PRUDENTIAL FINANCIAL PLANNING SERVICES The Difference Financial Planning Can Make
Your Current Financial Situation If you re like most people, you ve taken some steps to reach a few of your financial goals. Do you know if you re going about it the right way? Most of us don t have: The ability to distance ourselves from immediate concerns and take a long-range view of our financial goals The knowledge to know what strategies are best The time we really need to look at all the possible solutions A Holistic Approach to Financial Planning A holistic approach to managing your finances takes your financial goals and dreams into account first. Then together, we embark on a journey to help you develop an integrated financial plan to realize those dreams. It s my mission, as a Financial Planner, to help you reach your short- and long-term financial objectives through the development of your
plan. With this, you will have more confidence in knowing your next step is helping you move along the path towards financial security. Determining if a Financial Plan Can Be of Value to You Creating a path to a successful financial future can be difficult. All of your financial needs are part of a big, interrelated picture. As a Financial Planner, I can look at your situation and help you with the following: Assessing your financial situation Tracking income and expenses Determining net worth Establishing an emergency fund Saving for major expenses Funding a college education Buying a house or car Developing a cash reserve for special occasions like weddings or vacations
Retirement planning Estimating retirement income and expenses Determining the amount of money you need to save to meet your future retirement income goals Estimating the value of government programs Identifying tax strategies to help minimize tax liabilities Investment planning Reviewing your experience and attitude about money and investing Assessing your risk tolerance, including identifying your biggest concerns about investing Developing an asset allocation strategy for each accumulation goal Determining investment vehicles that best match your tolerance for risk and time horizons Tax planning Identifying potential tax liabilities and tax-deferral strategies Staying abreast of recent tax law changes Protecting against financial crisis Helping to ensure your family s ongoing financial needs will be met if you die Helping to meet your financial needs in the event that you become disabled or need special care Planning for continuing your business
Estate planning strategies Evaluating your estate Helping to plan for the orderly distribution of your estate Helping to provide a legacy to loved ones and valued charitable organizations If you have multiple financial needs, you could probably benefit greatly from a comprehensive plan, and from professional assistance in helping to build one.
How We Can Work Together PURPOSE FREQUENCY COST AS A FINANCIAL PLANNER: FINANCIAL PLANNING BASED ENGAGEMENT OBJECTIVE: NON-PRODUCT SPECIFIC ADVICE Comprehensive in-depth analysis of: Net Worth and Cash Flow Investment Planning & Allocation Risk Management Income Tax Planning Retirement Planning Estate Planning Strategies Relationship- Based: Meet as necessary to help ensure that you understand your financial plan Fee-Based: Agreed upon fee for financial planning service Agreed upon fee for annual updates as needed Commission and/or fees if you decide to purchase products/ investments to implement your financial plan AS AN INVESTMENT ADVISORY REP: ASSET MANAGEMENT Asset Allocation and Rebalancing Innovative Risk Management Portfolio Enhancement Tax Planning Strategies Quarterly or annual reviews relevant to platform chosen and client preference Quarterly fees based on platform chosen and account size AS A FINANCIAL PROFESSIONAL: NEEDS ANALYSIS Provide products and high-level single needs analysis Annual review of account performance and contact for issues related to your accounts Commissions earned on products/ investments
Your Financial Planning Process Establish Your Financial Goals Review Your Progress 2 Understand Your Situation Implement Solutions or Provide Guidance 1 Benefit From Knowledgeable Analysis Review & Discuss Strategies Establish your financial goals AGENDA Initial discussion of your financial situation, goals, and expectations Client completes financial profile Understand your situation Conduct robust goal development discussion and collect financial profile and documents Financial Planner begins analysis Analyze your information Verify data, highlight areas of concern or opportunity, and share initial findings OBJECTIVE Gain an understanding of the process, complete Client Advisory Agreement and review financial profile Obtain all relevant information to begin analysis Understand basis for analysis, refine plan data, and collaborate on what if scenarios Financial Planner develops recommendations and action plan Review and discussion Implementation Progress review Read custom recommendations, answer questions, and review action plan Execute items from action plan Evaluate progress and adjust for changes in circumstances over time Chart a specific path for achieving all financial goals Act on recommendations Ensure successful implementation and refine strategies 1 You have a choice to implement the recommendations in your financial plan on your own, with your Financial Planner or through another financial services professional. If you choose to implement your plan with your Financial Planner, he or she may sell services and products to you in his or her capacities as (1) a registered representative of Pruco Securities, LLC, a registered broker-dealer, and/or (2) a licensed insurance agent of The Prudential Insurance Company of America and/or its insurer affiliates. 2 You should review your progress toward goals periodically.
