Managing Wealth to Align with Your Values
Wealth Management with BakerAvenue begins by first understanding your beliefs and helping define your life goals with your team of financial experts who are here for you before, during and after any of life’s changes.
At the start of our relationship, we discuss the important areas of your financial life using a process specific to BakerAvenue: The Mosaic. It’s an honest, unbiased process created to uncover what truly matters to you. The truths it provides can be surprising and inspiring. We’ve found the Mosaic informs an organic, dynamic plan that prepares you for any life transition.
Divorce is one of life’s hardest transitions, and making the right strategic decisions during this vulnerable time is crucial. Frances sought our advice to help her plan the next chapter of her life that would avoid costly financial and legal mistakes.
As the lead advisor, BakerAvenue collaborated with a divorce attorney and a CPA to help create a financial and tax management plan during her divorce process.
Tax planning
Investment management / lifestyle planning
Following the divorce, we provided a comprehensive financial analysis of expected investment returns, portfolio income, and expenses to determine a sustainable long-term withdrawal rate from the portfolio to maintain her lifestyle.
Although the divorce was a difficult transition for Frances, she was very grateful for our guidance. Knowing we were there for her and shepherding her financial team, she was able to focus on healing after the relationship ended and was able to move on. She gained peace of mind knowing her assets had been divided properly and appreciated the tax savings as well.