Financial Planning & Analysis
At Paller Financial we serve as a reliable partner in helping you navigate some of the major transitions that occur in life. When large transitions occur, such as the sale of a business, planning for retirement, a large windfall or the end of a marriage there are financial considerations and often complex issues to navigate. We can assess your situation, develop a clear plan and help you implement that plan.
Investment Management
As a Registered Investment Advisor or RIA, Paller Financial, seeks to manage and grow the investable financial assets of the clients we serve. We view your investments as the fuel that helps you fund your lifestyle. As such, we invest in well-diversified and low-cost funds with an orientation to the long-term growth of companies whose products and services our clients and the marketplace use every day.
Tax Preparation & Management
As a CPA and Registered Investment Advisory Firm we prepare income tax returns for families and small businesses. Tax advice and proper tax management is critical to any successful financial plan.
Retirement Planning
As we are healthier and living longer than ever before the term “retirement” is being redefined as redesigning our future lives. We all want a life of freedom, purpose, and passion while being responsible to ourselves and our loved ones. It sounds easy, but it is hard to be real and objective. We have the expertise to help you understand your financial condition and help you live the life you have always dreamed about.
Retirement Plans
Our retirement plan services are geared towards small businesses and their owners who want to save tax, grow their investments, along with recruiting and retaining talented employees. We act as the financial advisor for their 401k, SEP’s, and SIMPLE’s plans. We act as the “Fiduciary” while working with the Third Party Administrator (TPA) and mutual fund investment company.
Small Business Advising
Business advisory services sit at the confluence of tax preparation and planning, retirement plan advising and business building counseling. The goal is simple, to help companies succeed, stay relevant and become sustainable. Sometimes we assist in drafting business plans and at other times we play the devil's advocate in ensuring your business’s success.
Divorce & Settlement
The statistics speak for themselves. No matter why, when or how it’s sad, it’s hard and many times expensive. We’ve developed the expertise in helping families understand their financial circumstances and manage through the dissolution of their relationship. We offer an objective and independent perspective to a very emotional time.
Sale of Business
For an entrepreneur, one of the most exciting times in their lives is starting a business. Producing a valuable product, buying equipment, hiring staff and babying it along the way comes with a lot of blood sweat and tears. Then one day the entrepreneur realizes that they have accumulated enough resources for the rest of their lives and wonders what it would be like to sell the business and “retire”? Questions pile up — is it smart, a fair price, what will the taxes be and how much cash will I have left over? Then, what am I going to do?
This is where we step in. We’ve been here before and have tackled these issues and more with the ultimate goal of seeing those who we serve succeed.
Real estate is a wonderful way to build our net worth and satisfy a number of financial goals. But for most, there comes a time that enough is enough and it is time to reduce our commitments and harvest the value. Depending on the type and use of the property, be it our home, a rental, business or vacation property there could be some severe tax consequences. At Paller Financial we have evaluated numerous transactions and have an intimate understanding of the tax law to help you manage the transaction so you can maximize the value.
Receiving resources from another is truly a blessing. Many times this takes place between family members upon the passing of a loved one. It is usually a very overwhelming and confusing time. What should you do? Are you going to pass them onto the next generation? Used them to satisfy a life-long dream? Invest for the future or pay your bills?
Everyone’s situation is unique. Further complicating the issue is that the resources can come from a number of sources, such as, life insurance, retirement accounts, general investments, real estate and small businesses. What do you do first, how do you figure it out and when do things need to be done? At Paller Financial we have advocated for many of our clients, assisted with the processing of all types of paperwork and worked with Legal counsel to take care of these matters.