Omega Advisors is committed to helping you accomplish your goals and dreams in all areas of your financial life. Whether you’re looking for fresh financial ideas for yourself or your family, we offer the guidance to help set you on your own path to financial success. We offer advice on the following topics:
Investment Planning
We will educate you on the numerous investment options and brokerage account types, so you can build a portfolio designed to help you achieve your financial goals.
- How do I begin investing for the future?
- What is the appropriate asset allocation and investment selection for me?
- How much are fees and how do they affect my returns?
- Does this investment match my financial goals?
- Which investments are best to accomplish my objectives?
Financial Aid Consulting
If you're the parent of a college age child, your primary goal should be how to best minimize what you are going to spend on your child's education for retirement purposes and maximizing your child's financial aid package.
- 95% of FAFSA Forms are completed incorrectly (Dept. of Ed) - How to prevent this?
- How do I plan appropriately to meet deadlines and avoid costly errors?
- What is the financial aid process and how do I get started?
- Am I receiving a fair financial aid offer or should I appeal?
- How do I reduce student loans while increasing the amount of scholarships?
Retirement Solutions
With retirement potentially lasting as long as your working years, money management is important when you’re building a nest egg for retirement. From IRAs to 401(k) and 403(b) plans, we will determine which is best for you.
- How much should you save?
- Am I on track to meet my retirement goal?
- Will my savings last?
- What is the best way to withdraw my retirement funds?
- Which retirement plan is best for me?
Debt Counseling
If you are overwhelmed by debt, we will help you review all of your debts, assets and income and then design a program to help you become debt free.
- I lost my job and have no income - what do I do about my bills?
- Which types of debt should I cut first? Second? Third?
- What should I do to improve my credit score?
- I have defauled on my mortgage and am facing foreclosure: what are my options?
- How do I get my finances on track after taking care of my debt?
Education Savings
Get the rundown on options for saving for your children's education (or yours!), including 529 plans, Coverdell accounts, and financial aid assistance.
- Is my child eligible for financial aid? If so, how much and how do we receive it?
- What is a 529 plan/Coverdell ESA/UTMA/UGMA?
- Will education savings impact my child's ability to qualify for financial aid?
- What are the tax implications of my education savings plan?
- Which investments are appropriate for my child's college savings?
Insurance Protection
Knowing that you've planned for your family's financial needs can give you a great deal of peace of mind. We will help you determine your insurance needs, analyze policies and select the protection that is best for you.
- How much insurance coverage do I need?
- Which policy's features and benefits are best for my needs?
- Is my insurance agent acting in my best interests?
- What policy coverage period is best for my needs?
- How will this major life event affect my insurance goals?
Banking Advice
We can work with you to create a plan that includes managing your cash and essential banking services, adding an extra measure of convenience and value to your financial life.
- How do I open a checking, savings, money market account?
- Where can I find the best rates and lowest fees?
- What are account ownership types and features?
- How do I organize my banking records?
- How can I maximize my bank account protection?
Debt Management
Managing your liabilities is just as important as managing your assets and investments. Whether you're buying a home, refinancing a mortgage, consolidating debt or making a purchase, we can help you choose a lending solution to support your financial goals.
- What programs are available for first-time homebuyers?
- How can I compare mortgage options and find the right one for me?
- Which debts do I pay off first?
- How do I fix my credit report?
- How can I get the lowest interest rates?
Estate Planning
No matter your net worth, it's important to have a basic estate plan in place. We will help you better manage taxes, transfer costs, and create a lasting financial legacy.
- Do I need a will? If so, how do I create one?
- Is my estate plan in order and up-to-date?
- Should I consider creating a living trust?
- How do I figure out the value of my estate?
- How can I minimize taxes on my estate?
Tax Advice
The goal of tax planning is to arrange your financial affairs so as to minimize your taxes. We provide you with the proper guidance to save tax dollars and resolve specific tax issues to meet your financial goals.
- Which deductions and credits can I qualify for?
- How do I prepare the Federal 1040 Income Tax Return?
- How much tax do I owe on investment gains?
- What are the tax changes for this year and how will they affect me?
- Do I have to file a tax return this year?
