March 2021 Issue: Always Doing Better for their Clients-Always Doing Better for their Clients by Bridget McCrea

Always Doing Better for their Clients by Bridget McCrea

Pdf Summary

Eric S. Toya, partner/director of wealth management at Navigoe, LLC, discovered his passion for financial planning during college when he enjoyed helping his friend with investment strategies. He realized he wanted to merge his finance background with advising individuals on personal financial matters. Toya started his career in a sales position with an insurance company but eventually found his way to Navigoe, a fee-only financial planning firm. Navigoe was founded in 1996 with the goal of offering independent and comprehensive financial planning without commissions or conflicts of interest. Toya emphasizes the firm's focus on providing value to clients and helping them make smart financial decisions. Navigoe follows the principles of Modern Portfolio Theory and mainly uses Dimensional Fund Advisors investments to achieve broad diversification. The firm works with about 120 households and manages nearly $250 million in assets. Toya values the diversity of the team at Navigoe, which allows them to relate to a wider range of clients. He also appreciates the support and networking opportunities provided by NAPFA, which has helped him fully immerse in the fee-only approach and continuously improve as a planner. Despite the challenges faced in 2020, Navigoe is looking forward to a fresh start in 2021 and is eager to meet their local clients once it is safe to do so. The firm is committed to staying at the forefront of technology to work more efficiently and effectively, and they have embraced tools like portfolio management software, scheduling software, customer relationship management software, tax planning software, and video conferencing platforms like Zoom.

Keywords

Eric S. Toya

financial planning

investment strategies

fee-only financial planning

Modern Portfolio Theory

Dimensional Fund Advisors

diversification

NAPFA

technology in financial planning

2021 financial goals