Clark Financial Planning

Fee-Only & Flexible: A better way to help people

All of our compensation comes directly from our clients - so that you can trust our undivided loyalty. We are Fee-Only financial planners, ensuring that we work solely for you. We do not accept any third-party fees or sales commissions. Independent advice = advice you can trust.

Although a comprehensive financial plan can provide the greatest benefits – due to our hourly, flexible business model, we can limit our advisory services to your topic specific needs such as:

• Retirement planning,
• Investment analysis,
• Cash management and budgeting, or
• College education funding

Investigate Further

Explore what a plan may cost- we have listed various scenarios below for your convenience. Keep in mind, the amount is determined on an individual basis, depending on complexity.

The fees are based on the actual time involved in meeting with you in person or over the phone, researching and analyzing your current situation, and providing specific recommendations and implementation assistance. Hourly rates are $180 per hour; at our complimentary Get Acquainted Meeting we will discover the overall cost projection for your particular plan.

So take a look at some of your options, whether a full financial plan or a topic specific engagement, we think you will find that this is a refreshingly different way of providing financial advice.

Get Acquainted Meeting $0

STEP ONE: Let’s talk! We’ll speak on the phone to learn a little more about each other, and set your complimentary 45 minute Get Acquainted Meeting.

MEETING OBJECTIVE: Our aim is to fully identify your needs. Our goal is to learn enough about you, your prioritized goals, and current financial situation to determine what your situation requires. This isn’t the part where we provide advice, but we will answer your questions about how we can help!

BEFORE YOU LEAVE: You will understand the process and price of your plan. Then you will be equipped to go home, mull it over, and make a decision. If you have any follow-up questions, just give us a call.

Topic Specific Engagements

We understand that not everyone needs a Full Financial Plan, which is why we offer flexibility! How many customized scenarios exist? There are infinite possibilities! It all depends on your questions, your family, your specific needs.

Here are some sample engagements based on some of the questions you may have –

Cash Flow and Spending Plan $360 and up

	How do I get out of debt and start saving for our future?
	How much of an emergency fund should we have and where should we keep it?
	Is there a way to simplify all the financial things in my life?
	How do we account for big expenses that only occur once or twice a year?

Investment Portfolio Review $540 – $1620 cost is dependent upon the number of accounts and the number and types of investments

	Do I have the right investments?
	I am tired of being whipsawed by the market, what can I do to minimize volatility?
	Is my portfolio diversified enough?
	How do I know it is time to sell an investment?

Life, Disability, Long-term Care Insurance Inventory and Needs Analysis $360 - $720

	What should I do so that I have a safety net for my family, should anything happen to me?
	Is my work disability coverage enough?
	Do I need Long-Term Care insurance or should I self-insure?

College Planning $360 - $540

	How much should I save for a college education?
	Should we have a 529 plan?
	How is financial aid impacted by having a custodial account? 529?

Retirement Planning $540 - $1260

	How much should I be saving for retirement vs. college for the kids?
	Am I on track to retire when I want to?
	What types of accounts are best for me?
	My employer does not match, what are my best options?

Retirement Lifetime Income Planning $540 - $1620

	What are my options for taking social security?
	Which pension option is best for us?
	What should I do with my 401(k)/403(b), etc.?
	How much can I take out and not run out of money?
	Which accounts should I draw from first?
	Can we afford to travel and enjoy ourselves?

Major Life Event Planning $360 - $1800

	I want to leave a legacy for my loved ones and charities, but how?
	I have received an inheritance, now what do I do?
	I have recently been widowed and am not used to taking care of the finances, how can I learn?
	I am an executor for an estate for the first time, am I doing everything that I should be doing?

Other Engagement Options

Semi-annual or Annual Portfolio and Investment Review $360 - $1260

Rebalancing engagements costs less than initial engagements because your target plan already exists. Review meetings involve adjusting for market conditions and/or changes in quality of investments.

Implementation of “To-Do” items $180 per hour

As independent financial planners we offer a flexible approach for getting your To-Do items To-Done! Some clients want to implement their own action steps, but some are too busy or want additional assistance; for these clients we are happy to complete as many of the To-Do items as desired.

Second Opinions $540 - $1620

Perhaps you already have a financial advisor, or perhaps you are your own. You may wonder from time to time if you are on the right track… Come in for a Second Opinion, and put your mind at ease!

Start Off On The Right Foot $360 - $720

A perfect option or gift for college Juniors, Seniors and recent grads, as well as Newlyweds and engaged couples. Our work together is customized specifically to your situation and questions. In this educational engagement we can address topics such as;

	Establishing and prioritizing goals
	Managing cash flow
	Systems for tracking your money and net worth
	Debt management
	Student loan debt management
	Balancing current needs with future needs
	Learning about the value of investing and compounding
	Understanding the benefits offered to you through your employer
	Investing in work retirement plans and your investment options
	Anything else on your mind!

After our initial financial planning engagement, will our relationship end?

We hope to become your trusted resource for all of your financial questions! However, depending on your needs and planning topics, our actual engagement may end after our initial endeavor.

Then, when you have a change in your situation, such as a new job, a baby, a marriage or divorce, or a new financial goal, please contact us again! We are happy to be there for our clients through life’s financial ups and downs.

For clients with investments, a regular financial check-up is vital. Markets move, investment quality changes, and adjustments need to be made. For most investors with whom we work, a semi-annual or annual quality assessment and portfolio rebalancing is sufficient.

Fees are paid by check. To start the project a signed client agreement and the lesser of $500 or 50% of the fee estimate are paid. The remaining balance is due at the final recommendation meeting.

It’s on your To-Do. Let’s get it To-Done!

Contact us today to schedule a complimentary Get Acquainted Meeting!

636.375.1813

The above information is for general reference and discussion purposes only. A signed and dated Client Service Agreement is the only official source of fee quotes and the only binding offer of service recognized by Clark Hourly Financial Planning, LLC. Actual fees will depend on each client’s specific planning needs.