Advanced Planning - Personal Financial Management

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CLIENT SOLUTIONS

Individual Advanced Planning

Asset Protection and Preservation

We provide a wide array of quality insurance alternatives for your family and your business. Read More >>

Longevity Insurance

When it comes to long-term planning, certain investments let you save on a tax-deferred basis. Read More >>

Life Insurance

Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage and your goals. Read More >>

Long-Term Care Insurance (LTCI)

The risk of contracting a chronic debilitating illness is considered by many to be one type of risk best passed on to an insurance company through the purchase of a LTCI policy. Read More >>

Personal Financial Management

Marcum's Personal Financial Management group is focused on your total financial wellness. Read More >>

Wealth Management

Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage and your goals. Read More >>

Wealth Enhancement

Estate planning is a process designed to help you manage and preserve your assets while you are alive, and to conserve and control their distribution after your death according to your goals and objectives. Read More >>

Corporate Benefits Group

Employee Benefit Plans

Marcum Financial Services Corporate Benefits Group offers innovative and comprehensive employee benefit services for mid- and large businesses. Our advantage lies in proactive ideas, accessibility, flexibility and, most of all, personal service.
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Health and Welfare Services

Marcum Financial Services Corporate Benefits Group offers a range of core services as well as fee-based services. Read More >>

Individual Retirement Planning

Retirement Income Planning

The key to a financially independent retirement is proper planning. Planning for retirement is an ongoing process. Read More >>

PLANNING APPROACH

5 Step Consultative Client
Management Process

Individual investments and the markets fluctuate over time, and as professionals, it is our job to enable clients to make informed financial decisions using the full complement of resources that we offer.
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MFS Wealth Management Formula

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NEWS/EVENTS

CAREERS

Personal Financial Management

Do you have enough to retire?
Is your portfolio tax efficient?
How seamless will you transfer your wealth?

Are you maximizing Social Security/Medicare benefits?
Are you protected from the unexpected?
Will your assets outlive you?

Marcum's Personal Financial Management group is focused on your total financial wellness.

Whereas a tax accountant offers tax return preparation and planning and a financial advisor reviews retirement and financial planning, our professionals work together to unlock strategies aimed at enhancing your financial well-being.

Our tax, financial planning, and legal expertise cater to your specific needs and incorporate a combination of integrated services, strategies and planning techniques to provide you with optimal guidance and consultation, monitoring and oversight.

This "one-stop" approach allows the advisors from each discipline to work together, resulting in more expedient and beneficial consultation. We aim to move beyond tax preparation and portfolio management to become the planner, advice giver, problem solver and intellectual capital warehouse.

Our Services

Our services include, but are not limited to:

Tax planning & strategy
Wealth tracking
Retirement planning
Performance overview
Education and major expense planning
Estate planning
Cash flow and debt management

Personalized Options

Since your needs are unique, our services are nimble and flexible. We take into consideration the many factors involved, including:

Life stage
Demographics
Type of returns
Net worth

CLIENT SOLUTIONS

Individual Advanced Planning

Asset Protection and Preservation

Longevity Insurance

Life Insurance

Long-term Care Insurance

Personal Financial Management

Wealth Management

Wealth Enhancement

Corporate Benefits

Individual Retirement Planning

ASK MARCUM

At each level, clients are provided with both the initial analysis and strategy creation and ongoing monitoring and progress reporting packages that are combined to provide clients with ongoing, intrinsic insight into their financial roadmap.

The Marcum Personal Financial Management Process

Your Personalized Financial Management Options

INITIAL

Options	Description	Core	Enhanced	Concierge
Retirement Goal Planning and Monitoring	A basic retirement plan built on an analysis of your existing assets, future income and retirement goals and objectives.
Tax Return Review	An overview of your income tax returns for the previous year and advice on planning steps to mitigate taxes.
Education Planning	An analysis of the education needs of your family and funding strategies.
Net Worth Statement	A basic net worth statement capturing both your retirement and non-retirement assets. Includes investable and personal assets and liabilities.
Budget Guidance	A template budget and guidelines on how to create and stick to a budget.
Risk Management Needs Analysis	A review of the amount of life, disability and long- term care insurance needed to protect the family in the event of unforeseen events.
Total Asset Allocation Strategy	An in-depth review of your asset current allocations and recommendation on a strategy most suitable to meet your desired objectives.
Investment Policy Statement	Creation of a household Investment Policy Statement guiding investment choices, asset allocation, and performance criteria for the portfolio.
Estate Plan Review	A review of your existing estate planning documents and suggested steps to mitigate estate taxes and implement next-generation wealth transfer planning.
Tax Return Review including AMT and NII Analysis	An overview of your income tax returns for the previous year and advice on the planning steps to mitigate taxes.
Social Security and Medicare Analysis	A review of social security benefits and identification of claiming strategies to maximize social security payout.
Estate Plan Review	An review of your existing estate planning documents, review of asset protection strategies, charitable planning and suggested steps to mitigate estate taxes and implement next-generation wealth transfer planning.
Debt Analysis and Restructuring	A review of existing loans to identify ways of reducing loan servicing costs. Debt consolidation recommendations to reduce payments and enhance tax efficiency of interest payments.
Life and Liability Insurance Review	An analysis of your existing insurance needs and review of your policies for performance and features needed to cover your loved ones.
Gifting Analysis and Strategies	The creation and development of an asset and tax-efficient philanthropic plan that reflects and reinforces a family legacy of giving.

RECURRING

Options	Description	Core	Enhanced	Concierge
Annual Tax Return Preparation	A basic income tax return preparation that includes wages, 3-4 brokerage statements, 2 non-hedge fund K-1's, itemized deductions and one resident state income tax return.
Semi-Annual Performance Report and Education Goal Tracking	A mid-year report providing a high level overview of your asset allocation, accumulated rate of return and variance report with your retirement return benchmark.
Annual Insurance Needs Analysis	Track against major life events and / or changes to net worth to see if the needs have changed.
Tax-Harvesting	An annual evaluation of your total insurance needs and tax-harvesting for minimizing capital gains during Q4.
Annual Tax Projections	An annual tax projection during Q4 advising you of your projected tax liability for the year and steps to mitigate them, if possible.
Annual Performance Report and Net Worth Statement	A year-end report providing a high level overview of your asset allocation, accumulated rate of return and variance report with your retirement return benchmark and well as an annually updated Basic Net Worth Statement.
Cash Flow and Budget Tracking	A report providing details of cash in-flows and out-flows and how they correspond to an annual budget.
Annual Credit Report	Obtain copies of an annual credit report and review for negative factors lowering credit score.
Mini Life Book	A compilation of the most important elements of your personal and financial life that leaves a footprint for loved ones when they need it most.

Fees will vary based on the exact services that are part of a customized engagement.
The personalized options are examples and the exact services may vary by client and are subject to change without notice

THE RAYMOND JAMES ADVANTAGE *

The decision to hire a professional financial team should take into account the quality and professionalism of the firm that stands behind them. In choosing to do business with our team, you are also doing business with Raymond James.

Our team utilizes the extensive resources of Raymond James to effectively meet the needs of our clients. This approach allows us to provide a wide range of solutions by leveraging the expertise of Raymond James professionals.

* Securities are offered exclusively through Raymond James Financial Services, Inc., member FINRA/SIPC. Marcum Financial Services LLC is independent of Raymond James Financial Services.