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Our Services

Planning for and embarking on retirement can be both an exciting and anxious time for clients. When considering both the possibilities and risks, the importance of having a plan based on informed decisions is paramount. We believe a more comprehensive knowledge base and planning process is required. Solving for retirement income has more variables and potential strategies when compared to the accumulation phase that precedes retirement. We have a specific and detailed process called Envision® that will help address your concerns and questions and will incorporate individual preferences to seek to reduce anxiety. We address Market/Return Risks, Withdrawal Rate Risk (i.e. Spending Behavior), Inflation Risk, Healthcare/Unexpected Expenses and Longevity Risk.

ENVISION®
The Envision planning process combines goal-based advice with sophisticated statistical modeling, Wells Fargo Advisors' unique Envision process creates an effective, easy-to-understand method for you to prioritize and achieve important life goals. Ultimately, the Envision process helps you live the one life you have the very best way you can, without undue financial sacrifice or over exposure to risk.

FINANCIAL STRATEGY ACTION PLAN (FSAP)
As a compliment to Envision, the FSAP brings together all of your key financial considerations. The FSAP allows us to address retirement, investment strategy, cash flow, liability management and education funding and estate planning strategies. We collect an array of financial information and those financial people that are important to you and your heirs. It is the information that we need to know to help make your Envision plan successful.

WHO WE SERVE
At Merkel-Damer Financial Strategies Group, we are particularly sensitive to the needs of women, especially those in transition and the LGBTQ community.  We welcome all who need a comprehensive plan for their future.  Everything we do is in the best interest of all parties involved.  Our minimum household size is $250,000 in financial assets.  In certain circumstances, there may be an exception to that minimum.

HOW WE CAN HELP
We focus in helping you navigate life's changes such as divorce, death of a loved one, job change, retirement, changing directions in mid-life, getting married, welcoming a child or grandchild to the family or taking care of aging relatives. All of these circumstances can be handled with careful planning.
  • Pre-Retirement Planning  
  • In Retirement Planning
  • Domestic Partnership Planning
  • Education Planning
  • Longevity Planning

SERVICES PROVIDED...
Strategic Planning
  • Envision Plan
  • Financial Strategy Action Plan
  • Balance Sheet Strategies
  • Pension & Social Security Strategies
  • Critical Event Strategies
  • Risk Management Strategies
  • Income Planning Strategies
  • Tax-efficient Investment Strategies
  • Domestic Partner Planning
  • Estate Planning Strategies
  • Medicare Planning
  • Veterans Benefit Analysis
Portfolio Review
  • Financial Statement Review
  • Portfolio Design
  • Rebalancing Strategies
Stage of Life Planning
  • Women in Transition
  • Education Planning
  • Retirement Planning
  • Elder Planning
  • Survivor Planning
  • Philanthropic Planning
Advice and Education
  • Financial Advice
  • Market Information
  • Client Education
  • Second Opinion for Friends & Family
  • Concierge and lifestyle services
Trend
We believe the potential of women entrepreneurs for spurring economic growth has not been fully realized.

These numbers are staggering especially in light of the fact Women-Owned Business is one of the largest growing market segments.

:: Over the past 5 years, the number of women-owned businesses has increased 21%, while all businesses increased only 9%.

:: Total employment by women-owned business rose 8%, while for all businesses only increase was 1.8%.

:: While the number of women-owned businesses grew 21% from 2014 to 2019, firms owned by women of color grew at double that rate (43%).  Numbers for African American/Black women grew even faster at 50%, Native Hawaiian/Pacific Islander (41%), Latina/Hispanic (40%), Asian American (37%) and Native American/Alaska Native (26%).

Source: The American Express The 2019 State of Women-Owned Businesses Report