Old Forge Wealth Management
Financial Services in Warwick, RI
At Old Forge Wealth Management, we deliver tailored financial solutions, including investment advice, retirement planning, and risk management. Our services encompass tax strategies, estate planning, business retirement, and long-term care management.
Business Details
- Licensed and insured
- Year established: 1996
Highlights & Specialties
- Investment Management, Small Business Retirement Plans, Tax Planning, Long-Term Care Planning, Financial Estate Planning, Retirement Income Planning, Wealth Management Services, Financial Advisory Services
Social Profiles
Contact Details
Products & Services
Retirement Planning
read moreTodays retirement planning faces challenges from longer lifespans, inflation, and possible tax increases. Through our A3 Process, we empower clients to develop personalized retirement strategies. Key considerations include income dedication, choice of tax-beneficial plans, Social Security start age, and diversified income solutions, all focused on making retirement a reality.Investment Management
read moreOur team specializes in creating diversified, strategic investment portfolios tailored to various objectives and risk levels. We offer a proactive, personalized approach, including regular account rebalancing, scheduled reviews, and timely responses to inquiries.Long-Term Care Planning
read moreThe rising cost of skilled care later in life can be a significant financial risk to retirement plans and estates. Shaun T. Scott, CLTC, a Certified Long Term Care Specialist, works closely with clients to clarify how Long Term Care (LTC) can be incorporated into their Principal Family Plan (PFP). By reviewing various LTC options, along with their costs, benefits, and features, we assist clients in choosing the ideal plan that balances necessary coverage with manageable expenses.Estate Planning
read moreEffective planning can help prevent family conflicts, minimize legal delays, and reduce estate taxes. We support clients and their estate and elder law attorneys by ensuring all important documents are current and that all beneficiary-designated accounts have both primary and contingent beneficiaries listed.Education Planning
read moreWithout an early strategy, the high cost of college today can lead to large withdrawals from investment accounts or the need for home equity loanssteps that may delay or reduce your retirement savings. Well work with you to create an education plan tailored to your financial goals and resources, ensuring it aligns seamlessly with your Principal Family Plan.Tax Planning
read moreWell guide you through the tax implications of your financial options, including investments, distributions, and loans. Youll see not only how these choices affect this years taxes but also their role in your long-term Principal Family Plan. We coordinate with you and your tax preparer to ensure an effective tax strategy.Key People
Shaun T. Scott
AIF®, CLTC®, Fiduciary Wealth Managerread moreShaun Scott founded Old Forge Wealth Management to deliver expert retirement, tax, and estate planning alongside investment advice tailored for each client. With three decades of experience, Shaun serves clients in numerous states and internationally, prioritizing their long-term financial success. As an independent, fee-based financial advisor and fiduciary, Shaun is legally bound to act in his clients' best interests. He fosters a collaborative approach by staying in close contact with each clients tax advisor and estate planning attorney, ensuring that clients receive comprehensive, aligned support to help secure their financial futures.
Susan Ambrosino
Project Managerread moreFrom 1988 until joining Old Forge Wealth in 2020, Susan worked for 26 years and retired from the United States Postal Service. She then became licensed with Series 7, Series 63 and Life Accident & Health, working as a Financial Professional at AXA Advisors.
Her responsibilities are critical to the Old Forge Wealths mission and include all aspects of operations of clients accounts.
Her responsibilities are critical to the Old Forge Wealths mission and include all aspects of operations of clients accounts.
Jennifer Carreiro
Office Managerread moreJennifer joined Old Forge Wealth Management in 2021 from the finance department at Renewal by Andersen to fill critical service roles. She is a primary point of contact for existing and on-boarding clients in the front office, while providing integral project and operational support in the back office.