Financial Planning Service

Financial planning service involves reviewing the client's financial affairs, determining goals, objectives, and an investment strategy, and creating a detailed written plan that is used by the Clients to implement the investment strategy. The plan is the "client compass" that will guide Clients to their financial goals.

A Unique Approach

Turloff Financial Consulting, Inc. focuses on helping the people to become educated in the investment process. This approach provides the Clients with the tools to manage their investment portfolios and evaluate future investment opportunities while reducing long-term costs.

• The process starts with a complimentary consultation. The purpose is to detemine how the Client can benefit from having a formal financial plan and to determine the scope of the plan.
• In the second step, a written agreement is established, outlining the scope of work and the fee.
• The third step is to gather all relevant information about the Client; including current financial situation, income, family obligations, long and short term goals, and future needs for cash.
• The fourth step has two outcomes:

1. Development of a formal written plan which will include the Client's goals and objectives, investment risk tolerance, asset allocation, investment guidelines and a process for evaluating results.
2. Education in the investment process. Here Clients learn how to manage their own financial investments.

• The final step is to implement the plan. Having been educated in the investment process, the Client assumes responsibility for this step. Turloff Financial Consulting, Inc. is available for consultation for a period of six months following the consultation.

Benefits of a Fee-Only Adviser

Benefits of Establishing a Written Plan

• Provides Clients with a road map for achieving their financial objectives;
• Is a tool to evaluate future investment opportunities;
• Provides a customized mechanism for measuring the performance of a Client's unique portfolio;
• Helps promote harmony within the household;
• Significantly increases the likelihood of obtaining goal.

Professional Credentials

Eric Turloff was born in Michigan and has lived in Seattle since 1984. He holds a Bachelor's Degree in Business Administration from the University of Michigan, 1978. His Certified Public Accountant (CPA) certificate was granted in 1980. He was awarded the Chartered Financial Analyst (CFA) charter in 2000. He is a member of the Washington Society of Certified Public Accountants, a member of the Seattle Society of Financial Analysts and a member of the Association for Investment Management and Research. Eric Turloff's work experience includes 5 years of public accounting and 18 years of finance and planning.