| Advisor Profile |
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| Name: |
Paul Zalduendo |
| Phone Number: |
(630) 413-9695 |
| Website: |
Visit Website
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Business Description |
Z Group Financial is a full-service independent firm whose founder has over 25 years of experience in the financial services industry. We specialize in retirement planning, estate conservation and business planning.
Z Group Financial is committed to providing exemplary financial service, while demonstrating the highest standards of ethics, professional knowledge and confidentiality. We are in the business of advising clients who want to develop and implement an intelligent, effective, long-term investment strategy that is customized to their personal and/or business goals and resources. We emphasize regular, interactive communication as our best resource for providing the type of service you deserve. |
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General Information |
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| Name of Broker/Dealer: |
Woodbury Financial Services
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| States Licensed in: |
IL, CA, FL, MA, IN, CO
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| States Willing to do Business in: |
IL, IN, WI, MI, FL, MA, CA, CO, IA
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| Years of Experience in Financial Services: |
3.5
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| Number of Years with Current Firm: |
3
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| Work Experience: |
My firm and I have worked with a wide variety of clients ranging from individuals with small portfolios to lifelong professionals with large personal wealth. We also deal with a variety of corporate retirement plans for local businesses.
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| I work with the following types of clients: |
Non-Profit Organizations, Individual Investors, Businesses
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| Foreign Languages Serviced: |
Spanish
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Education |
| Academic Background |
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Graduate of University of Illinois, BS
Graduate of Benet Academy High School |
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Services |
| Investment Types: |
REITS, Stocks, Bonds, Annuities, Insurance, Mutual Funds, Options & Futures, Alternative Investments, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Securities Licenses: |
Series 7, Series 66
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| Insurance and Annuity Licenses: |
Variable Life, Disability, Annuity, Long Term Care, Life, Variable Annuity, Health
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| Non-Financial Organization Memberships: |
Downers Grove Area Chamber of Commerce and Industry
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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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| Firm's Number of Clients: |
300+
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| Firm's Number of Planning Clients: |
120+
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| Assets Managed by Firm: |
$30,000,000
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Compliance |
| Registered Investment Advisor: |
Yes
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| 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: |
$50,000
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| Compensation Methods: |
Based on Assets, Commissions, Flat Fee
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| Additional Details on Charges: |
We have a variety of ways to work with clients. Depending on the needs of each client, we can choose to set up a fee based planning arrangement or if the client prefers, we can use a commission based arrangement.
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| Minimum Fee Charged for Managed Accounts: |
0.7
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| Prepared By: |
Paul Zalduendo |
Frequently Asked Questions |
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What is your approach to financial planning? |
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My approach to financial planning is making sure that we develop a comprehensive plan. It is important to include a variety of different factors and goals. We always work hand in hand with our clients to make sure they understand what we are recommending and they are comfortable with the plan. |
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What services do you offer? |
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We offer a wide range of services. We develop accumulation strategies as well as income strategies for retirement planning. We offer education savings plans and other more generic savings strategies. We also provide life insurance and long term care solutions. |
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Will you be the only person working with me? |
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I work in cooperation with the other advisors in our firm to provide the clients experience and expertise in a variety of areas. |
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How are you compensated? How will I pay for your services? |
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I am compensated in a variety of ways. Depending on what the client's goals are we can set up an arrangement where I am compensated by the commissions the investments generate or I can work on a fee based platform. It all depends on what the client is most comfortable with. |
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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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All of the accounts that we manage require that we obtain the client's permission before processing any buy or sell transaction. We feel it is very important that our clients know what we are doing with their investments. |
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How much risk should I be willing to take? |
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The risk a client is willing to take is their decision. We help counsel our clients depending on their unique situation to determine how much risk would be appropriate. We have solutions for clients that are completely risk averse as well as clients with long term goals and are willing to accept more risk. |
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Have you ever been charged with any breaches? |
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What carrier(s) do you represent? |
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We are independent advisors. We are able to use all of the top insurance companies to try to find the best deal for our clients. |
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| Q. |
How long does it take to complete the application and approval process? |
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From start to finish the life insurance application process can take 3-6 weeks. Much of this time depends on how quickly the client's physician sends the medical records to the insurance company for approval. |
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Is there a maximum age that you can insure? |
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Each insurance company has their own requirements for age when it comes to life insurance. If you have a specific age in mind, let me know and I would be happy to contact the carriers we work with to find out. |
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What services do you provide? What are your specialties? |
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We provide a variety of services for our clients. We develop comprehensive financial plans, IRAs, ROTH IRAs, 401ks, IRA and 401k Rollovers, variable and fixed annuities, managed account programs.
Our specialty would be ensuring our clients are able to make their assets last their entire lives by using an approach that utilizes a variety of financial vehicles. |
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What financial institution(s) do you represent? |
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Our Broker/Dealer is Woodbury Financial Services. We are able to work with a variety of investment companies. If you have a specific company in mind, let me know and I can tell you if they are on our approved list. |
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Do you provide a free initial consultation? |
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Yes! We are happy to provide a free initial consultation. We feel it is important that our clients feel comfortable with us before we begin working together. |
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Why should I choose you as my financial advisor? |
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We are the best choice for financial advisors because we are independent and can provide unbiased advice on reaching your financial goals. Our firm also has over 25 years of experience. |
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What are your management fees? |
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Our management fees depend on which platform we decide to use with our clients. The size of the assets are the biggest factor in determining what the fees will end up being. In all cases, fees are disclosed up front so the client is aware of what the cost will be. |
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What kind of plans do you specialize in? |
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We have experience with Profit Sharing plans, 401(k) plans, 403(b) plans, 457 plans, Pension plans, SIMPLE IRA plans, SEP IRA's, and other non-qualified benefit plans. |
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Do you have a minimum requirement for number of employees or total investment value? |
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No, there are no minimums. We can provide guidance for start-up plans as well as plans that have been around for many years. |
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Do you offer any additional services? |
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Our additional services include employee education meetings and benefit consulting for plan sponsors. This includes any updates on plan design and regulations. |
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What is your approach to Education Planning? |
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We try to start early when it comes to saving for college. Just like any investment, the more time we have to save, the easier it is to reach the goal. By using our planning software we can forecast the cost of college many years down the road. |
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How long does the process of setting up an Education Plan usually take? |
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An account can be established and funded within a week. |
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Do you provide a free initial consultation? |
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Yes, we always offer free initial consultations. |
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| Q. |
What is your approach to 401 K plan rollovers? |
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First we determine what the client's goals are, then we determine an appropriate investment vehicle base on those goals. Finally we monitor the investment to ensure that it is performing as needed. |
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How long does the process of rolling over a 401K plan usually take? |
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The process usually takes 2 weeks. It usually depends on how long the 401k company takes to process the distribution. The faster they send the check, the faster the account can be set up. |
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Do you provide a free initial consultation? |
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Yes, we provide free consultations for our clients. |
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