Resources
Protecting & Preserving Wealth Podcast
Gain insights into your biggest financial questions.
Tune in twice a month to hear Founder and Principal Bruce Hosler, EA, CFP®, CPWA®, AIF®, CEPA®, break down key financial concepts to help you maximize your wealth and achieve a tax-free retirement income.
FAQs
Why should you choose Hosler Wealth Management?
We offer much more than a traditional retirement plan or investment strategy. As a primarily fee-based wealth management firm in Scottsdale and Prescott, Arizona, we develop integrated plans with a close-knit team of financial, estate, investment and tax professionals led by Bruce Hosler, EA, CFP®, CPWA®, AIF®, CEPA® — an experienced Advisor and tax specialist who passionately believes that anyone can benefit from tax advantaged investment vehicles and strategies. High-income earners, whether looking at or nearing retirement, often seek out our multi-disciplinary approach as they work toward a tax-free retirement.
What should I expect when working with you?
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.
How long have you been in Business?
We have been working in the Tax and Financial Advice business for more than a quarter century.
How do I know you’re not a Bernie Madoff?
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 one of the largest privately owned independent broker-dealers 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.
*As of 9/22, based on self-reported AUM data from 47 participating firms in the 2022 Financial-Planning.com IBD Elite survey.
Can I speak with some of your clients?
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.
Who do you work with?
We specialize in people looking for tax reduction strategies. Primarily we work with retirees, pre-retirees and widows, and business owners.
How much are your fees for your services?
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.
Do you have an account minimum?
Yes, we do. We have an account minimum of $1 million dollars of investable assets. 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…
Are you Fiduciaries?
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 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.