What Is a Fiduciary and Why Is It That Important To Me?
A fiduciary is someone who acts in good faith and in the best interests of the client. A fiduciary duty is the highest standard of care. At Parker Financial Advisors, we are fiduciaries to our clients.
Where Are Client's Assets Held?
Our client's assets are held with prominent and reputable third-party custodians. Our primary custodians are Charles Schwab & Co., Inc and TD Ameritrade Institutional.
What Are Your Fees?
Without speaking with you directly, it is impossible to assess your fees. We have found that our clients are quite comfortable with the value we deliver relative to our fees.
Does Parker Financial Advisors Receive Commissions, Referral Fees, or Other Forms of Hidden Compensation?
We are a "fee-only" advisory firm, which means in all circumstances we are compensated solely by our clients and therefore do not receive compensation that is contingent on the purchase or sale of a financial product. In addition, a member of the National Association of Personal Financial Advisors (NAPFA) may not receive commissions, rebates, awards, finder’s fees, bonuses or any form of compensation from others as a result of a client’s implementation of the member’s advice.
How Do I Get a Copy of Your ADV Part 2?
Call us at 877.752.6228 or email us at firstname.lastname@example.org and we will send you a copy.
How Often Do You Meet With Your Clients?
The consultative process takes four to five meetings over a 90-day period. After we complete this consultative process, we will meet as often as you deem necessary and at least once a year.
Do I Have Access to My Account(s) Online?
Yes, each client has access to his or her account(s) through Charles Schwab & Co., Inc. and TD Ameritrade Institutional. Clients are able to monitor their portfolios, download statements and synchronize real-time data with accounting software.