Learn More: MITFCU Financial & Retirement Services
Whether it’s saving for your kid’s college education, protecting your family’s future with sufficient life insurance, or planning for your own retirement, we can help you develop your financial strategy with a no-cost, no-obligation analysis.

For a list of our products & services, click here.

Introducing Your Financial Advisor, Richard Erickson, CFP^©
Having been in financial services for over 25 years, Richard J. Erickson, CFP^® brings a wealth of experience and knowledge to the MITFCU Financial & Retirement Services program. His experience as an organizational development consultant for some of the larger financial firms including The Travelers, John Hancock, and Bank of America, together with his experience managing his own practice as a financial advisor, first with Smith Barney and most recently with Merrill Lynch, has given him the skills to successfully implement the program.

Rich has an undergraduate degree in psychology from UMass in Amherst and a Masters in quality systems management from the National Graduate School in Falmouth.

Rich is FINRA registered to sell securities, and is also insurance licensed and is a CERTIFIED FINANCIAL PLANNER^TM professional. He is an active supporter of not-for-profit environmental and community groups. His hobbies include gardening, cooking and reading. Rich lives in Ipswich with his wife and their three cats.


The Financial Planning Process

• Goal Setting
  The first step in any planning process is to identify and define your desired outcomes and your goals. Once we have a solid understanding of what it is you want to achieve, then we can help you get there.
   
• Current Analysis
  Before we can develop a strategy for achieving your goals, we first need to understand your current situation. Through a careful, thorough analysis of where you are now, we gain a clear picture of your current resources and needs.
   
• Strategy Development
  Once we know what you want to achieve and have an understanding of where you are now, we can begin to develop a plan to help you get from here to there.
   
• Implementation & Monitoring
  Finally, it’s time to set your plan in motion. With ongoing monitoring and formal, periodic assessment, we’re able to assess progress toward goals and make adjustments to both the strategy and the goals as needed to keep everything on track.
  
  

In practice, the process is not quite so linear. The back-and-forth between analysis and goal setting, between development and analysis, between implementation and strategy create the fluid, dynamic approach needed to most likely achieve success.

Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor,2000 Heritage Way, Waverly Iowa 50677, toll-free (866) 512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members. CBSI is a registered broker/dealer in all fifty states of the Unites States of America.