Resources
We deliver transparency and personalized guidance to put your goals first.
How Does TFP Offer Wealth Management?
Townsend Financial Planning wasn’t created to focus on sales goals and marketing strategies. We exist to serve people, and our passion is renewed every time we help a client and their family plan for the unexpected, achieve individual goals, and navigate their unique financial journey.
What if I Don’t Hire TFP for Wealth Management?
Choosing to work with a wealth management advisor is a long-term commitment. There is an incredible amount of trust that must be established, and we have seen the advisor-client relationship pay off in both quantitative and qualitative ways. By not hiring TFP, you are potentially missing out on tens of thousands of dollars in savings and the peace of mind that comes with making sound financial decisions with the help of a CERTIFIED FINANCIAL PLANNER™ professional.
Client Success Stories
Your Questions, Answered.
Financial planning isn’t one-size-fits-all. Don’t see what you’re looking for? Give us a call.
ARE YOU A FIDUCIARY?
Yes, we always strive to act in the best interest of our client and be transparent in everything we do.
ARE YOU FEE-ONLY?
Yes, we are only paid by our clients. We do not receive commissions of any kind.
HOW DO YOU CHARGE?
We offer two types of services: projects and wealth/investment management.
For projects, we charge a flat fee. Refer to the fees as outlined under Financial Planning on the Services page. Fees are fully outlined in our agreement.
For Wealth/Investment Management services, we charge a percentage of assets. There are breakpoints when a client reaches certain asset levels where they are charged a reduced rate on additional assets. More detailed information on this can be found on our Services page. This is also broken down in our agreement.
(A financial planning fee may also apply for those who are below $750,000 in assets under management or who request additional services not covered under their service level.)
WHO DO I WORK WITH?
We are a team! Thus, it is likely you will work with a combination of all of us at some point during our engagement. When you sign an agreement with us, you get a whole service team, not just one individual.
WHAT IS THE PROCESS TO BECOMING A CLIENT?
Our typical process begins with a prospective client answering a few questions and scheduling a phone call with one of our advisors. The scheduled phone call allows the prospective client and the advisor to discuss if TFP offers the services best suited for the needs of the prospective client. If the prospective client and advisor agree we are a good fit, we will schedule a meeting to get more acquainted. Generally, no advice is given during this meeting, but the prospective client will be presented with a quote or explanation of services and fees, and an outline of the service offering. Then, they can give it some thought to determine whether they would like to move forward. Once an agreement is signed by both the prospective client and TFP, the client will be asked to gather data and we will begin work on the project or getting them set up with the Wealth/Investment Management service. This will all be explained prior to the prospective client signing any agreement or making any payments.
HOW DO YOU MEET WITH PEOPLE?
We meet via phone, video conferencing, and in person in one of our Kentucky offices (Mount Sterling, Lexington, or Louisville.)
WHERE ARE YOU LOCATED?
Our headquarters is in Mount Sterling, Kentucky. We also have an office in Louisville and a meeting location in Lexington. We work with clients from all over the United States via video conferencing.
DO YOU DO PROJECT WORK?
Yes! We find a natural place to begin with our new clients is completing a financial planning project together. Once the initial project is complete, often they need help implementing the recommendations. That is when they can choose to partner with us as an ongoing Wealth/Investment Management client. At that point, we take on all the heavy lifting for them. For those who choose to not continue as an ongoing client at the conclusion of their project, that engagement comes to an end and the client implements the recommendations on their own. For projects we charge the fees as outlined under Financial Planning on the Services page.