Mastering your craft is a lifelong pursuit; managing the financial complexities of that craft shouldn't be. Sound Financial Planning was built to bring clarity and structure to the professional artist's financial life.
As a member of the Detroit Symphony Orchestra, founder Peter McCaffrey understands the unique pressures musicians face. He merges first-hand industry knowledge with professional financial planning to help clients consolidate their artistic ambitions and financial goals into one unified plan.
Whether you just won your first audition, or are preparing for your final curtain call, Sound Financial Planning has the specialized expertise to support you through every stage of your career.
Why choose sfp?
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Fiduciary - As a registered investment advisory firm, sfp is held to the highest legal standard to always act in your best interest.
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Advice only - High-level financial planning shouldn't be out of reach. Unlike firms that take a percentage of everything you own, Sound Financial Planning charges an hourly fee for high-impact advice. This removes the conflict of interest inherent in the 1% model and guarantees that the strategy best serves you, the artist, not the advisor.
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Comprehensive - an all-encompassing, personalized approach to managing money that helps you make better decisions across every area of your financial life—today and in the future.
The sfp Process
The Sound Financial Planning process is a collaborative one. You are the expert of your life, and sfp is here to give you the tools to live it to the fullest. With that in mind, our first meeting will be a discovery meeting, focused on getting to know you and what makes your journey unique. From there we will follow a custom 6 step process:
1. Identify and prioritize goals
6. Monitor and update the plan as life changes
5. Implement strategies
4. Provide recommendations and finalize plan
2. Evaluate your current situation
3. Perform gap anaylsis
There's no big secret to achieving financial independence - it takes time, discipline, and a sound financial plan.