Risk Management Services, Minnesota
How Does Sona Add Value?
Risk Planning Includes:
- Behavioral Coaching
- Access to a CFA and CFP
- Insurance & Employer Benefit Review
- Investment Risk Analysis
- Equity Compensation Review and Integration
- Life Insurance & College Planning
Risk Planning Includes:
- Life insurance Analysis
- Disability Analysis
- Long-term Care Analysis
- Income Replacement
- Wealth Preservation
- Legacy & Insurance Analysis
The Value of a Fiduciary
We could not live the lives we live without insurance. It protects our homes, lives, our income, and health, including our long-term care needs. The problem lies with the way insurance is sold. Insurance salespeople, and non-fiduciary advisors, are paid to sell, not advise and do what's best for you, the client.
As a fiduciary firm, we are paid for advice, not selling products. We are paid for service, not sales. We will analyze, consult, coach, and then recommend insurance if it is a good fit. We will integrate and balance the ability and want to self-insurance with the need for protection. We will do what is best for you, not what gives us the highest commission. We can't take commissions.
We also offer risk management for your investment portfolio. Mark is an expert in listed options and hedging portfolios, including zero-cost collars.
3-Lane Value Proposition
Do you have a single-lane advisor?
Every client’s financial journey is unique. Sona’s goal is to make this journey well-balanced and purposeful by aligning the client's resources with their needs, values, and goals.
To do this, we don't stick to just one lane of your complex financial road like most advisors; we use all three.
#1
Ongoing Investment Management
Including 401(k)s, Traditional IRAs, Roth IRA's, 529 Plans, and non-qualified accounts.
#2
"What-If"
Financial & Retirement Planning
The process of determining how best an individual or family can meet their goals through the proper management of financial resources. Including making the most of Social Security and Medicare.
#3
Tax Management & Retirement Distribution Planning
Including IRA and Pension Distribution and Legacy and Estate Planning
