How many clients do you currently manage?

Financial Reserve has 1200 clients throughout the United States. We take a team approach with a primary advisor and team advisor to ensure each client's needs are met.

Will you be the only person working with me?

We take a team advisor approach but I will be your primary advisor.

How much risk should I be willing to take?

This will be discussed in meeting as this varies by individual.

What services do you offer?

Investment Planning, Retirement Planning, Tax Planning, Financial Planning, Estate Planning, Income Planning, Insurance Planning, Consumer Planning, Credit Planning, Goal & Achievement Planning

Financial Reserve - Financial Advisor in Dallas, Texas

Q: Why should I choose you as my financial advisor?

Holistic Planning, Relationship Driven Planning, and Independence (not tied to certain products)

Q: What are your qualifications? What is your education background?

Three years in the financial services industry University of Arkansas Graduate 2012, Major: Finance Minor: Psychology Designations: SIE, Series 7, Series 66

Q: How do you charge for your services?

Asset Based Tiered Fee Schedule, Commissions, and Planning Fees

Q: How are you compensated? How will I pay for your services?

Asset Based Tiered Fee, Commissions, and/or Planning Fees

Q: If you are going to manage my account, will you obtain my permission every time you buy or sell something?

We will inform you of trade recommendations on your behalf. The investment strategy will be explained each meeting. Quarterly review will be sent out to each client.

VETTED

Tel: 469-778-4592 4100 Alpha Road Suite 464 Dallas, TX 75244

Plan to ENJOY THE JOURNEY

About Financial Reserve

We work with our clients to build and preserve wealth and enhance their quality of life. Our dedicated team delivers a unique, comprehensive program specifically designed for each client. Every day we combine long-term vision with short-term focus to help you achieve resounding success.

See Disclosures

Our Team

Ricky Jones

Advisor

Ricky Jones

Advisor

Ricky joined the Financial Reserve team in 2022 as the first permanent Texas advisor. He holds the Series 7 and Series 66 licenses with Cambridge Investment Research as well as life and health licenses. Before joining the firm, Ricky worked as an advisor at Northwestern Mutual in Dallas, TX. Ricky earned his B.A. in Finance and a minor in Psychology at the University of Arkansas. Ricky and his wife, Olivia, reside in Dallas, TX. Ricky enjoys basketball, golf, reading, playing poker, and being active outdoors.

Dave Pederson

Advisor, Shareholder, CPA, PFS

Dave Pederson

Advisor, Shareholder, CPA, PFS

Dave is a Certified Public Accountant (CPA) and holds the Personal Financial Specialist (PFS) designation. He holds Series 7, 24 and 66 licenses with Cambridge Investment Research as well as life and health licenses. Dave is also a Certified Public Accountant (CPA). Prior to joining Financial Reserve, Dave worked with accounting firms Coopers & Lybrand and PricewaterhouseCoopers and as a senior director at Banfield. Dave earned his B.S. and M.S. in accounting from Brigham Young University in Provo, Utah. Dave and his wife, Krystal, have five children, Nicole, Nathan, Derek, Lauren and Kurt. Dave enjoys spending time with his family, being in the outdoors and playing sports, especially basketball.

General Information

CRD#:

5405451

Firm CRD#:

39543

Insurance License#:

Dave - 9464581 Ricky - 19828730

Name of Broker/Dealer:

Cambridge Investment Research

Name of Custodial Firm:

Pershing

States Licensed in:

AR, AZ, CA, CO, DC, FL, ID, MS, NV, NM, OR, PA, TN, TX, UT, WA

States Willing to do Business in:

Primarily Dallas, Houston, San Antonio, and Austin TX

Years of Experience in Financial Services:

Number of Years with Current Firm:

Work Experience:

Dave Pederson - President & CEO of Financial Reserve (16 years) Ricky Jones - Personal Economic Advisor (3 years)

Work with the following types of clients:

Businesses, Individual Investors

Foreign Languages Serviced:

English

Advisory Services Provided:

Financial Planning for Individuals, Financial Planning for Businesses, Education Funding and Planning, Financial Advice & Consulting, Investment Advice & Management, Estate Planning & Trusts, Insurance Products & Annuities, Financial Planning, Risk Management, Money Management, Wealth Management, 401K Rollovers, Retirement Planning, Portfolio Management

Compliance

Registered Investment Advisor:

Registered Representative:

Yes

Investment Advisor Representative:

Yes

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

Qualifications & Memberships

Securities Licenses:

Series 7, Series 24, Series 66

Insurance and Annuity Licenses:

Variable Life, Disability, Annuity, Life, Variable Annuity, Long Term Care

Services

Investment Types:

Exchange Traded Funds (ETFs), Mortgages & Real Estate, Insurance, Annuities, Stocks, Bonds, Alternative Investments, Mutual Funds

Can meet clients in the following ways:

