Reach Your Goals


Personalized Approach

Using a personalized, concierge-style approach, our primary goal is to help you successfully navigate through various financial options. Financial planning is about identifying the things that are important to you in your life and helping you achieve them. It encompasses your own goals and constraints, the economic environment, current tax laws, and realistic investment expectations.

We fully realize that everyone’s financial situation is unique. Our comprehensive process analyzes your financial position and lifestyle, creates integrated action plans, and executes the plan. Our duty is to act as your personal Chief Financial Officer, giving you the information needed to make effective financial decisions.

 Why Plan With Index Gurus

The Highest Standard of Knowledge and Trust in Financial Planning

If your financial life seems to be spinning out of control, you’re not alone.

Today more than ever, CERTIFIED FINANCIAL PLANNER™ professionals like Faruk Jaffer are an essential resource. From budgeting, to planning for retirement, to saving for education, to managing your taxes and your insurance coverage, “finances” doesn’t mean just one thing for most Americans — and “financial planning” means much more than just investing. Bringing all the pieces of your financial life together is a challenging task.

Although many professionals may call themselves “financial planners,” CFP® professionals have completed extensive training and experience requirements and are held to rigorous ethical standards. They understand all the complexities of the changing financial climate and will make recommendations in your best interest.

Your Chartered Financial Consultant® has completed the most extensive educational program required for any financial services credential. Each ChFC® has taken nine or more college-level courses on all aspects of financial planning from The American College, a non-profit educator with the highest level of academic accreditation.

The Highest Standard of Knowledge and Trust in Financial Planning

Your Chartered Financial Consultant® has completed the most extensive educational program required for any financial services credential. Each ChFC® has taken nine or more college-level courses on all aspects of financial planning from The American College, a non-profit educator with the highest level of academic accreditation.

The average study time for the program is over 400 hours, and advisors frequently spend years earning this coveted distinction. Each ChFC® must also complete a minimum of 30 hours of continuing education every two years, adhere to strict ethical standards, and meet extensive experience requirements to ensure that you get the professional financial advice you need.

Basic Financial Planning Package

 

Retirement Planning

Are you going to be able to retire to the lifestyle you dream of? If you’re like most Americans, retirement planning is a major concern for you. Do you worry about:

  • The rising cost of healthcare?
  • When to start your retirement?
  • How to protect your assets?
  • Your ability to leave an inheritance?
  • Converting your assets to retirement income?

If you are worried about being able to enjoy your own retirement, one way to begin easing those concerns is to think about what you want retirement to look like. How will you spend your time?  Where do you want to live?  What do you expect your health to be like? Will you spend more time on travel, family, community, or volunteer work? What are your retirement dreams?

Index Gurus will work with you to determine your current financial status, evaluate your goals, develop a sound retirement plan (cash-flow based) to meet those goals, and monitor your future progress.

Tax Planning

Our role in tax planning is to suggest tax-saving strategies to clients as part of their overall financial plan, then to work with clients’ accountants and attorneys to implement those strategies.

Tax planning services include:

  • Asset location: allocate assets by tax strategy
  • Wealth transfer strategies
  • Roth IRA conversion strategy
  • Tax reduction strategies
  • Incentive compensation structure

We encourage clients not to overlook basic tax planning strategies like maximizing deductions and making maximum contributions to retirement plans. We also can help small business owners with more complex strategies, like using defined benefit plans, defined contribution and deferred compensations plans like 401k and SEP IRA, and various corporations to take advantage of tax-savings.

Estate Planning

Index Gurus works with clients and their attorneys to be sure that their estate planning documents accurately reflect the legacies they want to leave. After understanding your financial situation, Index Gurus may find that you need a simple will. For others, we may recommend sophisticated estate planning options such as a variety of trusts that may help clients avoid the expense and public nature of probate as well as minimize estate taxes.

Cash Flow Management

During your wealth accumulation years, the goal of cash flow management is to provide adequate funding for future spending needs. This may include needs like funding college education and creating wealth to provide a stable income at retirement.  It also entails building an adequate emergency reserve and setting aside savings for more frequent needs like car purchases, repairs, and vacations.

In retirement, the goal of cash flow management is to provide a cushion in order to meet you daily financial needs.  The rest of your portfolio may be allocated for other objectives like income generation or long-term growth.

Index Gurus will help you achieve a smooth and continuous cash flow through a well-diversified portfolio that encompasses a broad range of asset classes. In addition, we help clients plan for retirement well in advance so they are prepared for the transition from accumulating assets to using assets.

Insurance Planning

Risk management is a major component of a financial plan. For most clients this means insurance. Having the right insurance can save your assets, but being over-insured can be damaging to your financial health.

Index Gurus will assess your current insurance and recommend types of insurance protection.  As your financial health grows, we will periodically review insurance coverage.  As a client-centered, fee-only financial planning firm, Index Gurus does not sell any insurance products such as annuities or whole life policies; instead we help our clients through sound insurance planning.

Entrepreneurship Consulting

Faruk is a serial entrepreneur who founded Index Gurus and a software company.  He is a huge advocate for the fellow entrepreneur and believes that anyone can succeed and compete with the right mentorship and hard work.  The initial coaching session will guide the entrepreneur to understand the competition and then to demonstrate how they will stand out.  Next you will create and execute a custom business plan that addresses concerns like incorporation, marketing, compliance, finance and operations.

The cost for entrepreneurial consulting is not included in the Basic Financial Planning package.  It can be negotiated by the hour or project.

Pricing: Planning

 

Data Gathering & Design Fee: $600
Monthly retainer fees (recurring optional): $90
Total Initial Payment: $690

If you want to feel more confident and to reduce financial anxiety, or you want to proactively plan for your family’s financial future, the Basic Financial Planning Package is right for you.

After the data gathering and design fee, meetings may be in person or over the phone/internet. The ongoing monthly retainer is ideal for ongoing coaching so that we can check your progress, answer questions, and determine next actions.

Client-centered, fee-only planners, like Index Gurus, are compensated for their knowledge and services, much like an attorney or a physician. We do not receive commissions from the sale of products such as insurance or investments.

 

Your Next Steps

Free Discovery Meeting

We believe that taking a step – even a small one – can start you on a path to positive change. So we offer you the support you need to take actions that are right for you, right now. As well as ongoing feedback to help you believe in what you’ve done and build confidence in what’s to come. The choices you make – what to buy and what not to buy, how much to save, how to invest and much, much more – can make a difference in your life, today and in the future.

Ongoing, one-on-one financial advice can help you discover answers to the questions that can make a big difference – like evaluating your overall asset allocation including your 401k assets, where you stand relative to your goals, and what actions you can take to keep moving in the right direction. When you partner with Index Gurus, you’ll have a trusted resource for comprehensive, objective, and affordable financial advice. The first step in our process begins with you taking action. We look forward to taking this journey with you.