Certified Financial Planner (CFP)
Although many professionals may call themselves “financial planners,” CFP® professionals have completed extensive training and experience requirements and are held to rigorous ethical standards. They understand the complexities of the changing financial climate and know how to make recommendations in your best interest.
Fiduciary
Fiduciary duty is a legal responsibility to put the interests of another party before your own. If someone has a fiduciary duty to you, he or she must act solely in your financial interests. A fiduciary cannot, for example, recommend a strategy that doesn’t benefit you but instead provides a kickback.
SmartVestor Pro
SmartVestor Pro's work with Dave Ramsey financial principles to establish a long term investment strategies and equity portfolios.
Budgeting
EFP advisors believe in zero-sum budgeting. Every dollar in your income needs a place to go. Whether it is savings, utilities, groceries or spending, every dollar needs to be told what to do and we can work with you to develop a budget to maximize your income.
What is a SmartVestor?
• A SmartVestor pro is a financial professional who's been vetted and endorsed through Dave Ramsey's SmartVestor program. They believe in long-term investing and maintaining a debt-free mindset.
What is a Certified Financial Planner?
• A Certified Financial Planner is a professional who has undergone rigorous training, and experience to achieve the title of certified financial planner (CFP®). They help manage investments, retirement, taxes, insurance, estate planning and more.
Why is financial planning important?
• Financial planning is important because your planner reviews your goals for you and your money, then creates a roadmap to help you reach them.
• Whether you are saving for retirement, a home, or your child's education. A financial planner will always guide and help you achieve your goals.
When should I start investing?
• Many people find that contributing consistently can play an important role in long term financial growth. Even small, regular contributions have the potential to grow over time.
How can I find the right financial planner?
• Look for certifications like CFP, CFA, etc.
• Ask about their fee structure to determine if it's right for you.
Do I really need a financial plan even though I'm already good at saving money?
• Saving is a really strong habit, but financial planning ensures that your money works for instead of you working for it. With a financial plan you wouldn't have to think about missed opportunities.
How often should I update my financial plan?
• Consider updating your financial plan at least once a year, or whenever you experience a major life change such as a new job, marriage, a child or a big move.