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Financial Advisor in Washington, D.C. Only Works With Millennials
Fee-only financial expert Kevin Mahoney, CFP® offers virtual meetings to help with student loans, buying a house, & investment strategies
When Millennial financial expert Kevin Mahoney, CFP® and his wife were expecting their first child a few years ago, many of their initial baby conversations revolved around personal finance. The time-consuming research that these financial decisions demanded made him wonder how stressed other couples his age must feel.
As a financial advisor in Washington, D.C., Kevin realized he had an opportunity to help his peers navigate the new financial decisions that arise during our late 20s and 30s. But in order for financial planning to actually work for Millennials, Kevin knew the traditional financial advice model needed to change. In response, he committed to being:
- A CFP professional (the highest standard in the industry)
- A fiduciary (always acting in the client’s best interest)
- Fee only (not selling products or accepting commissions)
- Open to all young adults (no minimum wealth or income)
- Available for meetings over video chat and in the evenings
These factors ultimately led Kevin to launch Illumint, which offers fee-only, virtual financial planning specifically to the millennial generation. The company is located in the Shaw neighborhood of Washington, D.C.
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In fact, Kevin’s specific focus on student loans, how to buy a house, and investment strategies has enabled him to share his unique perspective with several media outlets, including CNBC, The Huffington Post, Lifehacker, Fatherly, MarketWatch, and Kiplinger.
Kevin is a proud member of the CFP Board, XY Planning Network (XYPN), Fee Only Network, The National Association of Personal Financial Advisors (NAPFA), and the Financial Planning Association (FPA).
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Millennials in Washington, D.C. can engage with Kevin through various channels, including:
Kevin now has two young kids and continues to hold virtual meetings (via video chat) at off-hours so that these financial conversations can wait until after work deadlines, date nights, and bath time.
