Helping clients achieve their financial goals, the right way.
We are a fee-only, registered investment adviser and always adhere to the fiduciary standard. We provide quality financial advice, placing our clients interests ahead of our own both now, and in the future.
RIA’s provide ongoing service through financial planning and portfolio management for an ongoing fee, incentivizing them to continuously serve, adapt, and add value.
Series 65, CFP, or CFA
Our Business Relationships
In order to fulfill regulatory requirements, we must use a 3rd party custodian for quality, custody, safekeeping, and execution. We use Charles Schwab for their ease of use and nationwide recognition. MoneyGuide is our preferred financial planning software provider, and we utilize a small compliance company for registrations and consulting. Transitioning advisors can choose alternative custodians and financial planning software should they choose to.
In addition to serving the high net worth, we make the extra effort to serve their spouses and children. Many financial advisors plan on retiring in the coming years without a written succession plan and older generations are expected to leave trillions to their heirs in the year thereafter. This creates an overlooked issue for many families. With that said, we have thought about this transition, and are intentionally inclusive.
Addressing the Talent Shortage in our Industry
We are making efforts to design, recruit, and develop millennial/career changers into fee-only financial advisors, the right way, by giving them flexibility and ownership benefits up front. Traditional firms are not adapting nor budging, presenting a promising opportunity for us, our advisors, and future clients.
Resiliency & Succession
Resiliency is very important to us from both a client service and business perspective. As mentioned earlier, we utilize Charles Schwab for custody, safekeeping, and quality assurance. Clients may remove us as their advisor at anytime or find another institution to transfer to. In addition, all of our advisors have a built in succession plan with like minded advisors in the event of the unexpected.
All of our advisors are classified as independent, and transitioning advisors receive a generous payout ranging from 75%-90% of their production. We typically recommend having at least $5 Million in AUM before transitioning.
We allow our advisors to work remotely, and do not enforce non-compete or non-solicitation agreements. Our advisors have a transparent, built in succession plan if they do not have a successor, and may leave, move, merge, or sell at a later time.
Talk with us to learn more about transitioning and the time frame it will take. Even if it’s not with us, we are glad to help you get on the right path to serving your clients, the right way.