Email, Phone, Video Conference, Your Home, Our Office

Compensation and Fees

Fee Structure:

Fee-Based

Minimum Portfolio Size for New Managed Accounts:

50,000

Compensation Methods:

Based on Assets, Commissions

Fee % Based on Assets:

Tiered Fee

Additional Details on Charges:

At Financial Reserve, we offer 3 levels of service. 1. Investment MGMT (1.25% to .5% fee based) 2. Financial Planning ($475 to $875 initial fee - 50k minimum investment - $50/mo before 500k in assets) 3. Financial & Success Planning ($875 to $1475 initial fee - $0 minimum investment - $85/mo before 2 million in assets with the firm)

Minimum Fee Charged for Managed Accounts:

$0 initial fee

Firm Information

Firm's Number of Clients:

1200

Firm's Number of Planning Clients:

800

Firm's Number of Managed Clients:

400

Assets Managed by Firm:

$900,000,000

Total Assets Under Management by Advisor:

$900,000,000

Preferred meeting methods

I provide a free initial consultation:

Yes

Financial Planning for Individuals

Identify deficiencies, inefficiencies or imbalances with appropriate recommendations. Review of costs and expenses, volatility, historical performance and tax characteristics. Maintain proper diversification and asset allocation through periodic dynamic rebalancing.

Financial Advice & Consulting

Thorough review of current financial situation, goals, objectives, experience, risk tolerance and time horizon.

Portfolio Management

Maintain proper diversification and asset allocation through periodic dynamic rebalancing.

Retirement Planning

Outline the type and level of desired lifestyle and its approximate cost. Identify and develop specific fulfilling activities. Target when financial independence will occur.

401K Rollovers

Execution of 401k rollovers and account transfers from current plan to a new traditional IRA.

Insurance Planning

Determine the type, amount and mix of life insurance needed.

Annuities

Review, analysis, and implementation of annuities tailored specifically to each clients needs. We work with an insurance broker that specializes in finding the best policies for clients.

Estate Planning & Trusts

Review, analysis, and implementation of effective wills and trusts through referral. Minimization of ultimate estate administration and transfer costs.

Tax Advice and Services

Take advantage of little-known tax laws that can make a tremendous difference in asset accumulation. Review of recent tax returns as a springboard to design a program to minimize taxes now and in the future. Efficient tax return preparation through referral.

Education Funding and Planning

Evaluation of savings rate needed to achieve desired funds needed for specific college tuition.

Investment Advice & Management

Determine the amount needed to reach the retention point by target age. Actively manage and monitor investments to help achieve the target mixed rate of return.

Wealth Management

Design a diversified and well balanced portfolio to help achieve the required asset growth.

Risk Management

Analysis of lifestyle reserves needed to maintain family standard of living. Contingency planning to cover job loss or disability. Worry free risk coverage for a person's biggest asset: future earnings.

Money Management

Powerful method to obtain and maintain good control of how money is spent. A planned balance of expenditures for both today's and tomorrow's lifestyle. Simplified recording and tracking of expenditures. " Analysis of level and type of debt " Planned correction of debt use problems " Elimination of consumer debt with carefully planned use of other types of debt

Financial Planning for Businesses

Outline the type and cost of desired retirement plan for your business, as well as Succession Planning.

Why should I choose you as my financial advisor?

What are your qualifications? What is your education background?

How do you charge for your services?

How are you compensated? How will I pay for your services?

If you are going to manage my account, will you obtain my permission every time you buy or sell something?

Disclosures

WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.

Additional Detailed Disclosures

https://www.wiseradvisor.com/disclosure/1892003/wiseradvisor-financial-reserve-detailed-disclosure.html

Disclaimer

Check the background of your financial professional on FINRA's BrokerCheck. Please consult legal or tax professionals for specific information regarding your individual situation. Securities offered through Registered Representative of Cambridge Investment Research, Inc., a Broker/Dealer, member FINRA/SIPC, to residents of: AR, AZ, CA, CO, CT, DC, FL, GA, HI, ID, IL, IN, IA, LA, MA, MD, MI, MN, MO, MS, MT, NE, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Financial Reserve are not affiliated. Check out the background of firms and investment professionals on FINRAs BrokerCheck. Form CRS: https://www.joincambridge.com/investors/cambridge-disclosures/form-crs/

17 Years of Experience

CRD# 5405451 Firm CRD# 39543Insurance License# Dave - 9464581 Ricky - 19828730Series 7, 24, 66

Compliance

Registered RepresentativeYes

Investment Advisor RepresentativeYes

Acknowledged fiduciaryYes

Compliance Disclosures in Last 5 yearsI have a clean record

Criminal Disclosures in Last 5 yearsI have a clean record

Communities Served

Primarily DallasHoustonSan Antonioand Austin TX

Research This Advisor

www.finra.org