Northeast Risk Management Group Inc

Planning for the peaks and valleys of life.

Financial planner in Farmingdale, NY (show on map)

5.0

★★★★★

12 reviews

Purpose-driven company advancing financial health for bold pursuits.

Call (516) 586-6227

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About

Northeast Financial Planning is a purpose-driven company dedicated to advancing clients' financial health so they can focus on their life's purpose. The firm provides comprehensive financial planning services including wealth management, estate planning and charitable giving, retirement planning, risk management and insurance, business planning, senior lifestyle planning, tax planning, and education savings.

Their mission is to drive financial outcomes beyond mere investment returns, enabling clients to allocate their energy towards greater pursuits. The firm emphasizes personalized, client-centric planning with a focus on holistic financial health and long-term stability.

Purpose-Driven Mission

Holistic Financial Health Focus

Family Tradition of Community Service

Comprehensive Service Suite

Services

Wealth Management

Align Your Portfolio to Your Life Goals. Whether you’re planning your legacy, retiring or investing for your children’s education fiduciary advisors will align your portfolio to your life goals.

Disciplined Methodologies Empirical Approach Emotional Guidance

Estate Planning and Charitable Giving

Believe it or not, you have an estate. In fact, nearly everyone does. Your estate consists of everything you own: your car, home, other real estate, checking and savings accounts, investments, life insurance, furniture, personal possessions. What is an Estate Plan? An estate plan is a collection of documents that protect your assets and personal property (your “estate”) and explains how you want to pass them down.

Wills Living Will Health Care Proxy Durable Power of Attorney Trusts (GRATS, Living, Irrevocable, Supplemental Needs, Family, etc.) Irrevocable Life Insurance Trusts (ILIT) Guardians for Minor Children Charitable Giving and Trusts

Retirement Planning

Your retirement plan matters. Done right, it can set you up to enjoy a retirement without financial worry. Done wrong or not done at all and you may find yourself in a less comfortable situation.

Detailed Review of Current Assets Determining Realistic Goals Time Horizon Assessment Risk Tolerance Analysis Managing Expectations Education on Social Security, Medicare, IRAs, Employer-Sponsored Plans, RMDs, Beneficiary Designations, Self-Employed Retirement Plans

Risk Management and Insurance

We focus on helping you protect your well being – and that may mean helping you insulate yourself from certain risks. A good insurance strategy needs to be coordinated with your overall wealth management plan. Our objective is to ensure that you are comfortable with the level of risk you are taking in pursuit of your goals.

Disability Insurance Long-Term Care Insurance Life Insurance Health Insurance Homeowners Insurance Coordination with Financial Plan

Senior Lifestyle Planning

How long-term care planning can help your loved ones. Making plans for your care later in life is a valuable gift you can give your family.

Medicaid Planning Long-Term Care Insurance Family Meetings Asset Assessment Policy Evaluation

Tax Planning

Taxes are the most important drag on investment return, even greater than inflation, transaction costs or management fees. Studies performed ten to fifteen years ago showed that taxes reduced returns by an average of one to three percentage points. Recent tax increases should increase these percentages significantly, making it more important than ever to manage tax drag.

Traditional IRA and Roth IRA Planning Qualified Retirement Plan Distributions Capital Gains and Losses Management Bond Income Optimization Dividend Income Strategies Stock Option Transaction Tax Planning Charitable Planning Specialized Investment Transaction Taxation Tactical Tax Planning Trusts and Estates Taxation 1031 Real Estate Transfers