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Frequently Asked Questions

Please click the questions below to discover the answers.

WHAT SEPARATES US FROM OTHER INVESTMENT ADVISORS?

We are independent and have no proprietary products which mean we are not compelled to recommend investments for which we have an economic benefit. Our recommendations are based solely on what is most appropriate and suitable for our Clients’ specific financial situation.

WHAT DOES BEING A FIDUCIARY MEAN?

A fiduciary has an obligation to act in the best interest of his/her clients in managing the clients’ assets, rendering investment advice, and trading in clients’ accounts. This obligation comes with an extremely high level of trust, and fiduciaries must not engage in any activity that would be considered a violation of this trust.

WHAT IS A FEE-ONLY INVESTMENT ADVISOR?

Fee-only investment advisors are not compensated by commissions from selling investment products. Instead, they are compensated by fees. The fees can be hourly, a flat fee, or a fee based on the amount of assets under management (AUM).

WHAT IS YOUR INVESTMENT MINIMUM?

The current account minimum is $5000; however, some investments may have a higher minimum.

WHAT ARE YOUR FEES?

The fee we charge is based on the services the client requires. We may charge a percentage of total assets under management, an hourly fee, or a flat fee for specific services. These fees are explained in detail in our Firm Brochure. Please contact us directly for a copy of the brochure.

WHERE IS MY MONEY KEPT?

We use Equity Trust Company as a custodian for retirement plans and other account types. Securities executed through Equity Trust Company’s broker-dealer affiliate, ETC Brokerage Services (Member FINRA and SIPC), are cleared through and held in custody by an unaffiliated, third-party clearing firm (COR Clearing LLC).

WHAT IS SIPC?

The Securities Investor Protection Corporation (SIPC) is a non-profit corporation that provides limited coverage to investors' brokerage accounts in the event the firm becomes insolvent or bankrupt. The amount of coverage is limited to $500,000 per client, including up to $250,000 in cash. SIPC coverage does not protect against a decline or any fluctuation in market value.