As a fiduciary financial advisor in Indian Trail, Holland Capital helps young families build a first complete plan, from naming a guardian to deciding how much to save and where. We work with clients in Indian Trail by video and phone, and meet in person by appointment at our office in Ballantyne, about 19 minutes away.
Children change the plan, even if the plan was never written down.
Indian Trail is one of the youngest towns we serve, with about a quarter of residents under 18. A household here may have a mortgage, one or two paychecks and children still in car seats.
The basics of a plan are simple to list and easy to put off. Who would raise the children? Do the beneficiary forms match the will? What does your job already provide? How much should go to savings, and into which accounts?
Looking at the questions together makes the trade-offs easier to see.
A Will, a Guardian and the Right Beneficiaries
A will lets you name the guardian you want for your children. A court makes the final appointment, and your choice carries real weight.
Retirement accounts and life insurance usually pass by beneficiary form, not by the will. If the forms still name someone from years ago, the money can go to the wrong person.
Naming young children directly as beneficiaries can also create a problem. A court may have to appoint someone to manage the money until they are adults. A trust or a custodian named for them can hold the money instead. Our page on estate planning explains how we work with your attorney.
What Your Job Already Covers
Your employer may provide some life and disability coverage as part of the benefits package. The amounts are often a set multiple of pay and may end if you change jobs.
We read your benefits summary with you so you know what is already in place. The goal is to understand the coverage you have, not to sell you more.
An emergency fund comes next. Three to six months of spending in cash is a common starting point.
RETIREMENT ENGINEERING™
The Order Matters
Five retirement decisions and why timing matters.
Roth or Pre-Tax, and How Much
Early in a career, your tax rate may be lower than it will be later. That can make Roth contributions worth a close look.
Once the emergency fund is in place, we set a savings target and decide which accounts should come first.
We invest your savings according to a written investment policy statement. For a young family, that plan covers decades of growth and keeps enough in cash for the short term.
At Holland Capital, investment management for a young family starts with a plan you can keep up with.
How We Work with Clients in Indian Trail
Holland Capital Management is an independent registered investment adviser and a fiduciary. M. Chad Holland, CFA, CFP® works directly with clients and is responsible for the planning and advice.
Bring your benefits summary from work, a recent pay stub, your retirement plan statements and a copy of any will you already have.
We list what is missing, what is already handled and the order to fix the rest.
The first conversation is free. If there is work worth doing after that, we will define the scope and cost before you decide whether to move forward.
Holland Capital is based in Charlotte, and our office in Ballantyne is about 19 minutes from Indian Trail. If you are looking for a fiduciary financial advisor in Indian Trail, we meet by appointment at 15720 Brixham Hill Avenue, Suite 300, and handle shorter check-ins by video or phone. Holland Capital does not maintain a branch office in Indian Trail.
Map and directions: Holland Capital Management, 15720 Brixham Hill Avenue, Charlotte.
We work with clients throughout North Carolina. You can see the other North Carolina communities we serve here.
Our what we do page explains how a planning engagement works.
RETIREMENT ENGINEERING™
The Order Matters
Five retirement decisions and why timing matters.
Frequently Asked Questions
Does a Young Family Need a Fiduciary Financial Advisor?
Holland Capital acts as a fiduciary when providing financial planning and investment advice. For a young family, that means putting the protection, saving and investing decisions in order.
If insurance comes up, we explain our related insurance agency before you decide.
Should We Name Our Children as Beneficiaries?
Usually not directly while they are minors. A trust or a custodian can hold the money for them until they are older.
We review the forms with you, and your attorney drafts any trust.
Can We Meet at Your Office?
Yes. It is about 19 minutes from Indian Trail, on Brixham Hill Avenue in Ballantyne, and meetings are by appointment.
Video calls can work well for parents with young children at home.
Photo: Abbeynball / Wikimedia Commons / CC BY-SA 4.0, cropped.
