About Marian Financial Services, Inc.
The difference between those who are successful and those that are not is real simple - an indispensible Financial Plan.
We are a Registered Investment Adviser based in the State of Florida and also licensed in CA and TX. More importantly, we are a fiduciary who acts in your best interests. Because we are an RIA, you can rest assured that we will not be trying to twist you into buying products or services that only benefit us, like Wall Street firms and their registered representatives do. We recommend solutions, not products. Does your financial advisor put it in writing that they are a fiduciary? If not, they are required to based on a new ERISA Department of Labor rule. When your advisor advises you to move your 401k to your firm, then they will have to disclose to you in writing that they are a fiduciary, disclose conflicts of interest and provide a list of services, so you can properly evaluate whether or not it is in your best interest to do so.
Certified Financial Planner® - every CFP® will be subject to a new Code of Ethics that is stronger than any other financial designation. If you are evaluating different CFP® Professionals, then you should ask for a copy of their CFP® Disclosure and compare it to Mr. Allison's.(See Mr. Allison's CFP Disclosure for more details.) Our CFP®, Mr. Allison, licensed since December 1st, 1992, has the experience and knowledge to craft custom solutions to help you achieve the things that are most important to you. A CFP® is required to act as a fiduciary and in your best interests, no matter where they work. If your CFP® works for a bank, a brokerage firm or insurance company, then odds are their conflicts of interest will be numerous and lengthy in comparison to Mr. Allison's.
Lookout!
This shady character is an expert at prying your hard earned money away from you. Where he gets you is by convincing you to invest in things that are not publicly traded or listed on a major stock exchange. Most of the time it is a Private Placement, a Non-Publicly Traded REIT, phony crypto or a Promissory Note. If you invest with him, you can kiss your money goodbye. He is an expert thief!
Its all about the Benjamins!
"Investing" with this guy only benefits him, not you. He locks you into insurance products with high commissions and long surrender periods of 10 years or more! Typically, insurance agents are the most inexperienced people out there when it comes to Financial Planning. Did you know that they cannot offer Financial Planning unless they are affiliated with a Registered Investment Adviser?
Supersalesman
Billy Banks will try and sell you Mortgages, Home Equity Lines, Credit Cards, Mutual Funds, Variable Annuities, and who knows what else. Billy has a revenue quota to hit. You'll end up with something that you didn't know you needed when you walked into that bank!
Where are you on your journey?
Let's Start Investing
We can help you get started investing with as little as $100 per month. We even include a Financial Plan in the process. This requires linking all asset and liability accounts through Right Capital® Financial Planning software and their account aggregation service.
A lot of times, people just starting out have more liabilities than they would like. With our Financial Planning expertise, we can show you a strategy to reduce your debt over time and get you to a point where you can sock away more money.
Portfolio Management for Single Clients or One-Income Families
Our portfolio management option for younger single clients or a one-income family starts as low as $5,000, Financial Plan included. This requires linking all asset and liability accounts through Right Capital® Financial Planning software and their account aggregation service.
With this plan, we want to help you with a Financial Plan and get you a strategy to move forward. Morningstar® Managed Portfolios start at only $5,000 to invest. If you open a Morningstar® account, your account would be held at either Fidelity Investments or Charles Schwab & Co., Inc.
Portfolio Management for Two-Incomes Families
We have been managing portfolios and protecting client assets for a long time. We are primarily an Exchange Traded Funds (ETF) Portfolio Manager. We have several ETF Portfolios that we manage, plus the ability to customize your portfolio at either Altruist, LLC or Charles Schwab & Co., Inc. Typically, we refer clients to Morningstar Investment Services, LLC for those who desire a Stock Portfolio, but we can also recommend stocks for a separate account at our firm.
Financial Planning is a critical area that should not be neglected, especially for two-income households. A Financial Plan is included at no additional cost. We use Right Capital® as our Financial Planning software vendor because of their enhanced level of security. They do not need or store your personal information. They do not need your account numbers in order to provide their services. See the "Data Security" link on our Main Menu.
Portfolio Management with Retirement Readiness
At this stage of life, it is time to start planning for retirement. You have been in the accumlation phase and you are close to the distribution phase. Information overload takes over and we have a solution to help. Our Right Capital® Financial Planning software can pull everything together. You link your assets and liability accounts, then you can see everything you own and owe in one place. You will know the best way to plan for future distributions, how and when to take your Social Security, how taxes will effect your decisions and figuring out your pension distributions options. All this and more including a Financial Plan. Your accounts would be held at either Altruist, LLC or Charles Schwab & Co., Inc.
