Wealth Management Services
Residents of West Michigan know Community West Credit Union is dedicated to helping our members achieve financial success. Over 25,000 members trust us with their finances and look to us for essential financial education to help them reach their most important goals. But in addition to our checking and savings accounts, credit cards, and loans, Community West is also home to a team of independent Financial Advisors who can help you organize, understand, control, and accumulate your wealth. Learn more about our Wealth Management services and contact us today to schedule an appointment with one of our financial advisors.
The Importance of Wealth Management
Many of our members balance a number of financial concerns, including saving for retirement, contributing to a health savings account, managing investments, saving for children’s college expenses, and more. It can be extremely difficult to manage all of these factors at once, and even finance-savvy individuals may feel overwhelmed by money management. How can you be sure you’re making the right decisions? And who can you turn to for sound advice?
When you work with one of our on-site Financial Advisors, you gain the invaluable expertise of an experienced and certified professional who can provide a comprehensive approach to creating a wealth management plan just for you, including:
- Financial Resource Analysis
- Insurance Needs Analysis
- Investment Strategies
- Retirement Planning
- Tuition Funding Programs
Wealth Management also proves essential during many of life’s most important transitions. Whether your family is growing, your marital status is changing, you’re experiencing financial challenges, or you’re looking to the future, a trusted financial professional can offer the guidance needed to position you and your family for success and security.
Working with a Financial Advisor
When you choose to work with the Community West Wealth Management team, they will ask questions about your current finances, including savings, income, debt, taxes, investments, and more. They will need a full picture of your situation to understand your needs and provide the right advice. At the same time, your advisor will also ask about your goals. Do you want to buy a home or a second home? Start a family or save for grandchildren? Retire by 50 or start a small business?
At this point, a Financial Advisor can create a long-term strategy that will guide your financial decisions for years to come. This strategy is likely to evolve over time as your needs and circumstances change, providing a lasting roadmap to preserve the wealth you’ve accumulated today, grow it in the future, and protect it for passing down to future generations.
Social Security Basics – February 22, 2023, at 6:30 PM
A quick 45-minute workshop to get you the most vital information about Social Security, the many filing strategies, taxation of benefits, and a free personalized report for those who stay until the end.
The ABCD’s of Medicare – March 29, 2023, at 6:30 PM
If the “alphabet soup” associated with Medicare has you confused, you’re not alone. In this one-hour, educational workshop, Tony Stumpo, MBA will:
- Simplify the various parts of Medicare (A, B, C and D)
- Break down what is covered (and just as important – what isn’t!)
- Discuss enrollment periods you’ll need to watch out for
- Distinguish between Medicare Advantage and Medicare Supplements
- Define the costs, and how to avoid higher Medicare premiums
- How to get a free consultation to pick the best plan for you
Taxes in Retirement – Coming Soon
In this one-hour, educational webinar, you’re going to learn how to reduce the taxes on your retirement income without reducing your standard of living. We’ll talk to you about the three biggest mistakes we see retirees make.
Meet the Team
Nicholas VanGeest is a CERTIFIED FINANCIAL PLANNER™ serving the mid-Michigan area. He received a Bachelor’s degree from Grand Valley State University in 2009 and began working as a Financial Advisor in 2010.
Nick specializes in helping clients work towards organizing, understanding, controlling, and accumulating their wealth. He is an advocate for holistic financial planning and believes there are many non-financial elements that need to be taken into consideration. In addition to investments, Nick is licensed to help with life, long-term care, disability, and other types of insurance.
When Nick is not in the office you may find him playing a variety of competitive sports including softball, basketball, volleyball, and golf. He also enjoys hiking and doing just about anything outdoors.
Nick holds the CERTIFIED FINANCIAL PLANNER™ designation, series 7 and 66 securities licenses as well as life, health, accident, and variable products insurance licenses. He also holds the Certified Plan Fiduciary Advisor designation.
Nicholas VanGeest, CFP®, CPFA
CERTIFIED FINANCIAL PLANNER™
Tony Stumpo is a CERTIFIED FINANCIAL PLANNER™ serving the Greater Grand Rapids area. He received his Bachelor’s degrees from Grand Valley State University in 2008 & 2010 followed by his MBA from Michigan State University in 2017. He began working as a Financial Advisor in 2018.
Tony is an advocate for holistic financial planning and believes there are many non-financial elements that need to be taken into consideration when building financial plans. In addition to investments, Tony is licensed to assist with life, long-term care, disability, and other types of insurance.
When Tony is not in the office he can usually be found at the gym where he enjoys working out and the sense of community. He can also be found traveling the country playing competitive dodgeball. He enjoys spending time with his wife and dog and will do just about anything that keeps him active.
Tony holds the CERTIFIED FINANCIAL PLANNER™ designation, series 7 and 66 securities licenses as well as life, health, accident, and variable product insurance licenses.
Tony Stumpo, MBA, CFP®
CERTIFIED FINANCIAL PLANNER™
Learn More about Wealth Management at Community West
If you’re not sure where to begin or want to improve your overall financial planning strategy, contact Community West Credit Union today. Financial Advisors are available by appointment at six locations throughout West Michigan. To learn more or to schedule an appointment, please call 616-261-5657, ext. 8209 today.
Riskalyze – Measure your risk tolerance today!
With Riskalyze, measuring your risk tolerance has never been simpler! Members can take a questionnaire, either in-person or online, that uses a series of 7 simple questions to assign a risk number to clients. The results will show members a portfolio with an actual risk number and how it might perform in up markets, down markets, a financial crisis, compared to the S&P, and more. The portfolio is broken down by risk, fees, expenses, and other critical factors. As a result, an advisor is able to show members a portfolio that aligns with their risk number and advises based on how much risk you currently have, how much risk you are willing to endure, and how much risk you may need to take, or not, to meet your goals. Take the Riskalyze questionnaire to get started today, or watch this video for more information.
Securities offered through First Heartland Capital, Inc.® Member FINRA & SIPC. Advisory services offered through First Heartland Consultants, Inc.® Community West Wealth Management is not affiliated with First Heartland Capital, Inc.® Securities offered through First Heartland Capital, Inc.® are: not federally insured, subject to market risk including loss of principal, not obligations of, deposits of, or guaranteed by the Credit Union.
* Stocks, mutual funds and variable products are not suitable for all investors. Before making any purchases you should carefully read the prospectus and prospectuses for the underlying investment portfolio of variable products and other information about the investment company. In addition to carefully reviewing the prospectus, you are advised to consider carefully the investment objectives, risks, charges and expenses of the investment before investing. A prospectus may be obtained by contacting Community West Wealth Management or directly from the mutual funds, insurance company, or offering entity.