Hi there and thank you for stopping by today. Today I am going to talk about how I help my clients. And my name is Tina Anders. I am the Certified Financial Planner for my firm Anders Wealth Management located in Petaluma, California serving primarily Sonoma and Marin counties.
Talking about how I help my clients, first of all, I asked a lot of questions. And then I listen, and I listen some more. My primary goal with my client meetings is to get to know what’s important to my clients. What has their attention and how I can serve them well? And out of these conversations will come valuable information from which I can begin my financial planning process.
Some areas of concern for clients, not to exclude other topics, but some primary areas are retirement projections, portfolio analysis, social security analysis, insurance review. For instance, do you have life insurance, and do you have enough? Do you have long-term care insurance? Do you have disability insurance and umbrella insurance If you have homeowners and auto? Do you have earthquake? Of course, if you live in California, definitely something to think about. Also, we will look at affording health care in retirement.
Another topic of concern would be, how to prepare for retirement income that can change over time and of course, many other topics of concern. I am able and happy to address. Two of the most common questions that I’m asked are, “Can I afford to retire comfortably when I want to? And if I can’t, what changes can I make between now and my intended, excuse me, retirement date in order to do so?” I’m happy to help facilitate peace of mind in that area of concern.
Another very common question I’m asked is, “Since I am already retired, how can I structure my assets to last as long as I want them to, perhaps the end of my life or beyond, if I have heirs or favorite charities, to which I would like to bequeath some assets?” I structure client portfolios in a conservative manner yet allowing for the growth opportunities in the markets. As a result, my clients have portfolios that withstood the recession of 2008 quite well, and their portfolios are withstanding the COVID market volatility also quite well.
I don’t trade frequently. My aim is to preserve client assets, capital preservation, preservation of wealth. It’s of the utmost priority for me that my clients have financial peace of mind, and it’s given me great pleasure to be able to help facilitate that since I opened my firm in 2007.
I love what I do. I love helping my clients. I love analyzing client financial situations to see where I can facilitate improvement. I am a fee only Certified Financial Planner. In other words, the only thing I sell is my advice. I don’t sell products of any kind. I accept no kickbacks or commissions for anything that I recommend to my clients. In fact, I’ve taken a fiduciary oath to advise and my client’s best interests. So, that’s what you’ll get from me.
Please reach out to me by commenting below if you’d like a video on a particular topic or if you have a question that I can help with. And thank you for stopping by, I do appreciate it and I am in your corner always. Thank you again.
Hi there and thank you for stopping by today. Welcome to part four of questions to ask a potential financial planner. My name is Tina Anders. I am the owner and founder and certified financial planner for Anders Wealth Management located in Petaluma, California serving Sonoma and Marin Counties in the greater area.
Here’s one question that you can ask a potential financial planner. “How do you minimize risk while maximizing returns and limiting taxes regarding limiting taxes?” You’re looking for somebody who’s going to talk to you a little bit about tax loss harvesting, which is another one of my videos. Tax loss harvesting is a way for you to minimize taxation on your portfolio. Go ahead and look at that video if you’d like to, I won’t go into detail here.
But also minimizing risk and maximizing returns. You want someone who’s going to provide you peace of mind, in your financial life. There’s got to be a way for that person to minimize your risk and maximize your returns. And it has to do with, again, I’m going to mention sales loads, expense ratios, mutual fund or exchange traded fund managers, things like that. You want someone who’s going to look into that, minimize your risk, but maximize your returns by choosing the appropriate investment portfolio allocations and targets for you.
Another question and this is really important. “How do you focus on capital preservation and income?” And another way of asking that question would be, how aggressive are you going to be with my portfolio? The answer you’re looking for is, yes, we focus on capital preservation and income because that is in your best interest over the long term. I focus on capital preservation income from my clients so that not only are they comfortable now, but what they’re doing now is going to have a significant, hopefully positive impact, on their future financial life. Capital preservation and income are very important, as are minimizing risk and maximizing returns as well as limiting taxes.
