240-428-1622 | info@shermanwealth.com



Financial Planning

Build Your Wealth Using a Customized Financial Plan

Our holistic approach to financial planning incorporates all aspects of your financial life. We hold ongoing conversations about the milestones you foresee for your life – marriage, children, career change, retirement – and we create strategies to help you prepare for every step of the way. The result is a customized blueprint so you can more efficiently build your wealth and surpass your goals and needs.

We work with you to meet a wide range of needs, including:

Budgeting and Saving

We all crave financial independence, and saving money is the key to achieving this. The earlier you get started, the better, especially when it comes to planning for retirement. However, the idea of saving can be overwhelming, especially when it seems as if you’re not saving enough to have an effect or that you don’t have enough money to put away. We can work with you to create a budget that will not only help you start your savings but will also help you meet your other short- and long-term goals.

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Retirement Planning

As you grow older, you’ll probably find your views on retirement planning changing. If you’re a young professional, retirement may seem so far off that planning feels unnecessary, but the earlier you get started, the more likely you’ll be able to enjoy a future life of freedom. Meanwhile, thriving professionals are likely to be thinking more seriously about retirement and want to learn how they can maximize their contributions while minimizing taxes. If you’re close to retirement, you may be seeking reassurance that you’ve saved enough to support the lifestyle you envision. Regardless of where you are in your journey, we work with you to create a customized retirement plan that outlines when you will be able to retire and the income and assets that will support you. As your life changes, your customized plan adjusts to meet your needs.

Investment Management

We at Sherman Wealth Management believe it’s virtually impossible to outperform the market through individual stock selection and market timing.  Your best chance at building wealth through the capital markets is to avoid common mistakes in the beginning and utilize a well-planned, disciplined, long-term approach to investing. The key is a well-diversified, customized portfolio that focuses on tax efficiency, cost effectiveness and risk management.

We customized everything we do at Sherman Wealth Management, and that includes investment portfolios. We create and manage investment models tailored to your goals, timelines and evolving life circumstances. We know that each of our clients is unique, which gives us the opportunity to create individual strategies. In building and managing your portfolio, we consider a range of factors including:

  • Your marital status and plans for children
  • A potential career change or job move
  • Your current financial resources
  • Your projected earning potential over the next five to 10 years
  • Your risk tolerance
  • Your goals and dreams

The result of our financial planning is a portfolio that is designed to meet and evolve with your goals.

Insurance Planning

Insurance is a topic that tends to be avoided, because it’s meant to protect you against what can go wrong in life. We understand that reticence, even as we understand the need for you to protect your family and wealth. Our conflict-free approach means that we don’t sell insurance, but we do work with you to review your existing policies and determine the insurance you need, such as death or disability. If you don’t already have a preferred insurance agent, we can refer you to a range of professionals to create the policy you want and need. That way, you can enjoy peace of mind knowing you’re protected.

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Tax Planning

Many financial planners don’t emphasize tax planning and that can be a costly mistake, as taxes are a significant factor in building wealth. Our tax planning isn’t a one-time service, it’s ongoing. We help you review the tax implications of financial decisions, including the types of retirement plans you can choose and the capital gains you can incur. We work with your accountant to make sure your plan is implemented. By doing this, we help you make and implement informed decisions about your financial well-being that can reduce your tax bill and put more money in your bank account.

Estate Planning

Having an estate plan is an essential part of responsible financial management. Should you become incapacitated, you want someone who you trust to make medical and financial decisions for you. When you pass away, you want to make sure your assets go to your loved ones and charities as you would have wished and in a way that prevents family squabbles. We work with you and your attorney to establish the wills, trusts, medical directives and powers of attorney to help make sure your wishes are carried out while alleviating unnecessary stress on your loved ones.

Sherman Wealth Management does not offer tax or legal advice. Individuals should consult their tax or legal professional regarding their specific circumstances.