Garrett Prom| CFP®, CRPC®
Prominent Financial Planning
- Fee-Only Financial Services
- Comprehensive Financial Planning
- Free Initial Consultation
- Investment Management
- Retirement Planning
- Education Planning
- Elder Care Issues
- Estate Planning
- Insurance Analysis
- Charitable Giving and Trusts
- Planning for Business Owners
- Cash Flow and Budgeting
Austin, TX 78737
Fee-Only & Fiduciary
The National Association of Personal Financial Advisors (NAPFA) is the country's leading association of fee-only and fiduciary financial planners.
As a fee-only CERTIFIED FINANCIAL PLANNER(TM), I believe that the earlier you begin planning for your financial future the more likely you are to achieve your financial goals. And, if you are like most individuals seeking my services, you are seeking assistance with your investments. While investment selection and strategy is important, it is just one of many aspects that will impact your financial health and contribute to your financial future. My responsibility is to ensure we work together to evaluate your entire financial life (retirement planning, budgeting, debt reduction, adequate emergency funds, children’s education, home and auto financing, insurance planning, work benefits, etc.) so that we create a cohesive plan and adjust that plan as needed to achieve your future goals.
For this reason, I specialize in working with Generation X and Y, creating financial plans for my clients that are adjusted as needed throughout their life. My holistic approach and methodologies have been highlighted in Money Magazine, US News & World Report, Investopedia, The College Investor, and I have also earned recognition as one of the “Top Financial Advisors for Millennials by Money Under 30.”
I never thought we’d do it but we’ve left the city lifestyle for the exceptionally rated school district. My son is just beginning kindergarten and my daughter isn’t far behind him. My wife and I can’t believe we’ve started the carpooling for the children’s activities and our first born golden retriever must wonder where we are off to next. Our lives today reflect all the decisions that were made along the way.
Upon graduation, I was hired into General Electric’s leadership program and began my corporate career. During this time, I needed to make numerous financial decisions regarding my benefits package, funding my retirement goals, a car, a house, and repayment of debts. Then, add to this the complexities of life: changing roles to other Fortune 500 companies (Medtronic and Boston Scientific), marriage and children. Our lives today reflect all the decisions that were made along the way. The same is true for you.
I am here to help you make the important financial decisions in your life to achieve whatever it is you want to achieve. Your goals certainly don’t need to be the same as my wife and mine. The mere thought of leaving the city may be excruciating or you may not want children. It doesn’t matter what your goals are; what matters is:“are you making the right decisions to achieve those goals”. Advising you on these decisions is how I can serve you.
Prominent Financial Planning was established to provide financial planning advice and asset management to individuals and families during their accumulation years. If the right steps are taken during these years, then the likelihood of an individual or a family achieving their goals will increase significantly. These right steps are what we incorporate into a financial plan. Of course the earlier a plan is in place—the better. This can potentially limit the amount needed in the future, lower retirement age, fund children’s education, substantially increase future wealth for other goals such as vacations, second homes, legacies, etc.
Typically financial advisors have focused on clients that have already accumulated significant financial wealth, often by imposing a minimum dollar amount required before entertaining working with a client. Prominent Financial Planning does not have such minimums since everyone needs to start somewhere. We believe that if you make the right decisions early with our guidance then your success will become our success.
Prominent Financial Planning is an independent firm in order to provide financial planning so that our priorities align with yours–you, your family, your future. We do not receive compensation from anyone other than you.
- We do not receive any commissions for any investments we recommend
- We do not have quotas to meet for specific investment products
- We do not receive any referral bonuses from other professionals we refer.
For these reasons any advice or recommendations we offer are based solely on what is best for you. Since you are the only one paying us, you are the only one we work for.