Daniel F. Iuculano
Accredited Asset Management Specialist SM
Chartered Mutual Fund Counselor SM
Contact: Dan Iuculano
Phone: (904) 302-8911
Email: danieli@dfi-wealth-mgmt.com
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If you are looking for a fee only financial planner specializing in financial planning, wealth management, divorce planning, business planning and tax planning, we offer financial planning tools to make the process easier.
My goal is to provide a source of financial information and tools to assist you in getting the information you need to reach your financial goals and to becoming a savvy investor and consumer. You will find sections devoted to financial planning, starting your own business, consumer tips, saving money while traveling and personal development.
I offer personalize service if you need any specific financial planning services which include comprehensive financial planning, portfolio management, divorce planning, estate and tax planning. Call or email me for further information: free initial consultation.
Bottom portion of this page you will find current market news and helpful financial planning tips I call "Financial Life Coach". Current article: Investing: How to Start an Investment Portfolio
Financial Planning
A Financial Planner™ is a specialist, who through a specific financial planning process, objectively assesses their clients' current financial status, identifies problem areas, and recommends appropriate actions to provide comprehensive, client-based financial planning.
Financial Planning
The financial planning process consists of six steps
that help you take a "big picture" look at where you are financially.
Using these six steps, you can work out where you are now, what you may
need in the future, and what you must do to reach your goals.
Whether you are seeking investment advice, money manager or investing in the stock market, research is a valuable resource when deciding on what to buy and when to sell. Listed under the Wealth Management section you will find some valuable resources to help you get the most from your portfolio.
The Wealth Management Section will provide you with information on stock market research resources : includes Wall Street Journal, Barron's, MarketWatch, Investor Business Daily, Value Line, Zacks Investment Research and Morningstar. Another resource is ADVFN a financial data website offering stock quotes, charts, financials, news , portfolio, and real time data.
Divorce Planning
Divorce Planning combines money disciplines like accounting, financial planning, tax planning and applies them in the potentially superheated environment of a divorce. The goal of divorce planning is to reach a fair and "equitable" settlement. You are expected to make rational decisions at a time of emotional turmoil and in a setting that does not lend itself to rational decisions.
Within the
Divorce Planning section I have
provided you with several resources including eBooks that covers divorce
issues such as child support, alimony and common mistakes. In
addition I have provided you with a mini course that guides you through
the divorce process. Finally if you wish to save your marriage, there is
a resource available as well. Select Divorce Planning section for
further information.
Business Planning
A guide to building a new business, maintaining an existing business and valuation of a business when seeking financing or sale of a business. Under the Business Planning section you will find business software reviews, free software tools, books and other business related products. Select Business Planning section for further information.
Income Tax Planning
Providing guidance for limiting your tax liability and providing assistance when dealing with IRS on audits and collections. Select Income Tax Planning section for ideas on tax software, eBooks on how to deal with the IRS concerning back taxes and other issues.
Financial Life Coach
Select Financial Life Coach section for consumer related tips dealing with many aspects of financial planning such as budgets, insurance, investments, taxes and cost saving strategies.
Business Consulting
Starting and operating a home based business - How to chose a business classification, business tax issues, retirement plans for self-employed, accounting, marketing and sales, computer automation and web site design. Internet Marketing advice, specifically affiliate marketing. Select Business Consulting for further information.
Money $ense
This educational guide will be to help you acquire financial wealth by providing money saving strategies, creating and staying on budget, debt management, selecting the right type of insurance. We will also review employee benefit programs such as retirement plans, health coverage, life insurance, disability coverage and other options made available from employers.
Select Money $ense for consumer tips and various financial services & products featuring Amazon and Wal-Mart for price comparison shopping. On a lighter note you will also find a section called Discerning Lifestyles which covers consumer products such as coffee, wines and chocolates.
Travel $ense
Travel $ense - a travel guide for the savvy traveler looking for travel ideas while getting the best value for their money. You will find a wealth of travel information, tips on getting travel discounts and travel marketplace to search for travel related products and services. Select Travel $ense for one stop shopping for travel bargains.
Wellness Coach
Wellness Coach - working towards your own unique and optimal state of well-being. By mentally preparing yourself to handle change, you will set yourself up for many future successes. In other words, wellness is about thriving not just surviving. Select Wellness Coach section for further information.
Current Market News & Review
| Current | Prior | As of date | Trend | |
| Dow Jones Index | 12,720.48 | 12,422.06 | Jan 20 2012 | Up |
| Nasdaq Index | 2,786.70 | 2710.67 | Jan 20 2012 | Up |
| S&P 500 Index | 1,315.38 | 1,289.09 | Jan 20 2012 | Up |
| Wilshire 5000 Index | 13,760.85 | 13,472.37 | Jan 06 2012 | Up |
| Market Volatility Index | 18.28 | 20.91 | Jan 20 2012 | Down |
| Inflation | 2.96 % | 3.39% | Dec 2011 | Down |
| Savings I Bonds | 3.06 % | 4.60 % | Effective end of Apr 2012 | Down |
| Savings EE Bonds | 0.60 % | 1.10 % | Effective end of Apr 2012 | Down |
| Nat'l Avg. 1 yr. CD | 0.74 % | 0.77 % | Jan 20 2012 | Down |
Week Ending Jan 20, 2012
January is turning out to be a good month so far with another week of advances for the four above indexes. There was also quite a drop in the fear index(VIX) index perhaps demonstrating calmer days ahead.
The benchmark, S&P 500 index back into the black (positive) territory for year to date at 4.70 %, one year at 4.90 % and the five year period is at 0.50 %.
Financial Life Coach Series - Updated 01/03/2012
Financial Life Coach - This will be an on going series , a step by step guide to achieving one's life goals. To read Prior Articles select the link.
Tax Software versus Tax Preparation Professionals
Visit Income Tax Planning section for in-depth discussion on major tax issues and software programs.
You have four choices when it comes to preparing your taxes; do it yourself either online, software you install on your computer, by hand or have a tax professional do it for you.
My recommendation would be to do it yourself unless you have a complex financial life requiring many tax forms and schedules. That means either purchasing a software program such as Turbo Tax, HR Block at Home or TaxAct. There are other programs available but the three just mentioned are the most popular. Each of software publishers offer an online version though I would suggest the CD or downloadable version especially if your tax return typically requires numerous tax forms and schedules.
The cost of these services vary from free if you qualify, upward to hundred dollars or more. Each the guidelines for getting it done for free changes so check the requirements to see if you qualify. Generally the state returns do charge a fee even if the federal is free, there are exceptions depending on the state.
If you have a complex return or just don't want to be bothered then seek a tax professional such as a CPA or tax firms such as HR Block. Be careful when choosing a professional as the experience level differs greatly from one professional to another.
Suggest you prequalify your tax professional by asking about their training and how long they have been preparing tax returns. Many tax professional are fairly new at tax services like HR Block and they have a high turnover rate each year so you might be getting an inexperienced preparer.
For further information on tax software and tax planning visit my Income Tax Planning section. I have provided online links to the major tax software publishers if you wish to purchase their products.
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