We manage assets for individuals and families, providing investment management, and financial planning services.

Our Services

 

Retirement Planning

Long before retirement even hits our radars, we’re planning what type of education, skills training and professional designations we’ll acquire. We also spend a lot of time planning which industries are the best place to work in, and which employers to work for. Once employed, we carefully...
 

Estate Planning

For some people, financial planning is mainly concerned with how best to go about building a nest egg, and how to make it last through retirement. But for many, there is a desire to ensure their estate delivers benefits beyond their own retirement, and produces a lasting legacy even after they have...
 

Financial Planning

Many individuals confuse financial planning with general savings and investing advice. While how to save (and how much!), and where and when to invest those savings, is every bit important, prudent Financial Planning goes much beyond the realm of just saving and investing. The sooner you understand...

Your Advisor

Richard Staves CPA, PFS, CRPC®, AIF®

Richard Staves is an experienced tax and financial planner and is currently the Managing Member of Cherry Creek Wealth Management, Inc.  Richard assists high net worth clients, retirement plans and business clients in the areas of retirement planning, tax and estate planning, wealth management, employee benefits, Social Security optimization, insurance and investment portfolio management.  He has 30 years of experience representing clients before the IRS and state tax agencies in audits, Appeals and Collection Due Process Hearings and has assisted in several Tax Court cases.

Richard began his career with Arthur Andersen & Co. in 1975 and later started his own accounting practice in 1980.  In 1998, Richard converted his CPA practice to a financial services firm and later merged that practice with Wells Fargo.  He is a former Vice President and Senior Wealth Advisor with the Wells Fargo Wealth Management Group.

His professional licenses include:

  • Certified Public Accountant (CPA)
  • Personal Financial Specialist (PFS)- American Institute of Certified Public Accounts (AICPA)
  • Charted Retirement Planning Counselor (CRPC®)- College for Financial Planning
  • Accredited Investment Fiduciary (AIF)
  • Colorado Life, Health, Fire and Casualty insurance licenses

Richard is a member and active participant in the American Institute of Certified Public Accountants (AICPA) and the Colorado CPA Society.  He is a former member and volunteer with the University of Denver Low Income Tax Clinic representing Clinic clients before the IRS and Colorado Department of Revenue.  Richard is an avid fly fisherman, plays golf poorly and travels whenever possible.

Blogs

How much do you need to retire wealthy? Believe it or not, there’s no set number for anyone. Lifestyle and the quality of your retirement plan are certainly two big factors. But when considering the economy and inflation, a definitive picture of our financial future can feel somewhat elusive. So, to shed a little light (and provide a little guidance), here are a few telltale signs you might be set up for a “comfortable” post-work lifestyle.
Spring isn’t just about budding plants, changing the clocks, or paying your tax bill. It can be the perfect time to refresh financial tasks and dust off your long-term goals. As we begin a new season of financial “spring cleaning,” here are 4 (commonly made) mistakes you can prevent this year: Mistake #1: Budgeting for 2023––Not 2024 A great first step to revitalizing your budget is a moment of reflection on this year’s goals. Think...