Free Financial Planning Consultation
Many of our clients do have the knowledge and a firm idea of what they would like to do – they just don’t have the time. Others have limited financial knowledge. We understand that managing your finances is not an easy task, and we want to make the process as easy and stress free as possible.
It all starts with a phone call
Before we meet in person with clients, we like to schedule a ‘get to know you’ phone consultation first. In this call, we learn a little about you, your situation and why you are looking for a financial planner. This allows us to see if there is a fit between what you are looking for and the services we offer. If there is a match, we’ll talk briefly about our services, our process and our fees. From this conversation, you can decide if you’d like to move forward and set up an initial consultation.
Complimentary Initial Consultation
Because this is such an important decision for your life, we want you to feel completely comfortable with us. So, we invite you to have a free initial consultation to determine whether our firm is the right fit for you. In this initial consultation (about an hour), we discuss your financial situation, goals, issues and concerns. In this meeting we mutually determine the scope of your project. Once an agreement is signed, we’ll gather additional information via phone conversations, e-mail and mail while working on the formation of your plan. We schedule additional in person meetings as necessary.
* Clients wishing to engage our services on an hourly basis do not receive an initial complimentary consultation as the focus of the meeting is to provide specific investment and financial planning advice.
Mailing Address: P.O. Box 6487 Albany, California 94706
Sometimes all you need is a little good advice. That’s ok! We provide advice on an hourly basis with no long term commitment or contracts required. We don’t have a hidden agenda or any products to sell. Just professional advice and specific recommendations based on your specific financial situation.
Think of Hourly Fee Advice as buying time with your favorite financial radio talk show host. Even better – because unlike any talk show or financial blog, we can spend the time necessary to truly understand your situation, your goals, and your unique needs. No time limits!
Our time together is yours. You set the agenda. We will take the time to fully understand your situation and concerns. We then provide you with our very best advice based solely on what we think is best for you. You don’t need to give us your money to manage. You don’t need to buy any investment products.
Clients take advantage of our hourly fee advice only services for help in a variety of areas, some of which include:
We can provide advice on various securities including mutual funds, stocks, stock options, bonds, bank deposits and exchange traded funds.
We also provide advice on mortgages, budgeting and cash flow issues, 401(k), 403(b), 457 and other retirement programs, life, long term care and disability insurance.
Once the initial engagement has ended, it’s totally up to you to contact us again as the need arises. We do like to think of ourselves as your financial planner and provide ongoing assistance as you need it. Just as someone thinks of an accountant as their ongoing tax provider and has regular check-ins to maintain their tax situation, good fiscal health requires periodic reviews of your personal finances by a qualified financial planner.
Because financial planning is a process, not an event, we offer ongoing services, periodic reviews, and day-to-day consultation as requested and/or needed if you so desire.
A Comprehensive Financial Plan usually includes the elements listed below. We can work with you on these services as stand-alone projects as well depending on your specific needs. Some clients do not need assistance in every area or they may choose to focus on a few specific areas of current concern.
It all begins with a phone call. We set up a brief introductory call so we can ‘meet’ and discuss your specific situation and needs. If all sounds good, we move forward to an in person meeting – either a paid hourly meeting or an initial consultation for financial project clients.
All clients will be asked to complete and send in an asset questionnaire prior to our meeting so we have time to review your situation.
For hourly clients, we set up a one time, 2 hour meeting where we address your specific questions/issues. This is best suited for clients who ‘just need an answer’ or have a specific financial issue facing them that they would like addressed. They don’t need a full project, they just need help with something specific, such as allocating their 401k or crunching numbers on a new home purchase. We don’t schedule a complimentary meeting for hourly clients as our meeting is focused on getting them specific advice (not gathering information to create a proposal).
For project clients, we set up a complimentary one hour meeting where we discuss your financial situation and talk in depth about your goals, concerns and issues. The result of this meeting is a proposal for financial planning services based on your specific situation and needs.
If you move forward with a financial planning project, we will gather information/data from you in order to start building your plan. The planning process takes about 4-6 weeks with the end result being a financial planning presentation meeting where we go through all the analysis, recommendations and action items in detail. From that meeting, we work with you to put your plan into action.
After all action items are put into action, we continue to work with you over time to monitor, fine tune and maintain your plan. All future engagements will be billed hourly, as needed.
Is a Financial Planner Worth the Expense?
