VETTED
Erich Imphong
CFP®
Tel: 301-907-9790 8401 Connecticut Ave Suite 400 Chevy Chase, MD 20815
A Strong Set of Values Infused into Every Relationship
About Erich Imphong
Erich is a CERTIFIED FINANCIAL PLANNER™ who has been in the financial service industry for over a decade. He received his Bachelors of Science from The Catholic University of America and his Master degree in Finance from The Sellinger School of Business at Loyola University Maryland. Prior to joining Plotkin, Erich was both a client manager and the associate portfolio manager at Geier Asset Management, Inc. in Marriottsville, MD. At Geier, Erich worked with professional athletes, business owners, retirees, and families to implement their financial goals. In conjunction with these responsibilities he gained tremendous experience analyzing, identifying and executing strategies in client investment portfolio's that aligned with their unique income and growth objectives.
The diverse clientele that Erich has served over the years has allowed him to recognize that there is not a standardized approach when it comes to crafting the right financial plan or investment allocation for clients and their families. This is why Erich believes in holistic financial planning in order to develop a plan and investment strategy that meets the client's needs. Truly passionate about this approach, Erich also conducts retirement income planning seminars on how to accumulate and align assets with one's retirement goals.
Erich is a sports enthusiast having played team sports all his life and enjoys staying active by acquiring new hobbies. He and his wife, Kelly, have two young children.
About Plotkin Financial Advisors, LLCThe diverse clientele that Erich has served over the years has allowed him to recognize that there is not a standardized approach when it comes to crafting the right financial plan or investment allocation for clients and their families. This is why Erich believes in holistic financial planning in order to develop a plan and investment strategy that meets the client's needs. Truly passionate about this approach, Erich also conducts retirement income planning seminars on how to accumulate and align assets with one's retirement goals.
Erich is a sports enthusiast having played team sports all his life and enjoys staying active by acquiring new hobbies. He and his wife, Kelly, have two young children.
As a CERTIFIED FINANCIAL PLANNER™ at Plotkin Financial Advisors, LLC I am in the business of
making a difference in the lives of clients and their families. I am guided by the core values of
honesty, integrity, independence, innovation, objectivity and as a fiduciary of clients'
interests. As an independent firm, we are free to craft financial plans and make recommendations
that fit our clients best. The services and investments we recommend are based on what is in the
best interest for our clients and their families.
My firm's comprehensive wealth management service is a refined process that helps to define and clarify the financial landscape for the clients we serve. Together, we help you and your family work towards your financial goals.
What - Provide clients with sound advice regarding every aspect of their financial lives.
How - I utilize our proprietary Legacy Program method to design a customized wealth management plan.
Why - I believe comprehensive financial planning is the foundation of achieving your desired lifestyle.
See DisclosuresMy firm's comprehensive wealth management service is a refined process that helps to define and clarify the financial landscape for the clients we serve. Together, we help you and your family work towards your financial goals.
What - Provide clients with sound advice regarding every aspect of their financial lives.
How - I utilize our proprietary Legacy Program method to design a customized wealth management plan.
Why - I believe comprehensive financial planning is the foundation of achieving your desired lifestyle.
