Wealth Management & Financial Planning FAQ’s

Our competitive advantage is that our local AZ team of tax and financial professionals brings tax planning and preparation, financial planning, financial management, and estate planning altogether for you under one roof. In addition, our Financial Planning and investment management knowledge provide our clients with a “Higher level of advice” to help you plan for all your complex integrated financial needs. By providing this combined group of services, our clients receive a level of competent advice they can be confident in.

Our wealth management advisors in Prescott and Scottsdale provide a well-defined Financial Planning process to develop a “Foundational Financial Plan™” for you and your family. After your Financial Plan is well developed and in place, we help you implement the needed steps to put your planning in place to protect and preserve your wealth.

We have been working in the Tax and Financial Advice business for 25 years, since 1997.

We understand it can be scary entrusting your life’s savings in the hands of a Financial Advisor. Bernie Madoff acted in all three roles: Custodian, Broker-Dealer, and Financial Advisor. We have well-established separate roles. As Financial Advisors, we do not hold your funds; we have a custodian for that. Commonwealth, our broker-dealer, is the largest privately owned independent broker-dealer in the United States. The separate roles filled by the Custodian, Broker-dealer, and Financial Advisor provides assurance to investors that actions taken by Bernie Madoff cannot be duplicated.

Yes. We can provide contact information for some of our clients once they have agreed to speak to you, and you may call them and ask about their experience in working with our wealth management firm in Scottsdale or Prescott.

We specialize in people looking for tax reduction strategies. Primarily we work with retirees, pre-retirees and widows, and business owners.

Because our clients each have unique situations, it will depend on the type of financial services that you will need. Our fees are competitive with the marketplace, and we are happy to provide you with our fee schedule once we understand your situation and which wealth management services you are seeking.

Yes, we do. We have an account minimum of $1 million dollars. However, depending on your circumstances if you may be able to reach that account minimum in the near future, we have made exceptions. For example, if a large portion of your net worth is tied up in real estate, but you are about to sell and seek to invest the proceeds in more liquid investments with an advisor. Or, if you are about to receive an inheritance, etc…

Yes, we primarily work on a fee basis as fiduciary asset managers to our clients. When we provide a multitude of financial services as we do, then potential conflicts can arise. In those circumstances, we are transparent and disclose those conflicts of interest to our clients. In all cases, we work in our client’s best interests.

Other wealth management firms may claim they are fiduciaries, but they will also have conflicts of interest. For example, they may not provide you with services or products that will truly be in your best interest, such as a 529 college saving plan for your grandchild or a Long-Term Care policy for your spouse. Is it really in your best interest not to be educated by your wealth manager on such topics? Or to be referred out to another provider that may not understand your entire financial situation? We don’t think so.

We believe that as long as you are informed of all the conflicts, costs, and issues, you can still make an informed decision that is in your best interest. As your financial advisors, we will be right there alongside you helping you consider the options and helping you choose the best wealth management strategy for you. For any inquiries or further information, do not hesitate to contact us.