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Financial Planning for a Better Return on Life 

Connecting your money with your life.


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fiduciary Financial advisor

What is Return on Life?

At some point in life, you reach a realization that life is about more than money. You experience that aha moment when it dawns on you that a meaningful and significant life shouldn't be spent in pursuit of money; instead, you realize that money is simply a tool that should be used in pursuit of a meaningful and significant life!

Today, the majority of financial advisors follow a financial planning process that focuses almost exclusively on portfolio performance, otherwise known as return on investment. They seem to work under the assumption that money alone equals a fulfilling life. No wonder it often seems that their only interest is in your account and amounts.

At Faithful Steward Wealth Advisors, we use a much more effective approach called Return on Life™. We believe that money, when combined with purpose and planning, leads to a much more fulfilling life. The result of this life-centered planning approach is that our clients are able to live the best lives possible given the money they have.

Are you managing your money in a way that improves your life?

You probably know how much money you have in the bank or the size of your portfolio, but do you know your Return on Life? Our Return on Life Index asks you to assess 10 aspects of your life that relate to whether or not you are using your money in an effective way. We invite you to click on the link below and take 5 to 10 minutes to complete the ROL Index and receive your free Return on Life assessment.

Get Your Free ROL Index Report


certified financial planner - certified kingdom advisor

"A meaningful and significant life shouldn't be spent in pursuit of money; instead, money should be used in pursuit of a meaningful and significant life!."

- Michael Peterson, CFP®

retirement income planning

You

Who We Serve

Clients most often come to us when they get serious about retirement. Our clients come from a variety of backgrounds. Many are established professionals, physicians, dentists, business owners, and retirees. They are the pillars of their families and communities. Regardless of their stage in life, they’ve come to us because they want to practice greater stewardship in order to achieve a secure and fulfilling retirement and to positively impact their families and communities. They also tend to share certain characteristics:

  • Our clients are financial delegators. They choose to hire a financial professional help with their retirement planning; not because they can’t do it on their own, but because they want to free their time to concentrate on what matters more than money.
  • Our clients desire a long-term relationship with a trusted CERTIFIED FINANCIAL PLANNER™ professional to help guide them toward achieving a secure and fulfilling retirement.
  • Our clients realize financial planning is not about trying to beat "the market" or trying to pick the hottest investments at the time, rather it is about improving quality of life through proactive planning in all aspects of their financial life.
  • Our clients have a purpose beyond themselves. They care deeply about life, their families, their work, their communities, their faith, and the lives of others.
  • Our clients seek to leave a legacy of memories and experiences with their children and grandchildren.
  • Our clients focus on the long term results and not short term investment performance.
  • Our client are fun, easy to get along with, and have a positive outlook.
  • Our clients practice generosity and plan to give substantially to their family, church, and community.

If this sounds like you, we encourage you to contact us to schedule a no-obligation initial consultation to learn if the services we offer would be a good fit for you.

Schedule a Call

“The goal isn’t more money.
The goal is living life on your terms.”

– Chris Brogan

certified financial planner

Michael Peterson, CFP®

Founder & Wealth Advisor


michael peterson - certified financial planning professional and fiduciary financial advisor

A head for finance. A heart for helping others.

 

Looking Out for Others.

That was practically a family mantra, when I was growing up in the sleepy little town of Spring Run, Pennsylvania. My grandparents and my parents were always living examples of being there for others; be it a family member, neighbor, or complete stranger. I was taught that looking out for others was simply the right thing to do.

It was a lesson I learned well and have put into practice throughout my life. Whether as a volunteer fireman, as an electronics technician in the U.S. Navy, as a deacon in my church, or in my profession as a financial professional; I've strived to carry on my family's tradition of looking out for others.

That passion for service, along with my uncanny knack for numbers, are probably what led me find my true calling in life: serving as a financial planner. It was Mark Twain who said, “Find a job you enjoy doing, and you will never have to work a day in your life.” In my case, truer words were never spoken. I love helping my clients manage their finances in a way that allows them the financial freedom to pursue the things in life that matter most.

