Wondering What It Means To Be A Planning First Firm?
We know that as a high earning mid-career professional with a lot going on, financial planning can feel overwhelming, taxing and downright difficult to think about! We are here to change that...and that starts by understanding EXACTLY what you can expect from day 1 of working together.
We believe that designing an objective, advice-driven financial plan based on your questions, priorities & future goals is the ONLY way to begin a true-fiduciary relationship.
That’s why we use a planning first approach and have developed our Financial Life Plan® to help you determine where you are now, where you want to be and how to get there. Once you've completed your FLP® you are under no obligation to work with our firm (though we think you'll want to!)
This initial planning process, which takes 8-12 weeks, provides you with a comprehensive look at your current financial health & will provide you with a forward looking financial roadmap and an actionable plan to get there.
Here are the core planning areas that make up our Financial Life Plan®
Cash Flow Analysis
- Budget Breakdown
- Current Saving Projections
- Implementable Saving Strategies
- Adopting a Flow-Based Cash Management System
Tax Management Planning
- Tax Return Review
- Roth Account Optimization
- Tax Bucket Analysis
- Understanding your future tax liability
Insurance & Estate Planning Analysis
- Life Insurance Audit/Needs Analysis
- Disability Audit/ Needs Analysis
- Long Term Care Risk Mitigation
- Implementable Insurance Planning Strategies
- Estate Planning Review
Investment Portfolio Review & Analysis
- Volatility Tolerance
- Investment Audit
- 401(k) and Retirement Plan Allocation Analysis
- Implementable Investment Strategies
Retirement Readiness Road map
- Personalized, Customized Bucket Plan
- Personal Client Web Portal
- The Family Estate Vault
- Annual Update to Financial Modeling Report
What Is Our Service Model?
Brutal Honesty & Radical Transparency is our tagline (c’mon, it’s on the first page).
We want our fees to be clear to you right away.
We charge a one-time flat fee to complete your Financial Life Plan®.
The fee is dependent on your Household Income as outlined below.
Household Income: |
Planning Fee: |
<$250,000 |
$4,000 |
$250,000 - $500,000 |
$5,000 |
$500,000 - $750,000 |
$6,000 |
$750,000 - $1,000,000 |
$7,000 |
$1,000,000 - $2,000,000 |
$8,000 |
$2,000,000+ |
Discussed together |
What is considered Household Income?
- Salary
- Bonus
- Commission
- Restricted Stock Units
A breakdown of how we get paid if you choose to hire us as your investment advisor at the plan’s conclusion can be found here.
See what our clients are saying...
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Read all of our reviews: |
Read reviews |
*Please note, the date displayed on each review corresponds to the date we uploaded it to our website, and we cannot modify the date shown on the original Google review itself. Some reviews featured on our website may have been submitted while Drucker Wealth was affiliated with a Broker-Dealer.
Why are we a "Planning First" firm?
Generally I won’t suggest investment options without performing a financial analysis. I mean, I’m just not good enough to provide credible advice without seeing the entire financial picture and understanding the overlapping and sometimes competing client goals. So I educate first, then I plan, and then if we come to an agreement, I will advise and provide investment services.
-Lance Drucker, CLU ChFC
Ready to take the first step toward planning for your financial future?
Schedule a "Right Fit" Call
Learn more about the Drucker Wealth Financial Life Plan®:
