Frequently Asked Questions

1.   What is meant by fee-only financial planning?

2.   What are some financial issues that you address?

3.   Do you only provide a comprehensive plan or will you simply discuss one financial topic?

4.   What will be involved in preparing a financial plan?

5.   What is the cost of your financial planning service?

6.   Do you sell investment products?

7.   How do I get started?

1. What is meant by fee-only planning?

As a fee-only financial planner, we do not sell investment products; therefore, we do not receive commissions from the sale of investment products.  As a fee-only financial planning service, conflicts of interest resulting from the sale of financial products are removed.  We represent you and you alone.    Back to top

2. What are some financial issues that you address?

At Family First Financial Planning, we work with clients on a variety of needs.  A list of the some of the financial topics explored at Family First is as follows:

• Investments
• Budgeting
• Debt consolidation/ New loans
• Credit improvement
• College funding
• Retirement planning
• Insurance needs – health, life, disability, long-term care
• Need for wills, trusts, power of attorneys
• Taxes
• Emergency fund planning    Back to top

3. Do you only provide a comprehensive plan or could you simply address one financial topic?

We work with clients on their specific areas of financial concern. Therefore, if you just need help in one area, such as retirement planning, college funding, or investments, we can work on that one need.  Some clients may have several pressing needs and we can discuss all the needs in one engagement, or break it up into several engagements over the year.  However, in order to serve you best, we will need to obtain information on your total financial picture.    Back to top

4. What will be involved in preparing a financial plan?

The first step is to compile a complete financial statement and set goals.  Through questionnaires, copies of statements, and interviews, we will prepare a statement of net worth.  We will also help you prioritize and set financial goals for you and your family. 

Your financial situation has many aspects (assets, income, insurance, taxes, business interests, wills, etc.) which will benefit from the careful scrutiny of a trained professional, who will analyze them in light of your goals and the current legal, tax, and economic environment.

Through this process, we will identify weaknesses and recommend improvements to help you get the most use out of every dollar.

Finally, we will help you coordinate the implementation of your plan, if desired and included in the engagement.    Back to top

5. What is the cost of your financial planning service?

The hourly rate is $200. Some clients may only need an hour or two to get their questions answered or pointed in the right direction. Others may need a complete retirement analysis, which may take 5-10 hours. An estimate of the cost will be provided to you up front. Please refer to our Fee Schedule.    Back to top

6. Do you sell investment products?

We do not sell any investment products. We can work with your existing investments or advisor, or we can recommend investments that you can purchase directly at a bank, insurance company, online broker or mutual fund company.    Back to top

7. How do I get started?

Call us at 772.781.7648 or email us a info@familyfirstfp.com and schedule a time for your complimentary, no obligation “Get Acquainted” meeting.  We look forward to helping you guide your family to new financial heights. For your convenience, we have added major credit cards as an additional method of payment for our services.   Back to top