An educated Advisor you can count on

West Coast Phone: 949-226-8342
East Coast Phone: 732-226-3113

Business Practice

  • What is your approach to financial planning?
  • How many clients do you work with?
  • What type of clients do you serve?
  • How often will you update my plan?
  • Will you or an associate of yours work with me? Will the sameindividual(s) review my financial situation? If no, who will? If an associate will be my primary contact, complete questions in the Background and Experience section of each associate as well.
  • Do you provide a written client engagement agreement? If no, why not?
  • Do you acknowledge you are a fiduciary when you provide financial services?
  • Will you sign the Fiduciary Oath below?
  • Do you have a business continuity plan? If no, please explain.
  • Describe your process for meeting with clients, from the initial conversation onward.
  • How do you determine the investment rate of return necessary for me to meet my goals?
  • How do you evaluate my tolerance for risk in pursuit of these goals?
  • Do you prepare Investment Policy Statements (IPS) for clients?What type of information is included in the IPS? (Ask for a copy of a sample IPS.)
  • Do you utilize Modern portfolio Theory to design efficient portfolios that provide the highest possible return for a given level of risk?
  • What process do you use to manage risk in clients'portfolios?
  • Do you offer both strategic and tactical asset allocation strategies?
  • Who makes the asset allocation and manager selection decisions for clients?
  • What types of investment vehicles do you offer to clients, and why?
  • What do most of your clients invest in? Do you tend to favor one type of investment vehicle over another, and why/why not?
  • Do you offer a range of portfolios with various levels of risk that I can choose from based on my risk tolerance?
  • What is your rebalancing policy? How often do you typically rebalance portfolios? Do you employ both strategic and tactical rebalancing methods?
  • Does your professional staff meet formally each quarter to review recent market events and how they affect clients' portfolios, as well as to assess if any changes need to be made?
  • Do your reports show me how my portfolio performed relative to(1) major market indices, (2) a custom designed index that matches up with my portfolio's asset allocation, (3) other major asset classes, (4) my investments' peer groups, and (5) my goals and objectives?
  • What amount of real-time information, such as performance reporting and taxable gain/loss data, can I access through your web site or other technology?
  • What resources or publications do you use to keep up-to-date with changing IRA distribution rules?
  • How do you keep track of IRA Beneficiary forms?
  • Can you show me the IRA life expectancy tables you use to calculate required IRA distributions for both IRA owners and beneficiaries?
  • Who do you call when you have questions about IRA distributions?
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