Products & Services

Your insurance protection is an extension of your financial plan and your front-line defender for all your assets, income, and earning potential.

Having the appropriate coverage is essential and does not necessarily have to come with added cost.

Insurance, when broken down to its basics, is a transfer of risk. Our goal is to transfer as much risk away from you and onto the insurance company for as little premium as possible. Making your policies highly efficient requires matching your specific needs with the appropriate insurance company.

Our insurance division represents highly reputable insurance companies; you can be confident you’ll receive the best value and support.

Our services include:  

• Independent insurance needs analysis

• Quarterly review of Life, Disability, Long Term Care, and Property/Casualty Insurance Policies

• Development and implementation of new risk reduction comprehensive strategies

Crosby Advisory works in partnership with NMD (Nemec, Malinas & Dynes) Insurance to provide insurance services. We’ll work together with you to solve the toughest risk management challenges.

Investments and Retirement Planning 

As an investment firm in Ashland, Ohio and an RIA, we recognize that everyone needs a different and customized strategy for investing, because everyone is seeking different objectives. The growth goals of a person nearing retirement are a lot different than a person just starting out, or for risk-averse investors that may be wary of too much market exposure. We've constructed Crosby Advisory Group (CAG) foundational portfolio strategies that are customized to align with your specific goals and time horizon - they include:

• Conservative
• Moderate
• Moderate-High
• Aggressive
• Aggressive-High

Each quarter we provide outlook summaries for all of our core investment strategies. Contact our office for more information. 

CAG Conservative Strategy 

We've constructed a custom conservative portfolio that is designed for solid growth potential with significantly less volatility than the overall market. We preserve capital and focus on growth. 

For these investors, we have a conservative portfolio that aims to achieve the following:

• Risk Tolerance 
• Investment Period
• Economic Cycle
• Personal Savings Objectives

CAG Moderate Investing Strategy

When we constructed our Moderate Strategy, our objective was to provide a steady return and grow on pace with market returns and with less volatility than the S&P 500 index. This is a challenge in any market, but this strategy has consistently performed well even in bear markets.

We believe there is significant value in long-term investing. Time is the greatest asset when investing and there isn't a need to take on unnecessary risk. You can obtain modest returns and with continued persistence achieve your financial goals. This portfolio is well suited for the investor that wants consistent near market returns with less volatility and wants more exposure to stocks.

CAG Moderate-High Investing Strategy

Our Moderate-High Strategy objective is to outpace the S&P 500 Index with less short-term volatility, while preserving capital in bear markets. This is achieved by increasing the exposure to equities and rebalancing every quarter to open favorable positions at opportune times.

• Main Attributes
• Higher Growth Potential
• Less Volatile Than the S&P 500
• Quality Holdings
• Diversified Portfolio

The CAG Moderate-High Strategy is consistently popular because of what we have been able to achieve. There remains diversification of asset classes with positions in bonds and equities but there is also diversification in the duration of bonds and diversification within the market caps of the equity holdings. This portfolio is designed for investors that want market returns with less volatility and want more exposure to stocks.

CAG Aggressive Investing Strategy

For more experienced investors we have built an aggressive approach aimed to outpace market return in the long run. For the Aggressive and Aggressive-High Strategies, we exemplify the benefits of long-term investing. The value of long-term investing comes from the ability to trust the process during bear markets and use it as an opportunity to purchase assets and not sell them.

The companies, mutual funds and ETFs that we research, select, and even purchase within this strategy are companies that have a long track record of performance, not just in the stock price but the underlying fundamentals of the company. The Aggressive and Aggressive-High portfolios aim to achieve the following:

• Capital Appreciation
• Long-Term Outpacing of the Market
• Smart & Tactical Investing
• Diversification
• Exposure to Winners of the New Economy

CAG Aggressive-High Investing Strategy

Much like our Aggressive Strategy, the Aggressive-High Strategy is positioned to beat market performance over the long run with comparable volatility. 

Wherever you are in your wealth-building journey we would like to be a partner and help you in your success. We take great pride in being a reputable investment in Northeast Ohio, with offices in Ashland, Ohio and Painesville, Ohio. Contact us today to discuss your financial plan and provide insight on the next steps you could take to achieve financial freedom and independence. 

At any time, you can request our forms ADV 2A and ADV 2B which go into the business practices and qualifications of Crosby Advisory Group, LLC. Insurance products offered are serviced through NMD Insurance and Crosby Advisory Group, LLC, which are licensed in the state of Ohio for Life & Health and Property and casualty insurance. Investing involves risk, including the potential loss of principal. You should carefully consider and understand all risks before making an investment.

Whether you are part of a team or leading it, your financial position is a vital indicator of your overall business success. It's not uncommon for teams to lack the resources - time, competency, employees - to continually build, manage and evolve their marketing and customer strategies. 

