Advanced Financial Planning Services

Financial planning services and financial management services to help prepare for a successful retirement and build a plan for daily, monthly, and annual cash flow and expenses. Each client’s team – which includes a CFP® - works to build a customized financial plan to help monitor cash flow and plan for large expenses.

Wills, trusts, and estates make up a significant portion of your wealth in retirement. Our in-house attorneys will work with you to review, edit, and augment your current estate documents, create new documents to  solidify your estate plan, and keep your beneficiaries up-to-date.

For clients interested in creating an estate plan, an advisor can help walk through the most important areas of estate planning, including creating a will or trust.

While Chicago Partners does not offer insurance directly, we have in-house insurance analysts to review our clients’ current insurance plans.

In some cases, they may recommend action to optimize your insurance planning. We work with strategic partners to ensure your insurance plan is always working in your best interest.

Planning for your children’s or grandchildren’s education can be one of the most significant expenses in your lifetime. We help create and manage 529 Plans that simplify the planning process for high school, college, and post-graduate education.

Similarly, planning for charity can be a meaningful event that can also help you reduce your taxable liability. Working with our advisors, you can create a Donor Advised Fund (DAF) that gives you full control over which charities receive your donations while amplifying the tax benefits of your giving.

The idea of a pension is to create a reliable, predictable source of income in retirement.

Chicago Partners’ retirement plan consultants take a similar approach when creating your Synthetic Pension, where your portfolio's yield is built to target a specific dollar amount that can be deposited straight into your bank account each month to maximize your predictable cash flow in retirement.

Each client of Chicago Partners receives access to software that contains their financial plan called the Wealth Management System (WMS).

Inside WMS, you can view all of your accounts (even ones we don't manage), check on your financial plan, make projections based on future purchases or other life events, and securely store sensitive documents like wills and trust documents.

To learn more about WMS, you can watch this video.