FAQs
- What should the customer know about your pricing (e.g., discounts, fees)?
As a fee-based Financial Planner and Investment advisor we have two primary ways that clients pay us. For clients that come to us for Financial Planning only we charge a flat $299 to develop a financial and investment strategy for you. For clients that choose to have us manage their accounts, we are a fee based advisor with a maximum of 1.25% per year of assets under management. We waive any financial planning charges for asset management clients. If we sell insurance products (Life, Disability, Long Term Care, Identity Theft) these are on a commission basis paid by the insurance company.
- What is your typical process for working with a new customer?
We would like to meet with you first for a complementary one hour session. This helps us to gain a better understanding of you and make sure we are comfortable working together. From that point we would make an agreement to proceed and typically would complete a financial plan first. The financial plan will determine your goals, identify risks, help you establish a savings strategy and determine how we should invest your money. Once we have a plan, if you decide to let us manage your assets we would set up accounts at Charles Schwab (our custodian), help to transfer the assets in and then begin to manage your accounts. We like to meet with our clients at least twice per year, however we usually have up to 12 touches with our clients annually.
- What education and/or training do you have that relates to your work?
Both Eric and Jeff are FINRA series 65 Investment Advisors. Jeff is a Chartered Financial Consultant (ChFC) and a Chartered Retirement Planning Counselor (CRPC). Jeff also holds a TX Life and Health Insurance License and a Legal Program Sales License for TX. Eric is a Chartered Financial Analyst (CFA) and has extensive experience in both securities and credit analysis. Both Eric and Jeff have backgrounds in Business Consulting and we consult with our business clients helping them to develop exit strategies from their businesses.