| Advisor Profile |
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| Name: |
Stephen Ahern |
| Phone Number: |
(978) 735-2551 |
| Website: |
Visit Website
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Business Description |
Wealth Management Advisors, LLC is a recognized boutique Wealth Advisor. We believe in integrity, honesty and accountability for all we do. We hold ourselves to the highest standards of excellence and client service.
We help our clients achieve their life goals through the proper management of their financial resources. We work with them to design and implement specific financial plans. We utilize a comprehensive approach to financial advice and our investment advice is based on modern portfolio theory. We assist our clients' in their progress toward their objectives by providing overall analysis, design, implementation and monitoring of their wealth and their plan. |
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General Information |
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| States Licensed in: |
MA, NH
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| States Willing to do Business in: |
MA, FL, NH, ME, VT, RI, NY, MI, TX, CA, NV, WA
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| Years of Experience in Financial Services: |
20
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| Number of Years with Current Firm: |
8
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| Work Experience: |
Curr. President of Wealth Management Advisors, LLC (Since 2000)
Curr. Shareholder of Sullivan Bille, PC, CPAs (Since 2000)
Fmr Sr. Manager for PricewaterhouseCoopers, LLP
Fmr Senior Staff for Weiss Accountancy Corp.
Fmr Senior Financial Planner for J.B. Cohen & Assc
Fmr Senior Financial Planner for Tofias
Fmr Accountant for Derba, Yoshida & Co.
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| I work with the following types of clients: |
Businesses, Non-Profit Organizations, Individual Investors
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Education |
| Academic Background |
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BS, Accounting, concentration in Computer Science - Providence College
Master of Science, Taxation, concentration in Financial Planning - Bentley College
Program for Financial Planners - Boston University |
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Services |
| Investment Types: |
Real Estate, Exchange Traded Funds (ETFs), Mortgages & Real Estate, Alternative Investments, Options & Futures, Mutual Funds, Insurance, Annuities, Stocks, Bonds, Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant, Certified Public Accountant (CPA), Personal Financial Specialist (PFS), Masters in Taxation
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| Securities Licenses: |
Series 65
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| Financial Organization Memberships: |
Financial Planning Association (FPA), National Association of Personal Financial Advisors (NAPFA), Paladin Registry, American Institute of Certified Public Accountants (AICPA)
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Firm Information |
| Number of Advisors in Office: |
10 - 99 employees
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| I work with clients as part of a team: |
Yes
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| Firm's Number of Clients: |
1200
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| Firm's Number of Planning Clients: |
85
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| Firm's Number of Managed Clients: |
73
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| Assets Managed by Firm: |
$200,000,000
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| Advisor's Number of Clients: |
73
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| Advisor's Number of Managed Clients: |
73
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| Advisor's Number of Planning Clients: |
85
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| Assets Managed by Advisor: |
$200,000,000
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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: |
$500,000
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| Compensation Methods: |
Flat Fee, Hourly, Based on Assets
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| Fee % Based on Assets: |
1.0
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| Flat Fee Rate: |
$30,000.00
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| Additional Details on Charges: |
Flat Fees range from $5,000 to $100,000 depending upon services and complexity.
% of assets range from 1% and are reduced by sliding scale for assets over $2,500,000.
