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Business Description |
| My firm provides financial planning and investment management to families and small businesses in the St. Louis area since 1993. As a Certified Financial Planner™, I handle a wide range of financial issues from helping a retiree plan a portfolio that matches their age and risk level to helping a retired couple decide if long term care insurance is right for their personal situation. |
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General Information |
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| Insurance License#: |
PR275511
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| Name of Broker/Dealer: |
Consolidated Financial Investments, Inc.
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| Name of Custodial Firm: |
JP Morgan Clearing Corp
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| States Willing to do Business in: |
MO, IL
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| Years of Experience in Financial Services: |
16
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| Number of Years with Current Firm: |
14
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| Work Experience: |
President, Wendl Financial Services, Inc.
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| I work with the following types of clients: |
Businesses, Individual Investors
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| Foreign Languages Serviced: |
German
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Education |
| Academic Background |
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Masters in Business Administration
University of Illinois, May 1991
MBA Emphasis in portfolio management
Bachelor of Science in Business Administration
Emphasis in Finance
University of Missouri - St. Louis, May 1989
Magna Cum Laude
Bachelor of Arts in Mathematics
University of Missouri - St. Louis, May 1989
Magna Cum Laude |
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Services |
| Investment Types: |
FOREX & Currency, Mutual Funds, Exchange Traded Funds (ETFs), Bonds, Stocks, Commodities, Insurance, Annuities
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant, MBA, Chartered Financial Consultant (ChFC®)
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| Securities Licenses: |
Series 63, Series 24, Series 7, Series 6
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| Insurance and Annuity Licenses: |
Disability, Health, Variable Annuity, Long Term Care, Variable Life, Life, Annuity
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| Non-Financial Organization Memberships: |
Phi Kappa Phi honor society
Beta Gamma Sigma honor society
Member of American Mensa, Ltd.
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| Firm's Number of Clients: |
52
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| Firm's Number of Planning Clients: |
52
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| Firm's Number of Managed Clients: |
52
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| Assets Managed by Firm: |
$12002500
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| Advisor's Number of Clients: |
52
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| Advisor's Number of Managed Clients: |
52
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| Advisor's Number of Planning Clients: |
52
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| Assets Managed by Advisor: |
$12002500
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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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| 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: |
$500000
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| Compensation Methods: |
Based on Assets
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| Fee % Based on Assets: |
0.75%
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| Additional Details on Charges: |
accounts above $1 million, annual management fee is 0.5%
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| Minimum Fee Charged for Managed Accounts: |
$3750
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| Prepared By: |
Victor Wendl |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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no fees are prepaid by the client. |
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| Q. |
What are your qualifications? What is your education background? |
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Masters in Business Administration
University of Illinois
bachelor of science in business administration
University of Missouri
Magna Cum Laude
bachelor of arts in mathematics
University of Missouri
Magna Cum Laude
Certified Financial Planner™
Chartered Financial Consultant Designation
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| Q. |
What is your approach to financial planning? |
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My firm is a full comprehensive financial planning firm. I will review all your account statements, insurance documents, tax return etc. before providing a set of recommendations to you. Recommendations include an Investment Policy Statement that will provide an asset allocation recommendation and portfolio recommendation. Stock investments recommended are value based not growth based. |
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What services do you offer? |
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Full comprehensive financial planning. |
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How many clients do you currently manage? |
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I currently manage the assets of 50 families in the St. Louis area. Each family may have several accounts under management. |
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Will you be the only person working with me? |
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I will be the only person working with you. All recommendations are confidential and not shared with others. |
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| Q. |
How are you compensated? How will I pay for your services? |
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Compensation is a 0.75% annual management fee for accounts $500,000 - $1,000,000 and 0.50% for accounts $1,000,000+. |
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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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Do you offer any guaranteed results? |
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| Q. |
How much risk should I be willing to take? |
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Results will be based on your responses to a risk profile questionnairre. This along with your age will determine a recommended risk level. |
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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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Asset Managemet & Comprehensive Financial Planning |
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| Q. |
What is your experience? How many clients do you currently manage? |
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Been in business for 14 years. |
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| Q. |
What financial institution(s) do you represent? |
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I am a independent financial advisor. My clearing corporation if JP Morgan and my broker/dealer is Consolidated Financial Investments, Inc. |
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How do you charge for your services? |
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Compensation is a 0.75% annual management fee for accounts $500,000 - $1,000,000 and 0.50% for accounts $1,000,000+. |
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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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Qualifications and low fees relative to the industry average. |
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