Richard C. Salmen, CFP®, CFA, EA
Who makes up your family? My son, RJ Salmen, is a Senior at Kansas State University and is majoring in personal financial planning with a minor in leadership. My daughter, Alexa Salmen, is a Freshman at Kansas State University and is also pursuing a major in personal financial planning. She made the decision to live at home with me to start her college journey. This allows her to compete one more year with her competitive cheer team. When she is not performing, she coaches teams at her gym and provides individual lessons to other athletes. We own a vacation home on the Missouri River in northeast Nebraska right next to my father's home and enjoy the summers up there with our extended family.
What do you enjoy most about your work? The ability to “help money make sense” for our clients. Most people move through their financial life dealing with money issues one crisis at a time. By bringing systems and processes to our clients, we become part of a proactive solution to what had been a reactive money life. Essentially, we provide our clients with confidence today and a more secure tomorrow.
What expertise do you bring to clients? As an experienced fee-only financial planner and servant leader, I guide a team that helps hundreds of families across the United States fulfill their dream of reaching financial independence. Our focus on middle and upper-middle class clients allows us to provide holistic, fiduciary advice on a fee-only basis to those who previously did not realize such a service existed.
What is your idea of serious freedom? Personal freedom for me is about having choices. The highest form of wealth is the ability to wake up every morning and say, "I can do whatever I want today." This means that money's greatest intrinsic value is its ability to give you control over your time. Because of this, at Family Investment Center we define financial independence as: The amount of money you need to feel confident that you can pay your bills, live the lifestyle you want, achieve your goals, and not run out of money before you die.
Financial advisor explains his side gig: piloting private jets
Additional information about Richard is available on the SEC website at www.adviserinfo.sec.gov.