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Business Description |
George helps business owners, corporate executives, and other successful individuals grow, protect and transfer their assets.
Consistent with his sustainable background, George is an advisor who incorporates triple bottom line investment principles during portfolio creation.
He believes that the companies best able to compete in the 21st century will be conscious about how they impact society and the environment in addition to being profitable financially. |
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General Information |
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| CRD#: |
4512665 (George) & 5143649 (James)
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| Insurance License#: |
CA OD64714 (George) & CA OF75024 (James)
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| Name of Custodial Firm: |
Charles Schwab & Co Inc.
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| States Willing to do Business in: |
All States & Internationally
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| Years of Experience in Financial Services: |
10
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| Number of Years with Current Firm: |
1
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| Work Experience: |
Founder, CEO at Blossom Wealth Management
Director, Clean Tech and West Coast Operations at Capistrano Global Advisory Services
Adjunct Instructor, Business Department at Dominican University of California
Assistant Coach at Mustang Soccer
Council Member at International Business Advisory Council
Private Wealth Management at Smith Barney
Financial Advisor at Merrill Lynch
Financial Advisor/Advisor Coach at Ameriprise Financial Advisors
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| I work with the following types of clients: |
Businesses, Non-Profit Organizations, Individual Investors
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Education |
| Academic Background |
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University of San Diego School of Law
Juris Doctor , Law , 1999 - 2002
While at USD, I was President of the Mediation Clinic. We partnered with a local small claims court and attempted to help litigants come to a settlement rather than take their chances in the courtroom. It was a pressure filled experience that was very rewarding.
Highest Grade in Class in International Business Transactions, 2001
Activities and Societies: Pro Bono
Dominican University of California
MBA , Pacific Basin Studies , 1997 - 1999
Activities and Societies: During the summer of 1998 I was able to work in Ghana for Ashanti Goldfields and then travel through Spain. That "winter" I was was in Brazil. Before law school started I lived in the Rhinegau region of Germany.
Dominican University of California
BA , Political Science , 1995 - 1997
Activities and Societies: Played soccer with Domincan through the MBA.
Palomar College
AA , Liberal Studies , 1993 - 1995 |
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Services |
| Investment Types: |
Stocks, Alternative Investments, Mortgages & Real Estate, Options & Futures, Mutual Funds, Commodities, Insurance, Bonds, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant
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| Securities Licenses: |
Series 7, Series 66
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| Insurance and Annuity Licenses: |
Variable Annuity, Life, Long Term Care, Variable Life, Disability, Annuity, Casualty
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| Financial Organization Memberships: |
Paladin Registry, Financial Planning Association (FPA)
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| Non-Financial Organization Memberships: |
George's hobbies include running, mountain biking, and, especially, playing soccer. He and his wife, Nicole Davidson, recently celebrated their 5th wedding anniversary in Belize. They enjoy traveling, international cuisine, and hiking. George is also an Eagle Scout.
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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: |
100+
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| Firm's Number of Planning Clients: |
100+
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| Firm's Number of Managed Clients: |
100+
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| Advisor's Number of Clients: |
100+
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| Advisor's Number of Managed Clients: |
100+
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| Advisor's Number of Planning Clients: |
100+
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| Assets Managed by Advisor: |
30 MM +
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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: |
50,000
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| Compensation Methods: |
Based on Assets
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| Additional Details on Charges: |
Based on Assets
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| Prepared By: |
George Salter |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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Yes but our planning services are almost always offered as part of the wealth management program. |
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| Q. |
What are your qualifications? What is your education background? |
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George Salter is a CERTIFIED FINANCIAL PLANNER™, CFP®. He has a BA in Political Science, an MBA in International Finance/Sustainable Development and a law degree. James Salter graduated with a BA in Business Administration with a Concentration in Int. Business. He also earned his MBA in Global Strategic Management. He currently teaches a course titled, “General Principles in Personal Finance.” |
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| Q. |
What is your approach to financial planning? |
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Your investment goals are important to us at Blossom Wealth Management.
We understand that risk tolerance and time frame vary from one person to the next. We learn about each client so that we may design customized portfolios.
We educate our clients on the investment landscape and demonstrate how diversified holdings blend together to form a cohesive portfolio.
