Absolutely not! Discovery Meeting conversations are complimentary.
No! Our client experience is not defined by location. Some of our local clients enjoy the time-saving experience of meeting virtually.
Yes, we can work with clients in every state except (Texas and Louisiana.)
We strongly believe that all people, regardless of net worth or age, deserves unbiased custom financial advice that fits with their unique goals, dreams, and financial position. Thus, DNA Wealth Management does not have any account minimums.
A fiduciary is a person or institution given the power to act on behalf of another in situations that require great trust, honesty, and loyalty. A fiduciary has the highest ethical obligation to put your interests ahead of their compensation and any other considerations. Professionals who aren’t fiduciaries are often held to a lesser standard, the so-called suitability standard. This standard means that the products they sell you, must be suitable for you, not necessarily ideal or in your best interest. We are fiduciaries!
No. We do not require asset management as part of our services, that choice is yours. If you want a second opinion on your DIY portfolio, we will provide you an objective assessment, and show you how you can possibly reduce your portfolio expenses and taxes to keep more of your nest egg working for you. The implementation and management are your responsibility.
There are a few things wrong with this. First, you’re likely paying your broker something, and you don’t even know it. Whether it’s a commission on an insurance policy or annuity, trails from mutual funds he sold you, or some other form, the advice he’s giving you probably isn’t free. Ask them about it.
In addition, they are likely only obligated to recommend investments “suitable” for you and not necessarily what’s in your best interest.
No. You should never be required to do anything that makes you uncomfortable. That includes giving up control of your investments. So if you would like to keep your money at your current custodian (Vanguard, Fidelity, Schwab, Betterment, etc.), you can. Together we can take a holistic approach of all your accounts to design a portfolio that you can then implement.
Absolutely! Whether the account is a 401k, 403b, 457, HSA or the TSP, still working at the company/government agency or separated, we can directly manage. and give it the attention it deserves. We can view your current investments, investment options and their expense ratios and make the appropriate trades as needed.
It means we receive no compensation from any third party, ever. We don’t get paid for selling you “stuff.” We’re never compensated by an insurance, mutual fund, or brokerage company. Fee-Only means, the only fees we receive for our services are paid directly by our clients. This eliminates any conflicts of interest when we make financial recommendations. Because we’re not compensated by anyone but you, we have no allegiances to any company or product. We can recommend what truly is in your best interest, without worrying about how much we’ll be getting paid from those recommendations.
Don’t be fooled by advisors using the term “Fee-Based”. What this means is that even though they may receive compensation from a client in the form of a fee (retainer fee, assets under management fee, hourly planning fee), they may also recommend products to you that pay the advisor a commission.
We believe that the financial planning process is truly a partnership. The first few months of a client/planner relationship requires us to ask lots of detailed and personal questions that will delve deeply into your financial life. It will require lots of time on our end (and some on yours) to get a clear picture of your current financial situation, so that we might provide the best advice possible. Thus, if you are uncomfortable disclosing such financial information or don’t want to take the time to gather the necessary financial information, then we may not be a good fit (or at least it may not be the right time to do this). We want to make the initial planning process as easy on you as possible but might require a little bit of work on your end as well.
If you’re looking for someone to pick individual stocks for you (particularly penny stocks), help you invest heavily in bitcoin and other cryptocurrencies, or help you day trade, DNA Wealth Management will probably not be a good fit for you.
Yes. Goals evolve throughout every stage of life. We will help you determine your ability to maintain your lifestyle and assist you with your healthcare choices, estate, gifting, and philanthropic goals.
No! However, we do have relationships with tax professionals that we like, know and trust, and are happy to recommend their services. For our Wealth Management clients, we may have a proactive relationship with your tax professional.
No! However, we do have relationships with Estate attorney’s and Elder Care attorney’s that we like, know and trust and are happy to recommend their services. For our Wealth Management clients, we may have a proactive relationship with your legal professional.
No! All client assets (stocks, bonds, mutual funds, etf’s, etc.) under Investment Management at DNA Wealth Management are custodied at Charles Schwab, in the name(s) of the client(s).
