59 Sycamore Street
Whether you’ve worked with a financial advisor before or this is your first time, you likely have questions about what it’s like to work together. Here, we answer some of the most frequently asked questions:
“Fee-only” means that we receive no other compensation other than the fee you pay, rather than being compensated by commissions or product sales. This allows us to make recommendations that are always in your best interest.
Open communication and trust are foundations to a great relationship. Our client relationships are built on trust and we promise to follow through on our word, actively listen, be authentic, always tell the truth, and make decisions carefully.
Wealth management is the most advanced form of financial planning. It generally includes comprehensive investment management along with financial advice, tax guidance, estate planning and insurance. Wealth advisors combine a holistic financial plan with a tailored investment strategy.
The CERTIFIED FINANCIAL PLANNER™ certification is a professional certification that represents a high level of professional education. The designation requires passing a rigorous examination with 89 financial and legal topics, three years of experience and then continuing education. A CFP must always honor a code of ethics and standards of conduct.
A Registered Investment Advisor (RIA) is a firm that is registered with the state in which it does business, or with the Securities Exchange Commission, to provide investment advice. A Registered Investment Advisor is held to a Fiduciary Standard, meaning they are expected to act in the best interest of their client at all times. As fiduciaries, an advisor must employ a policy of full disclosure with their clients to help avoid potential conflicts of interest.
Personal Financial Specialist (PFS) is a specialty credential awarded by the American Institute of Certified Public Accountants (AICPA) to CPAs who specialize in helping individuals plan all aspects of their wealth.