Investment Management

I am working with clients, from individual investors to large financial institutions, to develop advanced portfolio management strategies to help them achieve specific goals for their own or their institution's financial future.

How I organize my work:

• Help clients navigate today’s evolving markets and identify the opportunities that shape their portfolios and long-term investment goals
• Develop and manage customized solutions for the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices
• Advise clients on how to allocate assets to meet unique objectives, addressing the dynamic market environment
• Research market ideas and build investment portfolios across a broad range of asset classes

While I have a variety of services for my clients, many are looking for someone to manage their investments (whether these are retirement funds, joint accounts or trusts).

I review each client’s goals, investment experience and risk tolerance, and determine a financial investment plan best suited for that client. To meet my clients' needs I use a variety of methods to properly manage your assets.

A big piece of this process I call "multi-dimensional diversification." This involves multiple asset classes, multiple management styles at both strategic and tactical levels, and often multiple managers.

Retirement Planning

It’s not going to be your parents’ retirement – rewarded at 65 with a gold watch, a guaranteed pension, and health insurance for life. For many peoples, retiring in this new century is a mystery. Earlier generations of workers could rely on employer-provided pensions, but now many workers will need to rely on their own work-related and personal savings plus Social Security benefits. These savings have to last longer because peoples are living longer, often into their eighties and nineties.

If you are one of those people who want to plan – and are about 10 to 15 years from the day you retire – this booklet is for you. Today’s (and tomorrow’s) retirees may well have a new kind of retirement. With a longer and healthier life span, bikes, boats, planes, and RVs may be part of your life, because you are more likely than previous generations to be an active older American.

Retirement can be a time to explore new possibilities or to slow down and fully enjoy the life you spent your working years building—or it can be a bit of both. Regardless of your path, you want to ensure that this phase is as financially secure and satisfying as it can be—a process that ideally begins with your first job and continues even after retirement begins.

Here, I can take you expert guidance on all the elements that contribute to a good retirement: saving and investing; planning; maintaining your health; identifying activities and work to suit you; and, of course, being a savvy consumer.

Long Term Care

Long-term care involves a variety of services designed to meet a person’s health or personal care needs during a short or long period of time. These services help people live as independently and safely as possible when they can no longer perform everyday activities on their own.

Most Care Provided at Home

Long-term care is provided in different places by different caregivers, depending on a person’s needs. Most long-term care is provided at home by unpaid family members and friends. It can also be given in a facility such as a nursing home or in the community, for example, in an adult day care center.

The most common type of long-term care is personal care — help with everyday activities, also called “activities of daily living.” These activities include bathing, dressing, grooming, using the toilet, eating, and moving around — for example, getting out of bed and into a chair.

Long-term care also includes community services such as meals, adult day care, and transportation services. These services may be provided free or for a fee.

Long-term care insurance is a type of policy which is designed to provide for the financial welfare of an individual beyond a certain period. An example of this can be seen when a common disability package is replaced with its long-term counterpart. Such a plan is commonly seen with individuals who may have chronic illnesses (such as COPD or emphysema) and those who have become physically handicapped. This insurance policy exists in the United States, Canada and the United Kingdom. It can be known by its acronym LTCI or simply as LTI (Long-Term Insurance).

Estate Planning

Many people believe they don’t need estate planning because they think they don’t have an estate. Or they think the value of their estate is not great enough to cause estate taxation, so what’s the point?

With few exceptions, everyone has an estate — even the young child with a custodial account in his name and the granddaughter who received a lovely piece of jewelry for her 16th birthday.

Bottom line: If you own something of value that you would pass on to someone else upon your death, you have an estate. Whether you know it or not, you also have an estate plan. The state has one for you free of charge (well, sort of) if you don’t get around to writing a will or designing a plan of your own.

Broadly speaking, an estate plan encompasses the accumulation, conservation and distribution of an estate. A good plan will enhance and maintain the financial security of individuals and their families.

When you’re developing a plan for your estate, it’s important to understand your entire financial picture. That’s where I`m come in. Working with your tax and legal advisors, I will help coordinate your investment strategies to help ensure that your plan reflects your wishes for your legacy.

Complete the form if you’d like to receive my three estate planning guides, which include information about the importance of having certain estate documents, maintaining beneficiary designations, and organizing your financial documents.

