W&F Issue 3 2018

Wealth & Finance International - Issue 3 - 2018 15 Services Provided with Integrity Combining professionalism and flexibility, Wolfgang Capital LLC, alongside its affiliated insurance services company, Wolfgang Financial Group LLC, work hard to put together a comprehensive financial plan including; Risk Assessment and Asset allocation, income planning, asset maximization, healthcare planning, legacy planning and tax strategies. Zachary outlines the company’s overall goal, mentioning that the client is at the forefront of the team’s mind and they help them every step of the way. “Here at Wolfgang Capital LLC, our goal is to make sure our clients are not educated on what they have, but why they have what they have, and how it’s fitting into their overall plan. When we are finished, they will know everything there is to know about their finances. Typically, our clientele are people who are planning for retirement, or who are in retirement, and we assist them all the way to the end of their planning stages. Both phases of the process are completely different and should be handled accordingly, and we put in a real effort to help them understand their needs.” Being a family owned business, the team at Wolfgang treat their clients as though they are family, and this is the motto that the firm lives by. Zachary explains what techniques and steps are taken in order to ensure that the right processes are taken to incorporate clients into the work. “In order to integrate a family feeling into our company, we have a process which starts off with getting to know them and their situation. Clients fill out two separate questionnaires so we can understand their risk tolerance and how they feel about situations. Then, we want to establish the right asset balance they should have in retirement, and from there we look at income planning which includes inflation, social security and spousal continuation planning. “After income planning, we move on to asset maximization, where certain assets should be based on risk and whether the accounts are qualified or non- qualified. Services offered throughWolfgang Financial and Insurance Agency LLC are Medicare and long-term care planning, and finally, we move on to legacy and tax strategy planning with the help of third party attorneys and CPAs when necessary.” Working in such an important industry like the financial sector, Zachary and the teammust ensure that they provide clients a good service. Having discussed the caring and family nature of the firm’s service, Zachary comments on what methods help to reach the desired outcome, citing communication as vital to a successful process. “We deliver a high standard of service and transparency. As such, we establish a communication plan that breaks down how often they want to meet, how they would like to be contacted and we have them sign the communication plan which goes into their online account so it holds us accountable. Also, we employ services of third-party individuals when necessary, to make sure our clients are getting the service and advice that they need.” With the finance market constantly evolving, along with clients’expectations rising, the firmmust ensure that it stays ahead of any potential advances which will have an effect on the sector. Zachary tells us what he does personally to help the firm adapt, and how educating both the team and clients is key in this regard. “Looking ahead, we are always seeking to improve our services. Since we are constantly educating our clients and our staff as the economy and laws change, I am always researching and travelling to attend training events, as well doing ongoing education to keep up with the changing times and take great pride in doing so. Continuing education and trainings do take up a big part of our daily operations.” Moving forwards, there are exciting times ahead for Wolfgang Capital LLC as the firm has just started the process of looking into acquiring new and existing firms to help grow its business and expand into new territories. Services Provided with Integrity Wolfgang Capital LLC is a retirement planning firm offering services to clients. We aim to find out more about the firm as we speak to Financial Advisor, Zachary Herzog. Contact: Zachary W. Herzog Address: 28765 Single Oak Dr, Ste 150, Temecula, California, 92590, USA Phone: 951-200-5084 Web: www.wolfgangc.com