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Frequently Asked Questions About Our Financial Planning Services
Does Five Seasons Financial Planning provide only comprehensive financial planning? No. Although a comprehensive financial plan can provide the greatest benefits, we can limit our advisory services to your specific needs, such as cash management and budgeting, investment analysis or college education funding.
My spouse and I are just beginning to build for our financial future. There is so much to learn! We need help and guidance to get started. Will you accept us as clients? Yes. Some firms require prospective clients to have minimum levels of income and/or net worth, but at Five Seasons Financial Planning, we realize that everyone has financial needs. We are proud to work with people from all income levels and all walks of life. Remember, "You don't have to have a fortune to start building one." Call us today, and let's get started.
I have already accumulated substantial assets and think I am doing quite well. But as I progress and build for the future, things seem to be getting more complicated. I want to be sure I am on track, but I don’t always have the time or inclination to manage the myriad details by myself. Can you help me? Yes. People who need more sophisticated financial planning or advice will find our services appealing and beneficial. If you are looking for a professional review or a second opinion to ensure you are on track, we can provide that, too.
What types of securities do you provide advice on? We provide advice on all types of securities, including mutual funds, stocks, bonds, bank deposits, variable and fixed annuities, and limited partnerships. We also provide advice on mortgages, budgeting and cash flow issues, 401(k), 403(b) and other retirement programs, stock options, life and disability insurance, etc. If it has to do with money and finances, we can provide counseling, guidance and/or resources for you. Because we want our clients to know that they can call on us with any and all of their financial concerns, we have developed the slogan "Guiding You to a Brighter Financial Future." Clients are encouraged to call us when they have a major life event, such as a new job, a baby, a marriage or divorce, or if they are planning to buy a new home or start their own business. We also encourage our clients to call us with more common everyday questions, such as: "How should I invest within my 401(k) or 403(b) plan?", "How can I reduce my taxes?", or "What advice can you offer on refinancing my home?".
How do you price your financial planning services? Financial planning project fees are based roughly on the amount of time and effort involved in meeting with you in person or over the phone, researching and analyzing your current situation, and providing specific recommendations and implementation assistance (if appropriate). Clients who desire ongoing investment management services pay a fee which is based on a percentage of assets under management (AUM). (Click on the "Contact Us" button in the menu on the upper left-hand corner of this site to request a copy of our AUM rate schedule.)
How much will my financial plan cost? Financial planning fees are determined on a project basis; the total fee for a financial plan will vary depending on your specific needs and on the complexity of your situation. An estimate is provided after the Get Acquainted Meeting, when your personal needs are fully identified. For a further discussion of the cost of financial plans, please click here.
Are your fees tax-deductible? Yes. Section 212 of the Internal Revenue Code permits an itemized deduction for tax and/or investment advice in the miscellaneous section of Schedule A. It is subject to a 2% floor of the adjusted gross income on a personal tax return.
Once my financial plan is completed, will our relationship end? Because financial planning is a process, not an event, we offer periodic reviews and check-ups as needed, as well as ongoing investment management services. (Click this link to see "Guiding You To a Brighter Financial Future", a flowchart illustrating our financial planning process and the service options available.)
How can I get started? The first step is an initial inquiry from you. Call us at (801) 272-0902 or e-mail us at info@FiveSeasonsFP.com. We offer an initial no-cost, no-obligation Get Acquainted Meeting, either on the phone or in our offices. For Get Acquainted Meetings, appointments are scheduled based on availability during regular business hours of 9-5, Monday through Friday. Expanded office hours are available to accommodate special needs or emergency situations. Should you decide to engage our services, we can discuss which of our services is appropriate for you. Most clients find the financial planning process to be stimulating and enlightening. The end result, of course, is greater peace of mind. We look forward to guiding YOU to a brighter financial future!
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