Our Qualifications

Richard L Bebo ChFC, CLU, President and founder of RL Bebo Financial Services has many years of experience as a financial advisor. Richard founded RL Bebo Financial Services in 1981. Striving to represent the finest financial institutions in the United States, both within the Investment and Insurance arena, the company has grown to become one of the leading businesses providing financial services in Utah.

“Rick” is an educated and experienced professional who is committed to the financial well being of your family, your business and yourself. He has earned the designation of Chartered Financial Consultant (ChFC), which is held by fewer than 7% of advisors in America today. According to the Financial Times, this title is one of the most well regarded designations in America. Rick also holds the CLU designation (Chartered Life Underwriter). This designation is to insurance what the CPA designation is to accounting. Rick can aid you in almost every aspect of your financial situation, from Investment solutions, Insurance planning, Cash Flow management, Business Succession, to Retirement and Estate planning.

Designations

ChFC - Chartered Financial Consultant – The American College 1984
CLU - Chartered Life Underwriter – The American College 1985
IAR - Investment AdvisoryRepresentative - Royal Alliance
 

Series 7
Series 63
Series 65

What is a Chartered Financial Consultant (ChFC)
and Chartered Life Underwriter (CLU)?

ChFC, CLU designation holder is a financial professional who meets the requirements established by The American College of Bryn Mawr, Pennsylvania. The Chartered Life Underwriter designation is one of the oldest in the financial services industry; it was founded in 1927.

What are the requirements to obtain a ChFC and CLU?

• In order to obtain the ChFC designation you must take and pass 9 college level courses and for the CLU designation 8 college level courses, for a total of 17 college-level courses focusing on...
  
  • Financial Planning
  • Income Taxation
  • Planning for Retirement Needs
  • Investments
  • Estate Planning
  • Planning for Business Owners and Professionals
  • Executive Compensation
  • Insurance Planning
  • Life Insurance Law
  • Individual and Group Health Insurance  
• Pass a professional fitness standards and background check
• Have a minimum 3 years experience in the financial service industry

Once appointed, a ChFC, CLU must meet continuing education requirements in order to maintain their certification.

What does a ChFC, CLU do?

Practitioners with the ChFC, CLU designation are trained to develop and implement comprehensive financial plans utilizing a variety of financial and insurance solutions for individuals, business, and organizations.

With a ChFC, CLU you are working with someone who has demonstrated expertise in multiple areas of financial planning, including income and estate tax, investment planning, risk management, and retirement planning.

How can a, ChFC, CLU help you?

By analyzing your overall financial picture, a ChFC, CLU will help you create a personal cash flow plan, develop and implement plans for your retirement,  children's education,  wealth protection and philanthropy.  He can also assist you with your tax planning or manage your asset portfolio based on your goals and risk tolerance.
ChFC, CLU's also offer expertise in risk management, including strategies involving life, disability, long-term care and health insurance.

Specifically, Rick Bebo, ChFC, CLU can help you:

• Establish financial and personal goals and create a plan to achieve them
• Evaluate your financial well-being with a thorough analysis of your assets, liabilities, income, taxes, investments, and insurance
• Identify areas of concern and help you address them by developing and implementing a strategic financial plan that emphasizes your personal and financial strengths while reducing your financial weaknesses
• Develop and implement an estate plan to conserve your existing assets and enhance the value of the estate you leave to your heirs
• Create a business plan aimed at protecting your business assets from risks and liabilities while ensuring their efficient transfer at your death.

How is RL Bebo Financial Services Compensated?

Typically, our financial professionals earn their living either from charging hourly or flat rates for their services. We also use a combination fee-and-commission structure: you pay a fee for the development of a financial plan or for other consulting services we provide. We  also receive commissions from certain products we may use in your plan implementation. A commission is a fee paid to us, when someone buys or sells a stock, bond, CD or other investment. It also is paid when someone buys insurance (such as long-term care, disability, life, or health insurance) or annuities. We do not charge for the initial consultation.

Is a ChFC, CLU right for you?

The financial world has become a very complex place. Even if you are experienced in handling your own financial affairs, the time may be right to consult Rick Bebo, ChFC, CLU. He can review your financial health and offer suggestions that may help you protect your assets and reach your financial goals.

For example, are you familiar with all the different investment opportunities and insurance products available to you? Are you on track to meet your financial goals such as protecting your assets against risks, long term illness or disability, securing enough income for a comfortable retirement, or saving for your child’s college education?

RL Bebo Financial Services can offer the analysis you need to answer these questions and other important financial concerns pertinent to you and your family.