We deliver top notch financial advice without the cost of a CFO. Highly skilled at objectively assessing and strengthening your financial situations and needs. Available when you need us.
Learn moreFrom our humble beginning in 1983 we have long stood for integrity and commitment. We are now partners with many A+ rated companies to assist you in achieving your financial goals.
At FMIS we've been serving the Los Angeles area for more than 35 years. We specialize in retirement planning for both those who are retired as well as those looking to plan for retirement. We offer a client focused system where we examine your goals first. We believe that the best plan comes from putting your needs first and then finding the best solution to meet those goals.
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We have a variety of products that furnish the needs of many public education and non-profit organization employees as well as the public sector.
Need help evaluating your future needs and achieving your retirement goals? We can help you put a plan in action.
Retired but need to make sure than you do not outlive your income? Or, maybe life has changed and you need to adjust your previous goals. Either way, we can help!
Have questions about the benefits of an IRA rollover? We have helped thousands with their 403(b), 401(k), ROTH, SEP, SIMPLE and more. Working with qualified funds has been our specialty for more than 30 years!
We can help you pass on your hard-earned savings to your heirs in a tax efficient way. Whether it is pre-taxed or even post tax funds we can show you how to maximize your legacy. We also have an in-house attorney to assist with Wills and Living Trust.
Too often clients view this as just simply Term Life or expensive Whole Life. However, utilizing a life insurance policy is often a great way to maximize your legacy, or even increase your tax-free income.
Simply put, too many clients are no longer being serviced by their advisor. We are happy to help you with you service needs. Even if you are not yet a client. We can help by assisting you with reviewing confusing annual statements, obtaining forms for address changes, updating your beneficiaries and more.
We are thankful for the financial guidance that Shane has provided. His knowledge and expertise are impressive. He is always available to answer questions and provide information. Shane truly cares about his clients and has their best interest at heart.
Shane Malek has been our financial advisor over the past 25 years. During this time, he has grown our financial portfolio considerably. He consistently investigates current and new financial products on our behalf. Mr. Malek has a sense of duty in reviewing and evaluating our financial status and indicators. He conducts regular cost analyses amongst other things. His attention to detail of skills has allowed us to achieve financial success. He has played a critical role in investing and growing our portfolio. Shane provides valuable financial recommendations. His work is consistently excellent, and we recommend him without any reservation.
Shane Malek has been a longtime friend of our family and regard him as Family. We have entrusted him with our Financial affairs for years. He is a man of High Caliber and Integrity with a loving heart and a kind soul. We are fortunate to have him within our circle as he is very dear to us.
Annuities have a tax-deferred status, meaning that while interest accrues on the savings, they are not taxed until withdrawn. This status helps to increase the amount of earnings in an annuity account.
You should take the following into account when deciding between an annuity and mutual fund. Mutual funds follow the market conditions directly. While they may offer a higher rate of return if conditions are positive than annuity, they also carry the risk of loss, both of your investment and interest earned. Annuities, however, have underlying guarantees and are not directly invested in the market. They participate in the positive years without the risk of loss in down years.
The Secure Act of 2019 became law on December 20, 2019. The Secure Act made major changes to the RMD rules. If you reached the age of 70½ in 2019 the prior rule applies, and you must take your first RMD by April 1, 2020. If you reach age 70 ½ in 2020 or later you must take your first RMD by April 1 of the year after you reach 72.
From our humble beginning in 1983 we have long stood for integrity and commitment. We are now partners with many A+ rated companies to assist you in achieving your financial goals.
We deliver top notch financial advice without the cost of a CFO. Available when you need us.
21031 Ventura Blvd. Suite 330 Woodland Hills, CA 91364
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