The quality of a sound that stays loud, clear, and deep for a long time.
We think our comprehensive approach will resonate with people who demand more of their financial advisors.
There are countless financial credentials out there and many are simply worthless. Spend some time researching the top credentials and you will find the big 3. CFP® for financial planning, CFA for financial analysis and asset management, and CPA for accounting. We believe that your accountant should be a CPA and your financial advisor should have the CFP® certification and CFA charter. See Bios for more information. Articles on credentials: Wall Street Journal & Investopedia.
A fee-only advisor is one who only receives compensation on the fee that you pay directly. There are no commissions, loads, referral fees, or other hidden forms of compensation. Fee-based means that there may be fees and commissions. When compensation is affected by advice given or investment selection, it has the potential to benefit the advisor more than the client. A fee-based advisor often does not have the same fiduciary standard of a fee-only advisor. Article on fee-only vs. fee-based.
Financial advisors either have a fiduciary standard of care or meet a lower standard of suitability. A fiduciary obligation means that the advisor must always act in the best interest of their clients. Suitability means that they must merely offer suitable advice or products. There is a potential for greater conflict of interest as something that is suitable does not mean that it’s best for you.
We never have custody of client assets. We work with Schwab Institutional who acts as custodian for our clients’ accounts. Your assets will be safely held in individual accounts in your name. You receive confirmation from the custodian of all transactions, have online access to your account, and receive paper or electronic statements.
For asset management, annualized fees are a percentage of assets under management using the following schedule:
1.0% of the amount under $1,000,000
0.8% of the amount from $1,000,001 to $3,000,000
0.6% of the amount from $3,000,001 to $5,000,000
0.45% of the amount over $5,000,000
Account minimum is $500,000. Fees are billed quarterly in advance and may be negotiable depending on circumstance.
Financial planning without asset management is $250 per hour with an 8 hour minimum.
Absolutely. While there is an asset and fee minimum for asset management, there is an hourly fee option for everything else. This is a great option for someone who wants a detailed financial review and doesn’t want to be sold an investment product or commission laden funds.
Certainly not! Individual stocks, individual bonds, and exchange traded funds can move over in kind. You’ll keep your same cost bases, so there will be no impact on taxes. Our custodian supports thousands of mutual funds, but there may be some cases where your previous manager used proprietary funds or other funds that cannot transfer. In that case, they may need to be sold. We’ll do a full assessment of the transfer before you begin working with us so that you will know exactly what is needed and can decide how you want to proceed.
Call or email us to set up a time to meet. The consultation is free for qualified investors. We use that opportunity to learn more about you and your financial needs. This gives us an opportunity to ensure that we are a good mutual fit. There is no obligation beyond a friendly introductory discussion. Any information you share will always remain confidential.