IAM Financial
250 Monroe Northwest
Suite 400
Grand Rapids, MI 49503
Additional Location:
2164 University Park Drive
Suite 260A
Okemos, MI 48864
About Our Firm
We help our clients using simple, fundamental planning strategies such as:
- Paying Yourself First
- Living Debt/Stress Free
- Succeeding to Plan is Planning to Succeed
...and investment strategies such as:
- Low Expense Investing
- Buying & Holding (Not Market Timing)
- Reducing Volatility (Asset Allocation)
Our clients take solace knowing they have a qualified advisor that will put their interests first, working for them for next 30 years.
Our Comprehensive Financial Planning Service
Comprehensive Financial Planning – is the process of assessing your current financial situation, defining your goals, and determining the steps necessary to achieve your goals. Once a plan is put in place, periodic updates are necessary to track progress. All planning is done in house with the goal of removing as much uncertainty as possible with regard to your finances.
The components of the plan include:
Define Financial Goals – Clarifies what it is that you really want to accomplish with your finances, whether it is a risk free retirement, or sending your child to get her degree.
Budget Analysis – Brings awareness to spending habits so that you can make conscious decisions towards funding your goals.
Tax Analysis – Minimizes how much goes to Uncle Sam so that you can maximize how much goes to your golden years.
Cash Management – Answers the question: Are you overspending, or under spending? Also lets you know how much you can save for your goals.
Financial Goals Analysis – Figures out how to accomplish your goals based on your income and expenses.
Investment Analysis – Assesses your current investments and whether or not they will help or hurt your attempts to fund your goals.
Insurance Analysis – Eliminates uncertainties and provide peace of mind, knowing that your plan has a safety net.
Estate Review – Finds ways to disinherit Uncle Sam, and give to the people or causes you believe in.
Retirement Specific Plan
A Retirement Specific Plan is an abbreviated version of a Comprehensive Financial Plan answers the questions:
- How much should I save for retirement?
- Where should I save it?
- How much income can I expect during retirement?
This service is best utilized by two different types of clients:
The First is someone who is relatively new to investing and is looking to get a good start without worrying about conflicts of interest inherent with working with a commission based planner.
The Second is someone who knows that their insurance, tax, and estate planning needs are being taken care of by trusted professionals.
They strictly want to know :
- Are they are on track to retire?
- Are they are going to run out of money?
- Is their current advisor doing a good job?
Your Advisor – Rich Feight CFP®
Among independent financial advisors, Mr. Feight is one of the most well known and highly respected “Fee-Only” financial planners. Since 1997, Rich has dedicated his career to offering low cost “Fee-Only” comprehensive financial planning and investment advice. Rich assists his clients in organizing their finances so that they can retire on time.
In December of 2007 Rich created IAM Financial to serve clients seeking objective, affordable, independent advice. Prior to this, Mr. Feight was an investment advisor representative of Creative Financial Design, where he was responsible for the selection of securities used in, and management of, asset allocation portfolios for numerous client accounts.
Rich is a graduate of Michigan State University where he received his degree in Finance. Rich has earned the Certificate of Financial Planning from The College for Financial Planning in Denver, Colorado that was comprised of intense graduate level classes grounding him in the various foundations of financial planning.
He is a CFP® (Certified Financial Planner®) since 2001, meeting the experience, education requirements and passing the two-day, 10 hour exam, making him one of the few in the country who hold the designation.
NAPFA: The National Association of Personal Financial Advisors is the nation’s leading organization of Fee-Only comprehensive financial planning professionals.
Please be aware that IAM Financial has a portfolio minimum of $250,000 to accept inquiries through this directory.
