A recently divorced woman, “Allison,” in her 50’s, with two college-aged children, contacted Woodmont after a referral from her attorney. Following a meeting to understand her plans for the future and reviewing details of the settlement with her attorney, it was clear that the assets included in the settlement would need to be reinvested to both increase liquidity and reduce risk.
Understanding Allison’s situation, we completed a detailed financial plan outlining her existing assets, liabilities, income requirements, and evolving risk tolerance in order to create a formal investment policy for her assets. After establishing her account, Allison utilized Woodmont’s online access and portfolio reporting to monitor the diversification and rebalancing of the settlement assets while staying in constant contact with her investment team.
Allison now enjoys receiving monthly income from her investments which is electronically deposited in the checking account of her choosing at no cost and meets with the Woodmont team quarterly to review her investments against her established investment policy. Partnering with Woodmont gave Allison confidence that her investments were generating the necessary income while preserving her assets.