LIFESYNC
eMoney Advisor® -- Connecting your money to what is important in your life
Ossewaarde, Anderson, Sanborn & Peterson Wealth Management Group of Wells Fargo Advisors believes that the Wells Fargo Advisors LifeSync – eMoney Advisor® planning process is one of the most innovative financial strategy resources available today. By emphasizing the value of conversation, it can help people prepare for their retirement and discuss some of the questions that tend to keep us awake at night.
Our highly disciplined LifeSync – eMoney Advisor® planning approach can offer you an effective way to identify your highest priority goals and develop an investment plan to pursue them. Instead of tracking your portfolio's performance against a standardized index, such as the S&P 500, we review your progress toward achieving your specific life goals.
Here's how the LifeSync – eMoney Advisor® process works:
Find out where you stand
Your path starts by understanding your relationship with money. Throughout your life, what lessons have you learned? What compromises or adjustments have you made to get you where you are today? These personal insights can help guide you to the future you aspire to live
Your path starts by understanding your relationship with money. Throughout your life, what lessons have you learned? What compromises or adjustments have you made to get you where you are today? These personal insights can help guide you to the future you aspire to live
Explore your future possibilities
Consider all the possibilities that your money can bring to you. Travel? Build a home? Start a business? Only by recognizing, communicating and documenting your desired outcomes can you and your advisor create a path toward reaching them
Consider all the possibilities that your money can bring to you. Travel? Build a home? Start a business? Only by recognizing, communicating and documenting your desired outcomes can you and your advisor create a path toward reaching them
Create your path
You and your advisor are now ready to design your personal path with our robust eMoney Advisor planning tool. Throughout your life, your advisor with eMoney, can provide you with the choices, information and action steps to help guide you to the future you imagine.
You and your advisor are now ready to design your personal path with our robust eMoney Advisor planning tool. Throughout your life, your advisor with eMoney, can provide you with the choices, information and action steps to help guide you to the future you imagine.
Putting eMoney to Work
Putting eMoney to work
eMoney aligns your assets to the jobs you want them to fulfill with progress towards your success. Your advisor is able to address your probability of success in two ways. The circle graphs at the top of this chart reflect the probability of reaching all of your goals based on your current situation (61%) and with a recommended plan (80%). Below that you’ll see the probability of reaching each of your individual goals
eMoney aligns your assets to the jobs you want them to fulfill with progress towards your success. Your advisor is able to address your probability of success in two ways. The circle graphs at the top of this chart reflect the probability of reaching all of your goals based on your current situation (61%) and with a recommended plan (80%). Below that you’ll see the probability of reaching each of your individual goals
Retirement Goal Analysis
Foundational and Advanced Planning – addressing your financial needs
As your life evolves and changes, your advisor can provide you with the support and guidance you need. The eMoney tool also aligns with your changing needs with two types of planning options: Foundational for more general planning needs and Advanced for complex planning
Foundational Planning addresses questions such as:
· Can I fully fund my children’s college education?
· Can I buy a vacation home?
· Am I prepared for market volatility?
· Am I on track to reach my retirement goals?
· How might home improvements costs affect my plan?
As your life evolves and changes, your advisor can provide you with the support and guidance you need. The eMoney tool also aligns with your changing needs with two types of planning options: Foundational for more general planning needs and Advanced for complex planning
Foundational Planning addresses questions such as:
· Can I fully fund my children’s college education?
· Can I buy a vacation home?
· Am I prepared for market volatility?
· Am I on track to reach my retirement goals?
· How might home improvements costs affect my plan?
Cash Flow Analysis
Advanced Planning addresses questions such as:
What is the impact to my plan to pay for a large expense with cash vs. financing? How can I preserve my assets for my family? Can you help me articulate my wishes for my estate? Can you help me understand the tax outcomes of:*
• Exercising my stock options?
• Giving to my favorite charity?
*Wells Fargo Advisors is not a legal or tax advisor. However, your advisor will be glad to work with you, your accountant, tax advisor and/or lawyer to help you meet your financial goals.
What is the impact to my plan to pay for a large expense with cash vs. financing? How can I preserve my assets for my family? Can you help me articulate my wishes for my estate? Can you help me understand the tax outcomes of:*
• Exercising my stock options?
• Giving to my favorite charity?
*Wells Fargo Advisors is not a legal or tax advisor. However, your advisor will be glad to work with you, your accountant, tax advisor and/or lawyer to help you meet your financial goals.
Live life with confidence
Life is too short not to focus on what is most important. Your advisor and eMoney can help you see all the possibilities of what your money can bring to your life and then create a path to help get you there. Contact your advisor to get started.
Based on accepted statistical methods, eMoney uses a mathematical process used to implement complex statistical methods that chart the probability of certain financial outcomes at certain times in the future. This charting is accomplished by generating hundreds of possible economic scenarios that could affect the performance of your investments. Using Monte Carlo simulation this report uses up to 1000 scenarios to determine the probability of outcomes resulting from the asset allocation choices and underlying assumptions regarding rates of return and volatility of certain asset classes. Some of these scenarios will assume very favorable financial market returns, consistent with some of the best periods in investing history for investors. Some scenarios will conform to the worst periods in investing history. Most scenarios will fall somewhere in between.
Wealth & Investment Management offers financial products and services through bank and brokerage affiliates of Wells Fargo & Company. Bank products and services are available through Wells Fargo Bank, N.A., Member FDIC.
Brokerage products and services are offered through Wells Fargo Advisors, a trade name used by Wells Fargo Clearing Services, LLC, and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. © Wells Fargo. CAR-0722-00698 IHA-7320602
Life is too short not to focus on what is most important. Your advisor and eMoney can help you see all the possibilities of what your money can bring to your life and then create a path to help get you there. Contact your advisor to get started.
Based on accepted statistical methods, eMoney uses a mathematical process used to implement complex statistical methods that chart the probability of certain financial outcomes at certain times in the future. This charting is accomplished by generating hundreds of possible economic scenarios that could affect the performance of your investments. Using Monte Carlo simulation this report uses up to 1000 scenarios to determine the probability of outcomes resulting from the asset allocation choices and underlying assumptions regarding rates of return and volatility of certain asset classes. Some of these scenarios will assume very favorable financial market returns, consistent with some of the best periods in investing history for investors. Some scenarios will conform to the worst periods in investing history. Most scenarios will fall somewhere in between.
Wealth & Investment Management offers financial products and services through bank and brokerage affiliates of Wells Fargo & Company. Bank products and services are available through Wells Fargo Bank, N.A., Member FDIC.
Brokerage products and services are offered through Wells Fargo Advisors, a trade name used by Wells Fargo Clearing Services, LLC, and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. © Wells Fargo. CAR-0722-00698 IHA-7320602