In 1979, interviewers asked new graduates from the Harvard MBA Program a simple question: “Have you set clear, written goals for your future and made plans to accomplish them?” They found that:
84% had no specific goals at all
13% had goals but they were not committed to paper
3% had clear, written goals and plans to accomplish them
In 1989, the interviewers again interviewed the graduates of that class. You can guess the results. The 13 percent of the class who had goals were earning, on average, twice as much as the 84 percent who had no goals at all. Even more staggering – the three percent who had clear, written goals were earning, on average, ten times as much as the other 97 percent put together.
My purpose is to help you and your family crystalize and prioritize your goals and be a guide to help you achieve them.
Our Client Brochure discloses that we provide Financial Planning and Investment Advisory services to individuals, high net worth individuals, families, business owners, corporate pension and profit-sharing plans, charitable institutions, foundations, and endowments.
More than anything, we enjoy working with people that are engaged in the process, are open and honest and value what we do. We work with people in an ongoing relationship built on mutual trust and respect.
We steer clear of people that want to GRQ (Get Rich Quick), or those that think that we have a crystal ball and can predict the future of market movement.
We do the time to educate our clients and point out human behavior that can prevent excessive emotions of fear and greed.
We will address your concerns and may discuss the big picture as it relates to your goals and objectives and what you may already be doing to achieving them.
Yes. We are set up to work with clients in any location with an internet connection. We use tools and technology that allow us to communicate effectively remotely as well as in person.
Yes. The worldly philosophy of Hillel’s namesake, Hillel the Elder states:
“If I am not for myself, Who Will be for me?
If I am only for myself, Who am I?
If not now, when?”
Applying this to financial planning and investment advisory services, I would suggest that:
“If I am not for myself, Who Will be for me?”, means – it is the prime obligation to take care of yourself and your own needs first.
“If I am only for myself, Who am I?”, means – that if you accumulate all the wealth for yourself alone, how meaningful will this be for you. Helping your family, your community and giving back will add meaning to your life.
“If not now, when?”, means – the answer is NOW! Taking meaningful action today will help you move in your desired direction.
If you wish to meet at my office, we can do so. However, I have found that most people have commitments that may make traveling a great distance to meet in my office not be a good use of your time and may be disruptive to your schedule.
At HK Financial, we have invested in systems to serve you at your convenience. While face-to-face communication may be preferred, with the use of an internet connection, we can have meaningful conversations and interactions using your smartphone, tablet, or screen sharing on the computer at any time.
As a fiduciary I believe in placing your best interests first.
I committed to the following the five fiduciary principles:
- I will always put your best interests first.
- I will act with prudence; that is, with the skill, care, diligence, and good judgment of a professional.
- I will not mislead you, and I will provide conspicuous, full and fair disclosure of all important facts.
- I will avoid conflicts of interest.
- I will fully disclose and fairly manage, in your favor, any unavoidable conflicts.
You should expect someone that treats you with respect, and that gives you the time and attention you need to feel that you are making progress towards your goals.
You should expect honesty, trustworthiness, professionalism, and responsiveness.
We have two fee schedules. The one that applies will depend on which service we are engaged to provide.
The Financial Life Planning service includes both financial planning and investment advisory services. The Life Planning fee schedule is a flat-fee based on your net worth at the time of engagement and may be reviewed and adjusted periodically.
The Investment Advisory Fee Schedule is based on a percentage of assets under management or advisement.
See Item 5 – Fees and Compensation in the HK Financial, Inc. Form ADV. This is also known as the Part 2 Brochure.
You may use any custodian or brokerage firm to maintain custody over your accounts. Regardless of where the accounts are held, HK Financial will advise as appropriate on your accounts.
We may suggest that you use either Charles Schwab & Company or TD Ameritrade as your broker and custodian for assets managed by HK Financial. However, we have no relationship with Charles Schwab or TD Ameritrade in any way other than the ability to manage your accounts.
You will receive statements of account directly from your custodian.
How is HK Financial Different?
We offer a complimentary and confidential introductory meeting designed specifically to learn more about your situation, goals and objectives, as well as to establish what we can do to help you.
- Fee-Only (no commissions.)
- Fiduciary (We work in our clients best interest at all times.)
- Over 30 yrs Financial Planning and Investment Advisory Experience.
- Holistic – Through the financial planning process, we listen and learn about a client’s whole picture, family, deep personal goals and lifelong objectives.