DWM Wealth Planning
Personalized Wealth Planning for Every Stage of Life
Wealth planning is the ever-changing road map to your financial future. It all starts by setting goals. DWM partners with you in this – we listen so we can understand your unique objectives. We believe planning is both an art and a science. Incorporating personal interaction with AI technology, we provide specialized solutions to protect and grow your assets and enhance your life.
With DWM, wealth planning starts early. We work with clients of all ages… from 1-105! For clients with young children, we not only establish 529s, but also, where possible, Roth accounts and/or custodial accounts. As these kids become teenagers, they can join our “Emerging Investors” program which provides education and hands-on coaching from DWM.
Client Stories
Physician’s 1-year-old Starts Investment Program!
One of DWM’s clients, a physician, really wanted to start a Roth IRA for his daughter, his 1-year-old daughter! He asked us about this, and we suggested he add an image of her to the practice’s website. So she became a model. We made sure her pay was reasonable for services rendered and that all work was documented properly. With that, we started her Roth IRA. This kid’s got quite a leg up on her future!
For young earners and owners focused on growing their wealth, DWM’s process includes assessing their current financial health and clarifying long-term objectives.
FIRE or Not? (Financial Independence, Retire Early)
We helped a young couple answer the question: “Should we focus on attaining financial independence as early as possible, or should we enjoy a balanced life as we work towards retirement? We ran the numbers, showing their projected net cash flow after taxes under the FIRE program compared to the projected flow with fewer hours worked. Using this comparative data, they ultimately decided to enjoy life a bit more now and retire 2-3 years later.
BOOT
CAMP
“Boot Camp” is an exercise we ask all our new clients to complete in order to give us a clear picture of your financial health. (We like to compare it to Mayo Clinic’s week-long “Executive Health Program,” which is designed to assess and optimize one’s overall health.) “Boot Camp” usually involves 3-5 meetings over a 4 to 8-week period.
Completing this exercise gives us a solid groundwork from which to start planning, and it’s often quite illuminating for clients!
*There is no additional cost for Boot Camp.