Jonathan is a Certified Financial Planner™ (CFP®) with Payant Wealth Management Group. Jonathan spent six (6) years with Charles Schwab & Co. in their Advisor Services department. There he interfaced directly to support independent financial advisors in areas such as investment research, estate planning, retirement planning and income tax modeling. He also holds his 7, 24, 63 and 65 securities licenses.
Jonathan has a passion for helping people achieve their financial goals and brings a wealth of experience to PWMG. His responsibilities include financial plan preparation and presentations, client portfolio reviews, and performing client account due diligence as part of our quarterly Investment Committee meetings. His main focus is on you, the client. The clients who have worked with Jonathan are familiar with his exceptional attention to detail and willingness to provide assistance.
Jonathan graduated from the University of Central Florida with a bachelors in economics and a minor in mathematics. During his free time, he enjoys playing the many great golf courses in the area and enjoying the beautiful waterways that Tampa Bay has to offer.
What it takes to become a CFP
CFP® professionals complete a multi-year, multi-step process to obtain the skills and real-life experience they need to serve your best interests.
The course of study develops expertise in 70 specific topics over eight major areas of personal financial planning:
- Professional Conduct and Regulation
- CFP Board's Code of Ethics and Standards of Conduct
- CFP Board’s Procedural Rules
- Function, purpose, and general structure of financial institutions
- Financial services regulations and requirements
- Consumer protection laws
- Fiduciary standard and application
- General Principles of Financial Planning
- Financial planning process
- Financial statements
- Cash flow management
- Financing strategies and debt management
- Economic concepts
- Time value of money concepts and calculations
- Education needs analysis
- Education savings vehicles
- Education funding
- Gift / income tax strategies
- Risk Management and Insurance Planning
- Principles of risk and insurance
- Analysis and evaluation of risk exposures
- Health insurance and health care cost management (individual and group)
- Disability income insurance (individual and group)
- Long-term care insurance and long-term case planning (individual and group)
- Qualified and Non-Qualified Annuities
- Life insurance (individual and group)
- Business owner insurance solutions
- Insurance needs analysis
- Insurance policy and company selection
- Investment Planning
- Characteristics, uses and taxation of investment vehicles
- Types of investment risk
- Market cycles
- Quantitative investment concepts and measures of investment returns
- Asset allocation and portfolio diversification
- Bond and stock valuation concepts
- Portfolio development and analysis
- Investment strategies
- Alternative investments and liquidity risk
- Tax Planning
- Fundamental and current tax law
- Income tax fundamentals and calculations
- Characteristics and income taxation of business entities
- Income taxation of trusts and estates
- Tax reduction/management techniques
- Tax consequences of property transactions
- Tax implications of special circumstances
- Charitable/philanthropic contributions and deductions
- Retirement Savings and Income Planning
- Retirement needs analysis
- Social Security and Medicare planning
- Eldercare and special needs planning
- Types of retirement plans
- Qualified plan rules and options
- Non-qualified plan rules and options
- Key factors affecting plan selection for businesses
- Distribution rules and taxation
- Retirement income and distribution strategies
- Business succession planning
- Estate Planning
- Property titling and beneficiary designations
- Strategies to transfer property
- Estate and incapacity planning documents
- Gift, estate, and GST tax compliance and calculation
- Sources for estate liquidity
- Types, features, and taxation of trusts
- Marital deduction
- Intra-family and other business transfer techniques
- Postmortem estate planning techniques
- Planning for divorce, unmarried couples and other special circumstances
- Planning for special needs and circumstances
- Psychology of Financial Planning
- Client and planner attitudes, values, biases
- Behavioral finance
- Sources of money conflict
- Principles of counseling
- General principles of effective communication
- Crisis events with severe consequences
- Additional requirements:
- A Bachelor's Degree for an accredited college or university
- 6,000 hours of professional experience related to the financial planning process.
- Comprehensive multi-day exam with an average pass rate of less than half.
- Ethics requirements include:
- Acting as a fiduciary — in the best interests of the client at all times when providing financial advice.
- Pass a detailed background check.
- Commit to some of the highest ethical and conduct standards in the industry.