OUR SERVICES

Comprehensive Financial Planning offers financial planning and investment management services.   Financial planning is offered on an hourly rate or by the project with the fee fixed up front.  Investment management services are offered with a fee charged as a percent of the assets under management.

Financial Planning

Retirement Planning
Based on the client's goals and needs, we help clients determine if current savings will be adequate to fund their retirement. If funds are not adequate, we develop a savings plan to help achieve their goals. If already in retirement, we develop a plan for management and withdraw of funds to provide for your income needs and minimize taxes.

Portfolio Review
Our portfolio review analyzes a client's current investments to ensure they are appropriate for the client's financial condition, risk tolerance and goals. Asset allocation changes are recommended along with specific investments to fund the allocations.

Tax Planning
We assist the client, working with their tax accountant, in developing strategies to reduce their income, gift and estate taxes. We also reduce the burden of tax preparation by providing detailed realized gain and loss information to you tax preparer.

Insurance
Although we do not sell insurance, we can review your current coverage and identify any gaps or overlaps is your coverage. We can also present ideas for reducing your premium costs. We evaluate life, property and casualty, disability and long-term care insurance.

Estate Planning
Wills and trusts are valuable tools to preserve and protect your wealth, provide for your dependents and reduce estate taxes. We can recommend various strategies to help you accomplish your goals. We can review your current wills, trusts, power of attorneys and other legal documents and work with your attorney (or recommend one) to develop your plan. 

Other Specific Goals
Often clients have a specific problem or need they would like to discuss. Whatever your goals, we can develop a plan for you specific needs. These might include:

• Savings plans for college. Click links to estimate the cost and find out how much you could save to send your kids or grandkids.  College Planning Service  
• Quit your job to start a new career or start a family
• Manage an inheritance
• Start a business
• Buy or refinance a home
• Invest in real estate

Investment Management                                              See our Presentation

Portfolios fall all over the risk/reward spectrum.  We'll work with you to find the right mix of risk and reward.  We measure your portfolio's performance and compare it to a benchmark consisting of several indexes. We combine the performance of all your accounts into one comprehensive statement. 

Your portfolio is managed by Comprehensive Financial Planning having discretionary authority over the portfolio in an "advisory account".  To understand the difference between an "advisory account" and a "brokerage account" see the following link:  Consumer Tips from the FPA. 

To establish the requirements of your portfolio, we work with our clients to produce an Investment Policy Statement (IPS) that establishes the following:

•  Target returns expressed in percent or relative to a given index

•  Risk tolerance and expected portfolio volatility

•  Liquidity requirements (cash for emergency fund or specific need)

•  Time horizon (short, intermediate or long-term)

•  Laws and regulations (mostly just for retirement plans)

•  Tax considerations (income, capital gains, estate )

•  Asset Allocation that specifies weightings of major asset classes

•  Unique client preferences and circumstances

All assets are held in the client's name with a custodian in one or more accounts. Comprehensive Financial Planning has no custody of client's assets, only authority to make trades in your accounts. Our service has many benefits for you including:

•  Continuous professional management of your investments with at least annual reviews of our Investment Policy Statement.

•  Use of no-load institutional class mutual funds with lower costs and funds that waive loads for advisory accounts. Also access to mutual funds that are otherwise closed to new investors.

•  Consolidation of your accounts to a single low cost broker with low brokerage fees. 

•  Consolidated quarterly portfolio performance report that shows your investment returns and compares them to appropriate blended benchmarks. We have quarterly meetings in person or over the phone to discuss your portfolio.

Small Business Retirement Plans   For details click on this link:  Company Retirement Plans

We also assist businesses in installing and managing retirement plans for their company.  We use a broker/custodian that has over 1,300 retirement plans under management.   We can also "takeover" an existing plan with no up-front cost.  Plans offered include 401(k), 403(b), SIMPLE, SEP, defined benefit pension plans and others.  Our plan portfolios have a proven track record of superior performance. 

1075 Main Ave. Suite 216, Durango, Colorado 81301 :: 970.385.5227 :: Toll Free: 877.901.5227 :: stan@compfinancial.com