1st Financial Planning Group, Inc.

1st Financial Planning Group serves individuals and high‑net‑worth clients, providing financial planning and qualified plan consulting along with insurance and annuity products, including partial life settlements and other commissioned estate‑planning products. The firm does not manage client assets itself and instead refers clients to third‑party money managers for investment management.

The firm’s process typically begins with an initial evaluation (for example, a net worth statement or risk analysis) and the creation of written investment policy or risk‑tolerance documentation, with periodic reviews but no discretionary trading authority accepted on client accounts. For investment management, it functions as a liaison to a third‑party manager and charges consulting and referral‑based fees rather than directly charging a percentage‑of‑assets fee.

What distinguishes the firm from many peers is the prominence of its insurance business—more than eighty percent of the adviser’s time is reported to be spent on insurance sales—and its use of partial life settlements and commissioned products as part of its offerings. The firm also discloses that it receives referral fees and non‑cash benefits from its third‑party manager and documents mitigation measures for those conflicts, while leaving custody and proxy voting with the client.