KFA Blog

Senior Financial Advisor Marks S. McCallum,CFP®, MBA Joins Kabarec Financial Advisors, Ltd.

FOR IMMEDIATE RELEASE

 

Media Contact:  Jennifer Lawlor

Firm:  Kabarec Financial Advisors, Ltd.

Phone:  847-934-7777

Senior Financial Advisor Mark S. McCallum, CFP®, MBA Joins Kabarec Financial Advisors, Ltd.

Palatine, Illinois—May 15, 2017-- Kabarec Financial Advisors, Ltd. (KFA), an independent, fee-only, financial and investment advisory firm, celebrating its 35th Anniversary, has welcomed Mark S. McCallum, CFP®, MBA as a senior financial advisor in the Palatine office.

In his role, McCallum will be responsible for managing all aspects of the financial planning and investment process for KFA clients.  He will provide holistic wealth management that motivates, encourages and guides KFA clients through every stage of life.

McCallum has been involved in the financial services industry since 2009.  Prior to joining KFA, he was Financial Advisor at Morgan Stanley, Charles Schwab and BMO Harris Financial Advisors as well as a Real Estate Developer in Colorado.  McCallum earned a bachelor of science in civil engineering from the University of Iowa and MBA from Colorado State University.  He is a CERTIFIED FINANCIAL PLANNERTM professional and a member of the Financial Planning Association.     

“Since earning my CFP®, I have been looking for a fee-only practice that treats employees and clients like family and that provides exceptional wealth management” says Mark.  “Mike and his team personify family, teamwork and excellence”.

"We’re very excited about Mark’s diverse professional background and his love of financial planning and investments," says Michael Kabarec, CFP®, CPA/PFS/EA, president of Kabarec Financial Advisors, Ltd. "With his significant life experience, I’m confident Mark will play a key role in providing and implementing high quality solutions for our clients."

In addition to planning responsibilities, McCallum will join the KFA Investment Committee.

 

About Kabarec Financial Advisors, Ltd.

Kabarec Financial Advisors, Ltd. is an independent, “fee-only”, financial and investment advisory firm with 35 years of experience in helping clients achieve their financial goals and objectives.  Its mission is to provide multigenerational, financial peace-of-mind.  As your trusted advisor, KFA shares their knowledge and expertise to make the complex, simple.  The principal of the firm previously has been named by Worth, Money Magazine, Bloomberg Investment Management andMedical Economics as one of the country’s best financial advisors.

Consult Kabarec Financial Advisors, Ltd. at 847-934-7777 or www.kabarec.comfor all your wealth management needs.

   


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As Seen In WSJ Midwest Wealth Guide - April 2017 Issue

 

How Far Into the Future Does Your Financial Plan Take You?

Rich people never want to be poor. “Whether one’s riches are counted in millions or with a few less zeroes, everyone wants to preserve hard-earned assets.” says Michael Kabarec, CFP®, CPA/PFS/EA, president of Kabarec Financial Advisors, Ltd. (KFA) in Palatine, Illinois.

Kabarec’s advice, which emphasizes protection against volatile market downturns, has been tested and proven many times since he opened his office in a spare bedroom in his home back in 1982. Perhaps never more proven than in 2008, when the major financial markets lost more than 30 percent of their value. His clients already had solid plans in place which reduced their exposure and minimized their losses. They weathered the storm and outperformed the S&P.

It’s a Process, Not an Event

According to Kabarec, retirement readiness is much more complex than simply building a nest egg. “Accumulating wealth is only the first step,” he says. “Preserving wealth throughout retirement is equally important in assuring long-term financial stability. At KFA, we take the life long-view when it comes to financial planning, encompassing decades as well as multiple generations ahead.”

For the full story, click HERE.

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Spring has Sprung - Time to Organize

Have you got Spring fever?  Well this is the perfect time to clean out those file drawers and get organized for next years tax season. Stop telling yourself that you have all year, we are already almost 5 months into 2017 which leaves only 7 more months, so let’s get going.

