Our Firm

"Sohum" in Sanskrit means to be in balance with the universe. Sohum Financial Planning, LLC (SFP) is built on this principle of bringing financial wellness and success to all our clients. SFP is a full-service Registered Investment Advisor (RIA) based in CO. We are committed to helping individuals and business owners accomplish their financial goals through a wide range of financial products and services. 

We believe that a financial plan is a powerful tool. Reaching your long-term financial objectives hinges on having the right plan that fits your unique circumstances and grows with you and your business. Planning your financial future can be a daunting task. That's where SFP comes in. We're trained, licensed professionals with years of financial planning experience and expertise in creating a robust long-term financial strategy that provides actionable options in any future scenario. Whether your concern is paying too much in taxes, not having enough money to last throughout your retirement, or leaving a charitable legacy, we can help you.

We aim to empower women and special needs families financially through educational workshops and resources. Most believe that their financial well-being is linked solely to their ability to earn a high income, and many times, with high divorce rates or widowhood, many do not seek appropriate help that can help them navigate through such a financial crisis or an adverse situation. True financial independence, however, has much more to do with understanding and taking advantage of your financial options/opportunities. It's more about setting financial goals and learning to use financial strategies to help you meet your objectives.

Some of the questions we can help address :

·       How can I position my investments for higher potential returns while reducing risk?

.       Do I contribute towards my children's education or my retirement?

.       I have a dependent with special needs and am worried about their quality of life. How do I protect my loved ones and my dependents with special needs without losing their government benefits?

·       How much money will I need to retire?

·       How can I get the most out of my 401(k)/Roth 402 (k)?

·       Should I have a traditional IRA or a Roth IRA?

·       Will I be able to retire early?

·       How can I "inflation-proof" my investment income?

· Do I need life insurance, disability income insurance, or Long-term care insurance? As a business owner can I get discounts on group benefits?

.       How do I retain my key employees and also ensure business continuity?

·       How can I ensure that my children receive as much as possible from my estate while also being able to donate to my favorite charities?

·       What must I know about wills, trusts, and probate? Is my current estate plan robust and appropriate?

We offer financial products and services tailored to your individual and business needs. SFP is committed to you for the long term. Our goal is to help you plan for financial security. Whether your goals involve building wealth through investing, funding a child's college education, planning for a comfortable retirement, or protecting your estate, we can help you develop a roadmap to reach your goals and make informed decisions to help you through key milestones in your financial life cycle.

The financial planning process is the key to the successful accomplishment of your goals - the  following steps allow you to stay engaged and implement a disciplined approach:

·       Gathering information and analyzing your financial situation to clearly understand your specific needs, assets, liabilities, and risk tolerance. This enables us to manage your expectations and the scope of work.

·       Scenario planning that leads to designing a financial strategy that takes into account the full range of needs you have now and those you/ your family/ your business may have in the future; and

·       Monitoring the action items and helping you implement recommendations developed during the financial planning process. Periodically reviewing your strategy, consulting with you to make appropriate adjustments, assisting you in sticking to your plan, and tracking your progress annually or as needed.

SFP is dedicated to helping our clients build wealth and protect their hard-earned assets. Our firm is completely independent, and as your fiduciary, our loyalty belongs exclusively to our clients and not to an insurance company or a broker-dealer. We also encourage all financial advisors who plan to join us to become fiduciaries to our clients by earning the Certified Financial Planner - CFP® - designation that ensures their knowledge base and experience in the financial industry.

Our independence enables us to establish working relationships with several industry-leading brokerage firms and insurance providers whose products we leverage to create customized client portfolios. We recommend only those products and services that can be tailored to suit our clients' unique needs.

Sohum Financial Planning LLC is a Registered Investment Advisor (RIA).
We are here for you, ready to offer ongoing financial expertise in a proactive and timely manner. We charge a fee for assets under management and for offering financial planning services. Please note that an Investment Advisory Representative working with our firm may be affiliated with a broker-dealer and provide commission-based products through that relationship. 

For more information about our firm and the services we offer, please call or email us.