We offer investment management, retirement income planning, asset protection, 401(k) services and assistance with tax and estate planning strategies.
We take a holistic approach to help clients identify their individual needs and goals. We also help design comprehensive financial strategies tailored to each client’s financial situation and aspirations. We believe each of our clients deserves a trustworthy and credible source of guidance.
As an independent organization, Bay Harbor has the freedom to utilize what we feel is in the best interest of our clients.
By taking the time to understand our clients’ financial and lifestyle needs and goals, we aim to align our guidance to that framework.
To learn more or to schedule a no-obligation consultation, click here or call us at (410) 403-2060.
We strive to provide institutional-quality investment management through a variety of strategies, asset classes and investment styles.
In addition to private asset management and portfolio management, we offer customized portfolio construction and management based on our clients’ financial goals and our expertise.
As you near retirement, the traditional strategy has been to transition from growth-seeking investments to more conservative fixed-income investments. This may have worked back when retirement was only expected to last 10 to 15 years. Today, however, people are living longer and are planning for retirements that could last 20 to 30 years.
Are you confident you won’t outlive your retirement assets?
We work to provide our clients with reliable income streams by incorporating annuities into their financial plans. Social Security and pension income may not be sufficient. It is our goal to fill this gap with an income stream that is dependable regardless of adverse market conditions.
Fixed annuities are long-term financial vehicles designed to supplement retirement income. They provide guarantees of premium and interest credited, and can provide a guaranteed lifetime income stream.* Note that they may be subject to surrender charges and holding periods. Before any purchasing decision, we will discuss if these products make sense for your needs.
Whether you are retiring or changing jobs, we know there are complex choices to make around your 401(k) assets that require a thoughtful approach. We help clients to analyze available options, focusing on solutions that meet the financial goals for their future.
If you are still working, you might be eligible for an in-service rollover with the option to move assets from a 401(k) to an IRA. We can help you determine how this may be beneficial for your investment strategies.
Having devoted endless hours and energy to creating a financial nest egg for you and your family, you are likely concerned with protecting it. We understand these concerns and are equipped to respond. Through using insurance products in our asset protection strategies, we can help to ensure that your nest egg will be secure. We appreciate how hard you have worked to get where you are today, and together we can strive to keep you on a path to financial confidence.
We will work closely with your estate planning attorney to develop an estate plan that meets your family’s needs. Life insurance can be an important element of your estate plan.
Take the time to ask yourself the following questions:
There is no denying that preparing tax returns and satisfying tax obligations each year can be quite a burden. However, by considering, answering and responding to these questions, as well as many others, you can avoid the disadvantages of a generic approach to taxes.
Each client is unique, and, as such, we believe each should approach taxes in manner most advantageous to him or her. Together, we can identify questions that you can discuss with your tax advisor. If appropriate for your needs, we can explore how investments and/or insurance products can work in your tax strategy.
^ Bay Harbor Wealth Management does not offer legal, tax or accounting advice. Please consult a qualified legal or tax professional before making any decisions about your personal situation. By meeting with us, you may be offered insurance and investment products for purchase.
Enter your information below to request this Kit including three separate guides that address several retirement topics.
Lance Scott founded Bay Harbor with the mission to be a trusted financial partner by helping clients focus on living life with financial confidence - today and long into the future.
