Retirement planning produces ambivalent feelings in most people. On the one hand, the prospect of leaving full time employment for a new life is exciting. On the other hand, the reduction in earned income and increase in free time that accompanies retirement can produce anxiety. New Capital is expert at helping clients plan for retirement. Our comprehensive financial planning process explores all aspects of your work and financial picture, and puts it all together into a set of easy to understand recommendations regarding retirement timing, financing, and implementation. We have stood together with many clients as they stepped confidently into retirement with our assistance and counsel.
At its heart, estate planning is the act of showing those you love and care about, that you love and care about them after you are gone. We never lose sight of this essential perspective, and keep it in mind as we help guide, along with your estate attorney, the implementation and management of trusts, gift and charitable strategies, and asset management. Your estate plan and management should reflect your heart and mind, and we help bring about that result.
Planning, founding, and growing a business is one of the most demanding and rewarding endeavors that one can undertake. In all likelihood, you will spend most of your waking hours focused on and working on your business. New Capital has long experience planning, founding, and growing its own business, and helping others do the same. Our advisory helps clients with businesses better explore and understand their long term business needs and goals; solve issues including financing, growth, and employment; and interaction with the other important things in their lives including family, health, and leisure.
The cost of all education has risen more rapidly than almost anything else in the US economy in the past decades. As a result, planning for the education of a dependent, much less several dependents, requires careful planning. New Capital assists clients with the evaluation establishment and management of 529 college accounts, UTMA custodial accounts, qualified transfers, gift strategies, education lending, and other approaches to perhaps the most important investment any parent will ever make.
Insurance is a transaction wherein you pay another party to assume your risks. While New Capital does not generally act as an insurance agent or broker, we assist clients in assessing their risks that may need to be insured, and then referring clients to an appropriate agent. There are many areas of risk - life, property, health, liability – and we include them in our understanding of your full financial picture.
No one wants a divorce, but divorce is common, and New Capital has substantial experience in assisting both divorcing couples and individual spouses both during and after divorce proceedings. We work thoughtfully and productively where possible with legal counsel, accountants, retirement plans, and even marriage counselors to help make the difficult easier. We have extensive experience in helping newly single spouses build their new lives on sound financial foundations.
Investment management is at the heart of New Capital’s financial advisory, and we carefully and attentively take custody of your assets and invest your wealth with proven methods and in proven managers. New Capital was an early adopter of indexed “passive” investments, which is now accepted as the most appropriate way for investors to gain core exposure to equity markets. We also are skilled in analyzing funds and “active” managers and determining whether their approaches carry value for our clients.
According to representatives at Fidelity Charitable, our donor advised fund partner, New Capital is one of the most active and successful advisory firms in helping clients establish charitable accounts and strategies. Assisting our clients with their charitable planning is one of the most gratifying parts of our practice, and we are expert at helping transform visions of giving into reality.
Life expectancy for Americans has risen 33% from age 60 in 1930 to age 80 today. While obviously welcome, this dramatic increase is accompanied by issues in lifestyle, health, and financial planning. As a comprehensive financial advisory New Capital helps clients plan for older age through detailed cash flow and goals planning, healthcare cost modeling, assisted living scenarios, asset liquidity planning, and estate planning. We maintain listings to qualified eldercare attorneys and specialists with our proprietary Professional Network (PRONET), and are deeply involved with helping clients and their families achieve peace of mind for life’s later years.
The cost of healthcare in the United States continues to soar, and in our financial planning work we model future healthcare costs for our clients’ benefit.
Asset Protection Assistance
Properly owning and protecting assets is an element of financial responsibility that too many take lightly. New Capital helps clients consider how best to title ownership of particular assets and how best to protect themselves from adverse consequences and liabilities that could accrue from their ownership. Through our PRONET professional network we are able to connect clients with legal, insurance, and other professionals who can assist in ensuring that ownership of an asset is a positive rather than a negative experience.
By the time a minor child reaches the age of majority, parents will likely have spent hundreds of thousands of dollars on them. IT is now common for parents to provide financial support to adult children well into their 20’s. We help parents (and grandparents) factor the cost of children into their financial plans and ensure that the ultimate act of love – bringing children into the world – does not become financially destabilizing.