Why I Started Faithful Steward Wealth Advisors

Over the course of my career, I've watched with regret as the financial services industry has lost it's way. Conflicts of interest, ineffective advisor training, and a focus on selling products, often prevent clients from receiving the best advice. In addition, many financial services firms, especially the large ones, have lost their personal touch. Financial advisors are often guilty of making the entire financial planning process overwhelming and confusing. Worse yet, many advisors only see their clients as a set of numbers. Is it any wonder that, when it comes to trust and integrity, financial advisors rank only rank slightly ahead of politicians?

So, in 2016, I founded Faithful Steward Wealth Advisors because I wanted the freedom to serve my clients with integrity and always put their best interests first. You see, I believe clients deserve a deeper relationship, one where their financial advisor understands them just as well as they understand their money. I also believe that truly great financial planning should be about more than just the numbers. It should be about helping you use your money to live the best life possible.

Professional Qualifications

I am a CERTIFIED FINANCIAL PLANNER™ professional and a Certified Kingdom Advisor. I hold a B.A. in Economics from The Pennsylvania State University. Since beginning my career in 1996, I've specialized in helping my clients plan for, successfully transition to, and enjoy living out their personal version of an ideal retirement.

I am a contributing advisor on Investopedia as well as a active member and past-president of the South Central Pennsylvania Estate Planning Council. I'm also an participating member of the Financial Planning Association and Kingdom Advisors.

Personal Life

My fiancee, Oneta, and I live in Chambersburg and share our home with our 3 dogs and an ever-fluctuating number of parrots – thanks to Oneta’s heart for parrot rescue. I'm blessed with 4 children, 5 grandchildren, and 2 nephews – all of whom mean the world to me.

I'm an avid fly-fisherman and also enjoy tying my own flies. In addition, on weekends, you're likely to find me in Happy Valley cheering on the Penn State football or hockey teams.

Finally, I'm active in serving my community as a youth baseball coach, member of the Rotary Club of Chambersburg, Trout Unlimited, the Penn State Alumni Association, and CBMC. I'm also a member and past trustee at The Presbyterian Church of the Falling Spring.

"When your values are clear,

your decisions are easy."

- Roy Disney

fiduciary financial services

Together

Financial Planning that Connects Your Money with Your Life

Unfortunately, most financial advisors you meet with are typically going to begin the conversation asking about financial assets--what you have and where it’s invested. Your accounts and your amounts will often be their sole interest. The primary focus for these advisors is ROI (Return on Investment).

At Faithful Steward Wealth Wealth Advisors, our approach is different. Our initial focus is on getting to know who you are. Your story, your history and experience with financial issues, and your present situation and future aspiration. Money, after all, is only a tool, but if it is used wisely, can help us improve our lives.

Truly great financial planning is about more than money. So, our primary focus is on helping you get a better ROL (Return on Life). Our objective is helping you live the best life possible with the money you have. That focus includes helping you make good choices that work for your unique circumstances.

Our mission is doing everything we can to help you make the wisest choices in every financial decision. Our focus after that is helping you grow what you have and only taking risks that are absolutely necessary.

In our unique life-centered approach to financial planning we are going to do some work on the front end that will answer three big questions:


1, What are your perspectives on eight key financial areas—and how did you arrive at them? 
2. Are you managing your money in a way that is improving your life? 
3. Are you financially prepared for life’s big transitions?


6 Core Values We Provide Our Clients

  1. Organization. We will help bring order to your financial life, by assisting you in getting your financial house in order.

  2. Accountability. We will help you follow through on financial commitments, by working with you to prioritize your goals, show you the steps you need to take, and regularly review your progress towards achieving them.

  3. Objectivity. We bring insight from the outside to help you avoid emotionally driven decisions in important money matters, by being available to consult with you at key moments of decision-making, doing the research necessary to ensure you have all the information, and managing and disclosing any of our own potential conflicts of interest.

  4. Proactivity. We work with you to anticipate your life transitions and to be financially prepared for them, by regularly assessing any potential life transitions that might be coming, and creating the action plan necessary to address and manage them ahead of time.

  5. Education. We will explore what specific knowledge will be needed to succeed in your situation, by first thoroughly understanding your situation, then providing the necessary resources to facilitate your decisions, and explaining the options and risks associated with each choice.

  6. Partnership. We attempt to help you achieve the best life possible but will work in concert with you, not just for you, to make this possible, by taking the time to clearly understand your background, philosophy, needs and objectives, work collaboratively with you and on your behalf (with your permission), and offer transparency around our own costs and compensation.

