Business Details
8 Years
experience
Your Trusted Partner for Financial Freedom Solutions
Redwood Financial Planning was founded in 2018 as a private wealth management and financial planning firm headquartered in Scotch Plains, NJ. Our mission centers on helping clients create, manage, and protect their wealth through comprehensive financial planning and portfolio management. We serve successful professionals, corporate executives, business owners, entrepreneurs, and families with substantial assets, prioritizing long-term relationships and personalized solutions. As an independent firm, we are not obligated to specific investment or insurance strategies, allowing us to tailor solutions that align precisely with client needs. Our team combines decades of experience with a hands-on approach, emphasizing transparency, education, and client empowerment. We specialize in cash flow management, retirement planning, tax strategies, estate planning, and risk management, ensuring clients navigate financial decisions with confidence.Our commitment extends beyond transactionswe aim to be a lifelong partner in achieving financial freedom. With a focus on low-cost investments and active portfolio management, we simplify complex financial landscapes while maintaining cost efficiency. Our leadership includes Certified Financial Planners with extensive industry recognition, including awards and affiliations with professional organizations. By integrating cutting-edge technology, we provide clients with clear visibility into their financial accounts and decision-making impacts. This structured, client-first philosophy underpins every aspect of our practice.
Services
Financial Planning
Asset Management
Wealth Management
Risk Management
Corporate Retirement Plans
Employee Benefits
Details
- Year established: 2018
Highlights and features
- We offer 20+ years of combined experience in wealth management and financial planning.
- Our team holds elite industry certifications including CFP, CIMA, and EA designations.
- We provide independent, unbiased advice with no proprietary investment obligations.
- Our hands-on approach combines portfolio diversification with active risk management.
- We integrate advanced financial technology for transparent, data-driven decision-making.
Associations and certifications
- Certified Financial Planner (CFP)
- Certified Investment Manager Analyst (CIMA)
- Enrolled Agent (EA)
Services
Financial Planning
We create comprehensive financial plans addressing cash flow, retirement, tax strategies, and estate planning. Our process helps clients make informed decisions aligned with their goals. By combining personalized analysis with long-term monitoring, we ensure plans evolve with changing life circumstances.
Asset Management
Our asset management uses low-cost investments and diversified portfolios tailored to client objectives. We implement active management strategies to optimize returns while maintaining risk control. Regular portfolio reviews ensure alignment with evolving financial goals and market conditions.
Risk Management
We help clients protect assets through insurance analysis and risk mitigation strategies. Our approach addresses market volatility, disability risks, and unexpected life events. By integrating protection strategies with overall financial plans, we safeguard client wealth across generations.
Corporate Retirement Plans
We assist business owners in designing and implementing retirement plans that maximize employee benefits and tax advantages. Our solutions include 401(k) plans and customized strategies to attract talent while optimizing business owners' retirement savings.
Employee Benefits
We help employers evaluate and implement competitive benefit programs that meet workforce needs. Our services include health insurance analysis and supplemental benefit planning to enhance employee satisfaction while maintaining cost-effectiveness for businesses.
People
Jared Friedman
Co-Founder
Jared Friedman co-founded Redwood Financial Planning with a focus on comprehensive wealth management. He leads client relationships and strategic planning, leveraging industry expertise to deliver personalized financial solutions for high-net-worth individuals and businesses.
Michael McLane
Co-Founder
Michael McLane, CFP and CIMA, brings 20+ years of financial planning experience. As former Director of Financial Planning at Penn Mutual, he developed award-winning advisors and created tax-efficient strategies for high-net-worth clients across the Tri-State area.
Questions
What services does Redwood Financial Planning offer?
We provide financial planning, asset management, wealth management, risk management, corporate retirement plans, and employee benefits solutions tailored to individual and business client needs.
How does Redwood Financial Planning differ from other firms?
As an independent firm, we offer unbiased advice without proprietary product obligations, combining low-cost investments with personalized strategies and advanced financial technology.
What is the minimum asset requirement for clients?
While many clients have investable assets exceeding $500,000, we work with individuals at every asset level to develop appropriate financial solutions.
How do you approach financial planning?
Our four-step process includes discovery of client goals, plan development, strategy implementation, and ongoing monitoring to adapt to life changes.
What areas do you serve?
Headquartered in Scotch Plains, NJ, we serve clients throughout the Tri-State area, including New Jersey, New York, and Pennsylvania.
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