Broker Check

What We Do

Services

At Simonson Wealth Management, investing is just part of what we do. We take a comprehensive look at your financial situation and provide you with a suite of services for all of your financial needs.  This includes portfolio analysis, investment management and review, risk management, and insurance.  We also work closely with client’s CPAs and estate attorneys to help coordinate their estate planning and tax preparation. We are here to be your one stop shop for financial services providing you with clarity, excellent service, and peace of mind.


Portfolio Reviews- We speak with you approximately 6-12 times per year performing comprehensive in person or remote portfolio reviews. During these calls we discuss your year to date performance, asset allocation, year to date realized capital gains, projected income, your industry weighting and top stock positions. We also give you a review of the markets, the economy and key news that could impact the markets. During these reviews we utilize Morningstar software to provide detailed analysis of your portfolio construction, performance and risk.

 

Retirement Planning- We utilize Morningstar software to run 500 simulations of your investment portfolio. We incorporate client information such as income, tax rates, savings, expenses, retirement needs, social security income, and pensions to create a personalized and comprehensive plan.         

   

Portfolio Analysis – We view all of your financial holdings as a whole to give us an accurate representation of your financial situation.  Utilizing our knowledge of the industry in conjunction with sophisticated software, we perform in depth analysis of your holdings, the risks associated with them and how they correlate with each other. Analyzing and adjusting the composition of your portfolio is critical to financial success.

 

Investment Management – We use your objectives, risk tolerance, and time horizon to create a customized investment plan for you.  We have access to thousands of stocks, bonds and funds giving you access to a full spectrum of investment products. We perform regular individual security analysis to present you with recommendations for your portfolio. We compile, read and share investment research with you to back our recommendations.  We subscribe to third party research including Morningstar, Valueline, Standard and Poors, Argus, and Thomson Reuters. Our recommendations are based on their suitability for you and our objective is to minimize your risk and volatility while maximizing your return.

 

Risk Management - Risk is an unavoidable aspect of life.  All investments carry some degree of risk and that risk varies based on the type of product. We use our expertise and experience to help you understand the risk with each investment and how to diversify and mitigate your overall risk. We also provide behavioral investment guidance, acknowledging individual investor biases to avoid common investing mistakes. We use industry knowledge, detailed research, advanced software, and experience to help clients make informed, rational decisions.

 

Insurance - Insurance can be an integral part of your financial situation.  Utilizing life and long-term care insurance can provide you and your family with protection in case the unforeseen occurs.  We help you navigate the confusing plans and contracts of insurance products to determine if they are right for your situation. We also review client’s existing policies to help them understand what they currently own.

 

Income -We specialize in helping retirees and are experienced in working with the challenges that can arise at this point in your life.  We help you establish a stable income stream to supplement your earnings and provide you with the liquidity that you need to live.  We provide income projections from your investments and look at them in conjunction with your social security and/or pension income to give you a reliable understanding of what you can spend in retirement.

 

Tax Strategy - We work with your tax professional to understand your situation and implement the most beneficial tax strategies into your financial portfolio.  How and when to invest and take profits/losses can have drastic implications on your tax bill.  By understanding the investment vehicles you own and the types of accounts you have, we are able to structure your portfolio to be tax efficient.

 

Generational Planning – We will work with you, your spouse, and your children to ensure stability and continuity with your financial affairs.  We work with your estate planning attorney and CPA to create a financial structure that will benefit you and allow you to pass on to your heirs the financial assets that you have worked so hard to accumulate.

 

College Savings- Saving for the educational needs of children and grandchildren can make a huge difference in their lives. We help you navigate the various savings vehicles and their rules to ensure you are using the best version for your needs. We can utilize Coverdell accounts, ESA’s, 529 plans and UTMA accounts to provide you with the best recommendation.

 

 

Administrative Services- Our clients come to us for help with various aspects of their financial lives outside of traditional investing. Some of the additional service that we provide to our clients are: 

  • Coordinate with relators, CPAs, and attorneys to assist clients with home sales or purchases, getting documents to tax preparers, and speaking to attorneys at our clients’ request.
  • Help to calculate and distribute IRA required minimum distributions.
  • Estate valuations including date of death pricing.
  • Estate distributions.
  • Help to coordinate IRA charitable distributions.
  • Coordinate appointments and reviews.
  • Assist with reviewing statements and online accounts.
  • Set up direct deposits.
  • Execute delivery of funds, incoming and outgoing, utilizing wire transfers and ACH’s.
  • Help to set up direct debits (bill pay).
  • Help with checking and debit cards for accounts held with us.

 

 

Products

  • Stocks
  • Bonds
  • ETF’s
  • Educational Plans
  • UIT’s
  • Mutual Funds
  • CD’s
  • Treasury Bonds
  • Annuities
  • Life Insurance
  • Fee-based, Fiduciary Accounts
  • Brokerage Services

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