Financial Planning

Financial planners can be classified into three major categories: “Fee-for-service-only” planners who create a plan on a fee-for-service basis and sell no financial products; “product-only” planners who sell products and charge no fees; and those who do both. The “fee-for-service-only” planners, while assisting in plan design, seldom get involved with the actual implementation of your plan. The “product-only” planners frequently tailor a client’s plans to their products. We offer the best of both worlds – fee for service planning through Consolidated Portfolio Review Corp. and plan implementation through Vanderbilt Financial Group, LLC.

Clients gather financial documents and information in preparation for a meeting with the planner. Examples of the data that are usually assembled include financial information, employee benefit plans, most recent tax returns, wills, trusts, and insurance policies. Clients receive a complete report of their financial plan, as well as a review service that can be as frequent as every 6 months, or as seldom as every two years, depending upon circumstances. Services offered in a comprehensive financial plan include:

• Cash Flow Analysis
• Income Tax Planning
• Personal Financial Statement
• Asset and Liability Analysis
• Investment Portfolio Analysis
• Business Evaluation
• Insurance Review
• Estate Analysis
• Charitable Estate Planning
• Educational Funding Analysis
• Retirement Income Planning
• Family Wealth Counseling