I have heard of "Fee-Based" and "Fee-Only" advisors and it is confusing. What is the difference?

Fee-based advisors can charge commissions in addition to fees, which means that there may be potential conflicts of interest. Fee-only advisors cannot charge their clients commissions, and they do not receive fees or commissions from third parties, such as mutual funds. This is very common with fee-based advisors. Foothills Financial Planning believes that the fee-only approach most closely aligns the interests of the financial planner with the interest of the customer. back to top

I don't live in the Phoenix area. Can I still work with you?

Absolutely! We routinely make use of tools from email to easy-to-use web-based software such as Dimdim and Webex to work with remote clients. There is no additional cost, and it doesn't require lengthy installation of software. We provide instruction, as necessary. back to top

How can I get started?

The first step is an initial inquiry from you. Call us at (480) 445-9072 or send us a note. We offer a no-cost, no-obligation Get Acquainted Meeting, either on the phone or by meeting with you in person. Most clients find the financial planning process to be stimulating and enlightening. The end result, of course, is greater peace of mind. We look forward to working with you. back to top

I have already accumulated substantial assets and think I am doing quite well. But as I progress and build for the future, things seem to be getting more complicated. I want to be sure I am on track, but I do not always have the time or inclination to manage the myriad details by myself. Can you help me?

Yes. People who need more sophisticated financial planning or advice will find our services appealing and beneficial. If you have a desire to simplify your financial affairs, we can meet with you as often as you like. For example, we can set up a monthly meeting to review your finances if you require it. If you are looking for a professional review or a second opinion to ensure you are on track, we can provide that also. back to top

Once my financial plan or project is finished, will our relationship end?

No, only that particular engagement will end. Just as you have regular dental checkups to maintain good dental health, good fiscal health requires periodic reviews of your personal finances by a qualified financial advisor. Because financial planning is a process, not an event, Foothills Financial Planning offers ongoing services, periodic reviews, and day-to-day consultation as requested and/or needed if you so desire. back to top

What types of securities do you provide advice for?

We provide advice for all types of securities, including mutual funds, stocks (as they relate to your portfolio holdings), bonds, bank deposits, variable and fixed annuities, limited partnerships and tax shelters. We also provide advice on mortgages, budgeting and cash flow issues, 401(k), 403(b) and other retirement programs, stock options, life and disability insurance, etc. If it has to do with money and finances, we can provide counseling, guidance and/or resources for you. Because we want our clients to know that they can call on us with any and all of their financial concerns, we have developed the slogan ''Financial Planning and Advice for Everyday Life.'' Clients are encouraged to call us when they have a major life event, such as a new job, a baby, a marriage or divorce, or if they are planning to buy a new home or start their own business. We also encourage our clients to call us with more common everyday questions, such as: ''How should I invest within my 401(k) or 403(b) plan?'', ''How can I reduce my taxes?'', ''What advice can you offer on refinancing my home?'', or ''How can I maximize my Flex Spending Account, Cafeteria Plan or Section 125 Plan at work?'' back to top

If You Don’t Sell Products, How Will I Get What I Need?

While Foothills Financial Planning does not "sell" products, we provide specific recommendations, as appropriate. Wherever possible, cost-effective "no-load" vehicles are utilized, and can be obtained directly from the provider or a discount brokerage. We can help you with that process to whatever degree you desire. back to top

Who can benefit most from your services?

Any individual seeking financial peace of mind can benefit from our services. We serve people at all income levels, from all walks of life. Clients have the flexibility to work with us on either a one-time, as-needed basis or an ongoing basis. We welcome clients who simply need a one-time financial consultation or a second opinion, as well as those who need coordinated financial planning. back to top