CFP®, RICP®, EA
Otium Advisory Group
My name is John C Pak, a Certified Financial Planner™ and founder of Otium Advisory Group. My mission is to share my unique, yet simple brand of financial minimalism with busy professionals who do not have the time to eat a proper lunch, let alone plan out their financial future. I will help you create simple solutions that are devoid of complications and complexities, filtering out unncessary noise.
Aside from my life-long devotion to personal finance, my other passion point is teaching. You can find me presenting retirement courses at CSU OLLI one day to conducting pro-bono workshops at a Los Angeles Public library the next day. I believe…
1) If you are open to the idea of prioritizing, organizing, and purging, you will save time and money.
2) If you change the way you see things, you will change the way you do things.
3) If you find someone to go along with you on your financial journey, you will have more success.
4) If you believe that taking action is better than creating the perfect plan, you are two steps closer to reaching your goals.
Curious to find out how I incorporate ‘Financial Minimalism’ into your plan? Take advantage of the complimentary consultation.
I look forward to sharing my vision of how we can get you to the finish line.
John Pak's fiduciary obligation is governed by:
“OTIUM” is Latin for leisure, spare time, holiday, or ease. This special stage allows you to do the things you want to do, not need to do - more time with family, traveling, or life passions. It is our goal to get you to there.
Looking back at 18 years of being in the financial advisory industry, the takeaway from my corporate experience working for banks, brokerage shops and wire-houses is this: Customers who need the most financial assistance do not receive the attention and guidance they deserve. Truth is, most Americans do not have an established investment portfolio, let alone a portfolio that meets the industry’s minimum asset balance threshold. The majority need help with cash flow management, debt management, and retirement planning, but these same customers end up encountering financial advisors who are in the business of managing existing wealth. Try getting the attention of a high quality financial advisor when you have nothing to invest.
Another observation – financial planning may lead to the recommendation of an investment or an insurance product, but attempting to lead with the products as a panacea for all problems or a one size fits all solution is a very common industry practice that I was not comfortable engaging in.
That’s why I started this firm. The majority need practical solutions and not all solutions require you to be wealthy right off the bat.
Learn Why Fiduciary Matters When Choosing a Financial Advisor:
- Financial Planning
- Retirement Planning
- Investment Management
- Business Planning
- Estate Services
- Education Planning
- Retirees and Near Retirees
- Young Families
- Entrepreneurs & Business Owners
- Medical Professionals
- Sudden Money Situations
- In-Office Meetings
- Virtual Meetings
- No-Cost Initial Consultation
- Hourly Fee
- Monthly Retainer
- % of Assets Under Management
Professional Designations & Affiliations
John Pak is CERTIFIED FINANCIAL PLANNER™ Professional - Click for Verification
CFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
John Pak is a Retirement Income Certified Professional® (RICP®)
A professional designation for experienced financial advisors and investment managers who have passed coursework to become experts in retirement income planning. A Retirement Income Certified Professional® helps retirees and near-retirees develop and implement a plan for managing the financial assets they have accumulated for retirement and a set realistic budget to help meet life goals.
John Pak is an Enrolled Agent with the IRS (Learn More)
An enrolled agent is a federally authorized tax practitioner empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service. Enrolled agent status is the highest credential awarded by the IRS.
John Pak is a NAPFA-Registered Financial Advisor
The National Association of Personal Financial Advisors (NAPFA) is the country’s leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
John Pak is a Member of the XY Planning Network
The XY Planning Network is the leading organization of fee-only financial advisors who are focused on working with Generation X and Generation Y clients. Our mission is to connect consumers with best-in-class financial advisors who specialize in working with clients just like you.
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