Craig D. Price
Wealth Advisor
We connect our clients to what matters today and across generations through personal, comprehensive wealth plans.
Welcome to Mesirow
Mesirow recently announced that Craig Price, CFP®, CTFA , and Nancy Zehr, CTFA, have joined our firm. With the addition of Craig and Nancy, our clients in Southeast Florida gain proximity to an experienced Wealth Advisor with firsthand understanding of planning considerations specific to the Florida region and focus on comprehensive financial planning.
Analyzing critical retirement decisions
Key executives often need financial planning advice when they are offered a ‘golden parachute’ retirement package. By working together, we are able to map out a variety of scenarios to determine which approach offers the highest probability of being able to retire securely and with confidence.
We help busy people navigate this complexity, and help increase confidence in the new future and to reduce the stress that these transitions can cause. Contact us to discuss your usituation.
Funding college
According to LendEdu.com, a four-year private university education now costs an average of $220,366. If you are facing high education costs for your children, or are helping with education for your grandchildren, talk to us about the most tax-advantageous ways to approach college funding.
Diversifying a concentrated stock position
For corporate executives, personal wealth is frequently tied to performance of the company’s stock. Every year, executives make decisions about the management of their stock options, company stock accumulation plan, or employer stock held inside a 401k plan account that can have costly tax and long-term planning implications.
Avoid these costly mistakes by contacting us for an assessment of your specific situation. We will help guide you through the maze of employer stock decisions.
Planning for sale of a major asset
Whether you plan to sell your business, property, art or any major asset, it is important to plan in advance for tax and long-term financial planning considerations. For example, depending on your circumstances, it may be prudent to partner with a wealth advisor and estate attorney to set up revocable trusts to avoid probate and insure financial privacy.
We work closely your CPA, estate attorney and other professional advisors to evaluate various tax scenarios and to design a financial plan to secure your unique needs.
If you are planning to sell a strategic financial asset, talk to us first. Our experience, combined with your tax advisor’s input, will help maximize the after-tax proceeds of your asset sale. To discuss your specific situation, contact us.
Facing uncertainty from divorce
A divorce almost always triggers the need to reevaluate your financial future with new, realistic and current assumptions.
By working with your divorce attorney, we help our clients create a financial plan that incorporates alimony and child support (payments or income) as well as potential new cash flow and asset ownership scenarios. We are experienced with helping clients who have faced the unfortunate turbulence that divorce can bring, and the financial decisions that need to be made — we understand how best to navigate what could be some of the most important decisions of your life.
If you are facing divorce, we can help bring clarity to your future with a sound financial plan. Contact us to an introductory meeting to learn more.
Liquidity after hurricane damage
Hurricanes in the Florida area often damage or destroy the homes in our community. When it comes to paying for repairs, there are a variety of approaches, such as establishing securities-based credit lines in advance, that can help you begin work while you wait for insurance payments, and avoid the need to sell investments either at the wrong time or with adverse tax consequences.
After a hurricane, you want to be among the first to schedule contractors to complete your repairs. To make sure you have ample resources available, contact us to perform a hurricane liquidity assessment.
Boosting income & helping charity
What to do when you need income for retirement and you also want to leave a legacy to charity? One approach could be to donate appreciated stock to a Charitable Remainder Trust. The stock can then be sold, and invested in a diversified portfolio to create a lifetime retirement income stream. Upon death, your favorite charities will receive the remainder of the trust. We actively engage our clients in conversations about their charitable plans as part of our own passion to make the world a better place.
We believe philanthropy is much more than writing a check or donating stock. It is important to have a strategy for gifts of significance. If you are planning to donate $20,000 or more this year, contact us to make sure you are getting the maximum benefit from your generosity.
Helping new Florida residents
People relocating from high-tax states often seek information on establishing Florida residency. We are here to help. Although we are not attorneys, we are an experienced resource for the many advantages of Florida residency.
Northern states like New Jersey, New York, Connecticut and Michigan are losing thousands of residents every year to the Sunshine State. Getting your residency established in Florida correctly is essential if you want to leave your high-tax state behind. We have more than two decades of experience advising newcomers regarding Florida residency. Contact us to set up a meeting, phone call, or video conference.
Estate planning
As we get towards the end or our lives, many people wish to pass on the legacy left over from a life of hard work and success. We understand that this is high on the list. We want to make sure that we minimize the burden of this type of transition.
Mesirow can help guide you to understand how your assets will be distributed under the current US tax code and your existing estate plan. Working closely with your established team of financial professionals, we will help make sure that your family's fortune transitions smoothly to your beneficiaries and philanthropic organizations.
Resources and insights
Life is always evolving
We understand that as your life changes, your financial planning needs change as well. Check out some of our resources and learn more about Mesirow.
Meet your team
Mesirow Wealth Management is a division of Mesirow Financial Investment Management, Inc., an SEC-registered investment advisor. Securities offered through Mesirow Financial, Inc., member FINRA, SIPC. Advisory Fees are described in Mesirow Financial Investment Management Inc.’s Part 2A of the Form ADV. Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc.