Many life situations can make managing and protecting your family’s assets feel like a part time job. But it doesn’t have to be.
Having the right financial planning fiduciary on one’s team can make all of the difference. Beyond basic licensing, this fiduciary aspect is especially important because it signals that they are legally bound to act in the client’s best interests—not favoring plans for reasons like larger commission payouts. Financial Planners provide services that would normally be mentally-taxing and time-intensive for individuals acting without decades of navigational expertise. They also often have teams of related professions (CPAs, Lawyers, etc) who they know well available at their call. This allows clients to focus their minds and time on the people and things that make them happy—and the skills that earn them money in the first place.
This week’s featured presenter, B2B Member Matt Bowden and his team at RFC Financial Planners provides all of these services—but with added special knowledge of the area and it’s large employment institutions. Although Matt can provide top-notch service to anyone he works with, he shared the professions (or employer) of those who can help best:
Business Owners
In all fields, successful business owners tend to run into various financial planning needs throughout their entrepreneurial journeys. From tax planning up front, to employee plans throughout, to help at the exit—Matt’s team can help at all stages. He also shared he is currently becoming a Certified Exit Planning Advisor, where he’ll be able to step up his ability to help business owners facilitate the best transition and maximize the deal they receive for selling their businesses.
Medical Professionals
Sometimes they are business owners, but often they are high-earning employees. They work a lot and don’t have the time nor should they need to devote the mental energy into managing every dollar. With a few hospitals in the immediate area, Matt’s team works great with these professionals—interacting just enough for both sides to have a good understanding of the other’s goals, values, and intent, and little enough to make the process a pleasant breeze.
University of Michigan Employees
As a longtime neighbor to the University, Matt’s team at RFC Financial Planners has years of experience with and even some special insight into the school’s 403a & 403b plans. Educators and even staff at these institutions have modest to great incomes and great benefits, which add further to their financial complexity. The Ann Arbor area is populated with a lot of these individuals and RFC has spent years positively serving their interests.
Connect with Matt to start planning today. And to connect with local businesses and hear or potentially deliver more great presentations like Nikki’s, visit one of our meetings any time, and consider joining to become a member!
