Plain-language articles on investing, taxes, retirement income, market context, and planning updates from our CFP® team.
For any business relationship to work, the value gained for both parties must exceed the cost. The calculation for a financial advisor is quite simple: The relationship works for the advisor if the compensation received in return for advice and service is enough to cover costs and a reasonable profit. The calculus for clients, when […]
If you’ve been with us long enough, you know that we value efficient diversification on a very large scale. True diversification decreases your risk without decreasing your expected return over long periods of time; an invaluable component of a robust financial plan. Not only do we invest in thousands of different securities, but we also invest across […]
Conventional wisdom encourages small business owners to form an S Corporation to reduce the amount of self-employment taxes they owe. The idea is to reduce your wages and pay profits out through a profit distribution that is not subject to the 15.3% (employee and employer combined) self-employment tax. For high earners with a willingness to […]
In celebration of this season and with deep appreciation of our relationship with you, we extend this invitation to an elegant Christmas brunch as our gift to you. We look forward to your presence and would be delighted to accommodate any guests that you would like to bring. Friday, December 12th, 2014 7:00 AM – […]
It’s official: the IRS has announced the cost-of-living adjustments affecting 401(k) contribution limits for the 2015 tax year. Here’s a breakdown of the new changes, and how they might affect your ability to contribute to your retirement fund. Elective deferral and SIMPLE IRA Contribution Limits These limits apply to individuals seeking to contribute to a […]
After 17 years in our downtown office, Financial Plan is moving to a new office location. Beginning October 1st, 2014 our office will be on Barkley Blvd. Our new address is: Financial Plan, Inc. 2115 Barkley Blvd, Suite 101 Bellingham, WA 98226 Our telephone and fax numbers remain unchanged, as […]
After 17 years in our downtown office, Financial Plan is moving to a new office location. Beginning October 1st, 2014 our office will be on Barkley Blvd. Our new address is: [schema type=”organization” orgtype=”Organization” url=”http://financialplaninc.com/” name=”Financial Plan, Inc” street=”2115 Barkley Blvd, Suite 101″ city=”Bellingham” state=”Washington” postalcode=”98226″ country=”US” email=”Info@FinancialPlanInc.com” phone=”360-714-1234″ ] Our telephone and fax numbers […]
InvestmentNews recently featured Financial Plan, Inc. in an article on how FP, Inc. uses technology to improve client service. This story is unique as most firms use technology to make their life better (save time, improve profit margins, etc.), but at Financial Plan the decision making process begins with the question “what is best for […]
As a Financial Plan client you often receive simple advice that is easy to follow. Your first impression might have been similar to this: You came in and let us know you would like to retire. After a couple of meetings of being poked, prodded, and answering every question under the sun, you left with […]
By W. Devin Wolf, CFP® 19 June, 2014 Trusting your advisor because they are friendly and seem nice isn’t adequate to protect yourself from fraud. In reality most fraudulent advisors (and serial killers too for that matter) are charming individuals who have a knack for getting you to let your guard down. Here are 3 […]
