Wealthspan Partners is as a fee-only wealth management firm registered with the Securities and Exchange Commission (SEC). We are a true fiduciary, which allows us to provide guidance with our client's best interests in mind. We strive to provide an exceptional client experience through interactive financial planning and investment portfolios that are tailored to each of our clients, based upon their goals and objectives.
As a fee-only firm we are compensated solely by our clients and receive no payments from third parties.
As fiduciaries we are required to place our client’s interests ahead of our own.
Clients should have a clear understanding of the fees they are paying and the services they are paying for.
Financial plans and investment portfolio recommendations should be concise and easy to understand.
We believe in educating our clients to become more disciplined and informed investors.
Time Horizons, Risk Tolerance, and (ESG) Environmental, Social, Governance
Which can consist of ETFs, Mutual Funds, Individual Stocks, Individual Bonds and Alternative Investments
Investments should be simple and easy to understand
Investments should be liquid
We believe in building low cost portfolios
We believe in broad portfolio diversification and aligning your portfolio to a defined asset allocation target
Maintaining investment discipline in all types of markets and minimizing emotional decisions, will lead to more favorable investment results in the long run
We believe in partnering with our clients to guide them through bull and bear markets
In this initial phase, we will get to know you to gain an understanding of your financial situation and what matters to you most. We will do our very best to help you meet the goals you have presented to us.
We will review all of your pertinent financial documents, such as: investment statements, retirement benefits, tax returns, insurance policies, and estate planning documents. This will help us understand all aspects of your financial position.
We will analyze all of the financial data, generate comprehensive strategies and recommendations, providing you with a roadmap to financial independence.
We will provide guidance on how to meet the goals and objectives provided in our initial discussions.
We will continue to update and monitor your financial plan to keep pace with the changes in your life. With our new online client portal, you will be able to view and track your financial analysis.
Pre-retirement: We will analyze your current resources and monthly savings to determine your readiness for retirement. This includes making sure you are saving enough, investing properly, and staying on track. Making sure you can retire comfortably, on your terms, is of utmost importance to us.
Retired: We will analyze your current assets, expenses and sources of retirement income, to determine your ability to maintain your current lifestyle. We will work with you to distribute retirement assets efficiently, manage annual required minimum distributions, and control levels of investment risk.
After helping you determine your risk tolerance and time horizon, we will construct a diversified portfolio tailored specifically to your investment and planning goals. We will then monitor and rebalance your portfolio to maintain established asset allocation targets.
We will help you understand the tax implications of the financial assets you own. Maintaining an appropriate balance of non-qualified, pre-tax and tax-free assets can significantly improve your financial flexibility now and in retirement. We will also analyze your income tax return to identify planning and tax minimization strategies.
We will guide you through the many facets of estate planning, including properly titling your assets, reviewing beneficiary designations and analyzing your wills and trusts. We will partner with your attorney to maximize the transfer of wealth to your heirs.
We will analyze the estimated assets and funding required to meet your children’s education goals. In addition, we will guide you to appropriate college savings vehicles.
We will help you understand your executive compensation packages and integrate them into your overall financial plan. These packages can include deferred compensation, company stock options, restricted stock units (RSU), and bonus plans.
We will determine your need for insurance and review all existing life, disability, and long-term care policies, to ensure you have adequate coverage to protect you and your family.
We will help you determine your current cash flow and standard of living. In addition, we will help you capture excess dollars, and apply those dollars towards your financial goals.
Investment management fees are charged as a percentage of assets under management and will range from 0.25% - 1.5% annually.
These fees are primarily determined by the value of assets being managed, but portfolio composition and risk tolerance are additional factors used to calculate the annual fee percentage.
Investment management clients with a minimum of $500,000 in assets under management, will receive ongoing financial planning services as part of their annual advisory fee.
Depending on the complexity of each individual case and the areas of financial planning that need to be addressed, our annual financial planning fees range from $500 - $5,000.
Fee-only financial planners are registered investment advisors with a fiduciary responsibility to act in their client’s best interest. They do not accept fees and compensation based on product sales. Fee-only advisors have fewer inherent conflicts of interest, and they generally provide more comprehensive advice.
At Wealthspan, we’ve chosen to operate as a true fiduciary, which means we are legally bound to make decisions in your best interest.
It is the gold standard of designations in the financial planning industry. It identifies those individuals who meet the stringent education, examination, experience, and ethics requirements in addition to adhering to the principles of integrity, objectivity, competence, fairness, confidentiality, professionalism, and diligence.
The Certified Investment Management Analyst® (CIMA®) certification is the peak international, technical portfolio construction certification program designed for investment consultants, researchers, advisors and wealth management professionals. It demonstrates that individuals have completed and adhered to the “four E’s”: Experience, Education, Examination and Ethics. The CIMA® stands out among other financial certifications for its effective emphasis on the combination of theory and practical application, and trains professionals who have the specialized knowledge and experience to properly guide you through complex financial challenges.
Certified Private Wealth Advisor® (CPWA®) certification is an advanced professional certification for advisors who serve high-net-worth clients. It’s designed for seasoned professionals who seek the latest, most advanced knowledge and techniques to address the sophisticated needs of clients with a minimum net worth of $5 million. Unlike credentials that focus specifically on investing or financial planning, the CPWA® certification program takes a holistic and multidisciplinary approach to include executive compensation, estate planning, wealth transfer, small business ownership structure and tax planning.
No, we offer a complimentary introductory meeting in which we get acquainted with you, learn about your goals and aspirations, and determine the next steps in our relationship.