Budgeting: We help you take an inventory of your yearly income sources and expenses. How well are you living within your means? How well are you controlling your spending? Are you reaching your earnings plans and goals? Are you exploring and accessing the many ways available to increase your income and decrease your spending? These are basic building blocks for financial wealth.
Planning: Once your Budget is producing a yearly net profit, what should be done with the excess? We will help you map out a course to build your wealth and manage/reduce your risk. Far too many focus on building wealth and then lose everything by failing to address potential risks. Managing & reducing risk is crucial.
Traditional approaches include the management of Cash, Traditional & Roth IRAs, 401K Rollovers, Annuities, etc. Alternative approaches may utilize Self-Directed IRAs, Personal & Business Trading Accounts, etc.
Various types of investments may include: Stocks; Bonds; CDs; Cash Savings; Mutual Funds; ETFs; Commodities; Currencies; Insurance; Annuities; Real Estate; Precious Metals; Farming; Businesses; etc.
Assets may be managed by us or through a third-party investment firm.
For those who prefer to be more hands-on, we also provide trader-education services and support.
Financial Risk is about what happens to our wealth if this happens or that happens. Yes, stuff happens! There are ways to help protect ourselves. One of the most common ways is insurance. Two ways to managing Financial Risk is by hedging investments and taking advantage of the leverage provided by various insurance products. We work with you, according to your budget and need, to find the best solutions. More information may be found at our sister company, Securus Life.
- Mutual Interview: Call us for a mutual 1-hour interview appointment. We can meet in-person or set up a video conference call. Then, we mutually decide if we want to go to the next step.
- Contracting: We decide, together, what services you currently need. There are two different 1-year Contract Agreements available. One is for Financial Planning. The other is for Asset Management. You may be interested in one, or both Contract Agreements. Contracting is done in-person or via email e-signatures.
- Data Collection: Now it is time to get into the numbers. Budgeting, Planning, and/or Asset Management requires taking an inventory of everything. It is like going to the doctor for a physical. What ever you reveal will be looked at. Whatever you hide won’t be looked at. What you hold back could cost you everything. This is where trust and confidentiality begins. Sometimes it can be scary, even embarrassing. But, it is vital for your future to communicate your strengths and weaknesses, honestly. We will build on your strengths and shore-up your weaknesses. Data Collection really must be completed in person, in order to provide you the best possible care and service.
- Financial Planning Report: Within a week after Data Collection, we meet again, in person or by video conference, to review your Financial Planning Report and discuss Advisory solutions to match your needs and goals. Together, we will decide what is the best solution and proceed accordingly.
Gratia Financial is a “Fee Only” Registered Investment Advisory (RIA). As an RIA, we have hourly or set-fees for the services that we offer.
Financial Advisory fees are assessed and offered through four plans: Bronze, Silver, Gold, and Platinum. These are packaged plans. Our services may also be negotiated on an hourly or per diem basis.
Gratia Financial’s fees structure is unique to the industry. Every effort has been made to provide clients with reasonable and fair prices so that more people might afford and benefit from Life and Financial Advisory services.
Our Fee Structure can be viewed under the ADV Part2A&B Disclosure Form section of The Firm.
The owners of Gratia Financial, LLC are also owners of Securus Life, an agency providing numerous life, accident, and health insurance and annuity products. Insurance compensation IS based on commission and NOT fees. Clients, if applicable, may freely choose the insurance company they desire. Clients are not obligated to purchase such products from Securus Life.