We take the time to prepare a well-researched plan for you, but we understand that financial planning goes far beyond smart asset management. With a solid foundation in place, we can make real progress on all the other really important issues at hand. Our financial planning capabilities include the following areas:
Investment Consulting
One of the first things we address is your investment plan, because this is the area where problems are generally most apparent and are relatively easy for us to fix. For instance, you may not be earning the rate of return on which your portfolio plan is based—an unwelcome occurrence. By implementing a rational investment plan, we can have much greater confidence in our planning going forward.
Tax Planning
Using strategies to maximize the tax efficiency of current assets and cash flow while achieving both growth and preservation goals.
Asset Protection and Insurance
Employing all possible legal, and financial strategies to ensure wealth isn’t unjustly taken from you.
Estate Planning
Using strategies to legally structure the disposition of your assets for the maximum benefit of those you leave behind, including careful planning to mitigate estate taxes.
Relationship / Team Management
WorthPointe’s wealth management plan is driven by collaborating with our Expert Advisory Network, a hand-selected team of leading experts in fields like estate law and accounting. We strategize with this team to help us identify where the biggest opportunities are to deliver maximum benefit. We address these most pressing needs first and then systematically address all aspects of your financial life over the course of our work together.
Charitable Giving & Legacy Planning
Helping to identify the best strategies to maximize your opportunities to benefit society and leave a legacy.
Learn More About What We Do
What is a CERTIFIED FINANCIAL PLANNER™ professional?
What is a CERTIFIED FINANCIAL PLANNER™ professional?
The CERTIFIED FINANCIAL PLANNER™ professional designation is the only financial planning certification that requires financial planners to put the needs of their clients ahead of their own. Financial planners who earn the CFP® designation meet rigorous standards of professionalism and ethics, and are required to uphold the values of the CFP® Board—including confidentiality, competence, diligence, fairness, integrity, objectivity and professionalism.
In addition to recognizing financial planners’ excellence, the CFP® designation was created to help people identify financial planners who put clients’ interests first. When you choose a WorthPointe CERTIFIED FINANCIAL PLANNER™ professional, you can rest assured that your financial planner is committed to delivering accountability you can trust.
How Do Financial Planners Earn the CFP® Designation?
WorthPointe financial planners undergo a rigorous certification, proving their competency and dedication… Continue Reading
Choosing a Financial Planner - Taking Everything into Account
Choosing a Financial Planner
Last time you considered working with a financial planner and stepped back to evaluate your wealth, what did you look at? If you’re like most people, it probably included taking inventory on your savings and checking balances, your investment accounts, your expenses, and other things of monetary value.
You’re not alone. When it comes time for choosing a financial planner, most people get ready to share their numbers right from the get go. What they don’t take into account is that financial planning is more than just a numbers game — and a CERTIFIED FINANCIAL PLANNER™ professional is someone who won’t just help you grow your wealth by having a handle on your account balances, but will best become your ally by getting to know more about your personal situation and lifetime goals.
Let’s talk more about what really goes into the relationship between you and your financial planner, what you’ll want to share (and know about them), and where to begin your search for the right planner to add to your team.
Read the full article: Choosing a Financial Planner (Jan 2016)
8 Questions to Ask When Choosing a Financial Planner
And Avoid the Pitfalls that Put Your Life Savings at Risk.
Download the WorthPointe white paper
The Informed Investor - 5 Key Nobel Prize Winning Concepts
Many people today are facing difficult choices in achieving their financial goals and are ask- ing serious questions, as they should. Our goal with The Informed Investor is to help you see through the noise of the marketplace in order to systematically make smart decisions about your money.
We believe in empowering people to make the best decisions for themselves or, if they wish, to astutely choose a financial advisor who can implement sound wealth management principles. And we believe in sharing our own financial knowledge with everyone who wants to make wise decisions about his or her money.
What is a CERTIFIED FINANCIAL PLANNER™?
WorthPointe is proud that our financial planners have earned the designation of CERTIFIED FINANCIAL PLANNER™ professional, but how does that benefit you? You might be interested to know that individuals who are CFP® Professionals:
- Have completed extensive training and experience requirements
- Are held to rigorous ethical standards
- Understand the complexities of the changing financial climate
- Are held to a fiduciary standard of care—required to act in your best interest
Anyone can use the title “financial planner,” but with so much at stake, you want to ensure you’re receiving financial advice from someone who’s invested the time and energy to earn the CFP® Professional designation—which represents a high level of competency, ethics, and professionalism.
Contact us today if you want to start a conversation with one of our CFP® Professionals.
What is the difference between fee-only and fee-based financial planners?
This is a question we answer all the time—and it’s important for you to understand the important differences between these two types of financial professionals.
WorthPointe is a fee-only firm, which means we conduct business based on having a fiduciary duty to you, which means by law, we must have your best interest at heart. It also means we have no inherent conflicts of interest, and we don’t accept fees or commissions based on product sales. We provide comprehensive advice based on a percentage of your assets under management.
Contrast that with how fee-based financial planners operate. They may charge fees and commissions based on the products they sell, but because they don’t have a duty to disclose their method of compensation, clients are subject to hidden fees that can dilute their portfolios. This way of conducting business creates an inherent moral hazard, since advisors may be tempted to suggest products that will result in them earning high commissions—but may not be right for you.
Contact us today if you want to start a conversation with one of our CFP® Professionals.
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