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We promise to be your financial tour guide - We use our financial expertise and in-depth knowledge of our client to develop an individualized financial plan. financial goals are based on the unique values, priorities, and circumstances of each client. We advise clients about viable options and motivate them to take action and make decisions. Our goal is to be your trusted conselor. Think of us your personal CFO. We are there to lead, motivate, affirm, and hold accountable. We want our clients to win the game call life.
John Kelley, CFPFinancial Legacy Management, Inc. 950 Hogan Lane, Ste 11 Conway , AR 72034 Phone#: 501-329-PLAN Email: John@financiallegacymanagement.com
Alvin Rogers, II CFP, MBAFinancial Legacy Management, Inc. 13 Office Park DriveLittle Rock, AR 72211 Phone#: 501-224-PLAN Email: alvin@financiallegacymanagement.com
We promise to be Life Partner - Clients want advisors that understand them, their goals, and their dreams. They are not “John and Jane Doe” with money to invested. We strive to connect with our clients whole heartly, by knowing who they are and where they pursue their life goals. We communicate to our clients our clients. Our ability and willingness to stand by them through the financial implications of all the ups and downs of life. We are like a co-pilot sharing in the life journey of our clients for many years into the future.
Home I About Us I Bio I Financial Planning I Portfolio Management I Retirement Planning Services
Welcome To Financial Legacy Management
Financial Legacy Management
FLM strives to fulfill three basic promises with each and every client. They are as follows:
Financial Planning, Portfolio Management, Retirement Plan Management
We promise to educate with honesty and integrity - Many advisors want clients to be left in the dark. They can’t or won’t explain financial products or concepts. They annoy clients with financial industry lingo. We realize that clients want their own financial tutor who can speak plain English. By understanding concepts set forth by the advisor, clients feel a sense of growth and empowerment. We are proactive by equipping our clients with the tools to make knowledgeable and wise financial decision. We want our clients to know what’s going on at all times and understand our philosophy on “Financial Life Management.” We are committed to provide financial seminars for our clients and their family, as well as our community.
Financial Legacy Management will help to simplify your financial life. The process is built around a partnership between us and the client. Since we do sell any products, our success is ultimately tied to your success. We are confident that our clients will become our best advertising.
Our Competive Advantage
Alvin Rogers, II CFP, MBAFinancial Legacy Management, Inc. 13 Office Park DriveLittle Rock, AR 72211 Phone#: 501-514-5531 Email: alvin@financiallegacymanagement.com
Financial Legacy Management (FLM) is a fee-only financial planning and portfolio management firm dedicated to helping our clients reach their financial goals in the most efficient manner possible. We do this by looking at the clients’s entire financial situation at once. Your different financial advisors: CPA, lawyer, insurance agent, and stock brokers, look at individual pieces of your financial situation. Financial Legacy Management looks at your entire financial picture. We have knowledge of all aspects of your finances. We will look to make sure that all of the pieces are working together in the most efficient manner possible
Alvin Rogers, II CFP®, MBA  Educational and Professional Certifications: In 1992, Alvin obtained his Bachelors degree, majoring in Accounting from the University of Arkansas at Little Rock. In 1994, he received his Masters degree from Webster University.   Business Background: Alvin brings several years of experience in the fields of financial planning, tax, accounting, employee benefits and management. He has been registered as an investment advisor representative with the State of Arkansas since 1999. In 1997, Alvin began his career in financial planning with a major financial services firm. In January of 1999 he became a CERTIFIED FINANCIAL PLANNERTM practitioner. In January 2001, Alvin was admitted to membership in the National Association of Personal Financial Advisors (NAPFA). Alvin has made guest appearances on several local television shows including, “Good Morning Arkansas” and “Talk Business”. Recently he was quoted in two financial industry publications: Accounting Today and Financial Advisor. Prior to joining FLM, Alvin has served as Vice President of Finance for a national manufacturing firm, Employee Benefits Specialist for a Fortune 500 company and Managing Planner a competing Investment Advisory Firm.
Bios of FLM Leadership Team
John W. Kelley, CFP: Educational and Professional Certifications:   B.A., Finance, University of Arkansas, Little Rock, 1998; Financial Planning Program, College for Financial Planning, 2002; CFP, Certified Financial Planner Board of Standards, 2003; Financial Life Planning Certification, Money Quotients, Inc., 2004   Business Background: Planner/Portfolio Manager, The Arkansas Financial Group, 1999-2005; Director of Client Services, The Arkansas Financial Group, 2001-2005; Chief Compliance Officer, The Arkansas Financial Group, Inc., 2002-2005; President, Kids Life & Money, 2004- present.  Memberships & Community Outreach: Financial Planning Association, 2000-present; Keynote Speaker, USDA National Convention, 2003; Instructor, Community Resources Technicians, 2003-present; Team Leader, Martin Luther King, Jr. King Team 2004; Instructor, Kids Life & Money, 2004- present; Advisory Board Member, Consumer Credit Counseling, 2004-present.
