This is the fifth post in a series inspired by a Forbes Magazine article that listed a number of questions you should ask a financial advisor.
What kind of client do you specialize in?
One of the most exciting aspects of our business is the diversity of our client base, with very different goals and objectives for their financial futures. There is, however, one important criteria that we find critical to our ability to provide optimal value in those relationships: The ability to have an honest, open, and transparent relationship with our clients is necessary to provide the kind of experience critical to our individualized approach to financial planning and investment management.
My 10 years as a school psychologist has had great influence on how we work with clients now. We all carry attitudes and approaches to money issues that can help or hinder our efforts to meet our financial goals and objectives. As a psychologist, my interactions were often situational and short-term, unlike the financial planning relationship in which we adapt to changes in the economy, investment environment, and the client(s) goals and objectives over time.
By taking an individual approach that is unique to each client we believe we provide the best chance to find and implement an “investment game plan” that will allow you to achieve your financial goals, objectives, and dreams.
If I were to choose one term that best defines our core value, it is the need for deep relationships with our clients. This requires ongoing, dynamic, and regular conversations in order to best serve your needs.
In order to bring the full scope of our investment strategies and expertise into play, we have found the minimum account value for managed assets should be at least $250,000. Although we don’t have hard and fast rules around minimum account size, smaller accounts than this may not allow us to employ the full range of investment vehicles we feel are optimum to maximize returns and minimize risk.