Client Login

For Energy Executives . . . Are You Looking For A Plan To Diversify Your Wealth In The Event Of Unforeseen Changes In Your Business? You may be concerned that your income and primary investments are concentrated in the energy industry. You may be planning on retiring with sufficient income to maintain your standard of living for the rest of your life. Also, you would like to provide a legacy for your children. You may want a diversified strategy in the event of a major industry change. In addition, you are seeking a way to manage risk in your portfolio so that you can retire when you want to. Are You Like Steve? Steve, age 52, is an executive at an energy company. He is married, has 3 children and 4 grandchildren. He has a high annual income but the majority of his wealth has come from bonuses paid in stock. He is concerned about his lack of diversification since his income and largest assets are all tied to the energy business. He can't ever see himself fully retiring but plans to work less when he turns 62. He would like help building a plan and a strategy in the event of an unforeseen change in his business. How We Can Help Steve We will begin with a Wealth Management Plan Questionnaire to: Clarify issues standing in the way of his goals, Outline his current financial situation, Give him an understanding of what services he would find useful, and Begin the process of bringing his wife into their finances. The Wealth Management Plan That follows will help to: Create a clear outline of his current financial picture, Free up time to focus on family and business, Remove much of the complexity surrounding finances, Track progress towards goals, and Start a document so entire financial team can follow The Investment Policy Statement can: Create a timeline and process for diversification, Show multiple options for reducing concentration, Construct a proactive investment strategy tied to a financial plan, and Show true risk tolerance and how investments interact Their Client Financial Organizer can: Put all of their important financial and estate documents in electronic format and Create a system for his attorney and CPA to organize important documents Meeting with their CPA and Attorney can: Start everyone working as a team, Give them greater confidence having multiple advisors looking out for their best interest, Make sure we were running their plan as tax efficiently as possible, and Confirm that ownership structures are efficient for legacy and risk planning Their Insurance Analysis will: Help to make sure their family is protected from unforeseen risks, Undertake an estate tax efficiency analysis to minimize possible estate taxes, Review all insurance policies in place, and Create a strategy to insure he will not become a financial burden to their children Their vital Communication Plan will: Assist in establishing regular meetings with their entire advisory team, Customize communication updates to their liking, Provide for monthly and quarterly performance updates, Update Steve when market volatility strikes, Update the Wealth Management Plan quarterly or when a significant change occurs, Foster family education events for their children, and Include a family and financial team meeting annually By becoming more informed of his financial plan and investments, Steve gains a greater understanding and confidence in his family's future. This is a hypothetical example and does not represent any actual investor. What Is Next? If you want help understanding how your investments relate to your unique goals, we invite you to speak to us about how we can help you and your family. There is no better time than now to call us for a no-obligation Second Opinion at (731) 621-3500 or you can contact us here.

For These Volatile Times, Is Your Portfolio Structured As It Should Be? A Second Opinion For The Friends And Family Members Of Our Clients Second Opinion Current Challenges What now? An after-the-election look Are You Ready for the Fiscal Cliff? Does the Crisis in Europe Affect You? What is Your Income Generation Strategy? How Should You Respond to Volatility? How Will the Load of Rising Inflation Affect Your Portfolio? How Much Is Enough? How Safe Are Your Municipal Bonds? How Will the Federal Deficit Affect Your Wealth?

Home | Business Owners | Affluent Families | Independent Women | Energy Executives | Process Services | Resources | Second Opinion | Privacy Policy | Client Login | About Us | Contact Us

Whiteside Wealth Management, Inc. 3104 Edloe St., Suite 310 Houston, TX 77027 Phone (713) 621-3500 Fax: (713) 621-3513 Email: info@whitesidewealthmanagement.com Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability. Securities offered through RAYMOND JAMES FINANCIAL SERVICES, INC. Member FINRA/SIPC