Financial Planning

A solid plan is the foundation on which achievement is grounded upon. When it comes to the financial success of you, your family, or your business, trust the experience and proven results of Kring Financial Management. At KFM, your financial planning goals become ours. Our success depends solely on what we can do to ensure yours.

With a personal approach that no large, faceless firm can duplicate, KFM’s professional team employs a three-stage planning process, developing custom solutions your unique financial situation and aiding you with its execution and maintenance if needed or desired. Your individualized financial plan may be tailored to focus on a specific goal, such as a retirement or divorce, or possess a broader scope—covering multiple aspects of your financial future. Regardless of our involvement-level, the Kring Financial team provides nothing less than peerless service and trustworthy, straightforward guidance.

Our services comprise both Initial Financial Planning and Ongoing Financial Planning.

I. Initial Financial Planning Services

Your financial plan may refer to such things as the holding, purchase, or sale of securities or other assets. It may also refer to your projected income, your projected cash flows, and your projected tax consequences. Further, your plan may address retirement and education planning, estate planning, and insurance planning needs. The services provided in these areas will be determined by your individual objectives.

Summary of Typical Services

• Introductory meeting
• Fact finding interview
• Financial planning review and suggested recommendations covering (but not limited to):
• Goal setting and goal funding
  • Cash flow
  • Investment allocation review (taxable accounts)
  • Investment allocation review (retirement accounts)
  • Investment recommendations
  • Retirement planning
  • Real Estate Planning
  • College education planning
  • Insurance planning
  • Estate planning
  • Tax and investment tax planning
  • Mortgage planning
  • Special situations and miscellaneous planning
• Final Interview to review recommendations and follow up
• Extended follow up, if necessary

II. Ongoing Financial Planning Services

Ongoing financial planning, goal tracking, and professional asset advisory services are important to the long-term success of your financial goals. Therefore, Ongoing Financial Planning services are offered and encouraged.

We feel that we cannot adequately help our clients reach their goals without at least one comprehensive annual meeting. This meeting, along with dedicated support throughout the year, should provide a sound platform for your financial future. Our basic service includes your annual review and unlimited phone or email consultations throughout the year with a CFP® professional.

We will review your goals and personal situation once per year, update your plan, and discuss changes with your personal situation, employment, benefits, retirement plans, financial goals, cash flow and family needs. We will check your progress toward your goals. We will be available for phone consultations as needed, and encourage you to call before making major financial decisions including investment decisions, home purchase, car purchase, financing decisions, budget, company benefit, retirement, and tax questions, and when changes occur in your personal situation or goals. This service is quoted as a flat fee and is reduced for assets under management at KFM.