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Financial Planning Services on Long Island
A comprehensive financial plan, built around your goals, your timeline, and your life.
Comprehensive Financial Planning for Long Island Residents
You have spent decades building. Now your financial life has real complexity: multiple accounts, tax considerations, business interests, a retirement that is closer than it used to be. That is where a Long Island financial planner who understands what living here costs in retirement can change your outcome.
Does Your Financial Life Have a Clear Plan Behind It?
The individuals who seek our guidance are often well-established in their careers and have typically prioritized a steady approach to saving and long-term financial stability. What they are missing is a cohesive strategy that connects the retirement accounts, real estate, business income, and tax picture into something built to last 25 or 30 years.
Without that framework, decisions feel reactive. Tax season brings surprises, retirement feels closer than your plan feels ready for, and the question of whether you are on track never quite goes away.
On Long Island, the stakes are higher than most national planning guidance acknowledges. Property taxes in Nassau and Suffolk Counties are among the highest in the country, healthcare costs continue to climb, and the retirement number that works elsewhere may not work here. A plan built around national averages can leave real gaps for Long Island residents.
What most of our clients want is a clear view of where they stand and what their money can realistically do over the long term.
Why a Financial Plan Is More Than an Investment Strategy
Financial planning is the process of organizing your entire financial life into one coordinated strategy. It accounts for where you are today, where you want to go, and how everything works together: retirement income, taxes, investments, insurance, and estate plans, all supporting your goals.
For high-income professionals and retirees with complex financial lives, personal financial planning means more than reviewing account balances once a year. It means building a strategy designed to help you make better decisions, reduce unnecessary tax exposure, and pursue your long-term objectives.
Financial planning involves projections and assumptions that may not be realized. Investment strategies involve risk, including possible loss of principal. Past performance is not indicative of future results. Tax laws and personal circumstances change, and a financial plan should be revisited periodically. Investment Insight Wealth Management, LLC does not provide legal, tax, or accounting advice. Clients should consult with their attorney, CPA, or other qualified professional regarding their specific legal or tax circumstances. Estate planning coordination refers to working alongside the client's existing legal and tax advisors
What Your Financial Plan Includes
Every engagement starts with a thorough review of where you stand today. From there, we build a strategy designed to address what matters most and adjust as your circumstances evolve.
- Comprehensive financial review
- Retirement income planning
- Tax-efficient planning strategies
- Investment strategy aligned with your goals and risk tolerance
- Estate planning coordination
- Insurance and risk assessment
- Education funding planning (where applicable)
- Written plan with clear next steps
- Regular reviews and adjustments
Personalized Financial Planning
Retirement, tax, estate, insurance, and education planning — each area is addressed as part of your broader strategy, not managed in isolation. Your plan reflects your specific goals and circumstances.
Investment Strategy
We design investment approaches aimed at pursuing your long-term financial objectives, taking into account your risk tolerance and time horizon. Your investment strategy is built to align with your plan.
Financial Empowerment Toolkit
Clients have access to planning resources and reporting tools that make it easier to understand where you stand financially. Between meetings, you'll always have a clear view of your accounts, your plan, and any changes worth discussing.
Client Support
Clients can reach Robert Sullivan and Chris Sullivan directly as needed, not just at scheduled reviews. When a job transition, health event, or market drop occurs, you won't be waiting for your next scheduled review to get answers.
Technology and Tools
We use MoneyGuidePro, YCharts, and Morningstar to support the planning and analysis behind your strategy. You'll be able to see exactly where you stand and what adjustments could change your outcome before making any decisions.
Comprehensive Financial Plan Pricing
You should know exactly what you are paying before we sit down together. That transparency is part of how we work.
Financial planning at Investment Insight is priced at 1.5% of annual household income, with a minimum annual fee of $3,750. Your fee arrangement will be explained in full before you engage. We require an initial retainer equal to 50% of the projected consulting or financial planning fee. Advisory Clients will be directly billed for the remaining balance, which is payable within 30 days of the delivery of the completed financial plan. Please note that fees may be subject to negotiation at the discretion of Investment Insight Wealth Management.
Household Income
- $250,000
- $300,000
- $400,000
- $500,000
Annual Planning Fee
- 3,750 (minimum)*
- 4,500
- $6,000
- $7,500
*The $3,750 annual minimum applies regardless of household income. Clients with annual household income below $250,000 will be charged the $3,750 minimum. Fees may be negotiable at Investment Insight’s discretion.
Financial Planning FAQs
Here are some common questions and concerns related to our service.
What is comprehensive financial planning?
Comprehensive financial planning organizes every area of your financial life — retirement income, investments, taxes, insurance, and estate planning — into one coordinated strategy. It helps you see how everything connects and make decisions with a complete view of your finances.
How much should I pay for a financial plan?
At Investment Insight, financial planning is priced at 1.5% of annual household income, with a minimum annual fee of $3,750. Your fee arrangement will be explained in full before you engage.
How often should I update my financial plan?
A financial plan should be reviewed at least once a year. It should also be revisited any time a major life event occurs such as retirement, the death of a spouse, a business transition, a significant change in income, or a shift in your tax situation. For surviving spouses in particular, updating a financial plan promptly is important, as income sources, tax filing status, and benefit eligibility can all change at once.
Do I need a financial advisor for financial planning?
For people with complex financial lives — multiple accounts, business interests, real estate, or retirement income decisions — working with a financial advisor helps you evaluate trade-offs and build a strategy that accounts for all of it.
What are the benefits of working with a Registered Investment Adviser (RIA)?
RIAs are held to a fiduciary standard, meaning they are required to act in your best interest. Their compensation is clearly disclosed upfront, so you always know how they are paid and whether their guidance is aligned with your goals.
What is the difference between financial planning and investment management?
Financial planning covers your entire financial life: retirement, taxes, estate planning, insurance, and more. Investment management is one component of that plan, focused on building and managing a portfolio aligned with your goals and risk tolerance.
Ready to Build a Plan That Works for You?
If your financial life has grown more complex than your current strategy can handle, bringing it together under one cohesive plan is a meaningful step forward. Let's start with a conversation about where you are, what you have built, and where you want to go.
Financial Planning Education
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