Financial Planning Services

Financial planning can be messy and overwhelming. We help busy and successful people simplify and organize their financial lives. We collaborate with our clients to help them develop a comprehensive, personalized financial plan based on their situation and needs, so they can pursue the things in life that matter most. We focus on what can be controlled and work to help you achieve all of your financial wants and needs. At its core, financial planning is connecting your money with your life.

A financial planning engagement with Faithful Steward Wealth Advisors may cover any or all of the following financial planning topics:

Retirement Income Planning

Are you prepared for a financial shortfall or windfall upon retirement? We work to understand your unique financial needs and goals, then create a strategy to help you transition as smoothly as possible into a secure and significant retirement. Our planning process will help you gain visibility into the future and better coordinate your portfolio with your retirement income needs.

Income Tax & Cash Flow Planning

Managing your taxes should not be left to solely to your accountant. We work collaboratively with your accountant to understand how current and future financial decisions impact your tax returns. We'll work to reduce both you current-year and your long-term tax liability, in order to help you pursue your goals as tax-efficiently as possible.

Estate & Philanthropy Planning

Understanding the complexities of the current tax and estate planning laws and how your assets may be taxed both during your life and at your death is imperative to an effective financial plan. You may also want to gift assets to the people you love and the charities you're passionate about. We can help you develop an effective and tax efficient gifting strategy. We collaborate with your existing tax and legal team to develop philanthropic and estate planning strategies to help you reduce taxes and make sure your assets end up in the right hands.

Insurance Review

How do you know if you are adequately covered and insured, or being over-sold on insurance products? We analyze and evaluate your life, disability, healthcare, liability and long-term care insurance needs and help you determine if you have enough, too much or the right amount and type. We'll help you understand your current insurance and discuss options for addressing any gaps.

Education Planning

There are many different ways to prepare for educational expenses. We can help develop a college savings plan for clients with younger kids. For clients with high school age children, we help them to navigate the financial aid process in order to maximize need-based aid and minimize out-of-pocket college costs. We also work to ensure whatever approach you take is integrated with your tax, cash flow, investment and estate planning.

Investment Management

We develop customized, globally diversified, tax-efficient portfolios tailored to your unique financial plan and built to stand the test of time. We partner with you to find the right balance between risk and return, while monitoring your portfolio and keeping you up to date with ongoing refinements.

We build custom portfolios for our clients based on a deep understanding of their individual goals and objectives as discovered during our financial planning process. In essence, your portfolio is coordinated with your financial plan, in order to help you achieve the best results. Careful thought, in regard to the timing and amount of the distributions you will need to fund your goals, is put into the design of your portfolio and the creation of your retirement income strategy. Asset allocation and global diversification are employed in an attempt to maximize risk-adjusted returns. We are long-term investors, but we do make make periodic tactical changes to adjust to changing market conditions. We believe that successful investing is not about achieving the highest return in any given year, rather it’s about increasing the probability of a consistent returns year after year.

Want to learn more?

Download our whitepapers.




Our Transparent Fees

You work hard for your money and you should know how you’re spending it.  At Faithful Steward Wealth Advisors we believe the transparent communication of our fees is one of the most important things we can do for you.

Financial Planning Fees

Depending on the complexity of the case and the number of financial planning topics involved, our initial financial plan creation fee ranges from $500-$7,500.

For those desiring an ongoing relationship, our ongoing financial planning fee ranges from $375-$2,000 per quarter.


Investment Management Fees

For our investment management clients, we charge a percentage of assets we manage. That percentage is based upon the total amount of assets under our management and is based upon the schedule shown below.

Assets Under Management

Percentage Charged

$0 - $1,000,000

0.60%

$1,000,001 - $2,500,000

0.50%

$2,500,001 - $5,000,000

0.40%

$5,000,000 +

0.30%

The secret to getting ahead is getting started.

- Mark Twain

chambersburg, pa

franklin county

central Pennsylvania

Contact Us


Contact Info

Phone: (717) 496-0900
Email:  info@fswealthadvisors.com


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Location

Faithful Steward Wealth Advisors
946 Lincoln Way East - Suite 8
Chambersburg, PA 17201





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