Prudent Money Solutions
Prudent Money Financial Services is dedicated to helping clients achieve their financial goals. We offer a variety of solutions, including personalized money management, financial planning, and much more. Our goal is to meet our clients where they are and develop a tailored plan to meet their desired objectives. Discover more about the solutions Prudent Money has to offer and get started on your journey towards financial security. The bottom line is – In all cases, there is never a fee for us to sit down over the phone or in person to see if Prudent Money is a fit for you. We can help you whatever the stage, whether you are beginning or in retirement.
Former Employer 401K
We have a solution to maximize the value of your old 401K investments. Bob understands the complexities of rolling over an old 401K and will work with you to create a plan that optimizes your returns. With Bob's guidance, you can make sure your old 401K (plus your new 401K) is making the most out of your money.
Bob offers Fee-Based Financial Planning services, providing personalized advice and guidance to help you make the right financial decisions. Bob can work with you on an hourly fee basis, where he will sit down with you and provide one-on-one investment advice planning. He can also help you plan for pre-retirement or retirement, ensuring that your finances are managed and secure.
Bob understands that planning for income in retirement is complex and requires a comprehensive approach. He looks at all sides to determine your individual needs and goals and then creates a plan to help you reach them. Bob provides a personalized service to ensure that you have the retirement income you need.
With access to today's best locked-in rates, you can rest assured that your investments are secure and your returns are guaranteed. Bob will work with you to evaluate your situation and determine if a guaranteed investment approach is the right fit for you. With competitive rates and guaranteed returns, you can have peace of mind knowing your investments are in good hands.
Bob's money management service utilizes a Plan A and Plan B investment portfolio to make the most out of any market environment. This investment approach seeks to maximize returns while mitigating risk so that you can achieve your financial goals. Bob's strategies have been designed to help you stay on the path to financial success.
Bob is committed to providing lifelong learning to his clients. He strives to ensure that his clients are able to make informed financial decisions that will benefit them in the long run. Bob provides educational resources to help his clients gain a better understanding of the financial world to make sound financial decisions -
What is the process for becoming a client?
Schedule a no cost no obligation initial phone consultation with Bob by clicking here.
When you meet with Bob, you will discuss your goals and review your financials to design a plan for you to consider.
We will take care of it all for you! When you move forward with the plan, we will set up any necessary accounts.
How does the Process work?I think that everyone needs a Financial Advisor in their life. OK – bias alert! I admit I am biased. I also know that not every Financial Advisor is a fit for everyone they meet. The process starts with a phone call. The objective of that call is to determine if I can even be of help to you. In most cases, I can refer you to someone if I am not a fit. For example, if you needed a will, I can refer you to someone I trust since I am not an attorney. The bottom line is that It is important to get you the help you need whether it is reaching a goal or solving a problem. In most cases, I can help you. At that point, we determine the next steps and go through the process. You determine the pace of the process. We can utilize phone conferences, in person meetings, or zoom calls during the process.
How do you feel about risk?Most people associate risk only with investments. Yet, risk plays a part in so many areas of your financial life. We assess risk and make sure that you have a comfort level with the level of risk that you are taking whether it be high risk or low risk. It is important to get that risk level right. Risk management is at the heart of the stewardship of any financial life.
What are your fees and how do they work?Of course, it depends on my role as your Financial Advisor. It might be on an hourly rate, a one time fee per project, or an on-going investment management fee that is deducted from your new investment account. For example, if you need quick advice that can be accomplished by a phone call or email, there isn’t a charge. Keep in mind, you can always ask a question! Don't hesitate to use this resource for advice by phone or email at no charge. Further, there is never a fee when it comes to providing suggestions on how to improve what you're doing or to fix what is not working. These free resources are made available to your by the Prudent Money Foundation. For more in-depth advice, I charge a hourly rate. For comprehensive financial planning I will quote a one -time fee. Investment management of your retirement money is an ongoing management fee that is paid for out of the retirement account on a quarterly basis.
What are your minimums? Do I have enough for you to manage?This is a problem. The financial service industry is making it tougher and tougher to work with a financial advisor. They are continually raising the minimum amount needed to invest with them forcing the average person to work with an online Robo-advisor or have no access at all. I do things differently. 30 years ago, I became a Financial Advisor to help people not exclude them. Of course, it depends on the investment need. There is a program available for everyone. All designed to help you reach your financial goals. These investment options are based on the stewardship principles Bob talks about on his radio show.
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