Our goal at Miceli Financial Planning is to help our clients enjoy their lives to the fullest extent possible today, while preserving the security of their future. To do this we offer comprehensive financial planning and investment management services designed to fit your needs:

• Financial Planning - This includes retirement planning and other areas of financial planning.

• Investment Management - We'll create personally strucuted portfolios that withstand the test of time. Current minimum is $250,000.

• Consultation - If you want advice on a project basis.

Financial Planning

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Many of our clients want help with the traditional financial planning areas in their lives like retirement planning and insurance analysis.  We are happy to do this type of work on a project basis. 

Project Work 

With this arrangement we will agree to a fee range based on the anticipated complexity of the work.  If we spend less time than anticipated we will happily reduce the fee.  On the other hand, if we spend more time that we anticipate, we will never charge you more than the quoted upper range. 

Retirement Planning

Retirement Plan (current/proposed) - Your retirement plan is the foundation of your financial plan.  Without a good retirement plan you may find yourself unable to retire, or in need of assistance from your children or the government.  Whether you're just getting started out or your nearing retirement, you should consider this service.  We will analyze how much you need to save in order to reach your retirement needs and where you should be saving this money, and help you estimate an appropriate retirement date.   We'll analyze several scenarios depending on your specific situation.  We'll continue to monitor and update this plan as needed to make sure you stay on the path to retirement.

Insurance Analysis 

The purpose of this analysis is to protect your net worth by minimizing the risk of financial loss in the event of a catastrophe. We review your potential sources of financial loss (health, fire, theft, accident, disability, death, etc.) and determine how to properly manage it. This includes reviewing the cost and coverage of your current insurance policies, conducting needs analyses, and recommending the proper type and amount of insurance coverage.

Tax Analysis 

The purpose of this focus area is to ensure you are in compliance with the taxing authorities and you are using all legal means possible to reduce your income tax burden. This is accomplished by reviewing your prior years income tax returns for accuracy in preparation, to determine if unnecessary tax was paid and whether you are in compliance with tax laws. This review determines if filing an amended return is worthwhile to recover unnecessary taxes paid or is required by law. At the same time, we are constantly looking for opportunities to reduce your income tax burden in current and future years, in addition to reducing the complexities and costs of your tax preparation.

Estate Analysis 

The purpose of this analysis is to assist you and your legal counsel in ensuring your wealth and property transfer smoothly during your lifetime or at death, with a minimum depletion to your heirs. We review your current estate planning documents, identify and documents that may be required, estimate any estate and gift tax liabilities, and develop strategies to reduce or eliminate estate taxes. Miceli Financial Planning does not provide legal advice or prepare legal documents. If you do not already have an estate-planning attorney, we can refer you to an attorney that specializes in this area.

Cash Flow Analysis 

The purpose of this analysis is threefold. First, we create an awareness of how you spend and allocate your resources in relation to your income. We accomplish this by developing a statement of cash flows for the current year and analyzing your savings rate, liquidity, and debt ratios. We look for opportunities to improve your cash flow, savings rate or debt management. Second, we establish a benchmark to evaluate your progress towards your financial goals. This is achieved by developing a detailed net worth statement. Finally, we determine if all your assets are properly balanced in terms of who owns them, where they are located, and the type of asset. This provides information needed for estate planning, risk management, investment planning or other planning objectives.

Education Analysis 

The purpose of this analysis is to assist you in savings for your children's, your grandchildren's, your own, or anybody else's educational needs. We'll determine how much you need to save and how best to save that amount. We'll also determine whether you should use a Section 529 Plan, Coverdell Savings Plan (Education IRA), Custodial accounts, Roth IRA's, individual accounts or some combination of these to hold your savings.

Investment Management

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Asset Allocation & Diversification

The key to successful investment management is to obtain the proper asset allocation (or diversification) in your investment portfolio. Our Investment Philosophy is detailed in another section of this website. Our goal is to maintain a proper diversification within your portfolio commensurate with your risk tolerance and your investment goals.

Quarterly Performance Reports

As an Investment Management client, you will receive quarterly reports from Miceli Financial Planning on the performance of your investments. Performance will be shown by asset, and asset type for 3 month, 1 year, and life of investment time periods. Additionally, all of the activity during the previous three months will be shown in a detailed transaction report. These reports are in addition to the monthly statements that TD Waterhouse will send to you.

Institutional Trading Fees

As a Registered Investment Advisor Miceli Financial Planning receives institutional trading fees with TD Waterhouse Institutional Services. In most cases our fees are lower than those charged for retail clients. Additionally, we are offered a substantial number of mutual funds on a no-load basis that often carry a significant load (5%) for retail clients.

Investment Management Fees

Your Investment Management fee is determined by the amount of assets Miceli Financial Planning manages. Our fees are based on a regressive percent of asset scale (see our Form ADV Part II for current fee schedule).  As a fee-only planner, this is the only compensation that Miceli Financial Planning will receive for its Investment Management services. We will never receive additional compensation from the purchase or sale of any financial products.

Consultation

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Do you need help with something else? Do you want to see if it makes sense to purchase that investment property, or sell it? Do you want to sit down with a financial professional for a few hours and pick their brain? If so, then you should consider our consultation services.