WEA LT H M A N A G E M E N T
DO YOUNEED A FINANCIAL PLAN?
Even if you have limited resources, a financial plan is an invaluable
tool to help you plan for the future. Learn more about the elements
of a financial plan, and then contact your Financial Advisor to
work on creating one.
with you as you grow older and your priorities shift. Marriage,
children and career changes all impact your goals and your
financial situation. That’s why it is recommended that you
revisit your plan at least once a year. A well-thought-out plan
can help you define and articulate your goals, and provide the
framework for achieving them. So get started today.
Ami Forte is Managing Director-Wealth Management/Wealth
Advisor of The Forte Group at Morgan Stanley located at 4114
Woodlands Parkway, Suite 200, Palm Harbor, FL 34685 and may be
reached at 727-773-4610 or ami.forte@morganstanley.com. or visit
our website:www.morganstanleyfa.com/thefortegroup/Ami has been
featured in publications such as Business Week and The Dow Jones
Newswire.
WHO NEEDS A FINANCIAL PLAN? THE SHORT
answer is everyone. Even if you have limited
resources, a plan can be a critical tool toward achieving
your long-term financial goals.
At its simplest, a financial plan is a document that presents
your long-term financial goals and maps out the investment
strategies to achieve them. According to the 2013 Household
Financial Planning Survey, there is a positive relationship
between the degree of planning and financial preparedness.
People who engage in financial planning were more confident
in their ability to make financial decisions and were more
pleased with their progress in meeting their savings goals.
Defining Your Goals
Perhaps the most important task in any financial plan is
determining the goals that will drive your investing strategy.
Income needs in retirement will likely be paramount, but
other possibilities may include buying a vacation home,
financing your children’s college education or maintaining a
particular lifestyle in retirement. Your Financial Advisor can
help you define and quantify these and other goals.
Mapping a Strategy
Based on your goals, time frame and risk appetite, your
Financial Advisor will develop a plan with savings, asset
allocation and investment recommendations. Among the
questions you will likely answer in preparation are whether
you are an aggressive or risk-averse investor, or if your
immediate need is for growth or income.
Beyond Investing
In addition to mapping out an investment strategy, a financial
plan also considers the full spectrum of your financial needs,
including insurance, estate planning and debt situation. Any
of these elements can have a bearing on your investing strategy,
as well as your ability to meet your long-term goals.
Finally, a financial plan is an organic document. It changes
PAID FOR ADVERTISEMENT
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Jim Streitmatter, Senior Vice President, Financial Advisor;
Chuck Lawrence, Vice President, Financial Advisor;
Ami K. Forte, Managing Director, Wealth Advisor;
Evan P. Forte, CRPS©, Financial Advisor
If you’d like to learn more, please contact Ami Forte.
Article by Wealth Management Systems, Inc. and provided courtesy of Morgan Stanley Financial Advisor.
The author(s) are not employees of Morgan Stanley Smith Barney LLC ("Morgan Stanley"). The opinions expressed by the authors are solely their own and do not necessarily reflect those of Morgan Stanley. The information and data in the article or
publication has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Neither the
information provided nor any opinion expressed constitutes a solicitation by Morgan Stanley with respect to the purchase or sale of any security, investment, strategy or product that may be mentioned.
Morgan Stanley Financial Advisor(s) engaged Tampa Bay Magazine to feature this article.
Ami Forte may only transact business in states where she is registered or excluded or exempted from registration www.morganstanleyfa.com/thefortegroup/. Transacting business, follow-up and individualized responses involving either effecting or
attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Ami Forte is not registered or excluded or exempt from registration.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Smith Barney Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving
taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Please be advised by clicking on a third party URL or hyperlink, you will leave morganstanley.com. Morgan Stanley Smith Barney LLC is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being
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completeness.
© 2015 Morgan Stanley Smith Barney LLC. Member SIPC.
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