Baskin Financial Planning
Founder, Financial Planner
Baskin Financial Planning
Founder, Financial Planner
As a fee-only financial planner, my focus is to offer unbiased financial advice to help you achieve your life goals. - Erik Baskin, MBA
Fee-Only financial planner serving clients locally and across the country with comprehensive financial planning for a flat, transparent fee.
Erik Baskin is a Dayton, OH fee-only financial planner serving clients locally and across the country. Baskin Financial Planning provides comprehensive financial planning and investment management for a flat, transparent fee to help active duty military and veterans, working professionals, pre-retirees, and retirees organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, Erik Baskin is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
Erik Baskin is a Dayton, OH fee-only financial planner. Baskin Financial Planning provides comprehensive financial planning and investment management to help clients plan for their financial future. As a fee-only, fiduciary, and independent financial advisor, Erik Baskin is never paid a commission of any kind, and works only for the client - not a broker, insurance company, or bank.
In 2018, after graduating the U.S. Air Force Academy with an Economics degree, I began my professional career as a hospital administrator. As I was sitting in my apartment in Cheyenne, Wyoming I quickly realized that the military wasn't going to be a career for me. I was captain of a Division I hockey team in college, and I still had that competitive drive that I needed to harness into something. I knew that I wanted to start a business, I just didn't know what yet.
For the next 9 months, I binged business and entrepreneurship books and researched business ideas. One book in particular called the $100 Startup by Chris Guillebeau said that you should find something that people naturally come to you for, and something that you are passionate about. This was my lightbulb moment. For me, that thing has always been investing and personal finance. I was always interested in the stock market, and many times found myself in conversations giving people finance pointers.
From there on out, I was dead set on building a financial planning firm to help people align their money with their values. I began building Baskin Financial Planning in early 2019 while getting my MBA and passing the CFP exam, finally launching the business in 2021 all while serving on Active Duty.
Bachelor of Science (B.S.), Economics- United States Air Force Academy, 2018
Master of Business Administration (MBA) Finance- University of Nebraska-Lincoln, 2021
Certificate, Business Analytics- University of Nebraska-Lincoln, 2021
FINRA Series 65 Licensed
Candidate for CFP® certification
Erik Baskin 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.
Baskin Financial Planning is a virtual, independent, financial planning firm that offers comprehensive financial planning and investment management for a flat fee; no backdoor commissions or hidden costs.
The unsettling reality is that 90% of advisors are registered brokers. Financial brokers are incentivized by their employers to sell products, such as life insurance. In other words, brokers can, and will, charge their clients a fee for receiving financial advice while also collecting a commission on any product they sell to their client. Take a moment to see if your current financial advisor is registered as a broker at brokercheck.finra.org.
I am proud to be one of the 1.6% of financial advisors who are exclusively registered as an investment advisor and, therefore, a pure fiduciary. I am both morally and legally obligated to put my clients' best interests first, I will never sell my clients a product or collect a commission. In summary, the success of my business is solely based on the financial success of my clients.
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
- Estate Planning
- Risk Management
- Cash Flow and Debt Planning
- Military and Veterans
- Retirees and Pre-Retirees
- Executives and Young Professionals
- Medical Professionals
- Business Owners
- Professional Athletes
- Complimentary Initial Consultation
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
Professional Designations & Affiliations
Erik Baskin 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.
Erik Baskin is Quoted in ThinkAdvisor: "What to Do When Your Soon-to-Retire Client Needs to Save More: Advisors' Advice"
Erik Baskin is Quoted in ThinkAdvisor: "Where 11 Advisors Are Telling Clients to Park Their Cash: Advisors' Advice"
Erik Baskin is Quoted on Bloomberg: "Inflation or Recession: Which Should You Fear More?"
Erik Baskin is Quoted in ThinkAdvisor: "How to Quell Clients' 401(k) Balance Panic in Bear Markets: Advisors’ Advice"
Erik Baskin is Quoted in ThinkAdvisor: "What Advisors Are Telling Clients About 'Buying the Dip': Advisors' Advice"
Erik Baskin is Quoted in US News and World Report: "Protect Your Money From Zelle Scams"
Erik Baskin is Quoted on Bloomberg: "Tips for What To Do If You Just Lost Your Job"
Erik Baskin is Quoted on Bloomberg: "Here Are Some of the Best Places to Find Yield for Your Cash"
Erik Baskin is Quoted in PolicyGenius: "44% of Americans aren't financially prepared for long COVID"
Erik Baskin is Quoted in MarketWatch: "Elon Musk’s Twitter bid may tempt retail investors to 'buy the rumor, sell the news': Here's what financial advisers suggest instead"
Erik Baskin is Quoted in MarketWatch: "Robinhood extends trading hours from 7 am to 8 pm. Here are 3 things NOT to do when trading stocks after hours."
Erik Baskin is Quoted in Sound Dollar: "Easy, Smart Ways for Gig Workers to Invest for Retirement"
Erik Baskin is Quoted in ThinkAdvisor: "How 10 Advisors Are Handling Market Volatility Now: Advisors' Advice"
Erik Baskin is Quoted in Financial Planning Magazine: "Top mutual fund and ETF families: Same names but lots more in assets after market runup"
Erik Baskin is Quoted in US News and World Report: "You've Lost Your Debit Card. Now What?"
Erik Baskin is Quoted in PolicyGenius: "The 5 biggest reasons Americans are anxious about their money this year"
Contact Erik Baskin
3965 Pepperwell Circle
Sugarcreek Township, OH 45440