Asset Allocation
When it comes to investing, studies have shown that more than 90% of the return comes from choosing the right asset class, not from choosing the correct stock or bond.

Where many talk of asset allocation in terms of stocks, bonds and cash, we use 10 allocation categories. We do so to find vehicles whose movements do not correlate. This approach is intended to provide added downside protection while permitting growth of the portfolio.

Estate Planning

• What kind of will do you need?
• What are the advantages of various trusts?
• Do you need to set up trusts?

Working with you before you visit an attorney can save you money and ensure that you have the right questions to ask the attorney regarding your estate.

We also suggest (and may assist in drawing) living wills for our clients. We believe that a living will and a medical power of attorney are necessary documents. Our rationale is simple:

• It is bad enough that the state will direct what happens to your money if you die without a will (intestate);
• It is intolerable for the state to control what happens to your body if you are in a coma, still alive, and unable to make your desires known.

Retirement Planning
Longevity is increasing. Social Security is running out of money. It is estimated that "baby boomers" are setting aside little more than 1/3 of what they will need to retire comfortably. HFH Planning assists clients in discovering where they are financially and what they need to do to enjoy retirement.

Risk Management

• Do you have insurance?
• What insurance do you need?
• Are you over or under insured?
• What area should you consider self-insuring?

These are the questions HFH Planning will work with you to answer. And the HFH difference is that if we recommend you buy insurance, we will work with you to find the best place to purchase it. We will not receive any commissions or referral fees.

Tax Planning vs. Tax Preparation
Most individuals see their tax preparer once a year, between February 1 and April 15. Tax preparation time. What they get is tax preparation – what they need is tax planning. HFH Planning provides pro-active tax planning advice. Our suggestions will help save you money that you had been sending to the IRS.

Most people employ the same tax-preparer every year. Some tax preparers have started doing returns by rote. HFH Planning examines your individual return to ensure that deductions available to you will be used in the future.

Cash Flow Analysis
Understanding spending patterns is an essential step in controlling cash flow. Our emphasis is on raising client awareness, not simply establishing a budget.

College Cost Planning
The cost of sending children to college is growing. HFH Planning assists in establishing a spending plan, advising which college-savings and insurance policies are available, and which colleges are affordable. We also provide direction on financial aid resources.

Health Care Planning

• Which medical plan should you choose?
• Is there a need for long term care policies?

We assist our clients in answering these and other related questions.

Tax Preparation
Tax return preparation and filing is available for those clients with uncomplicated returns.