George has a passion for developing meaningful relationships with clients, helping them uncover and realize their life’s goals. He understands that true financial advice isn’t prepackaged and is best served in a fee-only, unbiased manner.
Prior to joining the Mosaic team, George created financial plans for clients at UBS in the Silicon Valley region, supporting nearly 100 financial advisors and serving as a subject matter expert in financial planning. Before that, he worked at Vanguard in a client service capacity in addition to leading training initiatives. He started his career as an intern with one of the largest RIAs in the state of Arizona, where he supported the private wealth, institutional, operational, and tax arms of the business. George earned a Bachelor of Science in Economics from Arizona State University. He is a CERTIFIED FINANCIAL PLANNER™ and is currently pursuing his MS in Financial Planning and Taxation with an emphasis in Estate Planning at Golden Gate University. He is an active member of the San Francisco Financial Planning Association (FPA) and is a member of the FPA’s NexGen, a national organization supporting the development of young financial planners.
As a new San Francisco resident, you can find George and his girlfriend crossing off countless top ten lists while expanding their newfound wine palate or embarking on urban hikes off the beaten path.
Frugal traveling isn't an oxymoron. George gives CNN writer Shannon Gupta a few tips on using consumer credit to your wanderlust advantage:
These sign-up bonuses can save you money, but they can lead to excessive debt if you aren't careful.
Instead of overspending just to achieve the bonus, try using your card to pay for items you'd purchase anyway, such as groceries, says George Galat V, a CFP at Mosaic Financial Partners.
Before signing up, Galat recommends calculating whether the potential rewards outweigh the cost.
George explains just why an emergency fund is so important to create before moving onto other financial goals:
"Life has an uncanny ability to throw financial curve balls," said George Galat V, a financial planner at Mosaic Financial Partners. "Whether that be unexpected car or home repairs, a medical emergency or other odds and ends that crop up."
Carrying debt is a fact of modern life. Writer John F. Wasik dives into how to regard debt and how to approach its different forms. George is quoted throughout the article.
“It may not make sense to pay off your mortgage right away in retirement," says George Galat, a certified financial planner with Mosaic Financial Partners in San Francisco. “You may want to invest more money."
Galat also notes that many mortgages these days are low-cost debt, so they are much less of a burden than been they've in the past. You may even be able to refinance at a lower rate to reduce your monthly payments.
How can a financial goal most effectively create and sustain new habits? Certified financial planners debate over who has the final say in the creation of goals in this article for TheStreet by Brian O'Connell. George weighs in, noting that the control should ultimately be determined by the client for maximum results.
“Clients should set their own goals,” says George Galat, a financial planner at Mosaic Financial Partners in San Francisco. “The advisor should merely be a facilitator in the financial planning dialogue, much like a therapist doesn't say to their patient suffering from anxiety "stop thinking so negatively, you will be happier.”
That's not what the patient pays for. They pay for help through the process, changing the way they think, Galat adds. “As advisors, we can't just say, 'Save more, spend less,' and call it a day. Proper financial planning is a dialogue about the positive or negative consequences that arise from choosing a certain option among the many we offer to our clients.”
Mosaic Financial Partners
September 2016 – Present
Wealth Planning Analyst
November 2015 – September 2016
February 2013 – November 2015
May 2011 – February 2013