Frequently Asked Question
How many clients do you work with?
When working as a financial advisor, you need to be able to give each client personalized attention. As a result, we limit the number of clients we work with at any given time. This makes it easier for us to fully consider the variables at play in your financial life and come up with a plan that is fully tailored to you.
Are you a registered investment advisor (RIA)?
Yes. Holding this title is important, as any financial advisory firm that offers comprehensive financial planning services must be an RIA, registering either with the Securities and Exchange Commission or with the regulatory agency in the state they operate in. You should never use a financial planning service that is not an RIA.
Can you provide me with references from past and current clients?
We will give you a list of professionals we have worked with who are happy to speak with you. When you contact them, they can tell you about our abilities, strategies, and results. However, due to privacy laws, we cannot give you the names and contact information of all of our clients, only those who volunteer to be contacted.
Do you receive kickbacks for suggesting certain products or services?
Our service is not tied to any specific investment company, product, or service. When we make a suggestion, we do so strictly based on what would best benefit you. Our recommendations are not motivated by commissions, awards, bonuses, or tips.
Is there an agreement outlining your compensation and services that will be signed before we start working with each other?
Yes, before we begin rendering our services, there will be full and clear disclosures that outline what services we will deliver and what our compensation will be. We will also explain how we arrived at the fee we set and ensure you understand why it is a fair price.
Do you offer on-going advice on financial affairs?
Yes, our service goes beyond just setting up the best financial plan for you. We are always available for contact and will reevaluate your plan on a regular basis, taking into account the results you are seeing and any changes that have occurred. We are also available on an as-needed basis.
Do you receive referral bonuses from attorneys, accountants, insurance agents, mortgage brokers, and others?
No, we consider accepting referral bonuses to be a clear conflict of interest. When we refer you to another professional, we do so because you need it, and we recommend professionals based on their skills, experience, and demonstrated results, not any compensation given to us.
Have you ever been cited by a professional or regulatory agency for disciplinary reasons?
No, we have not. We also strongly encourage you to avoid working with any financial advisor who has been disciplined by a professional or regulatory body. This indicates they are being held accountable for imprudent advice or abuse.
Do you provide a comprehensive written analysis of my financial status and the recommendations you provide?
Yes, we consider the written analysis to be a vital part of our services. Not only do we clearly analyze your financials, but we also detail the reasoning behind our recommendations and outline how they help you accomplish your financial objectives.
Is the initial consultation free?
Yes, we believe that a good relationship with a financial advisor depends on being a good fit. However, you cannot know if we are a good fit for you until you get to know us. We do not want you to spend money in your search for the right advisor. In fact, your first three meetings with us are free: a phone consultation, an in-person or video conference, and then the meeting where we present our recommendations.