FINANCIAL PLANNING

Your Financial Future is Important to Us

CFS* Investment Advisors through CUSO Financial Services, L.P. (CFS) are  knowledgeable financial professionals, committed to doing what is most suitable for you and your unique financial situation. Whether you want to save for your future more strategically, build up your retirement nest egg, or are unsure about what investments to start utilizing, we can help.

We are dedicated to providing you investment options through CFS with an emphasis on quality service and impartial advice and guidance. We are here to guide you during any stage of your financial life:

  • Retirement Planning
  • College Planning
  • Wealth Transfer
  • Suddenly Single
  • Career Changes

 

Products and Services

Our vision at Fortera Credit Union is to provide our members superior financial solutions, comprehensive products, and an unparalleled service experience. Whether you’re looking for overall financial guidance, assistance with a specific financial goal, creating a comprehensive financial plan, or just want a second opinion, we’re here to help.

Our CFS* Investment Advisor can provide you individualized service and is here to work directly with members like you.

Services include:

  • Reviewing your current Financial Plan
  • Retirement Planning
  • IRA, 401(k), 403(b), 457 Plans, and TSP Rollovers
  • Retirement Income Strategies
  • Education Funding
  • Life and Long-Term Care Insurance

 
Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

 

 

 

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

Life Stage Investing

Creating a Financial P.L.A.N.

The road to financial freedom can often be more easily obtained by those who follow a plan created to help them reach their specific investment goals. We can help you take the first steps toward building a confident financial future by designing a P.L.A.N.

How to Create a Financial P.L.A.N.
Pay yourself first

Promise yourself to take advantage of your employer's retirement plan, whether it's a 401(k), a 403(b), or any other kind of contributory plan.

Consider Dollar Cost Averaging instead of investing assets in a lump sum. Frequently investing smaller amounts can be more practical for many and can help lower the average cost per share.

Live within your means

Promise to pay off your credit cards. Credit card debt is the number one reason most people can't get ahead. Paying the minimum balance due on a $10,000 credit card balance with an 11% interest rate could take 20 years to pay off.

It's often more rewarding to save for something versus putting it on a card and getting stuck with payments. If you can't afford it, think twice about buying it.

Financial fitness is a commitment and a lifestyle, similar to going to the gym and eating right.

Assure your family's stability
  • Write or update your will. Wills are not just for the rich. Regardless of how much or how little money you have, a will may ensure that whatever personal belongings and assets you have will go to beneficiaries you designate.
  • If you have children, a will allows you to appoint a guardian for them in the event of your death.
  • Life events, such as buying a home or having a child, could change the amount of coverage a family needs. Work with a financial professional to assess the amount of coverage you and your family may need.
Never stop learning
  • Write down your financial goals. This is your road map to financial freedom.
  • Work with an Investment Advisor to stay up-to-date on new investment opportunities available to you and your family.
  • Regular reviews can help keep your investment choices on pace with your needs based on risk tolerance and time horizon. 


Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. Dollar Cost Averaging, a systematic investment plan does not assure a profit and does not protect against loss in declining markets. Such a plan involves continuous investment, so investor should consider financial ability to continue purchases through periods of low price levels.

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Retirement Planning

Many of us look forward to the day when we’ll be spending time with the grandchildren and not time sitting in traffic on the way to the office. However, retirement does not simply begin at 65; it’s a journey that begins today.

At Fortera Credit Union, our CFS* Investment Advisor can meet with you to uncover your needs and long-term goals, then build a complimentary financial plan that will help you to uncover:

  • Which investment strategy is appropriate for you, your family, and your future
  • Review various asset allocation models and investment vehicles used to build a nest egg
  • Your risk tolerance and time horizon
  • Help you understand the ups and downs of the market and how they may affect your long and short-term goals

 

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

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Saving for College

Whether they want to grow up to be a farmer or a firefighter, as parents and grandparents, we want to support them and their dreams as best we can.

Fortera Credit Union and our CFS* Investment Advisor can help you help your children and grandchildren by:

Discussing the different plans available and uncovering what’s best for your family:

  • 529 Plans**
  • Coverdell Education Savings Accounts
  • UGMA & UTMA Custodial Accounts for Minors


Answer frequently asked questions by Grandparents:

  • Will Medicaid count my grandchild’s 529 Plans as a part of my assets?
  • Can I access the money in the event of an emergency?
  • Can a 529 Plan affect my grandchild’s chance of receiving Financial Aid? 


Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. ** Investors should consider investment objectives, risks, and charges associated with Section 529 Plans prior to investing. Contact your financial advisor or 529 carrier for more information about municipal fund securities which is available in the issuer’s official statement or plan disclosure which should be read carefully prior to investing.

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Life Insurance

Has your insurance kept up with the changes in your life? If you’re like most people, you probably already own some life insurance, but is it still enough to cover all your needs? Have you thought about Long-Term Care Insurance and Disability Insurance to cover you in case you’re sick or hurt and can’t work?

This may sound like it is all gloom and doom, but it just takes a few minutes to uncover if you and those you love have enough coverage. Let CFS Investment help to ensure your family is protected:

Personal Needs:

  • Death before loan/debt repayment can be finished
  • Spouse outliving a life-only pension plan
  • Death before reaching personal goals the client wants funded
  • Retirement funding for spouse, child’s education
  • Disability Insurance
  • Long-Term Care Insurance


Family Needs:

  • Death of a primary income earner
  • Final expenses
  • Dependent income
  • Education
  • Family goals
  • Support of parents
  • Wealth transfer/preservation

 
Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

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Estate Planning

Estate planning can be a crucial part of financial planning. You have to think not only about your goals today, but also for future generations. Once you have planned retirement and invested wisely, it's time to focus on how your assets will be managed after your death.

At Fortera Credit Union, your CFS* Investment Advisor can help you. They are here to answer all your questions and can help you create a plan, so you can feel confident your assets are distributed the way you desire.

Whether your estate is large or small, there are many issues to consider in creating an estate plan. We can help you uncover:

  • What are your assets and their approximate value?
  • Where will your assets go when you pass away?
  • Who will take care of your finances when you are no longer able to do so?
  • Who should be responsible for taking care of your children if you become unable to care for them yourself?
  • Who should make decisions on your behalf if you become unable to care for yourself?
  • What do you want done with your remains after you die?

 
 
Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

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Consolidating Retirement Accounts

In or nearing retirement, everyone should begin to look closely at their funds. If you have IRAs, 401(k)s, and pension plans scattered all over, you may want consider consolidating your accounts. At Fortera Credit Union, our CFS* Investment Advisor can help you. He is here to answer your rollover questions and find ways to:

  • Potentially save money on annual fees
  • Create opportunities to allocate, diversify, and rebalance in one portfolio
  • Offer valuable estate planning features
  • Simplify required minimum distributions
  • Provide access to one easy consolidated statement

 

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

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Retirement Planning Over 50

When you’re in your 50′s, retirement planning is more important than ever, especially considering many of us can expect to live well into our 90′s.

At Fortera Credit Union, our CFS* Investment Advisor can help you create a financial P.L.A.N. and uncover ways to catch-up by:

  • Paying yourself first, living within your means, assuring your family's stability, and never stop learning
  • Helping you uncover the maximum contribution you are allowed from your workplace retirement plan and Individual Retirement Accounts
  • Uncovering ways to take advantage of annual catch-up contribution provisions
  • Discussing ways to create multiple income streams

  

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

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Income Strategies in Retirement

Millions of Americans in retirement may be scrambling to find ways to make ends meet without the income from a full-time job and trying to recover from recent market volatility.

Fortunately, there are several possible solutions available for those looking to increase their income during their non-working years. At Fortera Credit Union, our CFS* Investment Advisor can help you overcome several retirement income challenges and create a predictable income stream by:

  • Designing a retirement plan
  • Uncovering your basic expenses and discretionary expenses
  • Evaluating current sources of retirement income
  • Identifying potential gaps between income and expenses
  • Anticipating fixed and discretionary expenses in retirement
  • Positioning assets to generate income
  • Uncovering new sources of income 


Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

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My Portfolio View

My Portfolio View is a no-cost, value-added service providing you with instant access to your investment portfolio. Simply click here to login and view your CFS* portfolio. To obtain your confidential login information, please contact CFS directly at (704)996-3480.

 

 

 

 

 

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