Client case studies

Our clients' trust and dedication lead to success.

At Able Wealth Management, we simplify the path to financial success. We understand the challenge of navigating through financial complexity. That’s why we share real success stories from our clients on our website. These client case studies showcase how we’ve tailored strategies for financial planning, wealth management, investing, and more, to achieve their financial goals.

Results Are More Than Just Numbers

Financial success isn’t just about figures on a page; it’s about real results that secure a better future. Our client case studies provide a look into the personalized planning that has significantly improved our clients’ financial situations.

These stories don’t just showcase our methods; they reassure you that for every financial challenge, there’s a strategic solution. Each case study reflects our commitment to putting our clients’ needs first.

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Count on us for financial planning, wealth management, tax planning, and investment management. We’re here to help you make significant changes in your financial life, backed by stories of those we’ve already helped on their path to financial security.

Client Case Studies Financial Success

Financial Planning Client Case Studies

Creative Entrepreneur

Ages

35

Jobs

Graphic Designer

Household Income

$150,000

Profile

Jane, a 35-year-old highly successful graphic designer in the advertising industry, had long felt she was missing out on opportunities to grow her wealth due to her busy schedule. She sought the assistance of a financial planner to help her plan and prioritize her financial goals.

Challenges

Jane’s primary challenge was the difficulty in planning her finances while juggling her frequent projects and deadlines. Due to the inconsistencies in her income, she struggled to keep tabs on her finances effectively. She also needed someone to help guide her on investments and financial planning and provide her with the keen insights she wasn’t accustomed to receiving.

Strategy

We took a customized approach to Jane’s financial profile by having extensive meetings to understand her financial goals, objectives, and challenges. Together, we evaluated these factors with a holistic financial plan and determined the best ways to support her. We began by working out a budget that allowed her enough room to cover her essential expenses while still funding her savings goals. To help Jane overcome her financial challenges, we established a budget to track her income and expenses, set up automatic payments to her savings account once a month, and provided her with tailored investment advice that best fits her financial objectives. This put her investments on autopilot and enabled her to focus more on her work.

Results

With our financial planning guidance, Jane now has a clear understanding of her financial health, allowing her to make more informed decisions, including investments. She has met her savings target, and her investment portfolio is performing exceptionally well, more than she had hoped for.

Our approach helped Jane save more money and provided a step-by-step guide on how Jane should invest her funds. With this guidance, Jane can rest assured that she is gradually growing her wealth, all while staying focused on her work.

Film & TV Writer

Ages

42

Jobs

Film & TV Writer

Household Income

$2,500,000

Profile

Our client is a freelance writer with two teenage children who recently sold their TV and film rights to their latest book for an upfront payment of $2,500,000 and the possibility of significant future earnings. With no prior financial plan in place, the client required guidance in developing a strategy for aggressive saving and investing, estate planning, establishing a business entity, and managing their newfound wealth.

Challenges

The client had no prior experience in managing a large sum of money and required guidance in developing a comprehensive financial plan. They also needed to establish a business entity to manage their future earnings and ensure proper tax planning. Additionally, the client required assistance in estate planning to ensure their assets were protected and passed down to their children in the most tax-efficient manner.

Strategy

Our financial planning firm worked with the client to develop a comprehensive financial plan that included aggressive saving and investing strategies, estate planning, and the establishment of a business entity. We also provided guidance on tax planning and worked with the client’s legal team to ensure all necessary legal documents were in place.To ensure the client’s future earnings were managed properly, we recommended establishing a limited liability company (LLC) and worked with the client’s legal team to draft the necessary documents. We also provided guidance on tax planning and worked with the client’s accountant to ensure proper tax reporting.For estate planning, we recommended establishing a trust to protect the client’s assets and ensure they were passed down to their children in the most tax-efficient manner. We worked with the client’s legal team to draft the necessary documents and ensure proper implementation.

Results

With our guidance, the client was able to establish a comprehensive financial plan that included aggressive saving and investing strategies, estate planning, and the establishment of a business entity. They were also able to manage their future earnings properly and ensure proper tax planning.The client’s assets were protected and passed down to their children in the most tax-efficient manner, and they were able to establish a business entity that allowed them to manage their future earnings properly. Overall, the client was able to achieve financial security and peace of mind knowing their finances were properly managed.

Tech Professional

Ages

41

Jobs

Product Manager

Household Income

$450,000

Profile

John, a 41-year-old professional residing in Los Angeles, approached our financial planning firm seeking expert advice on managing his finances, including his salary of $450,000, Non-Qualified Stock Option (NQSO) grants, and Incentive Stock Option (ISO) grants. With a net worth of $1,000,000 and maximum contributions to his Roth 401k, John sought guidance on integrating an anticipated inheritance, estate planning, aggressive savings for future goals, and optimizing his stock options in light of an upcoming IPO.

