Lehi, UT: Andina Advisors offers clients a range of planning services. One of the team’s offerings is estate planning, assisting clients in determining whether their assets, legacy desires, and philanthropic goals have proper documentation and align with the legal structures. The Lehi financial advisor also discusses finer details with the client to understand their goals before directing them towards a qualified professional to assist them in drafting documents.
Tax planning is another service the Lehi financial planning team offers to individuals, families, and businesses. They outline a range of tax reduction strategies that are available to clients. After the initial consultation, the team reviews the client’s prior income tax returns before offering feedback and discussing strategies.
The Lehi wealth management team also offers asset protection strategies to help clients make decisions to protect their assets and minimize damages in case of legal actions. Together with the client, the financial advisors assess the type and level of risks for litigation before establishing a strategy to minimize each risk, such as curating an entity structure, insurance, and ownership. The team also assists the client in monitoring strategies to check that the structures are still in place.
Andina Advisors also assists clients in developing retirement strategies. They discuss with the client what strategies there are to assist them in planning for their retirement and their financial future. The team discusses details such as when the client plans to retire before identifying their sources of retirement income and discussing strategy. They also determine the savings and investment returns needed to reach their goals. The final stage in curating a retirement strategy is guiding the client on investing and monitoring retirement accounts.
The financial advisors offer investment management advice by evaluating the economic factors, liquidity, income tax policies, and asset class before assisting them in curating a diversified portfolio. In addition to practical diversification and providing investment advice, the team practices due diligence. They advise clients and answer their questions about their portfolio.
In addition, the financial advisor offers cash flow management advice, assisting clients in managing their monthly and annual expenses as they work toward their goals. The team identifies the client’s expenses and outlines projected annual or monthly expenses. Other steps toward managing cash flow include monitoring spending and assisting the client in incorporating savings into their financial plan.
Andina Advisors is located at 2600 Executive Parkway, Lehi, UT, 84043, US. Clients interested in the services of a financial advisor can contact the team at 801-829-9105. Visit the website for more information.
2600 Executive Parkway