How do you make investment decisions?
Our clients always come first, so we start by looking at their financial goals and the level of risk they’re comfortable with. Then we compare that to investment opportunities in the market. We’re constantly analyzing traditional market data as well as detailed research and projections from leading financial institutions. Only when we’ve identified the investment opportunities that we believe are appropriate for a given risk profile do we move forward.
Do your clients have to meet any special criteria?
We prefer clients who are comfortable being open about their financial situation and their goals for the future, as having a transparent and trusted relationship with our clients allows us to provide our best service.
We prefer clients who are looking for long-term investment.
We prefer to manage investments on a discretionary basis, which means our clients give us permission to make certain investment decisions on their behalf. The ability to make these decisions allows us to periodically adjust our investment strategy and respond to market conditions when necessary.
We currently accept new clients by referral only. Referred clients tend to have assets, needs and expectations that are similar to our current clients, allowing us to leverage our experience and existing strengths.
How big is the Seibold Wealth Management?
Our practice manages over $200 million in assets, with approximately 70 households accounting for 90% of those assets.
How do you get paid?
In order to make investment decisions on a discretionary basis, we charge a single annual fee for our ongoing wealth management services. This fee is a percentage of your total invested assets.
What is private investment management?
Private investment management (PIM) is an investment program through Wells Fargo Advisors Financial Network that allows us to offer customized portfolio construction and close, personal service to our clients. Because only a small percentage of financial advisors at Wells Fargo Advisors Financial Network meet PIM standards and are eligible to act as PIM portfolio managers, we believe our participation in this program sets our practice apart.
Do you work with lawyers and accountants?
Yes, we prefer to work closely with lawyers, accountants and other relevant professionals during estate planning, retirement planning and other related activities for our clients.
*Fees for the [PIM] program include Advisory services, performance measurement, transaction costs, custody services and trading. Fees are based on the assets in the account and are assessed quarterly. There is a minimum fee of $250 per calendar quarter to maintain this type of account. Advisory accounts are not designed for excessively traded or inactive accounts, and may not be suitable for all investors. During periods of lower trading activity, your costs might be lower if our compensation was based on commissions. Please carefully review the Wells Fargo Advisors advisory disclosure document for a full description of our services, including fees and expenses. The minimum account size for this program is $50,000.
Wells Fargo Advisors Financial Network and Seibold Wealth Management Group are not legal or tax advisors. However, its Financial Advisors will be glad to work with you, your accountant, tax advisor and or lawyer to help you meet your financial goals