Financial planning is a continuous process that helps you understand your finances, set your goals, and make well-informed decisions for the future. For many Short Hills residents, this means looking at the big picture and bringing together different financial priorities, rather than focusing on just one area.

We take a big-picture view of your finances and see how all the pieces fit together. This might cover investments, retirement planning, cash flow, tax-aware planning, and estate planning, all shaped around your goals and needs.

Living in Short Hills means thinking carefully about your finances. The area's established neighborhoods, high property values, and different financial goals all play an essential part. When we talk about planning, we often discuss topics such as:

• Considering how home equity fits into your financial plan
• Finding the right balance between your current lifestyle and your retirement plans
• Thinking about buying a second home or vacation property
• Getting ready to pass on wealth to future generations
• Organizing your investments in both taxable and tax-advantaged accounts

We don’t believe in a one-size-fits-all approach. First, we get to know your situation, your goals, and how much risk you are comfortable with. Then, we develop a financial plan that fits your needs and supports your priorities as they change over time.

Legacy Wealth Advisors operates as an independent firm offering fiduciary services. This means recommendations are made with a duty to act in the client’s best interest at the time advice is provided. 

We understand that convenience matters, especially if you have a busy schedule or spend time in different locations. Our office is in Manalapan, and we also serve many clients in Short Hills. We offer flexible meeting times to suit your needs.

Here are some ways we can meet:

• At our Manalapan office
• Virtually using secure video conferencing
• In person at your home or another location that works for you, when appropriate

Some clients like to meet in person, while others prefer the flexibility of virtual appointments. We will help you choose the meeting format that is often most effective for you.

We provide financial planning as an ongoing partnership, providing advice tailored to your needs, situation, and goals.

Investment management is most effective when considered as part of a broader financial plan. We build portfolio strategies that reflect your goals, timeline, and how much risk you are comfortable taking.

Our services may include:

• Building your portfolio and deciding how to spread out your investments
• Regularly checking your portfolio and making adjustments when needed
• Reviewing how your investments are diversified and the risks involved

Every investment comes with some risk, and we cannot promise specific results. Changes in the market and other factors can lead to gains or losses.

Retirement planning means combining different sources of income and getting ready for a retirement that could last many years. No matter if you are close to retiring or already retired, a clear plan can help you make confident choices.

When planning for retirement, we might talk about:

• Figuring out how much income you will need in retirement based on the lifestyle you want
• Looking over your retirement accounts, such as IRAs and plans from your employer
• Thinking about how and when to take money from your accounts over the years
• Making sure your retirement income works

Retirement planning uses estimates that can change as time goes on. What actually happens may be different from what you expect.

Legacy Wealth Advisors does not offer tax preparation or legal services. However, we know that tax considerations play a key role in financial planning. When it makes sense, we look at general tax implications as part of your financial strategy and encourage you to work with your tax professional.

Our planning conversations may cover topics such as:

• Reviewing where your assets are held, whether in taxable or tax-advantaged accounts
• Looking at how investment income and distributions might affect your taxes
• Working together with your tax professional to coordinate planning strategies

We recommend that you talk to your own qualified tax advisor about your specific tax situation.

Estate planning coordination ensures your financial accounts and assets match your overall estate planning goals. For many people and families, this means thinking about future generations and the legacy they want to leave.

When we talk about planning, we might discuss:

• Looking over who you have listed as beneficiaries on your financial accounts
• Working together with your estate planning attorney
• Talking about charitable giving or other ways you want to plan your legacy

Legacy Wealth Advisors does not draft legal documents or provide legal advice. Clients should consult a qualified attorney regarding their estate planning needs.

Business owners usually need to plan for more than just their personal finances. Taking a coordinated approach can help them meet both personal and business goals and support long-term plans.

When planning, we might talk about topics such as:

• How to coordinate your personal and business finances
• Looking at retirement planning options that fit business owners
• Talking about how to plan for business succession or transitions

Business planning strategies depend on many factors, so results are not guaranteed.

Demographic and financial data available to the public provides helpful insight into the Short Hills community. The information below, from government agencies and other trusted sources, adds context to the financial planning topics covered on this page.