Our focus is on holistic financial life planning and sustainable wealth management, which includes investment management, but much more. We get to know our clients first – who they are, their dreams for the future, what may be holding them back, and how they measure and reach for meaning in their lives. Within this lens, we answer our clients’ questions, ask some they may not have considered, and help them integrate their money lives into the bigger picture. We work with individuals and families, as well as with nonprofit organizations looking for ESG options for their investments.
Detailed services and fees are listed below.
When Can I Retire?
Whether you call it by the traditional term “retirement,” “your 2.5 or encore life,” or – as they joyously say in Spain – “jubilación,” most of us foresee a day in our future when we will want to or will need to stop working in our primary profession. What that next stage will look like differs for everyone, but our job is to help you get there, whatever your primary concerns. Read more.
Saving for Education, a House, Travel
Whether it’s a new house, a long-desired trip, college tuition, or some other major goal, Chicory Wealth can help you envision that goal as part of the larger landscape of your life. Part of the holistic financial life planning process is helping you focus in on your goals and why they are important, then developing strategies for reaching them. Read more
What is holistic financial life planning?
Money is an integral part of our society; we need a certain amount of it for survival. But beyond that it’s sometimes hard to know how much is “enough,” and it can be hard to keep money in its proper perspective in our lives. At Chicory Wealth, we offer holistic financial life planning to help you integrate money into the total tapestry of your life and your community. Read more.
Financial Planning for Millennials and other Younger Clients
The answer to when to start financial life planning is, of course, that it’s never too early. But different stages of life call for different types and levels of service. Those early in a profession may be new to the financial decisions that come along with it and need a guide through the maze. And people who start out earlier rather than later will be better prepared for what comes along down the road. Chicory Wealth has services for millennials all the way through every stage of life – that’s why it’s called financial life planning. Read More
Socially Responsible Investing
SRI, or Socially Responsible Investing is an investment strategy that seeks to consider both the financial return and the social good for change the investment will support. Read more.
Environmental Social Governance
ESG (Environmental, Social, Governance) has sparked a lot of interest with investors and financial markets in the past year or two, though it has been around since at least 2006 with the publication of “Who Cares Wins” by the International Finance Corporation. Ten years ago, even the most socially conscious values investors hesitated to jump on the ESG bandwagon, but times have changed. But what exactly is ESG investing, and why the new enthusiasm? Read more.
If you own stocks in a corporation, you can influence the management of the corporation in such areas as the environment, human rights, and democratic principles by voting for or against shareholder resolutions. Read More.
Fee Only Financial Planner
What is a fee only financial planner? Or a fiduciary registered investment advisor? And for that matter, what is the difference between a financial advisor, a financial planner, financial planning and financial wealth management? It’s no wonder people get confused about these terms – there are many, and they’re sometimes used interchangeably. But there are differences between the terms, and we want you to understand them and be clear how Chicory Wealth uses them. Read More
Tax Preparation Services
We are happy to be our clients’ “one-stop shop” for all financial matters, which includes tax preparation services. With the addition to our team of tax specialist Jeff Audi in early 2020, we were able to provide tax services to all our clients who want it. Fees for these services depend on the type and complexity of the returns being filed. Clients whose assets we manage find this especially helpful because we already have access to many of their tax-related documents through our online portal. If you’re a client and would like more information about these services, contact Jeff Audi.
We understand that life throws curve balls and that uncertainty and change are part of the human experience. Because of this, we focus first on your most cherished dreams and values in order to develop an initial holistic Financial Life Plan. Then, we provide you with the necessary ongoing support to implement that plan and adapt it over time. Our process is agile, responsive, continuous, and most importantly, heart-centered.
The base price for the initial four-stage Financial Life Planning process is $3500. The cost of ongoing support and implementation is dependent on your situation and complexity and is determined after the initial planning stages are complete. This support includes (but is not limited to) asset management, detailed cash flow planning and coaching, charitable gift planning and implementation, coordination and planning with other outside advisors such as estate planners and insurance professionals, and detailed tax analysis. Tax preparation is also available upon request.
WHAT TO EXPECT FROM A RELATIONSHIP WITH US
We begin by gathering information from you and learning about each other. We discuss the past, the present, and the future, determine goals and priorities, and clarify resources – both quantifiable and those that are more intangible. Next, we develop the initial Financial Life Plan tailored to you and make recommendations with specific suggestions as to how best to bring these recommendations to your life.
After this initial life planning process, we move into the implementation phase and work with you to accomplish the specifics of your plan, based on your priorities. In addition to regularly scheduled sessions, we are always available to hold impromptu conversations as questions, concerns, or changes arise. We are available to interact with you face-to-face, virtually through video conferencing, via phone, or by email – whichever best fits your situation.