Meyers Wealth Management
Fee Only Financial Planner Located in Palo Alto, CA and Serving Clients Nationwide
David Meyers is a Palo Alto, CA fee-only financial planner. Meyers Wealth Management provides comprehensive and objective financial planning to help clients organize, grow and protect their assets through life and life’s transitions. As a fee-only, fiduciary, and independent financial advisor, David Meyers is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
David Meyers is a Fee Only Financial planner in Palo Alto, CA. David Meyers is a NAPFA-Registered Financial Advisor.
David started Meyers Wealth Management after a long career doing quantitative work for the management of institutional fixed-income portfolios, rather than through the more traditional channel of sales or marketing or working at a brokerage or insurance shop.
David moved from the institutional business to starting a personal financial planning practice because he believes that people are not well served by the traditional models - either they are paying way too much for portfolio management, being sold products rather than advice, or simply being ignored by the industry.
In addition to traditional ongoing asset-management-based comprehensive planning, David is happy to work with clients on an hourly consulting basis. Clients are not obligated in any way to turn over assets for management, nor are there any minimum levels of assets necessary to engage his services.
His clients include young people, families with children, retirees, self-employed people, business owners, trustees, and others.
David Meyers is a Member of the National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.
NAPFA members live by three important values:
- To be the beacon for independent, objective financial advice for individuals and families.
- To be the champion of financial services delivered in the public interest.
- To be the standard bearer for the emerging profession of financial planning
Comprehensive Financial Planning including Portfolio Management
More details below:
If you have one or two specific issues to address and only need a limited engagement, this is the service for you. We’ll schedule a meeting - usually two hours - you’ll bring in all the information we need (we’ll provide a document list and questionaire to help you prepare for this) - and we’ll dig in together. We can provide a summary of our meeting, and possibly more detailed follow-up notes and/or additional meetings depending on your needs. We bill by the hour for this service.
Some of the types of work we typically do in these sessions include: retirement savings projections, Social Security claiming strategy optimization, portfolio risk analysis, home affordability, college savings, tax planning, dealing with stock options and RSUs, employer benefits selection including investment choices in the employer’s retirement plan, etc.
Comprehensive Financial Planning including Portfolio Management
We start with a comprehensive review of your overall financial situation, and generally cover all the topics noted above and more. We may model most of your finances in our Financial Planning Dashboard, review and prioritize goals, and provide written financial planning notes. We’ll schedule meetings as necessary to update and review details and portfolios, and be available ad-hoc as well to address any issues that arise. We’ll coordinate with your CPA/EA (tax preparer) and your estate attorney as necessary, and review your tax situation both before you file, and before year-end and other deadlines.
For each account or set of accounts, we’ll work with you to develop an investment plan, and then we’ll manage those accounts for you in accordance with that investment plan.
We’ll take into consideration existing assets (especially important in taxable accounts where selling off some of those assets may have huge tax consequences), we’ll perform tax loss harvesting on an opportunistic basis where we can.
We’ll optimize not only asset allocation, but also asset location, too. This means we’ll consider what kinds of securities (i.e., stocks, bonds, etc), but also where it’s best to hold those securities (IRA, Roth IRA, taxable account, etc).
There is no minimum level of assets required for this service, though we do have a minimum annual fee. This service is priced based on a percentage of the assets under management.
We never require any clients to turn over assets for portfolio management as a condition to receive financial planning services.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Management
- College Education Planning
- Tax Planning
- Retirees and Near Retirees
- Growing Families
- Business Owners and Executives
- Sudden Money Situations
- Novice Investors
- In-Office Meetings
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
- Complimentary Initial Consultation
Professional Designations & Affiliations
David Meyers is a NAPFA-Registered Financial Advisor
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
David Meyers is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for Verification
CFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
David Meyers is a Member of the XY Planning Network
The XY Planning Network is the leading organization of fee-only financial advisors who are focused on working with Generation X and Generation Y clients. Our mission is to connect consumers with best-in-class financial advisors who specialize in working with clients just like you.
Contact David Meyers
441 California Ave, Suite 7
Palo Alto, CA 94306