Building Wealth on Sound Advice
Planning and building for the future at any stage of life
Whether you are just beginning your earning years, saving for your child’s education or planning for retirement, we support your goals and dreams and create a financial plan to get you there.
If you’ve never worked with a financial advisor, taking the next step to building wealth is an important one. We spend time discussing the financial decisions that will impact you throughout your financial life.
What We Do
Our conversations might include planning to buy your first home, deciding how much insurance is appropriate and making the right choices about how much to save in a 401(k) plan.
Interested in the basics of budgeting and saving or the principles of investment diversification? Our wealth advisors implement all of these financial concepts to help you build a secure financial future.
While one-on-one conversations are what allows us to understand your financial goals, we know technology tools are essential to keeping you on track. We offer ways to view your account balances and investment portfolio online. Have a question? Chat with us and we’ll help you find the answer.
Are you ready for your next major purchase?
Buying a house can be a complex process. It often comes with hidden expenses and several years of saving. At Aldrich Wealth, we help you plan out how long it will take you to reach that goal. Instead of minimizing your retirement plan contributions to make a new mortgage work, we help you maximize contributions while also purchasing that dream home.
Education is a lifelong journey. If you desire to continue your education, we help you determine how to make ongoing schooling a part of your plan. Whether you’re going for a graduate or doctoral degree, the expenses add up fast. Implementing a plan to save for future education can help you save thousands in student loan interest later in life. Our financial advisors will walk you through the most financially sound ways to cover the costs of your education while not losing sight of your retirement goals.
Client Success Story
Chris and Staci are young professionals. They enjoy a comfortable lifestyle but were unsure how to balance debt reduction with their saving goals. We provided them with a structured plan for eliminating their student loan debt, saving for retirement and achieving their goal of purchasing a new home. They were pleased and decided to implement the plan.
Meeting financial goals
Along the way, we continued to help them by finding the most advantageous financing option for their home, recommending a diversified allocation for their 401(k) investments and introducing them to an attorney who helped them execute their estate planning documents.
Is a major life event in your future?
Are you considering adding a child to your family in the near future? This is a life event that can drastically change any family’s financial plan. Our financial advisors guide families on how to plan for these exciting milestones on a regular basis. They can help walk you through what you should expect and how to plan for the unexpected expenses a child may bring. As your family grows, this may include saving for your child’s educational future. With college prices on the rise, we can walk you through which college savings plan fits you and your child’s long-term needs.
A divorce is one of the most challenging transition periods in life, both emotionally and financially. During this period, having a partner with financial expertise and a broad array of services will help you navigate difficult times. We’re here for you with a team of uniquely skilled financial professionals, including a Certified Divorce Financial Analyst, who are understanding of your needs during this tumultuous time. The flexibility and support you need is at the center of our service model.
Are you considering taking over the family business or venturing out on your own and starting a new business? With your employer-sponsored retirement program likely gone, we can help you build a sustainable retirement plan around the future of your business and goals.
Planning on supporting your parents through their retirement years? While not uncommon, this can often come with unexpected medical expenses and living costs. Our advisors can walk you through those financial decisions to develop a sound strategy.
Budgeting Tips and Tactics
When do you want to retire?
Should you pay off your student loans first or should you start saving for retirement? This is a question many face as they plan out their future goals. We understand this is a complex question. We will discuss what option is best for you by evaluating your student loan interest rates while also evaluating the upside you could see in the market based on your investment risk tolerances. With a side-by-side comparison, we can break down how fast you should be paying off your student debt first versus how much you should be saving for retirement.
Retiring tomorrow starts with budgeting today. Creating a monthly budget can help you decide how much you can contribute to a retirement account each month.
The perfect retirement age may be 10 years away for some and 35 years away for others. That is why we believe you need a financial strategy customized specifically for you. Our advisors will sit down with you and discuss your retirement goals. We will work with you to decide how fast your assets need to grow over the next several years and the appropriate portfolio given your goals and risk tolerance.
Do you own a business you plan to sell someday? How does that fit in with your retirement plan? We believe it is never too early to understand how different exit strategies could affect your long term goals.
Meet Our Professionals
Senior Wealth Manager
Kayla Cook, CFP®
Kayla joined the firm in 2014. She has many years of experience working in the areas of personal finance, financial planning, and investments. Kayla is responsible for analyzing a client’s financial information and determining the best approach for meeting their objectives. In addition, Kayla provides strategic wealth management for individuals, families, and organizations. She is…
- CERTIFIED FINANCIAL PLANNER™
- Series 7 and Series 63 security exams
- Personal finance, financial planning and investments
- High-net worth individuals