The Scanlan Wealth Management Group

Our Discovery Process

• Thank you for taking the time to learn about The Scanlan Wealth Management Group. The sections that follow describe the various services we offer –we welcome you to learn about the journey ahead as a valued client of our team and firm.
• Because every client situation is unique, we begin by learning about you, your family, your financial history and your financial complexities.
• Our process allows us to formulate specific strategies to achieve your goals, guided by your preferences and requirements.

Analysis and Ongoing review of your entire asset mix

• We shall examine your entire asset mix and create a custom 'Detail of Holdings'. This streamlined view provides a critical vantage point from which to make smart decisions. This in-depth analysis is especially important when onboarding a new relationship.
• Upon engagement, we provide ongoing performance measurement and analysis for your aggregate portfolio (the bottom line), as well as the individual parts (the details matter; we shall go deep).
• We utilize FactSet, the industry's leading research software, as well as multiple other market intelligence resources.
• We help you to understand what you own, as well as what you could own and why it might make sense– we will educate you on the universe of possibilities!
• We will provide ongoing guidance of buy-hold-sell all the while being mindful of tax implications.

Investment and Cash Management Strategy

• We will create a bespoke portfolio for you that suits your individual goals and preferences. We draw from an open architecture platform that allows us to position both public and private equities, alternatives, fixed income vehicles, etc. We often suggest a hedging component. We offer both advisory (discretionary) as well as brokerage (non-advisory) account structures, which allows for maximum flexibility and price competitiveness.
• Alongside our recommendations, we shall review the risk v. reward of core asset classes as well as newer financial vehicles (i.e. structures, private lending, private equity, direct indexing, etc.).
• In regards to cash management, we shall meet you where you are. You might be in accumulation/wealth-building mode, regularly investing new funds and reinvesting the existing portfolio. Or you might be tapping your portfolio to finance some or all of your living expenses. You might begin in one of these phases, and transition to the other. We will be your partner to facilitate the path that uniquely suits your needs.

Cash Flow and Retirement Planning

• Understanding and harnessing your cash flow is a timeless need. Whether you are planning retirement, facing a liquidity event, or simply wanting to get a 'handle' on your 'run rate', we are here to assist.
• We will work with you to identify and quantify your goals and 'inputs' (sources of income, your various expenses, assets to draw from, etc.).
• We will create customized cash flow models for you, and regularly review/reiterate, modeling life events, and evaluating decision-trees.
• Specific to retirement planning and your role (employee, employer?), we will review the various platforms you might consider – Roth IRA's, 401(k) plans, Defined Contribution plans, Defined Benefit/Cash Balance plans, etc.

Tax Planning

• Is your portfolio tax efficient?
• We provide ongoing review of your tax picture, with careful consideration of possible optimization strategies. This might includes: Direct Indexing, Exchange Funds, Tax-Loss Harvesting, Fixed Income bond swaps, Qualified Charitable Distributions, Charitable Giving, Municipal Bonds, etc.
• We collaborate with your tax and legal counsel and can also make referrals if you are seeking.
• We provide pre-liquidity planning for entrepreneurs and early employees of publicly-held companies.

Estate Planning

• Working closely with your estate attorney, your CPA and experts from our Family Office Resources group, we review your trust and estate plans to identify opportunities for tax efficiency and alignment with your multigenerational goals.
• We will help you to understand both basic and advanced estate-planning strategies and when/how the various paths may make sense for you.
• Basic Planning strategies includes a Living Trust, will, TOD, DPOA, etc.)
• Advanced Planning strategies include a CRT, GRAT, LLC, etc.
• Gifting strategies include gifts to family, as well as to charitable causes. Vehicles include a CRT, DAF, one time gifts, etc.

Educational Funding strategy

• There are many facets to financing education. We will help you to understand your options – this includes 529 plans, UGMA accounts, gifting techniques, etc.
• Once you are ready to draw for your student, we shall facilitate, sending funds to either you or directly to the educational institution.

Concentrated stock strategies for Public Company Executives

• We start by examining your stock and option package. We can discuss various strategies/implications by way of our proprietary Equity Awards Analysis© tool.
• Upon request, we can create your 10b5-1 plan strategy. This is particularly helpful for Section 16 employees (insiders).
• We can review general divestment strategies that could include: covered calls, Exchange Funds, prepaid forwards, systematic selling, etc.

Pre-Liquidity Planning for Pre-IPO and Private Company Executives

• We will help you examine gifting, philanthropic and tax strategies.
• Liquidity events, such as an initial public offering or a merger or acquisition, may provide income tax and transfer tax planning opportunities. Liquidity events also magnify the need to put in place or update certain essential estate planning documents.

Investment Education

• We delight in providing ongoing commentary on the current economic environment. As clients, we shall keep you abreast of thought pieces, engaging interviews, salient topics.
• Topics will range from market volatility to political news to interest rate and inflation movements, international trade, etc.
• We provide a specialized curriculum for our younger investors – 'NextGen' education. We are excited to engage and to teach.
• At your request, we can take a deep dive into various investment vehicles – what data to consider, how to measure, etc. We can discuss the basics (mutual funds, individual stock issues, etc.) and the esoteric (alternatives, privacy equity, etc.)

Philanthropy

• We help you identify causes that are very important to you, and will facilitate a gifting strategy.
• We can establish a Donor Advised Fund ('DAF') and a Charitable Remainder Trust ('CRT'). We can help you gift either shares (in kind) or cash, and if it is available to you to facilitate a company match, etc.

Access to Morgan Stanley Private Banking Resources and Services

• We provide a complete suite of cash management services, that include our Platinum and Premier Cash Plus platforms, American Express cards, Zelle transfer service, debit cards, etc.
• We partner closely with our private banking team, who can assist you with your lending needs: this can include portfolio loans, as well residential/commercial mortgages.
• NMLS: 1501582

Our Service Model

• We are your dedicated Advisory and Service team within Morgan Stanley's Private Wealth Management Division.
• We are here to answer your questions at any time, and to help with special one-off projects, at any time.
• As for ongoing review, we shall set up more formal meetings in the manner and timing you are most comfortable with – most clients prefer quarterly or semi-annual meetings, either in person or via Zoom.