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Business Description |
ALCUS Financial Group, LLC, a Registered Investment Advisor headquartered in Mount Pleasant, SC, provides comprehensive, fee-based financial planning services to individuals and investment advisory services to both individuals and small businesses.
We serve clients nationwide with the majority residing in South Carolina, California, and New York.
Our commitment is in helping our clients make smart decisions about their money so they can create the life they want. This is accomplished by focusing on sound, disciplined investment strategies.
Recognizing the value of the trust our clients place in us, we aspire to provide a high quality professional service that exceeds expectations.
ALCUS Financial Group, LLC has directly managed investable assets for individual and small business clients since 1999. |
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General Information |
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| Insurance License#: |
SC, CA, NY
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| Name of Broker/Dealer: |
N/A
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| Name of Custodial Firm: |
TD Ameritrade
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| States Licensed in: |
SC, NY, CA
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| States Willing to do Business in: |
All States
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| Years of Experience in Financial Services: |
12
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| Number of Years with Current Firm: |
10
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| I work with the following types of clients: |
Businesses, Individual Investors
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| Foreign Languages Serviced: |
Spanish, Italian
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Education |
| Academic Background |
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BS, Electrical Engineering (1988)
MBA (1998) |
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Services |
| Investment Types: |
Options & Futures, Mutual Funds, Commodities, Insurance, Annuities, Stocks, Bonds, Exchange Traded Funds (ETFs), Alternative Investments
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant, Chartered Financial Consultant (ChFC®)
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| Insurance and Annuity Licenses: |
Long Term Care, Life, Disability, Health, Accident, Annuity
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| Financial Organization Memberships: |
Financial Planning Association (FPA)
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| Non-Financial Organization Memberships: |
VFW
MENSA
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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: |
55
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| Firm's Number of Planning Clients: |
10
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| Firm's Number of Managed Clients: |
55
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| Assets Managed by Firm: |
$10,000,000
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| Advisor's Number of Clients: |
55
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| Advisor's Number of Managed Clients: |
55
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| Advisor's Number of Planning Clients: |
10
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| Assets Managed by Advisor: |
$10,000,000
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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 |
| Fee Structure: |
I am a fee-based financial professional
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| Compensation Methods: |
Hourly, Flat Fee, Based on Assets
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| Minimum Fee Charged for Managed Accounts: |
$0
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| Minimum Fee Charged for Hourly Planning Accounts: |
$0
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| Minimum Fee Charged for Flat Fee Accounts: |
$0
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| Prepared By: |
Joseph Baker, CFP® |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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If you are not satisfied with our service, you can terminate our agreement and receive a prorated amount of our fee based on services rendered. |
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| Q. |
What are your qualifications? What is your education background? |
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I am a Certified Financial Professional (CFP). I also have a Electrical Engineering Degree as well as a Masters in Business Administration. |
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What is your approach to financial planning? |
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We look at your entire financial picture, including your risk tolerance, time horizon, and what you want your money to do for you. |
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| Q. |
What services do you offer? |
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We offer investment management services for individuals and small businesses for either a flat annnual fee or for 1% of the account asset value. |
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| Q. |
How many clients do you currently manage? |
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I personally manage accounts for 44 households and manage 3 401k plans with approximately 200 participants. |
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Will you be the only person working with me? |
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Yes. However, there may be interaction with adminstrative personnel on non-financial matters. |
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How are you compensated? How will I pay for your services? |
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I am compensated on a fee-based model: typically 1% of your account value annually. For one-time items, I am paid on an agreed upon flat fee. I may also be compensated on an annual retainer fee as well. |
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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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We will not be obtaining your permission for every trade in your account. We will trade the account as needed to meet your stated goals. |
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Do you offer any guaranteed results? |
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No. We cannot legally offer guaranteed results. |
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| Q. |
How much risk should I be willing to take? |
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that depends on several factors which can be answered via our Risk Profile Questionnaire. |
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Have you ever been charged with any breaches? |
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No. Our records are clean. |
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| Q. |
What services do you provide? What are your specialties? |
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Fee-based asset management for individuals.
Fee-based advisory services for small business retirement plans.
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| Q. |
What is your experience? How many clients do you currently manage? |
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I have been in the financial services industry since 1996. I personally manage 44 households and 3 401k plans. |
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| Q. |
What financial institution(s) do you represent? |
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We represent only ALCUS Financial. |
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How do you charge for your services? |
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Fee-based, flat fee, annual retainer and/or a per hour basis. |
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Do you provide a free initial consultation? |
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Yes, we provide a free initial consultation. |
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| Q. |
Why should I choose you as my financial advisor? |
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We are completley independent and are not obligated to offer any particular products. Our recommendations are based on your situation, not on what products we have to sell. |
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What are your management fees? |
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Typically, we charge a 50bps annual management fee. |
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What kind of plans do you specialize in? |
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We specialize in defined benefit pension plans and defined contribution plans such as 401k plans. |
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Do you have a minimum requirement for number of employees or total investment value? |
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No, we have no minimum requirements. |
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What type of plans do you offer? |
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We offer the plan that is best suited for your company. |
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Do you offer any additional services? |
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We offer advisory services for each participant if requested. |
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What are your qualifications? |
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I am a Certified Financial Professional (CFP). I also have a Electrical Engineering Degree as well as a Masters in Business Administration. |
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| Q. |
What is your approach to 401 K plan rollovers? |
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Every situation is different. There is no boiler plate solution. |
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How long does the process of rolling over a 401K plan usually take? |
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The process usually takes 3 weeks. |
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What financial institutions do you represent? |
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We are completley independent and are not obligated to offer any particular products. |
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| Q. |
How many years of experience do you have? |
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I personally have 13 years experience in the industry. |
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What are your fees for this service? |
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I am compensated on a fee-based model: typically 1% of your account value annually. For one-time items, I am paid on an agreed upon flat fee. I may also be compensated on an annual retainer fee as well. |
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| Q. |
How many 401K rollover clients do you currently manage? |
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We manage approximately 28 401k rollover clients. |
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Why should I roll over my 401K plan to your firm? |
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We are independent, low-cost, and act as a fiduciary in the best interest of our client, you! |
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| Q. |
Do you provide a free initial consultation? |
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Yes, we provide a free initial consultation. |
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