Because Your Goals Are Only As Good As the Plan You Set to Reach Them.

BENEFITS OF FINANCIAL PLANNING | Helping You Meet Your Financial Goals

  • Financial planning enables you to define your financial goals and measure your progress towards those goals.
  • Through “what if” scenarios, financial planning also explores the risks to achieving your goals.
  • Additionally, it provides a living document, which will be updated regularly and shared with your accountant and attorney with your permission.

Types of Financial Planning | Helping Answer Life’s Biggest Questions

Asset Allocation Planning


Do my non-Central Trust Company investments fit into my overall goals and objectives?

Learn More

In this analysis, we will determine your proper risk tolerance by assessing objective measures. We will determine how much risk you can tolerate in light of your specific goals, and determine whether you are taking appropriate risks with your present investments. We then analyze how an ideal investment portfolio might look for you, taking into account the above factors, and will make specific recommendations. Finally, we stress test our findings using a sophisticated probability analysis, based on thousands of iterations.

Retirement Planning


Do I have the assets needed to satisfy my retirement income goals?

Learn More

In this analysis, we determine whether you have enough money to retire, based upon your specific goals. This includes analyzing which assets you should liquidate and when you should withdraw them. We also look at the potential tax impact of doing so to your overall plan.



How do I pay for part or all of my children's educational expenses in a tax-efficient manner?

Learn More

Whether you are planning on paying all or part of education expenses for your family members, it is important to understand your funding options. It is also important to understand the escalating costs of tuition, room, board and books when creating your plan. This analysis will explain and analyze funding options and their potential tax consequences.



What would happen to my family if I died unexpectedly or became incapacitated?

Learn More

Unexpected death or incapacity can cause financial chaos to your family. This analysis will first review any existing life insurance you or your spouse might own and then determines its adequacy. A needs-based analysis is then performed to determine how much life insurance is needed, based upon your family’s unique needs.



How can I leave a lasting legacy for my family or community?

Learn More

You’ve worked hard to acquire your wealth and you worry about how to leave it behind. Given the ever-changing tax laws, how do you develop a lasting plan? In this analysis, we present a number of options to pass on your wealth without paying undue administrative expenses and taxes, including gifting and philanthropy.


RECENT FINANCIAL PLANNING INSIGHTS | Helping You Understand the Journey

CTC_Social Graphic_Depressed Assets
When Depressed Asset Values Create Planning Opportunities
Depressed asset values are often a source of frustration and worry for investors. However, with those concerns often come opportunities to achieve long-term planning objectives.
Read Full Article
MedicareBeyond_Post Graphic
Medicare & Beyond
One thing that does not get talked about enough are medical costs which go beyond Medicare. These costs can be complex and ever-changing.
Read Full Article
SOS_Video Graphic
The Importance of a Second Opinion
Anything that could affect a family or individual financial situation today, or in the future, brings with it the need to reevaluate where you are today, where you would like to be and if you are track to get there.
Read Full Article
Woman and Their Role as Financial Decision Makers
Women are a large part of the workforce. They are often times directly involved in their households’ investment and financial decisions.
Read Full Article
Benefits of FPS_Graphic 2022
Five Basic Benefits of Financial Planning
There is more to financial planning than setting some goals and pinching some pennies. Here are five basic benefits that may come from working with a financial planner on an organized financial plan.
Read Full Article
Health and Wealth_Graphic 2022
Health & Wealth in the New Year
It’s been said that health has more of an impact on our happiness than anything else. Some say financial contentment follows close behind, which makes the beginning of the year a perfect time to look at how we can improve our financial well-being.
Read Full Article
Opportunity Among Crisis Graphic
Financial Planning: Opportunity Among Crisis
At Central Trust Company, we use Monte Carlo Simulation to model a variety of outcomes— including all the events taking place this year.
Read Full Article
Business Owner Survival Guide
When contemplating an outright business sale to an outside entity, the first or foundational level of planning should be contingency planning.
Read Full Article

BEGIN THE PROCESS | Schedule a Financial Planning Appointment