Financial Advisor NJ
Financial Advisor New Jersey
Thank you for spending a moment with Mullooly Asset Management, Inc.! If searching for a financial advisor in NJ has taken up your valuable time, the good news is your search is over! At Mullooly Asset Management, we oversee investments and build financial plans for individuals and families who realize the significance of looking beyond today regarding their financial securities for tomorrow.
It’s true that money doesn’t grow on trees, but money can and does grow when it is invested in just the right ways to generate long-term wealth. Nothing could highlight that more powerfully than one person, in particular, who has understood the intrinsic value of financial planning and investment: Warren Buffet.
Mr. Buffet is considered one of the most successful investors on the planet with a net worth of more than $100.6 billion as of June 2021. Mr. Buffet began his first investment journey at the tender age of 11 which kicked off a lifetime of investing – and the rest, as they say, is history.
Though you may not achieve the wealth of Warren Buffet, you can partner with a financial advisor at Mullooly to create wealth of your own! It’s all about reaping the rewards of financial planning and asset management that, collectively, helps one’s future become, financially, rock-solid.
Financial planning services are more accessible than ever before. Our financial advisor team will take a holistic view of your needs and dreams as we instill confidence during times of uncertainty. From paying down student loans faster, to saving money at tax time, to funding retirement, we’ll partner with you in mighty ways!
Our Fee Structure – Clear & Simple
One of the questions our clients ask is how we get paid. Our fee structure is simple and transparent. Our fee-only financial advisors are compensated by the fees our clients pay us. As a fee-only investment advisory firm whose genesis goes back to 2002, we are different from other financial advisors, brokerage firms, and insurance salespeople posing as financial planners. Our NJ clients appreciate the fact that:
- We receive no hidden fees, kickbacks, or commissions.
- Our fees are billed, quarterly, in advance – we offer online bill pay.
- Fees are based on the total value of one’s assets we have under our management, on the final day of the prior quarter – we make it easy for you to calculate your fee. For potential clients with less than $250,000 in investable assets, we offer a monthly subscription service.
- We have a fiduciary obligation which keeps our fees as low as possible. As fiduciaries, we are required to be unbiased, transparent, and act in your best interest – and we do!
What Makes Up an Investment Strategy?
Our NJ clients’ needs are personalized which means no two investment campaigns are exactly alike. There is no ‘one size fits all’ investment strategy. How you choose to manage your investments and financial planning would depend on the value of your assets, your income amounts, what type of realistic lifestyle you envision upon retirement, what you desire to leave behind regarding estate planning, and more.
All these factors play significant roles in how our NJ clients formulate their decisions to meet their financial life goals. Our financial advisors would be with you, every step of the way, to determine how your money would be best positioned to work the hardest and generate the greatest yields and returns.
Knowing Your $ is Working for You = Peace of Mind!
A portfolio of your financial future would ensure your financial ducks are, all, in a row. That would translate into two things money can’t buy: confidence and peace of mind! Our financial advisor team is ready to open doors to financial planning and investing you, probably, never knew existed!
Getting into the nitty-gritty of your financial landscape would begin with lots of questions that would include:
Planning Your Income Needs
- How much will you need, upon retirement?
- What will be its sources?
- What age would be the most advantageous to begin Social Security?
- From which investments should you draw income?
- Which pension option might be best
You want a consistent and reliable stream of income during every year of your retirement
Planning Your Investment Needs
- What degree of risk are you willing to embrace?
- Will your investments be, correctly, coordinated?
- Will you utilize low-cost investments?
- Will your ROI be commensurate with the risk amount you are taking?
You want to earn potential gains with a portion of your assets in the market!
Planning Your Health Needs
- How will you navigate Medicare?
- How will you pay for medical expenses not covered by Medicare?
- Will you require, or opt for, long-term care insurance?
You want your assets shielded from skyrocketing health-care costs!
Planning Your Tax Needs
- How will your tax requirements be minimized?
- Would a Roth conversion work well for you?
- How ‘tax efficient’ will your withdrawal strategy be?
- Will you be able to bypass capital-gains tax?
You want to utilize strategies that will reduce your tax burden and not allow taxes to derail your retirement!
Planning Your Estate Needs
- Are your transfer-of-wealth designations and/or beneficiary designations in place?
- What might be included in your will, power-of-attorney, and healthcare directives?
- Will you require a trust?
You want to leave a meaningful legacy to those you love!
It’s All About Being Prepared
There’s an adage that rings true: Failing to plan is planning to fail. Though the words are succinct, they are potent. According to Bankrate, 61% of American consumers wouldn’t have $1,000 in savings to cover an emergency expense. This, powerfully, demonstrates the critical importance of taking financial planning, seriously.
When your regular income no longer exists upon retirement, will you be prepared to maintain a financially-comfortable lifestyle? You, certainly, can if you plan ahead to build a sound ‘nest egg’ that will serve as a financial lifeline when you reach retirement age. We will tailor a financial plan that would meet your most valued aspirations!
We’re Family Owned
Located on the Jersey Shore, our financial-advisor firm doesn’t utilize call centers – when you contact us, you will reach one of our team members. Our four advisors – Tom Mullooly, Owner and Founder of Mullooly Asset Management, Inc., and three sons – work hand-in-glove serving hundreds of families in NJ. We, currently, manage $315 million in assets.
We would love to meet with you, but if you feel you’re not quite ready to take the first step towards financial security, download our free report: 4 Steps to Prepare for the Next 25 Years. We hope it empowers you!
Our Approach is Simple
Fit Meeting: This is a 20-30 minute meeting via zoom, over the phone, or at our office. There is no obligation. We wish to become acquainted with you and become familiar with your financial objectives. This is an ideal time for lots of questions! Are we a good fit? Let’s find out!
Data Gathering: If the fit is one that is mutually agreeable, we would create a secured encrypted portal allowing you to upload documents to share with our team. Our ongoing communications would align with your preference – email, zoom meetings, phone calls – whatever works best for you!
Planning Review: Here, we begin putting together the building blocks of your financial plan. We would, also, construct a balance sheet and personal financial statement based on the information you have provided.
Measuring Risk: Determining your tolerance for risk is extremely important, and we have the tools to measure that. We would, also, measure the amount of risk embedded in your existing investments. At this point, we would have a good feel for the next move forward.
Specific Investment Discussion and Implementation: A specific investment path would be discussed as well as how to, ideally, implement it. As a fiduciary, we are mandated to fully understand your situation prior to making investment recommendations and planning suggestions. This method has proven to work very well for our NJ clients and our team!
If you are ready for a Fit Meeting, at a date and time that caters to your schedule, just click https://mullooly.net – we look forward to meeting you!
Let’s Discuss Your Future!
NJ residents can connect with our financial-advisor team by: