Financial Planning and Advisory
At Fialkow Financial Planning we offer broad-based financial planning covering multiple aspects of you and your family’s financial future. Our financial plans address that which is most important to you; focusing on your goals and your specific needs. We help you build on your financial strengths and identify those areas of concern. Services are provided on either a fixed-fee or hourly as-needed basis.
We don't sell products, receive commissions or charge based on your assets. As a fiduciary, we believe this is the most objective and prudent way to provide and receive financial advice.
Fixed Fee Broad-Based Financial Planning
For single individuals and young couples with no children. We'll get you started with a broad-based plan that reviews and makes recommendations for your cash flow, assets and liabilities, best use of employee benefits, financial goal setting, savings and investments. Your plan will set you on your path to financial security. Plan prices typically range between $750 to $1,500.*
For mid-career professionals and families. A broad-based plan that includes an analysis of your cash flow, assets and liabilities, insurance review, investments, educational funding, and preparation of a retirement planning model. Your strengths and weaknesses of your current situation are identified along with specific recommendations for moving forward. Plan prices typically range between: $1,500 to $3,000.*
For those in or close to retirement. A broad-based plan that addresses preparation for your retirement lifestyle including: planning for retirement income and the tax-efficient draw-down of your assets, investment risk management strategies, inheritance/legacy considerations, along with a detailed retirement planning model. Plan prices typically range between $2,000 to $3,500.*
*Fee ranges are provided as a guide. All plans are tailored to your specific needs and it is possible that your pricing may fall above or below the plan range given. Prior to any engagement, fixed-fee engagement pricing is fully disclosed and agreed to by all parties.
Annual Financial Health Program
(For clients who have completed the broad-based financial planning process)
Financial check-ups are critical to the financial planning process. If you completed one of the Fixed Fee Plan Options, we will review your plan components and update as necessary, including investment allocations and progress toward your goals with specific recommendations to keep your plan on track. Our annual Financial Health Program includes two semi-annual check-ups as well as ongoing access and advice on items in-scope for the entire year. The typical annual fee is approximately half of the fee charged for your original plan.*
Hourly As-Needed Advice
Not looking for a broad-based plan? Maybe you have a specific request that is limited in scope and only address one or two specific areas. We are happy to engage on a per hour basis to address your specific needs. Prior to the engagement, we will provide you with a “Not to Exceed” engagement price based on our estimated work hours. Our per hour rate is $250.