Elbert Financial Consulting, Inc.

Elbert Financial Consulting provides comprehensive, fee-based financial planning primarily for individual clients, trusts, and closely held businesses. The firm prepares written plans covering asset allocation, estate and college planning, insurance, real estate, small business and charitable planning, and offers additional planning services tailored to client needs.

The firm relies on financial modeling and analysis tools — notably ExecPlan and Morningstar Office — to develop current and proposed asset allocations and scenario analyses, then presents those recommendations to clients. It generally does not act as a portfolio manager or execute securities trades on clients’ behalf; clients are expected to implement investment recommendations through their own broker-dealers, and the firm rarely accepts discretionary trading authority except in trustee situations or specific client requests.

Noteworthy for a firm of this size, Elbert may assume custody-like responsibilities at a client’s request, including online access for bookkeeping, bill pay and authority to transfer funds between client accounts, and in some instances managing trust funds as trustee. The firm also bills on an hourly basis rather than using percentage-of-AUM fees and does not accept performance-based compensation, does not sell financial products, and does not receive transaction commissions.