Many people believe that financial planning is only for the wealthy; the reality is most anyone can benefit from a well-crafted financial plan, regardless of age or income level. We believe that everyone deserves Competent, Trustworthy, and Affordable advice. We are Lodestar Financial Planning; a fee-only financial advisory practice located in beautiful Colorado Springs, Colorado.
Unlike most other fee-only firms, we don’t require you to have an investment account under our management. That’s right; while we do offer asset management services, we do not require a certain amount of assets for planning or investment advice. Rather, we provide investment advice within a financial planning context.
As a fee-only practice we do not sell investment or insurance products, nor do we receive commissions or any compensation from third parties, we simply charge for our time. Our plans are tailored to the needs of our clients and we do not impose a minimum fee for our advice.
Our services are accessible to people just starting on their financial journey, growing families, pre-retirees, do-it-yourselfers, and anyone in need of a one-time review, second opinion, periodic advice, or ongoing financial coaching.
SKIP FLEMING, CFP®
Richard “Skip” Fleming is the founder of Lodestar Financial Planning, a financial planning practice providing hourly, as-needed financial planning and advice in Colorado.
Skip provides financial advice and coaching to individuals and their families from all walks of life. He does not set minimum income or net worth requirements to engage in his financial planning, investment consultation, or portfolio review services.
A graduate of Virginia Commonwealth University with a Bachelor of Science degree, Skip is a CERTIFIED FINANCIAL PLANNER™ professional. He has been in the financial services industry since 2002, following a 24-year career in the United States Marine Corps.
David Fulton is a Fee-Only Financial Planner offering tailored financial planning strategies and cost-effective investment management. Based in Colorado Springs, Colorado, he proudly serves clients both locally and across the country.
While David works closely with a broad range of clients he specializes in active and retired military, Federal Employees, and Families with Special Needs.
A graduate of the United States Military Academy at West Point and Vanderbilt University’s Graduate Program in Economics, David joined the financial service industry after a successful and rewarding 20-year career in the United States Army.
$199 – $399 monthly
*Price based on complexity
A stand-alone plan is only a snapshot in time; effective planning is a continuous process. This service starts with a comprehensive financial plan and follows you through all your major life transitions. We’ll meet throughout the year and will be there for you whenever things change in between.
Year 1: 4-6 meetings, on average to build out your custom plan and get you on track.
Year 2+: 2 semi-annual reviews a year to update your overall financial objectives, track your progress, review your investment performance and, if necessary, reallocate your portfolio.
$300 / hour
Sometimes you only need a little help. For those who prefer to “do-it-your-self” we offer hourly services to help you plan for specific problems. Before we begin you will know exactly what it will cost you up front.
0.50% (50 BPS)
*Charged as a % of assets under management
We help manage and implement your investment strategy, asset allocation, fund selection, asset location, and re-balancing.
We help trustees protect and grow trust assets in accordance with the Uniform Prudent Investor Act while working with them to meet their fiduciary duty and the financial needs of their beneficiaries.