Our Innovative Services For Professional Advisors
At Good Financial Group, we have developed relationships with many other professional advisors in the Greater New Orleans and Baton Rouge communities. Developing long-term strategic relationships with our clients’ advisors is key to our team approach. These advisors may include accountants, attorneys, investment advisors, business and real estate valuation professionals, and business succession specialists, among others.
Our planning process involves working closely with our clients’ advisors so their plans are professionally integrated and implemented. If our clients are not already working with an advisor, we are happy to refer them to professionals we work with. We try to make sure there is a good fit when making referrals to others.
Good Financial Group helps foster and maintain strategic partnerships with other advisors because we serve as an independent, confidential resource to address their clients’ financial planning needs. Services can be provided behind the scenes through your firm, or via direct client interface on a case-by-case basis. Simply put, our goal is to add to your credibility and enhance the relationship you have with your clients.
Several of the processes and services we provide to other advisors include:
Fee-based, forensic review and analysis of life insurance contracts, illustrations and pricing decisions
Evaluation of insurance company strength and performance
Fee-based, insurance policy monitoring and management so that policy performance and benefits remain on track and continue to meet the client’s objectives
Identification of life settlement opportunities and their probable costs, utilizing the only FINRA approved process available
Second opinion underwriting consulting to help avoid the risk of being denied coverage or the surprise of receiving an offer that is tens of thousands or even hundreds of thousands of dollars higher than expected in premium costs
Private briefings for attorneys and accountants on industry issues, practices, and good financial group’s proprietary processes.
Attorneys and Law Firms
When developing and implementing complex financial, tax and legacy strategies for clients, we place high importance in coordinating our efforts with their legal advisors to provide insight during the execution of legal documents. We proactively involve their legal advisors in our process of developing and implementing planning strategies for clients such as:
Estate Planning including inter-generational issues
Business Succession Planning
Life Insurance and other Risk Management Planning techniques
Asset Protection Strategies
Income, Estate and Gift Tax Planning
Special Needs and Elder Care/Long Term Care planning
Charitable Planning Strategies
CPAs and Accounting Firms
Many of our planning strategies include tax-sensitive issues. As a result, we place high importance on coordinating our efforts with accounting advisors to provide insight into areas impacting clients’ retirement, financial, business and estate planning issues.
Through our many years of partnering with CPAs, we understand the importance of objectivity, confidentiality, transparency and competency for the engagement in our working relationship. As a result, we are regularly called upon by accountants to provide resources and technical support. Our practice is to proactively involve accounting advisors in the process of developing and implementing strategies for clients. These areas may involve:
Personal Income Tax Planning
Business/Corporate Income Tax Planning
Sale or Purchase of a Closely-held Business including Business Valuation
Business Succession Planning
Estate Tax and Liquidity Planning
Life Insurance Tax Issues
Complex Insurance Structures
Buy-Sell and Planning Operating Agreements
Employee Benefits consulting
