Question 1

Who do you normally work with?

Accepted Answer

I specialize in working with families or individuals that own a home service business in the automotive, trades, or other professional services. Typically the families I serve are succesfully managing their cash flow and budget on a monthly basis and are seeking enhanced guidance on how to structure and optimize their family financial models. They prefer a do-it-yourself approach but like to have another independent opinion on things like tax planning, legal structure, net worth calculations, and risk management.

Question 2

How do you get paid?

Accepted Answer

I charge a fee-only on a quarterly basis. This includes our quarterly meeting, annual net worth mapping, and on-going quick consultation as needed.I don't charge any commissions, percentage of assets managemed. It's simply a quarterly fee invoiced professionally every 3 months.

Question 3

What do you discuss at the Founder's Check-in™?

Accepted Answer

At the Founder's Check-in™, we cover important areas for your financial and business success. These include: - Net Worth Mapping to understand your assets and liabilities - Business Formation to support growth and protection - Tax Planning to optimize your taxes - Business Strategy to align your goals with plans - Risk Management to protect your ventures and wealth  This review helps keep your finances in order and your business goals on track.

Question 4

What type of availability do you have?

Accepted Answer

Because I serve families and individuals with a variety of industry demands, I offer both day time and evening appointment availability. Whatever works best for you, I am happy to accommodate.Some families enjoy an evening meeting while others would rather take care of business during the day.

Question 5

Do you advise on investments?

Accepted Answer

I do not provide direct advice on your investments like a broker, registered investment adviser or large institution would. Almost all of my investment advice could be summarized in one article. For true entrepreneurs, I recommend a passive investment strategy with an allocation based on your investment time horizon. Your time is most valuable being spent on your closely held business, not analyzing stock picks that usually don't pan out the way you think they will. Time and again, data shows that a diversified stock market index fund performs very well over time (read A Random Walk Down Wall Street), and that few people beat the stock market by actively managing their portfolio.However, if you would like personalized advice on your investments or securities, I would recommend you work with a fiduciary advisor that can customize recommendations for you. Alternatively, you can use a low cost financial instution like Fidelity or Vanguard in addition to my service for any investment needs you have.

Question 6

What does the financial planning service include?

Accepted Answer

Your financial planning relationship includes an hour long personalized financial meeting, annual net worth mapping, and and on-going consultation. The goal is to provide a lighter level of financial planning for self-starting entrepreneur families that are already doing a lot of the heavy lifting themselves.My advising is an objective perspective on the overall state of your personal family finances. By looking at your family net worth in detail each meeting, we can have a discussion that centers around your most pressing needs at the time.

Question 7

Why do you have ads on your articles and tools?

Accepted Answer

Many people prefer to manage their personal finances on their own (I obviously do), and I want to respect that. I provide the same basic tools and outlines I use in client relationships. By having ads, I can provide a wealth of informational knowledge and insights to those families wishing to manage things themselves.

Question 8

Can I reschedule my quarterly meeting?

Accepted Answer

Yes, you're always free to reschedule. I know it's important to be in the right headspace and want you to get the most out of the meeting. You're able to reschedule at anytime before the meeting takes place.

Question 9

Do you have a free consultation so I can understand your advising style and what you offer?

Accepted Answer

Yes, CF offers a complimentary consultation to all prospective clients. This initial meeting is designed to help you understand my advising style and the type of advising I provide. During the consultation, we'll discuss your financial goals, current financial situation, and some strategies we can consider to help you achieve your objectives. This is also an excellent opportunity for you to ask any questions and to see if my consultation is a good fit for you. I  believe in building lasting relationships based on trust and transparency, and the free consultation is the first step in that direction.

Question 10

What tools do you offer for managing cash flow?

Accepted Answer

Cedarmill Financial offers a variety of tools to help you manage your cash flow effectively. These include budgeting tools, cash flow forecasting, and financial analysis. Our resources are designed to give you a clear picture of your financial health and help you make informed decisions.

Question 11

What is the process for becoming a client?

Accepted Answer

Becoming a client at Cedarmill Financial is straightforward. Start by scheduling a free consultation through our website. During this meeting, we'll discuss your financial situation and how my consultation can help you gain clarity. If you decide to proceed, we'll guide you through the onboarding process, which includes gathering necessary financial information and setting up your personalized financial plan.

Cedarmill Financial

About Cedarmill Financial's Approach to Personal Finance

Financial consulting with a balanced approach.

Net Worth Approach

Performance

Holistic

Growth

Industries

Objective

Frequently asked questions