The Always Ready Financial Plan
Description of Offering:
The Always Ready Financial Plan is a comprehensive, one-time financial plan crafted to provide Senior Military Officers, Veterans, and their families with a clear roadmap for their financial future. Delivered through 3 to 8 virtual meetings over a few months, depending on the complexity of your situation, we thoroughly review every aspect of your financial life—from military benefits to personal goals—and create a detailed action plan for you to implement independently. Inspired by the Coast Guard motto “Semper Paratus” (Always Ready), this plan equips you with the tools and confidence to take charge of your finances.
Key Services and Deliverables:
- Initial Financial Assessment: Comprehensive review of your financial situation, including military pensions, Thrift Savings Plan (TSP), VA benefits, income, assets, and liabilities.
- Values and Goal Setting: Creation of a Statement of Financial Purpose aligning your finances with your core values, plus short- and long-term goal setting.
- Benefit Optimization: Detailed analysis and recommendations for maximizing military benefits, such as pensions, GI Bill, Tricare, and VA loans.
- Retirement and Investment Planning: Tailored retirement projections, Social Security optimization, and investment strategies suited to your risk tolerance.
- Actionable Financial Plan: A step-by-step guide covering retirement, education funding, insurance, tax considerations, and estate planning basics for self-implementation.
Pricing:
- Flat fee based on complexity: $4,000 – $15,000
- Half due upfront before work starts and half due upon plan delivery
- Includes all meetings and deliverables
Additional Notes:
This plan is ideal for clients who prefer to manage their finances independently but need a robust, tailored strategy to start. After delivery, you’ll have a clear, actionable plan to implement on your own, with no ongoing commitment required. Perfect for those transitioning to civilian life or seeking a one-time financial reset.
The Always Ready Ongoing Partnership
Description of Offering:
The Always Ready Ongoing Partnership provides all the elements of The Always Ready Financial Plan, plus continuous support to execute, monitor, and adapt your financial strategy. Designed for Senior Military Officers, Veterans, and their families who want a trusted partner by their side, this service includes three review meetings per year, unlimited email support, and optional investment management. With no long-term contract, you’re free to cancel anytime, ensuring flexibility as your life evolves.
Key Services and Deliverables:
- Comprehensive Financial Plan: Includes all services from The Always Ready Financial Plan (assessment, values alignment, benefit optimization, retirement planning, and action plan).
- Ongoing Implementation Support: Hands-on assistance with executing strategies, such as opening accounts, filing benefit claims, or adjusting investments.
- Three Review Meetings per year: Regular check-ins to monitor progress, update goals, and adapt to life changes like job transitions or PCS moves.
- Unlimited Email Support: Access to your advisor for financial questions, ensuring timely guidance between meetings.
Optional Investment Management: Professional portfolio management tailored to your goals, with ongoing monitoring and rebalancing.
Pricing:
Annual retainer: $7,000 – $15,000, based on complexity
Billed monthly: $585 – $1250 per month
Optional investment management: 0.5% – 1.0% of assets under management (offsets annual retainer fee)
| Assets Under Management (AUM) | Fee |
|---|---|
| $0 – $1,000,000 | 1.00% |
| $1,000,001 – $2,000,000 | 0.85% |
| $2,000,001 – $3,000,000 | 0.7% |
| $3,000,001 – $4,000,000 | 0.6% |
| $4,000,001+ | 0.5% |
Additional Notes:
This offering is perfect for clients seeking peace of mind through continuous guidance. It’s ideal for those navigating complex transitions or preferring to delegate financial management. The optional investment management program is designed for clients who want to focus on their lives rather than managing portfolios, ensuring investments align with their goals without the stress of DIY mistakes.
The College Readiness Program
Description of Offering:
The College Readiness Program is a specialized service for military and veteran families, guiding them through the college application and financing process over four structured virtual meetings, starting in the junior year of high school. Leveraging your military benefits, such as the GI Bill, and our expertise in college admissions, we help you select the right school and create a solid plan to cover costs through graduation. By the end, you’ll commit to a college with confidence in your financial strategy and educational future.
Key Services and Deliverables:
- College Selection Guidance: Expert advice on choosing schools that align with academic and financial goals, informed by a decade of admissions experience at the Coast Guard Academy.
- Application Process Support: Step-by-step assistance with school choice, applications, and deadlines to maximize acceptance chances.
- Financial Aid and Scholarship Strategies: Tailored recommendations to secure aid, scholarships, and grants.
- GI Bill Optimization: Detailed plan to maximize GI Bill benefits and other education funding options especially for families with multiple children who will be attending school.
- Cost of Attendance and Payment Plan: Comprehensive analysis of college costs and a four-year payment strategy to ensure affordability.
Pricing:
Flat fee: $2,000
Includes all four meetings and supporting materials
No additional costs
Additional Notes:
This program is tailored for military families aiming to navigate the college planning process efficiently. It combines financial expertise with admissions knowledge, ensuring your child attends a school that fits your budget and their aspirations. Ideal for families starting in the junior year, it provides clarity and confidence in one of life’s biggest investments.