Do you have a customer satisfaction or refund policy?
Yes. Our initial consultation is free. If clients are not satisfied with the quality of our financial planning services, the financial plan is free.
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Why should I choose you as my financial advisor?
I've earned an MBA from Duke University's Fuqua School of Business, and have guest lectured in their MBA program. I've also earned a Chartered Retirement Plan Specialist (CRPS) designation and Chartered Retirement Planning Counselor (CRPC) designation from the College for Financial Planning.
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What are your qualifications? What is your education background?
Financial planning is a science not an art. We calculate the required savings levels given a clients risk tolerance. We utilize the most recent academic work regarding modern portfolio to determine the optimal allocation. That tells us the optimal blend for the clients risk tolerance. We search for the best investments using search criteria custom created with the client.
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How do you charge for your services?
Retirement Planning, Investment Consulting, Investment Management, Corporate Retirement Plan Consulting, CD's, Stocks, Bonds, Mutual Funds, ETF's, Money Managers, Annuities, Money Markets, 403B consulting, 529 consulting
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How are you compensated? How will I pay for your services?
We are flexible in designing a compensation structure. We can work fee only, commission only, or fee and commission. It's up to the client to choose what is best for them. With corporate retirement plans, we often work for just the 12b1 fees of the mutual funds currently offered by the plan. No additional compensation is paid.
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If you are going to manage my account, will you obtain my permission every time you buy or sell something?
Yes. I'll be the lead contact on the account. Other individuals in our company will help with administrative issues.
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How many clients do you currently manage?
150+
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Will you be the only person working with me?
Yes. We prefer to manage accounts on a non discretionary basis.
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Do you offer any guaranteed results?
No. If anyone offers you guaranteed investment results, be extremely skeptical. Even investment grade bonds and CD's have default risk. A guarantee is only as good as the organization standing behind it. With the recent failure of many large corporations, one needs to closely examine any guarantees.
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How much risk should I be willing to take?
You should take the level of risk that you are comfortable with. Under modern portfolio theory, one should earn a higher expected return for higher levels of risk (as measured by standard deviation). Often we've found portfolios that are inefficiently allocated. Those portfolios are taking additional risk without achieving additional expected return. This is easy to diagnose and correct.
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Have you ever been charged with any breaches?
No.
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What services do you provide? What are your specialties?
We start with a comprehensive financial plan. Our specialty is retirement planning. We focus on high net worth individuals and corporations. We offer investment consulting, asset management, retirement planning, college planning, and estate planning. We offer: mutual funds, money managers, CD's, stocks, bonds, ETF's, and annuities.
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What is your experience? How many clients do you currently manage?
I started in Manhattan after the crash of 1987. At 26, I became one of the youngest branch managers in my firm's history. I provided market commentary on TV and radio. I went to Duke, earned an MBA and guest lectured at Duke. I've earned a CRPC and CRPS from the College for Financial Planning. We manage a mix of 150+ corporate and high net worth clients.
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What financial institution(s) do you represent?
Nelson Wealth Advisors is an independent consulting practice in Raleigh NC. We utilize Cetera Advisors LLC (www.ceteraadvisors.com) as our broker dealer. We utilize the largest clearing firm in the industry, Pershing LLC a unit of Bank of NY/Mellon, (www.pershing.com) as our clearing firm to custody and administer assets. They currently have over 22.3 trillion in assets under custody and administration.
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What is your approach to financial planning?
As an independent practice, we have a great deal of flexibility in how we can charge for our services. We offer fee only billing, fee and commission billing, or commission only billing. In some cases, we only receive the 12b1 fees already existing in a company's retirement plan. Each case is unique. The client chooses the compensation method that best meets their needs
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What services do you offer?
Our experience is unique in the region. I learned the business in Manhattan, provided commentary on TV and radio. I have an MBA from Duke (3.9 GPA) and guest lectured there. We know that valuation matters. We've helped clients make wise decisions often overcoming their emotions. We have a unique blend of practical and academic experience. My partner Lisa Smith provides exceptional client service.
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