The Case for Having a Christian Financial Advisor

Timothy Plan: ‘Christians Should Select a Like-Minded Advisor Who Can Steer Them Toward Biblically Sound Investments’

October 11, 2021

ORLANDO, Fla.— It is one thing to dabble in the stock market; it is another to devise a wise financial plan for a secure future. In many cases that takes a professional. And to do it in a God-pleasing way, it helps immensely to have a Christian advisor. It starts with the foundational concept that we do not own all that we have—God does.  

“That’s the game changer,” Art Ally, Timothy Plan founder and president, says. “God owns everything, including us. Once we understand that, everything else falls into place.”

Ally explains the concept of biblical stewardship in his financial planning course “Stewardship: God’s Plan for Financial Success.” “A steward is someone entrusted with another’s wealth or property and charged with the responsibility of managing it in the owner’s best interest,” he writes, adding that “God expects us to use the resources He gives us to best carry out our responsibilities.”

“For Christians, it’s especially important to select a like-minded advisor who can steer them toward biblically sound investments,” Ally says. “It’s why Mark Minnella and I sought to expand the field by founding National Association of Christian Financial Consultants (NACFC) in 1997. This gave Christian advisors a forum to come together, worship and figure out how to change investors’ ideas about investing.”

The idea of seeking out a sage advisor comes straight out of Proverbs: “Plans fail for lack of counsel, but with many advisers they succeed” (15:22). “Listen to advice and accept instruction, and in the end, you will be wise” (19:20)

Citing the ministry of Barnabas, a friend of the Apostle Paul who came alongside to offer encouragement and counsel, Brian Mumbert, vice president of advisor relations at Timothy Plan, notes that more than ever, accepting such counsel is smart. “This year has been ‘an emotional roller coaster’ at times, with the market swinging wildly up or down,” Mumbert says. “The average investor can make large mistakes by leaving the market at the wrong time or coming into the market when it’s too high.” 

“A trusted financial advisor,” Mumbert adds, “can help the client take some of the emotion out of the process, and, like Barnabas, be an encourager—to stay the course and to resist irrational decisions.”

As Timothy Plan explains on its website, the firm makes investment decisions prayerfully and responsibly. For over 25 years, it has been committed to operating with the integrity, excellence and wisdom that brings honor and glory to Jesus. It is a beacon for godly stewardship in the financial community.

When investing in a mutual fund, including Timothy Plan, you should consider the fund’s investment objectives, risks, charges and expenses. This and other important information can be found in the fund’s prospectus. To obtain a copy, visit timothyplan.com or call 800.846.7526. Read the prospectus carefully before investing or sending money. Mutual Funds distributed by Timothy Partners, Ltd., member FINRA

For more information on Timothy Plan, visit timothyplan.com. View the media page for Timothy Plan here.

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To interview Timothy Plan founder and president Art Ally, contact Beth Harrison, 610.584.1096, ext. 105 or Deborah Hamilton, Media@HamiltonStrategies.com, 610.584.1096, ext. 102.