Why Did You Become a Financial Advisor?
I needed someone to help me manage all aspects of my finances because I was too busy as an executive for a Fortune 40 company. I couldn’t find anyone who would look at the entire picture: assets, options, deferred comp plans and estate. Being in business, I saw an immediate demand for this from all my corporate colleagues. I also saw colleagues making bad decisions based on the “latest fads.”
Thus, I designed my practice based on what I needed, which is a private CFO service for humans. I listen to my clients’ wants and needs and then I provide them with information so they can make informed decisions, and I organize their financial lives so they can do what they do best, or what they want to do.
A Team Approach
My advisor practice began as a solo endeavor, but I have often considered adding someone qualified and compassionate to my team. My requirements are non-negotiable. I want to work with smart and caring professionals who are more than financial planners. Further, I seek out collaborations with tax advisors who understand optimal asset location and the tax implications of the investment decisions we make.
When my daughter, Elisa Schvaneveldt, broached the subject of being a financial advisor, I knew immediately we would be a powerful team. Elisa, who is also a CPA, checks all those boxes on my list of qualifications. Elisa officially joined Forum in Salt Lake City in January 2021.
THE POWER OF
We understand the many facets of financial planning and help clients take the guesswork out of critical financial decisions.
Clients should be able to trust us and feel that we have their best interest at heart, not for the benefit of institutions.
WHAT WE DO
FOR OUR CLIENTS
We are client-centric and fiduciary minded, serving clients with a high degree of integrity and honesty.
Barbara Ray, CPA, PFS is a seasoned advisor who knows the business world inside and out. As a former executive at a Fortune 40 company, Barbara has more than 30 years of experience in finance ranging from startups to the Fortune 40. Barbara takes a no-nonsense position on goal setting and financial planning where a client’s present-day needs carry just as much weight as his or her expectations for the future.
In 2004, Barbara founded her own advisor practice in Salt Lake City, Utah. As CEO of Vantage Point Advisors, she used her business acumen to help individual investors, families and community organizations. Vantage Point Advisors joined with Forum in January 2019. Barbara considers it her responsibility as an advisor to act as a financial point person to offer strategic, personalized direction and act in a client’s best interest following a fiduciary standard of care.
She is a member of the American Institute of Certified Public Accountants and the Financial Planning Association. Barbara holds a bachelor’s degree in accounting and business administration from Regis University. She earned her MBA from University of Utah.
A PERSONAL APPROACH
Tell Us About Your Financial Life and Aspirations
Your experience begins with an initial meeting to identify your financial vision for the future and risk tolerance levels. We review our investment philosophy and approach with you so that you fully understand each milestone of our process and how our relationship will evolve over time.
Discuss Topics Crucial to Your Financial Success
Over the course of the next few meetings, the content and breadth of each meeting is defined by your personal needs. We can review your estate planning and risk management needs, discuss retirement accumulation or distribution planning, evaluate educational funding needs, review your tax situation, and go over any other items crucial to your financial success.
Develop a Strategic Plan Unique to You
Once you select an allocation, we put together a strategic implementation plan that will coordinate investment of your portfolio between qualified (tax-advantaged) assets and non-qualified assets in order to maximize tax efficiency. The topics we address during our time with you vary depending on your unique needs and situation.
Putting Your Plan Into Action
We establish your Forum account based on the portfolio allocation we discussed and what we learned about your risk tolerance and financial goals. With your new Forum account now in place, you will have the opportunity to access your Forum Client Portal for the first time and connect with members of the Forum Client Service team.
Review Goals and Plans When Your Life Changes
You will receive reporting that will clearly show your performance net of all fees and compared to applicable market indexes. Additionally your assets are held at a reputable third-party custodian that furnishes independent monthly reports so you can feel confident about the safe handling of your money.