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“McClarren Financial Advisors provides peace of mind through collaborative

fee-only fiduciary relationships for optimistic people who want to advance their personal and financial goals.” 

MCCLARREN FINANCIAL ADVISORS, INC.

Serving clients with offices in State College and Harrisburg, Pennsylvania

McClarren Financial Advisors, Inc. is a comprehensive, fee-only personal financial planning firm. We provide guidance in taxes, investments, goal setting, record keeping, insurance and estate planning. We help you set realistic goals, and then provide you with the tools, and coaching, necessary to achieve them.

Have questions about working with us or how to get started? Contact us anytime at 814-235-1940 or toll-free at 866-760-4036

Check the background of McClarren Financial Advisors, Inc. on FINRA'S BrokerCheck.


napfa
acp
focus on fiduciary

INDEPENDENT, FEE-ONLY ADVISORS

PROFILE

WHO ARE OUR CLIENTS?

Our clients are "real people" with "real world" challenges. We offer on-going, comprehensive advice. Our primary clients are middle-income individuals and couples with families. The firm is a registered investment advisor with the Commonwealth of Pennsylvania. 

WHAT MAKES US DIFFERENT?

McClarren Financial Advisors, Inc. is a fee-only financial advisor. We have no products to sell, only our services. We do not sell stocks, bonds, mutual funds or insurance, therefore, we earn no commissions whatsoever.

McClarren Financial Advisors, Inc. uses a holistic approach to financial planning. We know that decisions you make in one area of your financial life impact the other areas as well. Investment decisions must take into consideration the effect they have on other aspects of our clients' financial lives.

Our approach produces results!

Our approach simplifies and brings order to your financial life and saves you money on taxes and on investment expenses. Our approach puts proven investment techniques to work to minimize risk and maximize return.

To learn more on what it means to work with a Fiduciary Financial Advisor, please check out the "Focus on Fiduciary" link for information from NAPFA's (National Association of Personal Financial Advisors) Education Foundation.

SERVICES

What's Offered

All of our engagements begin with a free initial consultation. At this meeting, we get to know one another, discuss your goals and circumstances, the services we provide and whether or not our help is appropriate for you.

If our services seem a good match for your goals and situation, we discuss with you our standard retainer agreement.  

Fee Structure

A discussion of a financial advisory practice would not be complete without a disclosure of compensation. The fee structure at McClarren Financial Advisors, Inc. is designed to reduce conflicts of interest between our clients and ourselves. We charge an annual retainer fee for our services based on our clients' income, net worth and complexity. There are never any additional fees charged by our firm. Our clients know, up front, how much our services cost them and exactly what services they receive. By not charging commissions, we eliminate the conflict of interest of profiting financially from our recommendations. In addition, our clients know that our loyalty is to them and not to a brokerage firm.

Our annual retainer fees are as varied as the range of our clients' financial situations, because each client situation is different, actual fees must be calculated on a per case basis. 

The cost of a Standard Retainer ranges from $3,500 to $26,000.

The cost of a Young Professionals Retainer ranges from $3,000 to $3,500. 

Both levels of service may not be offered to every client.  MFA must use its discretion to determine whether the service level adequately matches the circumstances and goals of the client.


Standard Retainer

The Standard Retainer is the focus of our practice. It is with this retainer that our clients receive the full benefit of our services.

We meet with our clients four or five times during the course of the initial year, depending on the situation, to create and set in motion their financial plans. The areas covered include, but are not limited to:

  • Tax Preparation
  • Budgeting and Cash Flow
  • Tax Planning
  • Record-Keeping
  • Inventory of Client Assets
  • Retirement Planning
  • Portfolio Analysis
  • Goal Setting
  • Develop Asset Allocation Strategies
  • Estate Planning Review
  • Recommend Investments
  • Small Business Planning
  • Insurance Analysis
  • Education Planning
  • Analysis of Employee Benefits

Our Standard Retainer is an open-ended retainer. This means that our services are not limited only to scheduled appointments covering designated topics. Our clients are free to call any time to discuss with us any topics of concern which are within our scope of expertise. There is no added charge for calling or emailing us.  

Both levels of service may not be offered to every client.  MFA must use its discretion to determine whether the service level adequetly matches the circumstances and goals of the client.

Young Professionals Retainer

The Young Professionals Retainer is a retainer agreement that we offer for high-income earners who are just starting out in the accumulating asset phase. The ideal young professional client has the following attributes:

  • Under age 35
  • Starting income of $100K jointly or individually
  • No asset minimum but not more than $200,000 in investable assets.

