Understanding Today’s Financial Environment
Welcome, I am Cregg Miyat, an Independent full service financial brokerage service financial professional in Bloomington/Normal, Illinois. I understand as an individual you will face unique financial challenges throughout your life. Whether your goal is saving for retirement, college savings, investment savings, or estate strategy, my personalized service focuses your needs, wants, and financial goals and objectives.
My business centers around financial planning, fee based and transactional asset management, business retirement plans, individual retirement plans, college savings strategies, investment savings strategies as well as life and long-term care insurance.
I have a professional resource team with years of experience and specific financial knowledge within the financial services industry. I would welcome an opportunity to become a valuable resource in helping you address your financial needs of today and for many years to come. Give me a call at (309) 585-0249 and let’s visit.
When I’m sitting down with people, I realize that financial planning and finances can be an overwhelming topic. For most people, it seems very complicated, and this can cause anxiety for people or even discord between family members, spouses, or business partners. To that end, I see my primary role as a financial advisor as helping to first educate people and then guide them toward financial decisions that can impact their lives in a positive way.
I try to look at all areas of your financial picture. A financial plan involves all of the major financial elements of your household and should be address insurance planning, investment planning, retirement-income planning, estate and legacy planning, household budgeting, tax strategies, college planning, and health-care planning.
My process starts with exhaustive discovery, covering the financial attitudes and underpinnings of your’ life, such as current net worth, assets, liabilities, income, current portfolio allocations, insurance coverages, and so forth. I use a comprehensive software system to help collect and organize that data, which also helps me go through a sequential financial-planning process and get to actionable recommendations. I discuss future goals in great detail, time lines, risk tolerances, and the unique circumstances that every family has. At the core, as a financial advisor, my job is to pick apart these factors, educate clients about various potential planning scenarios, and come to an agreement on forward-looking action plans.
I examine both the macro risks that could affect a client’s financial situation, as well as those that might be specific to their family or business circumstances. From an investment management standpoint, this usually starts with an evaluation of what you have been doing with your portfolios. Many times I have found a prospect does not realize the level of risk in their portfolio or whether it is a suitable level of risk. I do a lot of education on that topic and take you through a qualitative and quantitative risk assessment specific to your needs and objectives.
My emphasis is client education. My goal during any client meeting or an interview with a prospect is that I want you to walk away from that meeting knowing more about your financial situation and potential for improvement than you knew before. Related to this, I want you to feel like we are sitting on the same side of the table.
The planning process is not a static one-time event. Life throws everyone curve balls, and things will happen—hopefully, the good will outweigh the bad. My approach to financial planning involves continuously monitoring of your situation and potentially making adjustments through the years. My desire is for you to keep your goals at the forefront and have a plan that can adapt—so you can continually work toward long-term financial security.
Apps That Help Achieve Goals
If you find it hard to attain personal life goals, there’s an app for that!
How Financial Advisors Are Compensated
Read this overview to learn how financial advisors are compensated.
Insurance Needs Assessment: Married With Children
When you’re married and have children, insurance needs will be different.
Life insurance proceeds are generally tax-free. But not in all cases.
Are you a thrill seeker, or content to relax in the backyard? Use this flowchart to find out more about your risk tolerance.
Preparing for the eventual distribution of your assets may not sound enticing. But a will puts the power in your hands.
The true cost of raising a child may be far more than you expect.
E&O insurance is specifically designed to protect you, or your company, from the risk of a client’s dissatisfaction.
There’s a link between debt and stress.
This calculator compares the financial impact of leasing versus buying an automobile.
This calculator can help determine whether it makes sense to refinance your mortgage.
Estimate the maximum contribution amount for a Self-Employed 401(k), SIMPLE IRA, or SEP.
Estimate how many months it may take to recover the out-of-pocket costs when buying a more efficient vehicle.
Estimate your monthly and annual income from various IRA types.
Determine if you are eligible to contribute to a traditional or Roth IRA.
A number of questions and concerns need to be addressed to help you better prepare for retirement living.
There are a number of ways to withdraw money from a qualified retirement plan.
How federal estate taxes work, plus estate management documents and tactics.
A presentation about managing money: using it, saving it, and even getting credit.
Learn more about taxes, tax-favored investing, and tax strategies.
The importance of life insurance, how it works, and how much coverage you need.
Have you found yourself suddenly single? Here are 3 steps to take right now.
It’s never a bad time to speak with your financial advisor about changes in your situation.
Understanding the cycle of investing may help you avoid easy pitfalls.
Even low inflation rates can pose a threat to investment returns.
Agent Jane Bond is on the case, discovering how bonds diversify a portfolio.
Coaches have helped you your whole life, in ways big and small. We’d like to be one of them.