Andrew Sivertsen

Shareholder and Senior Financial Planner @The Planning Center, Inc

Moline, IL, US

I serve as a guide for clients financial and life goals. As part of a Fee-Only Financial Planning firm, I am able to work through all things financial without conflicts of interest.During the first meeting I’ll discuss through what the client is looking for help in and explain our approach to financial planning and determine if the relationship is a good fit or not.I gather comprehensive data depending on what we will be working on – Filling in current cash flow data, risk tolerance, bringing in insurance policies, bank statements, pension benefit packets, retirement account statements, 529s, basic estate docs/beneficiary information, tax returns, clients goals and priorities etc.I look for inefficiencies in how cash flow is being implemented, holes in insurance coverage, run analysis on how current portfolios are constructed, run Monte Carlo simulations to determine probability of success for a plan, look for ways to be more tax efficient, review beneficiaries, etc.Based on the clients goals & priorities and talking through the different categories of the financial process I type up a summary of the meeting notes, written recommendations for the client to take home with them, and what to be prepared for in the next meeting.Depending on the scope of the relationship, the client may be in charge of implementing the recommendations with a follow-up nudge from me, but for those clients who choose a higher level service package, I will implement as many of the recommendations as I can without their assistance, etc.We review their financial plan and will have a specific topic each quarter to review ie: cash flow, insurance planning, estate planning, tax planning, and typically review their portfolios and retirement projections each time.

Fuller Theological Seminary

Certificate, Youth Ministry

University of Illinois Urbana-Champaign

BA, Finance, Biology