Welcome.If you were to rate yourself 1-10 on your financial well-being, what score would you give yourself? If you didn’t give yourself a good score, it might be time for some expert advice! Our business model has been designed from the top-down with one main focus on everything… YOU. No pushy commission salesman, no production deadlines, no forcing insurance products… just financial advice with YOUR best interest in mind. |
Do I need a financial advisor?If you are making money, have responsibilities (i.e. family, business, loans, etc.), and/or have goals, then yes. Typically anyone age 25 and up should have a financial advisor to check in with at least once a year and before a large money event (buying a house, inheriting money, starting a business, winning the lottery, etc.). This gives you a professional partner to help you make your money work as hard as you do! |
But hiring a financial advisor sounds expensive?!
If you want to see a financial advisor squirm, ask how they are paid. Here, we are just up front and honest about it. There are four main ways we can be paid: fixed fee, hourly rate, percentage of portfolio, or commissions. Let me break them down for you:
1. Fixed fee: this method is used for creating your financial plan. This is a comprehensive process that uses your current financial position and creates a tangible plan that lays out what you need to do to get to your goals. In addition, it stress-tests for risks that can get in your way of achieving your goals.
2. Hourly rate: this is used for meeting to make sure you are on track with your financial plan. Additionally, if you have a large money event happen (inheriting money, buying a house, car, or other asset, etc.) this is a good time for a meeting to be sure you are staying on track with your goals.
3. Percentage of portfolio: If part of your financial plan involves us managing your money, this will probably be a method of compensation used. We will be paid a fee equal to a percentage of your investment portfolio (typically 1% to 1.5%, but subject to change). Having professional active management techniques employed coupled with someone to take the emotion out of investing and make sure rational decisions are made can be very helpful (because let’s face it, money can be emotional). Additionally, having someone to take the emotion out of investing and make sure rational decisions are made can be very helpful (because let’s face it, money can be emotional). If you have an old 401(k) that is not being actively managed or properly invested, this may be a good way for your money to work harder for you.
4. Commissions: This method is used for transactional type business such as buying life insurance, buying or selling mutual funds, stocks, bonds, options contracts, etc.
Best of all – we will help you determine what is the best method for you, since everyone’s situation is different.
1. Fixed fee: this method is used for creating your financial plan. This is a comprehensive process that uses your current financial position and creates a tangible plan that lays out what you need to do to get to your goals. In addition, it stress-tests for risks that can get in your way of achieving your goals.
2. Hourly rate: this is used for meeting to make sure you are on track with your financial plan. Additionally, if you have a large money event happen (inheriting money, buying a house, car, or other asset, etc.) this is a good time for a meeting to be sure you are staying on track with your goals.
3. Percentage of portfolio: If part of your financial plan involves us managing your money, this will probably be a method of compensation used. We will be paid a fee equal to a percentage of your investment portfolio (typically 1% to 1.5%, but subject to change). Having professional active management techniques employed coupled with someone to take the emotion out of investing and make sure rational decisions are made can be very helpful (because let’s face it, money can be emotional). Additionally, having someone to take the emotion out of investing and make sure rational decisions are made can be very helpful (because let’s face it, money can be emotional). If you have an old 401(k) that is not being actively managed or properly invested, this may be a good way for your money to work harder for you.
4. Commissions: This method is used for transactional type business such as buying life insurance, buying or selling mutual funds, stocks, bonds, options contracts, etc.
Best of all – we will help you determine what is the best method for you, since everyone’s situation is different.
