"I'm the math teacher,

science teacher, principal

and janitor."

Katie%20Brewer

Katie Brewer

Katie Brewer37

President, Your Richest Life

Fast Facts

  • Developed a monthly fee-only model for her practice that doesn't rely on assets under management.
  • Helps with greyhound rescue and has two adopted greyhounds.
  • Volunteers with Junior Achievement to teach financial literacy.

Katie Brewer likes helping those who need it most – but often don't get it from the financial planning community. "I've worked for a lot of great firms in the past, but it was impossible to convince them to run a separate young professional division," she said. So she founded Your Richest Life to fill that gap. "It was an experiment to do what I love doing and make a living wage off it," she said.

Ms. Brewer charges clients on a project basis, which typically means a larger upfront fee and a monthly ongoing retainer. She also does outreach in her community and speaks regularly at universities and organizations on the importance of financial literacy, and provides free personal finance education through her blog, Your Richest Life.

Running your own business and caring for clients is a full-time job. "My six-year-old was trying to grasp what it is I do," said Ms. Brewer. "And she asked, 'Are you the teacher, or the principal?' And I said, 'Honey, I'm the math teacher, science teacher, principal and janitor.'"

– John Waggoner