Frequently Asked Questions
To help women and their families, especially those facing a major life transition like retirement or widowhood, achieve comfort and confidence in their financial future and make the most of their one life.
Your financial plan, which reflects what is personally important to you, is at the center of all the work we do together. This planning-first approach places our focus on using your financial resources to improve your “return on life” instead of concerning ourselves only with your return on investment as most financial advisors do.
I provide comprehensive financial planning which is designed around the things, experiences and people that are most important to you. Only after we have created your plan can we then work on your investment management, insurance coverages, estate planning, and any other areas that we need to address as part of your lifestyle financial plan.
I am a fee-only fiduciary financial advisor. This means that my ONLY compensation comes directly from the fees paid to me by my clients. I don’t accept commissions or any other form of compensation from other financial or investment companies. I also don’t receive or pay any compensation for referrals to or from other service providers.
Yes. I’m a fee-only, fiduciary advisor at all times. In fact, I provide a signed copy of this fiduciary oath to all new clients.
I have a simple and transparent fee based on the complexity of your personal situation and the amount in your investment portfolio.
I'm currently accepting new clients with investment assets of $1 million or more. I do my best work for financially responsible women (and their families) in their 50s and 60s.
My fee includes all financial planning, investment management, coordination with your other professional advisors, regular meetings and full access to me during working hours. One-fourth of the fee is charged each calendar quarter and deducted from your investment accounts.
Yes. The investments I recommend have expense ratios that range from 0.06% to 0.12%. This is not an explicit fee that you pay. Instead it is deducted from the return of your portfolio.
Fidelity Investments, where my clients custody their accounts, also charges transaction fees every time we buy or sell a fund in one of your accounts. This transaction fee is $4.95 or $8.95 per trade depending on whether or not you’ve enrolled in electronic statement delivery or if you have $1 million or more with Fidelity. Our typical client only has 2-3 trades per year once we’ve setup their portfolio initially.
There are no other fees that my clients pay.
While it’s important to compare service and value delivered in addition to fees, I’ve found over the years that the total fees my clients pay are approximately 25-50% less than most advisors when ALL fees and expenses are included. Of course, there will always be exceptions. I’m happy to discuss this with you in detail and provide you with a thorough review of your current fees and expenses at no cost or obligation.
Contact with clients is higher in the first 12-18 months of our relationship as we spend time establishing your financial plan and working through the items that we agree need to be addressed. Over time, I typically touch base with my clients every 45 days to check in and see if they need anything or have any questions. And while I’m available to meet on an as-needed basis, most of my clients meet with me 2 times per year to review/update their plan and discuss their situation.
I am happy to review a sample financial plan with you upon request.
I work for Wealthcare Capital Management, an SEC Registered Investment Adviser based in Richmond, Virginia. Wealthcare Capital Management currently manages over $1 billion in client assets.
I have been delivering personal financial advice to individuals and families for 25 years. During these 25 years, I’ve worked for one of the largest financial services companies in the world, owned and operated my own wealth management firm, and now work for an independent wealth management firm with resources and capabilities that complement the value I’m able to deliver to my clients.
Getting started is easy. Simply call or email me and let’s have an initial phone conversation to determine if a meeting makes sense. If we both agree to meet, we’ll sit down at a convenient time and location to continue exploring the possibility of working with each other. There is no cost or obligation for this meeting. If we mutually agree to move forward, we’ll schedule a 90 minute “discovery” meeting to begin the financial planning process.
Yes. Almost all new clients come to me via referral from current clients or other professionals such as CPAs and attorneys.
No. There is no cost or obligation for our first introductory meeting.
IRS Code Section 212 states that investment advisory and financial planning fees incurred may be deductible as miscellaneous itemized expenses to the extent that they exceed 2% of your adjusted gross income. Other miscellaneous itemized deductions which fall into the same category are fees paid for a safe deposit box, estate planning fees, tax preparation fees, attorney and legal fees, and more. So the short answer is fees paid for wealth advisory services may be deductible and I encourage clients to ask their accountant or CPA about the deductibility of their fees.
My firm and I maintain state of the art security measures. While no guarantees can be made in the current day and age of cyber hackers and other criminals, we have consulted with leading computer security experts. These experts have attempted to expose “holes” or “flaws” in our systems and were not able to do so. As such we feel confident we are doing everything we can to protect our clients to the fullest extent available with the current technology. We are very concerned with computer security and take this matter very seriously. In addition, we shred all client documents using either a secure shredding service and/or a cross cut high capacity shredder and conduct tests on our security measures on a regular basis. By law we cannot disclose your private information to anyone but you directly, or your other financial advisors (attorneys, accountants, estate planners) with your consent only. However, we share client information with our third party vendors who assist us in providing services to our clients. Clients consent to this in the advisory agreement. Our clients’ information is highly confidential and we take this matter very seriously.
No. While most of my clients are in and around Atlanta, I also have clients in Tennessee, Indiana, Florida, Illinois, Virginia, Pennsylvania, and a few other states. I even have a client that lives in Japan.
With today’s technology, I can provide great communication and service regardless of your location.