MCS Financial Advisors - Wealth Management

Overview

The Financial Planning Process

Asset Management

Investment Philosophy

Family Systems Wealth Advising

Professional Collaboration

Your Complimentary Consultant Directory

By working with a range of professionals, each with their own expertise, our clients benefit from a more effective risk management strategy. Wealth managers, lawyers, accountants and other consultants may all bring a slightly different perspective on the same situation.

A Team of Professional Service Providers
MCS Financial Advisors offers our clients comprehensive guidance on their financial situations, exposure to risk, and evaluation of business opportunities. Taxation, trust, family dynamics, and business entity issues are important parts of the total picture. Professionals working in isolation can often give incomplete or conflicting advice because they have different perspectives. In order to properly advise on our clients' entire financial situation, at MCS we prefer to collaborate with our clients' other retained professionals to ensure that none of us is working at cross purposes.

Legal implications: We "pour" our clients' asset through their estate plan and review the outcome. This reveals issues relating to valuation, liquidity, implementation, beneficiary designations, potential high estate taxation, inheritance ratios, and other areas that may need adjustment.

Tax implications: We consider the tax impact of portfolio decisions based on our clients' entire financial picture. This includes: tax planning coordination between assets we manage and our clients' gains/losses from outside assets; Roth IRA conversion strategies; selection of investments with income that can complement and offset other losses. Accountant participation can provide comprehensive input to these decisions.

Business assessment: Family-owned or closely-held businesses often make up a significant portion of a family or individual's total net worth. In many cases, the key to protecting or growing wealth can be found in that business. Working with business consultants to create more profitable, sustainable companies generally translates into a higher value for the business and a more secure future for our clients.

Family dynamics: Multi-generational family wealth often has its own set of issues and challenges. As an extension of our commitment to enhancing our clients' total wealth situation and reducing risk, MCS utilizes outside consultants to facilitate healthy communication that comfortably de-mystified internal family dynamics that pose risk to our clients' financial well being. MCS offers these services in order to support generation stewardship of a family's financial legacy.

As committed professionals, our mission is to transform our clients' money from a source of worry to a resource for fulfillment. In order to reach these goals, we appreciate the need to engage and actively collaborate with our clients'' other like-minded, retained professionals.