Our goal is to simplify complexity, ensuring that every element of your financial plan works in harmony.

I develop personal relationships with my clients to serve as their trusted advisor in building long-term financial plans, providing peace of mind, and being a dependable resource through life’s most meaningful moments.

Tom MacLennan, Jr. CFP^®

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Overview

Our wealth management services include both investment management and comprehensive financial planning and advice. As a discretionary advisor, we obtain full investment authority in our clients accounts. 

We allocate our client’s funds to the investments that are right for them. We use customized model allocations based on individual factors including, risk tolerance, liquidity timeline, social consciousness, and many other factors.

We maintain strategic relationships with Charles Schwab & Company (Schwab) and Black Diamond, two companies that power our wealth platform.

Investment Philosophy

At WMS Advisors, LLC, our investment philosophy is to develop a globally diversified investment portfolio while keeping costs low, minimizing taxes, and reducing market risks. We add market factors and sector exposure to our portfolios that are designed to help generate long-term growth on a risk-adjusted basis.

These asset allocation models are designed to lower portfolio volatility (risk) through diversification and help clients invest for future goals including retirement, college, lasting wealth, or a sustainable income stream. We perform portfolio rebalancing on a quarterly, semi-annual, or annual basis to keep the investments consistent with their target allocation. In summary, we want our client’s investments to work together so we can build a financial plan to meet their future needs. 

Contact us today to learn more about our wealth management services.

I believe effective financial advice should be clear, not complicated. I help people turn their long-term goals into simple plans that center around what matters most to them.

Alexander Schutz, ChFC^®, RICP^®

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Overview

Our financial planning strategy begins with a thorough fact-finding and data collection process in order to fully understand your needs, objectives, and expectations. Based on this understanding, we are then able to develop a variety of planning concepts whether you are saving for retirement or just starting out.

Our financial planning engagements are completed on an hourly basis. After our initial discussions, we will provide you with a specific estimate of cost based on your unique situation. However, our typical services range from $1,500 – $7,500 per project and are developed by Certified Financial Planners ™ (CFP®) who design and review every financial plan we create.

What’s Included

The recommendations you receive from WMS will be customized based on your needs and reflect your own unique goals and priorities. Below is a sample of what is included.

• Virtual/email follow-up as needed while engaged as your financial planner
• A comprehensive financial plan that provides an analysis of your current financial situation
• Written, easy-to-understand action steps with recommendations that are in your best interest
• Financial goal setting, scenario analysis, and help with making financial decisions
• Net Worth Analysis – listing of assets and liabilities
• Cash Flow Analysis – A summary of your income, cash flows and budget including any necessary recommendations
• Retirement projection(s) based on your goals
• Investing Assistance – including how much to invest, what type of accounts, and asset allocation recommendations.
• A review of your estate planning documents, employee benefits, and insurance policies and recommendations for adjustments if necessary
• Referral to other professionals if needed, such as CPAs, insurance brokers, or attorneys, to assist with implementation

Contact us today to learn more about our financial planning services.

We are always striving to reduce your tax burden through thoughtful financial planning strategies and tax efficient investment portfolios.

We perform a formal review of your tax return at the start of our planning and on an annual basis each year.  Our tax planning services may include the following, in addition to the annual review:

• Capital Gain/Loss Planning
• Employer Stock Option Planning
• Qualified Charitable Distribution (QCD) or Charitable Gifting Strategies
• Required Minimum Distributions (RMDs)
• Social Security and Medicare Planning
• Roth IRA Conversion Strategies
• Donor Advised Fund (DAF) Strategies

While we do not prepare tax returns or provide tax advice, we do provide tax planning and coordinate with your existing tax preparer or CPA either behind the scenes or as a team effort making sure our guidance fits into your overall tax plan.

Estate Planning

As part of our wealth planning services, we provide guidance on planning, transition, protection, and preservation for estates of all sizes to ensure our client’s existing plans are appropriate and match their goals and objectives.

We offer the following:

• Estate Planning Review & Recommendations
• Coordination and Collaboration with outside attorneys
• Gifting and Wealth Transfer Strategies
• Beneficiary Designation Review and Guidance
• Base Document Planning (Wills, Powers of Attorney, Medical Directives)
• Trust Planning and Strategies
• Charitable Planning and Giving Strategies

We work with our professional network of attorneys and specialists to create, update and implement these plans.

Contact us today to learn more about our tax and estate planning services.

A key aspect of this is exploring their insurance needs and strategies to evaluate risk from various sources including asset and income protection. 

This wealth protection planning helps to ensure the assets they have has accumulated and will continue to accumulate in the future will be protected from creditors, adverse life events, and risks such as disability, loss of income, death, long-term care needs, and medical costs.

The WMS team works to review and develop a needs analysis for our clients to make recommendations in the following areas:

• Life Insurance
• Disability Insurance
• Long-Term Care Insurance
• Estate Planning Strategies
• Business Strategies
• Property and Casualty Coordination

We have alliances with several insurance brokerage firms to ensure the proper careers and strategies are researched, designed and implemented to the highest standard. This includes walking clients through the process from initial application to full coverage implementation. We also have access to their advanced planning team and resources.  An example of one of these alliances is through our work with The Cason Group.

We believe that providing and offering insurance solutions to our clients and reviewing those coverages on a routine basis will help our clients meet their financial goals and objectives.

Contact us today to learn more about our insurance planning services.

A properly designed retirement and/or executive benefit plan can create meaningful opportunities for business owners and their employees.

It can allow for deferral of taxable income while also serving as a key component designed to reward and retain employees. We work with our business owner clients or their management team to construct plans that best meet their needs. We work with multiple recordkeepers, administrators, and other professionals on plan design, creation and ongoing support. Additionally, we will align your company plan with your personal financial goals and planning.

A few ways we help:

• 401(k) Plan Design —This is often the “base” retirement plan with safe harbor, profit sharing, and Roth options.

• Cash Balance Plans — These are generally designed as an enhanced plan for high-earning owners ages 45+.
• Non-Qualified Deferred Compensation —This can be used to target executive retention with various strategies.
• Executive Insurance Solutions — This includes key person, split-dollar, buy-sell plans using insurance carries and partners.
• Expert Guidance:  We will assist you with the management of your plan and allow you more time to focus on other aspects of your business. This could include annual plan reviews, investment monitoring, compliance oversight, and proactive updates as tax law and/or your business evolves.

Contact us today to learn more about our retirement plan and business services.