About Pace Financial Services

Pace Financial Services has been providing financial advice and services to individuals, families, and business for over 10 years. These services include tax planning, estate and retirement planning, and investment advisory services.

Depending on the needs and wishes of the client, the services we provide may be comprehensive in nature, looking at all the areas of a family or individual's personal finances, or they may involve working in one or more specific financial areas. However, regardless of the extent of our services, we always provide services in a personal way, taking into account each client's unique personal and financial circumstances.

About David Alan Pace, CFP, CFA, EA

According to financial research firm Dalbar, over 600,000 individuals in the United States call themselves financial planners. However, unlike other professions, there is no governing body to regulate these individuals, so their financial experience, education, and background can and do vary significantly. As a result, many of these "planners" (including those who present themselves as "comprehensive" planners) are actually commissioned investment or insurance brokers with little experience or knowledge in many financial areas as well as the financial planning process.

At Pace Financial Services, we pride ourselves on our dedication to learning. With over 10 years of experience in the financial services industry, including investment and retirement planning and the design and creation of personalized financial strategies, the chief planner at Pace Financial Services, David Alan Pace, CFP, CFA, EA, provides a comprehensive and thorough approach to each client's individual personal and financial situation.

His experience in the financial services industry includes working with hundreds of individuals and families in designing strategies to meet their unique, individual goals. His educational background includes a BA in Economics from Indiana University, as well as the continuing education resulting from his various professional licenses and certification requirements.

Certified Financial Planner Licensee

Since 1996, Mr. Pace has been licensed as a certified financial planner licensee. More than 40,000 individuals have taken the extra step to demonstrate their professionalism by submitting to the rigorous CFP certification process. Besides extensive education and experience requirements, a CFP is required to pass a comprehensive two-day financial planning exam and must meet ongoing continuing education standards. For more information about the training and education requirements of a Certified Financial Planner Licensee you can look at our Certified Financial Planner Licensee page or you can go the Certified Financial Planner Board of standards. Mr. Pace is also currently licensed as an enrolled agent, eligible to represent taxpayers, small businesses, and other organizations before the Internal Revenue Service.

Compensation Structure

Pace Financial Services is a fee-only business. We accept no commissions from outside sources and are compensated only by fees paid directly from our clients.

Various financial planners are compensated in different ways. These methods of compensation include commission only, commissions + fees (sometimes called "fee-based"), and fee-only. At Pace Financial we are compensated solely from fees paid by clients. When working with a client, we normally charge either "project" or hourly fees or quarterly or annual fees for ongoing services or management. We believe this allows us to be more objective in our recommendations because any product or service we recommend will not bring us additional monetary compensation. In this way we feel we can offer the most objective evaluation of each client's financial situation and recommend a course of action based solely on the client's best interest.

For more information about fee-only planning look at our Fee-only page

We are committed to providing quality services and value for our clients. It is our goal for each client to succeed in reaching his or her financial objectives. It is primarily because of this goal that we stress education and competence and have a compensation format that we feel lessens potential conflicts of interests.

In addition, by providing personal, individual financial strategies for families and individuals and adhering to ethical planning relationships, we strive to be a financial partner that will enable each client to reach their their financial goals.