Jim Elder
Elderado Financial

Tel: (970) 249-9900
1100 S. Townsend Ave
Montrose, CO 81401

About Elderado Financial

Elderado Financial, Inc. is a Wealth Management company helping clients manage all aspects of their personal investments and finances for clients in the Montrose Colorado area. We serve as your liaison to all issues relating to your financial well being. We are here to help simplify your financial picture, and save you time and money in dealing with your investments.

We cater to those investors who don't want the responsibility of managing their own investment portfolios. And because each of our clients has different risk tolerances and expectations, we customize each portfolio to match individual needs and circumstances. We are a wealth and investment advisor which manages investment portfolios for taxable investment accounts, retirement accounts and company retirement plans for Individuals and Businesses.

We work strictly on a fee-only basis, where we make specific investment recommendations based solely on your needs, circumstances and goals. We don't get paid commissions based on transactions. Nor do we accept any kickbacks from other professionals that we may refer clients to. This eliminates any conflicts of interest, and puts us on the same side of the table with our clients. Too many investors allow commission sales reps to manage their investment affairs. This can be hazardous to your financial well being. And we aim to eliminate that disadvantage for all our clients!


General Information

Name of Custodial Firm:   TD Ameritrade
States Licensed in:   Colorado, California
Number of Years with Current Firm:   17
Work Experience:   Owned a major solar energy firm in the Denver Colorado area from 1981 to 1993. I sold the company and tried to retire but realized I wanted to stay active and joined a brokerage firm. After 5 years of experiencing the high sales pressure of the stock brokerage business I formed my own firm in 1998 that is designed to truly help people without any sales pressure.
I work with the following types of clients:   Businesses , Individual Investors , Non-Profit Organizations


Services

Investment Types:   Mutual Funds , Bonds , Stocks
I can meet clients in the following ways:   At your home , At your office , Via phone , Via email , At my office


Qualifications & Memberships

Financial Organization Memberships:   Financial Planning Association (FPA)
Non-Financial Organization Memberships:   Montose Rotary Club
Montrose Regional Library Trustee


Firm Information

Firm's Number of Clients:   189
Firm's Number of Planning Clients:   189
Firm's Number of Managed Clients:   189
Assets Managed by Firm:   45,000,000
Advisor's Number of Clients:   189
Advisor's Number of Managed Clients:   189
Advisor's Number of Planning Clients:   189
Assets Managed by Advisor:   $45,000,000


Compliance

Registered Investment Advisor:   Yes
Investment Advisor Representative:   Yes
I am an acknowledged fiduciary:   Yes
Compliance Disclosures in Last 5 years:   I have a clean record
Criminal Disclosures in Last 5 years:   I have a clean record


Compensation and Fees

Fee Structure:   I am a fee-only financial professional
Minimum Portfolio Size for New Managed Accounts:   100,000
Compensation Methods:   Hourly , Based on Assets , Flat Fee
Fee % Based on Assets:   avg 0.88%
Hourly Rate:   $150.00
Flat Fee Rate:   varied



Faqs

  • What is your approach to financial planning? As a trusted fiduciary and fee-only financial planner we work passionately to help families preserve their wealth, pay less in taxes and give more to the people and organizations they care about.
  • What services do you offer? ElderAdo Financial provides financial planning services including asset management, retirement accumulation and estate planning on a fee-only basis. The firm's objective is to deliver customized financial advice that is unequaled in terms of quality from which the client can derive maximum value.
  • Will you be the only person working with me? Elderado Financial offers a team approach and works with you and the other professionals that you trust to make sure your finances are managed efficiently.
  • How are you compensated? How will I pay for your services? We act as Fee-Only financial planners. Unlike commission brokers, whose compensation is tied to trading activity or the sale of investment products, fee-only investment managers provide customized advice designed to help you meet your financial objectives.
  • What services do you provide? What are your specialties? As a trusted fiduciary and fee-only financial planner we work passionately to help families manage their assets, preserve their wealth, pay less in taxes and give more to the people and organizations they care about.
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Jim Elder

Jim Elder

CFS

Communities Served

Any

Office Hours

wiseradvisor-balck-li-img Mon. 9:00 AM - 5:00 PM
wiseradvisor-balck-li-img Tue. 9:00 AM - 5:00 PM
wiseradvisor-balck-li-img Wed. 9:00 AM - 5:00 PM
wiseradvisor-balck-li-img Thu. 9:00 AM - 5:00 PM
wiseradvisor-balck-li-img Fri. 9:00 AM - 5:00 PM