DSquared Financial Group PBC Solomon Strategies: Let's Grow Together

Venture X Denver Lodo, 3rd floor/1800 Wazee Street, Ballpark District
Denver, Colorado 80202

Our Booking PolicyPlease let us know in advance of any changes in meeting times. Also you allow us to call you back in the event of a dropped call or missed appointment to reschedule.

Services

Introductory Meeting

Are you ready to take control of your financial future? We invite you to schedule a complimentary introductory meeting with a financial advisor.

This initial consultation is designed to be a comfortable, no-pressure conversation where you can:

Share Your Goals: Discuss your financial aspirations, whether they're saving for retirement, buying a home, funding education, or building wealth.
Ask Questions: Get answers to any financial questions you may have, big or small.
Understand Our Approach: Learn about our financial planning philosophy and how we work with clients to create personalized strategies.
Discover the Value of Advice: See how a financial advisor can help you navigate complex financial decisions and stay on track to achieve your objectives.
This meeting is a great opportunity to explore how professional financial guidance can benefit you. There's no obligation, just a chance to connect and see if we're the right fit to help you reach your financial goals.

Retirement Plan Meeting

A portfolio retirement plan meeting with a financial advisor is a crucial step in securing your financial future. Here's a breakdown of what you can typically expect:

Key Discussion Points:
Understanding Your Financial Situation:
The advisor will start by gathering comprehensive information about your current financial status. This includes:
Income and expenses.
Assets (savings, investments, real estate).
Liabilities (debts, mortgages).
Existing retirement accounts (401(k)s, IRAs).
Defining Retirement Goals:
A significant portion of the meeting will be dedicated to discussing your retirement aspirations. This involves:
Desired retirement age.
Expected retirement lifestyle.
Income needs in retirement.
Specific goals (travel, hobbies, etc.).
Risk Tolerance Assessment:
The advisor will assess your comfort level with investment risk. This is crucial for determining an appropriate asset allocation.
They'll discuss different investment strategies and how they align with your risk tolerance.
Portfolio Review and Analysis:
If you already have investments, the advisor will review your current portfolio to:
Evaluate its performance.
Assess its diversification.
Identify any potential weaknesses.
Retirement Income Planning:
The advisor will develop a plan for generating income during retirement. This may involve:
Social Security optimization.
Pension income.
Withdrawal strategies from retirement accounts.
Potential for other income sources.
Asset Allocation and Investment Strategy:
Based on your goals and risk tolerance, the advisor will recommend an asset allocation strategy. This involves:
Determining the appropriate mix of stocks, bonds, and other investments.
Selecting specific investments that align with your plan.
Tax Planning:
The advisor will discuss the tax implications of your retirement plan, including:
Tax-deferred vs. taxable accounts.
Strategies for minimizing taxes in retirement.
Estate Planning:
Depending on your needs, the advisor may also discuss estate planning considerations, such as:
Wills and trusts.
Beneficiary designations.
Ongoing Monitoring and Review:
The advisor will emphasize the importance of regular portfolio reviews and adjustments to ensure your plan stays on track.
They will discuss the frequency of future meetings, and how they will remain in contact.
Key things to bring to the meeting:

Financial statements.
Tax returns.
Retirement account statements.
A list of your financial goals.
By covering these areas, the meeting aims to create a comprehensive and personalized retirement plan that helps you achieve your financial goals.

Investment Consultation

We will call you:

Here's what an investment meeting consultation typically entails:

I. Introduction and Relationship Building (5-15 minutes)

Greetings and Introductions: The advisor will introduce themselves and any team members present, and get to know the client on a personal level.
Setting the Agenda and Expectations: The advisor will outline the purpose of the meeting (e.g., to understand the client's needs, discuss services, answer questions) and what the client can expect from the session. They may also discuss their firm's values and how they work with clients.
Establishing Rapport: A good advisor will aim to create a comfortable and open environment, encouraging the client to be candid about their financial situation and goals.
II. Client Discovery and Information Gathering (25-45 minutes)
This is the core of the meeting, where the advisor asks in-depth questions to understand the client's complete financial picture and aspirations. Clients should be prepared to discuss:

