SEARCH NO MORE FOR PERSONALIZED
FINANCIAL ADVICE & DEDICATED SERVICE
Where are you?
Where do you want to be?
What do you need to do to get there?
We will develop a customized plan to help provide answers and solutions to your financial concerns.
The Center for Wealth Planning is an independent, boutique wealth management firm with offices in Bellport, NY, Palm Beach Gardens, FL and West Palm Beach, FL. We specialize in providing personalized family financial advice and asset management services.
At The Center for Wealth Planning, you’ll have a much different experience. We are a wealth planning based firm. We understand that a fundamental part of wealth planning is effectively managing the challenges of your life today, utilizing personal creativity to overcome those challenges that will help you achieve your goals.
We identify financial related problems, establish goals, create an individualized plan and coordinate with your tax and legal advisors to establish clear, written and unbiased recommendations. We then partner with you to see the implementation process through and monitor our success. We work with our clients, on the same side of the table, to help simplify and enhance the quality of their lives – creating a long-term partnership.
Arthur is a native of Long Island, an alumnus of Bay Shore High School and Dowling College. A Financial Advisor since 1987, and the Founder of The Center for Wealth Planning.
Arthur enjoys the close relationships he builds through the family oriented “mom and pop” financial planning approach. He serves on the Board of Directors of Suffolk County Police Athletic League, Goodfellows of Suffolk County and is the past president of the Long Island Charities Foundation. Arthur is an avid golfer, father of 2 wonderful daughters and has 5 grandchildren.
Jennifer is a native of Long Island, an alumnus of Shoreham Wading River High School and Hofstra University. Together with her husband, Arthur, she co-founded The Center for Wealth Planning.
As a financial advisor, Jennifer is able to utilize her love of mathematics and passion for helping others to personalize her clients’ portfolios. Jennifer stays actively involved in the 403(b) market serving educators and their families throughout Long Island and in South Florida. Jennifer is an avid horse racing fan and part owner Kid Cruz who ran in the 2014 Preakness.
An advocate for Animal Rights, she regularly helps collect needed items for animal shelters and is in the process of establishing a new charity to raise funds for established animal causes.
Steve resides in Jupiter, FL and is married to his beautiful wife Christina who is a native of Jupiter. They have two children, Stephen and Callie. He was born in New York and raised in Virginia Beach. He is an alumnus of Old Dominion University and the University of South Florida. He began providing investment management and investment advisory services to wealthy families and institutions in the Tampa area over 9 years ago working with assets ranging from $5 million to over $400 Million in Value. He is in the process of completing his CFP® (Certified Financial Planner designation) and CFA® (Chartered Financial Analyst Designation). A true Floridian heart, when he’s not with clients you can find him somewhere on the water – at the beach, diving, fishing, or searching out new waterfront tiki bars and restaurants.
In his practice he is focused on providing straightforward, comprehensive and unbiased advice to:
– HNW and UHNW individuals and families who have a significant portfolio concentration of or exposure to residential or commercial real estate, or other privately held enterprises (e.g. Real Estate Investors, Developers, Managers, Contractors, Suppliers, Brokers, etc.)
– Doctors and other Medical Professionals
– Florida Retirement System Members (and City Municipal Pension Plan Members) in Palm Beach and Martin Counties primarily through our relationship with the Palm Beach County Police Benevolent Association
– Family and Friends of existing clientele who can benefit from our expertise
Each client receives custom financial recommendations and an investment management plan (encompassing managed and private holdings) geared towards their unique financial goals and objectives. We build these recommendations around life events such as retirement, wealth transfer, business succession planning, income and asset protection with a focus on five main areas:
1. Minimizing Taxes (both Income and Estate)
2. Identifying acceptable levels of risk and guiding you towards achieving risk-adjusted returns both in your securities portfolio and held away assets (real estate, privately held businesses, deferred comp, etc.)
3. Managing Liquidity Needs and Maximizing Cash Flow
4. Creating Sustainable Retirement Income
5. Minimizing the Burden of Probate and Death Taxes on heirs
His unique approach is driven by his entrepreneurial background, competitive nature and passion for success – both personal and for that of his clients. A relationship starts with a brief meeting to get to know each other. Call Steve at (561) 459-9276 to schedule a no-cost, no-obligation consultation to see where he can help your family.
Michele was raised in Bayport, NY, is an alumnae of Bayport-Blue Point High School and Suffolk Community College where she achieved an Associate Degree in Business Administration.
Prior to joining The Center for Wealth Planning in 2001 as Administrative Assistant to Arthur Abrahamsen, Michele worked for Prudential Financial Services for 15 years. Michele’s career advanced and she became a financial advisor when she obtained her Life, Health and Variable Annuities, Series 6 and 63 licenses in 2008 and her Series 65 license in 2013.
Michele is married and the mother of 2 children and 4 step-children.
Unlike many firms that are driven with a sales mentality, we offer only one service : PERSONALIZED and COMPREHENSIVE Planning. We’ll dive as deep as we need to help your family achieve your financial goals.
Where are you? Where do you want to be? What do you need to do to get there? We will develop a customized plan to help provide answers & solutions.read more
You won’t find us trying to fit you into a proprietary investment model. Your goals and needs are unique to your financial situation. We take the time build your investment plan.read more
We’ll help you Minimize Taxes and Maximize Gains through proactive communication with your tax adviser and ongoing analysis of your current tax position.read more
Estate & Charitable Planning
Our goal is protecting your assets from the time and expense of probate, minimizing estate taxes, and protecting assets from creditors and divorce – while transferring them to the next generation.read more
Owning and operating a business is challenging and time consuming – we know, we are business owners ourselves! And, not every business has a full time CFO.read more
Risk Management & Insurance Services
We aren’t your Grandfather’s insurance agent. We’re your advocate. How much coverage do you need? What type? For what purpose?read more
Where are you? Where do you want to be? How much will you need? What do you need to do to get there?