Marriage is perhaps the most important decision that one can make in life, and carries vast emotional, social, financial, and legal impacts. We are expert in helping clients discuss marriage before, during, and, if need be, after as well. Whether it be discussion of pre-nuptial, post-nuptial, asset protection, or even marriage basics, we are ready to help assist clients and their families in order to better assure the chances of successful happy marriages.
Of all of the goals that our clients discuss with us, perhaps none are more common than the desire to travel, especially after retirement. We work closely with our clients to help define their travel goals, and then to help make them a reality in their financial plans. We help reduce common concerns over spending on travel and instead enable travel to be fully embraced and enjoyed without guilt or anxiety.
Moving is among the most stressful events in our lives. Whether we are moving within a city, between cities or states, or to another country, the financial implications of a move can be significant. New Capital has helped many clients successfully consider their location options, timing, and budget and then further helped them successfully execute their move with a minimum of financial dislocation. We know that where and how you choose to live is one of life’s most important questions, and we stand ready to help you successfully answer those questions.
Women's Planning Center
Real Estate Planning
Money and finances can enhance or damage relationships, and our clients regularly seek our help for both cases. We assist clients in thinking creatively about how they might use their money to improve the relationships they have, and to help repair relationships that have been hurt by misunderstandings and miscommunications about money. Where issues exist between family members, friends, business partners, or others, we provide a safe place and a caring approach to make those most important assets - our personal relationships - more valuable.
Good organization is a major contributor to financial success, and New Capital works very hard to better organize our clients, and keep them organized. Often, we will be able to identify numerous areas where we can improve a new client’s organization including account consolidations, retirement rollovers, paperwork simplification and housecleaning, digital document vaulting, and professional bookkeeping and billpaying. While getting organized can be a headache, we have seen that our assistance quickly pays off for many clients.
Life Planning is a subset of financial advisory that was pioneered by George Kinder in the 1990’s, in which an advisor provides an expansive and visionary approach to help clients productively imagine their life and finances and then implement resulting plans. New Capital utilizes many techniques gained from our formal training with the Kinder Institute, and we have helped many clients imagine and then change their lives for the better. We truly believe that financial planning and life planning are inseparable, and we have the skills to ensure that both of these critical elements are honored.
Many of our clients report having little to no idea where and how they spend their money. In an age when whipping out a credit card or clicking online purchases enables overspending in the blink of an eye, New Capital uses bank transaction aggregation technology to help clients monitor and refine their spending so that they can let go of spending guilt and consume in ways that are comfortable and meaningful to them.
In our experience people want to celebrate important milestones in their lives but can be hindered in doing so by budgetary concerns. Our deep knowledge and understanding of our clients’ entire financial picture gained from our financial planning process enables us to help alleviate client concerns about the costs of celebrations in their lives. Whether it is an anniversary, special birthday, career accomplishment, religious ceremony, family reunion, or other, we are in position to help you recognize love and success in your life in ways that are both gratifying and feasible.
Many of our clients seek career advice from us, given the enormous financial implications associated with career and job decisions. Often, these decisions are not at all straightforward and involve tradeoffs that can produce anxiety and clouded thinking. We specialize in helping clients frame and evaluate their options using a decision model that scores multiple options in a side-by-side comparison to see which one ranks highest. Career decisions are perhaps the most important financial decisions that anyone can make, and we are proud of the assistance we have given to our clients in this vital area.
ESG Investment Planning
Technology and financial management are now inextricably intertwined. We are able to help you organize and secure your digital financial matters so you can be confident about your money.
Personal Development & Coaching
In our experience, everyone has a money problem, us included. Some have more money than they will ever possibly need, but deny themselves even reasonable use of it. Others have serious work to better preserve and save their finances for the future. And there are all point in between these extremes. Regardless of where your money problem lies, New Capital is one of the most respected practitioners in compassionately and adroitly understanding client money hangups, and then helping move beyond them toward greater money maturity.