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Wes Shannon

CFP®, LUTCF
Retirement, Investing, Small Business
90%
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7
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15
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“Wes has 32 years of experience in the financial services field, and is the founder of SJK Financial Planning, an independent registered investment advisory firm, fee-only practice.”
Firm:

SJK Financial Planning, L.L.C.

Job Title:

Managing Partner

Biography:

Wes started his career as an insurance agent for his family’s independent insurance agency in Fort Worth, Texas, where he was born and raised. He owned several businesses over the years in the financial services and other industries.  

After working decades in the insurance and financial services industry, Wes eventually left the insurance field to commit to financial planning and investment advising. Wes founded SJK Financial Planning, where SJK represents the initials of his children. 

Wes graduated with a  bachelor's degree in Business Administration from the University of North Texas majoring in Financial Planning. In addition to being a Certified Financial Planner™ Professional, Wes is a Life Underwriters Training Council Fellow (LUTCF). Wes is also an active member of the DFW chapter of the Financial Planning Association.

In his personal life, Wes has raised three children and seen them through college. He has been active in church, school, and professional organizations all his life. Wes enjoys the outdoors participating in backpacking, hunting, fishing, canoeing, and camping. He likes to cook, garden and read. He has a passion for old movies and is a Turner Classic Movie fan.

 

Education:

BA, Risk Management, Insurance, & Financial Services, The University of North Texas

Assets Under Management:

$12 million

Fee Structure:

Fee-Only
Asset-Based

CRD Number:

1673397

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  • Wes Shannon, CFP
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January 2018
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    Estate Planning, Taxes, Tax Deductions / Credits
Should I make a charitable donation to lower my tax liability?

Consider making a Qualified Charitable Deduction QCD from your IRA directly to the university, thus reducing your RMD income for tax purposes. 

I would encourage you to seek out a “Fee only” independent Registered Investment Adviser (RIA).  RIA’s are fiduciaries and will have your best interest at heart.  Find one who is a Certified Financial Planner professional ™ (CFP®).  You can find advisers at the following websites:

National Association of Personal Financial Advisors - https://www.napfa.org/financial-planning/how-to-find-an-advisor

CFP Board - http://www.letsmakeaplan.org/?utm_source=LMAP&utm_medium=header&utm_content=homepage&utm_campaign=header

Financial Planners Association - http://www.plannersearch.org/

XY Planning Network - https://www.xyplanningnetwork.com/

4 weeks ago
    Social Security, Retirement Plans
Should I begin collecting Social Security at age 62 when I retire or at age 67, which is my full retirement age?
100% of people found this answer helpful
4 weeks ago
    Debt, Estate Planning, Investing, Real Estate
Should I pay off a commercial loan principal monthly or invest the extra capital?
January 2019
    Investing, IRAs, Taxes, Income Tax, Tax Deductions / Credits
Does a traditional IRA benefit me more than a regular investment account?
100% of people found this answer helpful
January 2019
    Retirement, IRAs, Stocks, Taxes
If I roll over my private company stock into a Roth IRA, can I make 15 percent of it liquid via a withdrawal?
100% of people found this answer helpful
January 2019