Alvin Rogers, II CFP, MBAFinancial Legacy Management, Inc. 13 Office Park Drive Little Rock, AR 72211 Phone#: 501-514-5531 Email: alvin@financiallegacymanagement.com
To help get a clear picture of your finances, we can use the analysis that your financial life is like a pyramid. When building a pyramid, we first have to build a strong foundation or base. This involves making sure that you are protected from potentially disastrous financial events. No matter how well designed your investment portfolio; the financial pyramid will fall without adequate insurance in place to protect against lawsuits, death, disability, and health problems. We also help to make sure that you have adequate cash reserves in place so that you will not need to access your investment portfolio for short term cash needs resulting from: insurance deductibles, career changes, house or automobile repairs, etc. Finally, we make sure that you are taking advantage of all available tax breaks. To build the base of the pyramid, we design a financial plan built to help you reach your goals. The basic financial plan will answer questions such as: When can I afford to retire?How much do I need to be saving for retirement? How much do I need to be saving for my children’s college? What is the best way to save my money? IRA, 401k, Deferred Compensation, 529 plan, Roth IRA, Education IRA, UTMA account, annuity, etc.? How can I pay less in taxes? Do I need a will, trust, or marital trust? How much life insurance do I really need? What kind of life insurance is best for me? Term, Level Term, Universal Life, Variable Life, Whole Life? Am I maximizing the use of my employee benefits? Do I have enough auto, house, disability, health and liability insurance? Where should I invest my money? Financial planners serve as the quarterback of your financial team. Since financial planners have a general knowledge of all areas of your financial situation, we can help you decide what types of specialists that you might need and help work with those specialists to provide only the services that are tailored to your unique situation. Also, although your financial plan is designed at a specific point in time, we will be there to help guide you through any life changes that may alter your financial needs. As you progress through life, we can help make sure that you are making smart financial decisions. Life changes such as: a new career, a new baby, buying a bigger house, paying for college, starting a business, inheritances, retirement, passing assets at death, and creating a legacy require updates to your financial plan. In addition, most advisors get paid for selling a product, not for advice. That’s where we are different. We get paid by you. We are a fee-only financial planning firm. This means that we do not receive any compensation from any sources other than the client. This eliminates hidden incentives, kickbacks, commissions, or any other compensation that may compromise our services. This enables us to provide you with objective advice, with no conflicts of interest. The base plan will include:   Summary of Personal Background Information  Income and Expense Summary  Cash Flow Analysis  Net Worth Statement  Summary of Goals and Objectives  Tax Summary  Insurance Needs Analysis  Retirement Plan Projection  Education Needs Analysis  Employee Benefits Summary  Summary of Recommendations  Special situations that may call for more extensive analysis and spreadsheet design will be charged an additional fee depending on the complexity of the situation. This will be negotiated in advance. The special situations would include, but are not limited to: detailed estate planning or trust analysis, stock option analysis, deferred compensation payout options, and complex tax analysis.
Financial Planning Services
Portfolio Management Services
The second level of your financial pyramid is asset management. With a solid foundation, you have the ability to pursue higher returns on your investment portfolio. Your investment portfolio is the fun, exciting part of your finances. Like building a house, although the foundation is the most critical part, most people want to spend all of their time decorating or designing a unique house. Our Philosophy Expenses can decimate an investment portfolio. Some fees are necessary to receive financial advice, but most people do not know all of the expenses that their portfolio is being charged. For example, do you know what mutual fund sales loads, 12b-1 fees, trading costs, mutual fund management expenses, and extra taxation costs as a result of excessive trading that you pay annually. These fees can easily subtract 3% yearly from a portfolio. Therefore, if your portfolio had an average return of 8%, you would only receive around 5% after fees, expenses, and taxes. On a $100,000 portfolio, this would be the difference between having $684,848 and $338,635 after 25 years. Most of these excess fees are a result of advisors trying to find the next Microsoft or Dell. The sad thing is, none of these extra fees have a positive relationship with investment returns. As a matter of fact, a professional study was conducted and it found that 95% of all investment returns can be explained by asset class selection (such as whether you were in large-cap stocks, small-cap stocks, bonds, real estate, etc.). That means less than 5% of your returns are dependent on those expenses for which most people are overpaying. We try to minimize expenses from trading or mutual funds; and we analyze the tax consequences of any transactions that we make. Our philosophy is different. We spend our time concerned with trying to find the right asset class mix to maximize your return and minimize your risk. Our approach is based on Nobel Prize winning research (not by us!) called modern portfolio theory, which states that there is an efficient mix of assets for any given risk level. We spend our time on trying to find the most efficient asset classes for your portfolio. We try to minimize expenses from trading or mutual funds; and we analyze the tax consequences of any transactions that we make. We also focus on finding your appropriate risk level. Investment managers measure the risk level that is appropriate for a client in two different ways: your willingness to take risk and your ability to take risk. Your willingness to take risk is influenced by a lot of different factors. This could include: parent’s feelings about money, personal experiences with money, bad previous investment