If you feel like you are in the financial wilderness, your life seems a little chaotic and out-of-control, planning with a financial professional can help. Yet engaging a planner in and of itself can be overwhelming.
We have broken down the process into modules. You know your situation best and thus the best place to start. To make the first step easier, we have put together “bundles”. Those bundles, and a description of the module are:
Life can be overwhelming. Getting your finances in order can also be overwhelming. To simplify this task, we have broken down the financial process into modules. You can pick and choose the way you think we can be of most service or least where to begin.
Obviously different services will have different costs, but we have put together sample bundles for your convenience. For instance,
- Cash Flow
Price of $450-$600 ($450 is our minimum charge).
Stewardship Coaching Bundle
- Stewardship Coaching
Price of $450.
- Retirement Planning
- Investment Allocation and Management
- Passing on to the Next Generation (Estate Planning)
Price of $600-$800 offset by investment management fee (as are all services).
At our initial meeting, (either in office or by video conference) we can put together a package tailored your needs and cash flow situation.
For a more “traditional” financial planning fee schedule, see our services worksheet PDF.
Modules to choose from
Without knowing where you are, you cannot know how to get where you want to go. Larry Crabb likes to talk of the red dot on the map at the mall-“you are here.” That is where we want to start. A few simple changes or additions to such things as account styling or beneficiaries can save hours of headache and expense later.
We are an anxious people. With our chaotic world and the increasing demands of the society in which we live, it is hard to have peace. Much of our anxiety arises because we know our lives are not according to our values. The stewardship coaching process is designed to help you begin that “alignment”. Based on biblical values found in the teaching of Ched Myers’ “Sabbath Economics”, the process is designed to gently and gradually allow you to point yourself in the direction that you want to go.
The “proper” allocation of investments is the most common question we receive. We look at the big picture (i.e. the state of the markets), consider the tax code, and maybe most importantly, your risk tolerance in suggesting a portfolio. Ongoing maintenance of the portfolio, considering the ever-changing previously mentioned factors plus the rebalancing of the portfolio, is crucial.
For those who prefer to “do it yourself”, a second opinion can be very valuable. Please see the Investment and Retirement Planning Module for information on ongoing portfolio management.
Giving to others can be one of the most joyous things that we do. Are you optimizing your charitable giving? Are you using all the options available to you through the tax code for the benefit of charities? We can help with the myriad of available tools.
Planning for your children’s college education can be overwhelming. Costs continue to escalate along with financing alternatives. We can lay out the various saving methods, discuss the costs among the different institutions, and help with options for the repayment of student loans.
We do not have an investment "silver bullet" nor do we have allusions of being able to deliver the highest returns. We concentrate on developing a portfolio suited to your individual needs with downsides protection as paramount. The state of the market, your tax situation, your risk tolerance, etc., all go into a portfolio suggestion. Ongoing maintenance of your portfolio, continuous analyzation of the ever-changing previously mentioned factors and the rebalancing of your portfolio, is crucial.
These are interesting times which nobody has seen before. We, nor does anybody else, know the future. We think periodic adjustments, as opposed to an autopilot investment strategy that has worked in the past, are necessary for “investment success.”.
Investment advisor fees (annual) are usually around 1% per annum. On a best efforts basis, we attempt to offset planning fees over and above the $450 minimum.
Investment and Retirement Planning
We are living longer, retiring earlier, and have less family support probably than any time in history. Planning for this period of life can be both exciting and overwhelming. Financial, and non-financial, matters are important to address. We examine all sources of cash flow and potential expenses including Social Security and Medicare options.
The nature of your cash flow can be your most important financial measurement. Most of us do not know where our cash is going. Frankly, for most of us, tracking cash flow is way too much like being on a budget and being on a budget is like a diet. No fun.
Fortunately, computers have made much of the expense tracking easy. We can share tips, show you comparative information, and give you the tools the data necessary so you can spend your money in the way you want to.
With our debt loving society, it is hard to manage your cash flow. But debt is always future spending brought forward. Eventually you have to “pay the Piper”. We can help with a repayment plan, analyze alternatives, and even walk with you through the legalities of creditor procedures.
You have worked hard for your money. Insurance is a necessary evil in protecting your savings and helping to secure your family’s financial future. This life does not provide guarantees, but you should be wise by having enough (but not too much) insurance coverage to care for your loved ones, not to mention yourself.
Component price-$300 (any premiums received credited towards this amount)
Passing on to the Next Generation
Taking specific steps to provide for the next generation is one of the easiest things to put off. Fortunately, most of procedures that you can put in place so that your money goes where you want upon your passing are easy to do. We can help with estate planning so that when that time eventually comes, your love ones will, at least, not have to worry about the structure of the finances.
Though we are not presently taking on new tax-preparation clients, we can review your returns and help you with planning going forward. Again, a second opinion can be very valuable.
Situational clients seek targeted solutions to specific goals or situations.
Situational clients work with us on a limited basis to seek guidance on the most appropriate solutions for their circumstances and goals, which can include:
- Investing Strategy (One Time)
- Life Insurance
- Debt Repayment Plan
- Disability Protection
- College Savings
- Estate Settlement Assistance
Financial advice is billed $150 per hour, minimum $450.