Broker Check

150A Andover Street Suite 2 Danvers, MA 01923

978.777.6554
rcella@ipswichfinancial.com
Client Login
Ipswich Bay Advisors Home
Ipswich Bay Advisors Home
  • Home
  • Home
  • About Us 
    • Our Mission
    • Our Pledge
    • Our Team
    • Our Strategic Partners
    • Ed Slott Master Elite IRA Experts
    • Research-Based Investing
  • Services 
    • Retirement Planning
    • Tax Planning
    • Investment Management
    • Financial Planning
  • 401k Business Services 
    • Advisory and Management Services
    • Employee Education
    • Plan Sponsors
    • Participants
  • Events 
    • Meet Ed Slott Live!
    • Monthly Webinars
  • Resources 
    • State of the Market
    • Newsletters
    • LPL Research
    • Videos
    • Your Personal Retirement Machine
  • Contact Us
Client Login

Financial Planning

Financial Planning

What Is Financial Planning & Why Is It Important?

Client Centered

Financial planning is all about taking a comprehensive approach to your money. Instead of focusing on one aspect of your finances, such as saving for retirement, our holistic financial planning includes creating a tax strategy, protecting your family and your assets with insurance, and preserving and growing your investments with wealth management. 

We’re firm believers in end-to-end financial planning, where we leave nothing out. We can help you with your estate plan, long-term care needs, and any other aspect of your financial finances. By working together with your tax accountants and attorneys, we can create a comprehensive financial plan that considers every aspect of your financial life.

The Advantages of Financial Planning

The biggest advantage of engaging in financial planning is that you can feel confident with a plan in place. We help you create a strategy that will put you in a competitive position to pursue financial success. Building wealth or saving for retirement can only happen if you take the first step by working with a financial planner. 

Financial planning allows you to get a better idea of what your finances look like, too. For example, our team can help you figure out how much money you need to retire, how much you need to contribute to your investment accounts to reach your goals, and how long it will take until you can enjoy a prosperous retirement lifestyle.

What Does Financial Planning Look Like?

<br data-mce-bogus="1">

Financial planning includes many services, because the goal is to provide a holistic approach to managing your wealth. Here are some examples of financial planning services:

  • Investment management
  • Retirement planning
  • Tax planning
  • Saving for college
  • Estate planning
  • Long-term care planning
  • Life insurance planning

Our LPL Financial Planners weigh your financial situation and your objectives to better serve you. Your financial plan is likely to change over the years. We keep in touch with you about your situation and your goals over a long period, making sure we’re helping you build the financial future you envision for yourself and your family.

FAQs about Financial Planning

Why Do I Need a Financial Plan?
The main reason for having a financial plan is the ability to know exactly what your finances are doing, how and when you’re meeting your goals, and what you can do to improve your situation. Our financial plan considers every aspect of your finances, preserving your wealth, reducing your tax burden, and helping you work toward a prosperous future. 

Do I Need a Financial Planner?
When you work with our LPL Financial Planners, you benefit from having a qualified professional at your side. Finances are complex and difficult to understand, especially once you add taxes and insurance into the mix. Having a financial planner provides you with holistic, comprehensive financial planning services, which include every facet of your finances.

Is My Will Part of My Financial Plan?
Financial planning can and should include an estate plan. Your estate plan might include a will or a trust. Either way, you want a written directive that spells out what happens to your assets. Lots of people make the mistake of waiting to draw up a will because they don’t enjoy thinking about their death. It’s much harder on your family if you die without a will, which is why we recommend adding one to your financial plan. 

Is It Too Late for Me to Have a Financial Plan?
It’s not too late to make a financial plan, but it’s definitely time if you don’t have one. Our LPL Financial Planners can help you create a plan that works for you and includes everything you need to make sure your assets are protected and your family is provided for. If your plan is outdated, we also recommend talking to our professionals to update it.

Ipswich Bay Advisors and LPL Financial do not provide specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.

Contact Us to Create a Financial Plan

If you haven’t created a financial plan yet, it’s time to work on yours now. We’re here to help you with the process. Your financial plan is your stepping stone to financial independence. Call our team at Ipswich Bay Advisors to schedule an appointment to discuss your financial needs.

Set an Appointment with Richard

Contact

Office: 978.777.6554

Fax: 978.777.6560

150A Andover Street

Suite 2

Danvers, MA 01923

Series 6, 7, 24, 26, 63, 66

rcella@ipswichfinancial.com

Quick Links

  • Retirement
  • Investment
  • Estate
  • Insurance
  • Tax
  • Money
  • Lifestyle
  • All Articles
  • All Videos
  • All Calculators
  • All Presentations

Check the background of your financial professional on FINRA's BrokerCheck.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

Copyright 2023 FMG Suite.

Securities and investment advice offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. Ipswich Bay Advisors and LPL Financial are separate entities.  

Ed Slott is not affiliated with LPL Financial and Ipswich Bay Advisors.