Below are a few ideas to help keep things organized:

  • Invest in a filing system:  file cabinet or box with hanging files and plastic tabs
  • Keep a hanging file for the following:
    • Monthly Bills – each to have their own tab:  Electric, Gas, Water & Sewer, Mortgage, Insurance, Credit Card, etc.
    • Property Tax
    • Income Tax
    • Properties – one for each property if you have multiple
    • Pets – one for each pet if you have multiple
    • Auto – Loan documents, registrations, license information, insurance, tollway transponder password and renewal information
    • Bank Accounts – one for each account with account number on the tab
    • Investment Accounts – one for each account with account number on the tab
    • Receipts - purchases big and/or small
    • Individuals living in the home – one for each adult and child

The first step to becoming organized is having a system set up. Organize your file drawer however you feel would work best for you and your household.

Carrie Schwab-Pomerantz, CFP®, President, Charles Schwab Foundation; Senior Vice President, Schwab Community Services, Charles Schwab & Co., Inc recently wrote a great article called Could Your Financial House Use Some Spring Cleaning?”.  She offers some tips and tricks as to how to become more financially organized.  You can read the article HERE.

Hope you will stop by Friday, April 28, 2017 from 1:00 PM until 4:00 PM as we host our annual shred event.  Gather up all those old documents you have been hanging on to for way too long and get your financial house in order.  For more details on our shred event, click HERE.

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Kabarec Financial Advisors Celebrates 35th Anniversary

Palatine, Illinois, April 11, 2017 –Kabarec Financial Advisors, Ltd. (KFA), a Palatine-based financial advisory firm, proudly celebrated its anniversary on April 1, 2017.  In honor of this milestone, Michael Kabarec, CFP, CPA/PFS/EA, president of Kabarec Financial Advisors, LTD., announced a cocktail party being held at the Gateway Centre in downtown Palatine on Tuesday, April 18th.

Since opening their doors from a spare bedroom in his home back in 1982, Kabarec and his team have helped their clients achieve their financial goals and objectives.  KFA offers an array of financial planning and wealth management services primarily to small businesses, individuals and their families. 

“We’ve learned that rich people never want to be poor,” says Kabarec.  “No matter how much or how little wealth clients have accumulated, they want to preserve their assets which is why we limit the downside risk.”  With more than three decades of experience under their belt, KFA has seen and been through many historic events; 1982 KFA founded, 1984 original Macintosh computer launched, 1987 Black Friday, 1991 E-Trade founded, 1996 start of tech/dot com boom, 2001 9/11, 2007 first generation iPhone released, 2008 global recession financial crisis, 2016 Donald Trump elected President.  Since the firm’s inception, a large percentage of clients have weathered these storms alongside KFA.

As independent Registered Investment Advisors, the firm offers objective and impartial recommendations on a “fee-only” basis without the influence of product or sales commissions.  KFA provides their clients with objective advice uniquely tailored to their financial goals and objectives.  Kabarec Financial Advisors, Ltd. prides itself on being large enough to serve, small enough to care.  The firm has assembled a powerful, multigenerational team of individuals with decades of experience and intellectual capital who oversees over $190 million assets under management.  “Our clients become part of our extended family.  Each one of them has a story, they’re not just names in our book.  We are there through celebrations as well as hardships; we care to know the details,” explains Kabarec.

“I am thankful for the continued confidence our clients have shown in our firm all these years.  Without them, KFA wouldn’t be where it is today,” says Kabarec.  “It has been an extreme honor serving our clients, many of whom have been around since early on.  I’m gratified knowing the firm has helped preserve and protect their wealth and will continue to do so for generations to come.”

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As Seen In Corp America March 2017 Issue

 

First for Finance

Kabarec Financial Advisors, Ltd. (KFA) is an independent, fee-only financial and investment advisory firm with 35 years of experience in helping clients achieve their financial goals and objectives.  The firm provides multi-generational, financial comfort and sense of financial peace-of-mind.

"We share our knowledge and expertise to make the complex, simple," explains Michael Kabarec, CFP®, CPA/PFS/EA, president of the firm.  "We are also committed to tax-planning and asset protection as we believe it is not about how much clients have, it's about how much clients keep.  As a fee-only advisory firm, we do not earn any commission on products or services, therefore we can make recommendations without any conflict of interest."

With more than three decades of experience, KFA has seen and been through all types of markets - the good, the bad and the ugly.

We've learned that rich people never want to be poor so we are always trying to limit the drawdown.  We know how and would rather protect our clients on the downside than be spectacular on the upside."

For the full story, click HERE.

 

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