Heritage Planning Partners

Achieving

peace of mind requires

an unwavering partnership

Our Process

We help you define objectives, articulate goals and create a comprehensive financial plan.

We have a specialized team to implement and deliver a unique client experience.

We provide on-going guidance and service so the financial plan is always relevant.

About Us

Heritage Planning Partners team photo

We have an unyielding belief that achieving financial peace of mind requires an unwavering partnership leading to a more prosperous life. As a result, our clients’ lives can be enriched; they can avoid regret; they can achieve what’s possible.

The core values at Heritage Planning Partners define who we are and guide us in doing what’s right for our clients, our team, and our communities.

Core Values

Practice the “Golden Rule” – We are guided by our pledge to do what is in our clients’ best interest, always.

Transparency – We expect and deliver open communication and accountability.

Advocacy – We lead our clients to their most meaningful goals working on their behalf to uncover what is possible to achieve.

Innovation – By reinvesting in human capital we deliver a comprehensive client experience leading to an enhanced legacy.

Our Team

We are a dedicated team of specialists that value our relationships with our clients. We take great pride in the work we do, and are committed to making sure our clients have a customized financial plan that best suits their needs and the needs of their families. To learn more about our team please click on the bios below:

Julie Scott photo
Julie Scott
Jennifer Levin photo
Jennifer Levin
Melissa photo
Melissa Waitzman
Noreen Presbitero photo
Noreen Presbitero
Grace Pennacchi photo
Grace Pennacchi
Kathryn Hickman photo
Kathryn Hickman
Matthew O’Malley photo
Matthew O’Malley
Christine Bouchend'homme photo
Christine Bouchend'homme
Gaby Judge photo
Gaby Judge
Michael Ferak photo
Michael Ferak
 

To learn more about Northwestern Mutual Investment Services, LLC and its financial representatives, visit: FINRA BrokerCheck

Community Involvement

At Heritage Planning Partners, we strongly believe in giving back to our community and organizations that our team is passionate about. Our goal is simple: to improve lives and make a lasting impact on our local communities. We do it in several ways.

Heritage Planning Partners is pleased to support the following:

Services

Investment Strategies

Your goal to achieve financial security will undoubtedly include investing for your future.

We can offer you the expertise you need to ensure your investment strategy is aligned with your goals, time horizon and tolerance for risk.

Northwestern Mutual offers investment advisory services, private client services and trust services. Within these levels of service, we may recommend that your portfolio include one or more of the following investment tools.

  • Signature Choice is an investment advisory program that allows your wealth management advisor to provide advice concerning asset allocation, security selection and rebalancing. Your advisor can utilize a wide range of securities, including mutual funds, exchange-traded funds (ETFs) and individual equity and fixed income investments, to help implement your investment strategy.

  • Signature Managed Accounts is an investment advisory program that utilizes third-party asset management and portfolio manager selection to assist in providing you with a comprehensive investment solution.

  • Signature Retirement is an investment advisory program and integral part of the Northwestern Mutual Retirement Strategy planning process. It is designed to manage your assets and income streams in accordance with your overall retirement plan to provide a balanced and reliable source of income throughout your lifetime.

  • Signature Portfolios is an investment advisory program that utilizes select mutual funds and/or exchange-traded funds to construct well-diversified portfolios for your needs.

  • Signature Annuities is an investment advisory solution that utilizes investment options available within the NM SelectTM Variable Annuity to construct comprehensive, well-diversified investment portfolios for your needs.

  • Private Client Services (PCS) is a fully discretionary, flexible portfolio management solution for high-net-worth individuals that uses a combination of individual securities and other investment vehicles to manage client assets. The wealth management advisor serves as the investment advisor and relationship manager, while Northwestern Mutual Wealth Management Company’s PCS investment team provides the investment management.

  • Trust Services: Whether the goal is estate tax exclusion, spendthrift protection or multi-generation investment management, Northwestern Mutual can serve as professional trustee for a variety of trusts.

