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What do you do?

At IAM Financial, we help self employed  business owners and professionals, and snow bird golf enthusiast their finances so that they can retire on time. Once organized, we begin working on focusing your finances so that they coincide with your life's goals. Think bucket list. Then we actively coordinate and manage your tax, investment, and financial plan together so that you can focus on living the life you've always dreamed of.

How do you do it?

Using simple fundamental planning and investing strategies. You can read about them on our Home page.

Why Should I Hire You?

There are actually 6 reason why people hire me. You can read about them at Why IAM.

Am I Your Typical Client?

We started out working primarily with self-employed business owners and professionals. As more and more clients have retired, we are working with snow birds and golf enthusiasts You can read here about our typical client.

What Services Do You Offer?

We offer Wealth Management. All new clients start off with a financial plan. To make your life simple, we also prepare your taxes for free.

What's Wealth Management?

Wealth Management is the management of your investments in line with your financial and tax plan. The goal of IAM Financial's wealth management service is so you always know where you stand with your money. If you are not yet retired, you know how close your are. If you are retired, you know what kind of an income your can expect year after year.

What do you charge?

Wealth management is based on a percentage of assets. For the first million, I charge a minimum fee of $7,500. Anything over a million, I charge 0.25%. For more information see Fees.

Is there a minimum amount of investments you need to invest?

The short answer is no. But  I do have minimum fees of $7,500/yr for wealth management. To get the most out of wealth management it's best to have at least $1 million or more if you're near or in retirement.

What's your minimum level of fees for wealth management?

$7,500 per year paid quarterly, in advance.

Why did you set your fees the way you did?

Over the years I've raised my minimum fee as a result experience, complication, and supply and demand. I consider myself an financial planner first and foremost. The planning drives the process. Fees are estimated at $5,000 for planning and 0.25% for the investment management of about $1 million. For simplicity reasons, I charge the $7,500 fee. Most advisors charge about $10,000 to management $1 million and you don't get updated plans, nor tax returns.

Fees are estimated at $5,000 for planning and 0.25% for the investment management of about $1 million. For simplicity reasons, I charge the $7,500 fee. Most advisors charge about $10,000 to manage $1 million and you don't get updated plans, nor tax returns.

I try to rationalize my fees that way, but don't itemize them for simplicity reasons. I also don't itemize because my frugal clients would start requesting this or that be added or taken out. I like to keep it simple. It's a value no matter how you look at it.

What's "fee-only"?

Fee-only is a mode of compensation whereby the advisor is only compensated by you, the client. It's also the most transparent way of operating. You know what you get for your money.

What can I expect if I become a client?

Wealth management clients can expect to have their financial plans, investments, and taxes coordinated for the next 30 years. You can read specifically about what you get on their respective pages.