Skip to Main Content Back to Top Let's Talk
Home Financial Services Individual Financial Consulting

Individual Financial Consulting


Customized solutions to help maximize your financial freedom.

HiggFinancialHeaderIndividualFinancialConsulting

At Higginbotham, we don’t just provide financial consulting services for businesses, but for individuals, too. Some of the most successful and high-profile figures in industries like entertainment, sports and business use our financial planning, consulting and advisory services to help secure their financial future.


Preparing for unforeseen events, like premature death, disability or long-term care, can help the future feel more certain. Our team has been trusted by thousands of clients to help handle their financial futures.


CallOutImage

Retirement Planning


How much capital will you need at retirement to live the way you want to live?

Retirement is a lifelong objective that requires goal setting, planning and financial security. Higginbotham applies industry experience, proprietary tools and innovative wealth management strategies to help you pave the way for a comfortable and financially secure retirement.

Retirement Jar

To Retire Comfortably…What is Your Number?

It is typically recommended that those planning for retirement start saving in their 20s in order to achieve:

  • 1x your annual salary saved by age 35
  • 2.5x your annual salary saved by age 45
  • 4.5x your annual salary saved by age 55
  • 7.5x your annual salary saved when you’re ready to retire at age 65

These numbers can seem overwhelming, but our team of financial professionals can help simplify the process for you.

RichManSigningWill
RichManSigningWill

Premature Death


Financial Planning for Unexpected Death

The thought of losing a loved one is difficult. Preparing for it doesn’t have to be. Our team of seasoned financial planners can guide you through identifying and quantifying financial needs such as:

  • Family income
  • Outstanding mortgage
  • Education costs
  • Financial security for the next generation
  • Liquidity for estate taxes

Preparation is the best thing you can do to feel confident about what the future holds. Higginbotham can help you with financial planning for unexpected death so you have the knowledge that your legacy is secured.

Preparing for Unexpected Death

Making sure arrangements are set in stone in the event of an unexpected death is essential for providing your loved ones the support that they need. Higginbotham can help you determine the financial tools you need to be prepared for the worst, such as:

  • Life insurance policies
  • Detailed financial plan
  • Power-of-attorney and will
  • List of contacts
  • Important documents, online accounts and passwords
  • Inventory of physical and digital assets
  • Recording your wishes for your funeral

While it is never an easy task to prepare for an unexpected death, taking measures to provide organized and detailed financial information for your loved ones can provide them with the support they need after you are gone.

Financial Planning for Child Education


Tuition costs for private school, college and graduate school continue to skyrocket as educational inflation spins out of control. If you are seeking quality education for a loved one, it can feel overwhelming to navigate these increasing costs.

Higginbotham’s proprietary software can give you an accurate picture of the capital you need to cover your dependents’ education. Our team can survey your current resources and create a systematic approach to financial planning for higher education.

Education is an investment in your loved one’s future. We can help you make it happen by simplifying the financial planning process.

KidsInClassroomStudying

Unlock Financial Independence


Estate Planning Services and Wealth Preservation Strategies

Where will your wealth end up after you pass away? There are three possible beneficiaries:

IRSIcon

THE INTERNAL REVENUE SERVICES (IRS)

FamilyIcon

YOUR FAMILY

CharityIcon

A CHARITY OR PRIVATE FOUNDATION

Estate planning and wealth preservation strategies can help ensure your finances benefit the people and organizations you want — not the IRS.

Higginbotham’s team has decades of experience in estate planning and wealth preservation, including working with high-net-worth clients. By making complex financial topics simple and easy to understand, our clients can feel confident and in control of their estate plan.

Collapse All Expand All

Estate Taxation

Estate taxation refers to the tax imposed on the transfer of a deceased person’s assets to their heirs or beneficiaries. This tax is calculated based on the value of the estate, which includes all property, investments and financial assets owned by the individual at the time of their death. Certain exemptions and deductions may apply, which can reduce the taxable amount. Understanding estate taxation is crucial for effective estate planning, as it can significantly impact the amount of wealth transferred to the next generation.

Paying for Estate Taxes

When estate taxes are due, many estates lack the liquidity to pay this tax. Liquidating income-producing assets like real estate is not cost-effective and can inhibit the future income flow and potential appreciation of the asset for future generations. For this reason, many of our clients prefer to keep their long-term income-producing assets in place to grow wealth, while simultaneously providing instant liquidity through life insurance.

Preserving Your Wealth

Many individuals accumulate significant sums in pensions, profit sharing, 401(k) plans and IRAs. But, what happens if you don’t need these funds for retirement income purposes?

Our Wealth Preservation Plan (WPP™) is innovatively designed so that the ultimate beneficiaries of these assets can inherit up to five times their current value — even after taxes. Our team can help you and your advisors understand how the plan may be able to offer dramatic results for the beneficiaries of your tax qualified plans.

Capital Road Map for Retirement

For high-net-worth clients, we can calculate the amount of capital or assets needed at an assumed retirement age, so they can live with the financial freedom they desire for the rest of their lives. After adjusting for inflation, accurate estimations of longevity and their rate of return on invested assets, we can calculate an accurate range for necessary retirement capital.

Using our Roadmap™ quantitative planning tool, we can calculate what we describe as “the client’s number” or their “core capital.” This is the amount of money required to fund a secure future based on our calculations and their estimations.

Assets greater than that “core capital” amount are what we call “legacy capital.” These assets are not likely to be needed for retirement income purposes. Our approach is to make these assets accessible, should they be needed during retirement, but “level up” the legacy capital assets at death to provide more for beneficiaries.

People walking across the street on a crosswalk

Not sure where to start? Talk to someone who wants to listen.

A great plan starts with a conversation. Let’s talk about what you need.

Talk to an Individual Financial Consulting Specialist

Request a Quote

Higginbotham H logo

Investment advisory products and services offered through Lion Street Advisors, LLC (LSA), an investment adviser registered with the SEC Higginbotham Financial, and LSA are not affiliated. LSA does not provide tax or legal advice. This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed. Lion Street Advisors.

Please visit our disclosure page for important disclosures.