Failing to Plan is Planning to Fail.

Financial Planning
Life is full of change – jobs, children, marriage, divorce, retirement and many other planned and unplanned events. These life events can have a meaningful impact on your finances, but knowing the right steps to take can be confusing and stressful. Beechwood Financial can help you through these difficult transitions by providing informed and unbiased financial advice. We deliver this advice through the financial planning process.

The financial planning process consists of seven steps that help you take a “big picture” look at where you are financially. It may include budgeting, use of credit, insurance, investments, taxes and estate. And it determines where you are now, what you may need in the future and what you must do to reach your goals.

The process involves gathering relevant financial information, setting life goals, examining your current financial status and coming up with a strategy or plan for how you can meet your goals given your current situation and future plans.

Beechwood Financial Services utilizes leading technology to aggregate and analyze the major components of your household’s finances. A financial plan is created that you can monitor as you progress towards your goals. Should life take a twist or turn, your plan is easily modified.

Through the entire process you are guided and coached by a CFP® and CDFA® professional with over 25 years of experience in the financial services industry.

Divorce Planning
Divorce can be a traumatic experience and having the presence of mind to handle the many difficult decisions may be overwhelming. If you are contemplating divorce or in the divorce process be sure to have on your team a professional trained to understand the long term financial implications of the settlement decisions you will need to make. A CDFA® professional goes through an intensive training program to become skilled at analyzing and providing expertise on the financial issues of divorce.

Tax Preparation
Everyone needs to pay taxes, but no one should pay more than required. We spend the time to get to know our clients thoroughly so that we uncover all available exemptions, deductions and credits. Your taxes are prepared accurately and filed promptly.

Beechwood Financial prepares federal and state 1040 Individual Income Tax Returns. We are an IRS Authorized e-file Provider and earn the IRS Annual Filing Season Record of Completion yearly.

Beechwood Financial Services follows the CFP Seven Step Financial Planning Process

  • Understand Client’s Personal and Financial Circumstances

  • Identify and Select Plan Goals

  • Analyze Client’s Current Course of Action and Potential Alternatives

  • Develop Financial Planning Recommendations

  • Present Financial Planning Recommendations

  • Implement Financial Planning Recommendations

  • Monitor Plan Progress and Update as Needed

© 2022 Beechwood Financial Services, LLC is a New Jersey registered investment advisor.