Private Wealth CFOs LLC

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Investments, Financial Planning Consultants, Financial Services

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Today: 8:30 am - 5:30 pm

Tomorrow: 8:30 am - 5:30 pm

14 Years

in Business

(240) 395-4455Call

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Map & DirectionsDirections3 Bethesda Metro CtrBethesda, MD 20814

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Regular Hours

Mon - Fri:	8:30 am - 5:30 pm
Sat	Closed

Places Near Bethesda with Investments

Chevy Chase (2 miles)
Silver Spring (6 miles)
Mc Lean (10 miles)
Potomac (11 miles)
Washington (11 miles)
Rockville (12 miles)
Arlington (13 miles)
Falls Church (13 miles)
Hyattsville (13 miles)
College Park (14 miles)

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Your Personal Chief Financial Officer

General Info: We are Private Wealth Managers for a select group of wealthy families and companies. We help our clients manage all the aspects of their finances by serving as our clients' "Personal Chief Financial Officer."Â In addition, PRIVATE WEALTH CFOs is able to provide our clients with a detailed 360-degree view of ALL of their wealth (Assets & Liabilities). Private Wealth CFOs is an independent financial planning and investment advisory firm based in Bethesda, Maryland.Â SpecialtiesInvestment Advisory, Retirement Planning, Personal Financial Planning, Personal Trust Services
Email: Email Business
Payment method: amex, discover, master card, visa, company card
Location: Investment Advisory & Financial Planning for Executives, Attorneys, and Individuals
Associations: Investment Management Consultants Association
Categories: Investments, Financial Planning Consultants, Financial Services, Investment Advisory Service, Retirement Planning Services

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Phone: (240) 395-4455

Address: 3 Bethesda Metro Ctr, Bethesda, MD 20814

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Private Wealth CFOs LLC

Tax Planning
Charitable Giving
Roth IRA
The maximum amount you can contribute to a traditional IRA or Roth IRA in 2015 is $5,500 (or 100% of your earned income, if less), unchanged from 2014. The maximum catch-up contribution for those age 50 or older remains at $1,000. (You can contribute to both a traditional and Roth IRA in 2015, but your total contributions can't exceed these annual limits.)
Income Tax
Here's the dilemma. You have a traditional 401(k) that contains both after-tax and pre-tax dollars. You'd like to receive a distribution from the plan, convert only the after-tax dollars to a Roth IRA, and roll the pre-tax dollars into a traditional IRA. (By rolling over/converting only the after-tax dollars to a Roth IRA, you avoid paying any income tax on the conversion.)
Tax Deferral
If you participate in a 401(k), ESOP, or other qualified retirement plan that lets you invest in your employer's stock, you need to know about net unrealized appreciation--a simple tax deferral opportunity with an unfortunately complicated name.

Investment Management
Your relationship is managed by a Private Wealth Advisor. Our Private Wealth Advisors are experienced and hold financial industry credentials such as the CERTIFIED FINANCIAL PLANNER™ certification or Certified Investment Management Analyst (CIMA®) designation. Advisors are supported by administrative and service associates who work with the back offices of our partner financial vendors, service providers, or custodians. In addition, we can work with our clients' trusted advisors to coordinate advice.
Mutual Funds
Dimensional is an institutional fund advisor that requires a minimum of $2,000,000 per fund per investor for access to their mutual funds. This requirement is waived for clients of Smart Investor who are able to benefit from the financial science and academic research Dimensional has brought to the practical world of investing. Known worldwide for its innovative and revolutionary approach, Dimensional has served institutional clients since 1981. With this strategic alliance, PRIVATE WEALTH CFOs is able to bring these institutional experiences and efficiencies to our clients.
Wealth Management
Jean Jacques Borno, CFP® founded Private Wealth CFOs with the goal of specializing and transforming the delivery of wealth management services to business owners and other highly compensated professionals by combining high-touch care with seasoned advice.
Money Market Funds
The Securities and Exchange Commission (SEC) announced amendments to the rules that govern money market mutual funds. According to a press release issued by the SEC, the amendments are intended to guard against a run on such funds in times of crisis, "while preserving the benefits of the funds." The rules require a floating net asset value for prime money market funds serving an institutional client base. Prime money market funds serving individual investors will continue to strive for a stable $1 share price, although there can be no guarantees that such a price will be maintained. The new regulations also allow non-governmental money market funds to charge fees or impose other restrictions on investors attempting to withdraw funds during trying times. "This strong reform package will make our markets more resilient and enhance transparency and fairness of these products for America's investor," said Mary Jo White, SEC chairperson.

Financial Planning
That's where financial planning comes in. Financial planning is a process that can help you reach your goals by evaluating your whole financial picture, then outlining strategies that are tailored to your individual needs and available resources.
Retirement Planning
If you'd like a retirement plan that guarantees a specified benefit level at retirement regardless of investment results, you may want to consider a defined benefit pension plan. A defined benefit plan is a qualified employer-sponsored retirement plan that is funded solely by the employer (in most cases); it's the traditional type of pension plan. A defined benefit pension plan allows the highest potential contribution amount of any plan. These contributions are excluded from income and grow tax deferred. In addition, contributions can be deducted from business income.
Asset Management
The asset allocation plan attempts to balance risk vs. expected reward. The plan diversifies your portfolio using stocks, bonds, alternatives investments, and cash. For each asset category, investment managers or funds are used to manage a portion of the overall investment portfolio.
College Funding

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