Comprehensive Financial Planning

Do you know if you have enough money to retire and live comfortably? We can create a full financial plan to let you know if you are on track. If it is determined that you aren’t on track we can help identify the holes and determine what you need to do to get where you want to be. Do you have any...
 

Portfolio Management

Once we have determined your goals and risk tolerance we can help you implement your investment strategy. We use professional, third-party asset managers to provide diversification by management style and asset class to match your risk tolerance and achieve your stated goals.
 

Existing portfolio analysis

Do you have investment assets with another firm, advisor or multiple investment accounts managed by multiple firms (i.e. old 401k, stock trading accounts, IRA’s) but you question whether or not this is working for you to help achieve your goals? Are you taking too much risk? Are you not taking...
 

Risk Management & Insurance Review

Do you have enough insurance or too much? Have you considered the potential need for Long Term Care? Do you have an existing policy or is it the right policy? When was the last time you reviewed your home, auto, disability or umbrella policies? We work with strategic partners that can review your...
 

Social Security & Pension Claiming Strategies

There are many factors that go into deciding what is the best option for you personally when collecting your Social Security and Pension Benefits. We can help you analyze your options to help maximize your benefits.
 

Small Business Retirement Plans

Are you a small business owner? Can your small business benefit by adding a retirement plan? SIMPLE IRA, SEP, 401k. This can help with employee retention and attracting outside talent not to mention the potential for the business owner to defer more money into retirement plans while potentially...
 

Tax Planning & Tax Returns

Through our partnership with Garrison & Associates we are able to coordinate your financial and investment life with your taxes to help potentially save on taxes or help maximize your savings and distribution of assets in a tax efficient way.
 

Important Document Review

We will review what important documents you may already have. i.e. Wills, Trusts, Powers of Attorney etc. When were these last updated? What has changed since you last put these in effect? Do your loved one’s or someone you trust know how or where to access these if something were to happen to you...

Team

Douglas Filipovits

Doug has been in the Financial Services industry since 2002 and currently holds the Certified Financial Planner®...

Collective Wealth Management manages assets for individuals and families, providing investment management, and financial planning services.

Blogs

401(k) Basics

Douglas Filipovits |
Categories
Retirement
As a retirement plan, 401(k) plans currently outpace the competition, with more than 54 million Americans participating in a 401(k) plan, and nearly 550,000 plans offered. Employer sponsored, 401(k) plans are by far the easiest mechanism for workers to get started saving for retirement. And because there is typically an employer match for contributions up to a certain percentage, workers can end up leaving a significant amount of money on the table if they choose...

Time to Create a Budget

Douglas Filipovits |
Categories
Savings
At the end of the month, do you often find yourself with a lot less money than you expected? Do you have a hard time determining exactly what you spent your money on? Do you feel that you should have more to show for your hard work than you currently do? Are you and your spouse or partner always fighting about money? If any of these are true, you may want to consider creating a...

Top 7 Ways to Save Money

Douglas Filipovits |
Categories
Savings
Even with a thriving economy, many Americans continually struggle to save money. While it’s certainly tempting to spend that extra cash, socking it away for the future in an IRA or investing in stocks makes much more sense. Try out a few of these tips, and you may find yourself with extra money to put aside for college or retirement. Reduce utility use. Utility costs are one of the easiest ways to save money, though...