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    What is the benefit of working with a CERTIFIED FINANCIAL PLANNER™?

    If you are facing a major life decision or transition, such as retirement, divorce, quitting your job to start a business or planning for college education expenses, it makes sense to hire a highly skilled and experienced professional who can provide objective advice, analyze the financial implications of possible paths and is willing to disagree with you to help you make an informed decision. A great financial planner is someone who has "got your back" financially.

    Financial planning meeting agenda example here.

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    What are the benefits of hiring a financial advisor to manage your long-term investments?

    No one can predict stock market returns. Investing for the long-term is more about managing risks than picking 'hot' stocks. This is accomplished through:

    1. Asset allocation and rebalancing
    2. Product selection
    3. Managing costs

    Asset-based fees include investment management and financial planning. In the case of hourly or quarterly fee financial planning clients, the scope of services is determined by the financial planning agreement. Household minimum is usually $350,000. For 2021 the minimum was lowered to $100,000 and $25,000 for people under age 35.


    Asset allocation does not ensure a profit or protect against a loss. Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss

      Clients pay for financial planning and investment advisory service through an asset-based fee, but hourly fees and quarterly fees are also possible. The range of annual costs to clients is typically $3,000 to $20,000. For asset-based fee clients, this is paid out of the value of holdings.


      Our costs are transparent to clients and we work with all clients to make sure their costs are appropriate for their current situation and long-term goals.

    1. Financial planning offered through Modern Capital Concepts, Inc. a Registered Investment Advisor in the states of Illinois and Texas and separate entity from LPL Financial.


      Khloé U. Karova holds the Series 7 with LPL Financial and 66 license with LPL and Modern Capital Concepts. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AK, AZ, CA, CO, DE, FL, IL, IN, KY, MA, MD, MI, MN, MO, NE, NJ, NV, NY, OR, PA, SD, TX, VA, WA, WI.


      Securities and advisory services are offered through LPL Financial, a Registered Investment Advisor, member FINRA /SIPC.