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Do you have a customer satisfaction or refund policy?
Cambridge Advisors has a client centered approach that is focused on providing high quality services with a high level of personal attention. As a result, our customer satisfaction is very high as evidenced by our client retention rate above 95%. A client may terminate the relationship at the end of any quarter with a 30 day written notice.
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Why should I choose you as my financial advisor?
Our professionals are dedicated to higher learning and have earned highly-sought-after professional designations and advanced degrees in Finance. Our professionals work as a team, sharing their knowledge. Cambridge Advisors Investment Council members have over 90 years of combined experience helping clients reach their financial goals.
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What are your qualifications? What is your education background?
We believe that a good investment plan is based on a solid financial plan. We work closely with our clients to help them define their goals and then we develop a plan to help them achieve their goals.
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How do you charge for your services?
Cambridge Advisors is dedicated to helping clients build and preserve their wealth. We specialize in managing custom-tailored investment portfolios, through a comprehensive management process which looks at each clients unique situation and develops a customized solution to help the client achieve their specific financial goals.
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How are you compensated? How will I pay for your services?
Our portfolio managers limit the number of clients they work with to about 75 relationships so that they can devote the time needed to your account and be available to you.
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If you are going to manage my account, will you obtain my permission every time you buy or sell something?
Although our professionals work as a team in making investment decisions each client has a portfolio manager dedicated to them as their primary contact. The portfolio managers work directly with each client; there is not an intermediary account rep or relationship manager. Therefore, clients talk directly with the person doing research and making the investment decisions in their portfolio.
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How many clients do you currently manage?
Cambridge Advisors is a fee-only firm and we believe in complete disclosure regarding fees. A fee-only arrangement (no commissions or revenue sharing programs, no company branded products) is best for clients because our advice is entirely objective and free from any conflicts of interest. For investment management clients, the fee is deducted automatically from the account.
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Will you be the only person working with me?
Cambridge Advisors has discretion over the accounts we manage. During meetings with clients, we discuss a general investment plan for the accounts we manage. We implement the plan over time. We make purchases and sells based on .when it is appropriate for each security rather than when we meet or talk with a client.
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Do you offer any guaranteed results?
We do not offer guaranteed results.
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How much risk should I be willing to take?
Everyone's risk comfort level is unique. Our job is to clearly explain to you the trade-offs between risk and reward and build a financial plan that will allow you to achieve your goals with the added benefit of allowing you to sleep soundly at night.
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Have you ever been charged with any breaches?
No.
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What are your management fees?
Cambridge Advisors is a fee-only firm and we believe in complete disclosure regarding fees. A fee-only arrangement is best for clients because our advice is entirely objective and free from any conflicts of interest. Our normal investment management fee is 1% of the assets under management. We have several provider platforms available to choose from which have a separate fee structure.
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What kind of plans do you specialize in?
Cambridge Advisors can work with all types of retirement plans. We focus on the investment side of the plan and partner with firms who specialize in plan administration to provide a custom solution. Most of our plans are 401k Safe Harbor Plans with or without a profit sharing feature.
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Do you have a minimum requirement for number of employees or total investment value?
The plan assets should be at least $1 million or the annual contributions should be projected to be at least $200,000. The plan should have 50 employees or less for assets up to $5 million. Plans of at least $5 million can have up to 100 employees. If your plan falls above these asset and employee guidelines, final determination will be made on a case by case basis.
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What type of plans do you offer?
Cambridge Advisors can work with all types of retirement plans. We focus on the investment side of the plan and partner with firms who specialize in plan administration to provide a custom solution.
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Do you offer any additional services?
Cambridge Advisors partners with several 401k plan administration providers. We assist the trustees with their fiduciary duties. Cambridge Advisors will recommend the appropriate funds to select as investment options and will review the funds on a regular basis to make sure they are still appropriate. Be sure to ask about other services we provide in this area.
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What services do you provide? What are your specialties?
Cambridge Advisors is dedicated to helping clients build and preserve their wealth. We specialize in managing custom-tailored investment portfolios, through a comprehensive management process which looks at each clients unique situation and develops a customized solution to help the client achieve their specific financial goals.
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What is your experience? How many clients do you currently manage?
Our professionals are dedicated to higher learning and have earned highly-sought-after professional designations and advanced degrees in Finance. Combined, we have over 90 years of experience helping clients reach their financial goals. We limit the number of client relationships to around 75 per advisor so that they can devote the time needed to your account and be available to you.
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What financial institution(s) do you represent?
Cambridge Advisors is an independent registered investment advisor. We are not affiliated with any institutions or products. This autonomy gives us objectivity and flexibility to do what is right for the client.
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What is your approach to financial planning?
Cambridge Advisors is a fee-only firm and we believe in complete disclosure regarding fees. A fee-only arrangement (no commissions or revenue sharing programs, no company branded products) is best for clients because our advice is entirely objective and free from any conflicts of interest. For investment management clients, the fee is deducted automatically from the account.
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What services do you offer?
When you become a Cambridge Advisors client, 1)you will always have clarity about your financial picture and the path you are on to reach your goals; 2)you will know that your investments are always appropriate for you and your situation; 3)you will feel confident, focused and in control of your financial future; and 4)you will know that your portfolio is receiving the attention it deserves.
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What are your qualifications?
Our professionals are dedicated to higher learning and have earned highly-sought-after professional designations and advanced degrees in Finance. Our professionals work as a team, sharing their knowledge. Cambridge Advisors Investment Council members have over 90 years of combined experience helping clients reach their financial goals.
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What is your approach to 401 K plan rollovers?
401k rollovers are included in our investment management services. We specialize in managing custom-tailored investment portfolios. Our comprehensive management process looks at each clients unique situation and develops a customized solution assisting clients in meeting their financial goals. We do offer the financial planning services on a stand-alone basis which includes retirement planning.
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How long does the process of rolling over a 401K plan usually take?
A 401k account can be rolled over into an IRA easily and quickly. First, we set up an IRA account to receive the transfer. The account can be initiated online and we can have an account number immediately. Then, we complete your 401k distribution through the plan administrator or the provider. How long the process takes is dependent on your current 401k provider.
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What financial institutions do you represent?
Cambridge Advisors is an independent registered investment advisor. We are not affiliated with any institutions or products. This autonomy gives us objectivity and flexibility to do what is right for the client.
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How many years of experience do you have?
Our professionals work as a team, sharing their knowledge, diverse experience and expertise to benefit all clients of the firm. Combined, we have over 90 years of experience helping clients reach their financial goals.
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What are your fees for this service?
There is no cost associated with rolling your 401k to an IRA. If Cambridge Advisors manages your retirement assets, our investment management fee is based on a percentage of those assets. The normal fee is 1% of the assets under management. For clients who do not meet our investment management minimum, we offer financial planning services on a stand-alone basis for a stated fee of $2,500.
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How many 401K rollover clients do you currently manage?
We have helped many clients rollover their 401k accounts into IRAs. We currently manage about 350 IRA accounts including rollover IRAs, traditional IRAs, and Roth IRAs.
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Why should I roll over my 401K plan to your firm?
When you become a Cambridge Advisors client, 1)you will always have clarity about your financial picture and the path you are on to reach your goals; 2)you will know that your investments are always appropriate for you and your situation; 3)you will feel confident, focused and in control of your financial future; and 4)you will know that your portfolio is receiving the attention it deserves.
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