Hetal Saki
Hetal Saki is a Certified Financial Planner with over a decade of experience working with clients in helping them meet their financial goals. Hetal currently holds a Master’s in Business Administration and Completed her CFP® in 2015. Hetal has worked with clients from various walks of life and understands the complexities that need to be addressed in order to fulfill lifelong financial goals. Originally from the Midwest, she has been living in the Bay Area, CA since 2000 with her husband and son. In her spare time, she enjoys the various hiking trails and outdoor activities that living in the sunny state has to offer. She also enjoys being a part of various organizations that dedicate their time to giving back to the people of her community.
Why Hetal Saki?
A major benefit of working with Hetal is that she is part of a team that believes in adhering to the fiduciary standard of care. This encompasses a thorough understanding of a clients financial goals and adherence to ethical standards that strictly abides to putting the client’s best interest ahead of all else.
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Frequently Asked Questions:
Are you a fiduciary?
Yes, we have a legal obligation to act in your best interest by way of “service”.
What does a financial advisor do?
There is not one size fits all answer, but some examples include: investment selection or management, goal setting, organization, behavioral coaching, retirement, tuition, tax & estate planning, personalized service and family relationship.
Why should I pay a financial advisor?
Look closely at your account(s) and the total expense (e.g. ratios, commissions, surrender / opportunity costs, lost interest on cash balances, paid interest on debt). Chances are, you are already paying in some way or another. The question then becomes, are you better off continuing your current strategy at “X” cost, or hire a professional looking out for your best interest at “Y” cost.
How does it work?
First: Schedule a call
Then: Decide if you like us
Last: Cancel anytime if unhappy
Will there be tax or penalty if I switch?
Typically not, but we would need to review what is being transferred first. Usually, we can transfer assets “in-kind” or by way of “rollover”, which isn’t a taxable event.
How do I pay?
Option 1: We can manage your account(s) via Charles Schwab where your service-fees would be deducted. Our service rates are tiered & negotiable, ranging from 0.17% – 1.0% or their effective flat-fee equivalent (i.e. if you have $2,000,000, but are limited complexity & think a $10,000 flat-fee is more fair, we would set your service-fee to it’s effective equivalent of 0.50% for year 1, then simply renegotiate in year 2). Cancel or end service at anytime.
Option 2: We can work with you on an hourly basis at a rate of $200, which can be broken into 30 minute intervals, for a starting price point of $100. This method would be paid via check or card.
For important regulatory information, please visit adviserinfo.sec.gov/firm/summary/308157
If I decide to cancel, how do I do it?
You can contact us and we will remove ourselves from your account, contact the custodian (i.e. Charles Schwab) and they will remove us from your account, or transfer your account to another institution.
Do you offer retirement planning?
Yes, from our 1 page checklist, to comprehensive analysis, it all starts with a goal (e.g. retire by 67, more vacations with family).
What is your investment philosophy?
We are 100% custom to your unique situation and existing assets. Generally, we prefer ETFs which have low (i.e. 0.04%) expense ratios, but remain flexible if you have a tax basis, preference, or limitation to Mutual Funds, CDs, Stocks, Swap Funds, Options, Treasuries, etc.
Can you help with my taxes & estate?
Yes, but there are boundaries. As an example, we can help you tax-loss or gain harvest, convert to roth, designate certain lots for charitable giving, or help with required minimum distributions, but we could not help you navigate an IRS audit. Or, we can help convert your accounts to a trust to address complex issues, work with your power of attorney, or designate beneficiaries, but we could not draft the governing document(s) themselves.