Social Security

Social Security benefits are one of the most important parts of any retirement portfolio. A poor claiming decision can cost tens-of-thousands of dollars, while making the right decision can contribute significantly to one’s financial security.

However, Social Security is a complex system. I provide the tools to help you make the best Social Security planning. My reports present not only the optimal strategy, they also provide comparisons to other strategies that may work better when your entire financial situation is taken into consideration. My reports also help you advise about little-known Social Security strategies such as “file and suspend” and the restricted application, “free spousal” strategy.

Your primary insurance amount, or PIA — the benefit you would get at full retirement age — determines the size of your monthly retirement check. According to the Social Security Administration’s website, the PIA is based on the Average Indexed Monthly Earnings, or AIME, as applied to an inflation-adjusted formula. The PIA is then adjusted for whether you take retirement before or after your normal retirement age — 66 for those now reaching retirement age, but gradually adjusted to age 67 for those born after 1960.

You can begin drawing reduced Social Security as early as 62. For every month you delay after reaching full retirement age, up to age 70, the monthly benefit increases.

According to a 2010 report of the Senate Special Committee on Aging, for someone with an AIME of $5,000 in 2010, the PIA would total $1,971.

In keeping with the original intent behind Social Security — a way to lift seniors out of poverty — lower-wage earners get a higher proportion of their earnings than higher-wage earners. The maximum monthly benefit that can be received in 2014 is $2,642 for a worker retiring at full retirement age.

Wealth Management

You have goals for your future; probably more than one. They might be about the lifestyle you hope to lead in retirement. Or a child’s education. There might be a charitable cause you hope to support more fully, or a hobby you’ve yearned to pursue. Or perhaps you’re just not quite able to articulate your goal. But we bet you have one, nevertheless. Understanding what’s really important to you is at the heart of how we’ll begin to build the kind of relationship you expect. Step by step, in a way that is very personal, very open and very focused on your hopes and dreams and goals.

Wealth management is very straightforward.

Retirement & College Savings

You’re cruising along at 35,000 feet when the cabin suddenly loses pressure. Yellow oxygen masks deploy from the ceiling, begging to be used. You start reaching for the lifeline but your child sitting next to you screams for help. What’s your next move?

If you follow the preflight safety instructions, you put on your own mask before assisting others, no questions asked. After all, it’s difficult to help others if you don’t help yourself first. This seems straightforward when we’re flying through the sky, but a recent report from T. Rowe Price reveals that it becomes cloudy when we’re on the ground, handling money, as an alarming number of parents are putting their own retirements at risk in order to fund their children’s college expenses.

Nine out of 10 parents believe their children will attend college, and since college typically arrives before retirement, the majority of parents feel like they should put money toward that first and save for retirement after. In fact, 49% of parents are willing to delay their own retirements to pay for their children’s education, while 74% feel guilty they won’t be able to provide more financial assistance. Overall, 63% are concerned about their children having enough financial resources to attend college, the most commonly cited concern besides health care costs.

Naturally, parents want to take care of their children first, but past experiences may be hindering the financial decision-making process. The report finds that 63% of parents believe they took on too much student debt themselves, and 79% want their children to worry less about money while in college than they did. Just over half of the 2,000 American parents in the study say they would take on at least $25,000 in debt to fund their children’s education, with 9% saying “whatever it takes.” Yet 66% of parents are still paying down their own student loans.

Finding a balance with your money is a crucial part of personal finance. Saving for retirement does not have to be mutually exclusive from saving for college.

Business Owners

Owning your own business is a dream for many. But managing your own business takes a lot more than hard work. You need a financial plan — one that addresses financial needs and products for every stage of your business life cycle and that takes into account your personal financial goals and dreams.

Managing taxes
As your goals and financial situation change, there may be new opportunities to reduce your taxable income. I`ll help you find them.

Retirement plans and other employee benefits
The right retirement plan can provide tax benefits and help you attract and keep high-quality employees. I`ll help you find it.

Business valuation
Your business is important to you, but do you know how much it’s really worth?
I’ll develop a clear picture of your business’s value and integrate it with your personal financial situation – so you’ll have the comprehensive view you need to plan for a successful future.

Business succession planning
How will you transfer your business when it’s time to move on? I`ll help you plan for a smooth transition.

Business protection
Protecting your business means being prepared for unexpected situations. Together, we’ll create a plan to help guard against financial loses resulting from employee departures, disabilities or other disruptions.

