In the Know

RIA’s are fiduciaries which simply means that an advisor is required by law to offer financial and investing advice that is best for the client, not the firm.  Brokers are not.

In addition, RIAs typically charge their clients a percentage of assets under management while Brokers receive most of their compensation through commissions based on the

Advisor & Investment costs might not seem like a big deal, but they add up. You don’t just lose the tiny amount of fees you pay, but you also lose all of the growth that your money might have had for years into the future.

Every advisor and every investment have a cost, even if you don’t realize you’re paying it. Costs are one of the factors that dictate whether you’ll reach your goal – and they are one of the only factors completely within your control when you choose an advisor.

Because advisors charge for their services and all investments have a cost, it might seem like a waste of time to worry about them. Or maybe you assume that a higher price means higher quality. Nothing can be further from the truth.

Individual investors may often make anxiety driven decisions during volatile market conditions which, in hindsight, are often the wrong decisions. Our objective is to provide clients with realistic and consistent market returns utilizing strategies that provide portfolio protection by limiting the potential losses attributable to large market downturns.  In addition, many investments offer institutional shares to advisors which allows them to purchase shares with a lower expense ratio than you could.

Our clients come to us with investments like REITS and annuities in their portfolios that have performed poorly for years. We often are able to help our clients extricate themselves from these investments and place their portfolios on a better course.

Mutual fund companies make their funds available in multiple share classes. The funds’ objectives, management and underlying investments are identical across all classes, but each class could have different expense ratios, minimums or both. Using the lowest cost share class might help you save money.