Have you been searching for objective financial advice?

Timothy Financial helps you clarify your financial goals, see the big picture, and put together an action plan that makes sense and is easy to implement.

A good financial plan looks at all aspects of your financial life. Topics include retirement planning, specific investment recommendations, tax planning, college saving, risk management review, estate planning, and more.

We are fee-only fiduciary financial planners which means we:
  • Always act in good faith and with candor.
  • Are proactive in disclosing any conflicts of interest that may impact a client.
  • Do not accept any referral fees, commissions, or compensation contingent upon the purchase or sale of a financial product or any other hidden fees.

Our services:

A full plan (the most cost-efficient) includes all of the following four areas listed but in most cases advice can be provided unbundled and on an as-needed basis.

CASH FLOW/RETIREMENT COUNSEL

Provide a detailed plan and expert advice that equips a client to efficiently and effectively achieve their goals.

INVESTMENT ANALYSIS

Analyze clients’ investment strategies relative to their goals, risk tolerance, and time horizon and provide specific recommendations for each individual client.

RISK MANAGEMENT

Evaluate insurance needs, amount, type, and duration based on a client’s goals.

ESTATE PLANNING COUNSEL/DESIGN

Assist clients, executor, and/or trustee in estate plan decision-making or design. Can work with your attorney to ensure your wishes will be executed upon your passing.

Our financial planning process is simple

  1. After you have reviewed our site, contact us to arrange a no-obligation introductory meeting (virtual or in-person). We will schedule a phone appointment to discuss briefly your needs and get an introductory meeting on our calendars.
  2. At the introductory meeting, we will answer your questions and gather sufficient information to provide you a firm quote for our initial services.
  3. Once the quote is approved by you, we help you securely gather your data.
  4. We perform an in-depth review of your current financial situation and develop a clearly written plan that fits your individualized objectives and risk tolerance.
  5. We review our recommendations with you in detail at our presentation meeting and answer any questions you might have. We may present alternate scenarios and show the financial impact of various decisions.
  6. Once your plan is finalized, you will have all the steps necessary to take action on our recommendations or our client service team can help you implement your plan if you desire.

A good plan is never finished. Most clients continue to engage our services for regular review meetings and to answer questions as they arise or life circumstances change.


How complex is your financial life?

Review the chart below to discern the level of complexity of your financial life. We want you to feel comfortable before you even connect with us.

Visit our fees page to learn more about costs of each level or call our office at (630) 681-0700, ext. 107 and arrange a no-obligation introductory meeting.

Gauge your level of complexity

This chart lists most of the different aspects of financial planning. The levels represent the degree of complexity and will help you get an idea of how much financial planning will cost with Timothy Financial Counsel. To review our pricing for each level, visit our fees page.

Cash Flow Services

1

2

3

4

5

Level and vehicle for emergency fund
How/when to pay off debt
Employment benefits review
College Education Planning
Contributions to 401(k) and IRA
Five-year cash flow projection
Retirement projections
Income tax planning
Home purchase decision
Charitable giving strategy
Social security planning
Pension election planning
Retirement withdrawal planning
Timing of retirement
“Windfall” planning (inheritance, business sale, severance, etc.) Basic Low Medium High
Stock options/restricted stock strategies Low Medium High
Deferred compensation strategies Low Medium High
Small business retirement plan selection Low Medium High
Pre-65 healthcare planning Low Medium High
Job/career change evaluation Low Medium High

Investments Services

1

2

3

4

5

Asset class allocation
Specific advice for
current employment
retirement plan only
One
Specific advice for multiple retirement accounts Few Some Many A lot
Specific advice for multiple retirement and taxable accounts Few Some Many A lot
Guidance on variable annuities One Few Many

Insurance Services

1

2

3

4

5

General advice on types and amounts of life insurance
Specific advice on types and amounts of life insurance
General property/casualty liability, disability, and long-term care advice
Specific advice on existing term life insurance policies
Specific advice on existing term and permanent life insurance policies
Long-term care cash flow analysis

Estate Services

1

2

3

4

5

Basic estate planning advice
Estate design
Review of existing documents
Charitable estate planning
Estate settlement advice
Irrevocable trusts

Why do people hire us?

Validation

We offer clients an independent validation of their financial decisions.

“Am I on the right track?”

Ideation

We offer clients new ideas and strategies they may not have thought of on their own.

“Are there things I should be doing differently?”

Trusted Thought Partner

We are a trusted resource for you.

“Who will be my thought partner in the future when my situation or external circumstances change?”

Family Resource

We are a resource to your spouse and children.

“Who will I turn to if something happens to my spouse?”

“Who can help prepare my children to manage their finances well?”