Richard Feight
CFP®, EA
IAM Financial, LLC
Financial Advisor
Richard Feight
CFP®, EA
IAM Financial, LLC
Financial Advisor
As a fee-only financial planner, I help you organize your finances so that you can retire on time. And I do it within the transparent fee-only, Fiduciary business model. - Richard Feight, CFP®, EA
I help self-employed business owners and professionals in East Lansing and Grand Rapids, MI and across the country organize their finances so that they can retire on time.
Helping self-employed business owners and professionals organize their finances so that they can retire on time by offering comprehensive financial planning, investment management, and tax planning and preparation.
Making you aware of your finances NOW so you can make conscious choices to get where you want to be.
For most, that’s the dream of retirement. Beyond retirement, the next level is raising your awareness around money so you can live with purpose.
Hi, I'm Rich Feight, Owner of IAM Financial.
My super-power is organizing things. I LOVE trying to make things fit. My background is in finances so naturally, I like organizing people’s money. I am also spiritually oriented and enjoy looking at things on a deeper level.
Money has always impacted me. Growing up, we lived in the biggest house and had the nicest cars. Our family motto was "he who dies with the most toys, WINS!" We had two corvettes with the license plates TOY 2 and TOY 3. Apparently, TOY 1 was taken. It's a great motto if you get to enjoy them. But I didn't see my Dad too much. He was a workaholic.
One year my Dad was writing an article for work about timeshares. We went to Florida, the Timeshare Kingdom. The year was 1987. It was the year my grandma died. My Mom made him buy the timeshare on the spot.
Up until then we'd camped or taken an overnight vacation every now and then. But not often, and time was slipping away. My brother was in high school and I was in middle school. We finally had something to look forward to every year. That one week together at the golf course, or on the beach.
In 1997 I started working at my Dad's company doing financial planning. He introduced me to The Millionaire Next Door by Thomas Stanley and I started saving money. I also got to spend a lot of time with him. But there was always a strain around money. It seemed like there was always a balance between time and money. You could have one or the other, but not both. I think it comes from the motto he taught me early on that time is money.
In 2007 my son Tyler was born and something had to change. I had to figure out a way to have both time and money. In 2008 I started IAM Financial because I wanted to change my relationship with money and share it with the world.
Now, I'm a self-made millionaire and take summers and December off. I had a client tell me "I want to do something in my next phase in life that will give me a little money and doesn't require 80hrs a week. Kind of like you." He makes $700,000/yr and has a net worth of over $3.5 million. But he knows the value of time and money.
Oh, and my kryptonite is telling people no. So I'm working on an online course that'll teach others how to organize their money so they can enjoy life.
Richard Feight 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.
IAM Financial, LLC is a low-cost, fee-only, financial planning firm dedicated to helping self employed business owners and professionals organize their finances so that they can retire on time. They do this using simple, fundamental planning strategies such as:
- Pay Yourself First
- Live Debt (Stress) Free
- Create a (Plan) Vision
- Focus on (Net) Worth
And investing strategies such as:
- Low Cost Investing
- Tax Conscious Investing
- Passive (Index) Investing
- Asset Allocation
- Reduced Volatility
- Buy & Hold Investing with Opportunistic Rebalancing
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
Ideal Clients
- Retirees and Near Retirees
- Business Owners and Executives
- High Earner Young Professionals
Working Together
- In-Office Meetings
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
- Complimentary Initial Consultation
Professional Designations & Affiliations
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Richard Feight 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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Richard Feight 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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Richard Feight 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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Richard Feight is an Enrolled Agent with the IRS (Learn More)An 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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Richard Feight is a Member of the National Association of Tax Professionals
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Richard Feight writes for FiGuide
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Richard Feight Contributes to the Small Business Association of Michigan
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Richard Feight is Featured in the Wall Street Journal: "VOICES: Richard Feight, On a Changing Profession"
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Richard Feight is Quoted on Fox Business News: "Short on Savings, Americans Still Feeling Positive"
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Richard Feight is Mentioned in Financial Advisor Magazine: "New Members For NAPFA Board"
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Richard Feight is Featured on Michigan Business Network: "Don’t Commit These Financial Planning Errors"
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Richard Feight is Quoted in InvestmentNews: "Adventures in identity theft"
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Richard Feight Authored a Guest Blog on Words on Wealth: "5 Reasons Why You Should Delay Taking Social Security"
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Richard Feight is Quoted on Monteray Private Wealth: "THE $1 MILLION RETIREMENT NEST EGG MYTH"
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Richard Feight is Interviewed on The College Financial Lady Podcast: "How a Financial Advisor plans for his own children's educations with Rich Feight CFP®"
Contact Richard Feight
Office Locations:
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250 Monroe NW
Suite 400
Grand Rapids, MI 49503 -
333 Albert Ave
Suite 612
East Lansing, MI 48823
