All solutions are fully customized for each client. Cost for professional services varies upon the scope of service required. Meetings are complimentary with no commitment necessary.
Professional portfolio management is the backbone of what we do here at Millennial Money Management. For each client, we create a detailed investment plan that we then use to construct a portfolio that is congruent with each investor’s particular requirements. This plan typically includes a full assessment of the client’s risk tolerance, time horizon, income, tax level, and personal goals. Every investing client has 24/7 online access to their portfolio, including sophisticated technology offered through our broker, Shareholders Service Group. It is critical to us that all clients have the same opportunity to invest, regardless of account size. That’s why we require no account minimums and have specifically partnered with a broker that doesn’t either.
We service a variety of account types for businesses and individuals including; Private and Joint Retail Accounts, Traditional IRA, Roth IRA, 529 College Savings Plans, 401(k), 403(b), and more.
Consultation is typically provided to clients with employee sponsored 401(k) accounts, and other self-directed or employee sponsored investment plans. Millennial Money considers a client’s current investment portfolio and critiques it using the same methods of analysis that it uses for its management clients. These methods include: tactical allocation, diversification, time horizon consideration, risk exposure, and personal goals. Upon consideration we issue a formal opinion on a client’s current portfolio and offer alternative investment strategies, if necessary.
Financial planning is a fundamental part of proper money management. Our service thoroughly examines a client’s current financial situation as well as their outlook through retirement. We then tailor a comprehensive plan with clearly defined action points to help reduce complexity and deliver measurable results in the future. Plans typically include a current budget analysis, tax and insurance consideration, social security and medicare recommendations, and, investment or debt consultation.
Budgeting analysis takes an in-depth look at a client’s immediate financial situation. We carefully critique a client’s saving and spending habits in order to diagnose financial areas of concern and offer prescriptive suggestions as necessary. Suggestions may include investment planning, credit/debt management or refinancing, paycheck disbursement strategies, etc.
Student Loan Consultation
This service aims to provide affordable consultation to all questions and inquiries related to educational financing in today’s increasingly expensive landscape. As a millennial with years of experience dealing with the collegiate financial aid system, we understand the FAFSA system, the financial options associated with managing student loans, and can provide servicing pre-, during-, and post- education. Service may also include educational investment planning.