Frequently Asked Questions
WHY DID YOU BECOME A FEE-ONLY FINANCIAL ADVISOR?
IS FRONTIER FINANCIAL PLANNING A GOOD FIT FOR ME?
WHO WOULD NOT BE A GOOD FIT FOR YOUR FIRM?
We probably aren’t a good fit if you’re not comfortable using technology or if you’re looking for a grand office with lots of suits and jargon. If you’re looking to beat the market or want an adviser to provide the latest hot stock tip or talk about daily stock returns, then we’re not that outfit.
WHY IS CFP® IMPORTANT?
Most people in the financial services industry are not held to the CFP standard.
DO I HAVE TO COME TO YOUR OFFICE?
HOW DO YOU GET PAID?
DO I HAVE TO PAY FOR THE FIRST MEETING?
I’M NOT IN FAIRBANKS (OR ALASKA). CAN WE STILL WORK TOGETHER?
WHAT IS YOUR INVESTMENT PHILOSOPHY?
We believe that efficient markets, diversification, risk-adjusted asset allocation, low-cost funds, and self-discipline provides the best investment results.
We prescribe to Market Efficiency, a theory that markets are efficient, but not always rational, and that prices reflect all available public information. It is impossible to know ahead of time when the market will move, or what direction it will take. As a result, we do not apply active management strategies like ‘timing-the-market’ and ‘stock-picking’.
We believe that having a diversified portfolio, which means holding a different number and types of investments, will help to reduce risk.
‘Asset allocation’ refers to the relationship or blend of cash, stocks and bonds in a portfolio. Our strategy aims to create a variety of asset classes to match the investor’s risk tolerance.
We believe in the importance minimizing expenses and reducing taxes in your portfolio.
Self-discipline requires you to recognize and maintain course on the timeline of your investment horizon. We believe that short-term goals should focus on the safety of the principal investment, whereas long-term goals require careful adjustments and patience.
We believe in providing clients with sophisticated but reliable investment strategies based on research, experience, and sound rationale rather than speculation. Although we believe you are best served when your investments are tied to a comprehensive financial plan, we do offer investment management services on a standalone basis.
WHY DO I NEED A FINANCIAL PLANNER?
HOW DO YOU KEEP MY INFORMATION SAFE?
I do not send any sensitive information in emails and encourage clients to similarly avoid that practice. I operate almost exclusively with web-based software, which avoids local data storage (on my computer system). The data I do store locally is synced with a cloud-based file-syncing tool, and the computer is protected with a strong password. The vast majority of my business and client data is held by the following providers (click the name to view their security policies).
RightCapital (financial planning)
XY Investment Solutions(investment management)
First Ascent(investment management)
Docusign and Hellosign (digital signature)
Wealthbox (client relationship management)
LastPass (password security)
Google’s G Suite (email, calendar, online forms, etc.)
Dropbox (document storage)
AdvicePay (monthly payment processing)
Calendly (meeting scheduling)
Process Street (workflow management)