Garrett Planning Network & Hourly Fee-Only Planning Recognized by President Obama

Dear Clients,

This year will mark my 3rd Anniversary as a member of the Garrett Planning Network.  The shared philosophy of all members of the Network spearheaded by Sheryl Garrett, the founder, is that financial advice is best made available on a fee-only hourly basis by advisors willing to take on a fiduciary duty to their clients.  This idea was unique and controversial 15 years ago, but I’m excited to say it has become recognized as important to the financial health of our country even if it remains unloved by the giant financial services companies.

On February 23rd, while speaking at the AARP Headquarters, President Obama both recognized Sheryl Garrett for her work and quoted her.  I wanted to share this short clip with you.

I appreciate the opportunity to serve you and look forward to the work we will continue to do together.  Collaborating with my colleagues in the Garrett Planning Network will help me continue to do the best helping you.



What Do You Value?

What do you value?  What does your spouse value?  When is the last time you really thought about this, if ever, and created a plan to make it happen?  Most of the pre-retiree clients I meet with have goals other than purchasing material things.  Spending more time with family, cutting back on work hours, traveling, watching the grandkids grow up and giving back to community or spiritually are the answers I hear.  Values are not centered around material things, they are centered around what makes you tick.  Some of the values involve a plan for your finances and some can be done TODAY!  That’s right, TODAY, without a lot of financial and logistical planning.  The White Coat Investor takes a look at these questions and answers here.  Are you ready to create and take action on your value plan?  Talk to your spouse to help create the value plan and  contact us to help with the value-based financial piece.  The White Coat Investor brings up a great point – financial planning is more than finding your “number” for retirement.  It’s about getting to know you and your goals and then designing a plan centered around those goals.  That’s our philosophy at Direction Financial Management, LLC.

Middle Class Struggles to get Good Financial Advice

Financial advisors work under so many different business models. Many models are geared for those with $1 million or more in assets to manage. What happens if you don’t have $1 million to manage? There are choices as points out in this article:

Do you want to know more about how Direction Financial Management works with middle class clients? Our business model is designed around your specific needs. Call us at 414.333.3396 or Contact Us to learn more.