| Advisor Profile |
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Business Description |
| We practice active management of all accounts. Our investments are subjected to a risk management survey every night and if changes are called for, including going to cash, we implement the next morning when the market opens. We also check client finances for overlooked items including tax implications and inheritance details. Communication is very important to us. We are always available by phone and email plus we have a monthly newsletter to help you stay informed. Our goal is client account success. |
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General Information |
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| Insurance License#: |
939331 Texas
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| Name of Broker/Dealer: |
TD Ameritrade
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| Name of Custodial Firm: |
TD Ameritrade
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| States Licensed in: |
TX CA
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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: |
6
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| Work Experience: |
Securities 1997 to present
Manufacturers Representative 1992 to 1997
Exxon Manager 1979 to 1992
Independent Sales Rep 1976 to 1979
U.S. Air Force pilot 1960 to 1976
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| I work with the following types of clients: |
Businesses, Individual Investors, Trust Accounts
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| Foreign Languages Serviced: |
none English only
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Education |
| Academic Background |
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Troy State University - Business Administration
University of Texas at Dallas - Organizational Behavior |
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Services |
| Investment Types: |
Options & Futures, FOREX & Currency, Mutual Funds, Alternative Investments, Insurance, Annuities, Stocks, Bonds, Exchange Traded Funds (ETFs), Life settlement, Commodities, Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Securities Licenses: |
Series 65
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| Insurance and Annuity Licenses: |
Long Term Care, Health, Accident, Annuity, Variable Annuity, Life, Variable Life
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| Financial Organization Memberships: |
National Association of Personal Financial Advisors (NAPFA)
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| Non-Financial Organization Memberships: |
Military Oficers Association
Association for Technical Analysis
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| Firm's Number of Clients: |
30
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| Firm's Number of Planning Clients: |
0
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| Firm's Number of Managed Clients: |
30
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| Assets Managed by Firm: |
$2,000,000
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| Advisor's Number of Clients: |
30
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| Advisor's Number of Managed Clients: |
30
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| Advisor's Number of Planning Clients: |
0
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| Assets Managed by Advisor: |
$2,000,000
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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 |
| Fee Structure: |
I am a fee-based financial professional
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| Minimum Portfolio Size for New Managed Accounts: |
$100,000
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| Compensation Methods: |
Based on Assets, Flat Fee, Commissions
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| Fee % Based on Assets: |
1.0%
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| Additional Details on Charges: |
Management of account 1.0%
Annuities and Life Settlement commission as stated by carrier
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| Prepared By: |
Marvin Slater |
Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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No refunds but we will suspend management and associated charges immediately upon request. |
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| Q. |
What are your qualifications? What is your education background? |
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A graduate degree in Finance, series 3, series 65 and insurance licenses. |
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| Q. |
What is your approach to financial planning? |
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We complete a fact finding form to determine client needs then discuss the plan with the client. We use a risk managed daily adjusted system based on research using standard and alternative investments that are proven to avoid market failures and provide greater safety. |
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| Q. |
What services do you offer? |
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401(k) management, rollover retirement accounts, trust account Financial Advisor, self-managed account monitoring and implementation, financial plan implementation and design, life and health insurance. |
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| Q. |
How many clients do you currently manage? |
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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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Flat 1.0% of account size under management. For annuities and insurance commission as determined by carrier. |
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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. You give power of attorney for investment decisions so that there is no delay in investment implementation. All investments are subsequently discussed and explained. You are kept informed. |
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| Q. |
Do you offer any guaranteed results? |
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I can't guarantee the performance of the market or our investments, in fact, the SEC and state regulators will not allow it. I am, however, invested in the same portfolio that you are. |
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How much risk should I be willing to take? |
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We will discuss that and determine a proper and comfortable level before we start. |
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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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401(k) management, rollover retirement accounts, trust account Financial Advisor, self-managed account monitoring and implementation, financial plan implementation and design, life and health insurance. |
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| Q. |
What is your experience? How many clients do you currently manage? |
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I have been in finance for 13 years and currently mange 30 accounts. |
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| Q. |
What financial institution(s) do you represent? |
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I am an independent Investment Advisor and use TD Ameritrade and Interactive Brokers as custodians and brokers. |
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| Q. |
How do you charge for your services? |
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Flat 1.0% of account size under management. For annuities and insurance commission as determined by carrier. |
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Do you provide a free initial consultation? |
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Why should I choose you as my financial advisor? |
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I have a clean record, I put my money in the same investments as my clients and I put myself in front of the console every day monitoring client accounts so I can be prepared to make changes or go to cash if needed immediately if the market dictates. |
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| Q. |
What are your management fees? |
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I manage your 401(k) for 1.0% of account size. |
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| Q. |
What kind of plans do you specialize in? |
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Each financial plan is designed for specically the client so I have wealth building plans, college savings plans, retirement plans and trust accounts. |
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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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Managed and self-directed plans. |
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Do you offer any additional services? |
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I also offer life and health insurance. |
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What are your qualifications? |
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A graduate degree in Finance, series 3, series 65 and insurance licenses. |
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What is your approach to 401 K plan rollovers? |
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Review client needs and previous investments. Analyze tax implications. Determine benefiary needs. Check for hidden flaws. Design plan. Get client approval. Manage plan. Communicate frequently. |
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| Q. |
How long does the process of rolling over a 401K plan usually take? |
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Usually 2 weeks to transfer assets then changes vary depending on needs and market conditions. I acquire assets when it is favorable to us. |
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What financial institutions do you represent? |
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I am an independent Investment Advisor and use TD Ameritrade and Interactive Brokers as custodians and brokers. |
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| Q. |
How many years of experience do you have? |
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I have been investing client assets for 13 years. |
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| Q. |
What are your fees for this service? |
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Flat 1.0% of account size under management. For annuities and insurance commission as determined by carrier. |
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| Q. |
How many 401K rollover clients do you currently manage? |
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| Q. |
Why should I roll over my 401K plan to your firm? |
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I have a clean record, I put my money in the same investments as my clients and I put myself in front of the console every day monitoring client accounts so I can be prepared to make changes or go to cash if needed immediately if the market dictates. |
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Do you provide a free initial consultation? |
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