Financial Planning

Financial planning is not purchasing a life insurance policy, an annuity, or an investment. It’s a comprehensive written plan that provides protection to avoid catastrophes before and after retirement.

Squam Lakes Financial Planning Services

A "written" comprehensive financial plan is your strategy for achieving your financial goals and objectives.

It addresses all areas of your financial situation along with important data relating to developing the plan, including personal and family information, a 25-year cash flow projection, cash flow analysis, summary of assets, and income tax planning.

At Squam Lakes Financial Advisors, we start the process by evaluating your goals and objectives. Next we identify issues, concerns, or stumbling blocks on the way of achieving these goals. The end result is a detailed roadmap answering your questions and addressing your current concerns as well as issues and concerns you might not have thought of prior to our engagement.

A financial plan answers:

Where are you at in your financial journey?

Charting the Course

Identify your priorities, set realistic goals, and develop a workable plan with a financial roadmap that will keep you on course.

Preparing for Retirement

Ready for an active retirement? Want to make sure that you are doing the right things and are positioned to meet your goals?

Making a Life Transition

Feeling some unease about the future? We'll help you navigate life changes so you can confidently transition to the next phase.

Who can benefit from a financial plan?

It’s never too early or late in life to complete a comprehensive financial plan. At Squam Lakes Financial Advisors, we help clients in their 20s and 30s start out on the right track and confirm how saving for retirement as early as possible will pay dividends in the future. We assist clients who are pre- and post-retirees navigate life after their career. We also help everyone in between stay on track to fulfill their life goals. 

During the financial planning process we review and make recommendations on:

  • Long-Term Spending
  • Education Funding
  • Investments
  • Retirement
  • Income Tax
  • Insurance
  • Estate Planning

Our robust 
Comprehensive Financial Plan with Retainer service is available for clients who are looking for a long-term, collaborative relationship with a financial advisor who can help you reach your goals.

-- An effective financial plan is never truly finished. Many clients continue to work with us as their goals and life circumstances change.

Independent, Experienced & Knowledgeable as Your Partner

For clients looking for an ongoing relationship with a financial advisor, we offer our Comprehensive Financial Planning with Retainer service. Working with you, we’ll develop a comprehensive financial plan and act as both your advocate and advisor to keep you on the path to your goals. We’ll also assist in the implementation of your plan, once approved.

We understand that executing a comprehensive financial management plan requires a well-coordinated, collaborative effort by a team of professionals from the legal, insurance, investment, estate, business, and tax disciplines. We’ll outsource to your other advisors and serve as the manager of your team. 

The Comprehensive Financial Planning with Retainer includes:

  • A comprehensive financial plan with ongoing updates
  • A minimum of four quarterly meetings to assess current circumstances
  • Monitoring investment managers for results and, if necessary, recommending alternate options
  • Ongoing communication with all your other professionals to continue the path to your goals including estate and tax planning.
We also offer a non-retainer comprehensive financial planning service. But, if at the conclusion of the planning process, you’d like to continue working with us, we offer support on an hourly basis or you can convert to a retainer relationship.

Not Sure Yet What You Need?

When beginning a financial advising relationship, many clients are looking for direction and may not clearly understand their needs. That is 100% okay and is to be expected! We offer clients the relief of a well-defined financial future and a roadmap to meet your goals. 

Squam Lakes Financial Advisors
We Are On Our Client’s Side

What's a Fee-Only Financial Advisor?

FEE-ONLY FINANCIAL ADVISORS provide clients with assurances that the advisors’ sole source of income comes directly from the client and not from the sale of products, the receipt of commissions, rebates, or any fee-sharing arrangements. In working with a fee-only advisor, the client is assured that their needs come first. Any conflicts of interest are fully disclosed.

A FEE-BASED ADVISOR is typically one who is willing to provide comprehensive financial planning without product sales. However, their hope and expectation upon completion is that the client will purchase products as offered by the same advisor who claimed to offer fee-only objective advice.

Making Retirement Goals a Reality
for More Than 35 Years.

In your one-hour complimentary conversation, we’ll discuss your current situation and provide advice on moving forward. At the end of our chat, we’ll present you with a no-surprises quote to help you shape your financial future.

Memberships & Affiliations

Squam Lakes Financial Advisors in the News and the Community