A Retirement Mindset Study by Fidelity Investments found that nearly three out of four baby boomers across the country do not have a written financial plan.
Not saving for retirement can leave a person financially and emotionally stressed, and a lack of an estate plan can create a myriad problems for those left to deal with an estate once a person passes on.
Surprise situations like the novel coronavirus pandemic remind you there are no guarantees in life, and the realization soon dawns upon us that written financial plans are a critical need. For the many who don’t know where to begin, their questions can be answered by financial advisers.
Enter Maner Costerisan, who recently announced the launch of its new wealth management division, Maner Wealth.
“We’ve seen a tremendous amount of market volatility over the last few months, which has highlighted an already critical need for financial planning in America, said Michael Nordmann, the recently appointed principal and chief wealth officer at Maner Costerisan. “Maner Wealth is committed to filling that gap — and offering solutions to help get people on track today and in the future.”
Maner Wealth will leverage a variety of expertise from across Maner Costerisan to develop plans that consider every aspect of their clients’ personal lives.
“No matter the level of investments or where one is on their financial journey, when it comes to money, most people lack clarity and confidence about what to do and how to do it,” said Nordmann. “COVID-19 has exacerbated the fear and stress people experience around their finances. We’re here to help mitigate the stress and help develop a plan to move forward.”