| Advisor Profile |
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ADV Form II Link:
Current Wellness Financial A...
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| Disclaimer |
| Wellness Financial Advisers LLC (WFA) is a Registered Investment Advisory Firm regulated by the State of Ohio in accordance and compliance with applicable securities laws and regulations. WFA does not render or offer to render personalized investment advice through this medium. This medium is limited to dissemination of general information on WFA?s client service offerings and provides for an efficient method in which a prospective client may contact WFA. The information provided herein is for informational purposes only and does not constitute financial, investment or legal advice. Investment advice can only be rendered after delivery of the delivery of the WFA?s disclosure statement (Form ADV Part II) by WFA and execution of an investment advisory agreement between the client and WFA.
Wellness Financial Advisers LLC (WFA) may transact business only in States where it has completed a registration filing or is exempted from registration. WFA must also be registered or exempted from registration in any state in which it responds to persons in that state to effect or attempt to effect the rendering of personalized investment advice for compensation.
General investment, financial planning or other information shown on this site are for illustration purposes only. Investment and financial planning is long-term oriented. Any strategies that you consider implementing or changes in your financial situation should be brought to the attention of your professional Investment Advisor.
The information available on this site is of general nature, and should not be construed as investment or financial advice. Please contact your professional Registered Investment Adviser regarding your specific investment planning needs. |
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Business Description |
Wellness-Financial is led by a Registered Financial Consultant and Registered Investment Adviser. Founded in 2003, our staff brings over 40 years of financial services experience to serve your needs. We offer financial services related to investments, college funding, retirement savings, insurance, individual tax preparation, and general budget counseling.
Wellness-Financial merges the wisdom of the ages and modern financial services to achieve financial health. Our strategies are timeless, transcendent, accurate, universal, and practical. By protecting your health, wealth and lifestyle, you can enjoy financial peace of mind. |
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General Information |
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| Insurance License#: |
698830
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| Name of Custodial Firm: |
TradePMR, Inc.
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| States Licensed in: |
OH, TX, MI, IN, NC, VA, WA
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| States Willing to do Business in: |
ALL
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| Years of Experience in Financial Services: |
24
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| Number of Years with Current Firm: |
6
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| I work with the following types of clients: |
Non-Profit Organizations, Individual Investors, Businesses, Clergy
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Education |
| Academic Background |
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BSEE, United States Naval Academy
MBA, University of New Haven |
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Services |
| Investment Types: |
Annuities, Mutual Funds, Insurance, Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Registered Financial Consultant (RFC)
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| Securities Licenses: |
Series 65, Series 6, Series 26, Series 63
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| Insurance and Annuity Licenses: |
Variable Life, Disability, Variable Annuity, Long Term Care, Life, Health, Accident, Annuity
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| Financial Organization Memberships: |
IARFC
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| Non-Financial Organization Memberships: |
Kingdom Advisors
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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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Compliance |
| Registered Investment Advisor: |
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: |
$0
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| Compensation Methods: |
Hourly, Flat Fee, Commissions, Based on Assets
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| Fee % Based on Assets: |
Schedule
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| Additional Details on Charges: |
Form ADV II is provided as a part of the initial consultation. It discloses the full fee schedule. No investment advisory contract may be signed until at least 48 hours has elapsed since delivery of the Form ADV II.
