Simplify Your Life With Personal Finance Management
Personal Finance Management service is available for those who wish to utilize our expertise to assume management of their personal assets along with all of the financial responsibilities including bill payments, banking and all other personal financial burdens.
Retirement & Financial Planning
Planning for your retirement has to begin many years in advance. In order to have a financially successful retirement, all you need to do is to ensure that your expenses are less than your retirement income. Sounds simple, isn’t it? The fact is, it take a lot of careful planning, and -in most cases -a lot of hard work to reach that goal.
What Is Financial Business Consulting?
- Financial business consulting involves advising companies on how to improve their financial health, performance, and strategy.
- Consultants analyze financial data to offer insights on budgeting, forecasting, risk management, and profitability.
- They often help with cost reduction, investment decisions, and growth planning tailored to business goals.
- These services support smarter decision-making and help businesses optimize operations and increase value.
Independent Financial Planning You Can Trust
First, let’s be clear: We do not sell financial services. This allows us to be completely objective and independent in analyzing your situation. We will work with your financial adviser, or, if you do not have one, will recommend you to a firm that we have complete confidence in to execute the Personal Financing plan. We do not accept commissions or fees for these referrals.
This program can be set up for the duration of your choice.
- Wealth and Estate Planning
- Asset Management
- Bill Payments
- Income Collection
- Management of taxable and tax-exempt income
- Estate and Trust Account Management
- Personal Banking and Reporting
- Principal & Income statements
- IRS Representation
- Personal banking / Daily Money Management Organization of bills & invoices, including scheduling timely payments and preparation of checks and wire transfers for client’s signature
- Reconciliation of bank and other financial accounts
- Receipt verification of all income sources
- Making timely bank deposits
- Auditing credit card statements and other statements for accuracy
- Communication with family members or professionals, such as lawyers, bank officers, or financial advisers
- Tracking financial activity
- Reviewing wills
- Planning for education and retirement needs
- Business succession planning, valuations and buy-sell agreements
- Preparation of estate and gift tax returns
- Full Tax Reporting & Planning
- Fiduciary Income Tax Returns
- Developing insurance and gifting strategies
- Personal Financial Statements
- Setting up trusts, such as revocable and irrevocable trusts and special-needs trusts
- Provide instruction to those who have interest in managing their household finances independently or more efficiently
- Sorting and reviewing mail
- Organizing files and paperwork. Maintaining organizational systems for easy information retrieval
- Prepare financial records for use in tax returns or estate planning
- Preparation of cash flow, investment and activity reports
- Troubleshooting account discrepancies with banking & credit institutions
- Preparation of computer records to track your spending and to assist in the filing of income tax returns
Personalized Financial Management Services For Individuals And Families
At Doherty & Associates, we take pride in providing expert, individualized financial management services to help people and families take charge of their financial future. This could include anything from budgeting daily expenses to planning for retirement to organizing a complicated estate plan. Our staff can assist you in making financial decisions that are clearer and more confident.
We handle every aspect of personal finance so you can concentrate on the things that really count. We serve as your virtual CFO, handling everything from income collection and bill payment to personalized financial reporting and strategic tax preparation, so you can benefit from all the experience without having to pay for an internal staff. Our services are available to everyone, but they are particularly helpful for high-net-worth families, retirees, trustees, busy professionals, and anyone managing several accounts or sources of income.
Our customized approach to financial management aims to fit your objectives and stage of life. Preparing personal financial statements, managing income and expenses, coordinating bill payments and banking, planning for estates, trusts, and gifts, coordinating with trustees, attorneys, and investment advisors, and long-term financial planning and goal-setting are all topics we cover.
Earn More Money
We want to help you grow your money, not just keep track of it! By optimizing your income, reducing taxes, and making prudent future plans, our financial management services are intended to help you make more money. When it comes to tax season, we take the initiative and plan ahead to find areas where we can save money. This could involve making the most of deductions, planning for capital gains and estate taxes, or effectively structuring your income. We want to make sure you keep more of your earnings! Additionally, we are able to prepare and file gift tax returns, fiduciary income tax reports, and personal tax returns.
In order to match your objectives with your portfolio, we can also assist you in locating an investment advisor. Planning your investment timeline, maximizing your assets, and evaluating risk can all be aided by long-term forecasting and performance evaluations.
Our long-term planning services can assist you at any point in your life. We have clients who are planning their retirement and estate transfer, as well as clients who are creating education savings accounts for their kids. This is where generational wealth begins. We can assist in setting up tax-efficient giving if your family’s financial plans include giving, whether you’re managing several trusts, leaving a charitable legacy, or helping a loved one. While your responsibilities remain structured, we can assist you in making the most of your generosity.
Additionally, we can work with any family members, CPAs, or financial advisors who may be involved in your finances. When your personal finances are well-managed and professionally tracked, you can rest easy! Do you own a business? We can also assist with business forecasting and budgeting services!
Keep Track Of Your Personal Finance
Knowing where your money is going is one of the most crucial aspects of good financial management. You can keep an eye on and manage all aspects of your finances with the aid of our tools. We can assist you in developing realistic, personalized budgets that fit your long-term objectives, lifestyle, and spending patterns. You may wish to put money aside for college tuition or travel, or you may simply wish to better control your household spending. We can assist you in identifying areas for savings and preventing overspending.
We can automate and monitor these tasks while keeping records for you to refer to later because managing numerous bank accounts and credit cards can be a headache. Say farewell to missed payments and late fees!
Simple reports like your balance sheet, income summaries, and categorized spending are provided by the Doherty & Associates team. This enables you to better plan for future needs by examining your cash flow each month. You’ll always be aware of your current situation thanks to our simple reporting. Learn more about our financial performance analysis services.
Contact Doherty & Associates Today
We understand that life is hectic and that finding the time for financial management services can be challenging. Our simplified, easy-to-use procedure is made to accommodate your hectic schedule. Give us a call so we can discuss your present financial needs and worries in brief. We can discuss your objectives and outline the ways in which our financial management services can support you.
After we have a clear understanding of your objectives, we can begin setting up the required workflows and tools, such as spending alerts, banking procedures, dashboards for reporting, and budgeting systems. You’ll soon begin to feel less overwhelmed and more in control. We’ll keep a close eye on your money, send out monthly or quarterly reports, and highlight any irregularities. Maintaining the relevance and efficacy of your financial plans requires regular reviews.
We take the time to thoroughly examine your finances once a year. This will allow us to assess how well your goals are being met and suggest changes that will increase your income and enhance your long-term financial stability.
Our expertise in personal finance, tax planning, and financial management spans several decades. Everything is simplified for you and managed under one roof with our full-service support. Our objective consulting is supported by innumerable glowing client testimonials. We truly want to improve your financial circumstances, not just sell financial products. Our staff in Delaware is courteous and quick to respond. Because of the outcomes we deliver, we have gained the trust of clients across the country.
Contact our financial management team today if you’re prepared to take charge and begin handling your money. You can contact us by phone or by completing our online form. Today, we can assist you in creating the future you desire for your business.