Erik O. Klumpp
CFP®, EA
Chessie Advisors, LLC
Founder, President & Financial Planner
Erik O. Klumpp
CFP®, EA
Chessie Advisors, LLC
Founder, President & Financial Planner
My focus is to offer unbiased financial planning and investment management services to teachers, engineers, and young professionals. - Erik O. Klumpp, CFP®, EA
Fee-Only financial planner located in the Rochester Hills, Shelby Township & Utica, Michigan area of Metro Detroit, serving clients locally and across the country.
Erik Klumpp is a Rochester Hills, MI fee-only financial planner. Chessie Advisors, LLC provides comprehensive financial planning and portfolio management to help teachers and engineers organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, Erik Klumpp is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
Erik Klumpp founded Chessie Advisors, LLC in 2014 after more than a decade in the financial planning industry. Throughout his career, he has provided financial counseling to clients from all walks of life, from assembly-line workers to teachers to mid-level engineers to high-level corporate executives and everything in between.
With Chessie Advisors, Erik wanted to turn his primary focus to those seemingly underserved by traditional advisors and offer comprehensive financial planning and investment advice without minimum asset levels to teachers, engineers, young professionals, and widows. Erik is also President of Chessie Tax, LLC, an income tax preparation firm serving individuals and small business owners.
Erik spent a year test-driving a mechanical engineering degree at Kettering University before going on to earn his bachelor of science in Finance from Indiana University in Bloomington, Indiana. He knew he wanted to focus his career on personal financial advising. After graduation, Erik worked with a number of top registered investment advisor firms in Michigan before founding Chessie Advisors and Chessie Tax in 2014.
Erik is a Certified Financial Planner™ professional. He is also an Enrolled Agent. He is a member of the XY Planning Network, a member of The National Association of Personal Financial Advisors (NAPFA), a member of the Financial Planning Association (FPA), and a member of the National Association of Enrolled Agents (NAEA).
Erik O. Klumpp 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.
Who We Are?
Chessie Advisors, LLC was founded on the belief that reasonably-priced, objective, comprehensive, fee-only financial planning and investment management should be available to everyone, not just those with high investment account balances.
We provide financial planning and investment guidance to teachers, engineers, attorneys, young professionals, widows, and other clients typically served by brokers or other high commissioned salespeople.
We don’t sell insurance. We don’t have our own proprietary funds. We receive no hidden commissions or kick-backs. We analyze your situation, and recommend solutions that are in your best interest, not ours. Ultimately, we want to give you all of the tools to make an informed decision. We give you the peace of mind knowing that, as your trusted advisor and guide, we are helping you stay on track toward your goals and dreams, not trying to take advantage of you.
We deliver truly comprehensive wealth management plans focused on all aspects of your financial situation, including investment management, tax and estate strategies, retirement and education cash flow analyses, and risk management.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
Specialties
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Management
- Tax Planning
- College Education Planning
Ideal Clients
- Business Owners and Executives
- Retirees and Near Retirees
- Engineers
- Teachers
- Young Professionals
Working Together
- Complimentary Initial Consultation
- In-Person Meetings
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
Professional Designations & Affiliations
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Erik Klumpp is a NAPFA-Registered Financial AdvisorThe 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.
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Erik Klumpp is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for VerificationCFP® 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.
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Erik Klumpp is a Member of the XY Planning NetworkThe 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.
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Erik O. Klumpp is a Member of The Financial Planning Association® (FPA®)FPA® is the largest membership organization for CFP® professionals in the U.S. and supports high standards of professional competence, ethical conduct, and clear, complete disclosure when serving clients.
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Erik O. Klumpp is an Enrolled Agent (EA) with the IRSAn enrolled agent is a federally authorized tax practitioner empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service. Enrolled agent status is the highest credential awarded by the IRS.
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Erik O. Klumpp is a Member of The National Association of Enrolled Agents (NAEA)Enrolled Agents (EAs) are America's Tax Experts®. EAs are the only federally licensed tax preparers who also have unlimited rights to represent taxpayers before the IRS. “Enrolled” means to be licensed to practice by the federal government, and “agent” means authorized to appear in the place of the taxpayer at the IRS. Only enrolled agents, attorneys, and CPAs have unlimited rights to represent taxpayers before the IRS.
Contact Erik O. Klumpp
Office Locations:
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1424 Catalpa Dr
Rochester Hills, MI 48307