We charge for our services just as attorneys, doctors or any other professionals do. You should think of financial planning as an investment rather than an expense. A good financial planner should save and earn you far more money than what you pay the planner in fees. This investment may be accomplished by improving cash flow through better budgeting, reducing your tax liabilities, boosting investment returns, or even preventing a costly financial catastrophe through the application of insurance or navigating tax pitfalls. There are also the intangible benefits such as peace of mind, time saved and a better focus on one’s financial life.
We are completely independent and objective when providing financial advice to clients. We do not earn investment commissions on the sale of investment products. Financial analysis and professional advice are what we ‘sell’ – our goal is to help you achieve your goals. *
We utilize a fee-based approach to financial planning and hourly advice. Whether it’s a one-time financial planning project or an on-going financial planning relationship, we’re paid on a fee basis, rather than on commissions. We work on an hourly or project-basis, depending on your needs.
Financial planning services are billed on a project basis and fees are determined based on the complexity of your situation and the work you are looking to have done.
Unlike many financial advisors, you do not need a particular net worth or minimum amount of investable assets to work with us.
Complimentary Initial Consultation
Entering into a financial planning arrangement is a very important decision and we want you to feel completely comfortable with us. After an initial phone meeting, we encourage clients to schedule a free one hour initial consultation to determine whether our firm is really the right fit for you and your needs. *Clients wishing to engage our services on an hourly basis do not receive an initial complimentary consultation as the focus of the meeting is to provide specific investment and financial planning advice.
For hourly clients, our fees are based on the actual time involved in meeting with you in person or over the phone, researching and analyzing your current situation, and providing specific recommendations and implementation assistance (if appropriate) at a rate of $300 per hour. For hourly clients, all of our time spent is billable time as we are actively working on your project.
Personal Financial Planning
Personal financial planning fees will vary from client to client based on the specific needs and complexity of your situation. Comprehensive plans addressing all aspects of your financial situation typically involve 10-25 hours of work and meeting time. Our minimum project plan is 10 hours or $3,000.
We provide a proposal for your planning project after our initial consultation, when your personal needs are fully identified. Fees will not exceed the proposal and do not change once agreed upon. Once your financial plan is complete most clients prefer to reduce costs by following our detailed implementation instructions to follow through with our recommendations. If help with implementation is desired we can certainly assist. However, implementation assistance is not included in our fee estimates, but is charged separately at our hourly rates.
Personal financial plans for new clients are billed on a project basis. Average fees range from $3,000 to $10,000, depending upon the complexity of your situation.
*Julie Asti is a licensed Life and Health Insurance Agent with the State of California (license #OE67228). She may receive commissions from insurance-related products that she recommends to clients. Clients are under no obligation to purchase any insurance products and may choose to implement insurance product recommendations with another agent of their choice.
Asti Financial Management works with all investors providing quality financial and investment advice – from those just starting out to do-it-yourselfers to those investors with significant assets in their portfolios.
We realize that each individual’s financial situation is unique. While someone just starting out may need a detailed, long-term plan of action, another investor, who is already on the road to achieving their goals, may need a new strategy, professional insight, fine-tuning or a second opinion of an existing plan. We custom tailor our services to meet each individual’s needs.
Individual financial goals can be short-, intermediate-, or long-term. Reducing current income tax liabilities, for example, is a short-term goal, while funding a child’s education an intermediate one, and enjoying a secure financial retirement a long-term goal.
We approach financial planning with our clients as a long-term relationship. It begins with our getting to know each other in order to make sure there is a ‘fit’. In order for any financial planning to be successful, there has to be a synergy and trust. We understand that a person’s finances are one of the most personal aspects of their lives and needs to be treated as such.
The first step in our financial planning process is to get to know you – to truly understand not only your personal financial style, but also your goals and dreams. We then develop a solid plan with action steps tailored to your unique financial situation. We believe that it is important to present all relevant financial alternatives in order to develop a plan that will achieve your goals and be consistent with your personal financial philosophy. Our goal is to help you arrange your financial affairs in the most efficient and effective way and, most importantly, provide you with peace of mind.
1061 Eastshore Highway
Suite 211 Albany,
Providing Financial Planning, Investment Advice, Investment Management and Wealth Consulting to the San Francisco Bay Area
Hourly Financial and Investment Advice
East Bay – Berkeley, Oakland, El Cerrito, Emeryville, Richmond and Alameda
South Bay – San Jose, Milpitas, Palo Alto, San Mateo and Silicon Valley
North Bay – Marin, San Rafael, Novato, Petaluma, Santa Rosa and Sonoma County