Developing the Plan consists of the following:

• Develop a mission and strategy for your wealth, including short, mid, and long-term objectives
• Prioritize those objectives
• Determine the ultimate purpose of your wealth
• Identify, determine, and establish roles for each service provider – asset managers, bankers, lawyers, accountants, consultants – involved in the management of your wealth

Implementing the Plan consists of the following:

• Initiate duties to be performed by each service provider with adherence to long-term strategy
• Utilize effective decision-making processes to achieve desired results
• Secure, protect, and grow your assets in-line with strategies outlined in your plan

Governing the Plan consists of the following:

• Continual evaluation of each service provider’s effectiveness in managing your wealth
• Generate reports to compare results vs goals to objectively determine progress towards the defined plan objectives
• Access information technology portals to continually monitor all aspects of your plan and service providers

Asset Allocation/Portfolio Management

We adhere to a rigorous implementation of an investment strategy that attempts to balance your risk versus your reward.

We do this by adjusting the percentage of each asset in your portfolio, according to your risk tolerance, goals, and investment time-frame.

ONYX‘s focus is on the characteristics and growth potential of your overall portfolio.

Investment Needs Analysis & Recommendations

Our investment advisory services are built around you. Long before we offer you any investment advice, we take the necessary time to get to know you – and your family – to identify your investment needs. ONYX will also use this time to educate you on the risks and opportunities associated with global capital markets.

Family Guidance and Education

As one of ONYX’s clients, working with you also means that we work with your family, as much desired, to accomplish your wealth management goals. Having your most trusted family members and individuals on the same page helps to ensure we strive for a common goal.

As your family advocate, we also want to provide you and your family with the necessary tools to make wise decisions and recommendations that we can implement into your overall financial plan.

With a deeper understanding of the financial principles used to develop the strategies to achieve your goals, you can more effectively define your short, mid, and long-term goals.

Retirement Planning

ONYX understands that your life in retirement will be longer than your career. We also understand that this can present challenges in retirement planning, if this is not clear or considered.

Our solution is to construct a plan with you that incorporates your 401k plan, pension, deferred compensation, employer-sponsored annuities, and more.

Insurance Planning

Insurance is an important element of any sound financial plan. Various kinds of insurance plans help protect you and your loved ones in different ways against the cost of accidents, illness, disability, and death.

Although accidental losses are unforeseen and unplanned, ONYX will continually identify, analyze, evaluate, and treat loss exposure by partnering with the best companies to provide the most all-encompassing coverage possible.

Estate Planning

Estate planning is a vital part of your overall financial plan. Estate planning can give you greater financial control, privacy, and an opportunity to leave your estate to your loved ones. ONYX‘s network of dedicated professionals includes estate planning specialists from around the country.

Our goal is to ensure that your accumulated assets and property will be transferred to those you have identified, as quickly and with as few legal hurdles as possible.

Additionally, we also work with estate planning specialists to implement the most effective wealth transfer strategies, to ensure that potential estate tax consequences are minimized so that the maximum value of your assets can be transferred.

Foundation Establishment

With the assistance of our legal professionals, ONYX is available to help its clients’ establish 501(c)(3) type-foundations to pursue their philanthropic goals.

Making sure to adhere to the various and ever-changing tax and legal requirements, we develop the proper organizational structure and tax reporting documents needed to remain in compliance and to accomplish the stated mission of the foundation.

We also assist all clients in identifying specific charitable organizations you may want to partner with; in addition to seeking sponsors and donors, who can expand the reach of your foundation.

Comprehensive Tax Planning

One of the most overlooked aspects of a wealth management plan is the lack of proper attention to tax planning. Proper tax planning is essential to achieving your financial goals.

ONYX aims to communicate with you, your employer, and our accounting specialists, to ensure you receive year-round tax planning. We begin each year with an action plan, to maximize your tax deductions; thereby, maximizing your after-tax income and tax refunds.

Through continual communication between all parties, we monitor your income, expenses, deductible expenses, charitable contributions, and all other aspects of your life that may impact your tax planning.

Coordinate Advisor Network

The coordination and integration of all these activities is essential and often determines the overall success or failure of your Wealth Management Plan.

The average athlete often uses a multitude of service providers to execute various wealth management activities. Managing this team of providers can be overwhelming.

At ONYX, we are here to simplify this process for you.

Personal Financial Statements

Ask any successful business owner what his profits and losses, and it is likely he or she will be able to tell what those numbers or percentages are, precisely. Any and all financial statements/reports, (i.e. income statements, balance sheets, and cash flows, etc.) present critical information for any thriving business.

Why shouldn’t you use the same tools to manage the business of your wealth?

You should!

Therefore, ONYX aims to provide a periodic review of a robust set of financial statements, to aid you in gaining a complete understanding of where you are, where you’re going, and where you’d like to be.

Data & Reporting

ONYX will provide you with a complete process of data accumulation and consolidated reporting that will show you exactly what you own, how you own it, and where you are in relation to your investment goals. These statements, which can be tailored to your preferences, we hope, will clearly show you – in one place – only information that is most important to you.