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Business Description |
In Our Client's Interest. Our client's interests come first at Willink Services.
Building Trust starts with no hidden conflicts of interest that would put our business goals ahead of your financial goals. We don't have to sell you anything at all to have a successful relationship. We make it easy for you to assess the benefits that our firm will bring to your situation.
Costs Matter for your Nest Egg. Our transparent and highly competitive fees for Ongoing Investment Management make you an informed consumer, and a wealthier one, at that. |
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General Information |
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| Name of Broker/Dealer: |
None. The firm is an independent registered investment advisor
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| Name of Custodial Firm: |
Trust Company of America and others
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| States Willing to do Business in: |
All States
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| Years of Experience in Financial Services: |
23
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| Number of Years with Current Firm: |
12
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| Work Experience: |
20 years in public and private finance including appointments as the City of Buffalo City Planning Director and Development Commissioner; plus experience as a licensed stockbroker
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| I work with the following types of clients: |
Businesses, Individual Investors, Trusts
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Services |
| Investment Types: |
Can accomodate most annuity owners, Exchange Traded Funds (ETFs), Mutual Funds, Annuities, Stocks, Bonds
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant
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| Securities Licenses: |
Series 63, Series 7
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| Insurance and Annuity Licenses: |
Disability, Variable Life, Long Term Care, Variable Annuity, Annuity, Life
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| Financial Organization Memberships: |
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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| Advisor's Number of Clients: |
50
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| Advisor's Number of Managed Clients: |
39
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| Advisor's Number of Planning Clients: |
50
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| Assets Managed by Advisor: |
$18,000,000
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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: |
$100,000
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| Compensation Methods: |
Hourly, Based on Assets, Flat Fee
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| Fee % Based on Assets: |
.25% to 2%
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| Additional Details on Charges: |
Clients for whom ongoing investment management services will be provided, are charged the lesser of an fixed annual retainer; or a percentage of assets until the amount of the fixed retainer is reached. Prospective clients receive a cost and tax analysis of both the current (if any) and the proposed portfolio
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| Minimum Fee Charged for Managed Accounts: |
$1250
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| Minimum Fee Charged for Hourly Planning Accounts: |
$150
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| Minimum Fee Charged for Flat Fee Accounts: |
$1250
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| Prepared By: |
Fred Fadel, CFP® |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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Clients who terminate services within a short time after retaining the firm may receive a full refund for planning work and a partial refund for ongoing invesment managememt- calculated for each day of unearned service |
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What are your qualifications? What is your education background? |
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graduate studies in city planning and finance
service as the City of Buffalo NY's planning director and development commissioner
twenty years in the financial services industry including the last ten as a financial planner and registered investment advisor or associate |
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| Q. |
What is your approach to financial planning? |
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Our planning sessions helps clients to establish financial goals, consider priorties and trade offs, and test numerous planning "what ifs" under the stresses of market volatility and life events such as the loss of a job, an illness etc. This is typically done so that the results of different plans can be easily and quickly viewed on screen and side by side with other plans of action. |
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What services do you offer? |
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Willink is one of few fee only planning and investment firms in Western NY that markets primarily to middle income affluent clients. The firm offers planning and investment consultations and ongoing investment management |
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How many clients do you currently manage? |
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fifty households and private trusts |
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Will you be the only person working with me? |
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No; there is a support staff of 3 persons; but all planning and investment questions are addressed by me |
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| Q. |
How are you compensated? How will I pay for your services? |
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Willink Asset Managment LLC is a fee-only advisor firm that acts in a fiduciary role on behalf of its clients. Consultations are typically charged an hourly fee with a ceiling. Ongoing investment services are calcualted based upon a percentage of assets that declines as the asset size increases. Both a minimum and a maximum advisor fee are as part of the scale. |
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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. Cients who retain the firm for ongoing investment management services grant the Advisor discretionary authority to trade the account- but only within the guidelines of a formally adopted investment policy statement that includes, among other items, a list of acceptable and uanacceptable investments |
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| Q. |
Do you offer any guaranteed results? |
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How much risk should I be willing to take? |
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As little as you need to confidently achieve your financial goals in a variety of market environments and life events |
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Have you ever been charged with any breaches? |
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Do you provide a free initial consultation? |
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