Helping You Develop a Fully Integrated Wealth Management Strategy
Our primary goal is to guide our valued clients towards developing a solid financial structure that will stand the test of time and build their wealth for their family and future generations. To ensure we have you on the right path to success, we conduct an in-depth analysis of your financial situation. We then apply the collective knowledge of our financial planning team to develop a plan to help you achieve your financial and life goals. It is this strong planning process that enables our clients to achieve their long-term financial goals in a tax efficient manner.
Our goals-based financial security planning approach is designed to help clients define customized short and long-term goals. It is also critical to identify roadblocks or gaps that might impact the financial planning strategy, and it is imperative to monitor the plan on an ongoing basis to ensure it meets any changing needs.
Castle Financial Services Include:
- Financial Planning
- Retirement Planning
- Portfolio Evaluation, Design, and Management
- Review to Potentially Increase Rates of Return on Your Money and Investments
- Estate Planning / Protecting and Preserving Your Estate
- Income Tax Planning / Reducing Your Income Taxes
- College Expense Planning
- Family Elder Law Planning
- Stock Option Analysis
- Business Continuity Planning
- Wealth Risk Exposure Review / Asset Protection
- Charitable Gift Planning
- Comprehensive Insurance Review
- Pension Plan Design and Management
- Business Succession Planning
- Comprehensive Legacy Planning and Multi-Generational Wealth Transfer counseling to preserve and gift assets to future generations including family values and traditions
Investment Manager Selection, Portfolio Construction and Due Diligence
We construct clients portfolios with leading money management institutions along with a proprietary “tactical” investment strategy overlay that has the potential to make money in both up and down markets. We take a conservative approach to investing with an eye towards higher returns and minimum risk. Our manager selection process is designed to pinpoint outstanding investment management talent, which we do by first screening the firms and, on an ongoing basis, through regular calls and/or meetings and on-site visits. We measure our success based on our ability to achieve the returns our clients seek rather than by how the general market indices fare mainly utilizing professionally managed mutual funds and exchange-traded funds (ETFs) for a cost-effective, conservative approach to managing money.
The 2008 financial crisis shattered many investors’ notions of the efficiency and stability of financial markets. This was not the first, nor will it be the last time that a market dislocation or “bear” stock market will occur. Accordingly, we feel it is imperative to also include a “tactical” component to an investment strategy that also has the potential to make money in both up and down markets to help reduce risk, improve performance and achieve long-term financial goals. Castle Financial incorporates such a critically important proprietary “tactical” component to client portfolios.
Investment Policy Statement
As part of our commitment to our clients, we work to help you develop an investment philosophy that best encapsulates what you are looking to achieve financially. A thoughtful investment policy statement is the cornerstone of a comprehensive wealth management plan. A well-crafted statement defines investment objectives, risk criteria, manager selection procedures, measurement standards, monitoring procedures and asset allocation guidelines. The investment policy statement that we help our clients build addresses their specific situation and risk tolerances. From there, we create a portfolio of investment managers that fit each client’s investment objectives.
A Five Star Wealth Manager Award Winner
The Five Star Wealth Manager award program has been recognizing and promoting outstanding wealth managers since 2000. Five Star Professional conducts market research to identify excellent service professionals in over 45 markets across the U.S. They recognize wealth managers who meet our ten objective criteria.
Al Procaccino II, President of Castle Financial, is a seven time 5 Star Wealth Manager Award winner and also a former 5 Star rated Morningstar Institutional Money Manger.
How Award Winners are Identified
To receive the Five Star Wealth Manager award, a wealth manager must satisfy 10 objective eligibility and evaluation criteria that are associated with wealth managers who provide quality services to their clients. Factors considered include assets under management and client retention rates. Candidates also undergo a thorough regulatory and complaint review.
To review our ten objective criteria and review our research methodology, click here.