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At Wisconsin Community Bank we’re committed to understanding the individual financial needs of our clients and we strive to help our clients develop an investment strategy that will best address their personal needs and goals. We recognize that each individual has very personal needs and expectations which require careful consultation with prospective clients prior to the establishment of an account. We believe in personal service and our administrators take pride in their strong working relationship with their clients.
Our clients have available to work with them a highly qualified and skilled team of professionals, experienced in financial planning, investment counseling, accounting, taxes, trust administration, law and asset management. The credentials of the staff serving our clients include attorneys, CPA’s, chartered financial analysts, certified financial planners, as well as other professional designations.
At our Monroe office our Wisconsin Community Bank clients meet regularly with Ron Spielman and Kay Donahoe to discuss a broad spectrum of issues that are of paramount importance to our clients. Carol Stang, assisted by Bonnie Garfoot, provides the same services throughout the WCB region. Each of our clients has their own unique set of needs and expectations that are constantly evolving. Ron, Carol, and Kay provide over 90 years of legal, financial, banking and administrative expertise to their working relationships with their clients.
Ways that we provide service to Wisconsin Community Bank customers include:
I. Investment Management
II. Trust & Estate Planning
III. Retirement Planning & IRA Rollovers
IV. Estate Administration
V. Guardianships
VI. Custody Services
I. Investment Management
Concerns of some of our existing clients have included:
- A desire to reduce taxable income.
- Analysis and diversification of existing portfolio.
- Save for retirement.
- Concerns about making retirement assets last throughout their lifetime.
- Everyone is busy and would prefer to enjoy travel and their lifestyle may prevent the active management of their assets.
- Individuals seeking another opinion regarding their current investments and seeking recommendations for change.
How we have helped our clients:
- We provide professional and investment management services and rely upon a proven steady investment process.
- We provide discipline to the investment process in times of economic turmoil.
- We helped the customer evaluate his or her current and anticipated financial situation.
- We mutually agree upon an investment objective for the customer.
- We agree upon and then establish an asset allocation strategy.
- We regularly monitor and discuss their portfolio with our clients.
- We provide regular communication regarding the customer’s assets and the economy in general.
II. Trusts & Estate Planning
Concerns of some of our existing clients have included:
- I want to minimize estate taxes (the federal government and Wisconsin now have significantly different estate tax rules).
- What happens if I have a serious illness, become incapacitated or die?
- I want to be sure my spouse and family have a continuous stream of available income.
- What about Alzheimer’s and the impact on the family?
- I want to avoid probate time and the costs related to the probate of my estate.
- How can I keep my financial affairs private?
- I have concerns about the distribution of my estate upon my death.
- What happens if I have minor children when I die?
- What happens if I remarry or one or more of my children remarry?
- I have highly appreciated assets but I want to avoid capital gains.
- Medicare claims seem very confusing.
- I have an elderly parent who can no longer manage their own affairs and I need help keeping track of their finances.
How we have helped our clients:
- Counseling with families we can bring peace of mind.
- We can work with our customers and their legal counsel to establish trust arrangements that meet the needs and expectations of our customers during their lifetimes and at death.
- As individuals age, we can provide the transition financial services they wish to avoid or are no longer capable of handling on their own.
- We can review current legal documents and offer observations for potential change.
- We can assist with the sometimes difficult communication with family members regarding transitions in financial management.
III. Retirement Planning & IRA Rollovers
Concerns of some of our existing clients have included:
- I am going to retire and I have a lump-sum distribution available from my company retirement plan.
- What should I do with my 401k plan when I retire?
- I want to maintain my lifestyle throughout my retirement years – is that possible?
- In the years just prior to retirement I want to maximize the amount I set aside to minimize taxes and be better prepared for retirement.
How we have helped our clients:
- We help our clients analyze their current retirement assets and make recommendations for changes to their asset allocation as they transition into their retirement years.
- We provide investment expertise to help develop an appropriate strategy to provide the necessary income and/or growth.
- With IRA rollovers we provide our clients with regular opportunities to review their investments and we can both monitor and modify their portfolios utilizing a systematic investment approach.
IV. Estate Administration
Concerns of some of our existing clients have included:
- Who will handle my estate upon my death?
- I have several children and I am concerned about burdening one of them with the obligation to serve as my personal representative.
- Who liquidates my assets upon my death?
- Who pays any bills that are outstanding at the time of my death?
- Who prepares the documents that need to be filed with the probate court?
How we have helped our clients:
- We regularly serve as personal representative for estates of all sizes.
- We regularly serve as a counselor and sometimes as a buffer when dealing with family members who are suffering the traumatic loss of a family member while still having to make timely financial decisions.
- We utilize the most up-to-date computer software to account for estate assets and make the required reports to the probate court.
V. Guardianships
Concerns of some of our existing clients have included:
- The nursing home tells me my parent needs a court-appointed guardian.
- My parent can no longer manage their financial affairs, I live 1,000 miles away and am on the road for my business.
- We’re concerned about which of the children should have access to Mom or Dad’s assets.
How we have helped our clients:
- We are regularly appointed by the court to serve as Guardian of the Estate for individuals who are no longer capable of managing their own affairs.
- When one or more family members may be in conflict regarding financial matters, we can serve as the needed fiduciary to fulfill court requirements and provide timely financial reports to all interested parties.
- Nursing homes and medical providers work with us regularly to simplify the billing process as well as any potential claims process regarding Medicare or supplemental insurance.
VI. Custody Services
Concerns of some of our existing clients have included:
- I still want to control my own investments decisions!
- I go to Arizona for five months of the year and it seems my mail and paperwork gets lost or messed up.
- I am tired of getting so many 1099 forms at tax season.
How we have helped our clients:
- As custodian for our customer’s assets, we provide the simplified bookkeeping and record keeping they may require.
- Our clients who regularly travel or winter in a warmer climate benefit by having all their assets under one umbrella account.
- Our customers feel they maintain control without having to worry about the details.
*NOT FDIC INSURED * MAY LOSE VALUE * NO BANK GUARANTEE * NOT A DEPOSIT
* NOT INSURED BY ANY FEDERAL GOVERNMENT ENTITY.
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