Strategic Wealth Management Group was founded in 1991. The firm now has two offices, one in Columbia, MD and one in Salisbury, MD.
Although SWMG works with a variety of clientele needing financial planning and investment management - or, as we think of it, financial management -- our specialty lies within the relationships we have with business owners, professionals and individuals who prefer to delegate their financial needs to an expert. This delegation allows our clients to focus on what they do best, knowing Strategic Wealth Management Group is there to support them.
To help you better understand the scope of our work, following are some client profiles for your review;
A Couple Planning for Retirement
When planning for retirement each clients specific timeframe is considered to help provide for a customized plan that is unique to them. Clients with more time prior to retirement can afford to take some additional investment risk and tend to be more growth oriented. As clients approach retirement their portfolio is managed carefully to continue to reduce risk as they get nearer to retirement. It is also important to ensure that our clients 401k and other company retirement plan assets are properly allocated.
Retirees have different needs than those planning for retirement. These clients require income from their investments and any pensions they may have. They want a portfolio that will grow and keep up with inflation, but also want to protect against downside risk as much as possible.
Business Owners or Business Executives
We provide comprehensive guidance at a personal and business level to help business professionals navigate their financial goals. Business owners and professional are busy with what they are best at and we provide an expert team that can help ensure that their personal financial success follows their business success.
401k Plan Fiduciaries
These clients are business owners or individuals who sit on their companys 401k plan committee. Involvement in this committee includes a variety of responsibilities and some liabilities. We help to provide a clear picture of their responsibilities, share in the investment fiduciary liability and help to ensure their 401k plans are in compliance with investment regulations by all of the governing bodies that oversee 401ks. We serve as investment manager to these plans and help to coordinate all activities between the plan custodian and third party administrator.
Widows and Widowers are frequently overwhelmed dealing with the loss of a spouse. We provide expert guidance to help them through the maze of complexity that often accompanies this life event. Our team of professionals offers solutions and ideas that can be reviewed and applied when appropriate, knowing that sometimes it is better to defer a decision than to rush into one when uncertainty exists.