At this level, we can continue to manage your portfolio or if you want a Stock Portfolio, then we outsource it to Morningstar® who will take care of this process for you, so we can concentrate more on your retirement readiness. Our fee is normally lower than outsourcing to Morningstar®, but each case is different. We can run an Morningstar® Investment Proposal so you can compare their recommended portfolio to our recommended portfolio. If you open a Morningstar® account, your account would be held at either Fidelity Investments or Charles Schwab & Co., Inc.
Portfolio Management and Distribution Planning
Now, we need to look at how we can make the most tax-advantaged withdrawals in retirement. Should you take a lump-sum pension distribution? When should you take Social Security? What will my taxes look like in retirement? When might a Roth Conversion be appropriate? What does your retirement cash flow look like? Without a Financial Plan, you will never know the answers to these important questions. A Financial Plan is included for no additional fee. Your accounts would be held at either Altruist Financial, LLC or Charles Schwab & Co., Inc.
At this level, we can continue to manage your ETF portfolio or if you want a Stock Portfolio, or combination ETF and Stock Portfolio, then we will take care of this process for you. We will include your distribution planning needs in our Portfolio Design. Your account will be held at either Altruist Financial, LLC or Charles Schwab & Co., Inc.
Right Capital® Means Data Security
Why Choose Rick Allison as your CFP®?
Creativity
Creative and experienced. Mr. Allison has been a licensed CFP® since December 1st, 1992 and has seen a multitude of varying client scenarios giving him the creativity and experience needed to craft a Financial Plan that benefits you and yours.
Zoho® Meetings
You can schedule an online Zoho® Meeting with Mr. Allison in order to save time and learn about Right Capital®, Morningstar® and our Portfolio Management options. No wasted travel time necessary. Of course, we think we both would benefit by a more personal, face-to-face meeting at our office. However, due to the Covid-19 pandemic, we will leave that choice up to you.
Right Capital® Mobile App
Right Capital® has a mobile app in addition to their web site. Once you link accounts through Right Capital®, then you will be able to see everything you own and owe right from your iPhone or Android device. The account aggregation feature will pull in all of your information. If you want us to review a private document, then the Right Capital® Client Portal will faciliate this for us. This app works with Face ID, too.
Rick's Book
Mr. Allison has written several books. Designing an Investment Portfolio for American Patriots is his latest book. This book is a no-risk way to learn how Mr. Allison utilizes his 30+ years of experience in helping clients. It is only $12.95 and available at all your favorite eBook resellers via this link.
One-to-One Relationship
Mr. Allison is your contact and you will work directly with him to build your Financial Planning relationship to help guide you on your glidepath and journey as you navigate life for you and yours.
Take Time Off
Mr. Allison believes that all work and no play is not good for anyone. He plays baseball in adult baseball tournaments each year for fun. Mr. Allison likes to help you figure out how you can do those things that are fun to you and make you happy. It is important to be happy. You need to plan for enjoying life!
Estate Planning
Mr. Allison is affiliated with an Estate Planning Network that has a database of local attorneys in each state who agree to discount their fees for Revocable Living Trusts, Wills and related documents like Power of Attorneys, Health Care Power of Attorneys, Living Wills and other related documents. Each legal document has an attorney assigned to it who reviews your documents for accuracy and adherence to your exact wishes. Studies say that only 40% of people have current Estate Planning legal documents which means that most people have not completed any legal documents. This is very important for you to do for your family. The fee schedule for the attorney prepared legal documents can be found here.
Elder Care Planning
In his newest book, Designing an Investment Portfolio for American Patriots, Mr. Allison has a chapter devoted exclusively to Elder Care Planning and the things that you must know five years or more in advance This is not an area where you can do things yourself. If you want to conserve family assets, hire an Elder Law Attorney as soon as possible. Or, you can give your/their money to the nursing home owner who gets paid no matter what. You can find great and helpful information at Caring.com. I suggest visiting these two pages for more information. How much does Assisted Living Cost? Find Assisted Living Options Near Me
Medicaid & Veterans Benefits
Understanding Medicaid and Veteran's Benefits for the elderly are two very complex subjects. There is no do-it-yourself in either of these two areas. Medicaid looks back five years for previous gifts before they will pay any benefits. The VA Aid & Attendance benefits used to be rather lucrative for our Veterans, but unfortunately Congress passed legislation to really restrict these benefits. These two areas require the services of an Elder Law Attorney if qualifying for Medicaid or VA benefits is your goal. In addition, if preserving your family assets instead of giving them to the nursing home owner is your goal, then you need the services provided by an Elder Law Attorney.