FREQUENTLY ASKED QUESTIONS
About Financial Planning
+ What is Financial Planning?
Not to be confused with traditional Financial Advisors, Financial Planning does not solely focus on investing your money or selling you a financial product like life insurance. Financial Planning is holistic approach to ensure financial wellness with the aim of allowing you to have a
- Healthy relationship with money and finances
- Understanding of the goals that are important to you and a clear path to accomplish them
- More enjoyment of your wealth
+ Who needs a financial plan?
In short, everyone can benefit from a Financial Plan. Sometimes just starting to create one can provide eye opening details that you might've not noticed about your financial life.
+ Can I do this myself?
Yes! As with most things that are fundamental and important, a Financial Plan can be DIY'ed. You can do it, or you can hire a Financial Planner to do it together.
+ Why should I hire a Financial Planner?
I believe there is value in having an objective professional to help you identify what's important to you, craft a individually tailored plan for you and walk with you to execute the plan. Plus, some people find the sheer time savings from having to DIY a huge benefit.
+ How do you get paid?
As a Fee-Only Financial Planner, I am paid only by my services to you. I do not receive any other fees such as commissions, or referral fees. This allows me to put your interest first during our engagement
+ What does a typical engagement look like?
For the first year of the Comprehensive Financial Planning, we meet with our clients at least 4 times throughout the year. At each meeting we will go over 2 financial planning areas of the clients. From those meetings, there would be agreed upon action steps that the client can take to align their finances with their goals. At the end of the first year, there will be an opportunity to continue working together.
+ Where are meetings held?
For your convenience, our meetings will be primarily held virtually. However, in person meetings are welcomed and can be accommodated.