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| Minimum Fee Charged for Managed Accounts: |
$3,000
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| Minimum Fee Charged for Hourly Planning Accounts: |
$2,000
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| Minimum Fee Charged for Flat Fee Accounts: |
$5,000
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| Prepared By: |
Stephen Ahern |
| Most Recent Update: |
07/24/2008 |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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Yes. We meet with a prospective client and spend about an hour to assess their needs and to determine if they are a fit for our services. This initial meeting is at our expense. Any work that comes after that meeting is subject to our agreed arrangement based upon our standard fee schedule as published in our Form ADV, Part 2. |
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What are your qualifications? What is your education background? |
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All of our advisors have Bachelor (BSBA) and Master (MS) degrees. We are all Certified Financial Planner (CFP) Certificants and most are Certified Public Accountants (CPA) as well. Stephen Ahern is a CPA with a Personal Financial Specialist designation (PFS), a CFP and has a MS in Taxation with a concentration in Finacial Planning from Bentley College. |
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What is your approach to financial planning? |
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We prepare a full comprehensive financial plan for each of our clients. This gives clients an overview of their finances as well a plan for us to follow for making your finances in line with your goals. We look at investments, insurance, retirement, educational needs, estate planning, cash flow needs and tax planning. |
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What services do you offer? |
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Comprehensive Financial Planning
Investment Advisory Services
Family Office Services
Estate Planning
Tax Planning and Preparation |
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How many clients do you currently manage? |
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Will you be the only person working with me? |
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We work as a team with Stephen Ahern as the team leader, Mark Alaimo, Tim Couture and Jyotika Patel as team members. We are all responsible for servicing our clients and making sure that we keep in contact and are available for our clients with timely responsiveness and proactive results. |
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How are you compensated? How will I pay for your services? |
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We are FEE-ONLY. NO commission, or other remuneration. You pay us a fee for our services and you know that we are working with you, for you and in your best interests at all times. |
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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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Do you offer any guaranteed results? |
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Unfortunately there are not guarantees in investing. We do guarantee that our services will enable you to solidify your financial well being and that we will take a fiduciary duty to you to ensure that things are done in your best interests. With regard to investments, the proper investment allocation and management, you should enable you to come out ahead in the long run. |
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How much risk should I be willing to take? |
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That depends on you. We will do a risk assessment and will tailor a portfolio to your needs and the amount of risk you are comfortable with. |
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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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Comprehensive Financial Planning
Investment Advisory Services
Family Office Services
Estate Planning
Tax Planning and Preparation |
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What is your experience? How many clients do you currently manage? |
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I have been providing Financial Advisory and Planning services since 1989. |
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What financial institution(s) do you represent? |
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Fidelity and Schwab are the custodians that we utilize. |
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How do you charge for your services? |
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Based on a percentage of assets we advise on. Starting at 1% and declining as the amount of assets go over 2.5 million. |
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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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Experience, Integrity, Fiduciary. We have over 15 years of experience on average. We do what we promise and we follow through proactively. We take a fiducary role in your finances which means that we put your interests ahead of all others. |
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What are your qualifications? |
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I am a CPA with a Personal Financial Specialist designation (PFS), a CFP and I have a Masters Degree in Taxation (MST) with a concentration in Finacial Planning from Bentley College. He was formerly the Senior Manager in charge of Northeast Finacial Planning and Investment services for a Big Four CPA Firm. |
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What is your approach to 401 K plan rollovers? |
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We integrate the 401(k) rollover with your overall investment plan to ensure proper tax wise investing and asset allocation. |
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How long does the process of rolling over a 401K plan usually take? |
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Depending upon the 401(k) provider, it can take a week or several weeks. We recommend setting up a rollover IRA account at Schwab or Fidelity and then do a trustee to trustee transfer to efficiently transition your funds to the proper account without tax impact. |
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What financial institutions do you represent? |
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How many years of experience do you have? |
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For 18 years I have been dealing with rollover needs of clients and helping them plan for funding retirement and minimizing taxes. |
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What are your fees for this service? |
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Based on a percentage of assets we advise on. Starting at 1% and declining as the amount of assets go over 2.5 million. |
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How many 401K rollover clients do you currently manage? |
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Why should I roll over my 401K plan to your firm? |
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Experience, Integrity, Fiduciary. We have over 15 years of experience on average. We do what we promise and we follow through proactively. We take a fiducary role in your finances which means that we put your interests ahead of all others. We also take a comprehensive overview approach that enables us to best serve you as your overall financial advisor and not just focused on one account. |
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Do you provide a free initial consultation? |
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