What are your qualifications?
Our independent advisors are Certified Financial Planner® professionals. Only a select group of planners have met the rigorous education, examination, experience and ethics requirements set forth by the Certified Financial Planner Board of Standards, necessary to call themselves a Certified Financial Planner® professional. CFP® certification is a symbol of an advisor’s knowledge and credibility among his or her peers and indicates the advisor’s status as a qualified, trustworthy financial planner.
What is an independent planning and investment services firm and how does that differ from other firms?
We serve clients in a fiduciary capacity, which requires us to place your interests first. We have no obligations to investment product providers and are not subject to quotas or home-office directives.
We have a relationship with LPL Financial, the nation’s largest independent broker/dealer, as reported in Financial Planning magazine 1996-2018, based on total revenues. LPL Financial has no proprietary products.
Why consider a financial plan?
While money is an important component in the pursuit of financial security and personal fulfillment, financial objectives must be balanced with other considerations. In our experience, those who have attained true happiness and fulfillment in life have also achieved alignment between their personal values and financial goals. A plan that reflects what matters most to you—family, loved ones, community, the charities, and organizations you support, and your legacy—plays an important role in helping you to not only organize your finances in an intentional manner but live your life with true purpose.
How do you manage investment portfolios for clients?
Every client’s situation is unique. We are Independent and offer our clients access to a wide variety of professional fee-based management platforms. We make our objective recommendations only after obtaining a thorough understanding of our clients’ goals, risk tolerance, and Investment experience.
How are you compensated for your services?
Redwitz Wealth Management Group is compensated in two ways. For financial planning services, there will be an agreed upon flat fee based on the complexity of the plan and goals and objectives of the client. For investment and portfolio management, we will charge a fee based on a percentage of the assets under management. This structure aligns us and the client to help ensure that we are working toward the same goal.
I already have an insurance agent, attorney and/or CPA. Can I continue working with them?
Yes. In fact, we believe that it is in your best interests to continue working with the professional advisors you know and trust. We will work closely with your advisors to coordinate the advice you receive.
Is my spouse/significant other required to attend planning meetings?
We believe that education, understanding, and communication form the cornerstone of a sound financial plan or investment portfolio. As a result, we believe it is very important for all interested parties to attend meetings.
Are you accepting new clients and do you have a minimum account size requirement?
Typically, new clients come to us with investable assets of $200,000 or more. We enjoy working with families and individuals who value a long-term professional relationship and are motivated to seek out and follow objective and professional financial advice and guidance.
I don’t live in your area. Can I still partner with you?
Yes. We work with clients in many states across the U.S. While we prefer face-to-face meetings, effective meetings can be held through a variety of online tools.