Sensible Money
8550 East Shea Boulevard
Suite 130
Scottsdale, AZ 85260
How Can We Help You?
Thinking about retirement? We can help.
Our services are best suited for families who have in excess of $500,000 and are looking for answers to some of the following questions:
- How much do I need to retire?
- What should I be doing differently?
- How much income can I take out? How can I get more?
- How can I be sure I won’t run out of money?
- I don’t want to lose money. How should I invest?
- Where can I find objective answers?
- What about taxes… and inflation?
- Should I pay down my mortgage?
Fee-Only Planning vs. Fee-Based
Sensible Money is a Fee-Only financial planning firm. As such, we may only receive compensation that is paid directly from our clients.
Fee-based advisors may receive compensation and bonuses from other sources; such as their broker dealer, mutual funds or insurance companies. They may receive bonuses or trips based on how much of a certain type of product they sell in any given month.
Comprehensive Financial Planning
Available to clients with a minimum annual fee of $6,000 per year.
Comprehensive planning clients will work with a Certified Financial PlannerTM. They will receive the following services:
- Net Worth Statement and Cash Flow Projection
- Investments: Written Investment Policy Statement, Investment Strategy, Implementation of the Portfolio, & Quarterly Performance Reports
- Annual Income Tax Planning
- Written Summary of Estate Planning Documents
- Comprehensive Insurance Review (life, disability, long-term care and property/casualty)
- Company/Employee Benefit Review and Analysis
It usually takes 6-8 meetings over a 1-2 year time frame to implement all of the above. Once implemented, going forward a client would have 2-3 face-to-face meetings per year.
Hourly Planning Services & Our Process
There is no minimum for hourly planning.
One time financial planning needs can be addressed through hourly planning. Commonly requested topics and an estimate of hours are listed below.
- Retirement Planning 2-15 hours
- Tax Planning 2-6 hours
- Investment Advice 1-6 hours
- Insurance Review 2-8 hours
- Employee Benefit Review and Analysis 2-8 hours
- Real Estate Transaction Analysis 2-8 hours
- Debt Analysis 2-8 hours
Hourly Rate: $120 - $250 per hour depending on the credentials and experience level of the advisor.
- Our Process: Hourly planning begins with an initial phone conversation to gain a better understanding of the services needed and provide an estimate of fees.
- Our team will then send a written service agreement.
- The client must return the agreement and provide all requested documentation via fax, e-mail, or mail.
- All documents are reviewed and a plan of action is developed.
- A face-to-face strategy appointment is then set.
- At this appointment the analysis is reviewed and recommendations are given.
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If needed, additional assistance can be provided to help implement the recommendations.
Our Experienced Team
Dana Anspach
Dana M. Anspach, CFP® is the founder and principal of Sensible Money as well as a financial advisor.
Dana's area of expertise is working with pre and post retirees who have a need to generate income from their assets. She recognizes that these clients have unique needs, as they can not easily go back to work to recoup portfolio losses.
Kimberly Morton
As a Senior Financial Analyst, Kim Morton CFP® manages other analysts in the firm, handles the analyst work for our most complex clients, and serves as the primary Financial Advisor for her own clients.
Jody Hulsey
Client Services
Please be aware that Sensible Money has a portfolio minimum of $500,000 to accept inquiries through this directory.
