How does the advisor help clients – Key Takeaways:
MODERN DOLLAR PLANNING, LLC is a financial advisory firm that provides expert guidance to clients in managing their wealth and achieving their financial goals. Their team of professionals possess vast knowledge and experience in the financial industry, allowing them to create personalized plans for each client’s unique situation.
The following are some key takeaways on how they help clients:
- Creating personalized financial plans to meet each client’s specific needs and goals
- Offering a wide range of financial services, including investment management, retirement planning, and tax planning
- Providing ongoing support and communication to ensure clients stay on track towards their financial goals
- Utilizing modern technology and tools to provide efficient and effective financial solutions
- Offering transparent and competitive fees to ensure clients receive the most value for their money
Facts and Insights
To understand the scope and success of MODERN DOLLAR PLANNING, LLC, let’s take a look at some key facts and insights:
- Founded in 2005, the firm has over 15 years of experience in the financial industry
- They have assets under management of $500 million as of December 2020
- The firm has a team of 10 highly qualified and experienced financial advisors
- Their average client net worth ranges from $500,000 to $5 million
These numbers showcase the impressive track record and expertise of the firm, making them a reputable and reliable choice for clients seeking financial advice.
Assets Under Management, Number of Advisors and Time in Business:
| MODERN DOLLAR PLANNING, LLC | |
|---|---|
| Assets Under Management (AUM) | $500 million |
| Number of Advisors | 10 |
| Time in Business | 15 years |
Financial Services Offered
MODERN DOLLAR PLANNING, LLC offers a comprehensive range of financial services to meet the diverse needs and goals of their clients. They are committed to providing top-notch expertise and guidance in the following areas:
- Investment Management
- Retirement Planning
- Tax Planning
- Estate Planning
- Education Funding
- Insurance Planning
- Cash Flow Management
Client Types
The firm caters to a diverse range of clients, including:
- Individuals seeking financial planning and investment management services
- High-net-worth individuals with complex financial needs
- Small business owners looking for financial advice and retirement planning
- Families looking to secure their financial future
Fees & Compensation
MODERN DOLLAR PLANNING, LLC believes in providing transparent and competitive fees to their clients. They offer a fee-based compensation structure, which means that their fees are based on a percentage of the client’s assets under management. This incentivizes the firm to grow the client’s portfolio to increase their own compensation.
Additionally, they may also receive compensation from third-party products or services recommended to clients. However, the firm has a fiduciary duty to always act in the best interest of their clients and disclose any potential conflicts of interest.
Background
The founding partner of MODERN DOLLAR PLANNING, LLC is a certified financial planner with over 20 years of experience in the industry. Their team of advisors consists of highly educated and experienced professionals, including certified financial planners, chartered financial analysts, and certified public accountants. They are committed to continuously expanding their knowledge and staying