Favored Financial Planning

Favored Financial Planning is a fee-only, registered investment adviser that primarily serves middle‑income individuals and families with personalized, tax‑focused financial planning and portfolio management. Services described in the brochure include ongoing investment management, individual tax planning and preparation, retirement and estate planning, project‑based engagements, educational seminars, and occasional pro bono consultations.

The firm tailors investment recommendations to each client’s tax situation, risk tolerance and goals, relying on public research and internal analysis to construct portfolios that emphasize no‑load mutual funds, ETFs, U.S. government bonds and cash‑equivalents. It may trade on a discretionary basis when clients grant written authorization via a limited power of attorney and performs account reviews typically annually or as client circumstances require.

A distinguishing operational feature is that the firm does not rely on a standard percentage‑of‑assets fee model; fees are calculated from factors such as client needs, complexity, estimated time and a marketable‑asset fee schedule, and project work and seminars are billed under separate arrangements. The advisory principal holds both CFP® and Enrolled Agent credentials, provides tax preparation and IRS representation, participates in professional advisor networks and workplace financial‑wellness programs, and manages roughly $3.4 million in discretionary assets for a small client base.