Targeted Financial Planning LLC

Targeted Financial Planning LLC provides discretionary and non-discretionary portfolio management and standalone financial planning to individuals and a range of other clients, including high-net-worth individuals, charitable organizations, corporations and state or municipal entities. Like many independent advisors, the firm documents client objectives in investment policy statements and charges asset-based advisory fees rather than participating in wrap fee programs.

The firm’s investment process is built around a documented Investment Policy Statement for each client and employs a wide set of analytical approaches — charting, cyclical, fundamental, quantitative, technical analysis and modern portfolio theory — to construct portfolios. It implements both long- and short-term trading and at times uses higher-risk strategies, including margin, short sales and options, and typically seeks discretionary trading authority.

Noteworthy differences from many peers include a requirement that clients custody assets with SEI Private Trust Company and a policy not to aggregate trades into block executions, which can affect execution and allocation. The firm’s combination of serving municipal and institutional clients, potentially accepting research or other soft-dollar benefits, and regularly using leveraged and derivative strategies is less common for a solo independent adviser.