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How does the advisor help clients – Key Takeaways:
Here are some of the key ways Dougherty Financial Planning, LLC helps its clients:
- Creates personalized and comprehensive financial plans tailored to each client’s individual needs and goals.
- Provides expert investment advice and management to help clients achieve their financial goals.
- Offers guidance and support in navigating complex financial decisions and situations.
- Promotes financial education and empowerment, empowering clients to take control of their financial future.
Facts and Insights
Founded in 2003, Dougherty Financial Planning, LLC (DFP) is a registered investment advisory firm located in New York City. The firm is committed to helping individuals, families, and small business owners achieve their financial goals by providing top-notch financial planning and investment management services. Through its personalized approach, DFP strives to build long-term relationships with its clients, partnering with them to achieve financial success.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 5 | 18 years |
Financial Services Offered
- Personalized financial planning
- Investment management
- Retirement planning
- Estate planning
- Tax planning
- Education planning
- Risk management and insurance
Client Types
- Individuals
- Families
- Small business owners
Fees & Compensation
Dougherty Financial Planning, LLC operates as a fee-only advisory firm, meaning it is compensated solely by client fees rather than receiving commissions for product sales. This aligns the firm’s interests with that of its clients and ensures transparency in its compensation structure. DFP charges a percentage of assets under management as its fee, which is typically between 1.0% and 1.5%. The firm also offers hourly and fixed-fee arrangements for certain services.
Background
The founding principal and primary financial advisor at Dougherty Financial Planning, LLC is John Dougherty, CFP®. Mr. Dougherty has over 20 years of experience in the financial planning industry and is committed to providing clients with unbiased, professional advice. He holds the Certified Financial Planner™ certification, which requires strict adherence to ethical standards and ongoing education. The firm also has a team of highly qualified professionals who work together to serve the diverse needs of its clients.
Financial Advisor Disclosures to Know
As a registered investment advisory firm, Dougherty Financial Planning, LLC is held to a fiduciary standard, which means it is legally obligated to act in the best interests of its clients at all times. The firm has not had any disciplinary actions or regulatory sanctions in its 18 years in business and has a clean record on its regulatory filings with the Securities and Exchange Commission.