Committed to Your Success
We are dedicated to helping you achieve your financial goals, offering a partnership that goes beyond just advice.
Expertise Across Financial Domains
Our team brings a wealth of experience in various financial areas, ensuring you receive comprehensive guidance tailored to your unique needs.
Our Services
Retirement and Financial Goal Planning
According to research from the Alliance for Lifetime Income, more than half of Americans who are approaching the age of 65 are "almost certain" to outlive their retirement savings!!
How have you determined how much you need to accumulate in your unique situation to ensure a comfortable retirement on your terms?
Retirement should be a time of joy, fulfillment, and peace of mind. But achieving that secure retirement doesn't happen by chance; it requires strategic planning and expert guidance. That's where we come in. At Young Financial Associates, our mission is to help you pave the way for a retirement that's everything you've dreamed of and more.
Business Continuation & Succession Planning
Many closely held businesses are shockingly unprepared for crises involving their key employees, who often hold partial ownership. This vulnerability can have a profound impact on the company's ongoing operations and threaten the significant wealth these employees have invested and accumulated in the business.
For Example: In some states, personal bankruptcy of one of the owners can lead to the liquidation of a business, where a bankruptcy trustee sells its assets to pay off the owner's debts. Are you aware of the potential risks this poses to your business? Plus this is only one of many scenarios you could be exposed to.
Estate Planning
Estate planning is important for anyone, regardless of their age or net worth.
It can help eliminate unnecessary tension between family members and avoid the need for court involvement in decision-making.
For Example: If you have already met the Gift-Tax Basic Exclusion Limit and you want to leave your grandchild $1 Million Dollars, how much would you owe in Gift Tax? You will have to pay out $800,000 in Gift Tax while your grandchild will only receive $200,000 of the million you intended on gifting. How would you feel about that?
Estate planning provides strategic strategies based on your unique situation to be more efficient with gifting to avoid paying unnecessary taxes and etc.
Risk management is the process of identifying, evaluating, and eliminating or reducing potential financial risks to you and your family. How will you be impacted if you’re not as adequately protected as well as you think in your unique situation?
Insurance decisions are rarely thought out or well planned which leaves exposure for a financial tragedy.
Former Retirement Account Rollovers
Have old 401(k) or 403(b) accounts scattered around? Concerned about market volatility? We specialize in rolling over old 401(k)s & 403(b)s into tailored retirement plans that protect your hard-earned assets from market risks. Consolidate your accounts for greater control and peace of mind.
Financial Education and Consultation
At Young Financial Associates, your financial well-being is our top priority. We're here to empower you with knowledge, guide you toward financial literacy, and support you in making decisions that shape your future. Let's embark on this journey together, where your choices are informed and your financial goals are within reach. Contact us today to start building your brighter financial future.
And a lot more!
TESTIMONIALS
What others are saying
"I sleep better at night knowing. . ."
"I was always stressed about money and never really knew where I stood financially. Then I met Jerry with Young Financial Associates.This guy is a wizard with numbers. . ." - Angela
"Buy Sell Agreement?. . ."
"I recently worked with this financial guy Jerry, who blew my mind with the possibilities. He crafted an agreement that covered scenarios I hadn't even imagined. . . " - Brian
"No more anxiety about running out of money. . ."
"Retirement planning doesn't have to be guess work. I recently discovered a game changing approach from Young Financial Associates that takes the uncertainty out of planning. Their incredible method helps determine the exact income needed for my dream retirement lifestyle down to the dollar. . ." - Debra
How does your advisor help you to determine the appropriate (…income...lifestyle structure...amount of assets you will need…) for your retirement?
"Girl's Trip?"
"Fast forward to today, and Jerry's not just some random guy I met on vacation. He's my financial concierge. . ." - Lisa
How Has Your Advisor Work With You to Determine Well-Defined Objectives? If Your Advisor Hasn't . . . . We Need to Have A Conversation.
In Order To Put Your Money To Work For You Effectively, Your Advisor Needs to Know What You're Trying To Accomplish.
"As a healthcare professional. . ."
"Jerry crafted a customized risk management plan for me. He ensured I had the right types and amount of insurance coverages based on my financial obligations plus goals. If anything helps, he helped make sure my income not just sustainable but comfortable. . ." - Monique
How Is Your Insurance Decisions Connected to Your Overall Financial Picture?
"He can predict & protect. . ."
"Jerry's strategic planning and attention to detail is impressive. . ." - David
How Have You Identified, Evaluated and Eliminated/Reduced The Amount Of Risk You, Your Family or Business is Exposed to?
What Are Others Saying ?
Let's Continue. . .
I've been with Young Financial Associates for several years, and their expertise has made all the difference in my financial journey. They've crafted an index strategy that aligns perfectly with my goals.
Jessica
They took the time to understand my unique situation and crafted a retirement plan that gives me peace of mind. I appreciate their dedication to my financial well-being and ethical options.
