Helping Self Employed Business Owners and Professionals
Organize Your Finances
so you can
Retire on Time
IAM Financial is a fee-only, fiduciary financial planning firm dedicated to helping self employed business owners and professionals organize their finances so they can retire on time. IAM does this offering face to face comprehensive financial planning, investment management and tax filing to local clients in East Lansing, Grand Rapids, and across the country.
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How can we
help you?
We do this using simple planning strategies like:
Create a Plan
Create a plan to organize your finances so that you can retire in the next 10 years.
Pay Yourself First
Make sure you're investing in the right places so that your retirement is optimized for success.
Live Stress Free
Know where your retirement income is coming from and how much you can expect as you retire debt-free.
Focus on Worth
Focus on worth by using your money to do things that bring you the most happiness like spending time with family and friends, travel, and golf.
How we're
different
Fiduciary
We sign a Fiduciary Oath putting your interest ahead of ours even if we make less money.
No Commissions
We offer completely transparent fee structure with no hidden fees. There are never any commissions or surrender fees.
CFP® Professional
We offer comprehensive financial planning from a CERTIFIED FINANCIAL PLANNER™.
Who We
Serve
Let's Plan for Retirement
Our self employed business owners and professionals are 10 years out from retirement. They are in their peak earning years and have accumulated a sizable nest egg. They want to position themselves and their companies for success as they enter the next phase. That includes minimizing taxes and getting the most out of their money. They want a plan to get them there, and are comfortable delegating that responsibility to an advisor they trust.
Optimize my Retirement
Our retirees are busy traveling and spending time with their grand kids. When not with family, they enjoy walking on the beach with their dogs, or on the golf course. Their retirement income is tax efficient and maximized for getting the most out of their dollars. They don't worry about money. They take comfort in knowing that their finances are organized and that their spouse is taken care of if something happens to them.
Hi, I'm Rich
Owner
My super-power is organizing things. I LOVE trying to make things fit. My background is in finances so naturally, I like organizing people’s money. I am also spiritually oriented and enjoy looking at things on a deeper level.
Money has always impacted me. Growing up, we lived in the biggest house and had the nicest cars. Our family motto was "he who dies with the most toys, WINS!" We had two corvettes with the license plates TOY 2 and TOY 3. Apparently, TOY 1 was taken. It's a great motto if you get to enjoy them. But I didn't see my Dad too much. He was a workaholic.
One year my Dad was writing an article for work about timeshares. We went to Florida, the Timeshare Kingdom. The year was 1987. It was the year my grandma died. My Mom made him buy the timeshare on the spot.
Up until then we'd camped or taken an overnight vacation every now and then. But not often, and time was slipping away. My brother was in high school and I was in middle school. We finally had something to look forward to every year. That one week together at the golf course, or on the beach.
In 1997 I started working at my Dad's company doing financial planning. He introduced me to The Millionaire Next Door by Thomas Stanley and I started saving money. I also got to spend a lot of time with him. But there was always a strain around money. It seemed like there was always a balance between time and money. You could have one or the other, but not both. I think it comes from the motto he taught me early on that time is money.
In 2007 my son Tyler was born and something had to change. I had to figure out a way to have both time and money. In 2008 I started IAM Financial because I wanted to change my relationship with money and share it with the world.
Now, I'm a self-made millionaire and take summers and December off. Well, I work on my business and myself. But I try to find that balance between work and play. I had a client tell me "I want to do something in my next phase in life that will give me a little money and doesn't require 80hrs a week. Kind of like you." He makes $700,000/yr and has a net worth of over $3.5 million. But he knows the value of time and money.
Oh, and my kryptonite is telling people no. So I'm working on an online course that'll teach others how to organize their money so they can enjoy life.