Friendly, flexible and always fee-only.
My firm provides financial and business planning in which you use your money to increase your sense of financial well-being and life satisfaction. Brian Thompson Financial is fee only – that means no commissions, no kick-backs, and no sales pitches for insurance or other expensive investment add-ons – just the transparency you deserve.
Business engagements are split into two phases:
- Phase 1 – Discovery: In this phase, I help you get clarity around who you are, what you want and what resources you have to build the business of your dreams. I do this through a combination of the art of financial planning (clarifying your passion behind your business, your vision and the values you use a lens for your decisions), as well as the science of financial planning (figuring out how your cash flow, business structure, taxes, etc. all fit together). The minimum cost for this phase is $2,000 for a new business and $4,000 for a business in operation over one year. There will be added costs for complexity such as the number of people involved in the process, business structure and revenue.
- Phase 2 – Ongoing support and care: Here, we set up the foundational structure for your mission-driven business, as well as respond, advocate and create conditions for success. Specifically, we will address any business structure changes, set up a cash flow system that makes you profitable from day one, implement proper bookkeeping and maximize your use of business tax advantages. We will also address retirement planning (like setting up Solo 401ks), scenario plan, set up buy-sell agreements, adjust employee benefits and develop exit strategies that are all in line with the purpose, vision and values we discovered in Phase 1. The minimum costs for this phase is $6,000/year for new businesses and $10,000 for business in operation over a year. There will be added costs for for complexities such as having multiple entities, multiple owners, and/or complex balance sheets. Deliverables and meeting structure will vary and will be outlined in your proposal.
My goal is always to provide value greatly in excess of your investment. Additionally, I will always provide the cost and scope of engagement before you commit to anything. If you are curious to learn more about what it would cost in your situation, feel free to set up a 15-minute introduction call.
Personal planning can be added at an additional cost. You can check out the Process tab to get an overview of how that process works and the benefits of each step.
Managing, improving and capturing opportunities within your financial life
Sound valuable to you? Contact me.