R.M. Shannon Wealth Management is founded on the belief that wealth management starts with truly
knowing our clients. As such, we offer exceptional service to select clientele.
With a full understanding of your situation, lifestyle, family, priorities, and goals, we then help
you use your wealth for the things in life you value most. This is growing and using wealth
according to your values.
We are an independent, fee-only registered investment adviser with no ties to any one financial institutiondifferentiating ourselves from employees of banks, brokerage firms, and insurance companies. We do this to assure an objective position with no incentive to sell anything or invest in a certain fund. We believe that by being truly independent, we can see the best ways to serve you. This reduces conflicts of interest and assists us in getting to know our clients. We are here to do with a clients wealth what is best for her or him.
|Firm Start Year:||2018|
|States Licensed in:||76812|
|Number of Years with Current Firm:||2|
|I work with the following types of clients:||Individual Investors|
|Investment Types:||Mutual Funds, Options & Futures, Alternative Investments, Exchange Traded Funds (ETFs), Mortgages & Real Estate, Bonds, Stocks, Socially Responsible Investments (SRI)|
|I can meet clients in the following ways:||Via phone, At my office, Via email, At your office, Video Conference|
Qualifications & Memberships
|Financial Organization Memberships:||Financial Planning Association (FPA), National Association of Personal Financial Advisors (NAPFA), Paladin Registry|
|Advisor's Number of Clients:||15|
|Advisor's Number of Managed Clients:||15|
|Advisor's Number of Planning Clients:||15|
|Registered Investment Advisor:||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:||Fee Only|
|Compensation Methods:||Flat Fee, Based on Assets|
|B.A. Financial Management||
University of Saint Thomas
As a CERTIFIED FINANCIAL PLANNER" certificant, I am trained to manage my clients' wealth in areas of portfolio & risk management and planning for taxes & personal legacy. Beyond this designation, I believe my job starts with getting to know my client. Familiarity with your career, family, priorities, and goals will show me how to best put your assets to work. I have been doing so in the Twin Cities area since 2005 upon my graduation from the University of St. Thomas. I live in Saint Paul with my wife Anka and our three children Mira, Lucey, and Dominic.
More than just offering recommendations for how to invest, true wealth management involves all facets of your financial life. It coordinates discretionary investment management with cash flow, tax planning, legacy planning, and risk management. This necessitates working closely with your accountant, attorney, banker, insurance agent and other professionals. We believe true wealth management is delivered by professionals working within a fiduciary capacity.