Need More Coupons - MyLivingMagazine.com
Bigger is not Always Better
I received a phone call the other day from a prospective client. She was concerned because of the lack of attention she was receiving from her Financial Advisor. I asked her a few questions and realized why this was happening. It made me think that her situation was no different than many of you who might be reading this. Her account was at one of the major brokerage firms we all know. The lack of attention she was getting was not her fault. It happens quite often at the major brokerage firms and for good reason. Brokerage firms set minimum asset requirements on their advisors for them to be compensated. The advisor in this relationship was not compensated because the relationship size was less than $250,000. These firms set minimum relationship sizes on their accounts and if that minimum is not met then the client is usually directed to a call center where they may speak to a different person on any given day. To me this by Jay Chapman, CFP® does not seem like good service. After all, even though your account size may be smaller, you are still paying a fee to that firm to advise you. That All the opinions expressed fee is usually the same or more percentage wise as it would be if you dealt in this article are that directly with an individual advisor. The only difference is the brokerage firm keeps the entire fee and does not compensate the advisor who opened of the authors and should not be considered the account. As an Independent advisor, I can work with any client whether their assets financial advice for your individual portfolio. are $250,000 or $10 million. Prior to being an Independent Advisor, I worked for a couple of major brokerage 1firms. For me, the decision to leave that business was simple. I wanted to run my own business and If you would like to learn more about this help as many people as possible. Will Thompson and I started this firm to topic or have your help investors achieve their financial goals. We did it so we could decide complimentary portfolio who we wanted as clients, and we do not discriminate based on a dollar figure. If someone comes in with a goal to reach retirement or get through reviewed please contact Jay Chapman, CFP® retirement, we want to help. Both Will and I cut our teeth working at major firms. Our backgrounds at Chapman are completely different though. Will worked on the institutional side Capital Advisors and got his Chartered Financial Analyst certification while doing so. The 772-320-9658 or email CFA® is one of the most highly respected designations in our industry. Jay@ChapmanCapitalAdvisors.com It takes years to achieve this designation. His experience is vast, and he has used it within our firm to make it a unique Independent firm in Stuart, FL. There are not many advisors around that hold both the CFA® and CFP® designations, but he does, and this sets him apart from other advisors. His credentials are impressive, but the most impressive part to me is that Will cares about every client we serve. My background is on the retail, client facing side of the industry. I worked for two major Which Investor Are You? brokerage firms as well as a large Independent ✓ A Smart Retiree who plans ahead? Registered Investment Advisor prior to starting ✓ A Busy Professional with little time? Chapman Capital Advisors. I have passed Work with a Certified Financial Planner™ multiple securities licensing exams and hold Where Experienced Advice Meets my certificate in Financial Planning as well. Actionable Ideas! Although Will and I come from different sides THE ANCHOR TO A STABLE FINANCIAL FUTURE of the industry, we both share one common trait. We care about our clients. We want them Call for a Complimentary Consultation Today! to be successful. We want them to achieve 772-320-9658 their financial goals. If you are tired of being 3727 SE Ocean Blvd., Suite 204, Stuart www.ChapmanCapitalAdvisors.com a number and want to work with advisors Copyrighted© My Living Magazines. 2021 All Rights reserved. To Advertise call 772-617-4960 56 VOL. 517 A who care, please give us a call to set up a free consultation.
Money Talks
Charting a Course For Your Future
