Business Details
33 Years
experience
Your Trusted Financial Planning Partner in Connecticut
At First Financial Planners, we dedicate ourselves to positively impacting your financial future by protecting, preserving, and expanding your wealth. Our approach focuses on identifying vulnerabilities in your financial plan while implementing strategies to enhance gains. With over four decades of combined experience, our team specializes in comprehensive financial planning, including asset protection, retirement income strategies, tax optimization, and long-term care planning. We prioritize personalized solutions tailored to individual goals, leveraging proprietary market loss technology and multi-generational planning techniques. Our commitment to ongoing education ensures we stay at the forefront of industry developments, providing clients with data-driven insights and actionable plans.We emphasize transparency in all client interactions, maintaining fiduciary standards through registered investment advisory services. Our expertise extends to Social Security maximization strategies and estate planning, helping clients navigate complex financial decisions with confidence. Through regular media engagement via radio and podcast platforms, we strive to educate the public on retirement planning essentials while maintaining active memberships in professional organizations like the American Institute of CPAs and the International Association of Registered Financial Consultants.
Services
Investment Management
Income Planning
Tax Planning
Social Security
Long-Term Care
Details
- Year established: 1993
Highlights and features
- We offer 40+ years of combined experience in financial and tax planning
- Our team implements proprietary market loss technology for investment protection
- We provide comprehensive analysis of spending needs and future tax implications
- Our advisors hold multiple industry certifications including CPA and RFC designations
- We maintain active memberships in leading financial planning organizations
Services
Investment Management
Our investment management services utilize proprietary market loss technology to protect and grow assets. We analyze money management programs for both up and down markets, implementing asset protection strategies against creditors and lawsuits while maintaining growth potential. Our approach balances risk reduction with yield optimization for comprehensive wealth preservation.
Retirement Income Planning
We create customized retirement income plans addressing longevity concerns through comprehensive financial diagnosis. Our process identifies spending needs, tax implications, and savings requirements while developing strategies to prevent portfolio depletion. We provide clarity on retirement timelines and standard-of-living projections through detailed financial analysis.
Tax Planning
Our tax planning services focus on reducing current and future tax liabilities through strategic retirement account management. We address tax-deferred account imbalances and develop multi-generational tax strategies. Our approach includes coordinated planning with investment portfolios and legacy preservation techniques to maximize after-tax wealth transfer.
Social Security Planning
We specialize in optimizing Social Security benefits through strategic claiming decisions. Our analysis considers spousal benefits, survivor protection, and coordination with retirement income plans. We help clients avoid common claiming mistakes while maximizing lifetime benefits through personalized timing strategies.
Long-Term Care Planning
Our long-term care planning addresses asset protection against healthcare costs while maintaining legacy goals. We develop strategies to prevent asset spend-down, protect surviving spouses, and leverage existing resources. Our approach considers alternative solutions beyond traditional insurance to maintain financial security during extended care needs.
People
David J. Gagnon
Founder & Financial Advisor
Certified Public Accountant with 40+ years experience in financial planning. Holds RFC, CFS, and CCA designations. Former Deloitte & Touche accountant who founded First Financial Planners in 1993. Specializes in retirement income strategies and multi-generational planning.
Frank Bonanni
Paraplanner
Registered Investment Advisor with California credentials. Former Bank of America Investments trainer and JP Morgan financial advisor. Brings 25+ years of financial services experience to client support and planning implementation.
Questions
What financial planning services do you offer?
We provide investment management, retirement income planning, tax optimization, Social Security maximization, and long-term care planning services tailored to individual financial goals.
How do you help with retirement income planning?
We analyze current financial positions, project future needs, and create customized plans to ensure sustainable income throughout retirement while addressing tax implications.
What makes your tax planning approach unique?
Our tax strategies focus on long-term reduction of tax liabilities through coordinated planning with retirement accounts and legacy preservation techniques.
How do you optimize Social Security benefits?
We analyze claiming strategies to maximize lifetime benefits while coordinating with overall retirement income plans and tax optimization strategies.
What is your approach to long-term care planning?
We develop strategies to protect assets from long-term care costs while maintaining legacy goals, utilizing both traditional and innovative financial solutions.
Do you offer complimentary consultations?
Yes, we provide complimentary initial consultations to discuss your financial goals and determine how our planning services can help achieve them.
