Our website is designed to answer questions—and spark a conversation. You can find a few more answers here. We encourage you to reach out to us to continue that conversation.
We are full-service financial planners. Better yet, we are life planners. Numbers are an important part of the conversation, but we also address how those numbers translate to goals, dreams, and priorities in the real world—and how we can get you where you want to be. Our areas of expertise include:
- Employee benefits (employees and self-employed individuals)
- Executive benefits (stock plans, deferred compensation, compensation package)
- Cash flow management (savings, large expenditures)
- Debt management (mortgage, refinancing, home equity loans, car loan)
- Income taxes (strategies, return preparation assistance)
- Estate (planning, design, implementation, estate settlement)
- Insurances (health, disability, life, long term care, car, home, liability)
- Investments (strategy, portfolio management, implementation)
- Charitable planning
- We are transition experts. We have specialized training to help you through life events.
- We are objective. We separate emotions from intelligent decision-making.
- We know all the options. We stay on top of the industry so our clients never have to wonder if the best opportunity has been left on the table.
- We have a network of experts. We quarterback with attorneys, CPAs, real estate professionals, and insurance professionals as needed to best meet your needs.
The best way to explain our fee structure is to outline the different compensation structures in the financial services industry. You will find us in the last bullet:
- Commission-based. The advisor only makes money when you buy a product. This model tends to drive sales.
- Fee: assets-under-management. The advisor’s fee is based on your investment portfolio size. The advisor is incentivized to: a) gather assets, which creates a sales mentality; and b) retain assets, which influences objectivity.
- Fee: hourly. The advisor is compensated for the exact time expended on your concerns at an hourly rate. This model may set up barriers to good communication and impede comprehensive life planning. (Imagine being hindered in asking questions because you fear how much time and money the question will cost you.)
- Fee: retainer. The advisor’s compensation is solely derived from fees and is based on the breadth and complexity of services provided.
Financial Designs builds portfolios to eliminate the risk and the expense of more predictive investment styles. Our portfolios are customized to each client’s life circumstances and their specific investment objectives. Then we benchmark to the global marketplace and implement our strategies with index funds.
We base our investment strategies on more reliable sources—the nation’s universities and privately funded research centers—not information drawn from Wall Street and companies with a vested interest in the large fees and profits available to them.
The research is very clear: active or predictive investment management is an appealing mirage that substantially boosts costs and decreases returns compared to properly designed passive, non-predictive, long-term portfolios.
In a word, because of change—the turnarounds that keep occurring in the national and world economies, the financial markets, and tax laws. This dynamic and challenging environment makes it necessary to stay on top of issues, indicators, and opportunities if financial planning is to achieve maximum effectiveness.
Equally important: the changes that occur in your personal situation. New job responsibilities, higher compensation, shifting family priorities, new company benefits and changing personal goals can dramatically affect your financial planning.
Financial Designs is especially well equipped to help you with whatever life changes you experience, as we have in-depth training from our Financial Transtionist studies and insights and remarkable community of planners involved with the national institute.