Our Three Step Process

At MG Wealth Strategies our goal is to get to know our clients and find out about what motivates them and what their short, medium and long term goals are.

We like to make sure we understand what your objectives are so we can develop the best strategy to work toward achieving them.

Initial Fact Finding Meeting

Initial Fact Finding Meeting

Based on your goals and objectives, together we will determine what your customized financial strategy should be, taking into consideration:

  • Investment goals
  • Time horizon
  • Income needs
  • Retirements dreams
  • Charitable giving desires
  • Risk tolerance
  • Performance expectations
  • Liquidity requirements
  • Current investments
  • Legacy creation
Proposals Presentation

Proposals Presentation

In our follow-up meeting we will present proposals that could potentially work toward achieving your goals. Depending on your goals some of the topics to discuss could be; IRA's, ROTH IRA's, SEP IRA's, 401K/IRA Accounts, Annuities, REIT's, Money Management Accounts or Life Insurance.

Plan Implementation

Plan Implementation and Reviews

Portfolio rebalancing is a critical component of the strategic asset allocation process and essential to the long-term success of your portfolio. Rebalancing is designed to ensure that the allocation of your assets remains in line with your stated investment objectives.
A portfolio that is not rebalanced regularly may assume a risk profile that is not consistent with your investment objectives.

The ongoing management of your portfolio will include regular meetings and discussions so you can feel comfortable with your strategy, active and ongoing portfolio reviews and periodic reexamination of your investment strategy to make sure it continues to stay aligned with your situations and objectives.

Wealth Management Issues

We use a systematic approach to review key aspects of one’s financial situations. There are 13 key issues that our research has shown are of major importance to our clients.

  1. Investment Planning

  2. Insurance Planning & Risk Management

  3. Banking & Credit Management

  4. Retirement Planning

  5. Executive Compensation

  6. Business Succession Planning

  7. Planning for Incapacity

  8. Education & Family Support

  9. Charitable Giving

  10. Titling & Beneficiary Designations

  11. Executor / Trustee Selection Issues

  12. Distribution of Estate

  13. Tax Planning