Hopefully, you’ve made your way here because you’ve found something you like on my website or on Money with a Purpose and want to what it’s like to work with me.
I’m grateful you are here.
Deciding to hire someone to help with your personal finances is a big decision. I don’t take that lightly.
You should be able to get the information you need about the person you choose before you make that decision.
With that in mind, I’ve put together some key things to consider before deciding whether it makes sense for us to explore working together.
Spend some time learning how I work with people, my investment strategy and who is and isn’t a good fit to work with me. If you want to take the next step, I’ll show you how to do that at the end of the page.
Who is a good fit to work with me
Remember, I operate with you as a fiduciary. That means I’ve signed on to always act in your best interest.
If you’re looking for any of the following services, it may make sense for us to talk.
If you have made it this far, you know that I believe financial planning is the key to success for anyone.
What a financial plan can do for you:
- Assess where you currently are with your finances
- See if where you are and where you want to be match up
- If they don’t develop strategies to help you get there
- Monitor progress along the way and keep the plan updated when life happens
If any or all of these appeal to you, we should have a conversation.
Not everyone who does a financial plan hires me to manage their money. A lot of people enjoy doing it themselves.
Others have an advisor they are confident is doing a good job for them.
If any of the following describe you, we should talk about how we might work together.
- You have tried investing on your own and have not done well, and are ready to turn that responsibility over to a professional
- You are working with an advisor who does not have a clear investment strategy; or someone in whom you’ve lost confidence
- Your original advisor has left or retired and you’re not happy with their replacement
- You’ve decided it may be time to seek a second opinion on your finances
If you want to work with someone who will help you achieve long-term investment success through a disciplined patient investment strategy, we should have a conversation.
Who is not a good fit for me
If you’re looking for help managing your investments, here are some things to consider.
If you’re someone who loves the thrill of trading stocks. bonds, and ETFs or timing the market –
I’m probably not the best person for you.
There is no clear evidence that this strategy works over any long period of time. In fact, it’s just the opposite.
Research shows that only a small percentage of mutual funds or stocks are consistently top performers.
Yes, sometimes people get lucky and hit a big winning stock or fund. Evidence shows that doesn’t work over long periods of time.
If you’re someone who thinks the only way to get a good return is to invest in the top performing funds –
I’m probably not the best person for you.
There is no evidence this strategy works either. Chasing the hottest funds from last year rarely brings the same results this year.
How I communicate with you
If you want me to call you every week, or even every month, to tell you how your investments are doing and get upset if they’re not doing well, I’m not the best person for you.
I will take a lot of time up front to get to know and understand you.
I want to know what you value. What keeps them up at night? Which relationships are important to them? What are you working to accomplish?
I use that to develop a financial plan that guides what kind of portfolio we build. I could care less what the portfolio is doing this month or this quarter.
What’s important is whether that portfolio helps you meet the goals you set out for that money.
I work with people all over the country. We communicate via email, phone, and online meetings. If you are local, of course, I will meet you in person.
The technology tools I use help me be efficient and effective in getting you the information you need.
It also allows me to be location independent. I can work with anyone in the country.
If you are comfortable communicating in this manner, we should have a conversation.
How I charge for services
There are three ways you can pay me. Which choice you make depends on what service(s) you want.
Here is a summary:
- Flat fee – If you are someone who just wants a “check-up” or has a couple of specific goals you’d like help mapping out, paying a flat fee for financial planning may be for you.
- Subscription – If you’re younger, either just starting out or in the accumulation phase with minimal investments, the subscription model may be best. You can pay a monthly or quarterly fee for ongoing advice.
- Asset-based fee – For those seeking investment management, fees are charged as a percentage of assets based on the size of your portfolio. Unlike other advisors, I don’t have any minimum investment requirement. Typically, my investment management clients are people nearing or in retirement with portfolios of $500,000 or more. With that said, I have many clients for whom I manage money with less than that amount. So, if that’s something you’re interested in discussion, I’m happy to talk.
If you have further questions or would like to get acquainted before you decide, I’d encourage you to book a 15 – 30-minute call to see if we might be a good fit for each other. In my experience, we will both know in very short order.
Go to my online calendar to find a time.
I hope we have the opportunity to talk soon!