FAQ (Frequently Asked Questions)

How does a Financial Advisor help me manage my goals? 

Many people are used to saving money towards a specific financial goal. Maybe you’re currently saving in your company sponsored 401(k) plan or perhaps you have a brokerage account with some stocks or mutual funds. This is where it can get very confusing! How much should I be saving? What types of investments are suitable for me? What else should I be doing? Am I on track? A financial advisor will help you put together a game plan that is specific to you and your goals. If you have asked yourself any of these questions then you should consider working with a Financial Advisor.

What is a Financial Fiduciary and are you one?

Yes. A financial fiduciary is someone who has a legal and ethical responsibility to act in another person’s best interests. This relationship should be built on trust, loyalty, and a duty of care. Financial fiduciaries are held to the highest standard — putting clients’ needs ahead of their own and working to avoid conflicts of interest. Not all advisors are financial fiduciaries.

How much do we charge clients?  

Your initial consultation with us is always at no cost or obligation to you. We commit to clearly answer your questions about initial and ongoing costs and fees and let you know what you can expect to receive.  Our goal is to be completely transparent regarding fees. Generally, we charge a flat fee for our services which is an annual fee that is automatically deducted from our clients’ accounts on a quarterly basis. Our fees range from 1.4% down to 0.55% depending on the amount of assets we mange for you. During our initial consultation we will review our fee structure with you in detail. For clients who do not have assets that are able to be managed by us directly we may charge them a flat annual fee that may range between $1,500 and $5,000 per year. Our clients are never tied to us and are able to cancel their services at any time if they choose. We pride ourselves on being a full and fair disclosure firm where our clients know exactly what they are paying us with no hidden or extra fees.

I don't live nearby or can't make it to your office, can we still work together? 

Absolutely! While we work with clients across the country, many of our local clients also prefer the convenience of meeting virtually. Busy schedules don’t always allow for in-person visits, so we offer the same level of care and service through phone calls, video meetings, and secure electronic document signing. You’re free to choose whether you’d like all, some, or none of your services handled virtually.

I have a CPA, Attorney, and/or other professional(s) that i work with. Can you work with them also?

Absolutely! In fact one of our value propositions is that we will assist with the coordination of other service professionals in your life. If you do not have other service professionals we are happy to provide you with recommendations from people we know and value.  You are under no obligation to use their services of and may choose any qualified professional to provide CPA and/or legal services.  These entities and their services are not affiliated with LPL Financial or Stein Wealth Advisors.