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Eric Simonds CFP®

We Grow Together™ http://saltwaterharbor.com

Saltwater Harbor Financial LLC

Brunswick

ME

Contact Me

Overview

Services

Advisor Services

  • Financial Planning
    • -Estate Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -College Planning
    • -Charitable Planning
    • -Other Financial Planning
    • -Tax Planning
  • Portfolio Management
    • -Individuals and/or Small Businesses
    • -Investment Companies
    • -Businesses or Institutional Clients
    • -Other Portfolio Management

Funds

Funds Used With Clients

Fund Assets in Fund
Fidelity Select Health Care Portfolio <$1M
Vanguard STAR Fund <$1M
T Rowe Price GNMA Fund <$1M
Vanguard Dividend Growth Fund <$1M
State Street Equity 500 Index Fund <$1M
T Rowe Price Equity Index 500 Fund <$1M
Dreyfus Midcap Index Fund, Inc <$1M
Vanguard Balanced Index Fund <$1M
SPDR S&P 500 ETF Trust <$1M
Vanguard Short-Term Investment-Grade Fund <$1M
Vanguard Long-Term Treasury Fund <$1M
Vanguard Long-Term Investment-Grade Fund <$1M
Vanguard Tax-Managed Balanced Fund <$1M
Vanguard LifeStrategy Income Fund <$1M
Vanguard LifeStrategy Growth Fund <$1M
T Rowe Price Corporate Income Fund, Inc <$1M
T Rowe Price Health Sciences Fund, Inc <$1M
Schwab Small-Cap Index Fund <$1M
Vanguard Selected Value Fund <$1M
Schwab Core Equity Fund <$1M
ClearBridge All Cap Value Fund <$1M
T Rowe Price Financial Services Fund, Inc <$1M
Schwab Balanced Fund <$1M
American Century Balanced Fund <$1M
Dreyfus Smallcap Stock Index Fund <$1M
Vanguard Utilities Index Fund <$1M
Vanguard Tax-Managed Small-Cap Fund <$1M
Schwab Financial Services Fund <$1M
Schwab Health Care Fund <$1M
T Rowe Price Real Estate Fund, Inc <$1M
T Rowe Price US Bond Enhanced Index Fund, Inc <$1M
Vanguard Value Index Fund <$1M
Vanguard GNMA Fund $1M-$10M
Vanguard Wellesley Income Fund <$1M
Vanguard Energy Fund <$1M
Vanguard Health Care Fund <$1M
Vanguard High-Yield Corporate Fund <$1M
T Rowe Price Global Stock Fund <$1M
Vanguard Growth Index Fund <$1M
Vanguard Consumer Staples Index Fund <$1M
Vanguard Financials Index Fund <$1M
Vanguard Health Care Index Fund <$1M
Vanguard Target Retirement 2025 Fund <$1M
Vanguard Target Retirement 2045 Fund <$1M
Vanguard High Dividend Yield Index Fund <$1M
Vanguard REIT Index Fund <$1M
T Rowe Price Retirement 2050 Fund <$1M
Vanguard Inflation-Protected Securities Fund <$1M
Vanguard Strategic Small-Cap Equity Fund <$1M
T Rowe Price Retirement 2055 Fund <$1M
Vanguard Mega Cap Growth Index Fund <$1M
PIMCO Total Return Fund <$1M
Vanguard Long-Term Corporate Bond Index Fund <$1M
Vanguard Mortgage-Backed Securities Index Fund <$1M
Vanguard Total Bond Market Index Fund <$1M
ClearBridge Aggressive Growth Fund <$1M
Vanguard 500 Index Fund $1M-$10M
Vanguard Extended Market Index Fund <$1M
Vanguard Mid-Cap Index Fund <$1M
Vanguard FTSE All-World ex-US Small-Cap Index Fund <$1M
Vanguard Long-Term Bond Index Fund <$1M
Vanguard Mid-Cap Value Index Fund <$1M
Vanguard Mid-Cap Growth Index Fund <$1M
Vanguard Small-Cap Growth Index Fund <$1M
Vanguard Small-Cap Value Index Fund <$1M
Janus Research Fund <$1M
Calvert US Large Cap Core Responsible Index Fund <$1M
Vanguard Short-Term Corporate Bond Index Fund <$1M
Vanguard Total International Stock Index Fund <$1M
Franklin Growth Fund <$1M
Franklin Income Fund <$1M
Franklin Total Return Fund <$1M
Franklin Rising Dividends Fund <$1M
Franklin Strategic Income Fund <$1M
Templeton Growth Fund, Inc <$1M
Templeton Global Bond Fund <$1M
Franklin Mutual Global Discovery Fund <$1M
Merger Fund <$1M
Janus Twenty Fund <$1M
iShares Edge MSCI Min Vol EAFE ETF <$1M
T Rowe Price Retirement 2060 Fund <$1M
American Funds Investment Company of America <$1M
American Funds Bond Fund of America <$1M
American Funds Capital Income Builder <$1M
American Funds Capital World Growth & Income Fund <$1M
T Rowe Price International Concentrated Equity Fund <$1M
Franklin Biotechnology Discovery Fund <$1M
Vanguard Small-Cap Index Fund <$1M
Vanguard Target Retirement 2060 Fund <$1M
Vanguard Total Stock Market Index Fund <$1M
Vanguard Target Retirement 2050 Fund <$1M
Vanguard Target Retirement 2030 Fund <$1M
Vanguard Target Retirement 2040 Fund <$1M

