Frequently Asked Questions
What is “Fee-Only” financial planning and why should it be important to me?
Fee-Only financial planners are paid only by their clients. They never receive commissions, sales incentives, bonuses or special perks paid by insurance companies or other financial service entities for selling their products. E.A. Hendrich Financial Planning is a true Fee-Only financial planning firm. Knowing this, you can approach us with the full knowledge that we will be bringing recommendations that are in your best interest only. You do not have to worry that we will need to “sell you something” in order to be paid for providing you advice.
How do I implement the recommendations you make for insurance or investments?
We will advise you on financial products such as investments and insurance, but we do not sell them or receive any benefit from their sale. We can recommend ethical and competent insurance agents to assist you in addressing an insurance need, or we can help you to secure coverage through the services of a no or low-load Internet-based insurance company. We can also assist you in establishing a brokerage account at a discount broker (Fidelity, Vanguard, Schwab, T.D. Ameritrade, etc.). We can provide minimal or full support in helping you create an online brokerage account.
What types of planning services do you offer?
For a description of the types of financial planning offered by E.A. Hendrich Financial Planning, LLC, please review our Services.
Isn’t financial planning just for people who have lots of money?
Any individual, couple or family seeking financial advice can benefit from our services. As a member of the Garrett Planning Network, we have taken a pledge to offer our services to all persons, regardless of their income or assets. We welcome clients who simply want a one-time financial review or are interested in a second opinion before making a major financial decision. Equally welcome are those persons who are seeking ongoing financial coaching and plan monitoring over a longer period of time.
Do you offer your services to businesses that would like to provide objective investment advice to their employees?
Any organization (profit or non-profit) wanting to provide unbiased, conflict-of-interest free advice and financial education to their employees can benefit from our services. Your employees will appreciate the fact that you have engaged an independent, fee-only firm, thus eliminating the possibility of sales pressure related to product sales or bundled services.
How do you price your financial planning services?
Fees are based on the time spent meeting with you, either in-person or over the phone, researching and analyzing your situation, and formulating recommendations that are specific to your situation. Before you hire us, we will always provide you with a written quote of the full cost of the engagement. We fully disclose all of our fees. We offer an initial consultation, up to one hour, that is complimentary to prospective clients. Following the delivery of our financial plan, if you have questions or need clarification on anything we recommend, please feel free to give us a call. We will not bill for modest amounts of additional time spent during the month after we present our recommendations to you. We realize that a financial plan must be understood by you to secure the necessary emotional ownership required for full implementation.
How can I get started?
Call (404) 513-7192 or e-mail e[email protected] to schedule an introductory meeting. We offer a no-fee, no obligation “Get Acquainted” meeting, either in-person or by phone.
Fee-Only financial planners are paid only by their clients. They never receive commissions, sales incentives, bonuses or special perks paid by insurance companies or other financial service entities for selling their products. E.A. Hendrich Financial Planning is a true Fee-Only financial planning firm. Knowing this, you can approach us with the full knowledge that we will be bringing recommendations that are in your best interest only. You do not have to worry that we will need to “sell you something” in order to be paid for providing you advice.
How do I implement the recommendations you make for insurance or investments?
We will advise you on financial products such as investments and insurance, but we do not sell them or receive any benefit from their sale. We can recommend ethical and competent insurance agents to assist you in addressing an insurance need, or we can help you to secure coverage through the services of a no or low-load Internet-based insurance company. We can also assist you in establishing a brokerage account at a discount broker (Fidelity, Vanguard, Schwab, T.D. Ameritrade, etc.). We can provide minimal or full support in helping you create an online brokerage account.
What types of planning services do you offer?
For a description of the types of financial planning offered by E.A. Hendrich Financial Planning, LLC, please review our Services.
Isn’t financial planning just for people who have lots of money?
Any individual, couple or family seeking financial advice can benefit from our services. As a member of the Garrett Planning Network, we have taken a pledge to offer our services to all persons, regardless of their income or assets. We welcome clients who simply want a one-time financial review or are interested in a second opinion before making a major financial decision. Equally welcome are those persons who are seeking ongoing financial coaching and plan monitoring over a longer period of time.
Do you offer your services to businesses that would like to provide objective investment advice to their employees?
Any organization (profit or non-profit) wanting to provide unbiased, conflict-of-interest free advice and financial education to their employees can benefit from our services. Your employees will appreciate the fact that you have engaged an independent, fee-only firm, thus eliminating the possibility of sales pressure related to product sales or bundled services.
How do you price your financial planning services?
Fees are based on the time spent meeting with you, either in-person or over the phone, researching and analyzing your situation, and formulating recommendations that are specific to your situation. Before you hire us, we will always provide you with a written quote of the full cost of the engagement. We fully disclose all of our fees. We offer an initial consultation, up to one hour, that is complimentary to prospective clients. Following the delivery of our financial plan, if you have questions or need clarification on anything we recommend, please feel free to give us a call. We will not bill for modest amounts of additional time spent during the month after we present our recommendations to you. We realize that a financial plan must be understood by you to secure the necessary emotional ownership required for full implementation.
How can I get started?
Call (404) 513-7192 or e-mail e[email protected] to schedule an introductory meeting. We offer a no-fee, no obligation “Get Acquainted” meeting, either in-person or by phone.