What is included in this retainer agreement are not limited to the following: 

  • $3,000 - $3,500 annual fee for a two-year period. 
  • Meetings with one of our Associate Advisors who is an Investment Advisor Representative. 
  • First year of the retainer includes three meetings: investments, insurance/estate planning, and tax planning.
  • Second year of the retainer includes two meetings: investments and tax planning. 
  • Tax preparation is included in the fee for both years. 
  • The Young Professionals Retainer is a two-year program.  At the conclusion of the second year, the client can move to a Standard Retainer.  A new fee will be calculated, based on the client's current income, assets, and scope of work at that time. 
  • Open-ended retainers are not limited to scheduled appointments only.  There is no added charge for calling or emailing us.  
  • Offering of the Young Professionals Retainer agreement is subject to McClarren Financial Advisors, Inc. (MFA) discretion. 

Both levels of service may not be offered to every client.  MFA must use its discretion to determine whether the service level adequately matches the circumstances and goals of the client.


GET TO KNOW US

Greg Reeder  Photo

Greg Reeder

Financial Advisor/Owner
Read Bio

Greg Reeder

Financial Advisor, owner

greg@mcclarren.com

Greg Reeder, CFP® is a co-owner of McClarren Financial Advisors, Inc since 2017, and started with the firm in 2011.  

Greg's credentials and affiliations include:

  • BS degree from Lock Haven University of Pennsylvania
  • CERTIFIED FINANCIAL PLANNER™ Education Program from Northwestern University
  • Certified Financial Planner™ Practitioner
  • Member of the Alliance of Comprehensive Planners (ACP)
  • Member of the National Association of Tax Practitioners (NATP)
  • Investment Advisor Representative

In addition to working at McClarren Financial Advisors, Inc. Greg enjoys cooking, home improvement projects, playing baseball in the Centre County Sluggers League and spending time with his family.  Greg, his wife, and their three children live in Bellefonte, PA.

Check the background of Greg on FINRA's BrokerCheck.

 

Jennifer Anderson  Photo

Jennifer Anderson

Business Manager/Owner
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Jennifer Anderson

Business Manager, owner

jennifer@mcclarren.com

Jennifer Anderson is a co-owner of McClarren Financial Advisors, Inc since 2017 and recently celebrated 10 years with the firm.  

Jennifer graduated from the Pennsylvania State University with a BS in Management and a minor in Operations Management. She is currently a lifetime member of the Alumni Association and the Blue Band Alumni Association.

Jennifer began her financial services career about 18 years ago while working as a client relationship manager for a large wealth management firm where she was the key contact for over one hundred high net worth clients. During that time period she gained extensive knowledge in areas of insurance, financial, estate, and retirement planning.

Jennifer is an Investment Adviser Representative. She has her Life, Accident and Health Insurance license in the state of Pennsylvania and has graduated from the three-year Pennsylvania Bankers Association Central Atlantic School of Trust and Investment Management program.

Jen is married with two children, and lives in Bellefonte, PA with her golden retriever, "Fenwick".

Check the background of Jen on FINRA's BrokerCheck.

 

Jeffrey McClarren Photo Jeffrey McClarren Hover Photo

Jeffrey McClarren

Financial Advisor/Owner/Founder
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Jeffrey McClarren

Founder, Financial Advisor, Owner

jeff@mcclarren.com

Jeffrey McClarren, CFP®, EA, is the founder and co-owner of McClarren Financial Advisors, Inc. since its 1999 inception. Previously, he worked more than 15 years as an accountant and equity research analyst for a large institutional investment advisor. Jeff previously owned and operated an award-winning income tax preparation business for 17 years. Jeff's Jackson Hewitt tax service offices were awarded the 1999 Pennsylvania Exemplary ERO Award by the Internal Revenue Service. Only one firm is selected for this honor each year.

Jeff's credentials and affiliations include:

  • BS degree from The Pennsylvania State University
  • Certified Financial Planner™ Practitioner
  • NAPFA (National Association of Personal Financial Advisors) Registered Financial Advisor
  • Founding Member of the Alliance of Comprehensive Planners (ACP)
  • Member of the National Association of Tax Practitioners (NATP)
  • Member of Financial Planning Association (FPA)
  • Enrolled Agent with IRS (EA)

Jeff is married with three children and lives in Bellefonte, Pennsylvania. He is an experienced long-distance runner, completing several marathons and one 50 mile race.

Check the background of Jeff on FINRA's BrokerCheck.

