Kim Luthy

Kim Luthy

Contact Information
Fax: (908) 264-1072
Website:
Address:
161 Madison Avenue, Suite 200, Morristown, New Jersey, United States 07960
Description:

The importance of “walking the walk” and “talking the talk” has never been more true than when it comes to hiring someone who understands financial planning. Certified Financial Planner™ Kim Luthy brings a wealth of first-hand family financial planning experience to her clients–from adoption to divorce to long-term care costs–giving her an unmatched ability to relate to whatever they are going through.

Kim says she is a “walking testimonial to all the situations that can potentially derail your life.” In all cases, she stresses the importance of planning.

Her parents divorced when she was a teenager, and there were limited resources for the family. She helped care for her siblings, and says that the whole family worked together to support the household.

Financial independence became her driving motivation, and she moved out at 17 and worked three jobs to put herself through college.

She adopted her cousin’s daughter, and then married and gave birth to two sons.

A complicated first pregnancy increased her understanding about the importance of financial planning; she was able to support her family for 2 ½ years because she activated a disability policy 12 years earlier on herself.

“Were it not for the policy I funded for more than 12 years prior, I would not have been able to fulfill my promises to my family,” she said.

Then came her dad’s early-onset Altzheimer’s Disease, and his decision not to invest in a long-term care plan or even estate planning.  He spent $17,000 “of his hard-earned assets” each month to cover the cost of essential care, until he died seven years after the diagnosis. This nearly depleted his savings.

Her Mantra:  Planning for retirement, college, health care expenses and more can help alleviate worry and give you peace of mind.

The Details

  • Bachelor of Science in Management from Lebanon Valley College in Annville, Pennsylvania

  • Earned Certified Financial Planner designation (CFP®) which illustrates her completion of the rigorous experience and ethical requirements of the CFP® Board

  • Earned the professional designation of Certified Fund Specialist (CFS), Certified in Long Term Care (CLTC), and is a registered representative holding her life, accident, health and long-term care insurance licenses in multiple states

  • Earned Certified Divorce Financial Analyst® designation (CDFA,) enabling her to provide financial information for divorcing couples so they can avoid common financial pitfalls of divorce and understand the pros and cons of different settlements

  • She teaches pre-retirement and retirement planning courses through the Financial Education Network at local colleges, schools and libraries

  • Speaking engagement topics include Shift Happens, Core Values, Retirement Strategies and more

  • Featured radio speaker on topics of avoiding holiday overspending, women & finances, and long-term care issues

  • Kim resides in Randolph. She has three children, Taylor, Zachary, and Aidan. She is most energized by connecting with people and giving back

Kim empowers clients to plan for challenges. She was an independent advisor with Allied Wealth Partners for over 30 years, and is now the director of wealth planning with Synthesis Wealth Planning.

Helping clients to plan for these and other events is the blessing for me. I am grateful to be part of their journey., she says.

When she is not working, Kim enjoys spending time at her lake house, where she golfs, kayaks, and engages in “firepit therapy.”


Associations & Awards

  • Associate of the Year, Presidents Club, and Total New Sales Leader for June 2015- 2016; June 2016- 2017 & June 2018-2019, Allied Wealth Partners

  • Boy Scouts of America “Tribute to Women” Award

  • 2020 Top 25 Leading Women Entrepreneur Award

  • Leading Women Entrepreneur Award, two-time finalist

  • Member, Million Dollar Round Table, Life & Qualifying Member, “Court of the Table” level

  • Member, FPA Financial Planning

  • Founder and facilitator of The Vision Network, a group designed to inspire growth and change

  • Morris County Chamber of Commerce–Women in Business group, steering committee board.

  • Member, Financial Education Network.

  • Founding Member and active speaker, Women Rising–professional C-suite women committed to having positive world impact while they grow their business.

  • Board member, Foster and Adoptive Family Services Foundation

  • Member, Institute for Divorce Financial Analyst (IDFA)

  • New Jersey Collaborative Law Group: executive board member, marketing committee member

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