Who are your typical clients?
My typical clients are city-dwelling couples, ranging from newlyweds to parents of young children.
Typical goals for my clients are:
- Creating and implementing a budget
- Paying down student loans
- Designing a plan to balance several savings goals at once
- Saving for the future while navigating life transitions (such as getting married or becoming parents)
- Creating better account organization and investment management
- Having the financial flexibility to pursue a dream career shift or life change.
I enjoy providing additional advising for couples in these key areas:
- Preparing for a baby
- Navigating motherhood and career
- Raising money smart kids
- Merging finances as newlyweds
- Couples and money communication
- Caring for aging parents
- How to raise kids in a city
- Generosity planning
What areas of financial planning do you cover?
- Cash Flow & Budgeting
- Credit Repair & Debt Management
- College Savings
- Optimizing Employee Benefits
- Estate Planning
- Insurance Planning
- Retirement Planning
- Tax Planning
- Investment Analysis & Recommendations
What is the typical process for working with you?
Financial planning works best as a relationship. It starts with a conversation where we identify your goals and points of stress around money. We’ll then build a clear picture of your wealth and talk about what’s possible: how can we change your current circumstances to align with where you’d like to be in a year, 5 years, 10 years, and beyond? I create a detailed Action Plan and Recommendations that will help you make progress towards your goals. We’ll tweak your Action Plan and I’ll make new recommendations as life happens and we continue to move forward together.
Do you meet with clients in person?
Yes, but usually only in Manhattan. I love to meet with local clients in person when this is an option.
IF I ENGAGE YOU FOR THE QUICK START SERVICE, CAN I ADD ON THE MONTHLY SERVICE AT A LATER DATE?
Absolutely. Depending on time passed since your Quick Start session, there may be an additional upfront fee.
Do you make money from selling products to your clients?
No. Financial planning fees paid by clients are my only form of compensation. I do not sell any insurance or investment products nor do I receive commissions of any kind.
WHAT IS YOUR CANCELLATION POLICY?
Clients may terminate their financial planning agreement at any time. I ask for two business days notice. Upon cancellation, fees will be prorated and any unearned fee will be refunded to the client.
WHAT'S YOUR INVESTMENT PHILOSOPHY?
I primarily practice passive investment management through index mutual funds or exchange traded funds. I help clients invest for the long-term based on their goals and risk tolerance. I am not a good fit for clients focused on stock-picking or “beating the market” or wanting active management.
I’m a big believer in understanding what you’re investing in, so I aim to educate clients and make sure they understand where they are putting their money.
Passive investment management is characterized by low portfolio expenses (i.e., the funds inside the portfolio have low internal costs), minimal trading costs (due to infrequent trading activity), and relative tax efficiency (because the funds inside the portfolio are tax efficient and turnover inside the portfolio is minimal).
By contrast, active management involves a single manager or managers who employ some strategy or technique to construct a portfolio that is intended to generate returns that are greater than the broader market or a designated benchmark. Empirical studies indicate most active managers underperform the market.