At Pinnacle Investments, we believe in taking a holistic approach to financial planning. This means we look at the big picture of your financial life, considering all aspects that contribute to your overall wealth health, and personal goals. Our team includes Certified Financial Planners® (CFPs), professionals who have undergone rigorous course work, and examination, met strict ethical standards, and are committed to putting your financial well-being first. Whether you’re planning for retirement, managing investments, or creating a comprehensive financial strategy, our CFPs bring expertise and a personalized approach to help you achieve your goals with confidence.
What is Holistic Financial Planning?
Holistic financial planning is a comprehensive strategy that considers your entire financial landscape, not just isolated components. It’s about understanding how different aspects of your finances interact and creating a unified plan that aligns with your life goals and values.
Key Features of Our Holistic Approach
- Comprehensive Assessment: We examine all areas of your financial life, including investments, retirement, income taxes, insurance, estate planning, and more.
- Goal-Oriented: Understanding your short-term and long-term goals is vital to building a meaningful plan. Tailoring financial strategies to help you achieve them with constant updates as needed.
- Integration of Personal Values: Your financial plan reflects not just your monetary goals, but also your personal values and lifestyle aspirations.
- Ongoing Relationship: We view financial planning as a continuous process, adapting your plan as your life circumstances change.
What Can Be A Part Of Your Financial Plan?
Retirement Income Planning
Download our complimentary retirement income planning worksheet now and start mapping out your financial future with confidence.
Estate Planning
At Pinnacle, we understand that true financial planning isn’t just about growing wealth, it’s about protecting it, maximizing its impact, and ensuring your legacy reflects your values. Estate planning is a key component of this holistic approach, helping you prepare for the future with confidence.
Why Estate Planning is Essential
- Protect Your Family: Ensure your loved ones are cared for, avoid unnecessary legal disputes, and provide clarity during difficult times.
- Minimize Taxes: Strategically plan to preserve more of your wealth for the people and causes you care about.
- Plan for the Unexpected: Prepare for life’s uncertainties, such as incapacity, and ensure your wishes are honored.
How Pinnacle Integrates Estate Planning
Our team works seamlessly with legal and tax professionals to integrate estate planning into your comprehensive financial strategy. We help:
- Align your estate plan with your financial goals.
- Adapt your plan as life evolves, such as with marriage, children, or new assets.
- Stay ahead of changing tax laws and regulations.
Secure Your Legacy with Pinnacle
Estate planning is more than preparing for the future—it’s about taking control of your financial legacy. Let Pinnacle guide you in creating a plan that protects your loved ones, supports your goals, and reflects your values.
Contact us today to learn how estate planning fits into your holistic financial strategy.
Insurance Review
Insurance is more than just a safety net—it’s a strategic asset in a comprehensive financial plan. At Pinnacle, we help clients leverage life insurance to:
- Protect Your Loved Ones: Ensure financial stability for your family in the event of unforeseen circumstances.
- Supplement Retirement Income: Certain policies can provide cash value growth, offering an additional income source during retirement.
- Plan for Estate Taxes: Use life insurance to offset potential estate taxes, ensuring your wealth is passed down effectively.
- Support Legacy Goals: Fund charitable giving or create a lasting financial legacy.
Our advisors integrate life insurance into your overall financial strategy, ensuring it aligns with your long-term goals and provides the protection you need.
Investment Planning
Investment planning is a cornerstone of any successful financial strategy. At Pinnacle, we craft personalized investment plans that align with your goals, risk tolerance, and time horizon, ensuring your portfolio supports your broader financial objectives.
By integrating investment planning with other financial elements, Pinnacle ensures that every decision contributes to a secure and prosperous future.
College Planning (529 Accounts)
529 plans were created to help pay for children’s college tuition, the funds can also be used for a variety of qualified educational expenses. In fact, a series of changes to federal law have given investors added flexibility for how they can put 529 dollars to work — even if their children don’t pursue traditional college paths.
Ways To Put A 529 Plan To Use
If there are unused funds in a 529 plan, they can now be directly rolled into a Roth IRA for the beneficiary of the 529 plan (subject to certain limitations, including a $35,000 lifetime maximum per beneficiary). This can be done tax- and penalty-free over the beneficiary’s lifetime.
There is a lifetime limit of $10,000 from a 529 account that can be used to repay the beneficiary’s qualified student loans tax- and penalty-free, including federal and most private loans. An additional $10,000 can be used to repay qualified student loans held by each of the beneficiary’s siblings.
529 plans can be used to fund tuition and other educational expenses at a variety of post-secondary institutions and programs, including community colleges, trade and vocational schools, graduate schools, and qualifying online course and degree programs.
There are a couple of ways adults can take advantage of 529 plans. The most direct way is to open new accounts and designate themselves as the beneficiaries. Parents can also “take over” existing 529 plans that once benefited their children. For instance, if a child wins a scholarship and her college expenses prove lower than originally anticipated, a new beneficiary in her family — including her parents — can be designated for the account and use its excess funds without facing a tax penalty.
Whether it’s for a birthday, a holiday, or for no reason at all, relatives and friends can use 529 plans to give gifts to the children in their lives. Grandparents, aunts, uncle,s or anyone else wishing to help fund a child’s education may contribute to an existing 529 account or open a new one and name the child as the beneficiary. Individuals can contribute up to $18,000 ($36,000 for married couples) in 2024 without gift-tax consequences.
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