Robert Schmanskyage 37
President, Clear Financial Advisors
Four years ago, Rob Schmansky created an advisory firm to provide clients with financial clarity based on their particular planning needs, something he felt he couldn’t offer at his former firm.
“I wanted to craft a practice around what a specific client was looking for or going through, such as having a child,” Mr. Schmansky said. “I also wanted to be able to help people just starting out, and those who had lower assets than most traditional advisers are interested in helping.”
Today his Livonia, Mich.-based Clear Financial Advisors specializes in fee-only advice for young families, those who have come into sudden wealth through inheritances and self-employed individuals such as accountants and lawyers. He charges by the project or via a monthly retainer and manages about $6.5 million in assets for clients.
A certified financial planning professional, Mr. Schmansky teaches courses for those attaining the CFP designation and recently became a CFP Board ambassador, championing holistic planning through his writing.
He’s also a member of the Financial Planning Association and the National Association of Personal Financial Advisors, and writes both a personal blog and one for Forbes magazine.
In addition to volunteering with industry organizations, Mr. Schmansky gives back to his country by providing financial planning services and literacy presentations to military families, usually at a time when one of the spouses is being deployed.
— Liz Skinner