WHAT WE DO
"Never underestimate the power of a written plan."
Our investment strategy incorporates a strict, disciplined process built around facts, not emotions. We believe the traditional models available to the public, using set in stone diversification and asset allocation models, may not be sufficient in our current market environment.
Our Proprietary Portfolio Modeling Process, using quantitative, qualitative, & behavioral metrics helps us attempt to manage risk in our clients' portfolios, smoothing out the ride down their financial journey of life.
Through our relationship with First Carolina Wealth, we are able to offer full Fiduciary Trust services to families who need assistance managing their assets and planning for many generations to come.
With our partnership, we are able to focus on expert life planning, including tax, business, retirement and estate planning advice.
We call it having a written Will for your business. Some business owners never verbalize, document, or implement a plan in preparation if something were to happen to them. Business owners face many additional risk factors that should be addressed and minimized.
We often take for granted that tomorrow will be business as usual. Unfortunately, the day will come that the owner may no longer be able to lead the company, whether it be voluntarily or involuntarily. Having a plan in place allows the owner to be prepared for possible estate taxes, maintain company valuations, limit losing key employees, and define succession roles.
Having peace of mind knowing that your family and employees are taken care of can many times be the biggest motivating factor in completing a plan.
401(K) & PROFIT SHARING
401k Plans and Retirement plans are complicated and many Plan Sponsors (Responsible Plan Fiduciaries) need guidance. 401k fees, Plan Benchmarking, ERISA, Fiduciary Liability are all common to plans and need to be addressed. We hold industry designations and are part of multiple 401(k) information and study groups to stay on top of the evolving regulations in our field. Mumy Financial helps you confidently implement best practices for your plan in order to maintain the Uniform Standards of Care.
Mumy Financial has available many options to significantly reduce a Plan Sponsor's fiduciary liability. These services include: ERISA 402(a) Independent Named Fiduciary, ERISA 3(16) Plan Administrator Fiduciary, ERISA 3(38) Investment Fiduciary, & several other options.