SR Guest Author Justin Rush, CFP®: What to ask when choosing a financial planner
Q: What’s your definition of financial planning and what areas will your recommendations cover?
- Retirement Savings & Income Planning
- Investment Planning
- Tax Planning
- Estate Planning
- Risk Management
Q: What are the steps in your planning process?
Q: How often will we meet?
Q: Will your recommendations be subjective or objective?
Q: Do you do tax analysis? If so, how often?
A: We believe tax planning is a substantial component of any client’s financial picture. We complete an annual tax analysis as part of the financial plans we put together. Part of our job as financial planners is to continually look for opportunities as life circumstances change or when the tax code changes. By reviewing our clients’ tax returns each year, we ensure that we understand the potential tax consequences associated with any financial decisions. Our team aims to minimize taxes for our clients over the course of their financial, business, and retirement plans.
Q: Will you work with my accountant and attorney as part of my plan?