| Advisor Profile |
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Business Description |
| AFK Investor Coaching will take the retirement plan sponsor (employer) through our unique, evolutionary six-step process to develop a retirement plan that meets your company"s needs. We will 1) evaluate your current retirement plan, including places where you may be paying hidden and unnecessary fees. 2) find ways to maximize tax benefits. 3) protect you and your compamy's fiduciaries from unnecessary litigation. 4) write a RFP and analyze proposals to make sure you obtain the best solution. 5) provide ongoing monitoring of your plan investments on a quarterly or semi-annual basis. 6) educate your employees on a quarterly, semi-annual or annual basis. |
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General Information |
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| Insurance License#: |
02331614
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| Name of Custodial Firm: |
Charles Schwab, US Bank, Trust Company of America
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| States Willing to do Business in: |
WI MI
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| Years of Experience in Financial Services: |
16
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| Number of Years with Current Firm: |
10
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| Work Experience: |
Consult with individuals, while focusing on business owners responsible for their company retirement plan. Provide professionally managed scientifically and mathematically designed portfolios.
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| I work with the following types of clients: |
Businesses, Individual Investors
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Education |
| Academic Background |
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University of Wisconsin BBA
Wayne State University MBA |
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Services |
| Investment Types: |
International Investments, Mutual Funds
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant, Accredited Investment Fiduciary® (AIF), MBA
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| Securities Licenses: |
Series 65
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| Insurance and Annuity Licenses: |
Life, Health
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| Financial Organization Memberships: |
Financial Planning Association (FPA)
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| I work with clients as part of a team: |
Yes
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| Firm's Number of Clients: |
60
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| Firm's Number of Planning Clients: |
10
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| Firm's Number of Managed Clients: |
60
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| Assets Managed by Firm: |
$20000000
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| Advisor's Number of Clients: |
60
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| Advisor's Number of Managed Clients: |
60
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| Advisor's Number of Planning Clients: |
10
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| Assets Managed by Advisor: |
$20000000
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Compliance |
| Registered Investment Advisor: |
Yes
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| I am an acknowledged fiduciary: |
Yes
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| Compliance Disclosures in Last 5 years: |
I have a clean record
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| Criminal Disclosures in Last 5 years: |
I have a clean record
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Compensation & Fees |
| I am a fee-only financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
$100000
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| Compensation Methods: |
Based on Assets, Flat Fee
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| Fee % Based on Assets: |
0.85ï1405162273=No
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| Additional Details on Charges: |
Assets under Management
First $500,000 1.0ï500,001-$1,000,000 0.75ï$1,000,001-$4,000,000 0.50ï$4,000,001 0.25ï1405162243=Investor Coach
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| Minimum Fee Charged for Managed Accounts: |
$1200
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| Minimum Fee Charged for Hourly Planning Accounts: |
$800
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| Prepared By: |
Anthony Krance |
| Most Recent Update: |
10/10/2008 |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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Typically, the only trading in the account is due to rebalancing. |
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Do you offer any guaranteed results? |
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How much risk should I be willing to take? |
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That will be determined during consultation. Every client is different, with different time horizons and risk tolerances. |
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Have you ever been charged with any breaches? |
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What services do you provide? What are your specialties? |
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Coaching you in the proper investment methods and guiding you to your long term goals. Building structured portfolios related to your risk tolerance and time horizon and providing guidance to maintain a long term focus. |
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What is your experience? How many clients do you currently manage? |
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Over 16 years experience, however the coaching business is relatively new. I currently work with 25 clients. in addition to consulting with companies, CPAs and attorneys. |
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What financial institution(s) do you represent? |
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We are a fee only advisor. AFK Investor Coaching is a registered investment advisory firm registered in the state of Wisconsin. |
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How do you charge for your services? |
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This depends on the services provided. To provide asset allocation analysis on your company provided retirement plan, ie, 401K, Simple IRA, 403b, 457a or similar plan the charge will will range from $200 to $500. To manage your portfolio and provide coaching, the charge ranges from 1% to 0.40% of assets under management, based on amount invested. |
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Do you provide a free initial consultation? |
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Why should I choose you as my financial advisor? |
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I'm not sure you should work with me until I learn your issues and concerns and we determine there is a match. |
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What are your management fees? |
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What kind of plans do you specialize in? |
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401K SEP and Simple plans. We can help you understand the issues involved in managing a successful and compliant plan and provide you with the documentation needed to demonstrate prudence in the management of your plan. |
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Do you have a minimum requirement for number of employees or total investment value? |
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When we install a plan there is a one million dollar minimum. |
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What type of plans do you offer? |
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All except 403b plans, due to recent legal changes. |
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Do you offer any additional services? |
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We will provide coaching in a group setting. We offer an independent analysis of your current plan, to determine if you are utilizing a prudent process. We can then implement and monitor an acceptable process and investment platform. |
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What are your qualifications? |
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University of Wisconsin BBA
Wayne State University MBA
CERTIFIED FINANCIAL PLANNER (TM)professional
Accredited Investment Fiduciary (r) |
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What is your approach to 401 K plan rollovers? |
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Coaching clients in the proper investment methods and guiding them to their long term goals. Building structured portfolios related to your risk tolerance and time horizon and providing guidance to maintain a long term focus. |
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How long does the process of rolling over a 401K plan usually take? |
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Less than 30 days, depending on your previous employer. |
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What financial institutions do you represent? |
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We are a fee only advisor. AFK Investor Coaching is a registered investment advisory firm registered in the state of Wisconsin. |
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How many years of experience do you have? |
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16 years experience in financial services. Over 20 years experience in corporate financial analysis. |
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What are your fees for this service? |
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To manage your portfolio and provide coaching, the charge ranges from 1% to 0.40% of assets under management, based on amount invested. |
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How many 401K rollover clients do you currently manage? |
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This relatively new, with 14 clients and growing quickly. |
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Why should I roll over my 401K plan to your firm? |
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I'm not sure you should work with me until I learn your issues and concerns and we determine there is a match. |
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Do you provide a free initial consultation? |
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