Overview: Financial planning brings together income, savings, spending, investments, and future goals to help individuals better understand their overall financial picture.

Who May Benefit: Individuals and families balancing multiple financial priorities or looking for help understanding where to begin.

When To Consider It: Financial planning may be worth exploring when preparing for retirement, saving for education, receiving an inheritance, planning for a major life event, or evaluating multiple financial goals.

How An OFA Advisor Can Help: An OFA advisor takes the time to understand client goals and priorities and can help organize financial information, explain available options, and identify practical next steps.

Overview: Retirement planning considers how savings, investments, Social Security benefits, and other potential income sources may work together to support retirement goals.

Who May Benefit: Individuals building retirement savings, preparing for retirement, or adjusting to life after retirement.

When To Consider It: An advisor may be helpful when determining how much to save, evaluating retirement income sources, or considering a rollover from an employer-sponsored retirement account.

How An OFA Advisor Can Help: An OFA advisor can explain available retirement planning strategies, review potential income sources, and discuss retirement account options, including considerations related to account rollovers.

Overview: Investment management provides professional support for developing, implementing, and monitoring an investment strategy.

Who May Benefit: Individuals seeking ongoing portfolio management or those who prefer professional assistance with managing investments.

When To Consider It: Investment management services may be worth exploring when a portfolio becomes more complex, financial goals change, an inheritance is received, or a professional review of an investment approach is desired.

How An OFA Advisor Can Help: An OFA advisor can discuss investment objectives, time horizon, income needs, and risk tolerance, as well as available investment management services

Overview: Education planning helps individuals and families prepare for future education expenses while balancing other financial priorities.

Who May Benefit: Parents, grandparents, and others interested in helping fund future education expenses.

When To Consider It: Education planning can begin at any stage and may help individuals and families evaluate options for future school, college, or other education-related expenses.

How An OFA Advisor Can Help: An OFA advisor can explain available education planning options, discuss different savings approaches, and consider how future education expenses may fit within broader financial goals.

Overview: Major life changes can affect multiple areas of a financial plan. Whether receiving an inheritance or experiencing another significant life event, understanding potential financial implications can help inform future decisions.

Who May Benefit: Individuals receiving an inheritance or navigating marriage, divorce, a career change, a growing family, the loss of a loved one, or another significant life event.

When To Consider It: Speaking with an advisor may be beneficial before making significant financial decisions or transferring inherited assets.

How An OFA Advisor Can Help: An OFA advisor can help clients evaluate their circumstances, answer questions, and explore available options during important life transitions.

Overview: Institutional investment management supports organizations with investment policies, portfolio strategy, and ongoing oversight.

Who May Benefit: Nonprofits, foundations, and other organizations responsible for managing long-term assets in support of their mission.

When To Consider It: Professional guidance may be helpful when establishing an investment policy, evaluating spending needs, or reviewing an existing investment portfolio.

How An OFA Advisor Can Help: An OFA advisor can work with an organization to develop and manage an investment strategy based on its objectives, responsibilities, time horizon, and available investment management services.

Overview: Business succession planning prepares for the future ownership, leadership, and financial direction of a business.

Who May Benefit: Business owners considering retirement, a sale, a family transfer, or a transition to employees or business partners.

When To Consider It: Business succession planning often begins well before a transition occurs and may involve ownership, management, financial, and family considerations.

How An OFA Advisor Can Help: An OFA advisor can help identify financial considerations associated with a business transition and work alongside an attorney, accountant, and other professional advisors.