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| Securities, Advisory Services and Financial Planning Offered through LPL Financial, Member FINRA/SIPC |
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Business Description |
Welcome to Main-Street!
If you and your family are seeking answers to your every-day, main-street financial questions, then you've come to the right place. That's because John Colegrove specializes in Retirement Income Planning for Georgia Families. And we are located in your neighborhood, across Peachtree Parkway from the Wesleyan School in Norcross. Our broker dealer is LPL Financial, which for 14 years has been the #1 independent broker dealer in the Nation.* Think of LPL Financial like CarMax. CarMax doesn't make their own cars and LPL Financial doesn't make its own investment funds. That's what makes us independent and able to serve your main-street financial concerns.
First Meeting and Your Expectations:
Through our complimentary first meeting, I will introduce my services and ask questions in order to paint a clear picture of your financial planning needs. And since there is no charge or obligation at the initial meeting, you and your family are in the driver's seat.
Services Offered:
1. Fee-based Services: Starting at $299, we analyze your "retirement gap" and develop a manageable plan of action to address your future retirement income needs.
2. IRA account management: Regardless if you need help with a Roth or a 401k-IRA Rollover, we have a choice to fit most needs, including fee-based asset management through LPL Financial.
3. 401k Help for Small Business Owners: We also specialize in 401k retirement planning for Georgia Small Business owners.
*Based on total revenues as reported in Financial Planning magazine, June 1996-2009. |
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General Information |
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| Name of Broker/Dealer: |
LPL Financial
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| States Licensed in: |
AL, FL, GA, MA, MN, NC, SC, VA, WA
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| States Willing to do Business in: |
GA
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| Years of Experience in Financial Services: |
8
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| Number of Years with Current Firm: |
8
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| Work Experience: |
2001-Current
LPL Branch Manager and Retirement Income Specialist with LPL Financial in Norcross, GA
2000-2001
Band Director at Athens Academy
1996-1999
Graduate Teaching Assistant at UNC-Greensboro and Instructor at Wake Forest University
1995-1996
New Car Salesman, Barrett Dodge in Athens, GA
1993-1995
Graduate Assistant Director of Bands at the University of Notre Dame
1987-1993
Undergraduate Student at the University of Georgia
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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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RIS - Retirement Income Specialist Designation, Institute of Business and Finance, 2006
DMA - UNC Greensboro (1999)
MM - University of Notre Dame (1995)
BM - University of Georgia (1993) |
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Services |
| Investment Types: |
Alternative Investments, Mutual Funds, Annuities, Insurance
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Retiement Income Specialist (RIS)
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| Securities Licenses: |
Series 7, Series 24, Series 63, Series 66
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| Insurance and Annuity Licenses: |
Disability, Variable Annuity, Long Term Care, Variable Life, Life, Annuity, Health, HMO
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| Non-Financial Organization Memberships: |
Volunteer Organizations:
I currently serve as the President of the UGA Redcoat Band Alumni Association. Previously, I served as the President of my local Homeowners Association.
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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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| Advisor's Number of Clients: |
150
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| Advisor's Number of Managed Clients: |
50
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| Advisor's Number of Planning Clients: |
40
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| Assets Managed by Advisor: |
$10,000,000
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Compliance |
| Registered Representative: |
Yes
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| Investment Advisor Representative: |
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-based financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
$100,000
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| Compensation Methods: |
Hourly, Flat Fee, Commissions, Based on Assets
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| Fee % Based on Assets: |
1.25
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| Additional Details on Charges: |
All potential fees will be discussed during the first meeting and no fees will be assessed without written client authorization.
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| Prepared By: |
Dr. John Colegrove |
Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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No. But revisions to financial plans will be made prior to final delivery. |
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| Q. |
What are your qualifications? What is your education background? |
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I am a Retirement Income Specialist, which is a designation held by less than 1% of financial advisors. Additionally, I’m licensed as an LPL Branch Manager. In my prior career, I aspired to teach college music and marching band and therefore, my degrees are in the field of music. I have a doctorate from UNC Greensboro, a masters from the University of Notre Dame, and a bachelors from UGA. |
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What is your approach to financial planning? |
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I believe that it is the right of all Americans to live a dignified lifestyle in retirement and therefore, I focus my efforts on helping clients achieve that goal. |
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What services do you offer? |
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financial planning, investment management, 401k and IRA rollovers, insurance planning |
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How many clients do you currently manage? |
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Approximately 150 households |
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Will you be the only person working with me? |
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As your advisor yes, but my office manager will also take care of administrative tasks on your behalf. |
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How are you compensated? How will I pay for your services? |
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Depending on your preference, my sercices are available through either fee-based or commission-based compensation. |
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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 offer discretionary accounts, which means that we can transact trades on your behalf. But a discretionary-type account may or may not be the right fit for you, so we should talk first. |
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Do you offer any guaranteed results? |
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No. The only guarantees in the securities industry are guarantees that are backed by the claims-paying ability of insurance companies. |
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How much risk should I be willing to take? |
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Each and every investor brings a different set of experience and emotions to an advisor-client relationship. We will discuss risk and develop a portfolio that is suitable for you. |
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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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I specialize in Retirement Income Planning for Georgia Families, which can encompass many services, including: a gap analysis of your future retirement income, fee-based financial planning, investment management of IRAs, 401k advising for small-business 401k plans. |
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What is your experience? How many clients do you currently manage? |
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I have 8 years experience as a financial advisor and I manage approximately 150 households regarding client relationships. |
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What financial institution(s) do you represent? |
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LPL Financial is my broker dealer. My affiliation with LPL Financial permits me to offer a multitude of leading investment vendors to my clients. |
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How do you charge for your services? |
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Fee-based and/or commission-based |
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Do you provide a free initial consultation? |
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Yes. The intital consultation is complimentary. |
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Why should I choose you as my financial advisor? |
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I specialize in helping Georgia families realize the dream of living a dignified lifestyle in retirement. If you are searching for a trusted and experienced financial advisor who looks out for the interests of main-street families instead of Wall Street interests, then you've come to the right place. |
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What are your qualifications? |
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Retirement Income Specialist (RIS); LPL Branch Manager (Registered Principal) 8 years experience as a financial advisor; FINRA Licenses: Series 7, 63, 66, and 24. Insurance Licensed for Life, Health, Disability, and fixed and variable insurance products. |
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What is your approach to 401 K plan rollovers? |
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I believe in utilizing the assets of a 401k rollover in appropriate investment products in order to suit the long-term retirement goals of clients. |
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How long does the process of rolling over a 401K plan usually take? |
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My experience has been that a rollover can be complete in as little as 1 week to several weeks. But the average is around 2 weeks. It depends mostly on how quickly your old 401k plan provides the necessary rollover forms. |
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What financial institutions do you represent? |
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LPL Financial is my broker dealer. My affiliation with LPL Financial permits me to offer a multitude of leading investment vendors to my clients. |
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How many years of experience do you have? |
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What are your fees for this service? |
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For rollover accounts, you can choose to compensate depending on your choice of a fee-based (advisory) or commission-based investment account. |
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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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If you would like to utilize the services of a specialist in the 401k rollover market, who is backed by the #1 independent broker dealer in the nation (LPL Financial), then choosing John Colegrove as your financial advisor may be worth your consideration. |
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Do you provide a free initial consultation? |
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Yes. The first meeting is complimentary and without obligation. |
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