Personal Finance Fiduciary and Investment Consultant
I learned a long time ago that if a “plan” isn’t written, there is no plan! As a long-time engineer-type, I’ve taken written plans to heart in all that I do, especially as a Financial Planner. Forming this financial planning business was birthed on many ideas I experienced in the manufacturing and engineering community. See the publication Engineering Your Retirement Plan as an example. Even the logo you see above contains an automotive “sweep” through the design.
I’ve also learned over a 30+ year career that everything starts with a passion around the client. In that spirit, I want to share the core principles that drive my very existence in the personal finance industry:
“Improve the financial life for each and every client we serve”
“For people of all income levels to have access to affordable and professional financial planning and investment management services, without the pressure or bias of product sales and commissions”
“To provide you with fiduciary advice and a written plan to get you on solid financial footing and a go-forward roadmap that is in the best interest for you, your family, and your business”
Converting the Vision Into Services for You
To help you improve your financial life, we offer personalized written financial plans including an Investment Policy Statement and several sections related to your financial situation. Most importantly it includes a summary/action plan that you can implement on your own or with our help. If additional education or consulting is required, or if you want investment management services, we can provide that too! The overall objective is to help you better sleep at night knowing you have a plan in place.
As an accommodation to all income levels, we offer hourly, fixed, or asset-based fee arrangements at reasonable price points depending on the financial complexity of each client.
Finally, to fulfill the vision, I wanted this personal finance business to be a consulting service independent of product sales, removing as much product bias as possible from our financial recommendations to the client. Therefore we do not accept any product commissions or referral fees.
See our Services page for more information about our Financial Planning and Investment Management services.
We are a Fiduciary
Most importantly, we are fiduciary financial planning professionals! The National Association of Personal Financial Advisors (NAPFA) sets the definition for fiduciary financial planning advice.
NAPFA’s position is that the Fee-Only method of compensation is the most transparent and objective method available. This model minimizes conflicts and ensures that your financial planner acts as a fiduciary. Fee-Only planners are compensated directly by their clients for advice, plan implementation and for the ongoing management of assets. All NAPFA members are required to work only within the Fee-Only structure, accepting no commissions for their work.” See the full fee-only advising article on the NAPFA website.
When you do business with Kastler Financial Planning, you are doing business with a fiduciary at all phases of the financial planning engagement. Each client receives a signed fiduciary oath.
What this Means for You
Working with a fiduciary brings unique value to each of our clients:
- As a fiduciary, a finance professional writes your Plan, not a salesperson
- There are no product sales, therefore, we receive no commissions
- Recommendations are made that are in your best interest, not ours
- Our flat-fee pricing is provided to you up-front before we ever sign a contract
Additionally, we do not require you to move your money to our control for us to create a Financial Plan for you! Therefore, you can use us as a second opinion to your current provider or as a self-check if you are a Do-It-Yourselfer.
Each financial plan is personalized to help you get on a solid financial footing and a path to meet your goals. We write a detailed document with a summary and action plan that you can implement with or without our help.
Your Financial Planning Team
Founder of Kastler Financial Planning
Fiduciary Financial Planner
Read more About Mike
Fiduciary Financial Planner
Special Needs Advocate
Read more About Penny
We want to be your trusted advisor in the area of personal finance!
Principles for Client Engagements
In every client engagement, we follow the 7 Principles of Financial Planning established by the Certified Financial Planner Board of Standards, Inc.’s Code of Ethics. These principles include:
Kastler Financial Planning is a member of the Garrett Planning Network (GPN), a national network of independent fee-only fiduciary financial advisors, and the National Association of Personal Financial Advisors (NAPFA).