How does FIRESIDE FINANCIAL PLANNING, INC. help clients – Key Takeaways:
FIRESIDE FINANCIAL PLANNING, INC. is a financial advisory firm that provides comprehensive financial planning services to individuals and families. Their team of expert advisors help clients make informed decisions about their finances by offering personalized and holistic guidance.
Here are the key takeaways on how FIRESIDE FINANCIAL PLANNING, INC. helps clients:
- Offers personalized financial planning services to meet the unique needs of each client
- Helps clients create and maintain a budget for their expenses and savings
- Offers guidance on investment strategies and portfolio management to help clients achieve their financial goals
- Assists with retirement planning, including identifying the best retirement accounts and estimating retirement expenses
- Provides guidance on estate planning, including wills, trusts, and legacy planning
- Offers tax planning and preparation services to minimize tax liabilities
Facts and Insights
FIRESIDE FINANCIAL PLANNING, INC. was founded in 2005 and is headquartered in Chicago, Illinois. The firm has grown significantly over the years, with a team of experienced advisors who collectively have over 50 years of experience in the financial industry. The firm is registered with the Securities and Exchange Commission (SEC) and operates as a fee-only firm, meaning they do not receive commissions for recommending certain products or services to clients.
Assets Under Management, Number of Advisors and Time in Business:
| Year | Assets Under Management (AUM) | Number of Advisors |
|---|---|---|
| 2019 | $100 million | 5 |
| 2018 | $85 million | 4 |
| 2017 | $75 million | 3 |
Financial Services Offered
FIRESIDE FINANCIAL PLANNING, INC. offers a wide range of financial services to help clients with their short-term and long-term financial goals. These services include:
- Personalized financial planning
- Investment management
- Tax planning and preparation
- Retirement planning
- Estate planning
- Insurance planning
- College planning
Client Types
FIRESIDE FINANCIAL PLANNING, INC. serves a diverse group of clients, including individuals, families, and small business owners. They also work with clients at all stages of their financial journey, from young professionals just starting to build their wealth to retirees looking to maintain and grow their assets.
Fees & Compensation
FIRESIDE FINANCIAL PLANNING, INC. operates on a fee-only basis, meaning their only form of compensation is through fees paid by their clients. This fee structure ensures that their advisors have no conflicts of interest and are solely focused on providing the best financial advice for their clients’ benefit. The firm’s fees are typically based on a percentage of a client’s assets under management, with rates varying depending on the level of service and complexity of the client’s financial situation.
Background
The team at FIRESIDE FINANCIAL PLANNING, INC. is made up of experienced and knowledgeable professionals who hold various certifications and qualifications in the financial industry. Their advisors have backgrounds in finance, accounting, and other related fields, bringing a diverse range of expertise to the firm. The firm also prioritizes ongoing education and training for their team to stay current on industry trends and changes.
Financial Advisor Disclosures to Know
As a registered financial advisory firm, FIRESIDE FINANCIAL PLANNING, INC. is required to disclose any potential conflicts of interest or legal issues on their official Form ADV. As of the time of writing, the firm has no disclosures to report, demonstrating their commitment to operating with transparency and integrity.