CFM Blog

Why do I Need a Financial Plan?

What is Financial Planning?

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Think of a financial plan as a map of your financial future. Financial planning is the process of defining your goals, taking an inventory of your current financial situation, and devising a strategy to achieve your goals. Then, after you implement the plan’s actions, you review the progress made toward your goals, and revise your plan as needed. Financial planning is not a one-time exercise, but rather a lifelong process.READ MORE

What Do Advisors And Beer Have In Common?

What comes to mind when you hear the following: “made locally with the finest ingredients by passionate people committed to the process and the product?” My first thought is, “a new craft brewery must be opening down the street,” but it also describes a major trend in the seemingly unrelated world of wealth management – the rise of Registered Investment Advisors (RIAs). If RIAs sounds like Wall Street jargon to you, think of them as “craft advisors.”
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Prospect Theory – The Pain of Market Dips

For the last few months, it has not been pleasant to look at your investment and retirement account statements. Some of you might have decided not to open the statements. Others fret: What to do? How to make sense of the myriad of expert explanations you hear and read?READ MORE

CFM Ski Day 2016

Team CFM had a great day on the slopes at Eldora for our annual ski day.  Work hard, play hard!

All About Alternative Investments

Alternative investments are receiving more attention in the press with the low interest rate environment and recent volatility in the stock market. However, alternative investments have been around for decades. What are alternative investments and why should you consider them in your portfolio?READ MORE