Plan for tomorrow today with Prudential It s not too early or too late to develop an effective plan that can help you achieve your financial goals with confidence. The plan we make will help provide you with: A clear picture of where you stand today. We will gather all information needed to clarify your current financial goals and prepare an analysis reflecting your current resources and investment personality. A clear vision of where you re going. You ll have a roadmap outlining the action steps you need to take, the strategies you can employ and the savings you will need to reach your financial goals. We ll also identify any gaps that may put your plan at risk and recommend adjustments to help close those gaps. A clear strategy to help you get there. Identify and implement appropriate insurance and investment vehicles that will offer both potential growth and protection for what matters. I can also help perform periodic reviews of your progress towards your goals and offer updated strategies if necessary.
Below is a handy reminder checklist of the types of documentation you may need to provide to develop your financial plan. Checking and savings account information Loan and credit card statements Mortgage and property titles Investment statements Insurance policies Employee benefit plans and statements Business or partnership agreements Most recent federal and state income tax returns Trust agreements and wills Other pertinent financial data: --------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------
Partner With a Leader Prudential Financial has been helping individuals and institutions meet their financial challenges since 1875. With our global presence, we are one of the most recognized brands in the financial services industry and have a diverse range of businesses including insurance, investments, and retirement. Prudential is the second-largest life insurer in the United States (life and group combined) based on total admitted assets. 3 Our domestic insurance company subsidiaries financial strength is rated by the major independent rating agencies as follows. 4 Assets Under Management $1.218 trillion (as of March 31, 2016) Gross Life Insurance in force worldwide $3.5 trillion (as of December 31, 2015) The Prudential Insurance Company of America Financial Strength Ratings A.M. BEST COMPANY A+ FITCH RATINGS A+ STANDARD & POOR S AA- MOODY S A1 3 At December 31, 2013, ranking for Prudential Financial, through its life insurance companies, according to A.M. Best. 4 Ratings ranges: AAA (Extremely Strong) is the highest of 21 ratings that Standard & Poor s extends, the lowest being R (has experienced regulatory action), and is a measure of claimspaying ability. Aaa (offers exceptional financial security) is the highest of 21 ratings that Moody s extends, the lowest being C (having extremely poor prospects of ever offering financial security), and is a measure of financial security. A++ (Superior) is the highest of 16 ratings that A.M. Best extends, the lowest being S (Suspended), and is a measure of claims-paying ability. AAA (Exceptionally Strong) is the highest of 21 ratings that Fitch Ratings extends, the lowest being C (Distressed), and is a measure of insurer financial strength. Ratings are not an indication of any variable portfolio s performance, which fluctuates with market conditions. Ratings are not a guarantee of future financial strength and/or claims-paying ability. Note that Pruco Life Insurance Company of New Jersey and Prudential Annuities Life Assurance Corporation are not rated by Moody s. The above ratings are subject to change and do not reflect any subsequent rating agency actions. Please visit our investor relations site, www.investor.prudential.com, for the most current ratings information, or the website of the relevant rating agency.
Prudential and its representatives do not give legal or tax advice. Please consult your own advisors regarding your particular situation. Offering financial planning and investment advisory services through Pruco Securities, LLC (Pruco), doing business as Prudential Financial Planning Services (PFPS), pursuant to separate client agreement. Offering insurance and securities products and services as a registered representative of Pruco, and an agent of issuing insurance companies. 1-800-201-6690 Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities. 2016 Prudential Financial, Inc. and its related entities, 751 Broad Street, Newark, NJ 07102-3777. All Rights Reserved. www.prudential.com 0241322-00004-00