Recommendations for a comprehensive financial planner in the DC area
August 21, 2014 5:46 PM Subscribe
In need of recommendations for a comprehensive financial planner in the DC area.
posted by anonymous to Work & Money (4 answers total) 1 user marked this as a favorite
I soon will be getting a significant inheritance due to a couple of deaths in the family (about $500k from my father and around $800k from my grandmother, both post-tax) and am looking for a comprehensive financial planner in the DC area to help me figure out what the heck to do with all of this and how to manage my incredibly privileged financial situation.
This inheritance is on top of about $400k in trust fund monies I already have that are diversified in several investment accounts chosen by my father when I was very young, in consultation with various planners at the time (and which I have dipped into on occasion for things like a house down payment and my honeymoon).
Other pertinent details: I am 30, got married about a month ago, make about $90k per year, own a house in Texas for which my mortgage is about $1850 per month (it's rented out for about $150 less than that), and my partner has about $30k in debt from grad school. In the future I want to use some of this to have kids (my partner and I are both women so we could have to shell out some serious dough to get pregnant, depending on the route we go), send my kids to college and buy a house (potentially in DC). My financial literacy is on the low end of moderate. I haven't yet figured out whether I want someone to consult with once (I realize "once" could mean several times over a few months in this case) or more regularly.
And for those who can offer advice but want to do it more privately, you can email me at DCmoneyhelp@gmail.com. Thanks for your help!