Mike Bonacorsi LLC provides a breadth of
financial services for its clients
COMPREHENSIVE FINANCIAL PLANNING
All financial plans are constructed personally by Mike Bonacorsi, Certified Financial Planner™ professional.
Comprehensive financial planning is a process that starts by identifying your financial goals and addressing any concerns. Next we review your needs and set timelines based upon your unique situation. Then we develop strategies aligned with those goals according to your strengths and weaknesses. The process continues with quarterly reviews that monitor your plan, making adjustments as your situation warrants. Our comprehensive financial plan includes any of the following areas:
Cash Flow and Budgeting – Compare income sources and monthly expenses then identify items for review and recommend adjustments.
Asset Allocation – Determine the proper types of investments based upon your needs, desired degree of safety, and time horizon.
Income Planning – Review with the goal of helping your create streams of reliable income.
Tax Planning – Implement strategies with the goal of managing, distributing, and eventually transferring your assets while reducing taxes.
Estate Analysis – Review your estate with the goal that you can leave what you want, to whom you want, when you want, with minimum taxes and maximum control. Includes asset transfer, taxes, gifting, and wealth replacement strategies.
MODULAR FINANCIAL PLANNING
For those clients who do not require a comprehensive plan, the same services are offered on an “a la carte” basis. The best option for your situation is determined and agreed to in advance during your complimentary initial consultation with Mike Bonacorsi LLC.
ASSET MANAGEMENT THROUGH LPL FINANCIAL
We offer two different alternatives for managing your assets: Strategic Asset Management (SAM) Program – For clients who desire more control over specific holdings in their portfolio, Mike Bonacorsi works directly with you and manages your account personally. This includes the ability to access mutual funds, stocks, bonds, and alternative investments, both discretionary* & non-discretionary**, to be determined during asset allocation process.
We also offer third party, professionally managed account services, where outside money managers are selected according to the specific objectives agreed upon by you and Mike. These may include: Strategy Based Models, Mutual Funds, Separate Managed Accounts, or ETFs. This service is always offered on a discretionary basis.
* Discretionary Accounts – Changes in your portfolio are made without prior authorization by you. Confirmations are sent after the fact to inform you of each transaction in your account.
** Non-Discretionary Accounts – No changes are made to your account without your specific authorization, usually by phone. Confirmations are then sent to you after each transaction.
LIFE INSURANCE
We use life insurance to provide resources for estate liquidity as well as assets to your beneficiaries, including Long Term Care (referred to one of our associates).
While we do not provide legal advice, legal documents, or tax preparation, we are available to work with your current attorney and/or accountant. If you would like a reference, we have relationships with professionals in the area.
To receive our unbiased opinion about your personal financial position and retirement, we invite you to contact us today by calling 603.769.3112 (9-5 EST)!
