Financial Fitness

​​WHAT IS FINANCIAL FITNESS?
We are a Financial Services Company that take a health in finance approach to inform, educate and coach our clients to help them achieve their ultimate life & financial goals.

Schedule a Financial Fitness Physical

Financial Services Reimagined.

Unlike traditional firms that only care about how much money you have;  Our goal is to help clients regardless of net-worth.

 Clients are our focus. Your best interest is our top priority.  As an independent firm, we are not tied to offering specific or limited products. This means that our recommendations are based on your unique situation and not on outside factors or influence. As a result, you’ll have an unbiased set of recommendations.

Why should I hire a financial advisor to manage my money?

A financial advisor will be able to connect all of the financial dots in order to provide you with an overall plan to meet your financial goals. 

He or she should have training and experience in all kinds of financial products and financial aspects of your life – equities, bonds, insurance, taxes & estate planning – in order to make the right recommendations for your personal situation.  A financial advisor can also save you thousands of dollars in tax deductions and find higher-yielding investment products at little or no extra risk.


Financial Fitness Advisors are licensed professionals with the necessary training needed to make comprehensive recommendations.  As an independent firm, Financial Fitness is proud with its ability to provide unbiased recommendations based on our client's unique situation.

How much does a financial advisor cost?

A financial advisor charges based in two ways: commission or fee-only. The amount will usually be a percentage of each transaction or assets under management.  In some cases an advisor may charge an hourly rate or will quote a specified fee for the services provided.

Financial Fitness believes in transparency.   Once we've completed your no cost / no obligation initial Financial Fitness Physical;  Next step is to  discuss our recommendations based on your situation.  In this meeting,  we go over the small details before moving forward.  

What is the difference between asset allocation and diversification?

Asset allocation refers to the diversity of your entire savings and investment portfolio across asset classes. Stocks, bonds, cash and real estate are asset classes. Diversification refers to the types of investments held within each class. For example, both 3M and Union Pacific are high-cap equities in the Industrials sector. Because they're in the same sector, these two stocks are likely to move up or down together. However, Tyson Foods is in the Consumer Staples sector. It is not likely to move in tandem with 3M or Union Pacific. Owning 3M and Tyson Foods provides diversification within the asset class of stocks. But that's not enough. A portfolio that invests in multiple types of assets, not just stocks, is also important.
 

What is involved in financial planning?

Financial planning looks at a person's overall financial picture. A financial advisor will often ask a prospective client to fill out an extensive questionnaire in order to understand his or her financial needs and goals. The planner will usually put together a detailed, short-term 5-year plan designed to improve the client's overall financial position. That may be followed by a long-term plan, along with suggestions about how to save and invest for retirement and a child's college education at the same time. The advisor will also look at ways to reduce current and future tax liabilities and protect assets by having the proper life, health, disability and long-term care insurance coverage in place. Finally, he or she may offer suggestions on estate planning.

 
 

Where can I find a financial advisor who has no ties to any companies who push for selling products?

Financial Fitness is an Independent firm. This means that Financial Fitness Advisors are not tied to specific companies or products. As an independent firm we provide unbiased guidance tailored to your unique situation.

What is a time horizon?

Time horizon refers to the amount of time a person has to save for a particular event. For example, the time horizon for a college savings account might be 10 years for the parents of an eight-year old child, but 15 years for the parents of a three-year old. Likewise, the time horizon for a 30-year old saving for retirement might be 35 years, whereas it might be 15 years for a 60-year old who started saving late in life.

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McNally Financial Services serves as a support resource to provide guidance and ensure compliance. McNally is a member of the Financial Industry Regulatory Authority (FINRA), Securities Investors Protection Corporation (SIPC) and the Securities Industry and Financial Markets Association (SIFMA). 



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Bank of New York was founded in 1784, the longest-lasting financial institution in the United States. Pershing & Company was founded in 1939. In 2007, the merger of Bank of New York and Mellon Financial Corporation formed BNY Mellon. Today BNY Mellon is the Investment Company for the world, providing Pershing and all it’s clients the backing and resources of a global leader.