WealthCare Financial is a Florida-based financial advisory firm that works with various clients in the Miami area as well as Coral Gables. Our financial planning team will help you attain your financial goals. We have 25 years of experience in wealth management, retirement planning, and investment management.
Our team consists of financial advisors, CPAs, certified financial planners (CFPs), and other financial professionals. This allows us to provide quality financial advice, based on your unique financial situation, that helps you feel secure about your financial future.
Wealth Management and Financial Planning From Knowledgeable Wealth Advisors
At WealthCare Financial, our team of fiduciaries provides clients with a comprehensive financial plan. This plan will make sure that all of your financial needs are covered from an investment strategy to risk management. As fiduciaries, we are required by FINRA to give investment advice that is always in your best interest.
Our Financial Advisors’ Top Priority Are Your Financial Goals
As one of the top wealth management firms in South Florida, our advisory services are determined to provide clients with the right solutions. These solutions can range from portfolio management to, life insurance or you might just be looking for a financial consultant to give you guidance.
Financial Planning Services We offer in Miami, Florida
Whether you’re a young professional living in Fort Lauderdale or a retiree living in Miami Beach, we offer a wide array of financial planning services.
Investment Management
Investment management should not be based on a “cookie-cutter” approach. Our investment advisors and CFA’s work with you to determine your risk tolerance, time horizon, and financial goals. This will ensure you have the proper asset allocation within your investment strategy.
Retirement Planning
Do you plan on staying in Miami when you retire or moving away? These are important factors to consider when planning for retirement.
When starting the process of retirement planning, you need to make sure you have a trustworthy and knowledgeable financial professional by your side. Next, it‘s understanding your goals personally and professionally to determine your future financial needs. Having a good financial plan equates to excellent asset management.
Estate Planning
Having a Will or Trust is just the start of your estate plan. This will ensure that all of your assets and final wishes are distributed properly to your family. If you have a high net worth, it‘s vital to work with a CFP, CPA, and estate planning attorney who serves as our referral partner.
Tax Planning
Does your advisor regularly discuss taxes with you? Taxes play an important role in your financial plan and knowing how to maneuver through the tax code. At WealthCare, our financial advisors work with our in-house CPA to make sure that all of our clients have a better understanding of tax deductions and tax loss harvesting.
Financial services for business owners in Miami, Florida
WealthCare Financial understands working with business owners in Miami and all over South Florida. Whether you‘re a single business owner looking for a tax-efficient retirement plan or a business owner with over 50 employees wanting to add an employer-sponsored retirement plan, we can help. Depending on your specific situation, we can recommend different strategies that will benefit you as the business owner and your employees.
Other Financial Planning Services We Offer
Being a Florida financial advisor requires an understanding of investments outside of the stock market, such as real estate. Our team of advisors knows that to have a well-diversified financial plan we can‘t just focus on investment advisory. We help our clients understand alternative investments through Real Estate, Private Equity, and private placement.
Our Clients Trust Our Wealth Management Team
WealthCare Financial is in the business of building long-term relationships with our clients.
A big part of financial success is trust in your financial advisor. Our clients trust us. Here are some of our reviews from Google.
“Highly recommend Wealthcare Financial, very happy with their services. I have been working with Shaun and Mike for about 3 years now after being recommended to them by a friend. They have been helping me with my financial planning since graduating from residency. Great guys, trustworthy and knowledgeable. Easily accessible and quickly answer financial questions I have. They coordinate with my CPA to help make the best decisions for me. I always feel they have my best interest in mind. I am very grateful to have these guys on my team and I am in a much better position now than I was 3 years ago.” DR. DAVID TRAFICANTE
“I have been working with Shaun Tarzy & Michael Boggiano in WealthCare Financial for almost a year. Managing personal finance while working in a busy job can always be stressful. It is a great relief to find someone knowledgeable and trustworthy who can help you. Both Shaun & Michael are very professional with solid work ethics. I value their advice, and strongly recommend them to anyone who is looking to grow their financial base.” DR. MAYANK ROY
Common Questions We Get About Financial Planning
How much does it cost to talk to a financial advisor?
The initial consultation with a financial advisor should always be free! Depending on your financial needs, there can be an additional cost to build a financial plan or an investment plan. If you‘re looking for a transactional relationship there usually isn‘t a cost.
Financial Planning & Fee Schedule
| Portfolio Value | Fee |
| $0 – $1,000,000 | 1.50% |
| $1,000,000 – $2,000,000 | 1.25% |
| $2,000,000 – $3,000,000 | 1.00% |
| $3,000,000 + | ≤ 0.75% |
Other Financial Planning Fees
On average a financial plan will take approximately 5 – 15 hours at $300/hour
Investment Plan: approximately 1-4 hours at $300/hour.
Solo 401(k): Initial cost $1,500 with an ongoing annual fee of $199/year.
Financial Planning Retainer: $199/month – $495/month depending on the complexity of the plan.
How much money should you have before getting a financial advisor?
You might think you need to have Brickell avenue money to hire a financial advisor and that’s not true. There’s not a set dollar amount, but having a steady income and at least three months in savings will put you in a better position to work with a financial advisor.
Can a financial advisor help with debt?
If you have student loans or any type of debt, you should make sure you work with a financial advisor that will help you look at different strategies to pay it down. The financial advisors at WealthCare will review different amortization schedules that will show you how long it will take to pay off and how much it will cost you in interest.
What are the benefits of talking to a financial advisor?
There are enormous benefits you can take advantage of just in an initial consultation with a financial advisor. A financial advisor will help you set realistic expectations for your financial goals and educate you on different products such as Mutual Funds, ETFs, Life Insurance, etc.
What should people do before getting a financial advisor?
Before working with a financial advisor, you should organize all your financial statements. These statements include any investment accounts, bank statements, debt statements, and any other information you think would be important for your financial professional. Lastly, find an advisor that you can trust and make sure to review all their disclosures.