Checkpoint Financial Planning is a fee-only registered investment advisor based in Highland Park, Illinois, founded in 2023. Checkpoint provides advice-only financial planning and does not manage investment portfolios or sell financial products. Clients receive objective guidance designed to help achieve their personal and financial goals. The firm offers two primary service formats: a Financial Review, which is a fixed-fee service providing a second opinion and directional guidance after several meetings, and a Strategic Plan, which is a comprehensive, detailed financial planning service billed on an hourly basis. Checkpoint covers a wide range of topics including retirement planning, tax strategies, cash flow and debt management, estate planning, employee benefits, and business planning. Checkpoint acts as a fiduciary, is owned and operated by Brian Rhoads, and does not have any account minimums.
Fee Structure
- Financial Review — $3,000 fixed fee, providing an assessment of your financial state and recommendations across cash flow, debt, insurance, benefits, college funding, healthcare, retirement, and basic tax and estate planning over four video meetings.
- Strategic Plan — $375 per hour, offering holistic, detailed financial planning for complex needs such as Social Security timing, pension elections, retirement timing, windfall planning, withdrawal strategies, complex investments, stock options, tax planning including Roth conversions, and advanced estate planning.
- Hourly consulting — $375 per hour for additional services requested after completing a Financial Review or Strategic Plan.