General Information
CRD#:
5083311
Firm CRD#:
7717
Name of Broker/Dealer:
Independent Financial Group, LLC
Name of Custodial Firm:
Charles Schwab
States Licensed in:
DC, MD, VA
States Willing to do Business in:
Accokeek, Alexandria, Andrews Air Force Base, Annandale, Annapolis Junction, Arlington, Ashburn, Ashton, Barnesville, Beallsville, Beltsville, Bethesda, Bladensburg, Bowie, Boyds, Brentwood, Brookeville, Bryans Road, Burke, Burtonsville, Cabin John, Capitol Heights, Centreville, Chantilly, Cheltenham, Clarksburg, Clarksville, Clifton, Clinton, College Park, Columbia, Crofton, Damascus, Davidsonville, Dayton, Derwood, Dickerson, Dunn Loring, Elkridge, Ellicott City, Fairfax, Fairfax Station, Falls Church, Fort Belvoir, Fort George G Meade, Fort Myer, Fort Washington, Fulton, Gaithersburg, Gambrills, Garrett Park, Germantown, Glen Echo, Glenelg, Glenn Dale, Glenwood, Great Falls, Greenbelt, Halethorpe, Hanover, Herndon, Highland, Hyattsville, Jessup, Lanham, Laurel, Lorton, Manassas, Mc Lean, Montgomery Village, Mount Rainier, Oakton, Occoquan, Odenton, Olney, Poolesville, Potomac, Reston, Riverdale, Rockville, Sandy Spring, Savage, Severn, Silver Spring, Spencerville, Springfield, Sterling, Suitland, Takoma Park, Temple Hills, Upper Marlboro, Vienna, Waldorf, Washington, Washington Grove, West Friendship, Woodbine, Woodbridge, Westminster
Years of Experience in Financial Services:
13
Number of Years with Current Firm:
3
Work with the following types of clients:
Individual Investors, Businesses, Non-Profit Organizations
Advisory Services Provided:
Tax Advice and Services, Financial Planning for Individuals, Money Management, Retirement Planning, Portfolio Management, Estate Planning & Trusts
Compliance
Registered Investment Advisor:
Yes
Registered Representative:
Yes
Investment Advisor Representative:
Yes
Acknowledged fiduciary:
Yes
Qualifications & Memberships
Certifications, Accreditations & Designations:
CFP®
Securities Licenses:
Series 66, Series 7
Insurance and Annuity Licenses:
Variable Life, Variable Annuity, Life, Annuity
Services
Investment Types:
Stocks, Bonds, Options & Futures, Commodities, Alternative Investments, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
Can meet clients in the following ways:
Phone, Our Office, Your Office, Your Home
Compensation and Fees
Fee Structure:
Fee-Based
Minimum Portfolio Size for New Managed Accounts:
$250,000
Compensation Methods:
Based on Assets, Commissions
Financial Planning for Individuals
Personalized, unique and thoughtful financial planning.
Plotkin Financial Advisors, LLC, implements a customized
approach to financial planning that focuses on helping
you clarify your goals, plan for the future, and build a
legacy.
Our CERTIFIED FINANCIAL PLANNERS™ become your personal resource and understand that no one individual or family is the same. This is why we take the time to get to know you, determine how we can help, and identify with your concerns as well as your goals. It is through this discovery that we offer comprehensive solutions that alleviate these concerns and move you towards your goals.
Our CERTIFIED FINANCIAL PLANNERS™ become your personal resource and understand that no one individual or family is the same. This is why we take the time to get to know you, determine how we can help, and identify with your concerns as well as your goals. It is through this discovery that we offer comprehensive solutions that alleviate these concerns and move you towards your goals.
Portfolio Management
How well you invest will dictate the resources you have
available to meet your objectives and goals. This is why
it is imperative that our advisors know your goals as we
craft your plan because these will influence how we
invest your portfolio.
It is through our investment analysis process that we will determine if your existing portfolio is inefficient or suitable for you. In analyzing your investments, we review all of your accounts to summarize your allocation between equities (stocks), fixed-income (bonds) and cash. These include your personal and work retirement accounts, taxable investment accounts and cash reserves in savings and CDs. Next, we review your specific investments to verify the quality of the investments as well as how much risk is associated with the underlying investments. Ultimately, our investment decisions and recommendations will help build you a portfolio that:
Generates enough income you can live off of in retirement Offers growth potential so that it appreciates Reduces security risks through diversification Allows you to sleep at night
Our investment planning process makes it possible to choose the most suitable investments for you. Unlike many of our competitors, we do not offer a cookie-cutter investment proposal with our financial plans, but rather a customized portfolio that is designed to meet your specific goals and objectives.
It is through our investment analysis process that we will determine if your existing portfolio is inefficient or suitable for you. In analyzing your investments, we review all of your accounts to summarize your allocation between equities (stocks), fixed-income (bonds) and cash. These include your personal and work retirement accounts, taxable investment accounts and cash reserves in savings and CDs. Next, we review your specific investments to verify the quality of the investments as well as how much risk is associated with the underlying investments. Ultimately, our investment decisions and recommendations will help build you a portfolio that:
Generates enough income you can live off of in retirement Offers growth potential so that it appreciates Reduces security risks through diversification Allows you to sleep at night
Our investment planning process makes it possible to choose the most suitable investments for you. Unlike many of our competitors, we do not offer a cookie-cutter investment proposal with our financial plans, but rather a customized portfolio that is designed to meet your specific goals and objectives.
