wealth Management services
Bird Wealth Management provides comprehensive, ongoing wealth management services. We start with a consultative meeting to help us understand our clients' values, relationships, investment resources and goals, interests and other advisors. With this knowledge as a beginning foundation, we provide comprehensive wealth management services to our clients in the following ways:
Comprehensive
Investment Consulting We review your current investment portfolio and analyze historical performance; help identify your priorities and investment goals; develop and regularly review an investment policy statement that is personalized and takes into account your investment resources and goals, time horizon, and capacity for and tolerance of risk; design an investment plan, and oversee and monitor portfolio investments. We can help you lower your investment costs, eliminate unnecessary risk, minimize taxes, and generate current income if necessary. Link to our Asset Management section in this website for more information on our investment services.
We do not have discretionary control over or custody of any client funds. We are a Registered Investment Advisor located in Minneapolis, Minnesota.
Income Tax Planning We review at least the previous two years' tax returns; analyze your current and projected income tax exposure; make recommendations on income tax savings strategies; review business entities and recommend strategies to minimize taxes; assess and/or set up tax deferred retirement and benefit plans; review and recommend tax deferred education saving planning; and consider other special planning opportunities.
Estate Planning We work with you to identify your wealth transfer preferences and goals; review existing estate planning documents (including wills, trusts, powers of attorney, and health care directives) and update if necesary to minimize taxes and achieve goals; for our business owner clients, review your current business succession plan and update if necessary to provide for business succession and liquidity needs; follow up on funding of trusts and correct titling of assets; and consider special planning opportunities specific to your situation and needs.
Risk Management Planning We assess and quantify the risks you face in all areas of your life: health, disability, long-term care, life, home and personal liability, property and casualty; and review your current coverage and make recommendations for updating coverage limits and deductibles if necessary.
Ongoing
Bird Wealth Management provides ongoing wealth management services. We continue our work with you by monitoring your investment portfolio and the implementation of our planning recommendations, as well as helping you respond to changing tax laws and economic circumstances. We work wtih you on an ongoing basis in the following ways:
Monitoring the Implementation of recommendations for income tax planning, investment planning, estate planning, business succession planning, and risk management;
Meeting on a Regular Basis to review investments and planning work;
Developing new opportunities as circumstances and tax laws change.
