Update May, 2021
Item 1: Introduction
S&P Financial, Inc. is registered with the Securities and Exchange Commission (SEC) as an investment adviser. Brokerage and investment advisory services and fees differ and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at www.investor.gov/CRS, which also provides educational materials about broker-dealers, investment adviser, and investing.
Item 2: Relationships and Services:
What Investment Services & Advice Can You Provide Me?
We are a registered investment adviser that offers investment advisory services to retail investors. Our financial planning process includes ongoing financial planning review, and selecting, monitoring and rebalancing investments on an ongoing basis according to your objectives and requirements. We have discretionary authority over client accounts, where we place trades without their preapproval. We invest primarily in no-load mutual funds and exchange traded funds offered on TD Ameritrade’s investment platform.
Account Minimums and Other Requirements: Our firm typically works with investors with $250,000 or more in investable assets.
Additional information. Please see our Form ADV, Part 2A, on our website, https://www.retirementplanningspecialists.com
Conversation Starters: Given my financial situation, should I choose an investment advisory
service? Why or why not? How will you choose investments to recommend to me? What is your relevant experience, including your licenses, education and other qualifications? What do these
Item 3A: What Fees Will I Pay?
If you choose our investment advisory service, your fees are based on an annual percentage of the value of your managed accounts. This fee is charged quarterly at ¼ of the annual rate and covers ongoing financial planning. The more assets there are in your account, the more you will pay in fees, and we may have an incentive to encourage you to increase assets in your account. Investment advisory fees are separate from transaction, exchange, wire transfer, margin interest or account fees charged by your custodian. When your assets are invested in money market, mutual funds or ETFs, our fees for monitoring those assets are in addition to the fees included in the internal expenses of those funds. Additional Information. You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time.
Please make sure you understand what fees and costs you are paying. Please see Form ADV, Part 2A brochure (Items 5.A., B., C., and D of Part 2A) and other applicable documents.
Conversation Starters: Help me understand how these fees and costs might affect my
investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
Item 3B: What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?
When we act as your investment adviser, we must act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means. Our sole source of revenue is fees from clients.
Our firm’s financial professionals include licensed insurance agents who sell insurance products, like Life Insurance, Long Term Care Insurance, and Fixed Index Annuities, for a commission.
Conversation Starter. Ask your financial professional—How might your conflicts of interest affect me, and how will you address them? Additional information. Please see our Form ADV, Part 2A brochure and other applicable documents.
Item 3C: How do your professionals make money?
Our professionals are paid salaries, and receive bonus based on the profitability of the Firm and
performance of their responsibilities.
Item 4: Do your financial professionals have legal or disciplinary history?
Conversation Starter. Ask your financial professional—As a financial professional, do you
have any disciplinary history? For what type of conduct? Looking up the disciplinary history of a financial advisor is available on a free and simple search tool, you can find this at https://investor.gov/crs
Item 5: Additional Information
You can find additional information about our firm’s investment advisory services on the SEC’s website at www.adviserinfo.sec/gov by searching out CRD # 139358
For additional information about our services, https://www.retirementplanningspecialists.com.If you would like additional, up-to-date information or a copy of this disclosure, please call (800) 436-7179 or email firstname.lastname@example.org