As fiduciaries we are entrusted and required by law to put our client's best interest first at all times. Similar to the Hippocratic Oath for physicians, the Fiduciary Standard places us under both a legal and moral obligation to put our clients' best interest ahead of our own. You might find it odd (as we do) that not all financial advisors are held to this same standard.
In many cases, financial advisors are simply held to a Suitability Standard, which only requires them to make recommendations that are suitable for their clients, not necessarily what is best for them. As fee-only advisors, the only compensation we ever receive comes directly from our clients. You can rest assured knowing that the only person we work for is you.
In many cases, financial advisors are simply held to a Suitability Standard, which only requires them to make recommendations that are suitable for their clients, not necessarily what is best for them. As fee-only advisors, the only compensation we ever receive comes directly from our clients. You can rest assured knowing that the only person we work for is you.
Services
Our founder, David Luke, started his career in the financial services industry back in 1989 when he left a comfortable and secure job at the bond trading desk for General Motors to become a stock broker for AG Edwards.
After years of serving clients in the brokerage and commission model David was determined to find a better way to serve his clients without the conflict of interest that existed between selling the products of his brokerage firm and doing what was absolutely best for the client.
After years of serving clients in the brokerage and commission model David was determined to find a better way to serve his clients without the conflict of interest that existed between selling the products of his brokerage firm and doing what was absolutely best for the client.
To start, we'll begin with an initial consultation that will give us both a chance to make sure your situation and needs matches our expertise and services. If we both agree it's a good fit we'll move forward, if not we'll happily refer you to a few professionals we believe match your needs. Next, we'll send you a financial planning questionnaire, risk tolerance questionnaire, and document checklist to gather all of your financial information.
Reviews (10)
Counter Productive Productions
Dec 23, 2021
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I did a search for a fee-only CFP in 2019 and found that Medicus Wealth Planning was the best fit for me. I’ve been extremely happy with the relationship. They provide thoughtful, quality guidance, planning and service. I really appreciate that they take time to explain plan concepts where needed and provide the information I need to make decisions. I made the transition to retirement this year, (a year earlier than planned), and I was so thankful that Kevin had prepared the way and provided the modelling to show that I could do so with confidence. I love that they are motivated by a real fiduciary
Richard Jones
Nov 04, 2021
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I've worked with a number of different investment managers and Kevin is the first to truly be independent as a fee-only advisor. Compared to the other three I work with I can tell he has my interests 100% in mind, the others kept telling me things to do that I can now see were in both their interest (profit) and my interest, but not 100% my interests. Kevin is also very thorough - not only advising on our investments, but also on will/trust, insurances and properties.
Lori Hansen
Nov 02, 2021
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We started with a Fee Only financial planner about 14 years ago and we were very satisfied with him until he retired. We are now with Kevin at Medicus and could not be happier with Medicus. We are currently (in Yuma Az) happily retired and we retired early! Kevin is down to earth and straight forward which we value immensely. We highly recommend Kevin and his firm.
Jeff N. R.
Oct 26, 2021
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Medicus Wealth Planning does a very thorough job at assessing your financial health. They will talk you through the steps toward a more financially secure future. Personally, one of the many areas they helped me with- was understanding the security a litte extra insurance could give me. They also helped me recognize how achievable my financial goals are and laid out a path for me to follow. I plan on checking in with them as I progress toward my goals. Plans for the future must be dynamic because Life is dynamic. The Covid pandemic will no doubt have an impact on all of our financial futures in
Doug Payne
Oct 21, 2021
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My wife and I have been clients of Kevin and the previous practice leader for over 30 years. Kevin has always been responsive to our needs and his follow up and client service have been exemplary. Most important the investment returns have been such that we always have met or exceeded our investment goals. I would recommend Kevin and his team without hesitation.
Steve Michels
Oct 20, 2021
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Kevin and his team have provided great service both to me and the investment accounts we have set up through them. Timely responses, straightforward and transparent on all interactions so far. My wife and I's Roth IRA accounts have been successful so far. I would recommend Medicus Wealth Planning to close friends and family as I am confident they would have a similar experience.
Carolyn Wilcken
Sep 18, 2021
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Medicus Wealth Planning in general, and Kevin Michels specifically, has handled my small account with the same care and respect as they would a much larger account. They have always been prompt in responding to questions and I appreciate their business approach. I have recommended them to others and feel comfortable and confident in doing so.
Rick Michels
Sep 15, 2021
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Medicus provides very capable and professional financial planning service to me and my employees. We use them for our retirement plan here at Holland Equipment and they’re always available in person or on the phones to answer any questions that my employees might have. I feel very confident that I’m making good decisions with my money with Medicus.
Matt F.
Sep 15, 2021
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Kevin has been instrumental in helping us build and implement a successful early retirement plan (retired at 47). He is extremely knowledgeable and is always willing to answer any question I have. The financial plans he puts together are extremely well-thought out and detailed and he explores multiple scenarios to identify the ideal outcome.
I feel very fortunate to have found Kevin and look forward to working with him for a very long time!
I feel very fortunate to have found Kevin and look forward to working with him for a very long time!
Steve Michels
Sep 14, 2021
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Positive: Professionalism
My investments have been in good hands over the years with Medicus Wealth Planning. i have seen a increasing rate of return in both my 401K and IRA plans. The Medicus Wealth Planning Team is knowledgeable and professional and have helped me build my portfolio for my retirement years.
My investments have been in good hands over the years with Medicus Wealth Planning. i have seen a increasing rate of return in both my 401K and IRA plans. The Medicus Wealth Planning Team is knowledgeable and professional and have helped me build my portfolio for my retirement years.
