Services
Experience a Better Retirement
Under the stewardship of Ryan Hughes at Bayview Wealth Management, our comprehensive suite of services is designed to empower you on your financial journey. As your dedicated financial advisor, Ryan offers a range of solutions crafted to meet your unique needs. From personalized investment strategies and retirement planning to risk management and wealth preservation, Ryan is committed to guiding you through every stage of your financial life.
retirement Income planning
When the fate of your retirement can never really be known, it can make people anxious at the very thought of trying to plan for it. You might wonder what the price of groceries will be, how your health will look, and whether your family will be settled enough by the time you hang up your hat at work. To combat the contingencies when you reach retirement age, retirement income planning looks at your finances in much the same way as when you were gainfully employed.
How Does Retirement Income Planning Help You Prepare?
If you’ve tried to save your whole life for a rainy day, the good news is a financial advisor can provide answers to some of the bigger questions you might be asking about your retirement. They may not know the future, but they do know how to plan for events in Annapolis, Maryland, that can set you back if you’re not careful.
At Bayview Wealth Management, you’ll meet financial professional Ryan Hughes. When you work with him, you’ll learn more about how to plan your retirement income. With this financial strategy, you focus on secure income coming in every single month. Hughes can show you how to replace your paycheck with anything from Social Security to pension withdrawals to property rental income. The more sources of income you have, the less you’ll have to rely on your savings.
This is great news for anyone asking, “How much do I need to retire?” When the standard advice is $1 million, the even number ignores a volatile economy that can turn on a dime. Every retiree has their own thoughts about what a “good” retirement looks like. Some picture themselves pouring wine part-time in sunny locales, chatting up locals and tourists alike. Others might want to travel to every state in an RV or every country by private jet. Wherever you see yourself, Hughes can work with you until you find income sources that check off all the boxes.
efficient tax planning
Tax planning can look very different for people, depending on what their investments are and how they’ve managed their money over the course of the year. What many filers don’t understand is that federal, state, and local tax codes can all have a noticeable impact on their wealth over the course of a lifetime. For those who want to be more efficient, a financial planner can start making adjustments that can help you build up your portfolio rather than the government’s.
How to File Smarter Tax Returns in Annapolis, Maryland
When you look at your tax paperwork year after year, you’re likely to notice some patterns. A financial advisor will evaluate what you’ve been doing and where you may have missed some opportunities. The goal is to give you as much capital to fuel your investments while still staying
within your industry’s legal boundaries. This may mean deferring taxes on capital gains, especially if you have another opportunity in mind. Or you may choose to open a trust for your children or for a charitable organization as a way to redistribute your wealth.
At Bayview Wealth Management, you’ll work with Ryan Hughes, a financial professional who can give you more information about what an efficient tax plan would look like for you. As the years go by, you can count on Hughes to give you the updates you need to stay informed of what your options are. You may not have to deal with ever-evolving federal codes, but state and local codes may change often enough to have a real impact on your finances.
Whether you’re planning to stay in Maryland or move out of state (or even out of country), you’re likely to have a lot of questions about how your tax planning today will affect the taxes of your retirement. Having an advisor at the ready is more than just a way of working out the stipulations and loopholes, it’s a way of setting yourself up for when you’re finally ready for your golden years.
assets under management
Assets under management is a financial principle that comes down to choosing the right asset classes for an investor. It’s a tricky pursuit because it means making calculated decisions in a market that can shift at any time. The best financial planner in Annapolis, Maryland, will study everything from financial statements to volume data, looking at how securities are bought and sold in the market over time and determining how to use that historical data to their client’s advantage.
Why Choose Assets Under Management Services?
If your portfolio looks like a mishmash to you after decades of investing, assets under
management services can help you put it in perspective. When you’re nervous over missing out on companies that are drastically undervalued, assets under management strategies can put you back in control of your profit margins. The right financial professional can help you predict which securities are going to net you the most over time and how to best fold them into your current investment approach to avoid unnecessary friction to your finances.
At Bayview Wealth Management, Ryan Hughes works with clients on their level, assessing everything from their relationship risk to their ultimate goals for the future. From there, he can formulate a road map that clearly lays out how to grow your portfolio over time. Regardless of how modest or frugal your retirement plans are, this service can be a critical stepping stone to unlocking opportunities in the future.
As you get closer and closer to retirement age, it becomes less advisable to take bigger risks. At Bayview, you can tell a partner you trust what you’re looking for and what you’re willing to sacrifice to get there. Because this concept can encompass a wide range of decisions, it’s important to work with someone who has the time to devote to the markets and, more specifically, your portfolio in relation to the markets. Attempting it on your own may result in modest returns, but it’s more likely to confuse your investment strategy or actively eat into your margins.
wealth management
Wealth management in Annapolis, Maryland, is a comprehensive way to manage your portfolio based on your retirement goals. When you work with a financial advisor, you can learn more about how this concept can impact everything from estate planning to investment strategies. At a boutique retirement firm like Bayview Wealth Management, you’ll receive personalized service from a partner who cares about your future.
Why Wealth Management Services?
Wealth management services can put your assets into perspective, especially if you have an eclectic investment strategy. If you want to travel during your retirement all while funding your descendant’s educational dreams, you’re going to need a comfortable enough financial cushion
to finance it all while still having enough for emergencies.
Wealth management blends tax planning, estate planning, investment management, and risk management, so your portfolio is as organized as it is efficient. If you’re looking for a financial professional in Annapolis, Ryan Hughes has the expertise to help you revamp and reset so you feel more confident about whatever happens to be coming around the corner.
