PHX Plan Services

Set the Foundation

Phoenician Financial provides services as broad-based or narrowly-focused as you desire. As Certified Financial Planner, Registered Investment Advisor, Chartered Retirement Planning Counselor and Fee-Only Fiduciary, PHXplan puts your interests above our own to ensure your financial success.

Are you feeling out of your depths? Have you not yet begun investing, or thus far have only been contributing to a 401K or IRA? Are you struggling to save, or don’t know where your money goes every month? Is your college fund just a savings account with little growth? Are you worried that your money isn’t doing all that it can do, but you don’t know what to do to increase your returns? Don’t worry, no one is born knowing how to manage money, and most times we aren’t provided the resources we need to make the right choices. 

As a fee-only fiduciary and Certified Financial Planner, Phoenician Financial Planning,  is bound by law to put your financial interests first. PHXplan’s prudent approach yields reliable long-term growth that can withstand the ups and downs of the market, while not whittling down your financial success with fees and unexpected management costs.

Cash Flow Analysis and Debt Management

A review of your income and expenses will be conducted to determine your current surplus or deficit. Based upon the results, we will provide advice on prioritizing how any surplus should be used, or how to reduce expenses if they exceed your income. In addition, advice on the prioritization of which debts to repay may be provided, based upon such factors as the debt’s interest rate and any income tax ramifications. Recommendations may also be made regarding the appropriate level of cash reserves for emergencies and other financial goals. These recommendations are based upon a review of cash accounts (such as money market funds) for such reserves and may include strategies to save desired reserve amounts.

Investment Consultation

Investment consultation services often involve providing information on the types of investment vehicles available, employee retirement plans and/or stock options, investment analysis and strategies, asset selection and portfolio design, as well as limited assistance if your investment account is maintained at another broker/dealer or custodian (“held-away” accounts). 

College Planning

Advice involving college funding may include projecting the amount that will be needed to achieve post-

secondary education funding goals, along with savings strategies and the “pros-and-cons” of various college savings vehicles that are available. We are also available to review your financial picture as it relates to eligibility for financial aid or the best way to contribute to family members, such as grandchildren, if appropriate.

Employee Benefits

A review is conducted, and analysis is made as to whether you, as an employee, are taking maximum advantage of your employee benefits. We will also offer advice on your employer-sponsored retirement plan and/or stock options, along with other benefits that may be available to you.

build and protect my assets

Portfolio Management Services

PHXplan can recommend and implement investment strategies on your behalf. Depending on your risk profile, goals and needs, among other considerations, your portfolio will involve the employment of one of our investment strategies as well as either a broad range or more narrowly focused choice of investment vehicles.

Where appropriate, PHXPlan will prepare written investment guidelines reflecting your objectives, time horizon, tolerance for risk, as well as any reasonable account constraints you may have for the portfolio. These guidelines will be designed to be specific enough to provide future guidance while allowing flexibility to work with changing market conditions. Since this effort is the product of information and data you have provided, you may be asked to review it and provide your final approval. We will then develop a customized portfolio for you based on your unique situation, investment goals and tolerance for risk. We serve as your portfolio manager on a discretionary or nondiscretionary basis, and the engagement typically includes:

  • Determination of risk tolerance
  • Investment strategy
  • Investment guideline development
  • Asset allocation
  • Asset selection
  • Regular monitoring
  • Periodic rebalancing

Tax Strategies

Are you looking for ways to minimize current and future income taxes as a part of your overall financial planning picture? For example, recommendations may be offered as to which type of account(s) or specific investments should be owned based in part on their “tax efficiency,” with consideration that there is always a possibility of future changes to federal, state or local tax laws and rates that may impact your situation.

Risk Management

A risk management review includes an analysis of your exposure to major risks that could have a significant adverse impact on your financial picture, such as premature death, disability, property and casualty losses, or the need for long-term care planning. Advice may be provided on ways to minimize such risks and about weighing the costs of purchasing insurance versus the benefits of doing so and, likewise, the potential cost of not purchasing insurance (“self-insuring”).

ESG Investing

If you feel compelled to invest in ways that mirror your environmental, societal, or corporate governance values, then ESG investing is the path for you. With ESG investing, funds will be invested both to favor portfolio growth and external benefits.

Plan My Legacy

Personal Retirement Planning

Worrying about retirement is common. In fact, more than half of Americans are concerned that they won’t be financially secure in their retirement, based on the 2021 Retirement Insecurity Report by the National Institute of Retirement Security.

PHXPlan can help take the worry out of retirement planning by providing projections of your likelihood of achieving your financial goals, with financial independence usually the primary objective. For situations where projections show less than the desired results, a recommendation may include showing you the impact on those projections by making changes in certain variables (i.e., working longer, saving more, spending less, taking more risk with investments). If you are near retirement or already retired, advice may be given on appropriate distribution strategies to minimize the likelihood of running out of money or having to adversely alter spending during your retirement years.

Estate Planning

Our review typically includes an analysis of your exposure to estate taxes and your current estate plan, which may include whether you have a will, powers of attorney, trusts and other related documents. We may assess ways to minimize or avoid future estate taxes by implementing appropriate estate planning strategies such as the use of applicable trusts. We recommend that you consult with a qualified attorney when you initiate, update, or complete estate planning activities. We may provide you with contact information for attorneys who specialize in estate planning when you wish to hire an attorney for such purposes. From time-to-time, we will participate in meetings or phone calls between you and your attorney with your prior approval.

Business & Causes

Business/Non Profit Consultation

We are available to assist small businesses and nonprofits in a variety of ways to include business strategy, practice management, retirement strategies, retaining key personnel, debt management, as well as assisting you with matters involving coordination with your financial institution, attorney or accounting firm.

Refugee Financial Support

Refugees to the United States are expected to become financially independent in mere months of having their entire lives uprooted. Phoenician Financial Services has provided refugee financial workshops in the past and is happy to assist new refugees and resettlement organizations in ensuring refugees have the information they need to become financially secure, and thrive.