Home | Our Services | About Us | Contact Us
Site Links
Social Links
About Us
RED7Seven serves a diverse client base that includes families, individuals, trusts, and corporate retirement/ pension plans.
Credential Research
Copyright © 2011 RED Seven Wealth Management . All rights reserved
Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SPIC
Advisory services offered through Cambridge Investment Research Advisors, Inc.,a Registered Investment Advisor
RED Seven Wealth Management, and Cambridge are not affiliated
Retiree -
Financial Planning
We provide ongoing advice and asset management based upon a risk assessment and your stated goals, objectives, and time frames. We develop a personal investment policy statement that acts as a guide in creating and managing your investment portfolio
Our portfolio development may include the following types of investments: Unit Investment Trusts, mutual funds, Exchange Traded Funds, individual equity securities , REITs, Corporate bonds, government securities, Structured Products, Annuities, and various other investment products. The allocation plan takes into consideration your stated concerns and objectives, risk analysis, portfolio management style, overall assets, and need for income.
Investment Management
Our risk management process stars with the identification, assessment, and prioritization of risks. Once risks are identified, we develop strategies to manage risk by, avoiding the risk, reducing exposure to risk, transferring risk to a third party by using insurance, and accepting the consequences of the risk when it makes sense.
Some of the risks we transfer to third party insurance providers are:
- Loss of income due to premature death -
Life Insurance - Loss of income due to disability -
Disability Insurance - Increased expenses for living assistance -
Long Term Care Insurance - Business sale or purchase due to death -
Cross Purchase insurance
Risk Management
Tax Planning
There are three primary phases to the process:
- Evaluation of present financial situation and specific recommendations in each of these areas.
• assessment of individual portfolio risk
• income tax and cash flow management
• investment portfolio analysis and recommendations
• investment accumulation strategies for retirement
• tax efficient income distribution strategies
• insurance/risk management audit
• business consulting and benefit integration for closely held businesses
• executive compensation
• estate tax analysis and asset transfer strategies
- Implementation of recommendations
- Monitor the plan and make adjustments as needed
Estate Planning
Charitable Giving
For those who have charitable intent, there are many gifting strategies that allow for you to support the charity or charities you care for and receive tax benefits for doing so.
Unfortunately, many individuals leave gifts to charities though their estate and never enjoy the opportunity to see their gift at work. If you are considering an estate gift, evaluate all of your options. Some sophisticated gifting strategies allow for you to accomplish your own financial goals while at the same time making a present gift to your charity.
The goal of tax planning is to arrange your financial affairs in a way that minimizes your tax burden. There are three basic strategies we can implement to reduce taxes; reduce taxable income, increase tax deductions, and take advantage of tax credits.
Tax planning is integrated throughout your financial plan and considered when selecting investment, risk management, and estate planning strategies
The estate planning process anticipates and makes arrangements for the disposal of your estate upon death. The goals are to eliminate uncertainties of the administration of probate and maximize the value of your estate by reducing taxes and other expenses.
A comprehensive estate plan includes the following four documents:
- Will
- Revocable trust
- Durable Power of Attorney
- Advanced health care directive
Income distribution planning takes into consideration all income sources including social security, pension income, and your investment portfolio.
Understanding your options and coordinating income streams can help optimize income during retirement.
Income Distribution Planning