Business Details
30 Years
experience
Your Trusted Partner for Comprehensive Financial Planning
Old Forge Wealth Management's mission is to cultivate lasting partnerships with our clients through reliable advice, clear communication, and dedicated service. For more than 30 years, we’ve specialized in working with families and small businesses, helping them plan their financial futures, manage investments, and arrange appropriate insurance coverage. Our commitment is to guide clients with a personalized approach, ensuring they have the right tools and knowledge for their financial journey.Our team is driven by a commitment to continual learning and excellence in service. We invest in our expertise and professional development to bring clients the most current and effective solutions. By being a trusted partner, we aim to empower clients to achieve their financial goals confidently, knowing they have reliable support every step of the way.
Services
Investment Management
Retirement Planning
Tax Planning
Estate Planning
Education Planning
Small Business Guidance
Roth Conversions
Long-Term Care Planning
Asset Protection
Qualified Charitable Distributions
Details
- Year established: 1996
- Licensed
- Insured
Highlights and features
- We act as fiduciaries, prioritizing client interests above all else.
- Our team offers decades of experience in personalized financial planning.
- We implement tax-efficient strategies to minimize lifetime tax liability.
- Our holistic approach integrates investment, retirement, and estate planning.
- We provide transparent fee structures and cost-effective investment vehicles.
Payment methods
- Debit cards
- Credit cards
Services
Retirement Planning
Rising inflation, longer lifespans, and potential tax increases create significant obstacles for modern retirement planning. Our A3 Process is designed to guide clients through these complexities, turning retirement goals into achievable plans. Our approach includes evaluating income allocations, tax-advantaged plan options, Social Security timing, and income strategies to maximize retirement benefits.
Investment Management
Our customized investment portfolios are crafted with careful research to suit diverse client objectives and risk levels. We offer proactive management with scheduled reviews, consistent rebalancing, and fast responses to client inquiries.
Long-Term Care Planning
Rising costs of skilled care in later life can significantly impact retirement plans and estates for many Americans. As a Certified Long Term Care Specialist, Shaun T. Scott, CLTC, assists clients in understanding the role Long Term Care (LTC) plays in their Principal Family Plan (PFP), and provides insight into the costs, benefits, and features of various LTC options. Based on each clients unique needs and goals, we guide them in selecting the most suitable plan, securing the right benefits while minimizing costs.
Estate Planning
Proper planning is crucial to prevent family disputes, reduce bureaucratic delays, and minimize estate taxes. We work closely with clients and their estate and elder law attorneys to ensure that all important documents are up to date and that each beneficiary-eligible account includes both primary and contingent beneficiaries.
Education Planning
The high cost of college can lead to major withdrawals from your investment accounts or untimely home equity loans without early planning, putting retirement at risk. Well help you develop an education plan that fits your financial goals and aligns with your Principal Family Plan, ensuring a secure approach to both education and retirement.
Tax Planning
Our experts clarify how different financial decisionslike investments, distributions, and loansaffect your taxes this year and for the future as part of your Principal Family Plan. We support proactive tax planning by keeping you and your tax preparer informed on these impacts, helping you make more informed choices.
Questions
What financial services does Old Forge Wealth Management offer?
We provide investment management, retirement planning, tax optimization, estate strategies, education funding, and small business guidance tailored to individual client needs.
Are you fiduciary financial advisors?
Yes, we act as fiduciaries, legally obligated to prioritize client interests in all advisory capacities.
How do you approach investment management?
We use diversified portfolios, tax-efficient strategies, and continuous monitoring to align investments with client goals and risk tolerance.
Do you work with national clients?
Yes, while based in Rhode Island, we serve clients nationwide through virtual consultations and digital tools.
What is your fee structure?
We offer competitive, transparent fees with cost-effective investment vehicles and no hidden charges.
How can I start working with you?
Contact us via phone or our website to schedule a consultation and begin creating a personalized financial plan.