Individuals & Families

We believe a relationship with a financial advisor should be much more than just a professional relationship. It should be personal, because money is personal and has the potential to help you achieve your most ambitious goals. That is why the first step in our process is always a discovery meeting to understand your goals and how you approach them from a financial perspective. We also account for each aspect of your life, including your current benefits, salary, savings, circumstances, tax obligations and more. We have experience working with clients of all asset totals and needs, and we form a complete partnership based on an easy-to-follow yet still malleable plan that allows you to take control of your future and steer the ship toward your dreams.

Accumulating wealth is no small feat, which is why it should be protected once it is earned. Our team has experience working with high-net worth clients, and we provide custom investing strategies and use both separately managed accounts and personal unified managed accounts to personalize your portfolio. This level of service can also include consistent meetings to recalibrate your goals, discuss the state of the market and tweak your plan to ensure you are still on track toward your investing objectives. We also work to incorporate tax-mitigation strategies as well as transitional and legacy planning strategies into your plan, giving you, your beneficiaries or your favorite organizations the chance to keep as much of your wealth as possible.

What are your goals for retirement? Maybe you think you are ready to purchase a second home, or you’d like to see your name on a ship in the Bay. Maybe you’d simply like to provide for your family or help fund your children’s or grandchildren’s college education. At Bay Financial Services, we can create a plan to help you get to that retirement you want and deserve. We can also help you leverage significant assets to create streams of income to fund each of your individual retirement goals. We believe some of those streams should be ones you cannot outlive, and our partnerships allow us to seek out options that have the potential to provide protection without forcing you to sacrifice growth. Then, we stand at your side to find the most suitable option.

There are many risks of retirement that could upset your ability to live the retirement of which you have always dreamed. For example, inflation can decrease your spending power, while market risk and sequence of returns risk can drain the portion, or entirety, of your savings that is exposed to the market’s floors. Sequence of returns risk can be especially dangerous if the market is down as you approach retirement or in your first few years of retirement, as you take percentage-based losses on your highest asset totals. Furthermore, health risk is the potential of draining your savings due to health care expenses. These all contribute to longevity risk, or the risk of outliving your money. We can help you create a plan to mitigate and address these risks.

At Bay Financial Services, we know you have more than one goal. You have many, and those goals change, adapt and adjust along with your life and circumstances. Luckily, our services and our partnership are just as flexible, giving you the ability to pivot when it becomes necessary. Then, we use what we call “Bucket Theory” to partition your goals as well as the funds you plan to use to achieve them. We believe this is the most effective way to pursue those goals, as it can help you simultaneously achieve multiple short- and long-term objectives. We also think allocating your funds to buckets makes your plan easy to follow and understand, thereby making it more manageable and achievable as you see yourself make notable progress toward success.

While most think of the protective abilities of insurance products, these options have adapted in recent years to provide even more flexibility for retirees and pre-retirees. For example, insurance can now be used to create a tax-free source of retirement income. This can be beneficial to retirees who may be worried about required minimum distributions, tax obligations or transitioning their wealth to the next generation. Modern options can also offer a source of income retirees cannot outlive, ideally eliminating the potential of running out of money entirely. That income is protected and potentially subject to a rate of growth guaranteed by the claims-paying ability of the issuing insurance company. These solutions may not be right for everyone, but we can help you determine if they fit into your portfolio.