FINANCIAL TOOLKITS
Financial Planning
What to Expect
When you choose to work with a CERTIFIED FINANCIAL PLANNER™ (CFP®) at Clute Wealth Management, you are partnering with a professional dedicated to helping you work towards your financial goals with clarity and confidence. Clute Wealth Management is different because our approach to helping you is different. We provide personalized advice tailored to your unique financial situation that works for you now, and as your needs change — counsel to help you chart the best course to your future financial wellbeing.
Since our founding, the CERTIFIED FINANCIAL PLANNERs™ at Clute Wealth Management have been committed to the legal and ethical requirements of fiduciary responsibility — to provide advice that puts a client’s best interest above their own.
Financial Planning Services
To get you started, your CFP® professional will need to learn more about your circumstances. This includes financial information, such as bank statements, Social Security Benefits statement from SSA.gov, 401(k) or pension statements, and your goals, such as your plans for retirement and whether you are saving for children's educations. Through the financial planning process, your CFP® professional will offer you customized recommendations based on your personal situation.
Whether you need advice on a specific issue or a comprehensive financial plan, it's important to understand and decide who will implement the recommendations and monitor your progress.
Popular Choices
Individual / Household Financial Plan
A wholistic approach to fully evaluate and prioritize your finances.
As a part of developing your unique financial plan, the CFP® professionals at Clute Wealth Management include the following services based on your needs and goals and will help you implement and monitor your financial plan.
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What to Expect:
Individual/ Household Financial Plan - Timeline 2-4 Months
Initial meeting to discuss your goals and information needed for the financial fact-finder.
The Clute Wealth Management (CWM) team enters your fact-finder data, you authorize connecting your accounts (if desired), the CWM team analyzes your data, develops recommendations, and clarifies any questions with you.
The CWM team prepares your draft financial plan and schedules a second meeting to discuss the plan with you.
The CWM team updates and finalizes your customized financial plan and schedules a third meeting to review and discuss recommendations. You receive a binder with your customized financial plan (100-125 pages) in addition to a digital version for your convenience.
The CWM team drafts an Implementation Summary letter of recommendations with roles and responsibilities. You will also receive complimentary access to the digital personal finance app for 12 months.
Initial Plan: $3,000
Timeline: 2-4 Months
Business Owner Financial Plan
Take complete control of your personal and business finances.
We know that keeping your business and personal finances in order is one of the most important parts of being a business owner and running a successful business. When you work with us to create your Business Owner Financial Plan, you get everything included in the Individual / Household Financial Plan, PLUS the following services:
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What to Expect:
Business Owner Financial Plan - Timeline 2-6 Months
Initial meeting to discuss your personal and business goals where we will discuss the information needed for an extended financial fact-finder for your personal and business finances.
The Clute Wealth Management (CWM) team enters your fact-finder data into the program and if desired, you provide authorization to allow our team to connect your accounts. Once set up, the CWM team analyzes the information, develops recommendations, and will work with you to clarify any questions.
The CWM team prepares your draft financial plan and will reach out to you to schedule the next meeting to review the draft plan and discuss it with you in-depth.
After our second meeting, the CWM team updates and finalizes your customized financial plan based on our conversations. After updates are complete, the CWM team will reach out to schedule a final meeting to review and discuss recommendations with you. You will receive a binder with your customized financial plan (125-140 pages), in addition to a fully digital version.
The CWM team will draft an Implementation Summary letter of recommendations with roles & responsibilities. You will also receive access to 12-months of complimentary access to the digital personal finance software.
Initial Plan: $4,000
Timeline: 2-6 Months
Subscription-Based Financial Planning for Individuals/ Households
Clute Wealth Management offers subscription-based financial planning that will provide clients the ability to digitally access their financial plan at any time, update your own information and What If scenarios so you have more control, and a convenient dashboard that can give you a complete view of your financial accounts, all in one place.
With the subscription-based financial plan, you'll be able to have 24/7 access to your financial plan and will be guaranteed one meeting a year with one of our CFP® professionals.
Subscriptions can be set up to have recurring payments each month via credit card or ACH bank payment.
What to Expect:
Subscription-Based Individual / Household Financial Plan - Timeline: Driven by client
Initial meeting to discuss your goals and process for submitting the information needed for the financial fact finder.
Once you return the fact finder and signed agreement, the Clute Wealth Management (CWM) team enters the necessary fact finder data into the personal finance software. You connect your accounts and notify the CWM team when you feel you've added all the information that you want to include.
The CWM team analyzes and clarifies any questions after they review your connected accounts and collaborates with you to prepare your financial plan. The CWM team will review the digital modeling tools with you so you can create, update, and adjust the "what if" scenarios you want to see.
You have full access to the digital personal finance software program. You also have access to one complimentary meeting a year with the CWM team to discuss changes in your life or goals to provide any updates or provide advice.
Annual Commitment with a Monthly Fee: $100/Month ($1200/Year)
Timeline: Driven by client
Hourly Services
Hourly Consulting 
For focused and customized financial advice, our hourly consulting rates are available on an as-needed basis - $200/hour