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THINGS TO CONSIDER
Plenty of people are willing to help you with your finances. On any given day in the United States, between 100,000 and 300,000 individuals refer to themselves as financial planners or wealth management advisors. It's critical that you select carefully and well. Five criteria come to mind.
Integrity
Without it, nothing else matters.
Knowledge
Knowledge is power. Wealth management is complex. There is an expanding universe of information, products and services from which to choose. Choosing well can mean enhanced control over your financial future and peace of mind; choosing poorly can be very costly. REDW Stanley invests substantial resources in technology and training to be sure we're giving you the best knowledge available.
Objectivity and Independence
Recommendations for your financial future must be made with only you and your interests in mind. That's why we accept no commissions or hidden fees for our services. We are a fee-only service. You can trust that the counsel we offer is based on your needs and goals, not ours.
Experience
While many companies have only recently delved into wealth management, the REDW Stanley team has been working in it for many years. Just like in life, experience brings a valuable ability to see the big picture clearly.
Professionalism
Trusting and feeling comfortable with your financial advisor is critical. The REDW Stanley team is made up of several knowledgeable and personable professionals who value integrity and client service. Helping you reach your financial goals is our goal.
THE PROCESS
Where are you now?
We use a consultative process and the process begins with listening. We use questionnaires and interviews to get to know you. Once the interview process is complete, we mutually decide how to proceed...what is to be included in the plan, how detailed reporting is to be, and how much it might cost. If we both decide to proceed, we'll request very specific additional information from you. The appropriateness of our recommendations will depend on the quality of your information.
Where do you want to go?
You tell us where you think you are and where you want to go. We'll help sort through and prioritize goals and objectives to bring your financial life into focus.
How will you get there?
We analyze existing and potential strategies. We look at as many scenarios as needed until we have identified the best possible strategy for you, and then we begin the recommendation process.
This might be very complex and detailed or very simple with global recommendations. You tell us and we'll deliver it to you the way you want it. But for sure: it will be in writing and communicated in language you understand; it will be our objective advice with only you in mind; and we'll educate you along the way.
Are we there yet?
If not implemented, your plan is only an expense and has little value. We are happy to work with you and your other advisors to implement recommendations and monitor your progress. Together we define how this is best accomplished.
CREDENTIALS AND THEIR IMPORTANCE
You will get the benefits of our experience, training, and resources, as well as some of the finest minds in the industry.
Team members have earned one or more specialty designations, including:
Personal Financial Specialists (PFS)
Certified Financial Planner (CFP®)
Accredited Business Valuator (ABV)
Certified Valuation Analyst (CVA)
Certified Public Accountant (CPA)
Chartered Financial Analyst (CFA)
Certified Employee Benefits Specialist (CEBS)
Certified Investment Management Analyst (CIMA)
Accredited Investment Fiduciary Auditor (AIFA®)
Accredited Investment Fiduciary (AIF®)
Certified Fraud Examiner (CFE)
Certified Compliance Professional and Investment Advisors (CCP:IA)
This alphabet-soup means something more than intellectual achievement and experience. It means you're working with skilled professionals who adhere to strict codes of ethics and regulations. And our fee-only structure ensures that you're receiving objective, independent advice.
When you become a client of REDW Stanley, you can also tap into the resources of REDW Business and Financial Resources LLC, one of the largest public accounting and advisory firms in the southwest.