Frequently asked questions

Where are you located?

IAM Financial is a fee-only, fiduciary financial planning firm serving self employed business owners and professionals in East Lansing and Grand Rapids Michigan, and across the country. 

What are your hours?

We're open 10AM to 5PM (by appointment only). 

Do you meet face to face?

Yes. Masks are encouraged for your safety, but not required unless you are unvaccinated. 

What do you do?

We offer fee-only, fiduciary comprehensive financial planning, investment management, and tax prep, filing, and planning.

How do you do it?

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

Who do you do it for?

We work primarily with self-employed business owners and professionals at or near retirement. You can read here about our typical client.

Why should I hire you?

Most people hire me because I'm an independent CFP ® fee-only fiduciary that offers comprehensive financial planning, investment and taxes. I don't sell products. They also hire me because I'm lower cost than most professionals that offer my spectrum of services. 

What do you charge?

There are never any commissions or surrender fees when working with IAM Financial. Strategic Financial Plans start at a negotiable $5,000 fee. Comprehensive Financial Plans start at $7,500. Half the fees paid for a financial plan can be credited towards your first year's wealth management fee if you start within 2 months after the plan was delivered. Wealth Management has 1% fee on the first $1 million investments managed . Anything over $1 million is billed out at 0.5%. 

Do you have a minimum fee?

There is a negotiable $2,500/quarter minimum fee. This covers the first $1 million in investments managed, simple tax returns, and the comprehensive financial planning. For more information see Fees.

Why "fee-only"?

Fee-only is the most transparent, objective way of being paid. You pay me directly. I do not receive any compensation from anywhere else. 

What can I expect if I become a client?

Your finances will be well organized in a tax-efficient, low-cost manner. Fees are transparent and commissions-free. If you're unhappy, you can leave at anytime with no surrender fees. 

How do I get started?

Schedule a 15 minute "get acquainted" call so I can get to know our situation a little, share my services with you, and see how they may match up.