Personal Wealth

Investment & Portfolio Management

Life much like the investment world is full of choices.  With so many options and information sources, it is nice to know that there is a firm that can develop an investment strategy to help you secure your future. Whether you need to create a portfolio, consolidate your investments, or need assistance managing your portfolio, we can help.

Your Allen & Company Financial Advisor will create a portfolio analysis to help you develop a strategy to diversify your assets and achieve your investment goals.  The portfolio evaluation will provide you with a detailed and comprehensive analysis of your portfolio. By combining both qualitative and quantitative measures, your Financial Advisor can determine the rate of return, level of risk and volatility, and amount of correlation among your assets. Your Financial Advisor will also determine if your portfolio’s overall performance is in line with expectations and help discover key performance drivers.

Your Financial Advisor will also help track your progress and adjust the plan to meet your changing needs and long-term financial goals through regular portfolio reviews.


Retirement Planning

Retirement planning involves three main phases:

Retirement/ Distribution

Each phase often requires a different investment strategy and typically has different risk tolerance profiles. During the accumulation phase, most investors can generally benefit from a higher risk tolerance but as investors move towards retirement, their risk tolerance typically decreases. Your risk profile is one of the factors that will help determine the types of investments that are most appropriate for you.

Let your Allen & Company Financial Advisor help you build a retirement plan that fits your needs and stage in life. We can also assist you with tax-deferred retirement accounts, such as 401(k), IRA, and 403(b) accounts as well as rollovers and pre- 59 ½ withdrawals.

Do you know how much you need to retire?
Trying to figure out how much you will need to live on during your retirement years can be difficult. Your retirement income needs will depend on a variety of factors, including your current age, desired retirement age, and the type of lifestyle you would like to have after you retire. Your Financial Advisor is here to assist you. We can help you envision your future and then create a solid road map towards that vision so that you can achieve your goals.

Your advisor will also meet with you to ensure that you have the right investment strategy for the current market conditions and to factor in any changes in your assets or retirement plans. We can help keep you on the right path towards your retirement plans.

Tax Planning

Regularily meeting to discuss portfolio performance; hosting special events for clients; and learning about the families and businesses that are so dear to their local network, Allen & Company has made walking alongside clients and the community their focus for more than 80 years.

Advisors and client service associates regularly consult CPAs and tax-planning professionals. Advisors purposefully work on behalf of the client to find comprehensive guidance for their investment needs. Allen & Company advisors can recommend a trusted CPA to explain how a professionally tailored investment portfolio can influence a client’s taxes.


Estate Planning

Estate planning is the process of determining how your estate will be distributed upon your death. A sound estate plan will help ensure your final wishes are honored and can also maximize the size of the estate by minimizing taxes.
Some people harbor the false impression that only older or wealthy people need an estate plan. The reality is that everyone needs an estate plan, particularly if you find yourself in any of the following life situations:

Own a business
You are responsible for minor or dependent children
Your elderly parents are dependent on you
If the value of your estate exceeds the amount exempt from federal estate taxes
When you have specific wishes for how your estate is distributed
Desire to avoid unnecessary taxes and probate

Education Planning

Parents and grandparents today have several choices when it comes to providing educational funding for their children and grandchildren. Most states, including Florida, offer 529 plans and many offer a variation on the 529 plan with pre-paid tuition. Other options include Coverdell Education Savings Accounts (CESA, also known as an education IRA), and custodial accounts. Custodial accounts include Uniform Gifts to Minors Act accounts (UGMA) and Uniform Transfers to Minors Act accounts (UTMA).

Each of the different account options has its own unique set of pros and cons and deciding on the best way to save for college can be difficult. Here are some factors to consider:

The amount of your annual contribution
Whether contributions are tax-free or tax-deferred
How your contributions are being invested
Identifying the inclusion of administrative fees
What can the money in the account be used to pay for?
What happens to the money in the account if the child does not attend college?
State of residency
Understand who owns the account, contributor or beneficiary. Account ownership can impact your estate, student financial aid applications, and who controls the account funds and how they are spent.


Life insurance can be easy to overlook but it is a very important component to preserving your wealth and making sure that your loved ones are provided for when you pass away.

To determine whether or not you need life insurance, ask yourself who will be impacted financially when you pass away. Would your loved ones and dependents have enough resources to take care of your final expenses and replace your income? Can they afford to pay someone to provide all of the services you take care of with running a household or raising a family?

If you answer yes to any of the questions below, you likely need life insurance:

Are you married?
Do you have dependent family members, such as children or aged parents?
Do you provide for someone with a disability?
Do you own a business?
Do you have a large estate?
Do you have significant financial obligations such as a mortgage or other loans?

Other common reasons to have a life insurance policy include:

Creates a tax-efficient wealth transfer strategy.
Paying off debts.
Providing continuing income for loved ones.

Today’s insurance market is complex with an array of different insurance policies, including term life, whole life, universal life, variable life, and universal variable life. Each different policy has its own pros and cons and premium rates. Your Allen & Company Financial Advisor can help you determine which is the best policy for you and help you get the most competitive rates. Your Financial Advisor can also help you to determine survivor needs and the amount of coverage you need.

We recommend re-evaluating your life insurance periodically, at least once every three to five years. Changes in your personal situation and lifestyle, such as marriage, divorce, the birth or adoption of a child, or purchasing a new home, can impact how much insurance you need. Your age and changes in your health can also indicate a need to re-evaluate your insurance.


Maybe you want to sponsor an aspiring college student, fund the restoration of a historic landmark, or help a community shelter. There are several ways of doing this and reducing your taxable estate at the same time.

Many clients love helping the community and want to know the different ways to contribute.  Perhaps you wish to leave a legacy of giving by starting your child or grandchild on the path of financial investing.

Whatever your charitable dream is, Allen & Company strategically shows you different avenues to give one-time or periodic donations to your favorite charities or heirs. Additionally, advisors have partnered with CPAs to discuss the tax benefits of giving.

Succession Planning

Building a business is the one of the hallmarks of the “American Dream.” Saving for years and paying debts to grow and sustain a business is no easy task. It is understandable that someone would want their business to continue after they retire.

As a business owner, you have certain considerations before turning over the business to a new owner, be it family,  business partners, or a corporation.  Advisors can help you address such questions as:

How many more years do you plan to own your business?

What are the tax implications of selling your share of the business to family or another company?

How should you structure payouts?

Allen & Company’s advisors collaborate with specialized attorneys to assist you in creating a concrete succession plan that outlines your business for the years to come.

Stock Options

Stock options generally fall into two main categories: incentive stock options (ISOs) and non-qualified stock options (NQSOs or NSOs). ISOs are usually taxed at the capital gains rate but often require the employee to hold the stock for a specified period of time after purchase. NSOs are taxed at the higher ordinary income rate, but employees can sell the stock at any time after purchase, avoiding the risk of holding the stock.

Raising the funds required to exercise your options and the tax ramifications of exercising those options are two of a number of important decisions you will make based on your circumstances.   Your Allen & Company Financial Advisor can work in partnership with your accountant or other tax expert to talk through suggested solutions before you exercise your options and guide you through the process.