Clear Creek Financial Management
Clear Creek Financial Management’s focus is to equip each of our clients with the best education, advice, and investment expertise to achieve their financial goals. We do not “sell” any financial products, and do not believe in any one-size fits all solutions. This means no hidden fee’s and more importantly no conflicts of interest. Our clients do not pay “loads” for investment products or long surrender period penalties. Our team is headed by Ben Warren a Certified Financial Planner, Brian Deely, and Joe Gates.
Certified Financial Planner™
To obtain the credentials of the Certified Financial Planner™ designation the advisor must complete extensive education, pass a ten-hour, two-day comprehensive test, and have a minimum of three years experience. This education comprises of seven key areas:
- Income Tax Planning
- Retirement Planning
- Employee Benefits
- Estate Planning
- Risk Management
Through the Code of Ethics, CFP® practitioners agree to act fairly and diligently when providing their clients with financial planning advice and services, putting your interests first. Additionally, a CFP® will engage in an integrated approach coordinating legal, accounting, and assets held away (i.e. 401k, pension, private placement, etc.).
Broker Dealer vs. Registered Investment Advisor
Brokers typically are compensated by charging a commission on the sale of an investment product. In contrast, Registered Investment Advisors more typically charge fees for advice. Finally, brokers are held to “fair dealing” standards of commerce and are subject to a “suitability” standard of care with their clients, meaning that their investment recommendations must be “suitable” for the needs of the client at the time of sale. Registered Investment Advisors, however, are subject to a “fiduciary” standard of care with their clients. That means that their investment recommendations must be in the best interest of the client. As client needs change, the fiduciary responsibility of the advisor is to continually monitor and adjust the recommendations.
*We do provide insurance products as part of the offering for a comprehensive financial plan. These products are commission-based products. Insurance may be necessary for implementation of a comprehensive plan. We do not require our clients to purchase products from our office, however, we do provide access to insurance products necessary to a complete financial plan.