What is expected of a CERTIFIED FINANCIAL PLANNER™ professional?
One of the hallmarks of a CFP® professional is that the CFP® Board Rules of Conduct require them to act as a fiduciary when working on financial planning, which means they have to act in their clients’ best interest. To become a CFP® professional, they have to complete what the board calls the four E’s: education, examination, experience, and ethics. These planners have training on everything from taxes to insurance to estate planning, and are required to complete ongoing continued education requirements. Not everyone in the financial services industry is held to these standards. See About CFP.
*Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame logo) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
How do we get paid for our professional services?
At Pursuit Wealth Strategies, we understand that every situation is unique, so our advisors work primarily on an advisory fee basis. Click here for our Fee Schedule.
Other services that our fees cover:
– Problem solving in all life transitions
– Retirement income planning
– Ongoing financial planning
– Click here for our Standard of Care.
* Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. A list of additional considerations, as well as the fee schedule, is available in the firm’s Form ADV Part II as well as the client agreement.
What is your investment philosophy?
Our philosophy is that of investors not traders. This means that we invest based on specific goals and objectives and are not swayed by media noise and market timing. We believe that the biggest component to performance is behavior management. In our opinion, the worst financial decisions are made by emotion not logic. When markets are soaring some folks want to be buying and when markets are falling those same folks want to sell. It is our job to help you fight those bad behaviors that cause some average investors to experience far below reasonable rates of return.
Do I need more than one advisory team?
Advisors cannot properly manage your portfolio without looking at the whole picture. Proper management can be difficult when assets are all over the place. A trusted advisor is essential in helping you put your assets in the appropriate place as well as keeping you in your seat during the tough times.
Is Pursuit Wealth Strategies a good fit for me?
The initial meetings are a chance for us to get to know each other in order for us both to determine if this would be a good fit. It is important that there is a fit with our philosophy and value system, and that we are able to provide a new client our attention without impacting our ability to assist our current clients.
Do you work with clients outside of North Carolina?
Yes! Our team is up to date on the latest technology and has the ability to work with clients in most states, including AZ, CA, CO, CT, DE, DC, FL, GA, IL, KS, LA, MA, MD, MI, MS, NH, NJ, NY, OH, PA, RI, SC, TX, VA, WA.