Individuals in Transition

 | wealth management

Rebecca became a client of Boston Financial Management not long after her divorce. She had received a large settlement but did not know how to invest it. Her husband had always handled their finances and she needed help.

How Boston Financial Management Helped:

The team quickly organized a meeting with Rebecca to listen to her current needs, goals, and objectives. In doing so, Boston Financial Management was able to do the following:

  • Educate Rebecca about each of her accounts, so she was fully informed about her financial picture and the different types of accounts in which her money was invested in
  • Determine her risk profile and build an asset allocation that was appropriate for her financial situation
  • Encourage Rebecca to create a budget, so the team at BFM could create a cash flow analysis that demonstrated how well her money could support her lifestyle 

The most important aspect of working with Rebecca was ensuring that she was informed of the process every step of the way, to bring understanding to a complex financial situation she had not had to deal with in the past. Over time, Rebecca became more confident and empowered as she took control of her finances and understood the complexities of her wealth.

Names and identifying details in this client story have been changed to protect client confidentiality. This client story does not contain any legal or tax advice. You should always consult with your attorney, accountant or other professional advisors before changing or implementing any tax, investment or estate planning strategy. 

IRS Circular 230 Disclosure: Pursuant to IRS Regulations, we inform you that any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding tax related penalties or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.