Once you have everything the way you want it, you can trust Hughes to adjust the strategy as needed. When regulations change or tax codes adjust, he can give you the information you need and make recommendations about the best way to manage the storm.
Retirement can be a tricky time for even the most well-off people. They can end up being more affected by inflation than they planned for, or they may hit health problems that eat into the wealth they were hoping to pass down to their children. There are certain events that cannot be avoided, but there are ways to prepare and limit the net loss to the individual.
For some families, wealth management is as simple as looking after their assets and keeping an eye on their margins. Once you get to a certain level of wealth, though, you can no longer apply the same sweeping strategies. Wealth management is a targeted way to maximize your resources from multiple angles.
maximizing social security
Social Security for many people today is seen as little more than a token from the government. To a financial advisor, the story is more complicated than that. While the income is not usually enough to live off of, it can be a critical part of a retiree’s income planning, one that guarantees consistent funds coming in every single month. For a financial professional, the challenge is finding out how to maximize Social Security so their clients don’t leave anything on the table.
Maximizing Social Security in Annapolis, Maryland
Since 1936, the government has provided money to older people who could no longer rely on their salary as a means to cover their bills. The system has undergone endless changes since then, becoming more complicated and less trusted over the years. A financial advisor can help you navigate the latest codes and regulations, so you can be confident about how much you should be collecting.
Social Security is a trusted source of income for most retirees today, even if it doesn’t enjoy the same reputation it once did. To maximize your check, Ryan Hughes at Bayview Wealth Management will examine everything from your income to your industry standards. Social Security is a highly specific program, meaning your benefits check has less to do with what your neighbor makes and more to do with what career you chose, how long you worked, and what you made year over year.
Too many people will file their Social Security paperwork without really taking the time to understand the program. They may rely on wildly inaccurate estimate calculators that ignore the nuances of the program. Most people will never even know that they could have received thousands more over the course of their retirement. Those who do figure it out after the initial filing will be forced to try to correct their mistakes with a government that is slow to respond and even slower to issue backpay for the errors. To avoid the hassles, work with a professional that can file properly the first time.
tax-free retirement
A tax-free retirement can give people a way to enjoy the wealth they’ve worked so hard to build over a lifetime, particularly if they have big dreams about how they want it to impact future generations. If you’re interested in how this financial principle works and what it would mean for your investments and portfolio, the right financial advisor can help you understand the basics before adapting the strategies to fit your retirement goals.
How to Enjoy a Tax-Free Retirement in Annapolis, Maryland
Bayview Wealth Management is a boutique retirement firm dedicated to helping people understand how their financial decisions impact their retirement plans. When so much of your life’s earnings are funneled to the government, you can easily lose sight of what you’re paying and whether it’s really necessary. Financial professional Ryan Hughes can tell you what your responsibilities are and how to work within the rules to thicken your portfolio.
The government tax codes are filled with exceptions and deferral options that can either reduce or eliminate how much you spend on taxes during your retirement. For instance, you can use 1031 exchanges as a means to continue investing in assets that will net strong future returns. Or you can set up charitable trusts that are aligned with your personal values, whether it’s helping the people in your community or protecting the environment.
If you want to know how to have a tax-free retirement, it starts with giving yourself the gift of professional advice. Unless you have the time or the wherewithal to interpret the tax code, chances are you’re going to miss something important. And while a CPA can certainly do some of the work on their end, they won’t be privy to the same details that your financial advisor has. For a more well-rounded approach in Maryland, you need a retirement planner who knows exactly what you’re looking for. Whether that’s a modest retirement or first-class all the way, approaching a tax-free retirement can be a key stepping stone to get you there.
investment management
Investment management in retirement planning can have a lot to do with how you and your family spend your golden years. If you’re in the Annapolis area and looking for a professional who can help you understand which assets will net you the best returns, Ryan Hughes at Bayview Wealth Management can work with you one on one. The more you understand what’s available, the easier it is to map out a financial strategy that works with your long-term plans.
What Is Investment Management?
Investment management is a strategy that financial professionals use to organize portfolios. By examining the available securities and assets at the time, they can get a better handle on the stocks, bonds, real estate, and other investments that will diversify your holdings and generate steady income. Between dividends and appreciation, the right investment management can give you the kind of wealth that will secure you and your loved ones for many years to come.
At Bayview Wealth Management, Hughes understands that not everyone will have the same relationship with risk. It’s why his clients have plenty of input when it comes to where their money goes. He’s also there to not only alert clients of the latest opportunities, but to help people branch outside their comfort zones for more lucrative profit margins. When retirement can be thwarted by anything from rampant inflation to plunging property prices, now is the time to protect your portfolio from future storms.
No matter what your retirement age is, it can take a lot of effort to plan for what’s next. With the right financial advisor in your corner, you have an undeniable advantage. Not only do you have a partner in your corner, one that has the time and experience to anticipate what’s on the horizon, but you also have the chance to transform your savings. Instead of wondering whether you’ve earned enough from your career, you can use your assets to generate income for your everyday expenses and unexpected emergencies.
The goal of investment management is to both find the securities that will work best for your portfolio and look after them once they’re under your umbrella. If you want to work with a boutique retirement firm that will take the time to get to know you, Bayview Wealth Management in Maryland is small enough so that you and your family won’t ever fall through the cracks.
Get in Touch
Book An Appointment
Location
696 Ritchie Hwy, Ste. 300
Severna Park, MD 21146
Phone
(410) 507-0786
Hours
Monday – Friday: 9 am – 5 pm
Saturday – Sunday: Closed
Let’s Chat
