Our Mission At Oceanstate Financial
Oceanstate Financial is a Rhode Island financial advisory firm offering wealth management services to businesses and individuals alike. Our mission is to provide services and financial advice in the best interest of our clients. At Oceanstate Financial Services, we are not afraid to think outside the box in order to create innovative investing strategies and financial security solutions.
Financial Planning
The foundation of financial planning requires a strong understanding of how your money works for you. Our professionals work as your partner, evaluating your available financial resources to create a spending and saving strategy, while paying down debt. Oceanstate Financial works to identify the method best suited to your circumstance, optimizing it toward your personal goals.
Investment Management and Planning
Investment planning begins by assessing your objectives and goals, a perspective on "risk" vs "return", and your time horizon. Aside from focusing on investment allocation, a financial advisor evaluates the expenses and taxation of individual accounts, which influence results and long-term success overall. Ultimately, in terms of investment management and portfolio management, our services help to further your financial future.
Retirement Planning
Everyone's vision of retirement life varies, from where they want to live to future activities and more. Our team puts time into understanding what you hope to get out of retirement life, in relation to current investments, and more. By offering this form of wealth management, our professionals are poised to optimize your path to retirement. If you are closing in on retirement or are currently retired, our focus turns toward utilizing your resources to provide a livable income. Whatever your needs, we will help remove the guesswork and provide peace of mind.
Risk Management
Financial planners take risks into account, especially for the moments when life isn't going exactly as planned. Your financial situation can be influenced by bumps in the road, especially when the right precautions weren't in place. We work closely with you to review your insurance portfolio, identifying ways in which we may improve coverage and cost.
College Savings Strategies
The costs associated with attending college are on the rise. Many individuals are making investments to prioritize higher learning for future generations. In doing so, parents eliminate the potential financial burdens their children may face upon graduation. Our financial advisors are well-versed in college saving strategies, capable of creating a savings plan specifically to the needs of your family.
Estate Planning
Estate planning enables individuals to plan for what happens once they’re gone. If you have dreams of leaving a legacy and ensuring your family is taken care of, a financial advisor can help. Protecting assets is the ultimate goal of estate planning and after evaluating your current situation, we can work to leverage internal resources and external resources to identify which strategy will work best for your needs.
Major Purchase Decisions
If you find yourself struggling to make a major purchase decision, seeking financial advice can make all the difference. The good news is there are a variety of options available in making big purchase decisions, especially in terms of whether or not it's a good investment. Oceanstate Financial can provide the knowledge and tools necessary to understand your finances and fund your purchase.
Employee Benefits & Retirement Plans
It’s imperative that employers and businesses reward the team of talented employees they have assembled if they are to be retained. Oceanstate Financial works directly with businesses to design benefits packages, retirement packages, and insurance policies to protect and reward hard working employees.