Frequently asked questions
- That is a myth. Many people think they need to have a large net worth to warrant financial planning when the truth is that a financial planner can add a lot of value to young professionals who are just getting started, mid-career professionals who find themselves straddled in debt, and (yes) to rich people too. In other words, financial planning is something everyone can benefit from.
After assessing your current financial situation and the complexity of your goals, we set our fee using a sliding scale that increases with net worth/salary as well as the complexity of your situation. For example, a single young professional would typically have a lower fee than a blended family with children approaching college.
We get paid directly by our clients for planning advice. We do not get paid commissions for anything.
John Quattlebaum is. He passed the CFP® in 2006 and earned his certification in 2008 after completing his work experience requirements.
We do not manage assets. We have partners in many specialties and would be happy to facilitate introductions if needed.
We do not sell investments or insurance. We have partners in many specialties and would be happy to facilitate introductions if needed.
We do not prepare tax returns. We have partners in many specialties and would be happy to facilitate introductions if needed.
You are paying for holistic financial planning advice that coordinates the various components of your financial situation – investments, taxes, insurance, cash flow/budgeting, estate planning, education planning, etc.
Fees vary by client depending on each client’s financial circumstances.
Financial Planning is a one-time fee and Implementation/Maintenance is a recurring fee that starts after the financial planning is completed.
While we are in the planning phase, we will typically meet once a month. Once we are in the maintenance phase we will meet at least every six months. However, should something come up in between meetings, we encourage our clients to contact us should any circumstances arise that they feel we need to discuss.
We meet most of our clients via Zoom. Given hectic schedules, it is much easier and less stressful than meeting in person. However depending on your location, in-person meetings can be arranged.
Yes, we accept payments by check.
John Quattlebaum is a Certified Financial Planner®.
John Quattlebaum has been working as a financial planner since 2005. You can check out his LinkedIn profile.
Our hope is that we will build a long lasting relationship so that we are apart of your “team” as you grow and your life evolves.
While John Quattlebaum does have experience in both, he does not offer these services. We have partners in many specialties and would be happy to facilitate introductions if needed.
A financial advisor is someone who helps you buy and sell investments. Sometimes financial advisors provide financial planning as well. If you are looking for financial planning from a financial advisor, make sure you understand how they get paid for their financial planning services as well as all their services (commissions, referrals, etc). Also you should find out if they do holistic planning or focus mostly on the performance of your investments.
We help our clients design estate and trust plans as part of the planning process. However, since we are not attorneys, we do not draft estate or trust documents.
We get paid in fees for advice. Since we do not sell anything and do not have relationships with investment firms, we do not earn any commissions.
The biggest driver of your success is choosing the right asset allocation and rebalancing to it periodically. We are strong believers in ETFs and Mutual funds to keep fees down and achieve diversification.
That depends on your risk tolerance and how long you have before you need your assets to provide income for particular goals.
We do not manage assets therefore we do not have a custodian.
We do not choose investments for my clients. Most of my clients manage their own assets primarily because the bulk of their portfolio is in their 401(k). For those with IRAs or brokerage accounts, we can give them pointers on how to select stocks or funds. If their situation warrants, we will advise them to add an financial advisor to their “team”. We have partners in many specialties and would be happy to facilitate introductions if needed.
We do not.
After we wrap up the planning phase and move into the maintenance phase, we will typically meet every six months. At that time we will see if your asset allocation needs to be rebalanced or even changed to a new allocation.
That is your decision. We do not manage assets.
View The Planning Process
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