Wealth Planning

A solid financial plan can help you gain the clarity and confidence you need to reach your financial goals. Beginning with a few simple steps, your personal relationship manager and experienced planning specialists at Wells Fargo Private Bank offer you a comprehensive, customized approach to wealth planning that can help you build the path to your secure financial future.

Collaborative, customized solutions

At The Private Bank, you’ll receive ongoing support and guidance to create and implement a custom wealth management plan to keep your financial life on the right track. Following your initial consultation, your relationship manager will coordinate a team of local specialists to tailor solutions to help meet your goals and financial needs, including:

  • Retirement and cash-flow planning
  • Investment planning
  • Wealth transfer planning
  • Education funding
  • Gifting strategies
  • Executive benefit planning and stock-option strategies
  • Risk management
  • Business succession planning

Your starting point and destination

Effective financial planning requires an understanding of where you are today and where you’d like to be in the future. Starting with a review of your goals and current financial situation, your relationship manager will take the time to help you assess your financial needs and resources.

Setting goals begins with understanding what’s most important to you and your family. Depending on your situation, these initial conversations may include how you envision transitioning your business, the educational needs of your children, or the type of legacy you want to leave to family members or charities. Whatever your priorities, your relationship manager will help you define your goals and create a roadmap for achieving them.

After you’ve established your goals, your relationship manager will work with you to identify and review your comfort level with investment risk, your time horizon, and the existing estate and legal documents you have in place to address your wealth transfer wishes. 

Analysis, advice, and action

In-depth analysis will help you match your defined goals with your resources. This may include simulating account performance and financial outcomes based on different investment choices or scenarios. Or, it may involve identifying timelines to allow you to pursue multiple goals simultaneously.

Through custom analysis, your planning team can provide you with strategic guidance and advice on recommended solutions to fit your needs and help you make informed decisions.

With your plan created, it’s time to put it into action. Your planning specialist can help you implement your comprehensive plan by working together with your CPA, family attorney, and other advisors. 

Ongoing support

As your life and goals change, your plan will be monitored and adjusted to keep it properly aligned with your evolving circumstances. Regularly reviewing your plan can help you preserve assets, remind you of what you’ve achieved, and provide an updated starting point for addressing your future financial needs.

Ready to learn more about wealth planning? Connect With Us