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Transitional Plans

Life is an evolving process with many different stages along the way and transitions are as natural as the changing seasons. They can be positive or negative, planned or unexpected. With much at stake through each stage, our clients will want to protect their interests with a realistic, ongoing summary assessment of their financial situation.

Our advisors at Preferred Wealth Advisors are here to help clients prepare for different life stages, and are there for those times when clients may be unprepared. We will guide them through any transition and help create a plan for their future.

Retirement Planning

Retirement is at the forefront of many of our minds and we know this transition can seem overwhelming at times. We help make sense of it all by analyzing each client’s or family’s income sources, including company-sponsored retirement plans, individual retirement accounts (IRAs), taxable savings, investment accounts, and Social Security.

We also help formulate lifetime income strategies aimed at maximizing benefits from employer-sponsored plans, as well as Social Security. Additionally, we include Medicare planning in our analysis. If need be, we also provide quotes on supplemental plans and help connect our clients to the right insurance company.

One of our specialties is managing stretch IRAs. Since a younger beneficiary may have a longer life expectancy than the original IRA owner, we advise on the best way to set up receiving distributions each year over his or her life span. 

In addition to serving individual’s retirement planning needs, Preferred Wealth Advisors works with businesses establishing and/or servicing their Simple IRA and 401(k) plans. In this realm, we are the area professionals in regard to cash balance plans. Cash balance plans are an excellent option for successful business owners who would like to accelerate their retirement savings while greatly increasing their tax deductions.

Divorce Financial Planning

A divorce can be a very significant transitional stage that strains finances, as well as emotions. We offer compassionate listening, preparation and financial planning during and after divorce, so our clients can better protect their financial interests and take charge of their future well-being. When faced with a divorce, we help clients carefully navigate through the emotional transition, provide clarity of their options and instill the confidence necessary to make the best decisions.

Estate Planning


Estate planning isn't just about money--it's about creating a plan to help loved ones navigate the process of what to do when our clients are gone. They might not think about it now, but with proper planning today, our clients can make sure their wishes are known and carried out later.

Estate Planning helps anticipate and eliminate uncertainties and provides the legal mechanism for disposing of property upon death, in a way that recognizes our clients wishes and the needs of their survivors, while helping to minimize taxes. Sometimes, estates can dwindle quickly after each generation.  Often, the successors do not understand how the assets were to be managed or did not share the values and outlook of the founder.

We'll review our clients financial accounts, discuss ultimate goals for the disposition of assets, and then match them with invaluable resources and estate planners that will guide them through the estate planning process.  We'll help capture and transfer family traditions and values, as well as help protect financial wealth for current and future generations.


Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is no guarantee of future results. Please note that individual situations can vary. Investors should note that stretch IRA's are designed for individuals who will not need the money in the account for their own retirement needs. Factors to consider when stretching an IRA are potential changes to tax law, inflation and other risks. There are several choices investors have when rolling over money from one plan to another. Since each choice has it's own implications, it is recommended that you discuss and compare all potential fees, expenses, commissions, taxes, and legal ramifications with your qualified advisor before making a rollover decision.