Business
Today's guest is Derek Notman a Financial planner in Madison Wisconsin who isn't entirely convinced that buying a house is a particularly good financial choice. Derek shares his experience and advice on a variety of subjects beyond real estate and home ownership... He explains why Cashflow is king. and why knowing Where your money comes from and where it goes is so important About knowing what you really want from life because If you don't know what you want, it's just too easy to do what everyone else is doing. Don't fall in love with a house until you fall in love with the financial picture of that house. Sure your friends are happy to have you visit their big beautiful home, but they don't tell you about the stress it may cause in their lives. And why he believes buying a home might just be one of the worst financial decisions someone can make. Financial Planning and Advisor Fees reflect my typical fee for these services and are negotiable. Financial Planning Fees are typically collected in full at contract signing, though other arrangements may be available. The advisory fee is calculated and collected monthly. For the Representative Directed Program, the advisor fee range shown is a breakpoint and reflects the assessed advisor fee for all assets as each threshold is crossed. For all other Advisory programs there are two pricing options, the advisor fee range shown may be tiered, that is the range reflects the assessed advisor fee for the portion of assets within the stated band, or may be a breakpoint based on the proposed initial investment. This decision will be part of the discussion when establishing your account. The Financial Planning Agreement and/or the Statement of Investment Selection (SIS), each of which you will sign if you engage in a Financial Plan or open an Eagle account, will reflect your specific fees. For Advisory accounts please note that additional Money Manager, Platform, 12b1, and Expense Ratio fees may apply. You should reference Eagle's Wrap Fee or Firm Disclosure brochure, available at www.eaglestrategies.com/important-disclosures, for additional information on fees including how and when fees may change and the method of calculation. Derek Notman is registered as an Investment Adviser Representative, under Eagle Strategies LLC, a Registered Investment Adviser. Derek Notman, Intrepid Wealth Partners, 999 Fourier Drive, Madison, WI 53717. Intrepid Wealth Partners is not owned or operated by Eagle Strategies LLC and its affiliates. Eagle Strategies LLC and NYLIFE Securities LLC are New York Life Companies. *CFP® & Certified Financial Planner ® is a designation. *Derek Notman is registered as an Investment Adviser Representative, under Eagle Strategies LLC, a Registered Investment Adviser, offering advisory services in the states of CA, FL, TN, WI, CO, AZ, MN, MA, NY, NJ, NH, VT. As such, these services are strictly intended for individuals residing in WI, MN, MA, NY, NJ, NH, VT. **Derek Notman is also a Registered Representative of and offers securities products & services collectively through NYLIFE Securities LLC, Member FINRA/SIPC, a licensed insurance agency. In this regard, this communication is strictly intended for individuals residing in the states of CA, FL, TN, WI, CO, AZ, MN, MA, NY, NJ, NH, VT. No offers may be made or accepted from any resident outside the specific states referenced. Derek Notman is an agent licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the states of FL, TN, WI, MN, IL, NY, MA, VT, CA (Derek’s - CA Insurance Lic. 0K35010). No insurance business may be conducted outside the specific states referenced. Intrepid Wealth Partners, LLC is not owned or operated by NYLIFE Securities LLC or its affiliates. ^Neither Eagle Strategies, LLC, its affiliates nor Intrepid Wealth Partners or its employees provide tax, legal, or accounting advice. Please consult your own tax, legal, or accounting professional regarding your particular situation. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, Certified Financial Planner™ and CFP® in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.