Financial Planning Associates

Retirement Planning Firm in New Milford, CT

Firm Info
Address: 1 Huckleberry Hill Rd, Brookfield, CT 06804, USA
Website:
Phone: (203) 775-4600

Firm Size
Assets Under Management: $69.7 million
# of Advisors: 2
# of Clients: 67
Client to Advisor Ratio: 34:1
Average Account Size: $1 million
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Selection of Others Advisors

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Other

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Financial Planning Associates, LLC Overview

Financial Planning Associates, LLC is a fee-only registered investment advisory firm based in White Plains, NY. With over 7 years of experience, the firm has established itself as a trusted source of investment advice. The fact that the fee arrangement is fee-only means that they do not receive any commissions or kickbacks from investment products they recommend, which aligns the firm's interests with those of its clients. As an investment advisory firm, Financial Planning Associates, LLC only offers investment advice, including financial planning and portfolio management for individuals and small businesses. They help their clients navigate the complex world of investing by developing customized investment strategies that fit their unique needs, goals, and risk tolerance levels. The firm's selection of other advisors indicates that they value collaborations and networks, which may be beneficial to clients. Overall, Financial Planning Associates, LLC appears to be an experienced investment advisory firm that offers a comprehensive suite of investment advisory services.

FINANCIAL PLANNING ASSOCIATES, LLC offers financial planning services to a wide range of clients. The firm serves both individual investors and high net worth individuals who seek professional guidance in managing their assets and investments. Additionally, the firm caters to businesses and organizations that sponsor pension or profit sharing plans and require expert assistance in administering these plans. With a focus on building customized solutions, the firm strives to meet the unique needs of each client it serves. In terms of fee structures, FINANCIAL PLANNING ASSOCIATES, LLC offers a range of options to clients depending on the type of service provided. For clients who choose to have the firm manage their assets, the fee is typically a percentage of assets under management (AUM). Alternatively, clients can opt for an hourly fee structure if they need assistance with a specific financial issue or want to address a particular concern. The firm may also offer other types of fees for specialized services such as estate planning, tax planning, or insurance advice. These various fee models give clients the flexibility to choose the payment arrangement that best meets their needs and budget.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for Financial Planning Associates, LLC is $250,000 as stated in their Part 2 Brochure. However, there is a possibility that the investment minimum may be waived by the investment advisor if the client's needs and situation are deemed complex enough.

How This Office Can Help New Milford, CT Residents

Financial Planning Associates is a financial planning firm that assists clients in New Milford, CT in achieving their financial goals. The firm offers a range of services that cater to specific financial situations that someone living in New Milford, CT might be facing. For instance, residents of New Milford might be looking for help with retirement planning, investment management, tax planning, and estate planning. Financial Planning Associates provides comprehensive financial planning services which aim to make a positive impact on individuals' long-term financial well-being. Moreover, Financial Planning Associates understands that individuals living in New Milford can often face unique financial challenges such as high property taxes, healthcare costs, and estate tax concerns. The firm offers personalized advice to clients in the area to maximize their after-tax returns and minimize any financial stressors. Financial Planning Associates' team of experienced financial planners works closely with clients to gain insight into their specific financial situation and goals, designing tailored financial planning solutions to achieve financial success.

To view the Minimum Investment and Fee Schedule for Financial Planning Associates, LLC, visit their Part 2 Brochure.

Services Offered by Financial Planning Associates, LLC

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Financial Planning Associates, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Other
Unavailable
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Commissions
Performance-based Fees

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 1 Huckleberry Hill Rd, Brookfield, CT 06804, USA
Phone (203) 775-4600
Directions
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Other Office Locations

Firm Headquarters
Firm headquarters location 399 KNOLLWOOD ROAD, SUITE 113, WHITE PLAINS, NY 10603, United States

This firm has no other locations.

State Registrations

Financial Planning Associates, LLC is registered to service clients in the following states:

  • Connecticut
  • New Hampshire
  • New Jersey
  • New York
  • Texas

Disciplinary History

Financial Planning Associates, LLC does not have any disclosures. Please visit it's Form ADV for more details.