Your money. Your life.
Wealth management services with a personal relationship.
Planning and One-on-One Meetings
Experienced planning centered around life events and communicated clearly one-on-one.
Disciplined research, customized models and consistent rebalancing are the foundation of our portfolio management expertise.
Retirement Income Solutions
How much money can you withdraw from your portfolio monthly and never run out of money?
Establishing a clients risk tolerance drives our portfolio model management.
Vickerman & Driscoll developed the ultimate proprietary retirement income calculator. Adjust the green bar to the value of your total investment portfolio and watch the MyBucketSystemTM calculate your retirement income on a monthly basis.
Projected 2% Return
Projected 5% Return
Projected 6.5% Return
Projected 8.5% Return
Year 16 Balance
Why Vickerman & Driscoll?
We are a niche wealth management company serving high net-worth individuals. We develop a relationship centered on honesty and integrity. This allows for open communication to deliver exceptional planning results. We customize your investment portfolio based on your current portfolio value, saving targets, risk evaluation and your retirement income goals. And finally, we believe in responsive, personal service to navigate the daily challenges of making informed wealth management decisions.
We look forward to partnering with You!
An investment strategy that focuses on building portfolios to provide a monthly income in retirement.
We favor a balance of equity and fixed income investments based on your custom risk evaluation. We assist you in preserving, growing and managing your wealth through adequate diversification among the different asset classes, proactive allocation of sector weightings and a disciplined approach to rebalancing to harvest investment profits. In retirement, we provide a on going plan to provide you with monthly income using the "My Bucket SystemTM" developed by Vickerman & Driscoll.
We absolutely love what we do and believe our devotion to our work is reflected in each and everyone of our clients.
Mike J. Vickerman, Jr.
Co-Founder, Visionary, Entrepreneur, Expert Planner & Adviser, Father & Friend to those who know him well.
Kevin A. Driscoll
Principal, CIO, CCO
Extensive business and personal financial experience. Ethical, client service focus.
Wealth Management Consultant
Brings deep commitment, ethics, and professionalism to his role as Wealth Management Consultant, Portfolio Manager, and Certified Financial Planner®
Amy Jo Van Lierop
Client Relationship Manager
It is a great moment when a client breathes a sigh of relief, that feeling of peace and control, the sense that everything is coming together.
Client Service Associate
Excited to be part of a team, dedicated to meeting & exceeding our clients financial investment needs.
Get in Touch
Important Note: The MyBucketSystem is designed as an aid for helping estimate the retirement income that an investment portfolio may provide.
The following methodology was used to design the returns for MyBucketSystem:
The goal of the MyBucketSystem was to set a target of withdrawing less than 5% from the portfolio on a yearly basis. Certified Financial Planning studies have shown that if a client withdraws less than 5% of the portfolio during retirement they have a high probability of not running out of money. The MyBucketSystem withdrawal rate is 4.8%.
The Buckets are designed to have the following investments:
Bucket 1- Short-Term Bonds and Bills & Cash.
Bucket 2- Mid-Term Bonds.
Bucket 3- Long-Term Bonds & Preferred Stock.
Bucket 4- Stocks & Equities
The rates of returns for each bucket were selected based on the data listed below:
Bucket 1- Over the past 20 years, Short-Term Bonds and Bills have averaged 4.0% or more. We used 2% to be conservative.
Bucket 2- Over the past 20 years, Mid-Term Bonds have averaged 5.0% or more. We used 5%.
Bucket 3- Over the past 20 years, Long-Term Bonds have averaged 5.5% or more, but preferred stocks have averaged 7% or more. Therefore, we took a blended rate to come up with 6.5%.
Bucket 4- Stocks have averaged between 9.5%-10.5% since 1929 depending on the type of stocks(Large, Mid & Small). We wanted to be more conservative, so we used 8.5%. Our 8.5% includes the dividends from the stocks.
Planning and One-on-One Meetings
We specialize in helping the client understand all aspects of their planning so they understand why we constructed their portfolio. Our planning includes financial, tax, estate, purchases, financing and just about anything else that effects your wealth. We study your situation and then using our experience and knowledge customize it to your current situation. We then present and educate you on all aspects in one-on-one meetings to add that personal touch to our financial expertise. We have seen it all, so lets start working on your wealth planning together.
We customize each clients portfolio based on the amount of money invested in each account, their risk evaluation and if its a retirement account or a taxable account. Our equity models are formulated using in house research that seeks diversification among the S&P 500 sectors, International, Mid-Cap & Small-Cap. Individual stocks and ETFs make up our holdings. Our fixed income portfolios consist of individual bonds and bond mutual funds based on the size of each account. We use innovative technology to help manage our models to consistently rebalance the actual portfolio to the targeted model. This allows us to control risk and focus on the investment research.
Retirement Income Solutions
How much monthly income can you afford to take from your portfolio during retirement? This is the question all clients need answered before they retire so they can feel they are making the “right” decision. We have developed a retirement income calculator called the “My Bucket System™” that aids in developing a reasonable monthly withdrawal amount that will give you the highest probability of not running out of money during all your retirement years. Do you want to know how it works? Scroll down to the My Bucket System™ page and start setting your goals for retirement.
