Financial Planning
How it works
Once You Become a Client
As a firm, we believe a structured client service calendar provides maximum value to our clients.
However, our lives are unpredictable, and even the most thought-out plans get thrown a curveball. That is why clients of Pay It Forward Financial Planning can reach out to their planner at any time should something come up in their lives that affect their financial situation.
We monitor client investments throughout the year.
January - March
Quarter 1
Strategic Meeting with Pay It Forward Financial Planner
Review Yearly Cash Flow
Financial goals and your financial roadmap
Tax Preparation clients will receive a tax questionnaire and begin to gather relevant tax documents
Look to fund IRAs and Roth IRAs
Our team will work with clients who need to make quarter 1 estimated tax payments
April - June
quarter 2
Work to finalize tax returns of tax preparation clients
Check in on the progress of follow-up items from the last meeting
Conduct insurance reviews
Our team will work with clients who need to make quarter 2 estimated tax payments
July - September
Quarter 3
Strategic Meeting with Pay It Forward Financial Planner
Retirement planning and projections
Review of college planning and funding
Complete a preliminary tax projection and discuss charitable giving
Our team will work with clients who need to make quarter 3 estimated tax payments
October - December
quarter 4
Check in on the progress of follow-up items from the last meeting
Discuss any year-end tax strategies (e.g. Roth Conversions)
Conduct a review of client’s employee benefits open enrollment
Review the estate planning of all clients
Our team will work with clients who need to make quarter 4 estimated tax payments
Our pricing
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Ongoing financial planning
Pay It Forward Financial Planning clients pay a monthly fee for non-investment management services.
Fees can range from $100 - $350 per month depending on your income level and complexity.
You will be provided a proposed fee prior to engagement. -
investment management
Our clients pay a separate monthly fee for investment management. This fee is deducted from your investment account(s). The fee is structured as follows:
$0 - $500,000: $200/month
$500,001 - $1,000,000: $350/month
$1,000,001 - $1,500,000: $500/month
$1,500,001 - $2,500,000: $650/month
$2,500,001 and above: $800/month