Scott believes wealth management drills down into the broader holistic financial plan and brings focus to those aspects of life that build, preserve and distribute wealth.

These subsets would include:

• Cash flow projections
• Portfolio reviews, asset allocation, systematic rebalancing; the “9-Box”
•  Careful security and asset selection
• Risk management of life, health property and old age care
•  Retirement income planning, social security decisions, IRA and pension decisions and alternative income strategies
•  Tax strategies
•  Asset protection and long term care plans
•  Estate plans and transfer concepts
•  Working with other financial team members
• Inter-generational meetings
•  Gifting concepts
•  Charitable trust strategies
•  Frequent reviews of plans, portfolios and custom strategies to preserve wealth