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| Prepared By: |
Rob Burnette |
Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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Yes. Together we define the expectations of each other and make that a part of an Investment Advisory Contract. Nearly all payment for work and asset management fees are billed in arrears, so there is seldom a need for a refund. |
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| Q. |
What are your qualifications? What is your education background? |
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I am a Registered Financial Consultant and have completed the education curriculum for financial planners designated by the Certified Financial Planner Board of Standards, Inc. I hold licenses for insurance and investment advisory services. I also hold a Master of Business Administration and Bachelor of Science in Electrical Engineering. I started in the financial services industry in 1985. |
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What is your approach to financial planning? |
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I am a strong believer in wealth preservation with reasonable expectations for long term growth of assets. For retirement accounts, the assets needed to fund lifestyle in retirement need to be in very safe financial vehicles and not subject to significant market fluctuations. Risk tolerance is carefully assessed and investment models are selected. All investment models are actively managed |
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What services do you offer? |
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Investment advice and portfolio management on a fee-only basis, insurance products (life, health, long term care, disability, annuities), college funding planning, and tax preparation for individuals, families, clergy, and small business owners. |
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| Q. |
Will you be the only person working with me? |
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In most cases, yes. If we need the services of another professional (lawyer, accountant, etc.), then these resources will be brought in or you can use resources you already have a relationship with. I am happy to work with other financial and legal professionals to achieve you overall objectives. |
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How are you compensated? How will I pay for your services? |
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As a Registered Investment Advisor, my fee schedule is a matter of public record and will be provided as a part of our initial discussion. For tax preparation and college funding planning, I am also compensated on a fee basis. I receive commissions on insurance products that are included as a part of a strategy we implement. |
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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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Absolutely! I will give advice on courses of action, but your specific permission will be required before I execute any transactions on your behalf. Also, if you insist on implementing a financial transaction that I deem inadvisable, I will ask that you since an acknowledgment that I do not concur with the action before the transaction takes place. |
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Do you offer any guaranteed results? |
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Guarantees of performance are not available on investments -- anyone who claims otherwise is in violation of securities law. Insurance products are guaranteed to the extent of the claims paying ability of the issuing insurance company. The only guarantee I can give is I will provide my best professional effort in all of the services I provide. |
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How much risk should I be willing to take? |
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Risk tolerance is a personal choice and investment models can be constructed to meet your left of comfort with risk. I cannot accept a client who has a risk tolerance inconsistent with performance objectives. |
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| Q. |
Have you ever been charged with any breaches? |
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What carrier(s) do you represent? |
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I am an independent agent and have over 30 companies available to select from. This breadth of companies allows me to place cases with the best fit for your needs. No one company handles all cases well and have their "sweet spot" for the kinds of business they will accept. |
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| Q. |
Are there any pre-existing conditions that you can not cover? |
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This is driven by the kinds of conditions that the underwriters will accept. Some are outright rejections while others have incur a temporarily higher rate, permanent higher rate, or and exclusion (time-limited or permanent). This also varies among companies. When we discuss your specific situation, those questions can be addressed. |
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| Q. |
How long does it take to complete the application and approval process? |
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This depends on the service and product. Contact me with your request and I can give general guidance. The uniqueness of each individual makes a precise answer impractical. |
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Is there a maximum age that you can insure? |
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This is driven by the underwriting guideline for the insurance companies and depends on the product involved. Getting an insurance product approved for someone older than 90 is a challenge. |
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What services do you provide? What are your specialties? |
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I am a life advisor that specializes in money. Overall financial assessment, planning, budgeting, tax considerations, and risk management is the focus of my work with clients. Other services include investment advice and portfolio management specializing in retirement accounts, college funding planning, tax preparation, and personal insurance products. |
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What is your experience? How many clients do you currently manage? |
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I am a Registered Financial Consultant and have completed the education curriculum for financial planners designated by the Certified Financial Planner Board of Standards, Inc. I am a licensed insurance agent and investment advisor. I have a Master of Business Administration (MBA) and Bachelor of Science in Electrical Engineering. I began in 1985, adding investment advisory services in 2004. |
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What financial institution(s) do you represent? |
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I am an independent Registered Financial Advisor. As such, I am able to connect clients with products and services from a wide variety of providers. |
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How do you charge for your services? |
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As a Registered Investment Advisor, my fee schedule is a matter of public record and will be provided as a part of our initial discussion. For tax preparation and college funding planning, I am also compensated on a fee basis. I receive commissions on insurance products that are included as a part of a strategy we implement. |
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Do you provide a free initial consultation? |