Retirement Planning
Plotkin Financial Advisors, LLC (PFA) offers
comprehensive retirement income planning to help
alleviate the uncertainty of managing your investments in
retirement. If you are planning your retirement or are
currently retired, our retirement planning solutions help
project your income needs and determine an effective
withdrawal strategy that is not only sustainable but is
also feasible.
Insurance Planning
As much as financial planning is goal-oriented to help
you pursue your passions, it also proactive in helping
manage your risks. Our advisors understand that in
investing and in life, it is always important to protect
your downside and reduce risk. You can manage this
through insurance planning. Careful insurance planning
may help replace income, reduce debt, protect your
assets, and mitigate the impact of taxes on your estate.
As part of the financial planning process our advisors
will objectively address your insurance needs in the
following areas:
Life Insurance
Long-term care
Business insurance
Disability
It is never pleasant thinking about "what-if" scenarios, but insurance planning is necessary so that you and your family are protected from the unexpected.
Life Insurance
Long-term care
Business insurance
Disability
It is never pleasant thinking about "what-if" scenarios, but insurance planning is necessary so that you and your family are protected from the unexpected.
Estate Planning & Trusts
Not addressing your estate can be a costly endeavor, and
neglecting to do so could cause significant frustration
and heartache to your loved ones. This oversight usually
goes against one's plans for taking care of loved ones,
and it is why discussing and implementing an estate plan
should accompany a financial plan. Implementing an estate
plan will help reinforce your legacy and ensure your
assets pass to loved ones.
Furthermore, outside of Will's, we review how your investment accounts are titled and verify if the beneficiary designations are current. For example, you may have an old 401k from before you were married, so it doesn't list your spouse as a beneficiary. Proper estate planning will ensure oversights like these are reviewed and remedied.
As part of our Signature Services, Plotkin Financial Advisors, LLC offers estate planning services to eligible clients. If you are interested in learning more about this program, please feel free to contact me.
Furthermore, outside of Will's, we review how your investment accounts are titled and verify if the beneficiary designations are current. For example, you may have an old 401k from before you were married, so it doesn't list your spouse as a beneficiary. Proper estate planning will ensure oversights like these are reviewed and remedied.
As part of our Signature Services, Plotkin Financial Advisors, LLC offers estate planning services to eligible clients. If you are interested in learning more about this program, please feel free to contact me.
Tax Advice and Services
Income taxes impact everything about you financially, and
it is for this reason that it is necessary to mitigate
the impact that taxes have on your income, investment
returns, and gifts to loved ones. Income tax planning is
interwoven in our financial planning process through a
review and discussion of your current situation.
We ask that each client include their prior two years of income tax returns so that these may be incorporated in their financial review.
We ask that each client include their prior two years of income tax returns so that these may be incorporated in their financial review.
Investment Advice & Management
Investments customized for you.
We shape our investment offerings so that they are tailored to meet your goals and ambitions. It is for this reason that we allocate your portfolio based on some of the following questions:
What are your short and long-term goals? Do the underlying investments offer the correct risk- reward balance? Are the investments tax efficient?
We analyze your responses to these questions in order to customize your portfolio to capitalize on opportunities in the economy as well as meet your capital needs when they arise. Most goal-oriented investing revolves around preserving principal, generating income, and growing your assets. Your risk tolerance and stage in life will dictate what investment allocation makes the most sense for you. Our investment committee and financial advisors have identified investment vehicles, managers, and programs that can help each investor best meet their goals. Some of the options that comprise our investment portfolio include:
Exchange Traded Funds (ETFs), Index Funds & Mutual Funds, Unit Investment Trusts (UITs, Private Placement Programs in Real Estate as well as Oil & Gas Partnerships), Real Estate Investment Trusts (REITs), Private Equity, and Hedge Funds Annuities
Each of the mentioned offerings and strategies has unique characteristics that can help diversify your portfolio. Our Investment Committee diligently identifies top performers, through independent research and institutional resources, and implements these strategies in your portfolio.
We shape our investment offerings so that they are tailored to meet your goals and ambitions. It is for this reason that we allocate your portfolio based on some of the following questions:
What are your short and long-term goals? Do the underlying investments offer the correct risk- reward balance? Are the investments tax efficient?
