Weaver Tidwell Wealth ManagementYour Financial Advisor Coach

For a person to meet their overall financial objectives, they need the services of a tax specialist, a legal specialist, an insurance specialist, a money psychologist, and an investment specialist. We at Weaver Tidwell Wealth Management serve as a financial advisor coach who addresses all these issues with an emphasis on the personal touch especially in investment management.

Most people have three choices. They can do the investments themselves, use the services of an investment broker, or hire a financial advisor coach.

If they do it themselves, they do all the research, develop an appropriate asset allocation model, objectively (if possible) consider time frame and risk tolerance, and execute the transactions using only no-load funds through a discount broker (only if the funds are available in the discount brokers’ platform).

If they use an investment broker, the broker will only recommend investments their firm sells that pays the firm a commission on each transaction or a flat annual fee. The broker may develop a model using multiple assets based on the client needs. They will address investment issues only and are not proficient advising on matters of tax, estate, or business issues. They have little incentive for on-going investment advice since they were generally paid up-front through commissions.

If they hire a financial advisor coach, the advisor will first take the time to get to know the client. The advisor will assess their goals and aspirations, review their risk tolerance, establish time lines, and develop detailed plans to meet their retirement, estate, education, and survivorship objectives. Next, the advisor will recommend specific solutions to the clients’ concerns and recommend implementation strategies that are not limited to one firms’ products or services. Lastly, the advisor will monitor the clients’ progress on reaching their goals and recommend any appropriate changes necessary to navigate the course. They will advise the client to take timely action and prevent them from making costly mistakes. All investment products are acquired without any front or back-end commissions and the advisor’s annual fees are based on assets they help manage. Their income rises and falls with their results.