Services
Services
Certainly, high net worth individuals face many complex questions about how to optimize their financial wealth and ensure the security of their families’ futures. Through Joel Magbitang’s affiliation with The Nautilus Group®, we have access to an unmatched base of knowledge and experience. Together, we can work with you one-on-one to answer your questions and tailor solutions to fit your needs.
Preserving and growing your financial wealth requires sound counsel and expertise in a number of areas, and Magbitang Financial can offer you and your family a broad range of services.
Services for Individuals
Family Protection
We help you identify financial strategies and retirement income plans that can help you accumulate assets for the future, shield your business and personal assets from liabilities, and safeguard asset transfer to children and grandchildren.
Estate and Legacy Planning
Through collaboration with you and your other advisors, we can assess the impact of state and federal taxes on your estate and suggest strategies designed to minimize those taxes, while meeting your personal philosophies and family needs.
Philanthropy
We can help you design and execute a charitable giving plan that can meet your personal and philanthropic goals while minimizing your tax burden.
Wealth Management and Retirement Planning
Julius Elmer "Joel" M. Magbitang designs and implements a variety of accumulation and retirement income plans, offering insurance products, investment programs ranging from separately managed portfolios of stocks and bonds to mutual funds, and access to third-party wealth management programs. He offers a consistent process to ensure management of investment assets according to your risk tolerances and investment goals. He then monitors your plan on a continual basis and adjusts and evolves as your needs change.
Investment Management
Managing your wealth requires a clear understanding of your overall investment objectives. Through Eagle Strategies LLC, our comprehensive investment advisory capabilities utilize a disciplined investment approach that looks beyond traditional asset allocation, while addressing important factors such as risk tolerance levels and investment time horizons.
Disability and Extended Care Needs
To execute a sound retirement strategy, asset and income protection are a must. Designing a plan that encompasses managing costs for extended periods of care and disability insurance can help create the necessary balance in a portfolio to ensure stability and protection of assets.
401(k) and IRA Rollovers
When you leave a job or retire, you have a decision to make regarding your 401(k) money. While leaving those assets in the former employer's plan is an option, a rollover can be a consideration. Working with your tax advisor, we can help you determine the right course of action for you. This may include: leaving the funds in your existing plan, if permitted, or rolling them into your new employer's plan, if one is available and rollovers are permitted. Each choice offers advantages and disadvantages, depending on your specific needs and retirement plan, such as the desired investment options and services, applicable fees, expenses, and withdrawal options, as well as required minimum distributions and tax treatment of applicable options.
Services for Businesses
Business Succession and Exit Planning
Your life’s work is often one of your most valuable assets. We’ll help you find ways to protect that asset and ensure its viability well into the future.
Executive and Employee Benefits
Most businesses are successful due in large part to talented executives. At Magbitang Financial, we can suggest a variety of benefit packages to help you retain key employees and attract new ones.
Key Person Insurance
Key person life insurance offers a death benefit that helps to indemnify an employer for the loss of one of its most important assets - the key person. This can help assure continuity of the business for employees, customers and creditors, and protects against losses in sales, momentum, and credit. It can also be used to assist with recruiting and developing a replacement for the employee.
Funding Buy-Sell Agreements
A buy–sell agreement is a legally binding agreement between co-owners of a business that governs the situation if a co-owner dies or leaves the business, whether by force or by choice. A funded cross-purchase buy-sell plan utilizes life insurance to help ensure that the arrangement is properly funded so that there will be money when the event is triggered.
Funding Deferred Compensation
Deferred compensation is a written agreement between an employer and an employee where the employee chooses to have part of his or her compensation withheld by the company, invested on their behalf, and distributed back to them at a pre-determined point in the future. Deferred compensation can be used as a flexible way to attract and incentivize key employees.
|