Our Process

Core Values

At MK Financial, our mission is simple: To learn more about you, understand your needs, wants, and goals, and help you identify the personal financial strategies that may improve your lifestyle today and provide the foundation for a sound retirement in the years ahead. As we carry out this mission, we are shaped by four core values:

Independent Advice

We do not sell proprietary products, and as independent advisors we partner with a variety of custodians, money managers, and insurance companies. We work for our clients, and not a company.

Smart Solutions

We seek the best value for our clients, as it aligns with their goals and tolerance for taking market risk, and the solutions that we recommend should always make sense from a cost and a tax perspective.

Personalized Service

We meet clients in their homes and places of business, and work diligently for the success of individual clients and their loved ones. We are invested in long-term client relationships.

Integrity

We take seriously our responsibility to do everything for the best interest of our clients, rather than our own best interest. Putting people first, and products and profits second, is always the right thing to do.

Standard of Care

MK Financial is also committed to a holistic approach to financial services. Whether we are preparing a financial plan or providing targeted services like investment management and insurance planning, our goal is to help clients address these key considerations at every stage of life.

Accumulators (30-49)

Identifying dreams and goals, and a timeline and plan to achieve them. Monitoring progress.

Protection Strategies: Life, Disability, Health, Property, Liability

Maximizing workplace benefits

Cash flow: Income/ expenses, cash reserves, debt, contribution rates to retirement accounts

Investments: Evaluating Risk. Choosing the right account types. Using appropriate strategies

College Savings for Children

Planning for when and how much you pay taxes

Estate: Living Will, Beneficiary Updates

Pre- Retirement (50-69)

Identifying dreams and goals, and a timeline and plan to achieve them. Monitoring progress

Protection Strategies: Life, Disability, Health, Long-Term Care, Property, Liability

Maximizing workplace benefits. Coordinating benefits with Medicare and other retirement benefits

Cash flow: Income/ expenses, cash reserves, debt, contribution rates to retirement accounts

Investments: Evaluating Risk. Choosing the right account types. Using appropriate strategies

Understanding and making Social Security and Medicare elections

Estate: Living Will, Trust Creation Beneficiary Updates

Planning for when/how much you pay in taxes

Retirement (Ages 70+)

Identifying dreams and goals, and a timeline and plan to achieve them. Monitoring progress

Protection Strategies: Life, Health, Long-Term Care, Property, Liability

Cash flow: Income/ expenses, cash reserves, debt, retirement income plan, planning for trips, home repair, and special expenses

Investments: Minimizing Risk. Consolidating accounts. Using appropriate strategies

Planning for when/how much you pay in taxes. Required Minimum Distributions

Estate: Living Will, Updating Beneficiaries, Trust Creation, Wealth Transfer Strategies