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Business Description |
| Hudson Capital Management LLC (HCM) serves individuals and businesses by offering completely independent financial advice and money management services.
We provide personalized attention and truly customized solutions for clients. It is very important that we understand our clients total financial picture, including all assets and liabilities, in order to discover the best way to manage their total capital resources. To this end we review each client?s overall investment portfolio including investments managed by themselves, other managers, mutual funds, annuities, and other retirement vehicles such as IRAs and 401(k) and 403(b) plans. We then work within client and investment vehicle constraints to optimize their investments in an effort to realize their financial goals. Client communication is very important at HCM and we regularly meet with clients to review their financial situations and goals. |
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General Information |
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| Name of Custodial Firm: |
Fidelity
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| States Willing to do Business in: |
NJ
NY
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| Years of Experience in Financial Services: |
20
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| Number of Years with Current Firm: |
5
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| Work Experience: |
Investment and commercial banking from 1989-1999.
Investment management at The Bank of New York Private Client Group from 1999-2004.
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| I work with the following types of clients: |
Individual Investors, Businesses
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Education |
| Academic Background |
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BS in Business Administration from San Diego State University
Received Chartered Financial Analyst designation in September, 2001 |
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Services |
| Investment Types: |
Real Estate, Exchange Traded Funds (ETFs), Bonds, Stocks, Annuities, Mutual Funds
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Chartered Financial Analyst (CFA)
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| Financial Organization Memberships: |
National Association of Estate Planners & Councils (NAEPC), National Association of Personal Financial Advisors (NAPFA)
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| Firm's Number of Clients: |
30
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| Firm's Number of Planning Clients: |
30
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| Firm's Number of Managed Clients: |
30
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| Assets Managed by Firm: |
$19 million
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| Advisor's Number of Clients: |
30
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| Advisor's Number of Managed Clients: |
30
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| Advisor's Number of Planning Clients: |
30
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| Assets Managed by Advisor: |
$19 million
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Compliance |
| Registered Investment Advisor: |
Yes
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| Investment Advisor Representative: |
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: |
$750,000
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| Compensation Methods: |
Based on Assets
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| Fee % Based on Assets: |
1.1
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| Minimum Fee Charged for Managed Accounts: |
$8,250/yr
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| Prepared By: |
Timothy Parker |
Frequently Asked Questions |
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| Q. |
What are your qualifications? What is your education background? |
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I have earned the right to use the Chartered Financial Analyst professional designation (CFA). I have spent 20 years investing money, the past ten for individuals. I earned a Bachelors degree in Business Administration from San Diego State University. |
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What is your approach to financial planning? |
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It is important for me to understand the client and issues they are concerned about/are facing. Only after that do I look at the assets and liabilities of a client to see how they fit or don't fit the goals. It is an iterative process of exchanging information so we both know what the other is thinking to be able to come up with a plan that makes sense for you. |
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| Q. |
What services do you offer? |
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We offer discretionary money management services that also includes financial planning. This is most appropriate for clients with over $750,000 in assets available to manage. |
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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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Yes. But, I will work (with your permission) with your other professionals to implement your plan - attorney, accountant, insurance professionals. |
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How are you compensated? How will I pay for your services? |
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Investment management servcies cost 1.1% of assets per year, charged quarterly in arrears. This fee also covers planning. |
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| Q. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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No. That is the beauty of my service - you don't have to be involved in the day to day decisions and I have the freedom to do what you hired me to do. We will agree on parameters in which I work before you allow me to manage the assets. |
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| Q. |
Do you offer any guaranteed results? |
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No. Beware of anyone who does. |
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| Q. |
How much risk should I be willing to take? |
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That is a question we can discover as we talk through your values, feelings, experience and financial situation. |
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| Q. |
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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We offer discretionary money management services that also includes financial planning. This is most appropriate for clients with over $750,000 in assets available to manage. |
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| Q. |
What is your experience? How many clients do you currently manage? |
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I have earned the right to use the Chartered Financial Analyst professional designation (CFA). I have spent 20 years investing money, the past ten for individuals. I currently manage approximately thirty clients. |
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| Q. |
What financial institution(s) do you represent? |
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None. I only represent and get paid from my clients. My clients do open their own brokerage accounts at Fidelity and allow me access for trading and fee withdrawls only. |
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| Q. |
How do you charge for your services? |
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Investment management servcies cost 1.1% of assets per year, charged quarterly in arrears. This fee also covers planning. |
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| Q. |
Do you provide a free initial consultation? |
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Yes! Call me now at 201-389-3192 to schedule yours. |
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| Q. |
Why should I choose you as my financial advisor? |
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My qualifications and historical performance are impresive on their own. My approach in getting to know my clients and understanding them is unique and lead to a very high level of service. |
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| Q. |
What are your qualifications? |
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I have earned the right to use the Chartered Financial Analyst professional designation (CFA). I have spent 20 years investing money, the past ten for individuals. |
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| Q. |
What is your approach to 401 K plan rollovers? |
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A 401k rollover may be only a portion of a clients assets and so it is important to understand the clients values, risk tolerance and goals and then to look at the total assets and liabilties to see how best to invest to reach their goals. Rolling over a 401k typically gives much greater choice in investments and can better pass on assets to heirs. |
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How long does the process of rolling over a 401K plan usually take? |
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A couple days to a couple weeks, depending on the current custodian. |
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| Q. |
What financial institutions do you represent? |
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None. I only represent and get paid from my clients. My clients do open their own brokerage accounts at Fidelity and allow me access for trading and fee withdrawls only. |
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| Q. |
How many years of experience do you have? |
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I have spent 20 years investing money, the past ten for individuals. |
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| Q. |
What are your fees for this service? |
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Investment management servcies cost 1.1% of assets per year, charged quarterly in arrears. This fee also covers planning. |
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| Q. |
How many 401K rollover clients do you currently manage? |
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| Q. |
Why should I roll over my 401K plan to your firm? |
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My qualifications and historical performance are impresive on their own. My approach in getting to know my clients and understanding them is unique and lead to a very high level of service. |
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Do you provide a free initial consultation? |
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Yes! Call me now at 201-389-3192 to schedule yours. |
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