Most people get to the point where they have multiple accounts with multiple providers, they rarely look at them, and they don’t know how all the pieces fit together. Our first step is a meeting just to organize and create what we call your Financial Life Map.
After gathering enough data, we can now explore ideas of how you can reach your goals or solve any issues. We will recommend things based on our own evaluation but hope to keep this interactive so that you feel ownership over the process.
Now it’s your turn. We determine a timeframe for you to ‘live in’ your new plan and see how it goes. Whatever we decided as your short-term goals, this is when we’ll test whether they work in real life, and then adjust accordingly.
By this point, you should feel like you’re more organized, more focused, and ready to accomplish your financial goals. We’ll meet again to fine tune your goals and plans, with each step getting you closer to your own financial freedom.
43% of Americans have not ‘spoken to anyone’ about retirement planning.
Our process generally follows the Certified Financial Planner’s Board’s. The CFP® website says it best:
“Although many professionals call themselves “financial planners,” only Certified Financial Planner™ professionals have completed extensive training and are held to the highest ethical and educational standards. CFP® professionals understand the complexities of the changing financial climate and will make financial planning recommendations in your best interest.”
Though each person will receive customized advice,
we rely on a few simple rules to govern our investment management
1. Investments should be cheap
The cost of investment products has dropped dramatically. If you haven’t reviewed yours in years, you’re likely paying too much.
2. Investments should be simple
More complexity does not make more money.
3. Investments should be Systematic
We try to eliminate investor emotions by having a set of rules and sticking to them.
4. Investments should be Evidence-Based
We invest based on decades of peer-reviewed academic work. You won’t find forecasts or hunches here.
5. Don’t be Dumb
Avoid unnecessary taxes and expenses, avoid proprietary black boxes, avoid annuities and bad life insurance products.
For our investment management clients, we charge a tiered percentage of your dollars managed. We guarantee we’ll be cheaper than your current adviser!
Maybe you feel like you have most things under control, but need advice on a few specific items. In this case we’ll set up an hourly arrangement, and you’ll only pay us for a small amount of work.
If you’re just getting started or love investing on your own, this option may be for you. For a simple fee, paid monthly or in a lump sum, you’ll get a year of comprehensive financial planning.