FAQs

With enough time and devotion you can do most things you set your mind to including managing your own investments and creating a solid financial plan for yourself.  Consider the following though:

• Do you want to devote the time and energy it will take to amass the knowledge needed when you have so many other things going on in your life?
• Will you stay up-to-date with the constantly changing rules?
• Are you aware of the effect one financial decision can have on many others?
• Is there a chance that there are some things that without years of experience and training you don’t even know, you don’t know?
• Even if you know what to do, will you have the discipline to follow through and do it?
• Are you able to see where you may have behavioral biases?
• Can you see where your emotions around money may be negatively affecting your decision making?

In addition to having someone who is knowledgeable that you can easily contact when issues arise, having someone to hold you accountable and help you take your emotions into account can be invaluable.

Harrison Financial Planning is a fee-only firm. We are compensated only by you, the client.  We don’t make commissions by selling products or receive compensation from making referrals to other professionals.  This compensation structure is the most objective available. Our fees are transparent and minimize conflicts of interest. You can rest assured knowing that if we make a recommendation it is because we feel it is in your best interest, not because we get paid to do so or have some quota to meet.

It’s not what they typically tell you to do in business school, but Harrison Financial Planning is positioned as the low-cost, high-service provider.

We provide the most high-touch service and charge the least to do it.

How can this be, you say?

Harrison Financial Planning does not have high overhead expenses. We aren’t putting our money towards a fancy office or sending 30% or more of our profits back to the home office to pay for the multimillion dollar executive salaries. We aren’t sending our top advisors (more aptly labeled, top salespeople) on fancy trips for hitting their production quotas or sponsoring football stadiums. We don’t have shareholders to keep happy, just our clients.

Harrison Financial Planning has a transparent fee structure. Most advisory firms do not. Their fees are embedded in the products they sell. Typically by the time you reach $300,000 in assets under management with other advisory firms you are paying more than Harrison Financial Planning’s minimum annual fee (which covers $625,000 in managed assets), it is just being hidden from you.

How about when it comes to service?

Harrison Financial Planning is in the trenches with you. We are doing in-depth tax and income planning. We are sitting in your estate planning meetings and then ensuring you take the next steps to put the plan in action. We are walking through your employer investments and benefits and telling you what buttons to push. We are filling out your retirement and pension forms that are confusing and nerve-wracking. We are running scenario after scenario to make sure you feel comfortable in the decisions you are making. We are involving your children and handling emotionally charged conversations. In essence, we are your financial friend.

There are many factors that make Harrison Financial Planning different from other advisory firms. For one, Harrison Financial Planning is completely independent. The firm is a small, woman-owned business not associated with a brokerage. We make decisions without a large corporation dictating what we can and cannot do for our clients. Our focus is not on the bottom line.

There is a reason why our firm is called Harrison Financial Planning, we put financial planning first. The majority of advisory firms focus primarily on investments and dabble a bit into planning. We are there to help with every financial decision that arises and we assist with implementing what we recommend.

Harrison Financial Planning also understands that money isn’t just a technical subject, it’s an emotional one as well. We sit with our clients through the ups and downs and create plans and action items that suit their needs which can change throughout the seasons of life.

A fiduciary is a person or organization that acts on behalf of another person or persons, putting their clients’ interest ahead of their own.  It is hard to believe, but a very large number of financial advisors aren’t held to the fiduciary standard or they are only required to uphold it during certain transactions.

We abide by the fiduciary standard at all times. Your interests will always be placed first.

Unlike many wealth management firms, you do not have to have a certain amount of investable assets to work with us. We want to be able to help you at any stage of your life and know that you may not have any current savings or investments outside of your employer sponsored plan.

Absolutely! We are fully equipped to work with clients throughout the country. 2020 taught us that we don’t have to be location dependent and that there are even benefits to being able to interact without being face-to-face. We can meet by phone or virtually and utilize technology to handle all of our client’s needs. Schedule a time to meet with us.

We are happy to meet in person with those we serve after the initial complimentary consultation. Our office is located in the Peach Way Suites in south Columbia, MO off of Providence Road near Rockbridge High School.

Schedule a complimentary consultation to see if we would be a good fit.  It’s as easy as finding a time on our calendar.