CBFP - Financial Planning for Working Families <link rel="stylesheet" type="text/css" href="style.css" /> </head> <body> <div id="header"> <h1><a href="index.html"><img src="images/logo.png" border="0" width="375" height="88"></a></h1> <p class="description"> <i>The power of financial planning... for <span style="text-decoration: underline;">everyone</span></i>.</p> </div> <div id="sidebar"> </div> <div id="content"> <div class="entry"> <div class="entrybody"> <h2>Financial Planning for Working Families</h2> </div> <div class="entryfoot"> <p/> </div> </div> <div class="entry"> <div class="entrybody"> Our financial planning services are: <ul> <li>Focused on the needs and goals of each individual client.</li> <li>Practical and action-oriented.</li> <li>Positive and non-judgmental.</li> <li>Documented for each client with a written Action Plan including detailed financial success scenarios.</li> </ul> We do not: <ul> <li>Sell any financial products.</li> <li>Compete with existing vendors of retirement plans or other benefits.</li> </ul> </div> <div class="entryfoot"> <p/> </div> </div> <div class="entry"> <div class="entrybody"> An example: <p/> Valley Opportunity Council, Inc. The problem. The Valley Opportunity Council in Holyoke, Massachusetts noticed that many of its employees were either not participating in its 403(b) Retirement Plan, or had borrowed the maximum against it. Their Plan vendor, an insurance company, offered retirement planning seminars and consultations, but agreed with HR that more was needed. Employees faced so many financial challenges they seemed unable to take full advantage of benefits offered. Stress about money was running high, threatening job performance and employee retention. <p/> Getting help. When VOC first went looking for help, they ran into the hard realities of the financial services marketplace. Firms had to be rejected because: <ul> <li>They wanted to sell their own benefit products.</li> <li>They had no expertise doing practical planning for less wealthy clients.</li> <li>Their fees were too high for VOC’s budget.</li> </ul> VOC heard about Community Based Financial Planners from a sister agency in Holyoke. After discussing their needs with Tim Clegg, CFP®, Senior Planner at CBFP, they contracted for 1-on-1 financial planning services for up to 25 employees at an average cost of $400 per employee. The first goal was to reach those in greatest distress, which included some younger employees and many older ones nearing retirement age. <p/> <i>One client story.</i> "Sometimes, it all seems so complicated, I just get paralyzed. And then it gets worse." <a href="oneclient.html">See full story and sample.</a> <p/> <i>Results.</i> After several employees took advantage of the financial planning benefit, they spread the word that the CBFP planner was "really helpful, even for someone who thinks they’re beyond help." More and more employees, young, old, and in-between, are participating. And management reports increased participation in benefit programs. </div> <div class="entryfoot"> <p/> </div> </div> </div> <div id="footer">Community Based Financial Planners, Tim Clegg, CFP® 239 Forest Street, Medford, MA 02155 tel: (413) 687-7250 email <script type="text/javascript"> /* <![CDATA[ */ function hivelogic_enkoder(){var kode= "kode=\"oked\\\"==xdeko)}(cdeCoarChomfrg.intr=Sx+8;12+=)c<0(cif3;)-(iAtdeCo"+ "arche.od=k{c+)i+h;gten.ldekoi<0;i=r(fo';=';x\\\"\\\\@{ghnr00\\\\0,\\\\+fgh"+ "FrduFkrpiuj1lqwu@V{.;>45.@,f?3+fli6>,0+lDwghFrdufkh1rg@n~f.,l.k>jwhq1oghnr"+ "l?3>l@u+ir*>@*>{A%-/@-7/n3mzkt4rjkquz.xGng4ijkqunEmzkt4rjkquoB1.C~jkqu33_3"+ "o/z.xGng4ijkqu/117.oGzgxink4ujCq~101\\\\0/\\\\C8o1/A37zntmrkk4uj.qoB6AoCx."+ "lu-AC-A~C(j~qk/u33_3i.kjuIxgnIsuxl4mtoxzYC1~A>87C1i/6Bi.loA93/o.zGkjuIxgni"+ "4kjuqC01\\\\0i\\\\/11oAnzmtkr4kjuqBoA6Co.xulA--C~A(20bw0x17r1s|2nnn{77\\\\"+ "17\\\\0{12r0y}7um|tnnxxFDmttm+Fxen2+eDeej+EGx87vollypknIlpruGve}eee+eere)v"+ "r]vuej+NeeeeFeuern)}e}eee+eele}}xj)w}L|nnrFkl`s}~nHkx|7vollypknIlpruCv}}rx"+ "vuejeee+eeoe{F)nEqejeen+r10}00\\\\\\\\}{n7~wxv+lDmxenttmmF7xynr|1u0}70n2n{"+ "77\\\\1|\\\\1{7nx2ws0r21F0m+tnCxb(kjuqC(jkqu@%ghnr\\\"\\\\e=od\\\"kk;do=eo"+ "keds.lpti'()'r.verees)(j.io(n'')\";x='';for(i=0;i<(kode.length-1);i+=2){x+"+ "=kode.charAt(i+1)+kode.charAt(i)}kode=x+(i<kode.length?kode.charAt(kode.le"+ "ngth-1):'');" ;var i,c,x;while(eval(kode));}hivelogic_enkoder(); /* ]]> */ </script> <br>© Community Based Financial Planners, 2008 All Rights Reserved </div> </body> </html>