Our Privacy and Safety Guarantees

  

Callahan Financial Planning is committed to keeping your money and information safe.

We exist to provide a clear financial plan and investment advice to our clients without pushing the need to purchase an investment, or buy a product. Registered Investment Advisors are held to a higher standard than stockbrokers when it comes to putting investor’s interests first and doing the right thing for their client’s. Independent Registered Investment Advisors have a fiduciary duty to their clients, which means they must:

  • Act in the best interest of their client.
  • Disclose all conflicts of interest.
  • Observe procedures regarding the allocation of investment opportunities, including new issues and the aggregation of orders.
  • Identify and monitor illiquid securities.
  • Employ fair market valuation procedures where appropriate.
  • Have policies regarding affiliated broker-dealers and maintenance of brokerage accounts.
  • Have policies on use of brokerage commissions for research.
  • Have policies regarding directed brokerage, including step-out trades and payment for order flow.
  • Abide by a code of ethics.

Clients that receive investment advice from Callahan Financial Planning may receive discretionary investment management services. When offering this service, client assets will be safely held with an independent brokerage, most commonly TD Ameritrade Institutional or Scottrade. TD Ameritrade and Scottrade are members of the Securities Investor Protection Corporation (SIPC), and their affiliated entities may also provide bank deposits that are insured by the Federal Deposit Insurance Corporation (FDIC).

Additional Information on Insurance and Protection Programs: Callahan Financial Planning Company (CFPC) is not affiliated with the financial institution(s) we may recommend for your assets. Our role is that of an independent advisor, representing only our client’s interest in the direction, placement and ongoing management of assets. CFPC will not have custody of client assets, and therefore is not an SIPC or FDIC member institution. The recommended custodians listed above are member institutions, and more information about insurance and protection applicable to your situation is available by 1) asking your financial planner, 2) contacting the custodian you choose or 3) visiting with SIPC or FDIC online at www.sipc.org and www.fdic.gov.