Retirement planning doesn't have to feel overwhelming
Becoming a Client
Our #1 goal at Eliot Rose Wealth Management is to reduce your retirement stress. Let us walk you through our straight-forward process of becoming a client.
Let's start with a complimentary Meet and Greet
It's really simple. We'll begin with a 30 minute session so we can meet each other and see if we're a good match. No stress. No pressure. It's everyone's opportunity to get to know one another.
This introductory meeting is NOT a sales pitch and it doesn't commit you to anything. You may want to sleep on it before making a decision. That's fine! And if you decide you need different services, we'll gladly refer you to another vetted advisor. We want what's best for you.
We're a great fit together. Let's move on to the next steps.
Step 1: Discovery
What are your goals? What do you want your retirement to look like?
The discovery meeting helps us dive a little deeper into what you want to do in retirement. And if you're not sure (like many people) we can help with that, too!
Step 2: Financial Planning
Understanding your retirement through the Sustainable Spending Analyzer®. We build your plan and compare multiple retirement possibilities.
This is where you see all the pieces of your retirement plan come together through the Eliot Rose Sustainable Spending Analyzer® (SSA). We'll tackle the "what ifs" that keep you up at night. And we'll be with you every step of the way building a plan that works for you!
The SSA is a next generation, 360-degree approach to retirement planning. It’s a refreshingly straight-forward tool that turns confusing charts and graphs into answers about the most important decisions related to your retirement.
Step 3: Portfolio Design
We design portfolios to carefully reduce risk, improve tax-adjusted returns, and create reliable income streams. In order to do this, we ensure that all pieces of the portfolio are strategically working together.
Step 4: Protecting Your Plan
Peace of mind comes with having all the loose ends tied up. We help you make sure you and your loved ones are protected with the right estate planning, accounting, and legal counsel – all available through our professional network.
Financial planning is an ongoing process, not a multi-page report.
Still Have More Questions? No Problem. Here are some helpful FAQs.
Yes! You always want this to be a one-word answer. The fiduciary standard is a legal obligation that requires us to put our client's interests first.
Yes! We have a fee-only business model. This means that we are only paid by our clients. We do not accept compensation or commission from other sources. This allows us to remain unbiased and provide advice and counsel in our clients' best interests. We are proud members of NAPFA, the leading association of fee-only advisors. If you want to learn more about the benefits of working with a fee-only advisor, please see our recent article here.
Generally speaking, we advise on all topics where money and life intersect. Please click here to see a visual.
Most people start working with us the year of their retirement. We call this the “leap year” because it is a significant life transition. Typical clients have been disciplined savers and want to take a strategic and thoughtful approach to retirement.
The CFP designation is the highest credential in the financial planning industry. CFP® professionals have completed extensive training and experience requirements and are held to rigorous ethical standards. They understand all the complexities of the changing financial climate and will make recommendations in your best interest.
The Chartered Financial Analyst (CFA) Program is the highest credential in the investment management field. Similar to the CPA exam, CFA charter holders have to pass three exams (one per year). Only 9% of people have passed all three exams consecutively in the past decade. One of them works at Eliot Rose!
The RMA® is considered a "post-CFP®" certification when it comes to retirement planning. The Retirement Management Advisor® program focuses exclusively on asset decumulation. This is a completely different framework compared to asset accumulation.
A custodian is the organization or bank that houses your money and stock holdings. Charles Schwab Institutional Services is our custodian. Schwab is considered a leader in the field. Whoever you chose to work with, we recommend to always make sure your advisor is using a custodian – it is a sign of good corporate governance and safeguards your assets from firm malfeasance.
Absolutely, we serve clients all across the country. All of our meetings are conducted virtually, so you never have to leave the comfort of your home.
A virtual meeting is simply a meeting that happens online rather than physically. We have thoughtfully designed our virtual meetings to be interactive and engaging using the latest technology available.