Current Financial Situation:

Assets: What do you own (bank accounts, investments, real estate, other valuable possessions)?
Liabilities: What do you owe (mortgages, car loans, credit card debt, student loans)?
Income and Expenses: Current income sources, monthly budget, spending habits.
Net Worth: Though they may calculate it, they'll want to understand the components.
Existing Investments: Performance, types of accounts (401(k), IRA, brokerage), and any specific preferences or restrictions.
Insurance: Life, health, disability, long-term care policies.
Estate Planning: Wills, trusts, power of attorney documents.
Tax Situation: Recent tax returns and any concerns about taxes.
Financial Goals and Objectives: This is where the "why" behind seeking advice comes in. The advisor will ask about both short-term and long-term goals, such as:

Retirement: When do you want to retire? What lifestyle do you envision? How much income will you need?
Major Purchases: Buying a home, car, or other significant assets.
Education Funding: Saving for children's or grandchildren's college education.
Debt Repayment: Strategies for paying off loans.
Wealth Preservation/Growth: How do you want your money to work for you?
Legacy Planning: Charitable giving, leaving an inheritance.
Specific Life Events: Marriage, divorce, job change, inheritance, caring for elderly parents.
Risk Tolerance and Investment Philosophy:

How comfortable are you with market fluctuations and potential losses?
What's your time horizon for your investments?
How involved do you want to be in investment decisions (hands-on vs. guided)?
Any specific investment preferences (e.g., socially responsible investing, particular asset classes)?
III. Advisor's Explanation and Initial Feedback (10-20 minutes)

Summarizing Client's Needs: The advisor will recap their understanding of the client's financial situation and goals to ensure accuracy.
Explaining Their Approach and Services: The advisor will describe their investment philosophy, how they work with clients, the types of services they offer (e.g., financial planning, investment management), and their fee structure (fee-only, commission-based, fee-based). They should be transparent about costs and potential conflicts of interest.
Preliminary Recommendations/Next Steps: While a full plan isn't usually developed in the first meeting, the advisor might offer some initial thoughts or suggest areas of focus. They will also outline the next steps in their process, which often involves developing a customized financial plan.
IV. Client Questions and Closing (5-10 minutes)

Open Q&A for the Client: This is the client's opportunity to ask any questions they have about the advisor, their firm, their experience, credentials (e.g., CFP, CFA), or anything discussed during the meeting.
Discussion of Communication and Relationship Style: How often will they meet? What's the preferred method of communication?
Setting Follow-Up: Scheduling a second meeting to review a proposed plan or delve deeper into specific areas.
Paperwork and Documentation: The advisor might provide initial paperwork or a checklist of documents to bring to the next meeting (if not already provided beforehand).
What to Bring (or be prepared to discuss) as a Client:

Bank statements
Investment account statements (brokerage, 401k, IRAs)
Pay stubs or other income verification
Recent tax returns
Insurance policies
Mortgage statements, loan documents, credit card statements
Budget or a general idea of monthly expenses
A list of your own questions and concerns
Key Takeaways:

An initial investment consultation is a two-way street; both parties are evaluating the fit.
Transparency and honesty from the client are crucial for the advisor to provide the best advice.
The goal is to understand the client's complete financial picture, not just their investments, to build a holistic financial plan.
It's important to understand the advisor's fee structure and fiduciary duty (whether they are legally obligated to act in your best interest).

401(k) Meeting

Key elements that are often part of a 401(k) meeting with a financial advisor include:
Reviewing current 401(k) holdings and performance.
Assessing your risk tolerance and time horizon.
Discussing investment options within your plan.
Determining appropriate asset allocation.
Analyzing contribution levels and potential for increasing savings.
Understanding fees and expenses associated with the plan.
Addressing any specific questions or concerns you may have.
Developing a personalized retirement savings strategy.
Reviewing beneficiary designations.
Discussing the integration of your 401(k) with other retirement savings and financial goals.
The specific focus of the meeting will likely depend on your individual circumstances and what you hope to achieve by meeting with the advisor.

