Our Purpose
What We Do
While we offer retirement planning, business services, estate and tax planning, education funding strategies, investment management, and insurance products, none of these are “what we do”. At Baystate Financial, our purpose is to assist individuals, families, and businesses in achieving financial independence by serving as their true partner every step of the way.
Plan,
Grow,
Protect.
Plan
Financial planning means many things to many people. At Baystate Financial, financial planning provides direction and clarity to your financial decisions. By viewing each financial decision as a part of a wider strategy, we help you to consider the short and long-term effects of today’s choices on your future financial goals.
The Financial Planning Process
The process of financial planning begins with a conversation, helping you articulate the things that are important to you. With this information in hand, your team at Baystate Financial develops a roadmap designed to achieve your financial goals. For some, that may include providing for your own future or passing along your wealth to the next generation. For others, it might be thinking about how your family would manage without your income should you fall ill or die prematurely. Strategic financial planning brings together all these elements in one cohesive plan.
Regular communication with your advisor ensures that your plan changes as your life does; whether you’re getting married, having a baby, experiencing a death in the family, saving for college, building your dream home, or investing newfound wealth, we help manage every element of your financial strategy to meet your goals against an ever-changing backdrop.
Our Process
1. Discovery Meeting
Understand your unique goals and objectives.
2. Data Gathering
Gather your data to develop your personal plan.
3. Analyze and Develop the Plan
Analyze the data and develop solutions.
4. Plan Presentation
Review and discuss recommended strategies.
5. Plan Implementation
Implement plan recommendations.
6. Plan Monitor and Update
Monitor your plan and update periodically.
Grow
One of the important parts of planning for your financial future involves making educated decisions about managing your savings in order to grow your wealth.
For those who start financial planning at a younger age where there may be more appetite for risk, our advisors will guide you accordingly. As you near retirement, protecting your assets becomes more important as the runway for recovery in the market decreases, encouraging a more conservative approach. Wherever you are in life, you can count on your advisor to be your trusted partner in presenting and assessing opportunities and risks in growing your wealth.
Protect
Protecting all you’ve accumulated is a core part of your financial journey. In addition to planning long-term and investing your wealth appropriately, ensuring that you have the right insurance protection for your assets is critical.
Your Baystate Financial advisor will assist in analyzing your needs, identifying appropriate coverage, recommending solutions from a wide array of reputable carriers, implementing your decisions, and reviewing your policies on a consistent basis to adjust as necessary.