Challenges

John’s financial situation presented several challenges, including optimizing his stock options, maximizing savings to achieve his financial goals, and planning for an anticipated inheritance. Furthermore, he needed to minimize estate taxes by strategically using GRATs and CRUTs while ensuring adequate funding for his wedding and future travel plans.

Strategy

We conducted a comprehensive financial analysis for John to develop a customized plan that addresses multiple aspects of his financial life. This included investment strategy, tax and estate planning, as well as philanthropic objectives. A stock option selling strategy was tailored in partnership with a tax expert to align with John’s specific financial goals, such as his anticipated inheritance and upcoming wedding expenses. We aimed to optimize gains while reducing tax impact. Retirement planning involved advice on Roth 401k contributions, backdoor Roth options, and HSAs for tax-efficient growth. We suggested a six-month emergency fund to secure his financial standing during unexpected situations. Strategies were also devised to incorporate John’s future inheritance in the most tax-efficient manner across his portfolio. Lastly, a thorough estate plan, featuring GRATs and CRUTs, was implemented to minimize estate taxes and facilitate a smooth transfer of wealth to his heirs.

Results

Leveraging our expertise, John successfully met his financial objectives via a long-term strategy that combined tax-efficient stock option plans and retirement savings. This was tailored to align with his future financial needs, including an anticipated inheritance, early retirement, and extensive travel plans.

Real Estate Investors

Ages

48 & 44

Jobs

Real Estate Investors

Household Income

$500,000

Profile

Benjamin (48) and Miriam(44) are a married couple investing in real estate for the past 10 years. They own several short-term rental properties in Miami and have successfully generated passive income from their investments. However, they are now looking to expand their portfolio and are seeking professional financial advice to help them achieve their goals.

Challenges

Benjamin and Miriam are facing several challenges in their real estate investment journey. They are looking to sell one of their properties to fund the purchase of a larger property, but they are concerned about the tax implications of the sale. They are also interested in exploring 1031 exchange opportunities to defer taxes on the sale of their property.

Strategy

We identified a 1031 exchange opportunity for John and Jane. They helped them identify a like-kind property to exchange for the property they were selling, which allowed them to defer taxes on the sale.Additionally, we also recommended an Opportunity Zone Fund to defer long-term capital gains from the sale of another property. This allowed John and Jane to invest in a designated Opportunity Zone, which provided them with tax benefits and helped them achieve their investment goals.

Results

We were able to work with Benjamin and Miriam’s CPA to successfully navigate the complex tax laws surrounding real estate investments. They were able to sell their property and invest in a larger property without incurring significant tax liabilities. The 1031 Exchange and Opportunity Zone Fund helped them achieve their investment goals and expand their real estate portfolio.

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Volatility Drag

Volatility drag, often unnoticed by many investors, plays a significant role in the performance of investment portfolios, especially in markets characterized by high volatility. Understanding volatility drag is crucial for making informed investment decisions and managing long-term investment performance.

Understanding Volatility Drag

Volatility drag refers to the negative effect of investment volatility on compound returns over time. It occurs because losses have a more significant impact on portfolio value than gains of the same magnitude. For example, if an investment loses 10% one year and gains 10% the next, the investment will not return to its starting value due to the mathematical asymmetry between gains and losses. This phenomenon underscores the importance of minimizing large fluctuations in investment value to protect long-term returns.

The Mathematics Behind Volatility Drag

The mathematical principle underlying volatility drag is relatively straightforward but profound in its implications for investors. The key concept is that percentage gains and losses are not symmetrical. A 50% loss requires a 100% gain to break even, not a 50% gain. This asymmetry means that volatility (up and down movements in price) can erode the compound growth rate of an investment, even if the arithmetic mean of the returns seems healthy.

Example of Volatility Drag

Consider an investment with the following annual returns: +20%, -15%, +10%, and -5%. While the arithmetic mean of these returns might suggest a modest positive performance, the compound annual growth rate (CAGR) would tell a different story, factoring in the volatility drag and showing a lower effective return than the arithmetic mean would suggest.

Implications for Investors

  • Risk Management: Understanding volatility drag emphasizes the importance of risk management strategies, such as diversification and the use of derivatives for hedging, to minimize significant downturns in portfolio value.
  • Investment Strategy: Investors might consider investment strategies that aim for steady, consistent returns over those with potentially higher but more volatile returns. Such strategies might include investing in low-volatility stocks, index funds, or using dollar-cost averaging to mitigate the impact of market fluctuations.
  • Psychological Aspects: Volatility drag also highlights the psychological challenge for investors who may overreact to short-term market movements. A long-term perspective is crucial for successful investing, as frequent trading in response to volatility can exacerbate the drag on returns.
  • Performance Evaluation: When assessing investment performance, considering both the arithmetic mean return and the compound annual growth rate (CAGR) can provide a more comprehensive view of an investment’s performance, factoring in the effect of volatility.

Financial Planning Fees

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Investment Advisory Fees


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