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About El Camino Real Financial Advisors
In 2011, Kraig L Carpenter the founder and owner of El Camino Real Financial Advisors (ECRFA) filed as a privately held, fee based, independent, "RIA" i.e. Registered Investment Advisor. We are headquartered in Santa Teresa, NM and service clients across the United States. El Camino Real Financial Advisors does this with the highest level of trust, integrity and fiduciary respect. Kraig L Carpenter he is a member of the National Association of Certified Financial Fiduciaries and is registered in New Mexico, California and has noticed filed in Texas.
El Camino Real Financial Advisors offers Investment management services including portfolio management, retirement planning, insurance both life and annuities, through relationships to individuals and small businesses.
Kraig specializes in 401(k)'s for the Self-Employed Entrepreneurs & Income for retirees.
6 Reasons to join EL Camino Real Financial Advisors
1. We restrict our client list using the psychology of Dunbar's number. With ECRFA you're never treated as a number.
2. Simple flat fee with tailored advice and accounts under $3,000 are free.
3. We do any and all your paperwork like opening IRA's or Trust accounts; saving you time and money.
4. We make investing simple by implementing simple strategies using simple investments with low fees.
5. Simplified Financial Planning.
6. Great discounts on Quicken & Ramsey Solutions!
Why I Became A Financial Advisor, Planner, Certified Financial Fiduciary and Started Coaching
"I didn't stack these titles just to add letters after my name. I became a Financial Advisor and Planner because I love the strategy of wealth building—the math, the markets, and the roadmap. But early on, I realized that disillusionment in the industry i.e. turnover and longevity were a concern. Four realities kept me going:
1) A great plan is useless if it sits in a drawer.
2) The excitement of the stock exchanges fades and is countered by the need to have accurate research and that very research takes many hours of time to digest and often research leads to more questions. Can you have enough research?
Financial Steps
Introduction to Financial Markets
This is a private one to one telephone meeting with advisor Kraig L Carpenter a master at the KISS philosophy of teaching. The topic being a short discussion on financial markets fundamentals. How they work, the difference between the stock and bond markets and how you will benefit by understanding the difference. Then discussing a indexing strategy to invest in.
Session 1. Average time: 15 minutes
Annual Account Review
The annual account review is necessary to "staying on track" with your Financial Plan with possible decisions to make like should I invest more of change my strategy? This is the place to discuss anything you feel relevant and possible details, like pricing, duration and how achieve your goals.
Session 3. Average time 30 minutes to 1 hour
Facts - What not to do's
Q - “What percent of American adults have no life insurance?”
A - Approximately 49% to 50% of American adults have no life insurance coverage, according to 2024 and 2025 industry data, with only 51% reporting they own a policy. This leaves nearly 102 million Americans uninsured or underinsured, often due to misconceptions about cost, while 42% say they need or need more coverage.
Google +2
Q - “What percent of American adults have no will?”
A - Approximately 68% to 76% of American adults do not have a will, according to 2024 and 2025 studies. While estate planning spiked during the pandemic, that trend has reversed, with roughly 7 out of 10 people now lacking this document due to procrastination, a belief that they have insufficient assets, or the perceived complexity of the process.
Q - “What percent of American Adults know how to balance check book?”
A - Only about 13% to 21% of American adults regularly balance their checkbooks, according to older studies, while a more recent survey suggests that as few as 22% of younger demographics (Gen Z) possess this skill. Up to 79% of people rarely or never balance their checkbooks, often relying on digital tools instead.
Austin American-Statesman +3
Q - “What percent of consumers report feeling cautious, stressed, anxious, or confused about their retirement/college savings accounts?”
A - 42% Studies show consumers who work with advisors see better savings outcomes.Retirement Divides...Savers with an advisor are more than 2x as likely to have over $250,000 in retirement savings than those without an advisor.Data from Pontera on accounts managed by advisors on our platform shows the broader impact of professional guidance.
Q - “What percent of American Adults participate in a 401k)?”
A - Approximately 32% to 35% of all working-age American adults actively participate in a 401(k)-style retirement account, although roughly 55%–71% of civilian workers have access to one. While about 79% of Americans work for an employer that sponsors a plan, only about half of workers typically contribute, with participation rising significantly to over 90% in firms with automatic enrollment.
Q - “What is the median amount most American Adults have in retirement savings?”
A - As of 2022, the median retirement savings for all American families is roughly $87,000, though this varies widely by age, with many Americans having far less. While older households (55-64) have a median of roughly $185,000, roughly 46% of U.S. households have no retirement savings at all.
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Kraig Carpenter,CF2
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