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Yes. I don't know if I can help you until we chat. The initial consultation takes an hour or so. You will receive a copy of my Form ADV II (a matter of public record that includes my fee structure), and example copy of my Investment Advisory Contract with Privacy Policy, and at least 48 hours to decide whether not not you want to enter into an investment advisory relationship with me. |
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Why should I choose you as my financial advisor? |
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For a long term investment advisory relationship to work, we need to choose each other. My skills and abilities need to line up with your objectives. We need to trust each other -- you need to trust that I will always meet my fiduciary responsibility to keep your interests ahead of mine and I need to trust you to be completely honest with me. Until we meet, we cannot determine the answer. |
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What are your management fees? |
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My fees are fully disclosed in my Form ADV II that I will provide at our first meeting (this form is also a matter of public record). |
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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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I work with the usual defined contribution plans such as 401(k), 403(b) SEP IRA, SIMPLE IRA, etc. |
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Do you offer any additional services? |
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I will conduct 404(c) education training and offer individual meetings to discuss the employer's plan as a part of their total financial picture. |
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What are your qualifications? |
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I am a Registered Financial Consultant and have completed the education curriculum for financial planners designated by the Certified Financial Planner Board of Standards, Inc. Currently I hold licenses for personal insurance and investment advisory services. I also hold a Master of Business Administration and Bachelor of Science in Electrical Engineering. |
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What is your approach to Education Planning? |
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I believe education planning is shared between the parent and the student. The most successful plans are started will before the student enters high school and has an expectation that the student will be responsible for a share of the funding. We look for tax-efficient funding vehicles and apply my knowledge of financial aid rules and procedures to maximize your "need". |
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How long does the process of setting up an Education Plan usually take? |
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The plan can be set up within a few weeks. The more important part is getting started early. |
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What financial institutions do you represent? |
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I am independent and not constrained to recommend any specific strategy. |
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What are your fees for this service? |
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This depends on how extensive the plan is and how much you want me to do. |
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Why should I work with you on setting up an Education Plan? |
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For a long term advisory relationship to work, we need to choose each other. My skills and abilities need to line up with your objectives. Most importantly, we need to trust each other - you need to trust that I will always meet my fiduciary responsibility to keep your interests ahead of mine and I need to trust you to be completely honest with me. Until we meet, we cannot determine the answer. |
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Do you provide a free initial consultation? |
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Yes. I don't know if I can help you until we chat. The initial consultation takes an hour or so. |
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What are your qualifications? |
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I am a Registered Financial Consultant and have completed the education curriculum for financial planners designated by the Certified Financial Planner Board of Standards, Inc. Currently I hold licenses for personal insurance and investment advisory services. I also hold a Master of Business Administration and Bachelor of Science in Electrical Engineering. |
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What is your approach to 401 K plan rollovers? |
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I am a strong believer in wealth preservation with reasonable expectations for long term growth of assets. For retirement accounts, the assets needed to fund lifestyle in retirement need to be in very safe financial vehicles and not subject to significant market fluctuations. Risk tolerance is carefully assessed and investment models are selected. All investment models are actively managed. |
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How long does the process of rolling over a 401K plan usually take? |
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The documentation usually takes an hour or so. the process of transferring the assets in your old account and rolling it to the new account is strongly dependent on your current plan provider. I have seen the process take a few days or a few months. I monitor the process and can advise on how to accelerate a slow provider. |
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What financial institutions do you represent? |
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I am an independent advisor and have a wide variety of providers available to customerize a plan for you. |
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How many years of experience do you have? |
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I started in the financial services business and received my initial securities license in 1985. I added investment advisory services in 2004. |
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What are your fees for this service? |
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My fees are fully disclosed in my Form ADV II that I will provide at our first meeting (this form is also a matter of public record). |
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Why should I roll over my 401K plan to your firm? |
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For a long term investment advisory relationship to work, we need to choose each other. My skills and abilities need to line up with your objectives. We need to trust each other -- you need to trust that I will always meet my fiduciary responsibility to keep your interests ahead of mine and I need to trust you to be completely honest with me. Until we meet, we cannot determine the answer. |
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Do you provide a free initial consultation? |
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Yes. I don't know if I can help you until we chat. The initial consultation takes an hour or so. You will receive a copy of my Form ADV II (a matter of public record that includes my fee structure), and example copy of my Investment Advisory Contract with Privacy Policy, and at least 48 hours to decide whether not not you want to enter into an investment advisory relationship with me. |
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