We analyze your responses to these questions in order to customize your portfolio to capitalize on opportunities in the economy as well as meet your capital needs when they arise. Most goal-oriented investing revolves around preserving principal, generating income, and growing your assets. Your risk tolerance and stage in life will dictate what investment allocation makes the most sense for you. Our investment committee and financial advisors have identified investment vehicles, managers, and programs that can help each investor best meet their goals. Some of the options that comprise our investment portfolio include:
Exchange Traded Funds (ETFs), Index Funds & Mutual Funds, Unit Investment Trusts (UITs, Private Placement Programs in Real Estate as well as Oil & Gas Partnerships), Real Estate Investment Trusts (REITs), Private Equity, and Hedge Funds Annuities
Each of the mentioned offerings and strategies has unique characteristics that can help diversify your portfolio. Our Investment Committee diligently identifies top performers, through independent research and institutional resources, and implements these strategies in your portfolio.
Money Management
Another integral component to achieving your dreams and
enjoying your investments is to review your cash flow and
your lifestyle. Our advisors analyze how much you spend
versus how much you earn. This simple analysis should
have a profound impact on how you assess your financial
condition.
Cash flow management is different for each family and individual, contingent on their stage in life. During your working years, our cash flow analysis offers answers to the following:
How much should I be saving and investing? When should I start saving for my kids' education? When is it feasible to buy a vacation home? In contrast, as you enter retirement, our analysis changes to determine how much can you spend without outliving your savings. This will help answer questions such as:
What is my annual travel budget to see the world? How much can I gift to my children and grandchildren? What is a reasonable amount to give to causes about which I am passionate?
Regardless of your life stage, understanding your cash flow and knowing what you have available to enjoy life and plan for the future will alleviate financial worry and free you to pursue interests and live life well.
Cash flow management is different for each family and individual, contingent on their stage in life. During your working years, our cash flow analysis offers answers to the following:
How much should I be saving and investing? When should I start saving for my kids' education? When is it feasible to buy a vacation home? In contrast, as you enter retirement, our analysis changes to determine how much can you spend without outliving your savings. This will help answer questions such as:
What is my annual travel budget to see the world? How much can I gift to my children and grandchildren? What is a reasonable amount to give to causes about which I am passionate?
Regardless of your life stage, understanding your cash flow and knowing what you have available to enjoy life and plan for the future will alleviate financial worry and free you to pursue interests and live life well.
Disclosures
WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.
www.pfallc.com
Additional Detailed Disclosures
Disclaimer
Securities offered through Independent Financial Group, LLC, a registered broker- dealer. Member FINRA/SIPC. Advisory services through Plotkin Financial Advisors, LLC, a registered investment advisor. Plotkin Financial Advisors, LLC and IFG are not related entities. For a list of states in which we are registered to do business, please visit our website www.pfallc.com.
13 Years of Experience
Compliance
Registered Investment AdvisorYes
Registered RepresentativeYes
Investment Advisor RepresentativeYes
Acknowledged fiduciaryYes
Communities Served
AccokeekAlexandriaAndrews Air Force BaseAnnandaleAnnapolis JunctionArlingtonAshburnAshtonBarnesvilleBeallsvilleBeltsvilleBethesdaBladensburgBowieBoydsBrentwoodBrookevilleBryans RoadBurkeBurtonsvilleCabin JohnCapitol HeightsCentrevilleChantillyCheltenhamClarksburgClarksvilleCliftonClintonCollege ParkColumbiaCroftonDamascusDavidsonvilleDaytonDerwoodDickersonDunn LoringElkridgeEllicott CityFairfaxFairfax StationFalls ChurchFort BelvoirFort George G MeadeFort MyerFort WashingtonFultonGaithersburgGambrillsGarrett ParkGermantownGlen EchoGlenelgGlenn DaleGlenwoodGreat FallsGreenbeltHalethorpeHanoverHerndonHighlandHyattsvilleJessupLanhamLaurelLortonManassasMc LeanMontgomery VillageMount RainierOaktonOccoquanOdentonOlneyPoolesvillePotomacRestonRiverdaleRockvilleSandy SpringSavageSevernSilver SpringSpencervilleSpringfieldSterlingSuitlandTakoma ParkTemple HillsUpper MarlboroViennaWaldorfWashingtonWashington GroveWest FriendshipWoodbineWoodbridgeWestminster
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Office Hours
Monday9:00 - 17:00
Tuesday9:00 - 17:00
Wednesday9:00 - 17:00
Thursday9:00 - 17:00
Friday9:00 - 17:00
SaturdayClosed
SundayClosed
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