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Financial Services
Trust.
Trust is an extremely important concept in our society. People seek the assurance of trustworthy service. While this concept is significant in most service industries, it is of paramount importance in the Financial Services sector. The management of money and finances is a top priority for most people, and they expect -- and deserve -- sound counsel to assist them in working toward their financial goals.
At Laurus Strategies, the relationships we have developed with our business and individual clients are based on the principles of trust, independence and full disclosure. Our approach to fully understanding a client’s objectives and then providing them with appropriate solutions helps build the foundation of a trustworthy relationship. Since we are an independent adviser, we can provide sound alternatives for our clients without bias. We advocate and engage in full disclosure with our clients so they always know all fees related to the solutions that are presented to them.
Retirement Services
Whether you have an existing retirement plan or are seeking a new one, Laurus Strategies wants to help you construct a retirement plan which may be one of the best elements of your benefits package. Whether it be a 401k plan, with its ERISA requirements and associated costs, or a SIMPLE-IRA, SEP or 403b plan, the paths to inefficiency, non-compliance and improper structure are numerous. We want to help you:
- Analyze your existing plans to identify areas of improvement such as investments, fees and participation;
- Meet your fiduciary responsibilities by helping you focus on Department of Labor and IRS guidelines so that you fully understand and implement the specific guidelines necessary to your enterprise;
- Tailor your plan to reach your chosen goals by utilizing Laurus’ strong relationships with third-party administrators and investment companies;
- Ease the implementation process for you and your employees by adapting our level of plan management so that it is based on your needs. The choice is yours --- you can be very involved in managing your retirement plan, or you can focus on other aspects of your business and leverage our plan management skills to provide you updates on an annual basis;
- Develop a long-term relationship with us. Each year, Laurus Strategies wants to help you assess your plan to see where it can be improved. We can also educate you and your employees to build on your knowledge of retirement and financial planning.
Personal Financial Services
Laurus Strategies is dedicated to matching our clients’ goals and risk tolerance with the most appropriate financial services and insurance plans…. both for today and tomorrow. We consistently strive for comprehensive financial understanding – yours and ours. In 20 years of working with clients just like you, we found that most people would like to improve their personal financial plans in the following areas:
- Investment Planning – We can help you develop a thorough understanding of who you are and what you are trying to achieve. We can then develop an individualized model portfolio that accurately reflects those needs.
- Risk Management – Proper insurance coverage is critical in today’s world. We can help you evaluate your needs, zero in on the type of insurance appropriate to your situation and make sure your coverage is always up-to-date.
- Retirement Planning – Everyone wants to have a long, enjoyable retirement -- but what do they actually do to make sure that happens? Laurus Strategies will work toward maximizing your income and minimizing your taxes as you plan your own retirement.
- Debt Management – We empower clients with an understanding of the difference between good and bad debt. We also empower them by helping to reduce -- or eliminate -- bad debt and make the most effective use of good debt.
- Tax Planning* – Many people have their taxes prepared, not planned. With Laurus, you can avail yourself of a wealth of tips and strategies that are aimed directly at reducing your tax burden, not just tallying columns on an IRS worksheet.
- Estate Planning – Again, many people spend their entire working lives building their net worth but little or no time preparing for the disposal of their assets after death. Laurus Strategies’ planning process will help you determine exactly what your estate planning needs are so that you can possibly avoid unnecessary taxes and probate.
Business Insurance
Ask yourself what you will do in this scenario: One of your key salespersons or executives has a serious accident and can no longer fulfill their vital role in your organization. Do you have a succession plan in place for your business that deals with that eventuality? If not, you need to consider these crucial consequences sooner rather than later.
Also, what plans do you have in place to help attract and retain key employees? Programs exist in the marketplace to help provide additional benefits to key employees.
Laurus Strategies can and will work with you to prepare your business for future events – both positive and negative. We can assist you in establishing insurance on the lives of key executives that will protect you and their families. We can put in place Buy-Sell Agreements and other contracts to foster an orderly succession plan for your business -- and the confidence that follows with that kind of follow-through. We can also assist with supplemental benefit plans for key executives or employees.
*Representatives of Mutual Service Corporation do not offer tax advice. Consult your tax professional for all tax matters.