Evaluating your risk is one of the most important things we do. Many people understand their risk tolerance and most know what they own. However, they have no idea how their current portfolio compares to their ability to handle risk. Vickerman & Driscoll will assess your risk and then compare your portfolio to your evaluation. Clients have found this to be one of the best tools in our toolbox. Try it know!
Mike J. Vickerman, Jr.
President, Principal, CPA, community volunteer helping people and non-profit organizations manage money wisely and become debt-free.
Mike knows the responsibility that comes with his position, and he takes it on with passion and enthusiasm. "Your money, Your life" are not just idle words but represent the very core of how Vickerman & Driscoll approach their relationship with each of their treasured clients.
How Mike likes to spend his day:
What they're saying:
Just the facts:
A Spokane native, Mike holds a Bachelor's Degree in Accounting from the University of Southern California.
He started out as a CPA for Ernst & Young - where he served the firm's blue chip clients and handled a number of public stock offerings - then moved to Job Line Construction and Pacific West Securities. Mike co-founded that firm's Spokane office, which later became Vickerman & Driscoll.
Mike has three beautiful daughters and they love spending free time at the lake enjoying all water sports.
Kevin A. Driscoll Principal, CIO, CCO
Kevin is a Principal of the firm of Vickerman & Driscoll Financial Advisors, Inc. and registered with the SEC as an investment advisor. He is a licensed CPA with the State of Washington. His primary duties are chief investment officer, in charge of research and investment strategy, relationship manager, and compliance officer, with responsibility for the firm's policies and procedures to ensure compliance with securities laws and SEC and industry regulations.
Kevin has obtained extensive experience over the course of his career in business and personal financial matters. It all started at Gonzaga University where he earned a BBA degree in Accounting in 1982. He began his career as a CPA with the accounting firm LeMaster & Daniels. In 1985 he took a position as CFO (Chief Financial Officer) with Job Line Construction, Inc. where he worked for the next 11 years. In 1996, along with partner, Mike Vickerman, Jr., he founded the accounting firm of Vickerman & Driscoll Financial Services PLLC. At the same time he became a registered representative of Pacific West Securities and Pacific West Financial Consultants. In 2000, the partners formed their own RIA, Vickerman & Driscoll Financial Advisors, Inc. where he continues to serve.
His primary focus is to help clients identify their financial needs, develop a plan to meet their goals and objectives, and create investment strategies to fulfill their plan. Extraordinary client service, delivered with the highest ethical and professional standards is our mission.
On a personal level, Kevin and his wife Jackie have two wonderful children. He has served as Treasurer for non-profit organization, CASA Partners, dedicated to improving the lives of abused and at risk youth, for nearly two decades. Kevin and Jackie enjoy many of the outdoor resources their area has to offer.
Wayne Haas Wealth Management Consultant
Wayne joined Vickerman & Driscoll Financial Advisors in 2005. He is a Certified Financial Planner® practitioner, and serves as both Portfolio Manager and Wealth Management Consultant for the firm. He is also a Principal for Vickerman & Driscoll Insurance Solutions, Inc.
Wayne made his way to Spokane after receiving a BA in Business Administration from Concordia College and an Associate Degree in Biblical Studies from the Lutheran Bible Institute.
He made a stop a Thrivent Financial, where he spent 11 years doing what he does for us - addressing both insurance and investment needs for his clients.
Wayne and his wife Tami have three children and enjoy the outdoors of the Pacific Northwest and participating in Community and Church activities.
Amy Jo Van Lierop Client Relationship Manager
Amy joined Vickerman & Driscoll Financial Advisors as a Client Relationship Manager in November 2013. Since then, Amy has built on her passion for creating efficient office operations, promoting a tightly run ship without loose ends. Growing up on a farm in Ritzville, WA instilled in her a progressive and strong work ethic, along with a warm, open-minded and down-to-earth style, which she loves sharing with clients and colleagues. Amy believes in a simple, focused approach to investing. She also recognizes that supporting people through life events is just as important as keeping the investment portfolio strong.
Amy graduated from Washington State University with a Bachelor’s Degree in Accounting. She is a Certified Public Accountant in the State of Washington. She holds the Series 65 Certification.
Amy began her accounting career in Spokane with the local public accounting firm of McFarland & Alton, PS. In 1996, she started a 17-year career with Providence Health Systems as a Sr. Financial Analyst prior to joining Vickerman & Driscoll Financial Advisors.
Amy and her husband, Don, enjoy all the adventures that come with raising three sons.
Karen Henry Client Service Associate
Whether you are calling or walking in, Karen might be the first person to greet you at Vickerman & Driscoll Financial Advisors. As the Client Service Associate, Karen provides operational and administrative support to the team. She has a gift for serving people and their needs. The work she does for our clients is both thoughtful and personalized. She is truly dedicated to the entire situation, interests and sensitivities of each client.
Karen joined Vickerman & Driscoll in January of 2015. Since then, she has gained a great understanding of our firm operations and demands. Her follow through is unmatched, and her strong communication skills provide honesty and integrity to our daily routine. She works with patience and focus as she is faced with various personalities and challenges. She looks forward to engaging with our clients and values the relationships that we are building.
Karen is a native of British Columbia, Canada. Before moving to the U.S., she gained clerical & bookkeeping experience in a variety of settings. Since moving to Spokane she has served in numerous volunteer positions at the church she attends including Sunday morning Greeter. Karen, a wife, mom & grandma, enjoys assisting her husband, Ken, in his photography business.