"So this year, WMBC along with behavioral professionals created a new questionnaire that addressed the client’s entire personal situation and even goes beyond money. The questionnaire probes clients’ emotions, health, external conditions and personal resources."
"Human Centric Wealth Planning is a signature tool utilized by WMBC's team of professionals to deeply understand each client, evaluate what they have, and create innovative financial systems rooted in the client's actual needs."
"...the need for highly personalized financial planning services such as Human Wealth planning is projected to rise. Expanding with intention is of the highest importance to the WMBC team who desire to provide exceptional service and tailored results for each person they serve."
"As we are in the heat of tax season lots of talk has been circulating around 199A. A new section in the Tax Cuts and Jobs Act allowing partnerships, limited liability companies (LLCs), S corporations, and sole proprietorships to deduct the sum of 20% of their qualified business income (QBI)."
"Scott Coles, founder and president of WMBC based in Lake Forest, California in the foothills south of Los Angeles, said clients shouldn’t have to go to federal websites to get a copy of the ADV. He believes an advisor ought to provide the document without even being asked to do so."
"To make a greater impact on a client’s happiness and relationship with their money we decided to start with THEM. What makes up their well-being? If we could understand that, we could create more meaningful financial systems and not just fit them into solutions that WE decided they need to fit in."
"A 20 percent deduction on your real estate business taxes could provide you the capital to accelerate the growth of your company or provide better compensation to your employees."