Financial Planning/Portfolio Management

Whether your wealth comes from a successful business career or a family legacy, it presents remarkable opportunities and challenges.

 

Wealth management builds on investment management, adding strategies designed to manage liabilities and transfer assets to future generations. A successful plan requires a team of professionals who know and care deeply about each client, using a comprehensive range of integrated financial services and products.

 

At Janney Montgomery Scott, our client commitment is the same today as it always has been; for over 175 years, we’ve made your needs, your goals, our own. The Mangan, Ernst & Rankin Wealth Management Group of Janney Montgomery Scott, LLC combines our wealth of knowledge and the breadth of Janney resources to provide you with strategies designed to help you achieve your preferred future.  
 
1. Identify your goals and resources
We meet with you to discuss your goals, aspirations and resources. Once we understand your values and priorities – what drives your financial decisions – we begin to craft your investment plan.

 

2. Develop, confirm and implement your strategy
From what we have learned, we create a plan that incorporates your investment objectives, time horizon, risk tolerance and income needs. With input from you and other professionals as needed, we recommend and coordinate appropriate asset-allocation strategies, effective investment vehicles and efficient tax and estate-planning strategies. When you are comfortable with our recommendations, we implement your plan.

 

3. Monitor and evaluate your progress
Once your plan is implemented, we will actively review your portfolio, and evaluate its progress towards your goals. Adjustment and rebalancing will be made as changes in your needs or the market dictate, helping to ensure that your asset allocation aligns with your objectives.

 

4. Proactively communicate

We are your financial guides, but it is your comfort and satisfaction that guides our decisions. We will provide you with periodic and relevant updates on the performance and status of your accounts. Our communications with you include on-line access, monthly statements, quarterly reviews, personal visits and an annual tax summary. Most importantly, we want to know that you are comfortable with our choices. And of course, you can contact us at any time.

 

 

THE MER METHODOLOGY

 

Unconventional, distinctive and highly personalized...

The default strategy for 90% of investors today is Asset Allocation. Asset Allocation is an essential investment tool which we embrace. However, we also recognize that there are other innovative methodologies which optimize opportunities today, while working within the client’s risk tolerance levels to grow and preserve wealth. We believe these are the essential elements for an optimized investment portfolio.

 
EQUITY ASSET ALLOCATION:
 
Asset allocation is an essential investment tool and we embrace Nobel Prize-winning Modern Portfolio Theory.   We also recognize that diversification of strategies is equally as important as diversification amongst asset classes. In addition to traditional investment methods, our knowledge base allows us to construct unique principal protected investments as a cushion to market volatility. 
 
FIXED INCOME STRATEGY:
 
The role of bonds in a portfolio is to provide stability, stable income, and to help offset equity risk. We believe that managing the fixed income side of a portfolio should recieve as much attention as the equity side of an allocation.
 
TACTICAL:
 
To take advantage of market volatility, we are constantly analyzing hundreds of potential opportunities.  We refer to these as "timely ideas" which are meant to enhance the overall returns of the portfolio.  Both “Fundamental” and “Technical” analyses are employed to identify entry and exit points. To ensure optimal performance, we engage stop losses and a profit taking discipline where appropriate. 
 
NON-CORRELATED INVESTMENTS: 
 
Non-Correlated investments are assets that are designed to provide performance in both up and down markets, thereby assisting in hedging the potential downside of the portfolio. They are built to mitigate inflation’s impact on a portfolio and act as a counter-balance to equity exposure.  Commodities exposure, Quantitative Strategies, Long/Short Funds and Managed Futures are examples of non-correlated investments.
 
 
AN INVESTOR'S LIFE - THE 4 PRIMARY "ZONES"

 

We are your financial guides, but it is your comfort and satisfaction that guides our decisions. We will provide you with periodic and relevant updates on the performance and status of your accounts. Our communications with you include on-line access, monthly statements, quarterly reviews, personal visits and an annual tax summary. Most importantly, we want to know that you are comfortable with our choices. And of course, you can contact us at any time.
 we will be ready with alternatives in order to continue to serve as your sole trusted advisor.

Every investor has unique and varying needs based on where they are in their life. We categorize these as the 4 Primary Zones of an investor’s life. These Zones include many important life events – and where the investor is in their life also dictates their time horizons and impacts their risk tolerance. That is why it is crucial to have a unique Plan that is flexible and in tune with changes in an investor’s life.

Our experience, expertise and unique planning process enables MER to successfully guide investors through each of these Zones, from the Accumulation phase through generational wealth transfer, thus helping to preserve their legacy.

Accumulation:  Career advancement – income growth 

  •  Home buying
  •  Potential second home purchase  
  •  Insurance needs expanding
  •  Saving for children’s education  
  •  Wealth accumulation via savings and investments  
  •  Parents aging – begin Legacy Planning   
  •  Starting a business
  •  Retirement Plan design and implementation for Business Owners

Countdown:  3-5 years from retirement – shifting focus

  • Moving towards retirement – in the Countdown Zone  
  • Change in investment methodology/risk
  • Tax efficient income planning  
  • Greater focus on securing assets/wealth preservation  
  • Establishment of income stream
  • Rollover of employer based retirement plans
  • Business succession planning 

Distribution:  Concerns about wealth preservation & long-term health care

  • Securing streams of income     
  • Considering selling home to downsize/relocate
  • Wealth preservation      
  • Focus on tax efficient income streams
  • Business sold     
  • Retirement, with potential part-time employment 

  
Legacy Planning:  Tax advantaged generational wealth transfer 

  • Basic Planning      
  • IRA and beneficiary planning – designations 
  • Multi-generational IRA planning     
  • Gifting and Giving     
  • Surviving Spouse Planning     
  • Helping your grandchildren

 

 Below: Jim, Dave & Clark ringing the opening bell at the Philadelphia Stock Exchange