Services
Hourly Consultation
- Many advisors offer an all-or-nothing approach whereby the prospective client is asked to hand over their assets to be managed by the advisor at a cost of thousands of dollars. But some investors seek only a little guidance, a second opinion, or a basic explanation of how to get started managing their own assets. For this purpose, I offer face-to-face hourly consulting at a reasonable cost.
- Typically this process begins with the client completing a confidential questionnaire, gathering the latest monthly statements, and providing them to RW Investment Strategies. Next, a meeting time and place convenient to the client is set up. The client is charged only for face-to-face time, for which two meetings are usually sufficient.
- If there is ever a charge for other than face-to-face meeting time, the client is notified before RW Investment Strategies proceeds with the analysis.
- The only fee that I receive is that paid by the client: no commissions are collected on any investment recommended.
Investment Management
- For those investors not wanting to manage their assets, I offer investment management services at a rate of 0.4% of assets up to $1.0 million and 0.3% on the increment above $1.0 million.
- The strategy uses market-indexed, low-fee, exchange-traded funds. Portfolio allocation is determined by risk tolerance in consultation with the client.
- A goal of the investment management process is, if desired by the client, to eventually allow the client to manage the assets. As a result, a special effort is made to educate the client on the process.
Company Presentations
- I also work with company employees to educate them on their company savings plan opportunities. Choices available to the employee in the company 401(k) are analyzed, and specific recommendations are made based on the employee’s age, risk tolerance, and retirement goals. Too often, employees fail to participate in the plan because they are intimidated by investment terminology. I seek to help employees over this hurdle.
- As part of this presentation, I am available to meet with employees on an individual basis and offer pointers on general financial planning.
- The fee for this service is negotiable, depending on complexity of the plan and the number of hours the company would request RW Investment Strategies to remain on site to meet with employees. Typically, a group presentation and three hours on site would run approximately $450.
Other Presentations
- I am available to talk to community groups on investment basics including portfolio allocation, exchange-traded funds, macroeconomic developments, and retirement strategies.
- I enjoy working with young adults to enable them to gain financial literacy and begin an investment program.