The decision to retain a new Certified Financial Planner® (CFP®) is serious, and the team at THE STRATEGIC WEALTH ADVISORTM wants to assist prospective clients in any way they can. This list of questions and answers was developed to provide additional insight into their business and their point of view. If your question is not addressed here, please phone or email the team and they’d be happy to talk with you.
When asked this question, THE STRATEGIC WEALTH ADVISORTM clients offer answers including, “I wanted a third party to ‘check my work’ and make sure all the accounts were optimized,” and, “Having a Financial Planner make the recommendation took the emotion out of many of the decisions.” In the role of Financial Planner, it is Nancy Hite’s job to ask the more challenging questions and look objectively at your position because this will, in the long run, give you a better result.
Different financial professionals take different approaches. The team at The Strategic Wealth AdvisorTM leverages their training and experience to provide comprehensive financial planning. This means they look at more than your 401K or IRA; they learn about your personal goals and then craft a plan that considers: equities and other investments such as future plans and real estate, future income planning, possible long-term care expenses, estate planning, financial risk management and tax minimization strategies.
As an independent CFP®, The Strategic Wealth AdvisorTM is not restricted to offering you a specific line of products or tools; they can recommend funds or investments offered by a range of firms. Additionally, as an independent, Nancy has no incentive to promote or encourage their clients to buy one particular product vs. another. This freedom enables them to develop an investment portfolio that is most in line with your particular goals.
Chartered Financial Consultant (ChFC) is a designation awarded by The American College after a candidate has completed their nine-course education program, met experience requirements and agreed to uphold a code of ethics.
Certified Financial Planner (CFP®) certificants are individuals who have met CFP Board’s education, examination and experience requirements, have agreed to adhere to high standards of ethical conduct and who complete CFP Board’s biennial certification requirements, including continuing education. All CFP® certificants have voluntarily submitted to the regulatory authority of CFP Board.
The ChFC and CFP® are widely regarded as two of the top three credentials in the financial planning field. You can check the others on our web page.
Nancy Hite is licensed to trade securities and can do that on behalf of her clients; however, she is not a stock broker. A stock broker trades stocks, but doesn’t necessarily consider a client’s comprehensive financial plan and whether one security vs. another better suits the client’s specific goals. Investing in stocks should be just one piece of a comprehensive financial plan.
The Strategic Wealth AdvisorTM works with a select group of families to meet their financial goals and dreams. All clients meet with and have direct and regular access to Nancy Hite, who often receives comments from clients about how great it is to always have their calls returned promptly, quick appointment scheduling, personal attention, etc.
Generally speaking, The Strategic Wealth AdvisorTM fee is 1% of investable assets. The firm is also available to work on an hourly fee basis in certain situations – $250 an hour. In either case, all fees will be fully disclosed and mutually agreed upon before starting any work.
With advanced scheduling, Nancy Hite will speak for up to 20 minutes via phone with any prospective client. However, the type of input or insight she can provide may be limited until she understands your specific situation.
No, but you are welcome to verify that for yourself. Finra.org has a program called “broker check” through which you can verify Nancy Hite’s clean compliance history.
While it’s possible to search by the last name, it is easier by “CRD” numbers. Nancy Hite’s CRD # is 2287556.
FINRA broker check http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/index.htm