The BKFi Family Plan
Your parents may have covered your cell phone bill for years.
Now it might be time to return the favor—with financial clarity and peace of mind.
Your parents need a trusted advisor to navigate retirement, life changes, and a rapidly evolving tax environment.
They also likely want you to be more involved and aware as they get older.
Unlike “your parents’ advisor,” we offer a transparent fee structure, actually prepare and file tax returns, manage investment portfolios and cash flow, and bring everything together under one roof.
We can help facilitate conversations across generations.
Consider this paying it forward, for more than a few years of family support.
But the BKFi Family Plan doesn’t stop there.
But wait, isn’t BKFi mainly for folks in tech or small business owners? I thought your average client age was like 40?
You’re not wrong that our clients tend to be on the younger side of 50, but hey, we started this thing more than a decade ago, and no one is getting any younger.
The CFPs on our team are highly trained in retirement planning (just another word for financial independence, which is the “F-i” in BKFi).
Most clients’ parents whom we met with had an advisor who didn’t help with taxes or tax planning.
Having a relationship across generations has led to much better conversations and reduced uncertainty in everyone’s financial plan.
What Is The Process For BKFi Family?
We’re always happy to talk with any of your friends or family members to see if we’re a good fit.
If we are, here’s what that process will look like.
For Your Parents:
A get-organized meeting to gather documents and get a full review of their situation
A life planning session to get into their goals
Retirement cash flow forecasting, tax planning, and investment discussion.
Investments and insurance review
Free estate plan via trust and will
Access to tax prep svcs
We’ll open and set up accounts for them for us to manage
We are happy to invite your kids to any of these meetings (if you want them there!)
For Your Kids:
If you’re on the other end of the planning scale and want us to discuss planning with your kids, we can help with that too. Whether they should set up a Roth IRA or navigate their first job or internship, our team is here to help.
We’ll set them up with a complementary call with one of our CFPs so they can get off to the right start in their financial lives
Pricing:
As part of our family plan, and in recognition of our relationship with you, we’ll waive the typical monthly planning fee for an engagement with your parents. They’ll simply pay us investment management fees and a separate fee for tax prep if they elect to have us file the returns.