    Firm Client types

    Qualifications

    Experience

    No timeline events available.
    Employer Years Dates
    Saltwater Harbor Financial LLC 5 years, 4 months Jul 2012 - Present
    State of Maine 12 years, 11 months May 1999 - Apr 2012

    Designations & Memberships

    • Financial Planning Association
      Membership
      Financial Planning Association
      The Financial Planning Association (FPA®) is the largest membership organization for personal financial planning experts in the U.S. and includes professionals from all backgrounds and business models. We help connect thousands of consumers to competent and ethical planners who uphold the FPA Standard of Care.
    • National Association of Personal Financial Advisors
      Membership
      National Association of Personal Financial Advisors
      NAPFA, the National Association of Personal Financial Advisors, is the nation’s leading organization dedicated to the advancement of Fee-Only comprehensive financial planning. Consumers and the media look to NAPFA for access to financial advisors who meet the highest standards for professional competency, comprehensive financial planning and Fee-Only compensation.
    • Certified Financial Planner
      Designation
      Certified Financial Planner
      A standard certification for advisors, designees are exposed to nearly 100 topics on integrated financial planning. Major topics include, but not limited to: insurance, employee benefits, securities, state and federal tax, estate tax and planning, asset protection, etc.

    Articles and Answers

    Insights by Eric Simonds

      *Articles are published by advisors without compensation.

      Answers

      Ask a financial questionAsk a question
      Is there a way I can check a company I worked for and see if there is a 401K account started with this company!
      I would start by asking human resources or the person who hired you. If you do not have a 401k and would like to save for retirement I would suggest using the Bright Scope search feature and possibly searching for an advisor with no minimum (as I am guessing that you are starting to build your nest...  (more)
      Answered Jun 2015
      How do i know my account is there its been 15 years?
      Contact a Certified Financial Planner™ in your area and they will help you figure out the status of any accounts to which you are legally entitled. One of the options on Bright Scope is to enter in "no account minimum" as a search criteria and that way you will find someone willing to help you even...  (more)
      Answered Jun 2015
      What is a 401E?
      401E is a Promotional Program that is being run by a private company named "401(e)". They are an ENERGY STAR partner who is helping Grand Forks area homeowners make their homes more comfortable while achieving significant energy savings. The appear to be playing on the concept that like a 401(k) the...  (more)
      Answered Jul 2015
      How does a Certified Financial Planner (CFP) compare with a Chartered Financial Analyst (CFA)?
      Those before me have done a great job drawing the line between the two... the only thing that I think I can add to the discussion is that the CFP® Board does provide a clearer path for recourse if a client is dissatisfied. They are very responsive to the American investing public where as simply by...  (more)
      Answered Jun 2015
      Should I invest in gold?
      In my professional Opinion, I like investments that pay dividends and gold is not one of them. Each their own but the only gold my clients have is cufflinks and wedding rings. ...  (more)
      Answered Jul 2015
      Hi my name is Jason Tully I'm trying to find out how much I have in my 401k plan?
      You may also consult one of the advisors on Bright Scope. The search feature should allow you to find someone local and who will provide you with a free consultation. Good Luck, Eric Simonds CFP®...  (more)
      Answered Jun 2015
      How can an financial advisor help me with college planning or a 529 plan?
      Probably the best 529 plan is Maine's which provides $500 for every baby born in Maine and $200 for every maine resident resident regardless of age or birthplace... More details here... http://saltwaterharbor.com...  (more)
      Answered Jul 2015
      If I were to purchased a 55+ home as a secondary home, would the first time home Buyer Credit apply?
      Edwin, Some states, like Maine, have first time homebuyer grants (Maine's gives $3,500). You may want to look into whether or not Florida has such a program. Even though you own a house, if you spouse does not appear on the deed or it has been 5-years since either of you has last owned a house yo...  (more)
      Answered Jul 2015
        *Answers are submitted by advisors without compensation.

        Licenses & Conducts

        SEC
        U.S. Securities and Exchange Commission
        • license status
          Registered
        • disclosures
          None
        • as of date
          Jun 12, 2015
        FINRA
        FINRA
        • license status
          Not registered
        • disclosures
          None
        • as of date
          N/A
        Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

        Assets

        Advisor

        Last updated on Nov. 10, 2016
          • $5.8M
            Total Assets Under Management
          • $0
            Total Assets Under Advisement
          • 95
            number of clients
          • $61.1K
            Estimated Average Account Balance Per Client

        Saltwater Harbor Financial LLC

        Last updated on Aug. 29, 2017
          • $14.0M
            Total Assets Under Management
          • N/A
            Total Assets Under Advisement
          • 98
            Accounts
          • $142.9K
            Estimated Average Account Balance

        Fees

        Fee Only Advisor
        $
        This advisor has certified that they are compensated soley by their clients, and do not accept commisions or compensation of any kind based on the products they recommend.

        Types of Compensation Arrangements