Personal financial planning involves establishing lifestyle and financial goals, then designing strategies to achieve them. Shidell Mair & Richardson PLLP assists you in making your goals become a reality.

 

A personal financial review can focus on any or all of the following areas:

• Cash Management & Budgeting. A strong cash flow is an essential ingredient in any personal financial plan. We work with clients to assure adequate cash flow to fund day-to-day expenses, accumulate cash necessary for emergencies and provide a source of future investment capital. We work with each client to develop short-term and long-term budgets and cash flow projections to help meet this objective.

• Investment Planning. We assist clients in identifying their investment objective utilizing the level of risk and return that they want to achieve on a long-term basis. The investment policy helps determine the investment holdings including mutual funds, stocks, bonds, money markets, real estate, etc., which are parts of the client's long range strategic planning.

• Education Planning. We work closely with clients with college bound family members, to assist them in setting goals and plans to accumulate capital for education, defining strategies for asset allocation and determining the adequacy of projected asset accumulation against projected future education costs.

• Retirement Planning. Nearly everyone seeks financial independence in their retirement years, but for many reasons this goal is becoming harder to achieve. We will work with you in allocating assets earmarked for retirement and those in taxable accounts. A properly designed and implemented plan should have long-term financial security in mind. 

• Gift Planning. We have experience in assisting clients with the transfer of small businesses, formation of trusts and other gift giving programs, which can result in the redistribution of family wealth and a reduction of estate taxes.

 

Securities are offered through 1st Global Capital Corp., Member FINRA/SIPC. Mike Shidell is licensed to offer securities in the states of IA, IL, MN, MO, SD, VA, and WI. This is not an offer to sell securities in any other state or jurisdiction. Investment advisory services offered through 1st Global Advisors, Inc.

 

 

From our office in the Twin Cities, Shidell Mair & Richardson PLLP has been helping clients in Minnesota and surrounding states grow their businesses since 1967. We have grown along with some of our clients for more than 25 years.

 

As tax and financial planning professionals, we have spent years helping our clients with the preparation and planning of their income taxes. Our clients have often asked for advice on other financial matters such as investments, retirement planning and educational funding.

In response to this request, Shidell Mair & Richardson PLLP has expanded our financial planning services to include investment advisory services. Our clients are seeking advice from qualified advisors who understand their specific financial and tax situation and want recommendations that are objective and in their best interest.

The process we utilize for assisting our clients in the investment advisory area include:

• Planning - We assist in determining the investment objectives and the tolerance for risk that specifically apply to each of our clients. 

• Portfolio Design - Based on the results of the evaluation process, a portfolio is designed to meet the specific needs of the client. The portfolio is typically constructed using mutual funds and ETFs.

• Monitoring - We continually evaluate the performance of the recommended investments for our clients to be able to advise them as to potential changes for the future.

To facilitate the expansion of our financial planning services, we formed a separate corporation: Shidell Wealth Management, Inc.

Mike Shidell, managing partner with our firm, is a registered representative of 1st Global Capital Corp. 1st Global Capital Corp. is a broker/dealer firm focused on providing support to CPAs practicing in the financial services area.

This support included training, technology, compliance and back office support. Since these services were first offered in 1997, the response from our clients has been tremendous. Our investment clients include individuals, corporations, partnerships and retirement plans.

 

Michael J. Shidell, CPA - Managing partner in Shidell Mair & Richardson PLLP and a registered representative of 1st Global Capital Corp. Securities are offered through 1st Global Capital Corp., Member FINRA/SIPC. Mike Shidell is licensed to offer securities in the states of IA, IL, MN, MO, SD, VA and WI. This is not an offer to sell securities in any other state or jurisdiction. Investment advisory services offered through 1st Global Advisors, Inc.

 

Mike Shidell is compensated on a commission or management fee basis through 1st Global Capital Corp. Follow-up meetings or subsequent consultations are free and without obligation.

If you have any questions regarding these services or would like a prospectus that includes more complete information including charges and expenses on individual funds, please contactMike Shidell at 651-482-1698 or mike.shidell@shidellmair.com

 

Securities are offered through 1st Global Capital Corp., Member FINRA/SIPC. Mike Shidell is licensed to offer securities in the states of IA, IL, MN, MO, SD, VA and WI. This is not an offer to sell securities in any other state or jurisdiction. Investment advisory services offered through 1st Global Advisors, Inc.