Fee-only Financial Planning

When you use fee-only financial planning from MJM Financial Advisors, LLC, you’ll receive a road map for your financial future. Your comprehensive financial plan will deliver specific recommendations on how to use your growing resources to improve net worth, minimize income and estate taxes, and increase after-tax cash flow. As a result of the intensive “get acquainted” process, your plan will reflect your lifestyle, needs, and goals in addition to detailed knowledge of your complex financial situation. There is no "one-size-fits-all" plan.

We offer planning combined with ongoing advice. This makes you confident that your total financial picture is constantly being evaluated, so your plan can adapt as conditions change.  

The Process

Your initial meeting with us involves no charge or obligation. It is simply a "get acquainted" session where you learn about how we can help you and we learn about you and your current situation.

Once you decide to proceed, your in-depth financial advisory process begins. As a first step, you complete a confidential questionnaire and formalize our relationship through an engagement letter outlining the services you will receive and the fees you’ll pay. This intensive fact-finding helps MJM understand your current financial situation as detailed in the questionnaire, as well as your personal goals and priorities for the next several years.

The process encompasses every area of your financial world, including estate planning, investments, insurance, disability, employee benefits and stock options, cash flow, retirement and education planning.

As a result, you will receive custom-tailored analyses and recommendations in a detailed, written plan. The plan documents your current financial situation, identifies all areas that will be affected, and makes specific, goal-oriented recommendations.

The plan also aims to position you most effectively relative to your personal tax situation, taking into account the ever-changing tax environment.

Review and Implementation

Our one-on-one, thorough discussion of your plan means you will understand each recommendation. We’ll answer any questions you have.

Ongoing consultation is a core of our service. We recommend meeting at least once a year to review any changes in your situation. This allows us to monitor and adjust your financial plan accordingly.

If you wish, we can actively assist in the full implementation of every plan recommendation. If you intend to utilize the other members of your present advisory team, we’ll work with them also.

If you require more intensive, ongoing services, we also offer retainer relationships to provide cost-effective counsel as part of an overall wealth management strategy.

Learn more about Personal and Family Wealth Planning:

We invite you to contact us to learn more about how we can assist in your wealth management needs.