*Special Advertising Feature*
Certified Financial Planner | Wye Financial Partners
Chris Parks is a Certified Financial Planner™ and Financial Advisor at Wye Financial Partners, the investment division of Shore United Bank N.A. After working in financial planning for several years, Chris wanted to be a more powerful advocate for his clients. He decided to expand his financial knowledge and earned his CERTIFIED FINANCIAL PLANNING™ designation in 2019. Chris is a lifelong resident of Queen Anne’s County and received his college degree in mathematics from Salisbury University.
Why is financial planning important?
A comprehensive financial plan serves as a framework for organizing the pieces of your financial picture. With a financial plan in place, you’ll be better able to focus on your goals and understand what it will take to reach them.
Can you explain what the financial planning process look like?
When I create and implement a comprehensive financial plan, it generally involves working to:
- Develop a clear picture of your current financial situation by reviewing your income, assets, and liabilities, and evaluating your insurance coverage, your investment portfolio, your tax exposure, and your estate plan.
- Establish and prioritize financial goals and time frames.
- Implement strategies that address your current financial weaknesses and build on your financial strengths.
- Choose specific products and services that are tailored to help meet your financial objectives*
- Then we monitor your plan, adjusting as your goals, time frames, or circumstances change.
How many financial professionals will be involved?
The financial planning process can involve a number of professionals. Financial planners typically play a central role in the process, focusing on your overall financial plan, and often coordinating the activities of other professionals who have expertise in specific areas. Accountants or tax attorneys provide advice on federal and state tax issues. Estate planning attorneys help you plan your estate and give advice on transferring and managing your assets before and after your death. Insurance professionals evaluate insurance needs and recommend appropriate products and strategies. Investment advisors like me, provide advice about investment options and asset allocation, and can help you plan a strategy to manage your portfolio. The most important member of the team, however, is you. Your needs and objectives drive the team, and once you’ve carefully considered any recommendations, all decisions lie in your hands.
Why can’t I do it myself?
You can, if you have enough time and knowledge, but developing a comprehensive financial plan may require expertise in several areas. We can give you objective information and help you weigh your alternatives, saving you time and ensuring that all angles of your financial picture are covered. Don’t leave your financial future to chance, reach out today!
Christopher Parks CFP® | Wye Financial Partners 16 N. Washington Street Easton, MD 21601 410-763-8543
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA and SIPC). Insurance products are offered through LPL or its licensed affiliates. Shore United Bank N.A. and Wye Financial Partners are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Wye Financial Partners and may also be employees of Shore United Bank N.A. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of Shore United Bank N.A. or Wye Financial Partners. Securities and insurance offered through LPL, or its affiliates are: Not Insured by FDIC or Any Other Government Agency | Not Bank Guaranteed | Not Bank Deposits or Obligations | May Lose Value.
