How are you different from other advisors?
A combination of comprehensive planning, client focus and independence. We focus on the big picture, the six key areas of financial planning. We work for you NOT big Wall Street firms. We are fiduciary as an RIA, we provide the best advice for each client's specific situation and needs without the agenda of a parent company.
Why is it important to work with a fiduciary advisor?
Fiduciaries have a legal obligation to act in their clients' interests. They cannot recommend an investment to a client just because it pays a high sales commission. Fiduciary advisors are free from most of the conflicts of interest that are associated with traditional brokers and advisors who accept sales commissions.
How do you charge?
We charge two types of fees: 1) Financial planning fee to build your foundation and 2) Fee-based to manage your assets. The majority of our compensation is earned as a percentage of client assets under management. This helps to ensure that our interests are aligned with those of our clients. In order to serve the full range of our client's needs, we offer insurance and other products that are only available with a sales commission. In such cases we clearly and fully disclose the costs involved.
Where is clients' money kept?
We keep client assets with an independent, third-party custodian in order to assure their safety. Crosspoint Financial personnel have no direct access to client money. Our primary custodian is Fidelity Investments, one of the largest and most respected firms in the financial industry.
Who is your typical client?
A large percentage of our firm's clients are nurses from Kaiser Permanente, professionals, small-business owners and successful individuals and families who are serious about achieving their goals.
