A higher standard in
Retirement & wealth Planning

Our Tax-efficient Wealth Process offers added Perspective and Measureable Enhancements to Retirement and Estate Structures, even for families who have previously done significant planning.

Who We serve

Our ideal clients are active and retired affluent professionals and business owners above age 55, with a minimum net worth of $5 million and/or a minimum annual income of $250,000.

Since 1985 we have been educating clients and helping them gain the confidence to make fully informed decisions that can increase the tax-efficiency of their assets and increase their available after-tax retirement income. Our solutions reduce the uncertainties associated with stock market risks and the risks associated with long-term health care costs that may impact both retirement lifestyles and family wealth transfer plans.

Professionalism 

“No one can lay claim to being a professional merely by acquiring a body of knowledge and having successfully passed professional examinations. Professionalism denotes an ATTITUDE, such that the best interests of the client always take precedence over the best interests of the person providing the service.” 


Henry Gunders, CPA 
Co-Chairman &
Deputy Senior Partner, (ret’d)
Price Waterhouse
(A client of Don’s for more than 30 years)

Meet Don, <br/>Our Wealth Consultants founder

Meet Don,
Our Wealth Consultants founder

Donald S. Harmelin, the founder of Wealth Consultants (WCI), is a highly respected advocate for multigeneration family financial security and private wealth preservation. Don specializes in revealing tax inefficiencies in traditional retirement and estate planning, and in designing innovative solutions. For more than 35 years, Don has been providing advice to closely held business owners on succession planning, to public corporations on executive compensation benefits, and to high-net-worth families on advanced estate and charitable tax planning. A CLU and ChFC, Clients benefit from Don having a unique perspective from a three-generation family tradition of over 100 years in the life insurance profession. Respected by legal, accounting, and actuarial professionals for his deep technical expertise, Don’s interdisciplinary oversight helps make complex retirement, estate, and insurance related matters simple.

 

"During the past 15 years you and your firm Wealth Consultants, Inc. have helped with my family wealth planning by demonstrating skills and vast financial planning knowledge that directly contribute to our financial security in a constantly changing landscape of market and regulatory challenges, as well as for my estate planning clients. You have helped me integrate income tax and estate tax planning; achieved balance in assets; maximized charitable deductions where prudent, employed vehicles and techniques to plan for maximum income; and created leverage with financial assets including pensions for our children. In my legal practice of over 40 years, I have not met a more skilled financial professional than you. I look forward to our continued collaboration."

Richard J Margenot, Esq.

What my father first taught me

My father started teaching me about life insurance before I was a teenager. What I remember most from those weekly Sunday morning insurance sessions was how seriously my dad took his profession.

More than anything, Dad always told me, "I consider myself a fiduciary, similar to what’s expected of an attorney, even though I am paid by commissions." He instilled in me his belief and commitment by saying , “Don’t worry about the commissions. Always do what's best for the client, and commissions will take care of themselves”.

Will your retirement income die before you do?

As you plan for the future, It is important to understand the risks that could impact your retirement.

Six key financial planning considerations can impact your financial goals now and in the future. The question is not IF these will affect your finances, but to what degree. What might be the side effects of ignoring one or more of these six risks?

We evaluate your concerns about each of these planning considerations and quantify the potential effects on your assets over time. This allows us to build individualized custom strategies to help you achieve your financial objectives for your retirement and for your loved ones.

Longevity

Outliving financial assets as the result of a longer life.

Liquidity

Limited access to assets to meet life’s unexpected financial needs.

Inflation

Reduction in real purchasing power as the result of increasing cost of living.

Market

Unexpected reduction in the value of financial assets at the time of withdrawal.

Mortality

Loss of financial assets as the result of a partner’s or spouse’s death.

Taxes

Decreasing income and assets from increasing taxes and the impairment of legacy assets.

Professional & Concise

Our Professional relationships start with a pre-engagement protocol of a complimentary, no-obligation conversation.

Because family circumstances vary, our solutions and recommendations are custom designed to meet individual client needs and objectives. That personalized care and years of broad experience contribute to what sets us apart. The only way we can invest the time needed to deliver optimum, measurable and tangible results to the families we serve is to follow a pre-engagement protocol before we can decide about accepting each new client.

It Starts with
a conversation

Reach out now to explore prudent, tax-efficient strategies for your multigeneration financial security.

Contact Us