Absolutely! I signed a fiduciary oath for my clients and will always act in this manner.
What does fee-only financial planner mean?
Fee-only means that my only compensation comes from my clients, not from products or services that I would recommend. I do not sell any financial products, nor do I receive any commissions from insurance brokers, mutual funds, attorneys or CPA’s.
Being a fee-only financial planner eliminates nearly every conflict of interest that exists in the financial industry, aligns your goals and financial well-being with my firm, and allows me to be the true fiduciary that you deserve.
Why do I need a financial planner?
For most clients, the biggest reasons to hire a financial planner are two-fold.
First, you need an experienced professional with the expertise to see areas of weakness in your finances. Second, you need someone to collaborate with you and hold you accountable to your financial plan.
Any plan isn’t worth the paper it is written on if it’s not put into action.
How is a Certified Financial Planner different from other advisors?
A CERTIFIED FINANCIAL PLANNER™ (CFP®) has, at a minimum:
- An undergraduate degree
- Three years of client experience in financial planning
- Completed a financial planning education program including:
- General Principles of Financial Planning
- Insurance Planning
- Investment Planning
- Income Tax Planning
- Retirement Planning
- Estate Planning
- Interpersonal Communication
- Professional Conduct and Fiduciary Responsibility
- Passed a rigorous comprehensive exam (historical pass rate of 55-60%)
- Completed a required 30 hours of continuing education hours bi-annually
- Committed to adhering to the standards of ethics and practice outlined in the CFP Board’s Standards of Professional Conduct
To summarize, CFPs are obligated to act in their client’s best interests. Period. Not everyone in the financial services industry is held to this standard.
Who is your typical client?
My typical clients fall into one of the following:
- Rockwell Collins Employees
- Higher Earners Not Rich Yet (HENRYs)
- Duel Income No Kids (DINKs)
- Pre-retirees ages 50-65
- Military service members in transition
For more information, click here.
Who is NOT a good fit for CoreTegic Capital?
If you’re not ready to put some effort into your financial future, this won’t work. This process should be a partnership that merits the sweat equity both you and we will put in upfront. We’ll need to have regular communication and progress to set up a path for success.
If you’re not comfortable using technology to manage your financial life.
If you’re looking for a swanky office with lots of pinstripe suits and jargon.
If you want your advisor to pick stocks or predict the future of the markets – we’re not that guy.
What is your account minimum?
We don’t have account minimums. You’re a professional growing your life, family and career. You deserve to have access to a great advisor and we want to grow with you!
How do you manage my assets?
First, we take a risk profile assessment where we ask you a series of questions to find out how much risk you are willing to take with your investments. Think of this as your SWAN (sleep well at night) risk tolerance. How much risk can you tolerate and still sleep at night?
Once we do this, we create the right portfolio allocation for you. Everyone is different, but generally fall into one of four main categories (conservative, moderate, aggressive, ultra-aggressive).
Once we establish your risk tolerance, we will design a portfolio specifically for you. When it comes to investing for my clients, I practice what I preach. The investments that I recommend to my clients are the very same investments that are found in my portfolio, the only difference is allocations based on risk tolerance.
Why do I need a professional to manage my money?
In order to successfully manage your own investments, you would need ample time, interest, expertise and resources. Even if you have all those things, successful investing requires the ability to successfully control your emotions.
I believe that investment decisions shouldn’t be based on speculation or emotions, as these behaviors usually lead to investors becoming their own worst enemy – buying at all time market highs and selling at or near the bottom of a stock market downturn.
You are a specialist and amazing in your field, but that doesn’t translate to making good investments. Hiring an investment manager will prevent you from making mistakes that could prove catastrophic to securing your retirement.
Can you work with clients virtually?
Yes! I’m located in Cedar Rapids, Iowa and work with many of my clients on a remote basis. My services have been designed so that all the information you need regarding your finances can be found via a custom, online portal, at any time. With this accessibility, we can easily have great conversations about your finances, by video chat or phone, without forcing you to break from your busy day or disrupt your routine.
Have any other questions? Send me an email, or schedule a call and I would be happy to talk with you.
I’m not in Cedar Rapids (or Iowa). Can we still work together?
Absolutely! As a fee-only financial planner located in Cedar Rapids, IA we serve the greater Iowa City, and North Liberty area, and clients across the country. We love embracing new and innovative ways to maximize your time and keep things efficient. We use some of the latest technology to connect with our clients nationwide. We can meet virtually or in person – you choose.