We will develop a customized plan to help provide answers and solutions to your financial questions.
Our goal is simple: to make retirement planning as easy and stress free as possible. We will work with you and your professional advisers to put a plan in place and ensure a smooth, successful transition into the freedom of retirement.
NEVER GENERALIZED, ALWAYS PERSONALIZED
Don’t Accept Generalized Advice. Everyone’s Situation Is Different. We’ll take the time to get to know you and provide advice based on your individual situation.
PASSIVE & LOW-COST
No one can consistently time the market. It is proven to fail when tested over long periods of time. We try to use passive, low-cost investments that consistently perform in the top 30 percentile of their peers.
BROAD MARKET EXPOSURE – DIVERSIFICATION
Not individual stocks or bonds, but we can offer investments with exposure to various companies and countries outside of the United States. International investments are subject to the special risks associated with investments in foreign securities, such as erratic market conditions, economic and political instability and currency exchange rate fluctuations
CASH IS KING, Cash Flow trumps volatility and prevents bad habits. Our goal is to let our clients be able to feel the confidence of the cash flow generated rather than the stress of worrying about their daily account balances.
UTILIZE GUARANTEES ONLY WHEN NEEDED.
Guaranteed income is truly necessary to meet your objectives. Guarantees are based on the insurers ability to pay.
EXECUTE ON THE PLAN, TUNE OUT THE NOISE, IGNORE THE MEDIA and BE DISCIPLINED.
Our strategies are clearly focused on your personal goals with an understanding of your fears and aspirations, not a return number we compare to our peers. Our focus is not beating the S&P 500! The S&P 500 is not our client, you are!
We’ll meet with you as frequent as you need, to review our progress and make changes. The planning process is dynamic and will change from time to time as life needs change – we’ll be by your side the entire way.
We want to help you Minimize Taxes and Maximize Gains through proactive communication with your tax adviser and ongoing analysis of your current and future tax liabilities. We want to utilize available tax shelters, harvest tax losses and position your investment portfolio in a more tax-efficient manner.
Ask yourself, is your CPA and Financial Adviser consistently and proactively communicating to minimize your tax burden? If not, it’s time for us to talk.
Estate & Charitable Planning
We’ll help you determine what structure is appropriate for your family and future generations – and we’ll walk you through implementing it.
Our Four Major Goals:
– Avoid Death Taxes
– Avoid Guardianship
– Carry on Your Legacy
– Protect Your Spouse & Children
We will work with you make important financial decisions for your business – from choosing the right retirement plan to structuring buy/sell agreements with partners, making new equipment or real estate purchases, acquisitions of another company or developing a tax-efficient exit strategy – we’re your financial counsel.
Risk Management & Insurance Services
We aren’t your Grandfather’s insurance agent. We’re your advocate.
How much coverage do you need? What type? For what purpose?
We will help you figure out the details. We are simply here to help provide objective recommendations and solutions for your insurance needs to protect your family’s income and everything you’ve worked hard for (your assets).
The roots of The Center for Wealth Planning date back over 28 years when Arthur Abrahamsen, fed up with the corporate world’s politics, the antics of Wall Street and the poor, self-serving, and convoluted advice that many financial advisers offered, began his independent wealth planning practice.
We are not owned by a bank, mutual fund company or insurance company. We do not sell proprietary products that we receive incentives to sell, we do not underwrite stocks and we do not make loans. We are singular in focus, and that focus is to provide objective and unbiased financial advice that you need to achieve your financial goals.
Your Interests, Not Ours
Like your physician, CPA or attorney, we know acting in your best interest is not only our legal obligation, but it’s the way we get a good night sleep. Our advice is specific to your individual needs and comes with no strings attached.
Honest & Transparent
In today’s world, there are global banks running brokerage firms that push their clients into buying a product just to meet a sales quota with hidden traps and undisclosed fees. We aim to set ourselves apart by always being fully transparent. We’re ALWAYS available to answer whatever questions clients have, no matter how small, no matter how specific.
We do not charge for our initial consultations, planning sessions, existing financial plan or portfolio reviews. Why ? We wouldn’t charge our own family. We start every client relationship with our best foot forward, doing what is right and investing our time in your success. The old fashioned way – relationships first not revenue.
Where You’re At, Where You’re Headed and Where You Need to Be – isn’t that all you really care about? We’ll provide you the 2″ thick binder of analytical reports, pie charts and graphs that will be outdated by the time you leave our office, but we prefer to minimize the big words and the industry jargon and keep our planning and recommendation to a concise 2-3 page “Snapshot” – so it’s easy to understand and the plan is seamlessly executed.
Most of our clients come to us with a small need or question which develops into the identification of problems or goals that they didn’t even know existed. Why does this happen? Our country educates on nearly every subject except finances, and this world is a MAZE to navigate. We’ll provide you the education you need to make an informed decision.
Our Approach is Safety in a World of Unpredictability
Today, the Financial World is chaotic, confusing and noisy.There is not enough reliable information to make wise decisions. Volume goes up, reason goes down and FEAR drives emotional reactions and poor decision making. Up markets build bad habits – and who has discipline these days?