How to Fire Your Financial Advisor in 4 Steps
Steps to Fire Your Financial Advisor
Kindness Financial Planning is a fee-only fiduciary financial advisor located in Madison, WI serving people virtually across the United States. Elliott Appel founded it to help widows, caregivers, and other people organize, simplify, and figure out what comes next in their lives.
Seeing the entire picture is only the beginning. Do you have accounts in multiple places, a specific way of doing your finances only you know, or perhaps, are you trying to make sense of your financial situation? I can help you organize everything, suggest ways to simplify, and help you set up a system that puts you in control.
Taxes are complicated, right? Not sure if you should do a Roth conversion, how to give to charity in the most tax-efficient way, or how your income affects your Medicare premium? Every relationship includes an analysis of your past tax returns and projecting your taxes into the future to make better decisions to reduce taxes over not only your lifetime, but your heirs’ lifetimes, too.
Estate plans can be paralyzing. Let’s review yours to make sure the important people in your life are in the right roles, you are taking advantage of every opportunity to reduce estate taxes, and it won’t be an unnecessarily burdensome and complicated process for your heirs. Although I do not provide legal advice, I can work with you and your attorney as needed.
Do you never want to hear another word of financial jargon? Me too. We’ll build a portfolio that takes into account how much risk you want to take, income you need, and keep costs and taxes low. You deserve easy to understand explanations of how you are invested and why.
Insurance is the backbone of a good financial plan. Whether you have an old life insurance policy you aren’t sure what to do with, a homeowners insurance policy that has not been reviewed in years, or have wondered about umbrella insurance, we’ll talk about it in the context of your financial life and suggest changes when needed.
Note: These case studies are hypothetical, do not involve a Kindness Financial Planning client, and should not be construed as a guarantee.
Mia and Noah are in their 60s and have been retired for a few years. While Mia has been in charge of the household bills and cash flow, Noah has handled investing, estate planning, and staying up-to-date on their insurance coverages. Noah was diagnosed with Pancreatic cancer two weeks ago.
Emma’s mom, Claire, is in a memory care facility because she was diagnosed with dementia, and her dad, Matt, passed away a few years ago. Emma is busy with her career, husband, and two kids. She wants to spend the limited time she has with her mom going for walks – not managing her financial life.
Are you wondering which areas of your financial life may need a check up?
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Welcome, I’m Elliott. After a decade working at a large wealth management firm in Seattle, I decided to launch Kindness Financial Planning to focus on widows, caregivers, and people affected by major health events.
Steps to Fire Your Financial Advisor
The Medicare IRMAA surcharge is an additional fee many people discover as an unpleasant surprise. They think they will pay a certain amount for Medicare,
You’re retired, and it’s the start of 2023. What is on your financial planning New Year’s checklist? Instead of waiting until the end of the
Because I care, and I will listen. I can tell you about my professional credentials, what clients have accomplished working with me, and the feeling you could receive from real financial planning, but what is most important is you. I love what I do because I get the opportunity and privilege to become a part of my clients’ lives, discuss topics they don’t discuss with anybody else, and help them discover the right decisions for themselves.
I know firsthand what it is like to go through difficult health events and the power of having an accountability partner with you every step of the way. A major health event requires reviewing the estate plan, insurance coverages, investments, tax planning, and many other areas of life. Going it alone, during an already difficult, grieving time, is challenging. I can’t remove the grief and burden of it, but I can help make it easier.