Cares Process-Start Here

We have a defined process; we will work through to help you and your financial assets grow.  We call this the CARES Process

Cares Process Slide

Step 1: Relationship

A discussion to create an awareness of the issues you will need to consider to determine your level of caring and commitment to your personal financial success using our self-evaluation CARES Score ®. CARES SCORE™ SELF EVALUATION  We define our relationship with a financial planning agreement. Financial Planning Agreement

Step 2: Discovery

An interactive discussion where we listen and record what is really important to you. Essential information will be gathered to clarify your financial objectives and what you feel would Make Life Better for You.

Step 3: Analysis

We analyze and review with you, your specific financial situation, using our unique Making Life Better™ Calculator. This helps you clarify your expectations and prioritizes your goals and commitments.

Retirement Calculator

Step 4: Solutions

Based on your financial situation analysis and the priorities you have identified, appropriate solutions will be custom designed and presented. These solutions will be focused on assisting you in achieving success.

Step 5: Service

We will establish a well-structured communications and service schedule with you to stay on track and make any necessary future adjustments.

Once we have come to an agreement on the scope of our relationship, we can move onto the next step. That is Discovery.  Feel free to check out our Discovery Page

Once we have defined our relationship

Our Next Step is Discovery

 We are Fiduciaries! But what does that mean?

In legal terms, a fiduciary is an individual or organization that has taken on the responsibility of acting on behalf of another person or entity with utmost honesty and integrity. For example, bankers, attorneys and officers of public companies are all fiduciaries, meaning they must act in the best interest of their customers, clients or shareholders. If they don’t, they are legally liable. Similarly in the investment world, fiduciary financial advisors manage client assets with the clients’ best financial interests in mind. Therefore, be sure to limit your search for a financial advisor to only 

What is a Fiduciary?

The term “fiduciary” is a good word to hear when you’re searching for a financial advisor. An advisor that calls themselves a fiduciary seeks to minimize conflicts of interest, be transparent and live up to the trust placed in them. Fiduciary financial advisors must:

  • Put their clients’ best interests before their own, seeking the best prices and terms.
  • Act in good faith and provide all relevant facts to clients.
  • Avoid conflicts of interest and disclose any potential conflicts of interest to clients.
  • Do their best to ensure the advice they provide is accurate and thorough.
  • Avoid using a client’s assets to benefit themselves, such as purchasing securities for their own account before buying them for a client.

Yes we are Fiduciaries!

Jake Karstens is an Investment Advisor Representative of Interactive Financial Advisors. Karstens Financial and Interactive Financial Advisors are both independently owned and operated.

Please take some time to review the documents here and a little more about us and our firm!  

1.Take some time to review the Interactive Financial Advisors(IFA)- client relationship summary (PDF on Cares Proceess Website) and let me know if you have any further questions on me or my firm. Attached is a link to the SEC website.  On page 11 it details the cost associated with our accounts.  We can get into further detail when we meet but you will be paying the highest charge shown.  Here is another quick guide. We define this scope through this guide here, Client Relationship Summary  You might want to review our back office and their website.     

2. I also attached a little more about me here and the insurance half of my business in the ADV Part 2B (Adv Part 2B).  Finally, included is my license information with FIRNA   I have been in business since 2002 and I also own our insurance agency.

3. To aid in your confidence as we work through this process, our accounts are set up through Axos Advisors and you would have account access there and your investments are be held and traded there. You have the ability to check your account online and we offer some of the best technology through both Axos and IFA.