We also are able to offer you the following products and services through Northwestern Mutual Investment Services, LLC (NMIS):

  • Bonds
  • Cash management services
  • CDs
  • Money market funds
  • Mutual funds
  • Stocks
  • Treasury bills
  • UITs

Trust Services

Trusts help you ensure that your assets are managed according to your wishes and pass to your beneficiaries intact. As part of a tax strategy, trusts can also be used to help you keep more of the assets you’ve worked so hard to accumulate.

Northwestern Mutual can serve as trustee, co-trustee or successor trustee in a wide range of situations, providing services to help you:

  • Manage, supervise and provide regular reports of investments and their performance.
  • Preserve family harmony when carrying out your intentions.
  • Ensure continuity of stewardship that can endure for generations.

Our trust services cover a range of trust types, including:

  • Revocable Living Trusts

    A revocable trust allows for the professional management of your assets during your lifetime and following your death. This type of trust often permits your assets to be managed without the need for a court-ordered guardianship if you become incapacitated, and it allows your assets to pass to beneficiaries outside the potentially costly and time-consuming probate process after your death.

  • Irrevocable Trusts

    An irrevocable trust allows for the professional management of your assets and allows you to make gifts to the trust – free of gift tax, up to certain limits – so that assets can grow and pass to your beneficiaries without being diminished by estate taxes.

  • Charitable Remainder and Lead Trusts

    These irrevocable trusts are designed to provide income to beneficiaries and to charitable organizations, often at a lower tax cost than gifts made outside these trusts

  • Generation-Skipping Trusts

    These are irrevocable trusts that endure for multiple generations, so that assets can be managed for and distributed to grandchildren and generations beyond. This strategy frequently avoids estate and gift taxes that would apply if assets were transferred outright to each generation.

  • Marital and Credit Shelter Trusts

    These trusts take advantage of state and federal estate tax exemptions so that property can pass to a surviving spouse and other beneficiaries while minimizing the impact of estate taxes.

By choosing Northwestern Mutual as your trustee, you’ll benefit from objective trust administration and expert investment management that can provide financial growth and security for your family.

Risk Management Solutions

When your financial plan includes wealth protection and risk management, you'll be helping to ensure your family - and your vision for the future - is secure.

I'll work with you to develop strategies to:

Provide for your family in the event of death. Life insurance policies can be designed with different needs in mind. They can provide temporary protection, cash accumulation or may be utilized as part of an estate plan. Through my association with Northwestern Mutual, I have access to Northwestern Mutual's high-quality, competitively priced life insurance products, including permanent, term, combination and variable policies.

Provide for you and your family in the event of a disability. Disability income insurance helps to protect your most valuable asset, your ability to earn an income. But what if the unexpected happened and you suddenly weren’t able to earn a living because of illness or injury? Not only would you have the stress of meeting everyday living expenses, but you might also have to put other goals, like saving for a child's college or for retirement, on hold.

Provide for long-term care. Long-term Care events can have a significant impact on your financial security. Planning for long-term care events can help provide options on how to fund and receive care, should you need it.

Employee Benefits Planning

One of the biggest challenges faced by business owners today is the need to recruit, retain and reward talented employees.

Employee Benefits

We can help you design a quality, affordable benefit plan that may include features such as:

  • Group health insurance.
  • Group life insurance.
  • Group disability income insurance.
  • Dental insurance.
  • Vision insurance.
  • Flexible spending accounts.
  • Qualified retirement plans such as SEP IRA or 401(k) plans.

To learn more about Northwestern Mutual Investment Services, LLC and its financial representatives, visit: FINRA BrokerCheck

Site Description

Heritage Planning Partners is a financial planning and wealth management firm in Chicago. At Heritage Planning Partners we are committed to making sure our clients have a customized financial plan that best suits their needs and the needs of their families.