We have been featured or mentioned in the articles and magazines listed below. Below you will find the portion of the article that highlights Melody Townsend and/or Townsend Financial Planning. You can read the full article by clicking article link.
January 4, 2010
Local Business Owner Featured in Statewide Magazine
Melody Townsend helps readers understand money issues.
KY Living Magazine "2010 Finance Guide" - (Jan. 4, 2010) - Melody Townsend, a local Mt. Sterling business owner, kicked off 2010 in a big way. She was featured in an article for Kentucky Living Magazine. Kentucky Living is a statewide magazine that goes to all the electric utility customers of Kentucky's rural electric cooperatives.
"In today's tough economic times, I think it is great that Kentucky Living would dedicate a large portion of its first issue of the new year to helping its customers become more financially savvy," said Townsend. In addition to Townsend, several other people from Mt. Sterling appeared in the magazine article, including Mark Ledford, president of Whitaker Bank.
"What I enjoyed most about the article was the photo shoot at the Old Silo golf course with Mark and Christy Ledford. I never realized how much painstaking effort goes into a magazine photo." Melody Townsend is a Certified Financial PlannerTM and owner of Townsend Financial Planning. Her office is located at 124 N. Maysville Street in Mt. Sterling.
Readers who do not have a subscription to Kentucky Living Magazine can see the article online at http://www.kentuckyliving.com/.
WMST Radio
July 2, 2008 - Listen to the show
Melody W. Townsend, CFP® and President of the Mt. Sterling, Kentucky based company Townsend Financial Planning began co-hosting a weekly radio show on Wednesdays at 10:30AM ET called Dollar$ & $en$e on WMST 1150AM and 106.9FM. The show debuted on July 2, 2008 and the goals for the show are to entertain, educate and improve lives by learning more about financial topics that affect individuals, families and businesses. Listen to the show archives at: WMST radio.
April 2, 2007
Featured Expert in Your Portfolio Article
Melody W. Townsend, CFP®, principal of Townsend Financial Planning in Mount Sterling, Kentucky, was featured as the expert in the Your Portfolio article titled, " They've done the math for retirement but it is enough?" and " Exorbitant savings great, but couple still must work to protect assets " written by Kathy Chu. A couple, Al and Joanna Viviano, wrote in to USA Today seeking advice on their current savings for retirement, their investment allocation and protecting their assets. After going through the financial planning process with Melody the Viviano's are quoted as saying: "This is hard work - allocating assets and drawing down right" says Mr. Viviano, "You have to work your asset, nourish it with good money and go to a financial planner." Mrs. Viviano adds, "We're ending a final stage of our lives, and (Melody) really put our minds at rest."
December 2006 by By Jeff Schlegel - Read full article
"Following a dream has become a reality for a planner who is considered to be in The Next Wave
Townsend was recently profiled in this cover story because she has followed her dreams of moving back to her hometown and opening a private financial planning practice. In the article, the author writes that Townsend's goals are modest, "I don't have aspirations to be a huge empire with a lot of employees," she says. "I just want to serve the local people in my community." Townsend goes on to talk about the middle-income workers and how they are a very underserved segment of the market when it comes to independent financial services. The article says, "There is a quiet movement going on within the industry: Young financial advisors imbued with a missionary-like zeal to spread the fee-only message are striking out on their own at a much earlier age than the prior generation. They don't want to climb the ladder by pushing financial products, and some feel boxed in at larger companies that don't let them play a fiduciary role that utilizes their training in comprehensive planning. Instead, these twenty-somethings and early thirty-somethings believe their future-and that of the industry-is predicated on providing independent, in-depth financial advice, with client relationships as the business core.
Armed with certified financial planning designations (or comparable designations, such as chartered financial consultant) and with technology that simplifies client service and back-office management, these young advisors believe they have the training to hang out their shingle and transform the industry. But the challenges are many, from establishing trust with older clients to living off savings until the money starts flowing in. "We're seeing more new entrants into the profession gravitating toward the fee-only model," says Ellen Turf, executive director of the National Association of Personal Financial Advisors. She cautions that fee-only firms generally run on leaner margins. "It's a difficult career path to get established in." Townsend recognizes the difficulties in serving the public in this way. "It's an underserved market with a lot of needs," says Townsend. "The biggest obstacle is educating them about what we do, and that they can afford us."
November 15, 2006 by Jeff D. Opdyke - Read full article
(also printed in SouthCoastToday.com)
Melody W. Townsend, CFP®, a Garrett Member in Mount Sterling, Kentucky was quoted in an article titled, "Retirement Planning for 20-Somethings." She is mentioned as focusing on the importance of younger workers diversifying their investments. The article also points out that she is willing to work with younger middle income workers and families - "What you need is a planner who, like Ms. Townsend, charges hourly fees on an as-needed basis-and does not collect a commission for hawking products," says Columnist Jonathan Clements.