Insurance & Annuities

Annuities are financial tools that can be used for receiving potential guaranteed income in retirement. Various types of annuities let you choose which benefits matter most and how often you are paid. All are tax-friendly, meaning you don’t pay taxes on them until you receive your annuity or income payments, which are usually when you’re in retirement and could be taxed at a lower rate. Allstate offers a variety of solutions from leading financial service providers, so you have many options when deciding what type of annuity is right for you.

How Annuities Work:

• Learning more about annuities can help you understand what options are available to you. An Allstate personal financial representative can answer questions you have about the following features:
• Lasting income: An annuity is a contract between you and an insurance company. They invest your money and provide a regular source of income that you can receive a paycheck for life, depending on the contract selections you make.
• Tax advantages: Your earnings are not taxed until withdrawn. This means that when you typically start receiving your annuity or income payments, they could be taxed at a lower rate, making annuities an attractive savings option for retirement.1
• Variable payment periods: You can structure your annuity so that you can get a paycheck for life or for a set period of time. With some annuities, income can be extended to your spouse after you die.

Cash & Credit

In my investment advisory programs, you generally pay an asset-based fee, charged quarterly in advance, based on the total value of the assets in your account at the end of the previous quarter. Unless otherwise noted, the asset-based fee generally covers investment consulting and certain brokerage services provided by Angela Lynn Schilling, as well as the external or internal investment management fees. However, the asset-based fee does not cover expenses paid within any exchange-traded funds or mutual funds you may own.

You may select from our comprehensive suite of managed account programs, which are designed for various levels of investment experience and sophistication, with asset minimums that start as low as $5,000. Depending upon the program, your investment advisory account may include stocks, bonds, money market funds, mutual funds, exchange-traded funds and cash. You can establish investment advisory relationships for your retirement or trust accounts in addition to your personal investment accounts. If you select one of our Non-Discretionary advisory programs, your Financial Advisor will provide investment advice, but you will retain decision-making authority over your account.

Angela Lynn Schilling offers financial planning services through LifeView® Advisor and LifeView® Personal Wealth Advisor. Using these tools, your Financial Advisor can assist you with the evaluation of your financial goals and help you develop an investment strategy to meet goals such as planning for retirement, funding an education and insurance planning. FAs have the option to charge a minimum of $250 and up to a maximum of $5,000 per client.

FAs who hold one of the following professional designations: Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), Chartered Personal Wealth Advisor (CPWA), Chartered Financial Consultant (ChFC), Certified Trust and Financial Advisor (CTFA) or Family Wealth Director (FWD), may charge up to a maximum of $10,000 if assets in a LifeView Plan are over $5MM.

Stocks, Bonds & Mutual Funds

Fresh off Wall Street’s worst week in four years – one that saw the Dow Jones industrial average lose 10 percent of its value and the Standard & Poor’s 500 index slip below the magical 2,000 barrier – I have two words of advice for gun-shy investors.

Don’t panic.


“We’re starting to get some calls, as should be expected,” says Erik Jensen, president and founder of Jensen Wealth Advisors in Palm Desert, California, and a registered principal with LPL Financial. “We empathize with them; nobody likes seeing drops like last week. However, we recommend they keep a long-term perspective, understanding that corrections are the norm, not a calamity.”

Sure, last week may have felt like a calamity if you were watching your portfolio shrink by the hour. But there were tell-tale signs – after riding an extraordinary bullish market since 2009, Wall Street had been essentially trading sideways until this month. Then the market’s softening became a full-blown meltdown Thursday and Friday.

Wall Street’s darling stocks – the tech sector – were among the hardest hit. Netflix (ticker: NFLX) lost nearly 16 percent; Apple (AAPL) and Facebook (FB) were both down nearly 9 percent and Microsoft Corp. (MSFT) fell 7.7 percent.

“While investors should avoid panicking over short-term movements in the value of their long-term investments, the recent volatility ought to serve as a wake-up call to re-examine risk and stress-test your portfolio against the possibility of further declines,” says Kurt Rossi, president of Independent Wealth Management in Wall, New Jersey. “Be especially careful if you were like many investors that were pushed into taking on higher risk investments due to the low-yield environment. Consider reviewing the compatibility of your portfolio and your financial planning goals, making changes to your investments if the two are out of alignment.”