Brandon Redmond Photo

Brandon Redmond

Financial Advisor
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Brandon Redmond

Financial Advisor

brandon@mcclarren.com

Brandon Redmond, CFP® has been with McClarren Financial Advisors, Inc since 2016.

Brandon’s credentials and affiliations include:

  • BS degree from The Pennsylvania State University
  • Certified Financial Planner™ Education Program from Bryant University
  • Certified Financial Planner™ Practitioner
  • Member of the Alliance of Comprehensive Planners (ACP)
  • Investment Advisor Representative

In addition to working at McClarren Financial Advisors, Inc. Brandon enjoys playing baseball in the Centre County Sluggers League, watching Penn State & Steelers football, and spending time with his family and friends. Brandon, his wife, and their pets live in Bellefonte, PA.

Check the background of Brandon on FINRA's BrokerCheck.

Carol Smith Photo

Carol Smith

Client Service Associate
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Carol Smith

Financial Advisor Assistant/Client Service Associate

carol@mcclarren.com

Carol joined McClarren Financial Advisors, Inc. in January 2016.

Carol began her financial services career as a research analyst with an institutional advisor in the early 1980’s.  For 18 years she also worked as an executive administrative assistant for three independent financial advisors.  While in that position, Carol gained extensive experience in all aspects of investments, insurance, client portfolio management, and client servicing.

Carol is married with two children and lives in Bellefonte where she loves to spend her free time reading, dabbling in music, relaxing with her now retired husband, and trying not to bug her children about providing her with grandchildren.

Kristina Paget Photo Kristina Paget Hover Photo

Kristina Paget

Client Service Associate
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Kristina Paget

Client service associate

kristina@mcclarren.com

Kristina, FPQP™joined our firm in April of 2018 where she began as an Administrative Assistant.  Currently she was promoted to the role of Client Service Associate.  

Kristina holds a BS in Business Administration from The Christopher Newport University. 

Her financial experience was cultivated over the last eight years as she moved with her family to various parts of the United States following her husband’s career in the military.  McClarren Financial Advisors, Inc. is happy to channel her knowledge in the client service area specifically with transfers of assets, trading and supporting our advisors.  

Kristina is married with two children and lives in Port Matilda where she loves to spend her free time gardening, exploring rails to trails and learning to horseback ride. 


Josh Purdy Photo

Josh Purdy

Associate Advisor
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Josh Purdy

Associate Advisor

josh@mcclarren.com


Josh is the newest member of our firm, joining us in April 2019.

Josh holds a BS in Business Administration from Lock Haven University.

He came previously from the insurance industry where he was involved in the sales and service of a brand-new insurance firm. He also spent seven years in the Pennsylvania Army National Guard.

Josh is an Investment Adviser Representative. He also holds a Life, Accident and Health Insurance license in the state of Pennsylvania.

This August, Josh plans to marry his high school sweetheart. They are currently building a house in the Huntingdon area where they reside with their two dogs. In his spare time, Josh enjoys hunting, fishing, and golfing - pretty much anything that keeps him outdoors.

Kaylee Wagner Photo

Kaylee Wagner

Administrative Assistant
Read Bio

Kaylee Wagner

Administrative assistant

kaylee@mcclarren.com

Kaylee’s Role 

Kaylee is our newest hire, coming on board in September 2019. She is the first person who will greet you when you come to our office and the voice you will hear when you call. She will also be the one contacting you for any information we need prior to your meetings and to set up and confirm appointments.    

Kaylee’s Background 

Kaylee has a B.S. in Geoscience from Lock Haven University with minors in Environmental Science and English.

What Kaylee finds most appealing about her job? 

Kaylee was drawn to our small, more informal office setting and her coworkers have helped to make it a pleasant environment.  She also enjoys gradually getting to know all our valued clients. 

Best piece of financial advice given to her 

“Always look to the future when deciding how to best use your money.” 

Favorites 

Book – The Inkheart Trilogy 

Food – everything sushi – she makes her own 

Ask her about:

The local music scene 

Kayaking in Centre County 

What it was like to lead tours in Penn’s Cave (an all water cavern) 

 

WE ARE HERE TO HELP YOU

FAQ

What is a Registered Investment Advisor?

A Registered Investment Advisor is a fiduciary who has a duty of undivided loyalty to his clients and must deal fairly and honestly with them. Any person or entity that holds itself out as a financial planner must be registered. A Registered Investment Advisor is a representative of the client.

 

What does McClarren Financial Advisors, Inc. sell?