Kevin
Their insightful market analysis and proactive approach to retirement management have helped me navigate the ever-changing financial landscape successfully. Their commitment to transparency and clear communication.
Amber
"I couldn’t be happier with the exceptional service I received from this financial planning practice. They truly understand the value of listening to their clients and addressing individual needs. From the moment I walked in, I felt welcomed and at ease. Their personalized approach and expert advice gave me a clear path forward, and I now feel more confident and secure about my financial future. Thank you for making such a difference in my life!"
Matt S.
This team exceeded all my expectations! They made the entire process of financial planning so comfortable and straightforward. Their dedication to understanding our goals and crafting a plan tailored to our needs was remarkable. We felt genuinely cared for and appreciated their consistent communication. It’s rare to find someone that combines professionalism with such a personal touch. Highly recommended!
Mr. & Mrs. Adams
Outstanding service! The team made complex financial concepts simple and approachable. They genuinely care about their clients and prioritize long-term success. We now have a solid financial plan and feel empowered to move forward with confidence. Thank you!
Ann & Mike
We had an outstanding experience with this practice. Their attention to detail and genuine care made all the difference. They created a comprehensive plan that perfectly suited our needs, leaving us with a sense of clarity and peace of mind.
Mr. & Mrs. Sternberg
"I thought I had it all figured out, but boy was I wrong. . ."
"It's like they unlock a secret level in the finance game. They didn't tell just what to do. They taught me why, then Jerry passed the game plan to my financial advisor. . ."
- Tim
"We had a Will, sure, but that's just the tip of the iceberg. . ."
"At first the price made us hesitate but let me tell you, it's worth every penny. My parents? They didn't plan as well as they could have and now I see the difference. It's not just about money. It's about peace of mind. . ." - Shirley
Our Team
Meet Our Financial Professional of 2024 - Drew James!
At Young Financial Associates, our team is the backbone of our success. Comprising seasoned professionals with diverse expertise in the financial & insurance industry, we are united by a common goal: to empower you on your financial journey. With backgrounds spanning retirement strategy, risk management, retirement planning, and ethical options, each team member brings a unique perspective to the table.
Drew James
FAQS
What is the difference between a financial advisor and a financial planner?
The terms are often used interchangeably, but there can be differences. Generally, a financial planner focuses on creating comprehensive financial plans covering various aspects of your financial life. A financial advisor might offer a broader range of services, including investment management.
Can a financial planner help me with debt management?
Yes, financial advisors can help you develop a debt management plan. They can provide strategies for paying down debt, consolidating loans, and managing your cash flow to improve your financial health.
What if I have a lack of understanding?
Many individuals feel overwhelmed or intimidated by the financial planning process. You may be concerned that you lack the necessary knowledge to understand financial advice or that you will be talked down to or misunderstood by the planner. Here at Young Financial Associates, we guide and simplify information based on your level of understanding to make sure we are on the same page.
How often should I meet with my financial advisor/planner?
The frequency of meetings depends on your needs and financial situation. Typically, clients meet with their advisors annually, semi-annually, or quarterly. However, you can schedule additional meetings as needed, especially during major life events or changes in financial circumstances.
Will I lose control over my financial decisions if I work with a financial planner?
No, you retain control over your financial decisions. A financial planner provides recommendations and advice, but the final decision always rests with you. We will ensure you understand all options and help you make informed choices and connect the dots with your other financial professionals.
What types of options do you recommend?
We offer a wide range of options, including different indexes, compound interest, annuities and more. Our recommendations are personalized to your financial goals, risk tolerance, and time horizon. We work with you to create a diversified portfolio that aligns with your unique needs and aspirations.
How do you charge for your services?
We believe in transparency when it comes to fees. We have no hidden costs.
Can I access my accounts online?
Absolutely. We provide secure online access to your accounts through a user-friendly platform through our partners. You can view your portfolio, track performance, and access important documents 24/7. We prioritize the security of your financial information, and our online platform is designed to give you convenient and secure access to your account at any time.
Will I have to pay taxes when I rollover my qualified 401k plan?
Your taxes will remain tax deferred until withdraw, without penalty after 59 1/2 years of age, since your funds are coming from a qualified plan and into another qualified plan.
Get In Touch
The information, articles, guides, and other content provided on this website are for general educational and informational purposes only and should not be considered personalized financial, investment, legal, or tax advice. The content is not intended to replace professional guidance tailored to your specific financial situation.
While we strive to ensure accuracy, we do not guarantee that the information is complete, up-to-date, or applicable to your personal circumstances. Financial planning is unique to each individual or couple, and the strategies discussed may not be suitable for your needs. Engaging with this website, its content, or any downloadable materials does not establish a client-advisor relationship.
All investments and financial strategies carry risks, including the potential loss of principal. Past performance is not indicative of future results. Any third-party links or references provided are for informational purposes only and do not constitute an endorsement. We encourage you to consult with a qualified financial professional before making any financial decisions.