The last question that I’m going to leave you with today is that you would want to ask a potential financial advisor is, “do you take a conservative approach to investing”? Because… that’s important for me as a potential client, so that I can live comfortably now. But also if I want to leave a legacy in my future. The answer is obviously Yes you want someone who’s going to take a conservative approach to investing to provide you a comfortable lifestyle now, and if you want to leave a legacy for the future. And there are ways to do that, and if you’d like to know more, feel free to comment below. I would love to hear from you.
That is it for today. Thanks again for stopping by. I appreciate you listening in. Comment below with any questions, comments, or if you have any topics you would like me to discuss in the future, I will try to put a video out for you. Thanks again. I am in your corner.
This is part of a four part series. If you haven’t read or watch part one, click here first.
Hi there and thank you for stopping by today. Welcome to part two of questions to ask a potential financial planner.
My name is Tina Anders. I am the owner and founder and certified financial planner for Anders Wealth Management located in Petaluma, California serving Sonoma and Marin counties and the greater area.
Here’s one question that you can ask a potential financial planner, how will you get to know me in order to give me high quality understanding of my personal goals, and dreams, and hopes? And what you’re looking for here is we’re going to give you a data questionnaire, great. We all need a data questionnaire but what you’re listening for is, are you going to sit with me? Are you going to be a high-quality listener? Or are you just going to be in the back of your mind thinking about what questions to ask me next, without giving full empathy and curiosity to the financial situation? When I say financial situation, I mean things that apply to a financial situation now, but also a financial situation down the road.
As a certified financial planner, I’m looking at what impacts today’s living has on future living. And I’m also looking at what goals have an impact on today’s living. So, you want a full picture? You want good listening.
Another question to ask how will you provide a comprehensive and tailored solution to meet my needs, and help me achieve my goals? And the answer is experience. You’re looking for someone to tell you they’ve been in the industry for a while. They’ve seen a lot of different situations. They’ve dealt with an array of financial objectives and goals and data and scenarios. And they will help you by customizing a plan to you and you alone. Important.
Next question you might ask is, will you preserve my assets in a volatile slash down market? And the answer that you’re looking for of course, is yes! But how will you do it? One way that I use that has proven to be extremely successful, and I can speak to the success of this having gone through the 2008 Great Recession. And also here we are in COVID-19 of 2020. Clients are very happy because they have not had to adjust their lifestyles based on the markets because our build bond ladders. And a bond ladder is something I’d be happy to talk with you about at some point. A government guaranteed pension like bond ladder will give you the peace of mind that other ways of investing may not. And when it comes to preserving assets, you want that and you really want that when it comes to recessions and unfortunate COVID-19 type markets.
Another question you might ask, how will you provide me high quality, ongoing service throughout the year as questions I have, or needs arise? You are listening for someone who is on call, there for you, throughout the year at no additional charge. You want someone who’s got your information, got your plan, has you in mind, is able to field your questions. Have meetings anytime you need meetings, you want someone who’s there for you. That’s really important. It’s not a once or twice a year thing. But obviously they’re going to want to meet with you on an ongoing basis. But also, they need to be there for you when you have ongoing needs and questions.
Another question would be, how do you build relationships, relationships based on mutual respect? And do you enjoy working with your clients and your clients enjoy working with you? And the question, the answer, of course, is yes, we do build relationships based on mutual respect. And that is a back and forth mutual relationship that has built over time. Trust is a huge element when it comes to mutual respect, and especially working with a financial advisor. So that will come over time. But we, I do build relationships based on mutual respect. I have respect for my clients and their situations. They have respect for me and what I can bring to the table as well. I love working with my clients. My clients, I believe, enjoy working with me. We enjoy each other’s company. It’s a friendly and respectful atmosphere. I appreciate that very much.
Tune in to part three for questions to ask a potential financial planner. Thanks again for stopping by, I appreciate you listening in. Comment below with any questions, comments, or if you have any topics you would like me to discuss in the future, I will try to put a video out for you. Thanks again. I am in your corner.
