This work to help people with their money in a fee-only environment is part of a standard of excellence that resonates deeply with me. In reality, what we do is help people understand their money – and themselves – better, and this impacts their lives for years to come. - Richard C. Salmen
KANSAS CITY, Mo. (PRWEB) January 11, 2018
Richard C. Salmen, CFP®, CFA, EA can call many seats home: The pilot’s seat; as an FAA air traffic controller; on his Harley; in the role of Army Captain; and leadership in the financial planning community. Beginning Jan. 1, 2018, he has taken another role—spearheading the expanded financial planning services at the Lenexa, Kan., office of Family Investment Center.
Salmen is a nationally-known financial planning professional, having served in positions including past national President of the Financial Planning Association and now the 2018 Chair of Certified Financial Planner Board of Standards’ (CFP Board) Board of Directors. In the financial planning profession, CFP® certification represents the highest standard in ethical and competent financial planning. Salmen works with fellow Board members to lead and guide CFP Board in benefitting the public by fostering professional standards in personal financial planning through its setting and enforcement of the education, examination, experience, ethics and other requirements for CFP® certification.
In 2018, he is applying this insight to his new role as President at Family Investment Center, a fee-only financial planning and investment firm serving clients throughout the nation. Family Investment Center team members are quoted by sources including the Wall Street Journal, U.S. News & World Report and the Kansas City Star for a slightly unconventional, jargon-free approach to investing.
“Richard’s credentials and experience are extensive,” said Dan Danford, Founder/CEO of Family Investment Center. “He will provide financial planning services that aren’t currently part of our offerings, except on an as-needed basis. This significantly broadens our scope to help solve client challenges at all levels.”
Salmen comes to Family Investment Center from a top leadership position at BOK Financial Corp/GTrust, where he spent 16 years overseeing the firm’s financial planning practice.
“We see our role as financial planners like a coaching role. We guide people to use their money more effectively in their lives. Money can be complicated, and it’s literally our role to make money make sense. This is the core of who we are and what we do,” said Salmen.
Through his leadership at BOK Financial Corp/GTrust, Salmen assisted hundreds of individuals and families across the United States in a quest to “make money make sense.” In this role, he provided holistic, fiduciary advice just as Danford and his current Family Investment Center team have for two decades. Reflecting a constant commitment to high standards and education in the profession, Salmen served as co-chair for two international financial planners’ tours – one to China and one to India. He holds many industry credentials, including CFP®, CFA and EA.
Danford said Salmen will help clients engage in a systematic and structured delivery of the financial planning process. Areas of financial planning service include tax preparation and tax planning; estate planning; investment management; business planning; insurance planning and risk management; cash flow management; and goal setting.
Services will be provided on a fee-only (non-commission) basis. As a fiduciary, it is the responsibility of Family Investment Center to act in clients’ best interests, rather than be motivated by any benefits the advisor could receive.
“This work to help people with their money in a fee-only environment is part of a standard of excellence that resonates deeply with me,” Salmen said. “In reality, what we do is help people understand their money – and themselves – better, and this impacts their lives for years to come.”
“We are looking forward to leveraging our newly expanded talents and strengths of our team to carry out our business motto of ‘Planning for some serious freedom,’” said Danford. “When it comes right down to it, money is freedom. And freedom is fun.”
About Richard C. Salmen:
Richard C. Salmen, CFP®, CFA, EA, is a nationally-known financial planning professional, having served in positions including past national President of the Financial Planning Association and 2018 Chair of the CFP Board’s Board of Directors.
Salmen comes to Family Investment Center from a top management position at BOK Financial Corp/GTrust, where he spent 16 years overseeing the firm’s financial planning practice. Salmen spent 14 years as a member of the Army Reserves, finishing his career at the rank of Captain. He is also a retired professional Air Traffic Controller for the FAA, serving 24 years in this position.
He holds an MBA from the University of Kansas Graduate School of Business, and a degree in Business Administration - Airway Science Management from the University of Nebraska at Kearney. Among Richard’s awards are the Wall Street Journal Award for Academic Excellence; Graduate Business Scholar recognition at the University of Kansas; and named a Cadet Battalion Commander in the Army Reserve. He is often called to speak at keynote events about money, goal setting and his high-energy (but unconventional) career journey.
About Dan Danford and Family Investment Center
Dan Danford serves as Founder/CEO of Family Investment Center, a full-service, commission-free investment advisory firm. Based in St. Joseph, MO, Family Investment Center also serves clients in the Kansas City Northland area and across the country.
Danford holds an MBA and in 2012, he was featured in the book “America’s Top Financial Advisors.” A 2009 Wall Street Journal article outlined Danford’s unique birthday messages to clients, complete with a $2 bill inside the envelope. In 2009, Danford was also quoted on “ABC News” for his insight into how parents can protect funds for their children’s college education. He is a CFP® and a 2006 article in The New York Times quoted Danford’s insights on working with a financial advisor. In 2014, Danford was featured in an article exploring solutions to math anxiety in the Voices section of the Wall Street Journal.
Danford is author of the recently-published book “Stuck in The Middle: The Mistakes that Jeopardize Your Financial Success and How to Fix Them.” He is also creator of the podcast “Money is Freedom,” available on iTunes or Soundcloud.
About the CFP® Board:
The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning. The Board of Directors, in furthering CFP Board’s mission, acts on behalf of the public, CFP® professionals and other stakeholders. CFP Board owns the certification marks CFP®, Certified Financial Planner™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. CFP Board currently authorizes nearly 80,000 individuals to use these marks in the U.S.
Contact: Dan Drummond, Director of Communications P: 202-379-2252 M: 202-243-8621 E: ddrummond(at)cfpboard(dot)org Twitter: @cfpboardmedia