What is Hourly Financial Planning?
Our West Des Moines financial advisors offer hourly financial planning services. Unlike fee-based financial planning, where financial advisors charge a consultation fee and a percentage of income earned, an hourly financial planner charges a flat hourly rate for their financial planning services — you won’t pay more if you earn more.
What is Financial Planning?
Financial planning begins with the process of creating a Net Worth Statement and evaluating your assets and liabilities, including total income and any debts. With this information, it’s possible to analyze your current state and future expectations. Once you know where you stand, it’s time to think about goals and make a plan for your money.
Types of Financial Planning
Financial planning goals are as diverse as the people who make them. The whole point of financial planning is to figure out what your goals are and then figure out how to use your money to help you get there. There are many reasons to meet with a financial planner. We have clients who meet with our Des Moines-based financial planners for help with a huge variety of things:
- How to Pay Off Student Loan Debt
- Cash Flow Management Tips
- How to Save Money and Pay Off Debt
- Education Planning/College Fund For Kids
- Insurance and Risk Analysis
- How to Begin Investing
- Investment Strategy
- Retirement Income Planning
- Estate Planning and Leaving a Legacy
If you have a money question, the Des Moines financial advisors at Compass Financial have answers. And we don’t offer one-size-fits-all advice. We listen and learn about your unique situation before we offer our advice. Compass Financial advisors want to partner with you to help you pursue your goals. We will never offer instruction or advice without first understanding your personal needs and wishes.
Throughout our years of financial industry experience, we have identified a few patterns throughout a person’s life where they may benefit from a financial planner’s insight.