| Advisor Profile |
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| Name: |
Todd Kernaghan |
| Phone Number: |
(512) 402-8365 |
| Website: |
Visit Website
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| Disclaimer |
| Representative registered with and securities and advisory services offered through PlanMember Securities Corporation, a registered broker/dealer, investment advisor and member FINRA/SIPC. 6187 Carpinteria Ave., Carpinteria, CA 93013 * (800) 874-6910. Austin Wealth Resources and PlanMember Securities Corporation are independently owned and operated. PlanMember Securities and its Representatives do not offer tax or legal services. |
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Business Description |
| Independent fee based financial and estate planning firm that utilizes innovative and seldom known strategies to achieve the goals of our clients. |
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General Information |
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| States Licensed in: |
AZ, CA, CO, GA, MT, OK, TX
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| Years of Experience in Financial Services: |
11
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| Number of Years with Current Firm: |
11
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| I work with the following types of clients: |
Businesses, Non-Profit Organizations, Individual Investors
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Services |
| Investment Types: |
Mutual Funds, Annuities, Insurance
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Certified Public Accountant (CPA), Personal Financial Specialist (PFS)
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| Securities Licenses: |
Series 63, Series 6, Series 65
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| Insurance and Annuity Licenses: |
Long Term Care, Variable Annuity, Variable Life, Life, Annuity
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| Financial Organization Memberships: |
American Institute of Certified Public Accountants (AICPA)
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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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: |
$250,000
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| Compensation Methods: |
Based on Assets, Commissions, Flat Fee
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| Prepared By: |
Todd Kernaghan |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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What are your qualifications? What is your education background? |
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I am a Certified Public Accountant, Personal Financial Specialist and Investment Advisor Representative. I have a Masters in Taxation degree from Arizona State University. |
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What is your approach to financial planning? |
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I utilize a 7 one hour meeting process, with each meeting covering a different topic such as taxes in depth, to fully evaluate each client's financial needs, goals and solutions. |
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What services do you offer? |
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I offer fee based financial, retirement and estate planning. I also provide life and long-term care insurance, annuities and investment advisory services. |
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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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I am compensated in multiple ways including billed planning fees, commissions on purchased insurance contracts and investment advisory management fees. |
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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. Those decisions will be made by the registered investment advisor managing your account based on your risk tolerance and profile. |
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How much risk should I be willing to take? |
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That will depend on several factors including, but not limited to, your current age, job status, pensions, other assets, etc. |
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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 provide fee based financial, retirement and estate planning. I also use independent registered investment advisors to manage my clients' investments. We specialize in asset protection planning, investment advisory services and arbitrage. |
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What is your experience? How many clients do you currently manage? |
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I have owned my own independent firm since January 1999. I currently manage 300 clients. |
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What financial institution(s) do you represent? |
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Since I am independent, I represent most mutual fund companies and insurance companies. I am also an investment advisor representative for USA Wealth Management and PlanMember Services. |
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How do you charge for your services? |
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I charge planning fees. In addition, there are management fees for any investment advisory services performed. |
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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 utilize strategies to benefit my clients that very few other advisors know such as Dynasty Trust planning to divorce, creditor and estate tax proof a client's assets and arbitrage to increase retirement income or create money for charities to name a few. |
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What are your management fees? |
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They vary based on plan size. Existing plans with $3,500,000 or more in assets can be converted at no charge to the plan sponsor. Our plans allow for employees to self direct their investments or utilize a registered investment advisor and their advisory services. |
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Do you have a minimum requirement for number of employees or total investment value? |
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Yes. We have a minimum plan size of $500,000. |
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What type of plans do you offer? |
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All qualified plans including 401(k), 403(b), SEP and defined benefit plans. |
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Do you offer any additional services? |
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Yes. Plan participants, on a voluntary basis, can hire me for fee based financial and estate planning. I also can provide life and long-term care insurance and annuities. |
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What is your approach to 401 K plan rollovers? |
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Each client has different needs and goals. A thorough evaluation of a client's existing assets, risk tolerance and income needs is conducted to determine recommendations. |
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How long does the process of rolling over a 401K plan usually take? |
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It can vary by employer, but generally less than 30 days. |
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What financial institutions do you represent? |
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Since I am independent, I represent most mutual fund companies and insurance companies. In addition, I am an investment advisor representative for independent registered investement advisor firms. |
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How many years of experience do you have? |
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I have owned my own practice since January 1999. |
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What are your fees for this service? |
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Fees vary by recommendation and size of rollover. |
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Why should I roll over my 401K plan to your firm? |
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Since I am independent, I can offer customized solutions to each client based on the client's needs and objectives. |
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Do you provide a free initial consultation? |
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