Advocate Wealth

Reduce Taxes • Retire Early • Pursue Your Passions

Advocate Wealth offers a complete suite of solutions

As our clients’ trusted advisor on their financial matters, we proudly offer guidance on a range of complex and sophisticated financial planning services. Lobbyists, Attorneys & DC Insiders and accomplished professionals without children have unique needs that cannot be adequately addressed by a financial advisor with only a basic financial planning background.

Addressing these needs requires an advisor with requisite training achieved through earning and maintaining advanced professional certifications. As a CERTIFIED FINANCIAL PLANNER™ practitioner and CERTIFIED PRIVATE WEALTH ADVISOR® professional, Eli meticulously analyzes and guide our clients on every aspect of their financial lives.

By understanding the overall and complete picture of our clients’ financial situation, we can provide them with the highest quality personalized service.

Schedule a consultation

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Investment management

Our investment management services focus on our clients’ goals as we help them build and optimize their investment portfolios. Our investment philosophy is comprised of ten principles.

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Investment management services include:

Analyze existing investment holdings
Develop portfolio income strategies
Analyze and optimize asset allocation
Balance asset location to optimize after-tax returns
Conduct semi annual rebalancing
Counsel on held-away accounts
Optimize cash-management holdings
Analyze permanent insurance policies

Review existing investment costs
Counsel on employer retirement plans
Analyze living benefits and riders of existing annuity contracts
Review and recommend rollover options
Advise on concentrated stock holdings
Conduct ongoing monitoring of accounts
Review portfolio managers
Provide guidance on stock awards, incentive stock options, and nonqualified stock options

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Financial planning

We work together with our clients to build and implement effective financial plans that consider and coordinate every aspect of their financial lives, including investments, taxes, retirement, eldercare, legacy, debt, and insurance.

Financial planning services include:

Conduct financial wellness reviews
Develop goals-based and cash-flow-based plans
Calculate when clients can afford to retire
Optimize Social Security claiming strategies
Develop and implement retirement income plans
Conduct prolonged bear market stress-testing
Create consolidated net worth statements
Identify cash and liquidity needs

Perform education funding requirements
Provide secure online document vault
Identify securities-backed lending solutions
Analyze reverse mortgage options
Conduct Monte Carlo simulations to predict the probability of a particular outcome
Identify and incorporate health care costs into financial plans
Review employer benefits
Analyze
real estate holdings

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Tax planning

Many financial advisors either are prohibited from providing tax advice or do not have the requisite skills or training. Fortunately, I do. I work together with my clients and their tax professional to examine ways to reduce their taxes in the current year as well as formulate strategies to minimize them in the future. While often overlooked, tax planning is one of the most valuable services I offer.

Tax planning services include:

Identify an experienced tax professional
Review annual tax returns
Collaborate with tax professional on income tax reduction strategies
Identify tax-minimization opportunities
Coordinate with tax professional on estimated taxes
Conduct forward-looking tax planning

Implement tax-loss harvesting
Balance required minimum distributions
Optimize qualified charitable distributions
Analyze Roth conversion strategies
Provide expected tax form summaries
Prepare capital gains/loss and dividends reports

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Risk planning

Our risk management services focus on evaluating our clients’ financial needs and the effectiveness of their life, disability, liability, property & casualty, and long term care insurance.

Risk management services include:

Identify an experienced insurance professional
Analyze life, disability, and long-term-care insurance needs and policies
Review property and casualty insurance requirements

Analyze loans and lines of credit
Analyze home mortgage refinance possibilities
Identify and optimize emergency funds

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Estate planning

When people think about estate planning, they may not realize that it is about so much more than deciding who to leave their money to after they’re gone. In addition to helping with that decision, we take the time to review who will be responsible for our clients’ financial and health care decisions while they are still alive if they become unable to make their own decisions. Two of the most common mistakes we see when clients begin working with us are that their assets are not aligned with their estate wishes and their documents are out of date.

Estate planning services include:

Identify an experienced estate attorney
Review existing estate documents including Wills, Powers of Attorney, Advance Medical Directives, and Trusts
Collaborate with estate attorney and tax professional on wealth transfer strategies
Monitor status of pending federal legislation

Advise on legacy planning
Perform beneficiary audits
Advise on gifting strategies
Identify estate-tax liability and estate-tax-reduction strategies
Provide guidance on donor-advised funds

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Asset protection

Contrary to what many people believe, asset protection is not the same as risk management. Asset protection involves exploring legal strategies to safeguard our clients’ assets from creditor claims or other legal actions.

Asset protection services include:

Identify wealth-transfer strategies
Collaborate with estate attorney and tax professional on wealth transfer strategies
Assess liability exposure
Review titling of liquid and nonliquid assets

Identify what trusts are needed, such as:

testamentary trusts

grantor trusts

spousal limited access trusts

qualified terminable interest trusts

irrevocable life insurance trusts

special needs trusts

qualified personal residency trusts

As a government relations professional, trust us to manage your financial needs with the same dedication and expertise you bring to shaping public policy