| Advisor Profile |
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| Name: |
Bill Hayes, CFP® |
| Phone Number: |
(781) 559-0766 |
| Website: |
Visit Website
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Business Description |
| Charles Carroll Financial Partners is an independent financial planning and wealth management firm established to assist and enhance the journey toward the financial goals and aspirations of our clients. With decades of wealth management experience, Charles Carroll brings to our clients a comprehensive financial map that will assist our clients throughout their financial lives. |
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General Information |
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| Name of Custodial Firm: |
Charles Schwab
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| States Licensed in: |
MA, VA,
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| States Willing to do Business in: |
All States
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| Years of Experience in Financial Services: |
20
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| Number of Years with Current Firm: |
2
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| Work Experience: |
Our firm is built on 20 years of managing money for clients with our proprietary model that uses individual securities, individual bonds, and ETFs. Bill's experience in the money management arena has been fostered by positions at Merrill Lynch,Fisher Investments, and most recently Fidelity Investments. These positions have all been customer relationship based with emphasis in understanding and meeting the financial needs of his clients.
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| I work with the following types of clients: |
Businesses, Individual Investors, Non-Profit Organizations
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Education |
| Academic Background |
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Bachelor of Arts degree - Marquette University
MBA - Suffolk University
CERTIFIED FINANCIAL PLANNER
ACCREDITED WEALTH MANAGEMENT ADVISOR |
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Services |
| Investment Types: |
Mortgages & Real Estate, Exchange Traded Funds (ETFs), Commodities, Bonds, Stocks, Annuities
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant, Accredited Wealth Management Advisor(AWMA)
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| Securities Licenses: |
Series 9, Series 7, Series 10, Series 63, Series 65
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| Insurance and Annuity Licenses: |
Variable Annuity, Annuity, Health
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| Financial Organization Memberships: |
Financial Planning Association (FPA)
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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: |
40
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| Firm's Number of Planning Clients: |
30
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| Firm's Number of Managed Clients: |
40
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| Assets Managed by Firm: |
$20,000,000+
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Compliance |
| Registered Investment Advisor: |
Yes
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| Investment Advisor Representative: |
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 |
| I am a fee-only financial professional: |
Yes
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| I am a fee-based financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
$200,000
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| Compensation Methods: |
Based on Assets
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| Additional Details on Charges: |
$200K < $350K 1.20%
$350K < $500K 1.10%
$500K < $750K 1.00%
$750K < $1000K .90%
$1000K < $1500K .80%
$1500K < $2000K .70%
> $2,000,000 .60%
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| Minimum Fee Charged for Managed Accounts: |
$2500.00
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| Prepared By: |
Bill Hayes, CFP® |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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There are no penalties or fees associated with the closing of an account. A client may close out their relationship with Charles Carroll in writing by faxing or mailing the request to our offices. |
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What are your qualifications? What is your education background? |
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Bill started his financial career at Merrill Lynch in 1990. Most of his years in the industry were with Fidelity Investments where he held various roles. In his role as a Private Access VP, Bill was responsible for over $3 Billion in assets. Mr. Hayes holds an MBA from the Sawyer School of Business and the designations, ACCREDITED WEALTH MANAGEMENT ADVISOR, and CERTIFIED FINANCIAL PLANNER |
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What is your approach to financial planning? |
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The financial plan acts as a "living" document. It provides both the client and our firm with a blueprint of how we will manage the portfolio and what the expectations are for the potential asset growth. The financial plan is an essential ingredient when determining the overall value of our management effort in achieving client desires or aspirations. |
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What services do you offer? |
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Personalized Investment Advice, Tailored Financial Plans, Tax Planning, Estate Tax Evaluation, College Planning, Retirement Income Planning |
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How many clients do you currently manage? |
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Each CFP(R) professional has no more than 30 clients at any time. The intent is to limit the number of clients that each professional will manage and thereby give each client individualized attention. |
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Will you be the only person working with me? |
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Not necessarily, at times our Chief Investment Advisor or other memeber of our organization may be in contact with you based upon your requests or needs. |
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How are you compensated? How will I pay for your services? |
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We are a fee based service. Payment for our services is based upon the total assets that we manage, you may pay for the services in any number of ways. However, most clients wish to have the fee deducted from their accounts on a quarterly basis. |
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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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No, we ask for discretionary control of your account. This is usually accomplished through the use of a limited trading authorization. This means that while Charles Carroll may buy or sell securities in your account, Charles Carroll has no authorization nor ability to move assets from your account. |
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Do you offer any guaranteed results? |
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No, the market by nature is volatile. We will manage your account based upon the findings and premise of the Financial Plan. Expectations of return are delineated in the financial plan, however, there is no guarantee of results. |
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How much risk should I be willing to take? |
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The financial plan will help both of us to determine the most appropriate asset allocation for you. However, we believe that all investments have risk. Our responsibility as your asset manager is to monitor and understand the risk associated with all asset classes and investments placed in your account and is our responsibility to monitor these assets as part of the fee that we receive. |
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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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What is your experience? How many clients do you currently manage? |
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How do you charge for your services? |
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What are your qualifications? |
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What is your approach to 401 K plan rollovers? |
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How many years of experience do you have? |
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What are your fees for this service? |
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How many 401K rollover clients do you currently manage? |
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Why should I roll over my 401K plan to your firm? |
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