Monthly Reports

Along with being a true fiduciary and working in your best interests at all times, LFM offers continuous reporting unique to the financial services industry.

money management reports, financial independence, financial life, monitor financesMost financial planning firms have you sign limited powers of attorney, whereby they take discretionary control of your money and buy and sell on your behalf. Then, you are charged a fee for this discretionary money management and receive quarterly reports. On the contrary, when you hire LFM you hire us to do financial planning, which means that you want more. Thus, each month you will receive a detailed “current status” of some aspect of your financial planning. It may be a projection of what we see as your federal and state tax liability for the current year (and trigger in you or us a recommendation on how to lower them). It may also be a projection of how close you are to real financial independence. Alternatively, it may be a projection of what your estate and your estate taxes will look like at death. In addition, every quarter you will get a status of your investment portfolio. Our goal at LFM is to ensure you the on-going comfort that someone is always watching all aspects of your financial life.

 Month  Report
 January, April, July and October  Portfolio Analysis/Asset Allocation Report: Includes an analysis of investments by time-weighted return, current yield, investment category, ownership, the portfolio as a whole and three-dimensional color-coded pie charts showing asset class allocation
 February and September  Financial Statement: An analysis of assets, liabilities and net worth
 March and August  Estate Analysis or Financial Independence Feasibility
 May and November  Tax Analysis Report: Includes a four-year forecast of projected Federal and State taxes
 June and December  Cash Flow Report: Includes a four-year forecast of income, expenses, taxes, and margin
 Every six months  You receive recommendations on portfolio rebalancing
 *Annual Review  *Prepared at your request, a formal composite of all your reports with opinions on each investment
 *Monthly  *If you have excess cash, you will be advised how to invest it

     *Ranked by average investment portfolio per client (AUM).