Michael Terry

Further information about Michael Terry:

Michael Terry, CFP(TM) is founding principal of Michael Terry Planning, LLC, a Fee-Only financial planning and Registered Investment Advisory firm Maspeth, NY in the borough of Queens, New York City. The firm specializes in providing hourly, as-needed financial planning and advice to people from all walks of life, as well as asset management, retirement planning and college planning. Michael Terry Planning, LLC is part of the Garrett Planning Network, a nationwide network of fee only planners.

Because no third-party compensation is received, all potential conflicts of interest regarding compensation are removed. Michael Terry Planning, LLC works solely for our clients with no third party agendas to influence his recommendations. Our focus is purely on the needs and risk tolerances of our clients.

We offer flexible, needs-based services. Our clients can select the program that makes sense to them, whether it is ongoing asset management and comprehensive services (typically the program selected by clients with a sizeable asset base) offered on a retainer basis or a percentages of assets under management, or one-time or periodic consultations (typically selected by the more self-directed investor or people in the earlier phases of wealth accumulation) provided at reasonable hourly rates. Our programs are flexible and can be custom tailored.

MEDIA AND PUBLIC SPEAKING:
Michael Terry, CFP(TM) has been quoted in many local and national communications including the New York Daily News, Money Magazine, Retire with Money, Consumer Reports, and other publications. He has appeared on Inside Edition and on National Public Radio. He has appeared in seminars for the Financial Planning Association of New York, hosted seminars on college planning, retirement planning and estate planning at numerous branch libraries in the Queens Public Library system. In addition, has taught the Introduction to Financial Planning and Retirement Planning at Marymount College in Tarrytown, NY and at St. John's University.

SUMMARY OF EXPERIENCE:
* Experienced financial consultant involved in the financial planning profession since 1998.

* Financial Planner with Financial Asset Management Corporation in Manhattan from 1999 to October 2006

* Personally manages assets of over $24,000,000.

* Editorial Financial Manager Money Magazine 1989-1997

Compensation and Fee Structures:

Fee-only. Hourly or flat fees are available. No commissions or finders fees accepted. No minimums.

Licenses, Certifications & Affiliations:

* Completed CFP course work through the College for Financial Planning. Received Certified Financial Planner (CFP) designation from the CFP Board of Standards in 1995.

* Accredited Asset Management Specialist from the College for Financial Planning, 1998

* Financial Planning Association

* Former Board Member New York Chapter of the Financial Planning Association

* Past President, Kiwanis Club of Maspeth, 2004 - 2006

* Member, Maspeth Chamber of Commerce

* Assistant Scoutmaster, Troop 45, Maspeth, NY 2000 - Present

* Cub Master, Pack 225, Long Island City, NY

* Treasurer, Phi Mu Alpha Sinfonia, New York Alumni Society, 2005 through present

* Garrett Planning Network

Education:

Bachelor of Arts, Memphis State University, 1971
Bachelor of Music Memphis State University, 1977
Master of Music, Memphis State University, 1979
Master of Business Administration, New York University, 1986

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Further information about Michael Terry Planning, LLC:

(Size of firm: 0-9 advisors)

Michael Terry Planning, LLC is a Fee-Only financial planning and Registered Investment Advisory firm headquartered in Maspeth, New York in the Boro of Queens, New York City, Michael Terry, CFP(TM), President.

We specialize in providing financial planning and advice to individuals and families, regardless of their networth, income or investable assets. As Fee-Only advisors, we work solely for our clients. Because no commissions are ever received, all potential conflicts of interest regarding compensation are removed. We can work with you on an as needed, hourly basis, a flat fee retainer basis or manage your assets using a flat fee or percent of assets managed. We are flexible. We will work with you to find a fee structure that is comfortable for you.

We work with people from all walks of life, providing Fee-Only financial planning and advice for everyday life. Clients have the flexibility to engage us on either a one-time, as-needed or ongoing basis.

Remember, you don't have to have a fortune to start building one. Today is always the best time to get started. Whether you are building assets for the future - or seeking to protect, enjoy and pass on those you already have - Michael Terry Planning, LLC. Here are some of the areas where we can help you:

Retirement Planning:
* When can I retire?
* How much will I need?
* What will my taxes be?
* Will I leave any assets for my heirs?
* Will I run out of Money?

College Planning:
* What's the best way to save for College?
* Can you help me through the financial aid forest? (Yes we can).
* Should I borrow from my retirement plans

Risk Management:
* Do I have enough or too much life insurance?
* Should I consider Long-term Care insurance?
* Do I need liability coverage?
* Is my home adequately insured?
* What is disability insurance and do I need it?

Investment Planning and Investment Management:
* What is asset allocation and diversification?
* Do I need it?
* Am I well diversified?
* How can I be sure my assets are safe?

Estate Planning:
* Do I need a will?
* What about a living trust?
* Do I really need high priced estate planning?
* Is the government going to take all my assets when I die?

Budgeting and Credit:
* Do I need a budget?
* Am I too deeply in debt?

Miscellaneous Questions:
* Lease or Buy?
* Mortgages and Home Equity?