I found TFP on the Garrett Financial Planning Network.
Our first time doing a formal financial plan, but we are very pleased. We worked with John Abernethy and he does a great job. He is a fee-only CFP fiduciary.
I can vouch for John. No games, gimmick or hidden fees. We were looking for an objective, formal plan, and that’s what we got. A+
If you don’t mind sharing…what type of plan did you get? Budgeting? Investing? Estate Planning? and what was the cost ?
I got an overall projection of what our net worth would look like considering a major project-a new house build.
John ran the projection out to age 100, to give us a good idea of how the project would affect our resources. John ran it with several assumptions, including disability situations, adjusted to our risk tolerance, investment and spending habits, and family situation.
We are very pleased with the plan. It provides us with an objective, professional 3rd party overview of the kind we were looking for,
I think the fees will vary due to complexity and how much work goes into the plan. John mentioned that ours would take around 10 hours, so it wound up in the neighborhood of $2500 for our situation.
I thought it was a good value for someone with his skill set and insights. He also provided an ‘action plan’ of low fee funds that we can consider to rebalance our portfolio.
Again, he is a fee-only fiduciary. No commissions or back door compensation. Just the objective, fee only advice we were seeking.
Our situation is fairly simple. Im sure he can scale up to much more complex plans.
Thanks for the followup !