Conrad Seastrunk, Florence Financial Advisor, Florence Financial Planner, Florence fee only financial planner,

Who Really Needs A Financial Planner?

 

Let's start with a more fundamental question: how much can I improve your financial situation?

 

You might be thinking, "I have a good salary, I’m maxing out my 401k, I pay my bills on time, I know how to do my taxes, I have insurance... I'm handling my finances pretty well; spending time and money on financial planning is not worth it for me."

 

But let’s face it.

 

Often it is what you don’t know that CAN hurt you! You may think that your plan is fine, but a closer look could reveal money leaks, overcharges, and time bombs that won't explode until you go to withdraw income.

 

Simply not hearing about new financial opportunities or getting tripped up in the ever-changing “rules of money” can ruin the best-laid plans.

 

Remember:

It’s Easier to Avoid a Problem Than It Is To Solve One!

 

I would rather hear you say “Hey Conrad! I have been thinking about doing…” instead of “Hey Conrad! Guess what I just did!?”

 

I cringe when I hear the latter because unfortunately many financial mistakes are irreversible and/or very costly.

 

Can’t I Just Do This On My Own?

 

The question is, do you need help to design and stick to an effective financial plan?

Making good financial decisions requires a lot of time to learn and research. While the Internet's easy access to information has helped to make it possible for individuals to independently manage their finances, the level of investing skills and information that you need can be overwhelming.

 

 Not to mention the financial world is filled with con artists, greedy financial institutions, esoteric language, legal rules, and misleading methodologies.

 

You Should Be Afraid!  You Should Be Very Afraid!!

 

OK that might be overdoing it a little but you get my point (I hope).

 

These 10 simple, yet powerful words, “I’m going to run that by my financial advisor first” often helps keep my clients from getting taken for a ride and has been known to save thousands while negotiating mortgage and other financial fees.

 

So no matter whether you want to develop a portfolio, plan for retirement, pay for college, or reach any other major financial goal, there are professionals (like me) who have spent their careers serving people with the same concern, and it is a good idea to take advantage of our experiences.

 

So what type of client do I enjoy working with?  Well I am, I must admit, quite flexible when it comes to working with my clients. However, I have a very clear idea of what I don't want in a client and it is here that I am not flexible at all. So let’s start with that.

 

2 Things Conrad Does

NOT Want in a Client!

 

 

1. SECRET SQUIRRELS: Are you looking to sneak money in or out of the country?  Is your money dirtier than Bernie Madoff’s and in desperate need of laundering? Then please, please do NOT respond to this ad.

 

Now don’t get me wrong, privacy is important to me and to my clients and is why we sign confidentiality agreements to be sure what happens in Conrad’s office… stays in Conrad’s office.

 

(However, I do enjoy my freedom and would prefer not spending any time in jail for trying to help you hide money from the authorities. So please don’t ask me to! )

 

2. GREY AREA JUNKIES: Are you the type of person that enjoys being audited?  Do you get a rush from jumping through tax loopholes and fudging on tax returns? I'm sorry, I really am, but I didn’t go to school all those years to become someone’s “accomplice”.

 

You see, I love to point out ways my clients can reduce their taxes, while uncovering little known deductions, credits and techniques that can significantly reduce your tax burden. BUT, I will NOT help you cheat on your taxes!

 

I will, however, look over your past 3 years tax returns for errors and missed savings opportunities! (About 1 out of every 5 tax returns I review as part of my free financial checkup has a mistake on it.

 

Well, anyway, that's my laundry list of things I don't want and, in fact, can't handle in a client.

 

Now comes the hard part.

 

 

Copyright ® 2020 Seastrunk Financial Management, LLC

Seastrunk Financial Management, LLC and Fidelity Investments are independent companies and are not affiliated. There is no form of legal partnership, agency, affiliation or similar relationship between your financial advisor and Fidelity Investments, nor is such a relationship created or implied by the information herein.

 

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.

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