Success in reaching your customers is dependent upon strategic alignment, realistic and ambitious metrics, and defined channels to market with targeted messages, content, campaigns, and objectives. The CAG Marketing team has been helping business leaders create actionable marketing plans that drive business growth for over 20 years. Our areas of focus, include branding, customer experience, and driving demand. 

Retirement planning today has taken on many new dimensions that never had to be considered by earlier generations.  For one, people are living longer. A person who turns 65 today could be expected to live as many as 20 years in retirement as compared to a retiree in 1950 who lived,  on average, an additional 15 years.  Longer life spans have created a number of new issues that need to be taken into consideration when planning for retirement.

Lifetime Income Need

There actually is a lifetime after retirement and the need to be able to provide for a steady stream of income that cannot be outlived is more important than ever.  With the prospect of paying for retirement needs for as many as 20 years, retirees need to be concerned with maintaining their cost-of-living. 

Health Care Needs

Longer life spans can also translate into more health issues that arise in the process of aging.  The federal government provides a safety net in the form of Medicare, however, it may not provide the coverage needed especially in chronic illness cases.  Planning for long-term care, in the event of a serious disability or chronic illness, is becoming a key element of retirement plans today. 

Estate Protection

Planning for the transfer of assets at death is a critical element of retirement planning especially if there are survivors who are dependent upon the assets for their financial security.  Planning for estate transfer can be as simple as drafting a will, which is essential to ensure that assets are transferred according to the wishes of the decedent. Larger estates may be confronted with settlement costs and sizable death taxes which could force liquidation if the proper planning is not done.

Paying for Retirement

Retirees who have prepared for their retirement usually rely upon three main sources of income: Social Security, individual or employer-sponsored qualified retirement plans, and their own savings or investments.  A sound retirement plan will emphasize qualified plans and personal savings as the primary sources with Social Security as a safety net for steady income.

Social Security

Social Security was established in the 1930’s as a safety net for people who, after paying into the system from their earnings, could rely upon a steady stream of income for the rest of their lives.  The age of retirement, when the income benefit starts was, originally, age 65 which was referred to as the “normal retirement age”.  Now, for a person born after 1937, the normal retirement age is being increased gradually until it reaches age 67 for all people born in 1960 and beyond.  The amount paid in benefits is based upon the earnings of an individual while working.  If a person wanted to continue to work and delay receiving benefits, they could do so build up a larger benefit.  Conversely, early retirement benefits are available, at a reduced level, as early as age 62.

Employer-Sponsored Qualified Plans

Most employer-sponsored plans today are established as “defined contribution” plans whereby an employee contributes a percentage of his earnings into an account that will accumulate until retirement.  As a qualified plan, the contributions are deductible from the employee’s current income.  The amount of income received at retirement is based on the total amount of contributions, the returns earned, and the employee’s retirement time horizon.  As in all qualified plans, withdrawals made prior to age 59 ½ may be subject to a penalty of 10% on top of ordinary taxes that are due. 

Depending on the size and type of the organization, they may offer a 401(k) Plan, a Simplified Employee Pension Plan or, in the case of a non-profit organization, a 403(b) plan.

Traditional and Roth IRAs

Individual Retirement Accounts (IRA) are tax qualified retirement plans that were established as way for individuals to save for retirement with the benefit of tax favored treatment. The traditional IRA allows for contributions to be made on a tax deductible basis and to accumulate without current taxation of earnings inside the account.  Distributions from a traditional IRA are taxable.  A Roth IRA is different in that the contributions are not tax deductible, however, the earnings growth is not currently taxable. To qualify for tax-free and penalty-free withdrawals of earnings, a Roth IRA must be in place for at least five tax years, and the distribution must take plane after age 59 ½ or due to death, disability, or a first-time home purchase (up to a $10,000 lifetime maximum).  Depending on state law, Roth IRA distributions may be subject to state taxes..

Distributions from traditional IRAs and employer-sponsored retirement plans are taxed as ordinary income and, if taken prior to reaching 59 ½ , may be subject to an additional 10% federal tax penalty.

For more information on retirement income needs and income sources, please contact us today.

Whether you are part of a team or leading it, your financial position is a vital indicator of your overall business success. It's not uncommon for teams to lack the resources - time, competency, employees - to continually build, manage and evolve your marketing and customer strategies. 

Success in reaching your customers is dependent upon strategic alignment, realistic and ambitious metrics, and defined channels to market with targeted messages, content, campaigns, and objectives. The CAG Marketing team has been helping business leaders create actionable marketing plans that drive business growth for over 20 years. Our areas of focus, include branding, customer experience and driving demand.