Nicholas J. Toman, CFP®: Retirement Planner and Investment Advisor
Nick is an experienced Retirement Planner and Investment Advisor Representative with Empowered Financial Management. He works directly with retirees and pre-retirees to design individualized 6 Pillar retirement plans through the Empowered Solution. He works specifically with those who aspire to achieve financial independence and a work-optional lifestyle.
Nick has been working in the financial services industry for over 26 years. After witnessing many friends and family negatively impacted by the recession of 2008-09, Nick decided to focus his career efforts on helping families better understand and strategically plan for retirement. He witnessed many close friends and family not have a strong financial plan in place during this recession, and ultimately they lost their financial freedom and desired retirement that they worked extremely hard for over several decades.
Nick is most proud to be a Series 65 licensed fiduciary because it lines up directly with his personal values and ethics. As a fiduciary, Nick is required to act in a client’s best interests. When seeking an advisor, this designation is vital to ensure you are not allured by advisors operating under suitability standards, meaning they are not required to put your best interest first.
Nick grew up in Milwaukee but has been a Madisonian for the past 22 years. Nick received his accounting degree from UW-Whitewater in 1991 and obtained his Certified Financial Planner (CFP) designation in 2013.
Nick and his wife Christine have been married for 24 years and have two outstanding kids. Jake, their oldest son, attends Loras College and plays basketball at the university. Sydney, their younger daughter, is a sophomore at Verona Area High School and plays basketball and softball. Nick loves to support his kids in their athletics and has even coached a variety of youth sports over the past 15 years, including youth basketball (boys & girls), youth football, Little League baseball (West Madison Little League), AAU basketball, & girls fastpitch softball. In his free time, Nick enjoys playing golf and watching the Brewers.