Male: Now, when with—for someone to come to you, they need a certain size portfolio?
Male: Well usually it varies, it varies. I would say for individual accounts usually about a $100,000 or so. For retirement accounts, we work with small, the mid-size companies so there is really no limit on setting up a retirement account but that would be usually—
Female: I know that in some cases that I have where I thought that the person would benefit more form Kevin’s expertise and knowledge, it—it really doesn’t matter what they had. We were able to get them to Kevin and Kevin was able to assist them regardless of the amount that they had based on his knowledge on what they were looking to do.
Male: And a lot of times folks come in and we can advise them and it could be as simple as allocating the 401k properly or looking at protection for themselves if they get older. I think very important part of the overall comprehensive financial plan is to make sure that all your basis is covered.
Male: You know I think it's important that we’ve just touched on and we also offer something that we call a free second opinion. So we you know somebody can come to us who has done a state planning or has an injury case being handled by another firm but they’re not really sure about if it was done correctly or if you know, whatever. Come in, let us take a look. We’re not looking to grab business from anybody else; we’ll give you a second opinion. We will tell you and I know with you that you can go through a portfolio and you can interview somebody and you can tell them whether or not it's—to their needs or maybe it's heavy in one area or light in other area. Do you see that? I mean the—would come in and present—
Male: Absolutely! Absolutely! And a lot of folks come in for a second opinion and I think that’s one of the best things you can do rather is for your financial health or to plan your estate because there’s so many different points of advice that are out there. You want to make sure that the folks that you’re working with are really on top of that game and we see that a lot especially with what’s going now with the economy and the volatility guys in the financial markets. A lot of folks are looking for second opinions and it just—
Male: With third opinions.
Male: Yeah, it makes a lot of sense.
Female: One of the things that I tell a lot of my clients is that all of my clients when they’re doing the state planning is that I can give them the best state plan. We can top them up, the financial plan—the best possible way but if they don’t look into long term care, that could upset the apple card very easily.
Male: Absolutely!
Female: And you know the first thing everybody says, oh it's just so expensive. How do you deal with that situation when we send them over to you?
Male: Well, we look at an individual who want to make sure that they can afford it. We look at their current assets and see what type of income they're getting from their trust accounts or estate—let's say their IRA accounts. We want to make sure that they can afford to maintain the current lifestyle in this insurance payment that needs to be done, that make sure that they can afford it. A lot of times you put together the perfect plan. You make sure that your debts are in order. You invested the proper way. You make sure that the portfolios are growing overtime that keep in mind for your long term goes for your children and something happens. You might get sick. God forbid you’ll get sick and next thing you know, if you look at nursing home cost, it could be in the high 200’s per day.
Male: I think that’s—
Male: And that could be toxic—
Male: And I think the most important thing is that whether you know consulting with an attorney, you’re consulting with the financial certified financial planner, you are taking steps in a right direction to plan to protect yourself against all the things that can go wrong.
Female: All right.
Male: And that’s what it. That’s the bottom line—
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