As an independent financial planning resource, our advantage is a personalized client relationship that is focused on your success. When you call us, you know the person on the other end of the phone and we know you—we’re not just an employee who knows you for only as long as your account number is on his or her computer screen. We’ve met face-to-face, we’ve talked about your plans and dreams, and we’ve gained your trust.
Our long-term relationship will begin with a thorough evaluation of where you are now and where you want to be in the future. We will use a process, proven through years of experience, to help you evaluate and prioritize your goals and provide us with a plan to help you get there.
More detailed information about our philosophies and services are provided below.
Our Certified Financial Planner™ uses the goals defined by you to prepare a written PLAN that includes recommendations designed to help you reach your unique financial goals and objectives.
We view Financial Planning as a long-term ongoing relationship, not a single engagement in which we prepare a plan for you, charge you a fee and never see you again. This long-term, ongoing relationship has a distinct process that we always follow. We provide easy-to-use forms and follow the strictest standards of confidentiality in gathering and analyzing personal and financial data that you supply.
As your partner in the process, we will help you recognize milestones, evaluate future financial decisions, and manage your changing financial assets and resources.
The very best plan will be useless if you never carry it out, or implement the plan. Therefore, the next step is to put the plan into action by implementing the recommendations.
At QBK we define “investment planning” in a very broad sense. Investment planning includes budgetary considerations, income tax planning, business planning, and education funding planning and retirement considerations. These considerations may, of course, lead to specific recommendations concerning stocks, bonds, mutual funds and other investment funding vehicles.
Most often, specific product recommendations are a very small part of the total service we provide. However, when the client accepts a generic concept, and a specific investment vehicle is required, we will recommend specific products. We tend to focus our product recommendations toward no-load mutual funds, no-load variable annuities and insurance products, and stocks and bonds purchased through discount brokerage services. If buying or selling of securities is involved, we help you find the most efficient, low cost discount brokerage service.
Asset management is a significant part of the Investment Planning and Implementation Process. No matter how good the initial investment selections are, they must be constantly monitored and occasionally re-directed or re-balanced to attain the desired results.
Financial Planners or Investment Advisors must be registered with the United States Securities and Exchange Commission (SEC), and/or the state Securities Commissioner. QBK is a Financial Planning Advisory Firm registered with the Kansas Securities Commissioner as a Registered Investment Advisor. Mark A. Schneider is registered with the Kansas Securities Commissioner as Registered Investment Advisor Agents for QBK.
QBK utilizes a proprietary active asset allocation strategy which increases the probability of achieving the returns of the broader markets as measured by the Wilshire 5000 index, but at a lower overall risk.
Always act in the best interest of the client. That is our corporate Mission Statement and philosophy.
QBK employs two distinct investment strategies dictated by the markets momentum, moving averages and/or valuation.
The primary investment strategy of QBK is a bull market strategy that we call WealthCare (WC). This is a basic diversified asset allocation strategy that is used during bull markets that we generally define as when the momentum of the market is up, the market is above its 200 day moving average and/or market valuation, defined as the price earnings ratio (P/E), is below 15. A client’s funds are managed based upon their risk tolerance determined by their responses to our Risk Tolerance Questionnaire, Client’s need for growth and/or income or the client’s specific instructions. There are ten risk levels. The risk levels and general diversified asset allocation percentages are summarized below. Risk Levels 10, 8, 6, 4 & 2 or growth strategies and Risk Levels 9, 7, 5, 3 7 & 1 are Income Strategies. These general percentages are usually skewed more heavily towards the categories with the strongest momentum but all categories are generally represented and inverse or bear ETF’s and funds (not shown below) may be used. The actual asset allocation is at the total discretion of QBK. It is anticipated this strategy will be used most of the time as history has shown that the market is within our WC parameters most of the time.
The other investment strategy employed by QBK is a bear market strategy. WealthCare Hedged (WCH) is a diversified asset allocation strategy that is used during bear markets that we generally define as when the momentum of the market is down, the market is below its 200 day moving average and/or market valuation, defined as the price earnings ratio (P/E), is above 15. This system was adopted by QBK late in 2002 after three years of a very costly bear market. This strategy employs a much higher percentage of cash or money market funds and inverse or bear funds, which are funds that are inversely related to their respective indexes, in addition to some or all of the above categories. This strategy is influenced by technical analysis, market moving average analysis and Elliott Wave Theory. This is a very defensive strategy designed to limit market exposure and reduce the likelihood of large losses common during bear markets.
At any time a client may request their funds to be managed by either of the above strategies even if QBK is not currently using that strategy as its primary investment strategy.
Accounting Write-up & Payroll
Experience has taught us that most small business owners and self-employed professionals are so closely tied to respective businesses that personal and business finances are frequently interdependent and better managed from a “big picture” vantage.
QBK offers a total package approach for professional and small business clients that integrates Financial, Investment and Tax Planning, Bookkeeping, and Write-up and Payroll services into an overall planning process and strategy.
Our Certified QuickBooks ProAdvisors are adept at organization, accuracy and compliance for professional and small business clients.
• ProAdvisors provide assistance with customizing QuickBooks for unique business needs and help maximize software usage.
• ProAdvisors are a knowledgeable resource for QuickBooks issues.
• ProAdvisor fees are typically reasonable and many businesses feel the investment is valuable.
Contact us to see how Accounting Write-up & Payroll and our QuickBooks ProAdvisors services can help you with your unique accounting efforts.
Mark A. Schneider is an Intuit Pro Advisor, CPB.
Benefits of Consulting a Certified QuickBooks ProAdvisor
Many QuickBooks customers say their experience with QuickBooks is greatly improved when they work closely with a QuickBooks expert.
Certified QuickBooks ProAdvisors are typically CPAs, accountants, or small business advisors or consultants who have completed testing on QuickBooks and received certification from Intuit.
Tax Planning & Preparation
QBK provides qualified income tax preparation services as a stand-alone service or as a part of your overall financial planning effort.
As a stand-alone service for businesses and professionals, you benefit from a professionally prepared Income Tax Return by a tax preparer you trust.
Factors such as your financial situation, your goals, and the economy can cause your Financial Plan to become obsolete in a very short period of time. At QBK we do more than simply fill out your income tax returns—we also completely review and update your entire Financial Plan to ensure that your plan is staying on course with your goals. An annual review or at least monitoring of your Financial Plan will help assess the health of your Plan in relation to your goals and allow you manage your Plan accordingly.
QBK tax preparation professionals will work with you to:
• Make sure you are paying the legal minimum.
• Devise legal strategies to reduce the amount of taxes you pay.
• Perform an annual review of your Financial Plan to ensure that your Plan is on track with your goals.
Contact us to see how Tax Planning & Preparation services can help you achieve your goals.