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| Q. |
What services do you offer? |
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We offer holistic wealth management strategies. Over the course of our relationship we will discuss financial planning, retirement goals, education planning, insurance needs, estate planning, portfolio management, and how the above areas reflect your family values. |
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| Q. |
How many clients do you currently manage? |
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We currently manage 150 clients. |
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| Q. |
Will you be the only person working with me? |
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We have a team of two professionals. Brothers George Salter and James Salter. We also have a 6 member dedicated support team at Charles Schwab who perform back office services. |
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| Q. |
How are you compensated? How will I pay for your services? |
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We charge an annual management fee for our services. However, the management fee depends on your needs. Our growth comes from referrals so we strive to provide a high level of service to assure consistent growth. |
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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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For a majority of our clients we have discretion to conduct transactions within predetermined guidelines and levels of risk. We find this is necessary to provide equal management among all our clients. In addition, our portfolios are scalable which allows us to manage accounts of any size effectively. |
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| Q. |
Do you offer any guaranteed results? |
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No. We educate our clients on historical returns and provide frequent reviews to make sure their portfolios reflect life and economic changes. |
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| Q. |
How much risk should I be willing to take? |
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Every situation is unique. To best answer this question, we would need to sit down and learn more about your resources, goals, family history, and employment situation amonng other things. |
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Have you ever been charged with any breaches? |
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No. Please reference our broker check which can be located at www.finra.org. |
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| Q. |
What carrier(s) do you represent? |
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We offer life insurance products from all the major carriers. |
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Are there any pre-existing conditions that you can not cover? |
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No. Some carriers may have higher rates or restrictions. We will need to explore on an ad hoc basis. |
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| Q. |
How long does it take to complete the application and approval process? |
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On average we can complete the entire insurance process in three weeks. |
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| Q. |
Is there a maximum age that you can insure? |
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Some carriers may have higher rates or restrictions; we will need to explore. |
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| Q. |
What services do you provide? What are your specialties? |
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We offer holistic wealth management strategies. Over the course of our relationship we will discuss financial planning, retirement goals, education planning, insurance needs, estate planning, portfolio management, and how the above areas reflect your family values. |
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| Q. |
What is your experience? How many clients do you currently manage? |
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We have written over 2,500 financial plans. |
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| Q. |
What financial institution(s) do you represent? |
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Blossom Wealth Management is a registered investment advisor. Charles Schwab is our custodian. |
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| Q. |
How do you charge for your services? |
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Our management fees depend on the services we provide. We would be glad to provide additional details after we determine your needs. |
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| Q. |
Do you provide a free initial consultation? |
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Yes. At Blossom Wealth Management we find it essential to interview our future clients to make sure we are agood fit for each other. |
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| Q. |
Why should I choose you as my financial advisor? |
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Our unique backgrounds have given us the opportunity to visit, work, and live in over 75 countries. This compiled with our 19 years of combined investment experience and various degrees has allowed us to help individuals protect, growth, utilize, and transfer assets to the next generation. |
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| Q. |
What are your qualifications? |
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George Salter is a CERTIFIED FINANCIAL PLANNER™, CFP®. He has a BA in Political Science, an MBA in International Finance/Sustainable Development and a law degree. James Salter graduated with a BA in Business Administration with a Concentration in Int. Business. He also earned his MBA in Global Strategic Management. He currently teaches a course titled, “General Principles in Personal Finance.” |
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| Q. |
What is your approach to 401 K plan rollovers? |
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We educate our clients about taxes an other sources of retirement cash flow and then design an exit strategy that enables their clients to get a "paycheck" from their investments that mirrors what they received while working. |
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| Q. |
How long does the process of rolling over a 401K plan usually take? |
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What financial institutions do you represent? |
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Blossom Wealth Management is a registered investment advisor. We have complete flexibility to use almost any financial institution's projects due to our open architecture. Charles Schwab is our custodian. |
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| Q. |
How many years of experience do you have? |
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We have 19 combined years of experience in finance. |
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| Q. |
What are your fees for this service? |
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Our fees are based on a percentage of assets under management and the services that will be offered. We are always around 1% unless a client has over $1,000,000.00 with us. |
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| Q. |
How many 401K rollover clients do you currently manage? |
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200 individuals from about 150 households. |
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| Q. |
Why should I roll over my 401K plan to your firm? |
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Our flexible institutional design has enabled our clients to mirror the investment techniques used by sophisticated institutions. We also have low costs. Most importantly, we look at your rollover as a critical element of your entire financial picture. We educate you on how the various pieces fit together and enable you to sleep at night. |
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| Q. |
Do you provide a free initial consultation? |
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After an initial phone interview, we will meet with prospective clients to determine if we are a mutually beneficial fit for one another. |
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