Business Details
Comprehensive Financial Planning Services in Chicago
As a team of Certified Financial Planner and Certified Public Accountant professionals, we have dedicated over two decades to providing comprehensive financial solutions for individuals and small businesses in Chicago. Our mission centers on delivering objective, fee-only financial planning services that address investment strategies, tax optimization, retirement readiness, education funding, and accounting needs. With advanced degrees in taxation and financial planning, along with affiliations to leading industry organizations, we maintain rigorous ethical standards while offering personalized guidance tailored to evolving client circumstances.Our holistic approach integrates cash flow management, risk assessment, and estate planning considerations to create customized financial roadmaps. We prioritize proactive tax planning strategies to minimize liabilities while maximizing long-term wealth accumulation opportunities for our clients.
Services
Financial Planning
Investment Planning
Tax Planning
Retirement Planning
Education Planning
Accounting Services
Highlights and features
- We combine CFP and CPA expertise for integrated financial solutions
- Our fee-only structure ensures unbiased, conflict-free advice
- Over 20 years of experience serving Chicago area clients
- Holistic approach addressing all aspects of financial wellness
- Proactive tax planning strategies to minimize lifetime tax liabilities
Associations and certifications
- Certified Financial Planner Board
- American Institute of Certified Public Accountants
Services
Financial Planning
Our comprehensive financial planning process begins with a complimentary consultation to understand your unique goals and financial situation. We develop customized strategies that integrate cash flow management, insurance analysis, and estate planning considerations. With ongoing monitoring and adjustments for changing life circumstances and market conditions, we help clients achieve financial security through evidence-based decision-making and objective professional guidance.
Tax Planning
We implement proactive tax planning strategies that minimize current and future tax liabilities while maintaining full compliance with federal and state regulations. Our services include entity structure analysis, deferred compensation planning, and business transaction tax consulting. We provide year-round tax advice and representation before tax authorities, focusing on long-term tax efficiency for individuals and small businesses.
Retirement Planning
Our retirement planning services analyze work-life expectancy, savings requirements, and investment strategies to ensure long-term financial independence. We assess clients' current retirement accounts, projected income needs, and risk tolerance to develop sustainable withdrawal strategies. The planning process considers inflation impacts, tax implications, and healthcare cost projections to create realistic retirement timelines.
Investment Planning
We create customized investment strategies aligned with clients' financial goals, risk tolerance, and time horizons. Our services include asset allocation recommendations, portfolio performance reviews, and risk management analysis. We focus on capital preservation and growth through diversified investment approaches while maintaining regular portfolio evaluations to ensure alignment with evolving financial objectives.
Education Planning
Our education planning services help families develop realistic strategies for funding higher education expenses. We analyze various savings vehicles, financial aid optimization techniques, and tax-advantaged investment options. The planning process considers different education scenarios including private schooling, undergraduate, and graduate studies while balancing other financial priorities like retirement savings.
People
Karl W. Blovet
Certified Financial Planner & Certified Public Accountant
With over 20 years of experience in financial planning and tax advisory services, Karl W. Blovet holds advanced degrees in taxation and financial planning. He teaches income tax planning at DePaul University and maintains active memberships in leading professional organizations including NAPFA and AICPA.
Questions
What financial planning services do you offer?
We provide comprehensive financial planning covering cash flow management, retirement strategies, tax optimization, education funding, and estate planning. Our services include portfolio management, business accounting, and specialized tax consulting for individuals and small businesses.
Are you a fee-only financial advisor?
Yes, we operate as a fee-only financial planning firm with no product sales or commission-based incentives. This ensures our recommendations remain objective and aligned with our clients' best interests.
What qualifications do your advisors hold?
Our lead advisor holds Certified Financial Planner (CFP) and Certified Public Accountant (CPA) designations, along with advanced degrees in taxation and financial planning from accredited institutions.
Do you work with out-of-state clients?
While based in Chicago, we can provide financial planning services to clients in other states through virtual consultations and remote document management systems.
What are your minimum account requirements?
We don't have minimum income or net worth requirements. Our financial planning services are available to individuals and businesses at various wealth levels seeking professional guidance.
How often do you review investment portfolios?
We recommend semi-annual investment portfolio reviews to assess performance, rebalance asset allocations, and adjust strategies according to changing market conditions and client circumstances.
