1The comprehensive financial services we provide:
* Retirement Planning
* Retirement Rollovers & Distributions1
* Retirement Income Planning
* College Funding Programs
* Estate Planning
* Fixed & Variable Rate Annuities
* Investment Planning
* Pennie and Medicare Health Plans2
* Life Insurance
* Tax Planning including Roth Conversions3
* Tax Return Preparation4 - for investment clients only
1 Consider all your available options and the applicable fees and features of each before moving you retirement assets.
2 Trustmont is not affiliated with the Pennsylvania Health Insurance Exchange Authority.
3 Converting a ROTH IRA is a taxable event and may not make sense for your specific situation.
4 Tax preparation services offered through Appelman Financial. Trustmont does not provide legal or tax advice.
Special benefits for our Gold & Platinum Medal clients:
* Please view our extensive listing of services So that you can compare what we provide with what you are receiving from your current advisor!
Some of the ways we may differ from other firms:
Our broad menu of Gold Medal Services which includes a comprehensive review of your tax reduction strategies, estate plans, investment plans, retirement plans, and protection plans
Our regularly-scheduled meetings with clients to update your specific plans and discuss your personal situation
Our consistent mailings of high-quality newsletters, tax reports, and other reports and articles
Our frequent schedule of client educational and appreciation events
Our personal service that features our best and most current ideas, suggestions, and solutions
FI DU CI AR Y adjective | fuh-DOO-shee-air-ee | "involving a confidence or trust" per Merriam Webster
What is a Fiduciary Financial Advisor?
The word fiduciary does not just apply to the financial world. Basically, to be in a fiduciary relationship means that an individual or an institution is operating on someone or something's behalf and that they have a responsibility to act with honesty, integrity and transparency. For example, this would apply to a partnership with an attorney, a banker or an officer of a public company not just with a financial advisor. It signifies an obligation to always put the client or customer's interests ahead of their own. It is a way to assure that they are being truthful and instructing others to the best of their ability, avoid professionals from decision making based on how they would profit off of their recommendation or action, cut down on conflict of interests and discuss them if they arise, and show transparency on decisions by providing all of the necessary information upfront. By knowing that you are partnering with a professional who is a fiduciary and has those particular duties in how they operate, it should bring clients or customers some additional peace of mind that they are in reputable hands. At Appelman Financial, Alissa and Keeyan are both representatives with a Registered Investment Advisor firm (through Trustmont Advisory Group, Inc.) and they are fiduciaries bound to always put their clients' interests first.
What is a CERTIFIED FINANCIAL PLANNER® (CFP®)?
According to the CFP® website, "CFP® professionals are committed to serving their clients' best interests today to prepare them for a more secure tomorrow." Apparently almost anyone can call themselves a Financial Planner, but there are only 100,000 professionals with the CERTIFIED FINANCIAL PLANNER® designation in the country by meeting the rigorous standards set forth by the CFP Board. In order to receive this prestigious distinction, it requires completion of the four E's: Education, Exam, Experience and Ethics. They must posses the knowledge to provide a holistic plan for financial needs and investments, pass a six hour CFP exam, have a background of at least two years of providing services for financial planning, and commit to a high ethics code and standard. CFPs have a fiduciary duty to always serve the client's best interests while advising their situation regardless of their financial goals. Plus there is a duty to care, loyalty, and following clients instructions as well.
For any additional information on the CERTIFIED FINANCIAL PROFESSIONAL® designation, please click on the link below.
What is a Chartered Financial Consultant® (ChFC®)?
The Chartered Financial Consultant® designation is the indication of the highest standard of knowledge and trust in the Financial Planning industry as it requires the strictest educational standards for any financial services credential. In order to obtain this title, advisors must take nine or more college-level courses through the American College of Financial Services pertaining to a wide range of aspects in financial planning. It is estimated that each candidate spends 400 hours to satisfy the criteria of receiving this designation and then they need to complete an additional 30 hours of continuing-education credits every two years, follow strict ethical standards, and fulfill vast experiential requirements as well.
The Commitment of a ChFC®:
“In all my professional relationships, I pledge myself to the following rule of ethical conduct: I shall, in light of all conditions surrounding those I serve, which I shall make every conscientious effort to ascertain and understand, render that service which, in the same circumstances, I would apply to myself.”
Those with the Chartered Financial Consultant® designation are required to operate under the highest of professional standards. The authority to use the ChFC® mark is granted by the Certification Committee of the Board of Trustees of The American College and its use is conditional on the adherence to extensive ethical guidelines. It is required that Chartered Financial Consultants operate in a manner they would choose for themselves in a similar situation and this guarantees that they advise based on what would be most beneficial to their client. Thus this prestigious credential is a way to ensure both the expertise and integrity necessary for consumers to get the professional financial advisement they seek.
For any additional information on the Chartered Financial Consultant designation, please click on the link below.
What is a Chartered Special Needs Consultant® (ChSNC®)?
The only credentialed program for Financial Advisors to learn how to assist people with special needs is the Chartered Special Needs Consultant® designation. The intention is to ensure that families caring for a member with disabilities have the necessary resources to help their loved one live out their life as they are accustomed. According to the ChSNC® website, this means learning about the following important areas:
Disability law
Life insurance
Healthcare issues
Special needs trusts
The ABLE Act
Government benefits
Social Security
Medicaid complexities
Special education
Estate planning
Retirement planning
Tax deductions
For any additional information on the Chartered Financial Consultant designation, please click on the link below.
