Certified Financial Planner

Todd Schanel

While many call themselves financial planners, a Certified Financial Planner® is a professional who has completed extensive training, met work experience requirements and is held to rigorous ethical standards.

A CFP® professional is uniquely qualified to coordinate all aspects of your financial situation; as skilled advisors, they understand the evolutionary nature of both the overall financial climate as well as the countless transitions that people face throughout their lifetimes.

CoreWM Logo 1All of the professionals at Core Wealth Management are Certified Financial Planners®.

As CFPs®, we pride ourselves on taking a comprehensive approach to wealth management. Whether you are concerned with cash flow planning and budgeting, tax planning, retirement planning, investment management, estate planning, risk management or education funding, each decision you make has consequences and impacts the other facets of your financial life. it is critical that all the pieces of the complex puzzle work in conjunction with one another. Quite simply, decisions cannot be made in a vacuum. It is the CFP® who will integrate the various components of your wealth management needs.

Specific aspects of a financial plan may include:

Cash Flow Planning:  Includes determining the timing and amount of your cash needs and devising a saving strategy to increase the likelihood that those needs can be met.

Investment Planning: Includes defining your objectives, assessing your risk tolerance, determining your time horizon and then using this information to develop an asset allocation plan, along with specific investment recommendations.


Retirement Planning:  Includes quantifying the level of resources that will be necessary for you to retire, and then devising a plan to help you amass those resources.  This encompasses gaging how to maximize collection of social security benefits and, if you are eligible for a pension, evaluating different payout options.   Additionally, once you do retire, determining how you can most efficiently use the assets you have accumulated and facilitating the actual cash flows.

Insurance Planning:  Asset and income protection is a critical component to any financial plan.   The goal is to make sure that financial plans are not jeopardized if an unanticipated event occurs.

Tax Planning:   Taxes impact all elements of a financial plan, from saving to spending, and while taxes should not solely drive any financial decision, they always need to be considered.  Maximizing tax efficiency when it comes to portfolio management and devising and implementing tax-efficient saving and distribution strategies are of paramount importance.

Certified Financial Planner CFP Jupiter Florida

Estate Planning: No matter your level of wealth, estate planning is an integral component of any financial plan.  It is imperative that you have the appropriate documents in place, assets are titled as you wish and beneficiaries are named so that assets will transfer in a manner that is consistent with your wishes and in the most efficient and cost-effective way possible.