Are We A Good Fit For You?
If you can identify some of the items or qualifications listed below as important to you, check these off your list and give us a call.
Fee-Only Wealth Management
You are looking for an organization that puts you first and works with your total financial picture to support how you want to tell your life story. You would like to develop a relationship that is long-term and holistic for you and your family. You value the level and quality of services you are receiving and you have a desire to improve your financial life.
You are looking for experienced advisors that put your interest first, above their own. You value transparency and objective advice. You are not looking for someone to sell you a product. You want to know that the fee you are paying is fair and in-line with the services you are receiving.
You are looking to organize and simplify your financial life by having all your financial assets under the watchful eye of one advisory group. You would like the peace of mind and ease of going to one place so you can see and store your financial information.
You want to be heard. It is important to you that you can talk candidly and honestly. That someone on the other side of the table is listening. You want to know that no question is a dumb question and you are not made to feel small or belittled. You would like to include your other professional advisors too so there is a well-coordinated team approach.
You are looking for compassionate, knowledgeable advisors that can adjust with you. Be there when you need them. Delegating financial matters gives you the opportunity to focus your time and energy on the things that are most important to you. As your life changes, so will your needs.
Who Are Our Clients?
Our focus has been on individuals and families who come from all walks of life - professionals, business owners, or those experiencing a life changing event.
Planning for Financial Independence
◼Providing for a Child's Education
◼Review Existing Investments & Insurance
◼Getting Started/Organizing your Financial Life
◼Reducing Tax Burdens
◼Implementing Charitable Intentions
◼Diversifying & Managing Assets
◼Regular review of your Estate Plan & Beneficiary Designations
◼Major Expense Planning - College, Major Purchases, Business Planning
◼Long-Range & Lifestyle Planning
Those Going Through A Transition In Their Life:
◼Retiring or Partial Retirement
◼Preparing for a Job Transition
◼Implementing a Retirement Plan for your Business
◼Loss of a Partner
◼Winning a Lottery
◼Caring for Aging Parents
◼Loss of a Parent Or Family Member
◼Receiving An Inheritance Or Life Insurance Settlement
◼Newly Empty Nesters
Older Adults With Aging Issues
◼Cash Flow Planning
◼End of Life Planning
What Are Our Fees?
As a Registered Investment Advisor (RIA), Alexander Financial Planning, Inc. is paid by its client. Developing and implementing a financial life plan is a complex process that takes time, knowledge, and resources. Our clients understand and appreciate the commitment involved to provide this type of service.
Many financial planning firms are not as thorough, do not possess the the degree of experience or level of education found at Alexander Financial Planning, Inc. They may also base their fees on the amount of assets managed. For example, an asset fee of 1% on $1 million of assets equates to $10,000 charged per year. For this fee, many of these firms do not provide a full range of financial planning services.
To make certain we are a good fit, we offer a no obligation "Discovery Meeting" to help you make this decision.
Service and Fee Comparison
|Alexander Financial Planning, Inc. (Fee-Only)||Asset-Based Fee Advisor||Commissioned Salesperson|
|Form of Compensation||Flat Retainer Based on Complexity & Services||Percentage of assets (typically 1% or more)||Commission (varies by product)|
|Cost to Client||Minimum Fee is $1,500 per quarter *||Example: $1 million portfolio- $2,500 per quarter||???|
|Investment Management (ongoing)||Yes||Yes||?|
|Goal Setting & Monitoring||Yes||?||?|
|Cash Flow Planning||Yes||?||?|
|Net Worth Review||Yes||?||?|
|Social Security Optimization||Yes||?||?|
|Pension Analysis (specifically Ohio's Public Systems, OPERS, STRS, etc.)||Yes||?||?|
|Insurance Shopping & Research||Yes||?||?|
|Mortgage Review & Assistance||Yes||?||?|
|Major Purchase Assistance||Yes||?||?|
|Health Care Planning||Yes||?||?|
|Financial Life Educator||Yes||?||?|
|Financial Caretaking & Proactive Aging Plan||Yes||?||?|
|Coordination with Other Advisors (Attorneys, CPA, etc.)||Yes||?||?|
|Unbiased Advice (not influenced by compensation)||Yes||?||?|
|Personal Website that provides access to all financial information in one place||Yes||?||?|
* Beginning January 1st 2018: Additional information on our fees can be found in our Part 2A of Form ADV.
Our clients do benefit from our Wealth Management Services. However, we recognize that for some, it takes time to develop a trusted relationship with a financial advisor before they feel comfortable working solely with one advisory firm. For this reason, we do provide just financial planning engagements if this is more in keeping with your needs. Beginning January 1st 2018, our minimum fee for this service is $3,000. Additional information on our fees can be found in our Part 2A of Form ADV.