Business Details
Your Trusted Financial Partner in Portland, ME
WealthSmith Financial Planning was founded on the principle of providing personalized, objective financial guidance to help individuals and businesses achieve long-term financial security. Our approach begins with understanding each client's unique goals, followed by designing tailored strategies that address wealth accumulation, retirement planning, estate management, and risk mitigation. With over 25 years of combined experience among our leadership team, we leverage advanced certifications including Certified Financial Planner (CFP), Chartered Financial Consultant (ChFC), and Accredited Investment Fiduciary (AIF) designations to deliver comprehensive solutions.Our independence allows us to select from a broad range of investment vehicles while maintaining fiduciary responsibility to clients. We distinguish ourselves through transparent communication, ongoing educational workshops, and a commitment to community service that has earned us trust across Maine and beyond. Our process emphasizes continuous plan monitoring and adjustments to ensure clients stay on track through life's changing circumstances.
Services
Financial Planning
Investment Advisory
Retirement Planning
Estate Planning
Tax Management
Highlights and features
- We have over 25 years of combined experience in financial planning and investment management.
- Our personalized financial plans address all aspects of wealth management from accumulation to distribution.
- We maintain fiduciary standards through our affiliation with Cambridge Investment Research Inc.
- Our team holds advanced certifications including CFP, ChFC, and AIF designations.
- We provide ongoing educational resources and community-focused financial literacy programs.
Associations and certifications
- Registered Investment Advisor (RIA)
- Certified Financial Planner (CFP)
- Chartered Financial Consultant (ChFC)
- Accredited Investment Fiduciary (AIF)
Services
Financial Planning
Our comprehensive financial planning service creates customized roadmaps for clients' financial futures. We analyze cash flow, retirement needs, tax situations, and estate goals to develop integrated strategies. With ongoing monitoring and adjustments, we help clients navigate life changes while maintaining focus on long-term objectives through personalized guidance and evidence-based decision making.
Investment Advisory
We design and manage diversified investment portfolios aligned with individual risk profiles and financial goals. Utilizing our affiliation with Cambridge Investment Research, we access a wide range of investment options including mutual funds, ETFs, and individual securities. Our approach emphasizes strategic asset allocation, regular performance reviews, and timely adjustments to market conditions while maintaining fiduciary responsibility to clients.
Retirement Planning
Our retirement planning service focuses on creating sustainable income streams for clients' post-work years. We analyze Social Security optimization, pension options, and withdrawal strategies from various retirement accounts. Through tax-efficient distribution plans and ongoing adjustments, we help clients maintain their desired lifestyle while managing longevity risk and market volatility throughout their retirement journey.
Estate Planning
We develop comprehensive estate conservation strategies to protect and transfer wealth efficiently. Our approach includes analyzing wills, trusts, and beneficiary designations while coordinating with legal professionals. We focus on minimizing tax implications, ensuring business succession plans, and creating legacy strategies that align with clients' values and family needs across generations.
Tax Management
Our tax management service integrates with overall financial planning to minimize tax liabilities through strategic timing of income and deductions. We focus on tax-efficient investment strategies, retirement account conversions, and coordinated planning with CPAs. By analyzing clients' complete financial picture, we implement solutions that maximize after-tax returns while maintaining compliance with evolving tax regulations.
People
Gary Smith
Owner, Financial Planner
Gary Smith, CFP, ChFC, AIF, has over 25 years of experience in financial planning and investment management. He specializes in retirement income strategies, estate conservation, and tax-efficient planning while maintaining fiduciary standards through his RIA affiliation. Gary earned a BS in Finance from Bentley University and actively contributes to Maine's community through various nonprofit involvements.
Questions
What financial services does WealthSmith offer?
We provide comprehensive financial planning, investment advisory services, retirement planning, estate conservation strategies, tax-efficient solutions, and insurance planning for individuals and businesses.
How do I schedule a consultation?
You can self-schedule a free consultation through our website or contact us directly at 207-850-0075 to discuss your financial goals with Gary Smith, CFP.
Are you registered to work with clients nationwide?
We are registered to offer securities in CA, CT, FL, ME, MD, MA, NH, TX, and WA, serving clients both locally in Portland and across state lines.
What makes WealthSmith different from other advisors?
Our combination of advanced certifications (CFP, ChFC, AIF), fiduciary approach, and personalized planning process focusing on lifelong client relationships sets us apart in the industry.
What investment strategies do you use?
We employ diversified portfolio strategies tailored to individual risk tolerance and goals, utilizing mutual funds, ETFs, individual securities, and alternative investments through our RIA affiliation.
How are your advisory fees structured?
We offer transparent fee-based services with customized pricing based on the complexity of your financial situation and the scope of services required.
