WHAT WE DO

Our Purpose

While we offer retirement planning, business services, estate and tax planning, education funding strategies, investment management, and insurance products, none of these are “what we do." At Baystate Financial, our purpose is to assist individuals, families, and businesses in achieving financial independence by serving as their true partner every step of the way.

Our Process

Initial Meeting

Let's get to know each other. We'll dive into your goals, your worries, and your current approach to finances.

data gathering

We'll put everything on paper—your current accounts, savings, debt, and any insurance plans.

plan development

The fun starts here! We'll draft some next steps and recommendations for your review.

plan presentation

We'll meet again to discuss our findings and recommended strategies, and ask for your feedback, questions, and thoughts.

implementation

It's time to put your plan into action. We're here to make it happen. Maybe it's contributing more to your 401(k), purchasing life insurance, or creating a new investment portfolio.

monitoring & check-ins

We'll meet with you regularly to monitor how things are going. If something isn't working right, we'll get you back on track. If you have questions or thoughts, our ears are open.

Financial Planning
Fee-based financial planning

A financial plan can provide clarity and direction around your personal, professional, and financial goals. This is not a product or investment. While developing your plan, we may consult with your other advisors (CPA, attorney, etc.).

A fee-based financial plan can help you with:

Ongoing cash flow strategies
Tax reduction strategies
Legacy planning & wealth transfer
Estate planning solutions
Early retirement & saving for retirement
Risk management
Ownership & beneficiary strategies for tax planning

Asset Management
Investment-based / asset management fee

A customized portfolio utilizing asset allocation strategies can help manage market risk and provide a disciplined approach to investing.

Some unique qualities of asset management:

Asset management is available for a wide range of account sizes.
Your portfolio can be adjusted as your investment goals, income, and lifestyle change.
Your have 24-hour access to online accounts showing detailed net worth, account holdings, activity, and performance.
Your annual management charge us based on the amount of assets, not on fund selection or number of trades.

Product Solutions*
Product-based / transactional

The purchase of financial instruments can help address relatively simple needs.

Investments:

Mutual funds
Exchange-traded funds
529 plans
Retirement accounts for individuals & business owners (Traditional IRAs, Roth IRAs, Simple IRAs, SEPs, 401(k)s, Profit Sharing Plans)

Insurance:

Life insurance
Long term care insurance
Disability income insurance
Group health & dental
Fixed & variable annuities

*Implementation of specific products or services may result in commissions or fees outside of the scope of a financial planning fee

Ready, Set, Plan

Book a Call

What We Do