Selecting Your Advisory Firm
KMH specializes in financial planning and wealth management for individuals, multi-generational families and businesses. We work closely with you to formulate a plan that includes your life stage, assets, taxable income, inheritance, life insurance and risk tolerance. Estate planning, retirement planning and charitable giving all factor into developing a plan that extends beyond your short-term requirements. Your most insightful life goals and aspirations coupled with the financial planning process will help guide you on your financial path.
KMH offers investment advisory services for a percentage of assets under management which makes it a Fee Only advisory firm. Firms who offer services that are commission based or Fee Based are typically selling products and generating their fees from commissions. The spectrum of products they offer could be limited as they will be offering products yielding them the highest compensation. This could result in you buying a product that is not in your best interest but in the seller’s best interest.
Anyone can call themselves a financial planner or financial advisor. Even someone calling themselves a licensed financial planner does not mean what it implies.
CFP® professionals are certified and regulated by the Certified Financial Planner Board of Standards, Inc. This certification represents a higher standard of competency, ethics and professionalism. The CFP® Standards of Professional Conduct require CFP® professionals to commit to a fiduciary duty which means putting your best interest first. You want a planner who puts your needs and interests first.
- How are you compensated?
- What are your credentials?
- What experience do you have?
- What is your approach to financial planning and what services do you offer?
- What areas do you specialize in?
- Can I have the information in writing?