Financial Planning for Construction

5 Construction Trends that May Impact Your Business

  1. Investment in technology such as: Smart Contracts utilizing blockchain, Building Information Technology software, and construction management software
  2. Decreased labor force leading to increased wages and costs combined with increased supply costs. Automation and robotics will take on greater roles within the industry to combat rising costs
  3. Green building regulations and rising costs due to environmental legislation and safety regulation
  4. 75% of construction-related companies experienced a cyber incident. Some incidents can take a week or more to rectify, and if a customer’s personal data is breached legal issues can drag on for years
  5. Design-build – where a single firm takes on the responsibilities of architects, contractors, and construction workers

The construction industry is in a state of incredible technological growth and transformation.  Our clients look at the long term and have a financial plan built to protect and preserve their wealth.  When our clients face business obstacles or industry turmoil happens they have a long-term strategy for retirement. 

4 Key Factors to Financial Planning

Discovery

Discovery

We create strategies that are tailored to your needs and goals.

Personal Goals

Personal Goals

Years of experience have prepared us to guide you through your life transitions.

Financial Plan

Financial Plan

Selecting the right investments that will be the vehicle to drive you to reach your Goals, while being suited for their tolerance for volatility in the market

Monitor

Monitor

Constant monitoring and updating of the plan as you make your way through your ever changing life

Try Two of Our Financial Planning Tools

Find Your Risk Number

Find Your Risk Number

Step 1: The first step is to answer a 5-minute questionnaire that covers topics such as portfolio size, top financial goals, and what you’re willing to risk for potential gains.

Step 2: After pinpointing your Risk Number, we’ll craft a portfolio that aligns with your personal preferences and priorities, allowing you to feel comfortable with your expected outcomes.

Step 3: We will also review your progress toward your financial goals by building a Retirement Map.


<h2 data-section-id="10" data-box-id="2" data-box-type="title">Is Your Financial Plan Aligned with Your Goals?</h2>

Is Your Financial Plan Aligned with Your Goals?

When markets turn as volatile and confusing as they have in the past, even patient investors may come to question the wisdom of the investment plan they've been following. You may have come to the realization that you believed you had a good plan when in fact, you don't.


As Warren Buffet once said, “When the tide goes out, you find out who was swimming without shorts.” What we offer...A cup of coffee and a Second Opinion from a Board Certified Financial Planner (CFP®)


Click Here to Start Your Financial Plan

Branden Carney, CFP®

Wealth Planner

877-293-5830

248-499-8721

bcarney@melonewealth.com

Branden’s career in the financial industry began with Plante Moran Financial Advisors in 2016, after receiving his degree in Finance from the Eli Broad College of Business at Michigan State University. He then moved on to work...

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Jake Veri

Intern

877-293-5830

248-499-8721

Jake is a sophomore studying finance at Michigan State University's Eli Broad College of Business.  He plans to pursue a career as a financial planner at Melone Private Wealth after graduating.

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<h2 data-section-id="18" data-box-id="1" data-box-type="title">Sales &#38; Cigars: Building Trust with Branden Carney</h2>

Sales & Cigars: Building Trust with Branden Carney

Branden has appeared on the Walter Crosby Podcast Sales and Cigars.  His episode is Building Trust with Branden Carney.  During the podcast Branden covered:

  • Building trust with your clients. 
  • The variables that might affect your retirement plans.
  • The financial industry is all about planning. 

Links to Podcast 

Listen Now
Authority Magazine

Authority Magazine

Jason Hartman's Investing During the Pandemic Series

Excerpt from Branden's Interview:

 My first piece of advice to everyone is turn off the news, especially as it relates to the financial markets. Unfortunately, there is never anything good that comes from the ongoing news cycle today. Most of the time, especially as it relates to the financial industry, they are just feeding you the next apocalypse “de jure” that is going to “take down the markets”.

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