Skip to main content
973-593-0041 romil.bhagat@lpl.com
  •  

Fairway Wealth Management logo

Fairway Wealth Management logo

  • Home
  • About
  • Process
  • Products and solutions 
    • Investment Planning
    • Risk Management
  • Resources 
    • Blog
    • Video Library
    • LPL Research
    • Weekly Market Commentary
  • Contact
  • Client Login

    You are here

  1. Home
  2. Products and solutions
  3. Investment Planning

Investment Planning

Along with the protection offered through insurance and the goal setting provided by investment choices, money management strategies can help manage savings on a daily basis.

From mortgage payments to tax savings, a strategy for managing money effectively involves a consideration of individual contexts.

  • Investment Planning
  • Retirement Planning
  • Business Succession Planning

Investment Planning

Initially, we inquire about your risk tolerance, liquidly needs, time horizon and return on objectives.  Based on these parameters, we model how much you may need to put away to pursue your goals.  Once we agree on a portfolio, we implement, adjust and monitor allocations while keeping you informed.  We will communicate regularly to keep appraised and to learn of any changes in your circumstances that may require adjustments to your portfolio.

Investment services provided:

  • Retirement planning
  • Children’s education planning
  • Estate planning
  • Business financial planning
  • Social Security planning

Retirement Planning

For most people retirement income comes from a company retirement plan, pension plans or IRA plus Social Security income and non-qualified (post tax) investments to help fund a long retirement. 

We look at ways to help you invest in preparation for retirement as well as strategies to take income in retirement. Social Security is a complicated topic! Questions of when to start taking income and how to manage expected health care costs while retired are usually on top of the list for new retirees. We try to simplify Social Security and guide you in this area. 

Business Succession Planning

After working hard to develop a business, it is important to also enjoy the results. Many entrepreneurs spend years of focused effort building up a business, but then fail to consider how to make the transition to retirement. A financial planner can offer expert advice in how to plan an effective business succession strategy.

For family businesses, a formal management succession strategy can help ensure a business stays in the family over generations. Depending on the level of involvement of family members, alternative bequests can help make decisions with those who do, and those who not, want to continue being involved in the family business.

Entrepreneurs can work to turn equity in the business into capital that can be used to fund retirement. Business owners can design tax-effective retirement strategies, such as using life insurance policies, paying business founders a salary, or arranging for an heir or heirs to slowly buy up ownership shares.

Smaller businesses may not need to pay estate taxes but can still benefit from a plan that ensures an equal legacy for their successors. A financial advisor can help entrepreneurs plan an inheritance that is fairly distributed among all loved ones.

Contact us today to discuss strategies for business succession.

Book a Complimentary Consultation

Tell a Friend

Looking to learn more?

Get in touch today

Contact Us

Contact info

  •   199 Walnut St, Livingston, New Jersey 07039
  •   973-593-0041
  •   romil.bhagat@lpl.com

Additional info

  • Sitemap
  • Legal, privacy, copyright and trademark information

Contact us

Securities offered through LPL Financial, member FINRA & SIPC.

Investment advice offered through Private Portfolio Partners, LLC, a registered investment advisor. Private Portfolio Partners, LLC and Fairway Wealth Management are separate entities from LPL Financial.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: NJ, NY, CA, NC.

DISCLOSURES: FORM CRS

© 2021 Fairway Wealth Management. All rights reserved.

Website Design For Financial Services Professionals