Frequently Asked Questions

I understand that many people might find the financial planning profession confusing and somewhat intimidating. To help sort out some of this confusion, I thought I would answer some of the most popular questions I have been asked:

Isn't financial planning only for the wealthy?

Is financial planning expensive?

Do you have any minimums?

What is an Independent Financial Advisor?

Do you have weekend or evening appointments?

In a post-Madoff era, how do I know who to trust?

Should my advisor be a fiduciary?

How are financial planners paid?

I don’t need a full plan, I just have a few financial questions. Can you help me?

I can manage my own money, I just need advice, can you help me?

How much do you charge?

How do I learn more?

Isn't financial planning only for the wealthy?   

No, in fact, it may be even more important for the not-quite-so-wealthy to have a plan, since we have somewhat less room for error in our financial lives.  Everyone should set financial goals for themselves, not just the wealthy.  And a well-considered plan is an essential first step toward achieving those goals. However, with great wealth often comes great complexity. For this reason, many wealthy individuals do come to rely on the services of a financial planner for guidance and advice.

Is financial planning expensive? 

That depends on what you want us to do for you. We may be able to provide all the advice you need in an inexpensive two-hour consulting session. If you require a more detailed analysis, the cost may be more.  However, it is often the case that we find some savings for our clients that are in excess of our fees.