Final Expense Meeting

A final expense planning meeting focuses on the costs associated with death: funeral/cremation, burial, medical bills, legal/probate fees, and debts. The discussion centers on final expense insurance (policy types, coverage, premiums, eligibility), pre-need funeral arrangements, and documenting final wishes. The goal is to determine appropriate coverage based on individual needs and budget, providing peace of mind and protecting loved ones from financial burden while ensuring final wishes are met. Participants include the individual, an insurance agent/financial advisor, and sometimes family members.

Indexed Universal Life Meeting

This meeting will explore the features and benefits of Index Universal Life (IUL) insurance. We'll delve into how IUL policies offer flexible premiums, a death benefit to protect your loved ones, and the opportunity to accumulate cash value based on the growth of selected market indexes, without direct market risk. We will discuss potential growth strategies, tax advantages, and how IUL can fit into your overall financial plan.

Whole Life Meeting

A whole life insurance discussion covers its core features: permanent coverage (unlike term life), tax-deferred cash value growth accessible via loans/withdrawals, fixed premiums, and a death benefit. For participating policies, potential dividends and their options are explained. The agent will discuss policy loans/withdrawals and their impact, assess suitability based on financial goals and risk tolerance, detail costs, compare it to other insurance, explain tax implications and beneficiary designation, and address any questions. The goal is a comprehensive understanding for informed decision-making.

Term Life Meeting

A conversation about term life insurance focuses on its temporary nature and affordability. Here's what such a discussion typically entails:

Core Concepts:

Temporary Coverage:
The agent will emphasize that term life insurance provides coverage for a specific period, or "term," such as 10, 20, or 30 years.
This contrasts with whole life insurance, which offers lifelong protection.
Death Benefit:
The primary purpose of term life is to provide a death benefit to beneficiaries if the insured dies during the term.
The conversation will cover how the death benefit is paid out and how beneficiaries can use it.
Fixed Premiums (During the Term):
Term life policies typically have fixed premiums for the duration of the chosen term.
The agent will explain how premiums are determined based on factors like age, health, and coverage amount.
Renewability and Convertibility:
Some term policies offer renewability, allowing the insured to extend coverage beyond the initial term, though premiums usually increase significantly.
Many term policies also offer convertibility, enabling the insured to convert the policy to a permanent life insurance policy, like whole life, without evidence of insurability.
Affordability:
A key selling point of term life is its affordability compared to permanent life insurance.
The agent will highlight how term life can provide substantial coverage at a relatively low cost, especially for younger, healthier individuals.
Suitability:
The agent will discuss the suitability of term life for specific needs, such as:
Providing income replacement for dependents.
Covering a mortgage or other debts.
Funding children's education.
Addressing temporary financial obligations.
Term Length:
A large part of the conversation will be about deciding the correct term length.
An agent should help the client determine how long their dependents will need financial protection.
Cost and Comparison:
The agent should provide quotes for various term lengths and coverage amounts.
They should also be prepared to compare term life to other insurance options, explaining the trade-offs.
Health and Underwriting:
The agent should explain the underwriting process, and how the clients health will impact the cost of the policy.
They should also explain what medical information will be needed.
Beneficiary designation:
The importance of properly designating beneficiaries will be discussed.
Questions and Answers:

The conversation should encourage questions and address any concerns the individual may have.
Common questions might include:
"What happens if I outlive the term?"
"How much coverage do I need?"
"What are the advantages and disadvantages of term life?"
"How does my health affect my premiums?"
In essence, a term life insurance conversation aims to provide a clear understanding of its temporary nature, affordability, and suitability for specific financial needs.

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Team

About

Structure & Mission: DSquared Financial Group operates as a Public Benefit Corporation (PBC) and is described as cooperatively owned and operated. Its core mission revolves around improving the quality of life for its members and the communities where they live and work. This is achieved through financial education, mentorship, and volunteer activities, with a particular focus on serving underserved communities.
Community Focus: The group dedicates 25% of its profits (generated from life insurance and financial services) to be invested back into the communities it serves, helping to fund financial mentorship programs.

(720) 722-1290

ethos.dsquaredfinancial@gmail.com

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