top of page

Financial Plan Profiles

 This description of services and sample fees is provided for informational purposes only. The specific services to be provided and fees to be charged to each client are negotiated with each client and set forth in a written agreement with Osaic FA (OFA) and accompanying fee schedules. Clients should refer to their written agreement with OFA and accompanying fee schedules for definitive information regarding the services they are entitled to receive and the fees they will pay for those services. For additional information on services and fees, clients should also review OFA’s Form CRS and applicable Forms ADV Part 2A, which are available at https://osaic.com/fa.

Annual Renewal Fees

  • 80% of the initial plan fee

  • Waived if household assets are managed by Byron Young & Associates

  • Each review consists of a new financial plan profile with updated and current financial data and an evaluation of goals and life events

Holistic Financial Planning
Details of Our Plan Profiles

Revewing Graphs

1

Current Financial Position

  • Analyze your financial statements, investments, tax liability, employee benefits, etc., to inventory your current financial needs.

  • Define goals and timeline: where are we now vs. where we are going

  • Create your net worth statement to establish the great work you have done thus far and for future comparison

  • Provide a plan for life events (marriage, divorce, children, job, education, etc.)

2

Liabilities and Risk Assessment

  • Liability management: When is the best time to pay off the mortgage, establish a cash reserve, or fund unexpected, significant expenses?

  • Analysis for insurance needs and shortfall: life, disability, or long-term care

  • Provide financial guidance and planning for special circumstances, including death, disability, job loss, monetary windfall

  • Asset allocation, diversification, and securities research for variable life and annuities

3

Retirement Income Analysis

  • Income analysis and portfolio withdrawal strategies designed to maximize returns and offset losses and tax liability

  • Net present value calculations for comparison purposes, including time value analysis

  • Saving advice and education (e.g., dollar cost averaging, compound interest)

  • Asset management and investment consulting (including internal and external assets and investments)

© 2024 by Byron Young & Associates, LLC

​

Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.

​

​See Osaic Wealth’s Form CRS Customer Relationship Summary, available here, for succinct information about the relationships and services Osaic Wealth offers to retail investors, related fees and costs, specified conflicts of interest, standards of conduct, and disciplinary history, among other things. Osaic Wealth’s Forms ADV, Part 2A, which describes Osaic Wealth’s investment advisory services, Regulation Best Interest Disclosure Document, which describes Osaic Wealth’s broker-dealer services, and other client disclosure documents can be found here.

​

Osaic Wealth, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

​

CRN-6860764-080224

bottom of page