Our Approach

We help clients achieve clarity, confidence and structure through our six step process, learn more about each step below. Throughout the entire process we address each of the 10 critical wealth management concepts helping clients to uncover any financial blind spots.

We Begin by Listening to You

We bring our collective education and experience to each client relationship. We direct our energy, passion and expertise to the process of helping our clients succeed personally and financially.

Scheduled Service and Review Review and Evaluate Advice and implementation Analysis and Plan Comprehensive Financial Overview Getting To Know You

Wealth Management Services

FAMILY FINANCIAL OVERVIEW

  • Clarify family values, goals and objectives
  • Assemble consolidated
    financial statements
  • Identify and triage immediate
    financial priorities
  • Create financial organizational binder

DEVELOP A PLAN

  • Define an ideal and acceptable lifestyle
  • Identify sources of income
  • Optimize spending and saving priorities
  • Implement Envision® plan and
    financial strategy action plan

WEALTH AND INVESTMENT
MANAGEMENT

  • Executive summary portfolio review
  • Customized portfolio solutions
  • Third party investment
    management services
  • Customized portfolio solutions

LIABILITY MANAGEMENT 1.

  • Liability analysis and optimization
  • Through Wells Fargo affiliates, you have access to banking services, including:
    • Securities-based lines of credit
    • Residential mortgages
    • Home equity financing
    • Small-business financing
    • Credit cards

RETIREMENT PLANS
AND COMPANY BENEFITS

  • Retirement plan analysis and coordination
  • Executive stock compensation strategies
  • Managing and understanding
    corporate benefits
  • Concentrated equity strategies

RETIREMENT INCOME PLANNING

  • Design tax efficient streams of income
  • Incorporate life cycle spending strategies
  • Administer required
    minimum distributions
  • Develop Social Security and Medicare planning strategies

INSURANCE AND
ASSET PROTECTION 2.

  • Policy reviews and needs analysis
  • Life and disability insurance
  • Extended care planning
  • Wealth replacement strategies

LEGACY PLANNING
AND PHILANTHROPY 3.

  • Beneficiary and account titling review
  • Estate and wealth transfer strategies
  • Philanthropic and gifting techniques
  • Donor advised funds

ADVANCED PLANNING

  • Business succession planning
  • Intergenerational planning
  • Life management services
  • Education planning

COORDINATION WITH
CPA AND ATTORNEY 4.

  • Collaborative meetings
  • Open and proactive communication
  • Legacy document and tax return reviews
  • Tax control strategies

“The greatest risk to a client's well-being is deviating from a long-term plan in search of short-term comfort during times of temporary unease. Our planning process and the education we provide help replace the stress often felt during times of uncertainty with confidence.”

said byTony Parr

IMPORTANT DISCLOSURES

  1. Lending and other banking services available through Wells Fargo Advisors (NMLS UI 2234) are offered by banking and non-banking subsidiaries of Wells Fargo & Company, including, but not limited to Wells Fargo Bank, N.A. (NMLSR ID 399801), Member FDIC, and Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A. Certain restrictions apply. Programs, rates, terms, and conditions are subject to change without advance notice. Products are not available in all states. Wells Fargo Advisors is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and the Arizona Department of Financial Institutions (NMLS ID 0906158). Wells Fargo Clearing Services, LLC, holds a residential mortgage broker license in Georgia and is licensed as a residential mortgage broker (license number MB2234) in Massachusetts.↩
  2. Insurance products are offered through nonbank insurance agency affiliates of Wells Fargo & Company and are underwritten by unaffiliated insurance companies. This is not, in any way, intended as an invitation to replace your existing coverage. Such an exchange is often not appropriate due to such factors as surrender charges on your existing policy, the surrender charge period on the new policy, transaction costs associated with the exchange, the values of the new policy versus the old policy,and the various fees and expenses associated with the new product. Therefore, replacing an existing policy should only be considered after a careful evaluation of these factors as well as a thorough review of your existing coverage. ↩
  3. WEALTH MANAGEMENT SERVICES AVAILABLE THROUGH WELLS FARGO BANK,N.A. Through Wells Fargo Private Bank and other Wells Fargo affiliates, we can provide you with access to specialists who can offer a full range of wealth management solutions to help address your complex financial and wealth planning situations. Brokerage services are offered through Wells Fargo Advisors. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company’ The Parr McKnight Wealth Management Group is a separate entity from Wells Fargo Financial Advisors Network, LLC. Wells Fargo Bank, N.A. offers various advisory and fiduciary products and services including discretionary portfolio management. Wells Fargo affiliates, including Financial Advisors of Wells Fargo Advisors, a separate non-bank affiliate, may be paid an ongoing or one-time referral fee in relation to clients referred to the bank. The bank is responsible for the day-to-day management of the account and for providing investment advice, investment management services and wealth management services to clients. The role of the Financial Advisor with respect to Bank products and services is limited to referral and relationship management services.↩
  4. The Parr McKnight Wealth Management Group, Wells Fargo Advisors Financial Network and its affiliates are not legal or tax advisors. Trust services available through banking and trust affiliates in addition to nonaffiliated companies of Wells Fargo Advisors Financial Network. Any estate plan should be prepared and reviewed by an attorney who specializes in estate planning and is licensed to practice law in your state.↩

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