Your Net Worth Advisor Asset Management service starts with either a Comprehensive Financial Plan or Strategic Financial Plan. Following a financial plan, ongoing clients receive the following services:

Meetings - Twice a year we meet with you to review a portion of your financial, investment, or tax situation to reflect current conditions. These meetings can be any of the following:

  • Retirement/Goal Update - Your retirement goal is updated every other year so that you can see how current market conditions have impacted your plan. You will ALWAYS know where you stand with your retirement plan.
  • Asset Protection Review - We'll update your insurance needs every two or three years to make sure that circumstances haven't changed, warranting additional coverage.
  • Estate Plan Review - Every five years or so we will review your estate planning documents to determine if you need to update account titles, beneficiaries, or other estate documents.
  • Cash Management - This meeting is held as needed by clients to review their spending habits against their income and tax situation to prepare them as they approach retirement.
  • Annual Portfolio Review - An in-depth discussion of your holdings.
  • Tax Preparation - Simple tax returns are provided as needed.

Reports - We offer in-house quarterly reports and third party monthly and quarterly reports to keep you aware of your finances and provide checks and balances of proper reporting. These reports include:

  • Quarterly Performance Reports - Comparing your portfolio versus benchmarks like the S&P 500.
  • Portfolio Cash Flow Reports - Quarterly reports showing deposits, withdrawals and account growth over time.
  • Monthly or Quarterly Statements - Statements sent directly to you from your account custodians.
  • Annual Net Worth Update - A snap-shot of your net worth to compare against previous year's values.

Education

  • Quarterly Highlights Letter - Included with your quarterly performance reports you will receive a personalized letter highlighting a few areas of your reports.
  • Quarterly Newsletter - Included with your quarterly performance reports you will receive a newsletter with an economic update and educational article.
  • Blog Articles - Periodic articles on IAM Financial's blog www.ThinkingBeyondNumbers.com.
  • Micro Blog - IAM Financial shares links to articles pertinent to your finances at www.twitter.com/rfeight.

Miscellaneous Services Included

  • Same Day Call Back Policy - Clients of IAM Financial will have their calls returned within one business day.
  • 24 Hour Financial Emergency Response - We will reponsd to client's financial crisis within 24 hours with updates on resolution progress.
  • Second Opinion - In addition to the services mentioned, Net Worth Advisor clients are encouraged to ask us for our opinion on any matter that may impact their finances. Paying off mortgages, lease or buy, using online money markets, etc. are a few examples of questions clients have asked in the past.

The Fee for this service start out at $1,125 per quarter ($4,500 per year) until account values reach $600,000. At $600,000 your fee is based on 0.75% of your accout values until your account values reach $1,000,000. Account values over $1 million are billed at 0.25%.

For more information IAM Financial's services, please read our ADV 2., Item 5 Fees and Compensation.

Contact Us to schedule a FREE Initial Consultation today

"It was never my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!

-Edwin Lefevre