We sell sound financial advice regarding taxes, investments, insurance, pensions, retirement, college, estate planning, and general financial matters. We also offer tax preparation and audit representation.

 

Who can benefit most from our services?

Anyone who has financial, tax, investment, or estate problems, or who wishes to plan prudently for his or her financial future can benefit. Furthermore, persons who desire a higher, more sophisticated level of financial planning services may find our program appealing and helpful.

 

How much money do you need to start a financial program?

There is no minimum or maximum dollar requirement. We recognize that everyone has financial planning needs regardless of the amount of assets they currently hold.

 

What is a financial plan?

A financial plan is an in-depth review of your financial situation, taking into account your goals and objectives and focusing on income tax planning, asset management, estate planning, risk management, educational planning and retirement. The plan analyzes and recommends ways that you can achieve your financial goals and objectives.

 

How much do you charge for planning services?

Our financial planning fees are determined by the project needed. We generally work on an annual retainer basis with a fee determined by your income, assets, and the complexity of the work. (See section entitled "Services" for additional information regarding the services we offer.)

 

Are the fees tax deductible?

Yes in certain circumstances.   

Do you sell financial planning products, such as investments, insurance or tax shelters?

No. We are fee-only planners. We can assist clients with the purchase or implementation of insurance and investments, but we do not sell products or receive any income from them.

 

How do we get started?

All of our engagements begin with a free initial consultation. At this meeting, we get to know one another, discuss your goals and circumstances, the services we provide and whether or not our help is appropriate for you.

If our services seem a good match for your goals and situation, we discuss with you the appropriate level of service. To schedule a free initial consultation, please call our office at (814) 235-1940. We will answer any questions you may have, schedule your appointment, and send you some additional information.

 

What information is required at the initial meeting?

First of all, if you are married or partnered, each of you should attend. Both of you benefit from the education and goal crystallization that this process provides. Please gather the following information to bring to the meeting:

  • Last year's tax returns
  • Investment statements, savings/money market accounts, brokerage accounts, IRA's, 401(k)'s deferred compensation, etc.
  • Completed Preliminary Financial Planning Profile (brochure will be mailed to you after we set the appointment). See Client Center link for an Adobe form.
  • Completed Statement of Assets and Liabilities. This is just a list that you compile, not a formal accounting statement.

Client Center

Interested in becoming a client?

Please call into our office (814-235-1940) or complete our questionnaire to get started.    If you choose to complete the questionnaire, a team member will be in contact with you.

After scheduling your appointment, please complete and submit the form below.  You can submit the profile sheet by using SecureFilePro.  

Client Logins

SecureFilePro

Useful Links

Federal Government Departments

Internal Revenue Service (IRS)
The IRS Online Forms, electronic filing, helpful tips and the latest IRS news can be found online

U.S. Department of Treasury
(Bureau of Public Debt) - Information on Savings Bonds and Treasury Securities

Social Security Administration
Your Social Security Retirement Benefits..., How much will I receive in Social Security Benefits? Check it out at the Social Security Retirement Calculator website.

Pennsylvania Government Departments

Pennsylvania Department of Revenue
Information on Pennsylvania State Taxes

Pennsylvania Guaranteed College Tuition Savings Plan
PA Treasury offers two 529 college savings plans: The PA 529 Guaranteed Savings Plan (GSP) and the PA 529 Investment Plan.

Miscellaneous

The Salvation Army
Donation Valuation Guide for Tax Deductions

Stock Quotes

Bankrate
Mortgage rates, CD rates, Auto Loans, Credit Cards, Mortgage News and more

Newsletters

These newsletters are saved as Adobe pdf files. A reader is required to open these files and is available for download by clicking here.

Information throughout this site, whether stock quotes, charts, articles, or any other statement or statements regarding capital markets or other finanical information, is obtained from sources which we, and our suppliers believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information.  Neither our information providers nor we shall be liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or for any delay or interruption in, the transmission thereof to the user.  With respect to information regarding financial performance, nothing on this website should be interpreted as a statement or implication that past results are an indication of future performance.  

2019 Winter / Spring

2018 Winter/ Spring/Summer/Fall

2017 Spring/ Summer/Fall

PHONE: (814) 235-1940

TOLL FREE: (866) 760-4036

EMAIL: jennifer@mcclarren.com

FAX: (814) 235-1935 

Primary Address:

1364 S. Atherton Street
State College, PA 16801

SATELLITE OFFICE

Governor's Plaza South
Building #3, Suite 234
2001 North Front Street
Harrisburg, PA 17102