Financial Planning Process
The latest NAPFA consumer survey shows Americans are overwhelmingly stressed about their current and future finances. 74% of Americans wish they could get a financial planning “do over” to set up a better financial situation.
Their research shows the top 3 financial goals respondents feel they could benefit from by having a financial planner are: planning for retirement (61%), greater savings (52%), and paying off debts (50%).
The better we understand the needs and key concerns of our clients, the better we can deliver an experience that exceeds their expectations. Although many financial advisors believe their job is solely to create wealth, our research clearly shows that many clients are also quite concerned about losing their wealth. To help address this broad range of client concerns and interests, we utilize a consultative wealth management process.
At CAM, there are three components of Wealth Management (WM) we focus on for each client:
WM = IC + AP + RM
Trust is key to building strong client relationships. We give you an opportunity to know us and how we can help before moving forward.
Why Fee-only Should Matter to You
As fee-only financial planners, we have a fiduciary responsibility to always act in our clients’ best interest. As a potential client, you should ask a lot of questions and understand whether or not an advisor is recommending a certain product because it helps their bottom line more than it helps yours. It’s also important to know, that some advisors are given additional compensation for selling certain proprietary products offered by their employer.
Compensated only by our client for the advice we provide, without ever earning a commission of any kind for product sales or referrals.
We are legally sworn and held to our oath to always place the interest of our client ahead of their own.
Not affiliated with any bank, brokerage firm, or insurance company.