Fairway Wealth Management

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Our clients often think of Fairway Wealth Management as their personal CFO because we take leadership in the analysis of big-picture financial goals, the evaluation of strategies to achieve those goals, the implementation of the chosen strategies, and the ongoing oversight and adjustment of those strategies. Establishing an Integrated Wealth Management Strategy The beginning of each client relationship triggers a process of eliciting goals, establishing priorities and tasks, and developing strategies. Our wealth management approach and strategic viewpoint integrates three core factors that impact the actual realization of wealth over time: financial planning, investment planning, and estate planning. Within each, there are fixed realities as well as opportunities to make decisions that impact long-term, after-tax, wealth accumulation. After evaluating each client’s current reality, and understanding his or her financial needs, desires, and goals, we develop strategies for each core area that support achievement of the overall goals and do not work at cross-purposes with each other. : Financial Planning is concerned with quantifying goals, exploring alternatives, running numbers, and making informed decisions. In cases where clients have more than sufficient resources, financial planning also involves strategic wealth allocation. We ask questions about clients’ goals for their day-to-day spending, family gifting, charitable giving, and major acquisitions related to their own lifestyle. We explore the best timing and execution for any anticipated retirement, or the purchase or sale of a business or other major asset. We analyze the advantages of debt restructuring and re-financings. We analyze strategies dealing with employee stock options and deferred compensation plans. We answer the questions that come up day-to-day. Financial Planning is about managing cash flow needs today and in the future, and the ways (other than investing) that we can optimize each client’s financial position. -Investment Planning: Investment Planning focuses on education about investment concepts, asset allocation, and asset location, and selection of investment managers and specific investment vehicles. Having thoroughly evaluated the client’s financial goals and taken care to understand their risk tolerance, we create a written Investment Policy Statement that serves as a guideline for decision-making and a touchstone to assist clients in times of economic and market turmoil. We then identify investment managers and select investment vehicles. We combine our industry expertise and informed skepticism about the investment marketplace with an open-architecture platform to bring our clients the best-qualified and most appropriate options for their particular needs. Investment Planning is concerned with creating a unique and elegant strategy to maximize after-tax returns on investments over the long term. -Estate Planning: Estate Planning provides an opportunity for clients to not only shape their legacy, but also, importantly, to protect their loved ones.

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