Your Partner for Retirement
Most financial advisors are only interested in managing your investment accounts; however, investing is just one part of your retirement plan.
As a CPA Firm and Registered Investment Advisor, we provide you with a full suite of tax services, income planning, and investment advice as part of our core wealth advisory service.
At M.K. Byrne & Co., we provide clients with a comprehensive advisory service because we want to help you make the very best financial decisions—and we want to simplify your life.
The Planning Cornerstones
Income Strategy
Your income strategy is a key element of your retirement plan. As CFP® Professionals, we will work together to fund your desired level of retirement spending.
Investment Plan
Investing is a key part of any modern retirement plan. As a Registered Investment Advisor, we will work with you to navigate financial markets over time.
Tax Planning
Taxes are a retiree’s largest expense. As a CPA Firm, we will develop and implement a personalized tax plan to reduce your taxes and preserve your wealth.
Risk Management
Life can present different risks that need to be managed. We will help you to identify and address these evolving risks throughout your retirement years.
Frequently Asked Questions
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We generally work clients who are approaching retirement and focused on developing a detailed retirement plan as well as those clients who have already retired. As a result, our client base tends to be individuals and couples over Age 50.
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Our detailed retirement planning service tends to be most impactful for those clients who would like to retire within the next 3 years. However, new clients often include those who have already retired but like the idea of consolidating their ongoing tax and investment needs with one advisory firm.
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We charge an annual advisory fee of 1% on the first $1 million of investment assets and 0.50% on any investment assets above $1 million. Our annual advisory fee is earned daily, billed quarterly, and it covers all tax services, retirement planning, and investment services that you receive.
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Yes. We are a fiduciary. This means that we have not only an ethical obligation to act in your best interests, but also a legal obligation to do so.
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We are NOT paid any commissions on any advice or recommendation that we make. The only type of compensation that we receive is our annual advisory fee.
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All client accounts are held in each client’s own name at Charles Schwab & Co. As a client, you would authorize us to work with Charles Schwab to facilitate ongoing trading, tax planning, and cash management activities within your accounts. You will always maintain access and full control over your Charles Schwab accounts.
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Interested in how we build your retirement plan?