Financial Planning

For many banks, financial planning is a one-size-fits-all solution. Financial Planners at The First National Bank of Mount Dora take the time to understand your personal situation and suggest ways to achieve your financial goals. Are you starting a career and want to establish a savings plan? Are you saving toward a big goal - a house or a college education? Are you looking forward to retirement, but nervous about whether your money will last? Or are you looking for the best way to preserve your nest egg and pass it on to the next generation?

Our personal financial advisors are experienced with:

• Trusts – A trust can ensure a smooth transfer of assets from one generation to the next without the headaches of protracted probate proceedings. Managing trusts for clients is one of our specialties.
• Charitable Gifting Techniques - Generation-skipping gifts and charitable gifts are ways for you to transfer some of your wealth to your family or to the community, often with tax benefits. Our financial advisors are fluent in the field of gifting.
• Investment Portfolios – Diversity, risk tolerance, capital preservation – our Trust & Investment Department can demystify the process of balancing different kinds of assets to help meet your goals, whether that’s growing a nest egg for the next 10 years or making sure the assets you have will still be there through retirement.
• Business Succession Planning – If you’re a business owner, we can help you plan how to turn over your enterprise to the next generation or the next owner.
• 401K Rollovers – If you’ve left a job and your 401(k) stayed behind, our financial advisors can help you move your investment balance from your old plan to a new place where they can grow and multiply. Need help sorting out a self-directed 401(k) from a Roth 401(k) or a 403(b)? Call us.