Wealth Management | Investing | Life Events

Financial Planning

At Harbor, we are proud of the high quality financial planning that sets us apart from other firms. As a member of NAPFA, the National Association of Personal Financial Advisors, we share the organization’s commitment to the highest of professional standards and to offering conflict-free advice to every client.

Financial planning is often explored for life events such as saving for college and retirement. A job change, business sale, or inheritance comes with many questions. Financial planning also allows for the pursuit of hobbies, travel, and your unique lifestyle.

Our CERTIFIED FINANCIAL PLANNER™ Professionals start with you: your goals, your needs, your attitudes and your opinions. Building upon this foundation, we work closely with your other advisors to deliver a custom comprehensive plan.

The plan is not the final product, but rather the proverbial first step. Our CERTIFIED FINANCIAL PLANNER™ Professionals continue working closely with our clients to build and solidify the fiduciary relationship that comes from handling their financial affairs.

We believe that the implementation of the plan is as equally important as its development and delivery. These steps go hand-in-hand, and we work diligently to ensure that your financial plan continues moving forward, closer to your goals and dreams.

Contact our Boulder or Denver, Colorado CERTIFIED FINANCIAL PLANNER™ Professionals today!

Divorce Planning

Divorce is a confusing time, emotionally, mentally and financially. You will be splitting one household with one or two incomes into two households. In the simplest of cases this is difficult, in the most complex, it’s nearly insurmountable. Questions we can help answer include; what does my budget look like after taxes? How much do I need to save for the time when maintenance ends? How much will I need to save to catch up after I finish paying maintenance to my ex-spouse? Is proposed lifestyle sustainable? What are the tax implications of the various accounts my spouse is offering me in the split? Should I ask for assets in our bank account or retirement accounts? Can I afford to stay in our family home to have stability for the kids? How do I get a new mortgage in my name?

How we do this? We will ask you for various statements, sworn financial statements, information about your budget and income. We can then assist with questions you may have about your assets including complex long term effects of those decisions. If you need a full financial plan, we take into account your cash-flow, available assets, proposed settlement and maintenance amounts and combine it with growth rates on investments, inflation and expenses to provide a comprehensive projection of what your financial life may look like. Along with Megan’s CERTIFIED FINANCIAL PLANNER™ certification, she has achieved the designation of Certified Divorce Financial Analyst ®. This designation provides specialty knowledge and training for divorce specific planning items. Lastly, we have a highly trained staff and sophisticated software which allows us to explore multiple scenarios and provide a clear output.

How much does this cost? Due to the individual needs of each client, the costs may vary. We can help with initial questions through an hourly arrangement for as much or as little help as you may need. Our hourly rates start at $120 and go to $400 for the most complicated aspects of the engagement. If you would like a full- comprehensive financial plan, costs range between $1,500 - $4,000 for most engagements.

Contact us today to schedule a complimentary consultation to learn about how we may assist with your questions and an estimate of what it might cost. The information you will gain from our help is incredibly valuable as you plan your next steps and make expensive financial decisions.

FAQs

Can you help with decisions before we file for divorce?
Yes- We can be of assistance before, during and after the divorce.

I have hired an attorney, why would I need your help also?
Our specialty is finance and how each piece of your financial picture fits together. We have decades of combined experience to ensure you are maximizing the efficiency of your investments, savings, spending and financial decisions. We do not provide any legal advice and will work with your attorney to ensure we are helping them understand what is best for you in your divorce.

What if I can’t afford your help?
We understand that legal and financial assistance is expensive and can be out of reach for many. We have created a regular event where we host professionals from the Legal and Financial community to host a workshop on Divorce. Check our Facebook page for more information on the next event and other helpful links.