Financial Planning and Counseling: A Pioneering Approach for a New Financial Age
Our Rapid City financial therapy firm is one of the few in the nation that partners with counselors and coaches to help our clients understand their relationships with money in order to help them permanently change their financial behaviors.
Our research shows having a clear outlook on the new financial planning landscape helps clients be more disciplined and better at sticking with their financial goals because they understand how their wealth affects other aspects of their lives.
As a KFG client, you will learn the underlying emotional issues that keep you making the same money mistakes over and over and how money makes you feel and behave in certain situations. In a practical, personal way, Kahler Financial Group’s certified financial therapist team in Rapid City can offer people in South Dakota a financial stress-free plan for building a comfortable and productive relationship with money.
Ninety Percent of Money Decisions Are Made Emotionally
Researchers tell us that about 90% of financial decisions are made in the emotional part of the brain. Instead of using the logical portion of our brain to make money decisions, we use the logical portion of our brain to justify the emotional decisions and calm those feelings of anxiety and fear.
In financial therapy, we help clients understand that most financial decisions are governed by what we think, feel, and believe about money and how those beliefs are affecting our everyday financial decisions.
Our financial therapist in Rapid City can help facilitate conversations around money between couples, families, parents and adult children, and business partners, bridge the gap between money and emotions, explore emotions around money and money beliefs, work through life transitions, and find the root of money behaviors in their personal finances.
As this field combines financial planning with financial therapy we often need to look to our money history for clues as to why our present relationship with money isn’t working well. Our money history also includes what we think, feel, and believe about all aspects of money. Unfortunately, money decisions made emotionally or unconsciously are not often in our best financial interests.
We provide you with solid, practical tools for understanding and reshaping these unconscious assumptions that keep you stuck. We have developed a clinically proven method of making sound, logical financial decisions. Through years of research, we’ve combined the principles of financial planning, behavioral finance, and experiential therapy to develop a personalized process – we call it financial therapy – that leads to financial serenity, sobriety, and security.
Rick Kahler is now dually certified as a Certified Financial Transitionist® and a Certified Internal Family Systems Practitioner.
“As a Certified Financial Transitionist®, I understand human transitions on their deepest levels. I know what influences the way we think and act when our world has suddenly and irrevocably changed. I’m able to identify when a transition is going well, and I have tools to further enhance the experience. And if a client is struggling with their transition, I know how to keep them safe and help them work through their difficulties.”
What is a Certified Financial Transitionist® (CeFT®)?
Whether they begin with an inheritance, the sale of a business, or both simultaneously, transitions thrust individuals and families into a position where what was once considered stable is suddenly in flux. Traditional financial planning definitely covers the bases when it comes to important topics such as taxes, investments, cash flow, and estate planning. But that’s only half of the experience of financial change. The other half is the human experience of adapting to change.
The Sudden Money Institute (SMI) has spent 19 years studying the psychology, sociology, and neuroscience of change. They’ve even delved into what thought leaders in the business world say about change and adaptation. As important, they know that perceptions and expectations about change are powerful and can profoundly affect thinking and decision-making.
The Sudden Money Institute created the Certified Financial Transitionist® (CeFT®) designation to give financial planners and their clients science-based, field-tested tools and protocols designed specifically to merge the personal side and the technical side of financial change. The training and certifying division of SMI, the Financial Transitionist Institute, awards this new designation only after candidates demonstrate: fluency with the unique skill set of the CeFT®; deep knowledge of the stages of transition; and skillful use of proprietary materials designed for Financial Transitions Planning. That yearlong-plus process includes mandatory coaching, over 30 hours of coursework, and a Day-Long Certification Exam that tests content, communication, and listening.
The result? Professionals who can create solutions that are customized for each client’s unique values, relationships, and vision of the future.
To find out more about this certification:
In 2021 Rick became a Level 3 Certified Internal Family Systems Practitioner.
Rick is the originator of combining IFS Therapy with Financial Therapy, a process he calls IFS Informed Financial Therapy. Becoming a Certified IFS Practitioner took Rick 18 months and 350 hours of training and client experience. Rick Kahler is a Certified Financial Planner® since 1983. Read more about his Rick Kaher here.
What is a Certified Internal Family Systems Practitioner?
Rick Kahler’s Work in Financial Therapy
Rick’s work in the emerging field of financial therapy has resulted in four co-authored books, a ground-breaking clinical study, and the creation of the Onsite workshop on financial therapy. The Wall Street Journal heralded him as a pioneer in “financial integration.” In her book Coming Home To Myself, Wynonna Judd wrote about how her work with Rick and Dr. Ted Klontz changed her life. ABC has featured Rick and Dr. Klontz on their 20/20 news show and Good Morning America.
Unlocking Your Money Mindset
Learn more about Financial Therapy in this interview with Rick Kahler for the webinar series, “Unlocking Your Money Mindset”, hosted by Kate Schroeder, Psychotherapist, Relationship Expert, and Financial Expert.
Build a Better Relationship with Money
Our firm is one of the few in the nation that partners with counselors and coaches to help our clients understand their relationships with money and how they feel about money in order to help them permanently change their financial behaviors.
Our research shows having a clear outlook on the new financial planning landscape helps our clients make plans for retirement and be more disciplined and better at sticking with their plans long-term because they understand how their wealth affects other aspects of their lives.
As a KFG client, you will learn the underlying emotional issues and emotional aspects that keep you making the same money mistakes over and over. In a practical, personal way, Kahler Financial Group’s money management counseling services and financial advisors in Rapid City and South Dakota can offer a detailed plan for building a comfortable and productive relationship with money.