Wealth Management

What We Do

Senior confident in his retirement plan enjoys solving a puzzle with a grandchild.

Timberchase Financial offers wealth management services, including investment management, financial planning, tax mitigation, asset protection, and assistance with charitable giving. We use a consultative process with you, your other advisors, and our team of experts.

We work with you to solve these complex financial problems if you do not have the time, interest, or knowledge to do so:

  • Asset class investing

    We employ a methodical approach grounded in academic research, with an eye toward tax efficiency and low investment expenses.

  • Estate planning

    In collaboration with your estate planning attorney or an attorney to which we refer you, we assist in executing a thoughtful plan.

  • Legacy planning

    We help you create a constructive legacy for your children, grandchildren, and charitable interests.

  • Tax planning

    We consider your long-term needs by partnering with your accounting firm or a firm to which we refer you and look for ways to help you pay less tax over time.

  • Insurance and asset protection

    We coordinate your insurance plan with outside agents so you get only what you need, for less cost. We do not sell products or accept commissions.

Our clients hold preservation of wealth as a top financial priority and want to minimize taxes, plan for the transfer of their wealth on their terms, and make an impact on others through charitable giving. They want to educate and empower those they love to be wise stewards of their resources. We assist in these efforts, so that wealth can serve a greater purpose.

As a completely independent firm, we focus all of our efforts on your goals. As a fiduciary, we act on your behalf. Our fee-only model creates a pristine relationship with you that minimizes conflicts of interest.

We believe real wealth management is a complete approach to addressing your entire financial life, defined as the sum of investment consulting, advanced planning, and relationship management. If you would like to start a conversation about how our CERTIFIED FINANCIAL PLANNER™ professionals may be able to help with your financial plan, please contact us.

 
 

Frequently Asked Questions

  • We provide comprehensive, fee-only financial planning, which includes investment management, tax planning, retirement planning, strategies for charitable giving, estate planning, and planning for cash flow, debt, insurance, and asset protection. We do this in the context of a client family’s goals and in collaboration with their other advisors.

  • We provide investment advice that reduces cost, controls risk, and improves tax efficiency (which saves paying tax now, and in future generations), while providing advice and planning that reduces insurance costs, facilitates tax efficient charitable giving strategies, and helps our clients avoid financial mistakes.

  • Fee-only means that 100% of our revenue comes from client fees. As a fee-only firm, we do not sell products, and none of our revenue comes from commissions, trails, loads, referral fees, or any other compensation that could influence the advice we give clients. This creates a pristine relationship of trust with our clients because they know our advice is given only in their best interest. Fee-only is not the same as fee-based, which may include fees, but also includes other compensation from the provider of financial products.

  • We hold to a fiduciary standard, which means that we are legally obligated to act in the best interest of our clients.

  • A financial advisor is a title used by a broad range of insurance agents, brokers, and annuity sales representatives, usually compensated in a number of ways including commissions. A financial planner is a professional, often a CERTIFIED FINANCIAL PLANNER™ (CFP®) professional, who is qualified to provide advice with a comprehensive planning focus instead of a product focus.

  • There is overlap between these two terms, and the use of the terms are very different depending on the firm. Both imply a comprehensive view of the client’s financial situation, but the terms are used differently by firms in the industry. Generally, wealth management is financial planning for higher net worth families. However, there are many wealth management services that are solely focused on security selection without regard for tax implications, investment costs, estate planning, retirement planning, or asset protection. It is important for the consumer to ask what they are getting when they hire a firm.

  • We do not have a minimum account size requirement, but we are a good solution for families who have a minimum net worth of $2 million. The more complexity a family has, the more value we can add.

  • We do not prepare tax returns. We work closely with our clients’ tax preparers, or with clients who prepare their own tax returns, to provide information needed for the return and to work with client tax preparers to develop a collaborative tax plan.

  • We work closely with clients and their other advisors to create an estate plan structure, then work with the client family to thoughtfully develop an inheritance and charitable giving plan that is consistent with the client’s multi-generational wishes.

  • We are located in Hoover, Alabama, just south of Birmingham, Alabama. Most of our clients live in Alabama, or have a connection to Alabama, but also live in many other states. We also work with families who live overseas or have chosen to retire overseas.