experiences, and lack of education about investing. A good financial advisor will help to educate the investor and over time most investors will become more comfortable with the process and increase their willingness to take risk. Your ability to take risk can be gauged by analyzing your financial situation. The following would all increase your ability to take risk: low levels of expenses to income, high level of net worth, long investment horizon, low levels of debt, adequate emergency cash reserves, proper amounts and kinds of insurance, and job security among others. Having a good financial plan is like the having a strong foundation on a house. It will allow you to build a more elaborate house, with more security in the long term nature of the project. Financial planning will increase your ability to take risk. It would be detrimental to invest at a level of risk higher than your ability or willingness. This would surely lead to an increased chance that you will need or want to sell equities during a down period. After we have determined the correct risk level, we will develop an investment policy statement (IPS) that will include any situations or tax considerations that are unique to your portfolio and recommend an asset allocation. We look at providing an allocation for all of your investment accounts, with consideration to the different tax consequences of each, while maintaining focus on the entire portfolio. We consolidate all of your investment accounts into our database management software. This allows us to provide you with an overall picture of your investments. Asset management services will include: Quarterly Report on all assets and performance of entire portfolioIPS creation and updates when needed Investment Decisions and Due Diligence Yearly Client meeting Account Maintenance (opening accounts, wire transfers, etc.) Transfer any existing accounts to Fidelity Rebalancing your investment portfolio as you add cash or as the market fluctuates Tracking progress towards your goals  Buying and selling assets as needed  Setting up automatic investments/withdrawals from your investment accounts All of our services are billed as a percentage of assets under management. Again, all compensation comes from you. The fee will be drafted from your investment account at the beginning of each quarter, based on market value of the investment assets at the end of the previous quarter. The minimum fee for any quarter is $250. The fees will be calculated as follows: Advisory Fee Structure 1.0% on the first $3,000,000 of assets. 0.8% on assets over $3,000,000 To paraphrase Warren Buffett and Charlie Munger – The wise investors bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. Wait for the FAT PITCH. You don't get paid for activity. You get paid for being right
Our Philosophy Expenses can decimate an investment portfolio. Some fees are necessary to receive financial advice, but most people do not know all of the expenses that their portfolio is being charged. For example, do you know what mutual fund sales loads, 12b-1 fees, trading costs, mutual fund management expenses, and extra taxation costs as a result of excessive trading that you pay annually. These fees can easily subtract 3% yearly from a portfolio. Therefore, if your portfolio had an average return of 8%, you would only receive around 5% after fees, expenses, and taxes. On a $100,000 portfolio, this would be the difference between having $684,848 and $338,635 after 25 years. Most of these excess fees are a result of advisors trying to find the next Microsoft or Dell. The sad thing is, none of these extra fees have a positive relationship with investment returns. As a matter of fact, a professional study was conducted and it found that 95% of all investment returns can be explained by asset class selection (such as whether you were in large-cap stocks, small-cap stocks, bonds, real estate, etc.). That means less than 5% of your returns are dependent on those expenses for which most people are overpaying. We try to minimize expenses from trading or mutual funds; and we analyze the tax consequences of any transactions that we make. Our philosophy is different. We spend our time concerned with trying to find the right asset class mix to maximize your return and minimize your risk. Our approach is based on Nobel Prize winning research (not by us!) modern portfolio theory, which states that there is an efficient mix of assets for any given risk level. We spend our time trying to find the most efficient asset classes for your portfolio. The objective of these services is to help companies implement 401K Profit Sharing and Pension Plans for the employer and employees. We do this by: Providing help in choosing the correct plan for your business.Collaborating with an attorney to develop the Summary Plan Description with the appropriate parameters for you and your employees. Collaborating with a pension plan administrator to coordinate individual account balances and compliance of the plan with the IRS. Providing education sessions for you and your employees on the benefits and specifics of the plan. Conducting enrollment sessions with you and your employees. Quarterly Reporting on all assets and performance of entire portfolio. IPS creation and updates when needed. Investment Decisions and Due Diligence. Account Maintenance (opening accounts, wire transfers, etc.). Rebalancing your investment portfolio as you add cash or as the market fluctuates. Tracking progress towards your goals. Buying and selling assets as needed. Setting up automatic investments/withdrawals from your investment accounts. All of our services are billed as a percentage of assets under management. Again, all compensation comes from you. This eliminates all of the hidden expenses that can be associated with investment managers as mentioned on the beginning of this section. The fee will be drafted from your investment account at the beginning of each quarter, based on market value of the investment assets at the end of the previous quarter. The minimum fee for any quarter is $250. The fees will be calculated as follows: Advisory Fee Structure 1.0% on the first $3,000,000 of assets. 0.8% on assets over $3,000,000 To paraphrase Warren Buffett and Charlie Munger – The wise investors bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. Wait for the FAT PITCH. You don't get paid for activity. You get paid for being right.
Retirement Plan Services401(k) Profit Sharing and Pension Plan Services