Working Together
The McKay Wealth team knows that change, especially when it can affect and effect your financial goals, can be stressful.
That’s why we work together, with you, to create a plan that best meets your current life and potential future changes. Your situation and your goals are unique, which is why your financial plan is created for you to maximize your results.
Our team knows that as your life evolves, your financial needs and goals may need to change too. Together, we will work with you to create a plan that provides enough flexibility for changes.
We offer three fee-only packages as well as hourly services. Advisors at McKay Wealth are fiduciaries which means we put our clients’ interests first and above all else. We know we’re successful when we’ve created your unique financial plan that helps you achieve your financial goals.
Beyond your initial plan, we're here to provide continuous financial planning and asset management, should you choose to have us assist you in managing your finances on a day-to-day basis.
Personalized Financial Planning
Career Changes
Often, people think about retirement, but career changes can also include:
job changes for more/less money/benefits.
selling/buying a business.
shifts to do something different/new.
Fee: $3,000 planning fee for 3 month engagement.
Life Shifts & Transitions
When we think about life changes, it can include:
marriage or divorce.
birth/new family member or death.
property acquisition (e.g., new/additional house, car, boat, RV, etc.)
Fee: $4,000 planning fee for 4 month engagement.
This may include:
concentrated and/or illiquid financial holdings
windfalls, such as inheritances or lottery/gambling winnings.
blended families and generational wealth planning.
Fee: $5,000+ planning fee for 5 month engagement.
Complex Situations
Financial Planning for Business Owners
Setting you and your business on the path toward a successful retirement is our ultimate goal. By using a team approach, we’re able to put our combined decades of experience into solving your unique financial needs. As we listen to your personal and professional goals and specific concerns, we’ll work with you to develop customized solutions to assist you in achieving a successful outcome. We have 4 distinct areas where we help businesses create value:
Retirement Plan Consulting
Selecting the right retirement plan to benefit both you and your staff can feel like a monumental task for any business owner. Not only are you taking on the fiduciary duties of acting in your employees’ best interest, but you’re becoming responsible for their hard-earned retirement savings.
Our team of professionals are well-equipped to help you understand and execute your company’s retirement plan.
Business Succession Consulting
Leave a strong, assured legacy. Your business often represents your primary wealth. It's crucial to consider both its financial impact and structure, as well as its personal implications for you and your family.
Engage a team of qualified professionals early on to ensure a smooth and purposeful transition.
Executive Benefits Strategies
We help business owners develop strategies to retain their top employees, the employees that are vital to the success of their business.
Together, we will review any existing buy-sell and partnership arrangements, and develop other agreements needed to ensure that you keep your key employees and they are set-up for a successful retirement.
Personal Planning & Tax Strategies
Proactive planning allows you the opportunity to minimize tax burdens with strategies that can result in years of savings. Working with your accounting professionals to coordinate the taxation of business and professional income can result in benefits for both you and your business.
With vast knowledge and experience in tax efficiencies, our team of dedicated professionals can guide you in taking advantage of tax planning opportunities.
Client Successes
We’re proud - and honored - to have a 90+% retention rate for clients. In some instances, we’re working with second generation clients.
At McKay Wealth Management, we like to celebrate all of our clients’ wins and successes on Instagram.
Tag us (@mckaywealth) and use the hashtag #McKayWealthClient to be added!
