| Advisor Profile |
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| Name: |
Chuck Gibson |
| Phone Number: |
(510) 279-3488 |
| Website: |
Visit Website
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Business Description |
Financial Perspectives is an independent, fee-only financial advisory firm. We focus on helping clients plan for and achieve their life goals. Since everyone is unique in their needs and desires, we take the time to get to fully know and understand what is important to our clients. We pride ourselves on maintaining long-term, lasting relationships built on integrity and fostered by trust.
Beyond general financial planning advice, our firm specializes in the areas of investment management and retirement strategies. We understand that most of life’s major goals require a monetary commitment (most notably retirement), so we utilize our expertise in these areas to best ensure our client’s success.
Our firm specializes in investment management and Retirement Strategies. Proper investment management is needed to give you the best chance of making your plans a reality. Thus, we are dedicated to providing the highest quality investment management services available to help you. Also, since retirement is often the ultimate goal, we focus on Retirement Strategies to aid clients through all phases of retirement planning. A successful retirement plan relies heavily on prudent investment management; after all, how you manage your retirement savings determines how much income you can generate from your portfolio. Consequently, our financial advisors use their expertise and experience in both areas to guide clients throughout retirement. |
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General Information |
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| Insurance License#: |
None - Independent
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| Name of Custodial Firm: |
Schwab and Fidelity
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| States Willing to do Business in: |
All
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| Years of Experience in Financial Services: |
13
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| Number of Years with Current Firm: |
13
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| I work with the following types of clients: |
Businesses, Investment Clubs, Individual Investors, Non-Profit Organizations
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Education |
| Academic Background |
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BS, Chemical Engineering - University of California, Santa Barbara (1979)
MBA - Pepperdine University (1981) |
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Services |
| Investment Types: |
Stocks, Annuities, Insurance, Commodities, Mutual Funds, Options & Futures, Alternative Investments, Mortgages & Real Estate, Exchange Traded Funds (ETFs), Real Estate, Bonds, Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant, Accredited Asset Management Specialist (AAMS®), Certified Financial Planner (CFP®), Accredited Wealth Management Advisor(AWMA), Chartered Financial Consultant (ChFC®), Chartered Retirement Plans Specialist (CRPS®)
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| Securities Licenses: |
Series 65, Series 7
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| Insurance and Annuity Licenses: |
Life, Long Term Care, HMO, Health, Annuity
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| Financial Organization Memberships: |
Paladin Registry, National Association of Personal Financial Advisors (NAPFA), 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: |
100
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| Firm's Number of Planning Clients: |
100
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| Firm's Number of Managed Clients: |
100
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| Assets Managed by Firm: |
Yes
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| Advisor's Number of Clients: |
100
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| Advisor's Number of Managed Clients: |
100
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| Advisor's Number of Planning Clients: |
100
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| Assets Managed by Advisor: |
100
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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: |
no min
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| Compensation Methods: |
Flat Fee, Hourly, Based on Assets
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| Fee % Based on Assets: |
1. or less
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| Additional Details on Charges: |
Assets Under Management Annual Tiered Rate
$0 - $1,000,000 1.00%
Above $1,000,000 0.80%
Hourly fees are charged at a rate of $150/hour
Fixed rate job charges are determined upon detailed requirements/needs from potential client. Advisor provides firm, written quote based upon clients needs.
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| Minimum Fee Charged for Managed Accounts: |
$3000
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| Minimum Fee Charged for Hourly Planning Accounts: |
no min
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| Minimum Fee Charged for Flat Fee Accounts: |
no min
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| Prepared By: |
Chuck Gibson |
Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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I do not have a written customer satisfaction policy. A clients satisfaction is of utmost importance so we would do everything necessary to insure it, including but not limited to a refund. |
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| Q. |
What are your qualifications? What is your education background? |
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I am a certified financial planner CFP with the following accredations
AWMA - Accredited Wealth Management Advisor
CHfC 0- Chartered Financial Consultant
CRPS - Chartered Retrirement Plans Specialist
AAWS - Accredited Asset Management Specialist
I have a BS in Chemical Engineering and a Masters in Business Admin (MBA) |
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What is your approach to financial planning? |
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We take a holistic approach to planning. We fell it imperative that before any advice/recommendations in any one area are given that an understanding of the bigger picture is necessary.
