FREQUENTLY ASKED QUESTIONS

What is a fiduciary and why is that important?


Simple answer: As a fiduciary, I have to act in your best interest. Here are some resources with expanded explanations: https://www.napfa.org/financial-planning/what-is-fee-only-advising https://www.feeonlynetwork.com/ https://www.investopedia.com/terms/f/fiduciary.asp




Who is your ideal client?


Our primary client base includes women impacted by divorce or death of a loved one, young professional women, and women interested in increasing their financial literacy, whatever the starting point. We also serve young professionals and families. We can help you get things organized and headed on the right path toward financial freedom. We can review and create a plan for your student loan debt, help you create/review/prioritize your budget, or help you create a plan to systematically build wealth through investing.




Do you only work with women?


No. In prior work experience, I saw a definite need for the education and empowerment of women around money. So my mission starts there. I have experience working with clients in their 20s, up to clients in their 80s. If we meet and discover we aren't the right fit, I can send you to someone I believe is a better fit for you.




What does CFP stand for? And what is it?


CFP® stands for CERTIFIED FINANCIAL PLANNER™.

The CFP® marks identify those individuals who have met the rigorous experience and ethical requirements of the CFP Board, have successfully completed financial planning coursework and have passed the CFP® Certification Examination covering the following areas: the financial planning process, risk management, investments, tax planning and management, retirement and employee benefits, and estate planning. CFP® professionals also agree to meet ongoing continuing education requirements and to uphold CFP Board’s Code of Ethics and Professional Responsibility, Rules of Conduct and Financial Planning Practice Standards.

Here are some additional resources: https://www.letsmakeaplan.org/why-choose-a-cfp-professional https://www.cfp.net/about-cfp-board/cfp-certification-the-standard-of-excellence




What does CFA stand for? And what is it?


CFA stands for the Chartered Financial Analyst designation. It is upheld by the CFA Institute, and requires the passage of three exams, plus work experience. The curriculum is rigorous and includes 10 key areas from CFA Institute Body of Knowledge: Ethical and Professional Standards, Quantitative Methods, Economics, Financial Reporting and Analysis, Corporate Finance, Equity Investments, Fixed Income, Derivatives, Alternative Investments, and Portfolio Management and Wealth Planning.




How do you get paid?


As a fee-only financial advisor, I am only paid by my clients. I do not accept referral arrangements or commissions of any kind.




Do you sell insurance?


The term "financial advisor" or "financial planner" is used commonly in the financial services industry. I am not a product salesperson, and do not sell insurance. However, I can analyze and aid you in your search for the right insurance products. Just know that I will never receive compensation for the insurance I recommend.