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

In a perfect world, every money decision we make would be totally rational. We’d consider all of the facts. Then, we’d balance them with the risks to make the most logical choice available. 1 That sounds simple. Yet it doesn’t happen as much as it should in the real world. 1, 2 That’s because many of us aren’t relying on logic and the facts to make financial decisions—and we probably don’t even realize it. 2...
Smart investing doesn’t happen in a vacuum. Current events matter, and this year, the 2024 Presidential Elections are taking center stage. That’s rattling a lot of us, causing more election stress than ever before. 1 It’s also raising a lot of questions about investing in election years, how to respond to market uncertainty, and what money moves truly make sense. Here’s a handful of key factors to keep in mind when you’re investing in an...