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What services do you offer? |
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We offer full financial planning services (2 resident CFP's) but specialize in
1. Retirement planning
2. Investment Management
3. Small Business qualified pension plans (development, implementation and maintenance) |
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How many clients do you currently manage? |
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We have about 110 clients that we provide financial planning services to. |
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Will you be the only person working with me? |
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How are you compensated? How will I pay for your services? |
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I am compensated solely by fees paid by my clients. I work either under an hourly agreement or as a percentage of assets under management. The type of compensation is determined by the clients preference. |
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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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There are two types of accounts
1) discretionary or
2) non-discretionary
The type of account and how I manage will be determined by the client. All agreements will be formalized in writing and agreed upon by both parties. |
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Do you offer any guaranteed results? |
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No. Results are not guaranteed.
Since past performance is no indicator of future results, no one can guarantee results. |
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| Q. |
How much risk should I be willing to take? |
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An good advisor cannot tell a client how much risk should be taken before they have gotten to know them. Understanding the risk tolerance of each client is paramount BEFORE any recommendations will be given. |
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Have you ever been charged with any breaches? |
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No, our record is pristine. |
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What services do you provide? What are your specialties? |
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We provide the entire range of financial planning services but we specialize in retirement planning and investment advisory/mangement. |
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What is your experience? How many clients do you currently manage? |
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I have more than 12 years in the fincial services industry. I currently have about 110 clients, managing more than $55m in assets. |
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What financial institution(s) do you represent? |
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We are an independent financial advisory and as such we do not represent any institution. We do, however use Schwab and Fidelity as our primary custodians for our client accounts. |
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How do you charge for your services? |
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We are only a fee based advisor. As such we sell nothing and the only money made is from fees paid by our clients. We do recommend commission based prodcuts. |
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Do you provide a free initial consultation? |
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Yes, an initial consulation is available at no charge and highly recommended for both the client and advisor to insure a good fit/match. |
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Why should I choose you as my financial advisor? |
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We are a fiduciary, fee-only advisor so you can be sure any recommendations made are in your best interest. We focus on insuring the service provided is as individual as our clients and exceeds their expectation. We offer financial planning services at NO CHARGE to our investment advisory clients. |
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What are your management fees? |
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Our fees are a percentage of assets managed and vary depending upon the total amount in the plan. The range is .3% to 1%/year. |
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What kind of plans do you specialize in? |
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All qualifed defined contribution plans but the majority of our work has been with 401k's and SIMPLE's. |
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Do you have a minimum requirement for number of employees or total investment value? |
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What type of plans do you offer? |
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All defined contribution plans are available |
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Do you offer any additional services? |
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Yes, we provide all the education and management required to insure the plan is qualified and meets all PPA2006 requirements. |
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What are your qualifications? |
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We have been working with individuals and small businesses on their retirement plans for more than 12 years. |
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What is your approach to 401 K plan rollovers? |
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Our approach is to customize each plan to take into consideration the owners desires/needs. Since each situation is different and we have complete flexibiilty in creating a qualified plan we spend the time upfront to identify those areas and insure the plan is established accordingly. |
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How long does the process of rolling over a 401K plan usually take? |
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No more than 5-10 working days |
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What financial institutions do you represent? |
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We are affiliated with Benefit Street who act as the custodian and TPA for our qualified plans |
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How many years of experience do you have? |
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I currently have over 12 years in the investment advisory business |
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What are your fees for this service? |
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Our fees vary depending upon assets in the plan but will typically range from .3 to 1% per year |
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Why should I roll over my 401K plan to your firm? |
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Our low cost and flexibility on creating the best plan allows us a unique edge over the competition. There are no limitations on the choices of investments nor are the proprietary. Your plan will have access to all the best investments available without buried fees unlike most other plans available to small businesses. |
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Do you provide a free initial consultation? |
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