Black Financial Planning, LLC

Black Financial Planning serves individuals, high‑net‑worth clients, trusts, estates, charitable organizations and business entities by providing financial planning and consulting and by referring clients to third‑party money managers. The firm prepares tailored financial plans and assists clients with implementation through outside managers rather than providing discretionary portfolio management directly.

The firm’s process centers on documenting client goals and risk tolerances, developing customized plans, and recommending third‑party managers when appropriate; it also monitors manager performance and helps clients complete necessary paperwork and reporting. Client relationships are handled on a case‑by‑case basis, with the firm disclosing material information about recommended managers and relying on written agreements for any third‑party services.

Noteworthy features include the principals’ ongoing insurance agency activities and the firm’s receipt of referral and incentive compensation from recommended third‑party managers, arrangements the brochure identifies as potential conflicts and describes as mitigated through disclosure and fiduciary obligations. The firm also differs from many independent solo advisers by not directly managing client assets or regularly using a percentage‑of‑assets fee model, instead relying on hourly planning engagements and external manager relationships for investment implementation.