Our Engagement

 

Fee-Based Engagement

Standard of Care - We act as fiduciaries on all fee-based planning relationships.

Engagement - Our team will work with you to create a holistic financial plan, including audit of all relevant aspects of your current situation (goals, insurance, investments, estate planning, etc.) The written plan will provide the guidance needed to help enable efficient financial decisions across multiple aspects of your planning.

Term of Engagement - One year. After, we can enter into a recurring annual planning engagement at 50% of the cost of your original planning fee or we can shift to an Asset Management or Insurance Advising Engagement.

Advisory Engagement

Standard of Care - We act as fiduciaries on all advisory relationships.

Term of Engagement - Ongoing. This arrangement results in an ongoing planning relationship as long as assets are being managed by the Northwestern Mutual Wealth Management Company.

Insurance Advising Engagement

Standard of Care - Suitability standard of engagement (non-fiduciary)

Engagement - Our team works within your existing plan to satisfy elements of risk management, tax strategies* , cash management, and design of safer asset alternatives.

Term of Engagement - Ongoing. Our team will advise on and implement your risk management planning and periodically

 

 

*this publication is not intended as legal or tax advice. Financial Representatives do not give legal or tax advice. Taxpayers should seek advice based on their particular circumstances from an independent tax advisor.