JEWISH SINGLES

For Selective Dating Call

charge in a number of differ-
ent ways. Some charge a flat
dollar amount to cover the
costs of the first year of work.
Others present an estimate of
the first year's cost and then
bill clients at the end of each
month or quarter for the ac-
tual amount of time spent.
When starting out, fee-only
planners charge around $40-
$60 per hour or $1,000 to
$3,000 per year. Well-
established fee-only planners
may charge between $100 to
$200 an hour or $5,000 to
$10,000 a year. Since most of
the groundwork is laid dur-
ing the first year, the second
year's fees usually come down
to about half the first year's
costs. This is a good rule of
thumb, unless, of course, a
client has a lot of problems
the second year.
Some fee-only planners also
manage money. Therefore, a
fee-only financial planner
might receive two separate
fees, one for financial plan-
ning services and the second
for managing the client's in-
vestments.
It is important to under-
stand the total costs of a fi-
nancial plan and its im-
plementation. Costs include
fixed or hourly fees as well as
brokerage or sales commis-
sions that are paid for the
purchase of investment prod-
ucts.
The following questions
will help you get a handle on
the services and compensa-
tion of a financial planner.
Is a financial pia', pro-
vided? If so, will the plan in-
clude: a review of in; -owls,
cash management, buc

CALENDAR

COMMUNITY NETWORK
FOR JEWISH SINGLES
(25-45):
Brace-Lederle
Field, Southfield, co-ed,
drop-in softball, 10 a.m.
Sunday.

TOASTMASTERS:
Main
Jewish Center, 6600 W.
Maple, meeting and orien-
tation, 7:30 p.m. Tuesday,
free, 642-3617 or 356-5369.

PEDDLERS . BICYCLE CLUB
(25-45): Southfield Public
Library steps, Father's Day
ride, 10:30 a.m. Sunday,
681-0527.

COMMUNITY NETWORK
FOR JEWISH SINGLES
(25-45):
Blue Nile
Restaurant, Trapper's Alley,
Ethiopian Jewish dinner,
7:30 p.m. Monday; reserva-
tions, admission, 661-1000,
ext. 347.

SPACE: 30233 Southfield,
Suite 100, Southfield, Cross-
roads Productions presen-
tation about divorce, 7:15
p.m. Thursday, reservations,
258-6606.

LO-LA

credit analysis, tax planning,
investments, insurance needs.
If a fee is charged, what is
it based on: an hourly rate, a
percentage of assets or a flat
fee?
If "fee-and commission" or
"commission only" (or affil-
iated with broker dealer),
what percentage of income
comes from insurance prod-
ucts, annuities, mutual funds,
limited partnerships, stocks
and bonds, other (explain)?
What are the planner's
educational background, cre-
dentials, length of experience,
professional career history?

The Dating Service

Try our complimentary interview
strictly confidential.

Claire Arm
Mildred Rosenbaum

P.O. Box 254
Lathrup Village, MI 48075
356.0949

Singles Toronto
Weekend Nears

Reservations are still
available for the Jewish Sing-
les Toronto Trip slated for
July 17-19.
Leaving by train from
Windsor, the weekend will
include a singles Oneg Shab-
bat, a cocktail party-dance
and brunch, all with Toronto
Jewish singles.
Free-time will be available
for sightseeing and shopping.
Group shuttles will be avail-
able to the oneg and dance.
Hotel shuttles also will be
available.
Jewish singles age 24-45
are invited. The weekend has
been arranged by the Jewish
Community Cei ter, The
Jewish News a - .s.t Metro To-
ronto Singles.
For reservation informa-
tion, call Jill Cole at the
Jewish Center, 661-1000, ext.
347; or Heidi Press, evenings
until 10, 352-6858. Deadline
for reservations is July 9.

Singles Picnic
In West Bloomfield

16 available
at similar discounts

B'nai B'rith Michigan Sing-
les will have a picnic 11:30
a.m. June 28 at the home of
Harold Rodd, 2666 Bay Rd.,
West Bloomfield.
Refreshments will be
served. There is a charge. For
directions and information,
call Rodd, 353-7579; Shirley
Gendler, 268-7139; or Stella
Rives, 559-2366. Everyone is
welcome.

Holiday Party
Due At Sassy's

Holiday for Singles invites
singles 21 and up to its holi-
day party at 8:30 p.m. July 3
at Sassy's in the Southfield
Holiday Inn.
The evening will include a
cash bar, dancing, contests,
prizes and snacks. There is
an admission charge.

HOURS

Interview at least two
prospects before choosing.
Feel comfortable with the
person who will be advising
you on your "financial
health."

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