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Chris Olsen, CFP®, RICP® and Bridge Pointe Financial Group: Listening Is a Priority

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Having a solid plan for your fiscal future is one of the most important actions anyone can take. Working with a professional whose mission is to help clients plan for the future is the first step in creating a sound financial strategy.

Bridge Pointe Financial Group, Lodi, California, provides comprehensive, fee-based financial advice for clients who want to invest for their future. Owner Chris Olsen, CFP®, RICP®, is passionate about working closely with clients to help them meet their financial needs and plan for the future. With expert insight into financial investments that include maintaining cash reserves, debt management, investment protection and taxes, Bridge Pointe Financial works with clients to ask the right questions to ensure financial planning needs are met. 

Listening to the needs of clients is a priority at Bridge Pointe Financial Group. The result is clients who are confident about their future financial goals and whose choices reflect their personal dreams and goals.

Meet Chris Olsen, CFP®, RICP®
Chris Olsen is a Certified Financial Planner, Private Wealth Advisor and owner of Bridge Pointe Financial Group. He holds the Retirement Income Certified Professional designation and is a member of the Million Dollar Round Table, Top of the Table. He is starting his 35th year as a financial planner; 33 of those years of experience are with Ameriprise Financial Services. In 2015, Chris received the Ameriprise Hall of Fame award, which is designed to recognize exceptional professionals who have achieved years of consistently high performance along with a proven commitment to financial planning and superior client service. The Hall of Fame designation is considered a lifetime achievement award. Fewer than 2 percent of Ameriprise financial advisors have earned this distinction.

He is past president of GOTKids, a foundation serving the needs of the children in the Lodi Unified School District, and he’s a 30-year member of the Financial Planning Association. His commitment to the community further includes being a 25-year member of the San Joaquin Estate Planning Council, serving as continuing education chairman for the board of directors, and being a member in the Lodi Tokay Rotary Club for 26 years, having served on the board for 22 years. He has a monthly column in the Lodi News Sentinel and has been quoted in national media including Money® magazine, The Wall Street Journal, Financial Advisor, USA Today, MorningstarAdvisor.com, horsesmouth.com, financial-planning.com and the Journal of Financial Planning.

From his experience, Chris answered a few pertinent questions about getting started with a successful financial plan.

At what age should you start investing?
Begin as early as possible. If you start at age 25 and put aside $2,000 a year in a tax-deferred retirement account for 10 years and then you stop saving completely, by the time you reach 65, your $20,000 investment will have grown to more than $240,000, assuming a 7 percent annual return, even though you didn’t contribute a dime beyond age 35.

What are the benefits of hiring a financial advisor?
Working with a financial advisor has many benefits for those who want to invest in their future. An advisor can provide invaluable advice on how to meet your goals, and then address any concerns you may have in regard to saving for the future and additional financial needs. Additional objectives would include saving for college, a home or a car. Financial advisors work closely with clients to help analyze information that is specific to a client’s needs, goals and objectives for the future. 

Additionally, working with an expert in the financial industry provides insight into achieving both short-term and long-term financial goals. Educating clients on strategies and how, why and where to invest is also a benefit that financial advisors provide. For example, how a client saves for education is usually different than how they would save for retirement. As part of the comprehensive services offered by a professional financial advisor, clients can open retirement plans, apply for life or disability insurance and create an investment portfolio to work toward their goals.

Do small contributions still grow a successful portfolio?
The answer is yes, absolutely. Every contribution, regardless of the amount, helps. 

What is important for women to know when managing their husband’s or family’s estate?
It is important for women to know that trusting a financial advisor to help manage an estate after a death can provide comfort and professional advice during a time when they need it the most. Whether it’s helping with appraisals on rental properties or settling life insurance policies, a financial advisor has the tools and expertise to navigate the difficult areas that often arise. An advisor can also provide financial advice on how to invest for her future going forward, and how to deal with Social Security, IRAs and stock purchases made.  

Bridge Pointe Financial Group is located at 801 S. Ham Lane, Suite H, Lodi. Contact Chris and his team at 209-367-8700.