Frequently Asked Questions

Do you have questions? We have answers.

While there are many stockbrokers, life insurance agents, and other advisors, competing for your attention, we believe that what sets us apart is precisely what someone should be looking for from an advisory firm.

 

Ethics

We began our business in financial services with the belief that we honor our client’s financial goals first and foremost. As a Certified Financial Planner® licensee, we adhere to a strict set of standards and ethics and a fiduciary commitment to our clients.

 

Independence

We are an independent financial advisor and work only for our clients.

 

Experience

With over 25 years in the financial services industry, we have seen a number of fads and "new paradigms" but also some good innovative ideas, It takes a number of years to understand the workings of the industry and all the different financial products. Most people would prefer to not be part of the "learning curve" for someone just starting out in the business.

We have strived to develop a compensation structure that allows us to provide all of our clients with the services they require in a cost-effective manner.

Investment Management

 

Investment Management fees are calculated as an annual percentage of the assets we manage on your behalf. Our fee for Investment Management begins at 1.25% annually, decreasing to 1.00% on larger accounts. Fees are calculated monthly and deducted from the account automatically. You are only charged for the actual number of days that your assets have been managed within the month that is being billed.  There is no long term commitment.  There is no minimum amount required to open an account.

 

Investment and Planning Bundle

 

Our Financial Planning services are typically “bundled” with our Investment Management.  Similar to a retainer concept, a predetermined number of Financial Planning hours are available for clients to use based on the amount of assets under management.  Larger accounts have more hours available for Financial Planning needs.  However, even very small accounts have time available to create a basic financial plan.  The Financial Plan becomes more comprehensive as assets managed increases.  See our Services Schedule for details.

One-Time Projects

 

Financial Planning services are also available on an hourly or per-project basis.

 
Singular projects are billed at a rate of $150 per hour of advisor time. Project fees are quoted based on complexity and the amount of work to be done.

Unless previously agreed upon, we are available, without any additional fees, for any consultation required to respond to the needs of our clients. We encourage our clients to call us any time financial guidance is needed. We would much prefer to hear “This is want I’m thinking of doing” rather than “Guess what I just did.”

A regular financial “check-up” can help you ensure that you’re still in good fiscal shape. Changes in your personal situation, the marketplace or other events may have altered your situation since you first put your plan into place. You'll want to make sure that your current objectives, risk tolerance, time horizon, and personal expectations remain aligned with your financial plan.

Absolutely. As independent advisors, we have the ability to oversee many types of established accounts including:

  • IRA Rollovers
  • Investment accounts
  • Life Insurance
  • Annuities
  • Retirement plans

Making the change to our firm is much easier than you might expect. Call us for more details.

There is no minimum dollar requirement to work with us. That said, not all investment strategies are available or appropriate for smaller account levels.

Creating a sound financial plan is about making wise choices and focusing on your current and future goals. It's not about how much money you have, it's what you do with it.

As much as you want. No more and no less.

No, we use this first meeting to determine whether or not we can effectively be of service to you, as well as to allow you to evaluate us. In other words, it's a time for us to get to know one another. As long as that is the main purpose, there is no charge for the meeting.

Not as much as you might think. Bring your spouse or significant other A simple summary of your income and expenses and of your assets and liabilities would be helpful. For the first meeting, spend some time thinking about your financial goals, the issues you need help with, and the questions you’d like to ask us.

While we strongly encourage in-person meetings, our priority is to help you simplify your financial affairs.

For those living in the Cincinnati area, we will meet with you in whatever location is most convenient for you (our offices, your office, your home, etc.) and makes the most sense under the circumstances.

For those a little farther away, we utilize the latest technologies, including Web conferencing, teleconferencing, secure file transfer and e-mail, to ensure timely communication between face-to-face meetings. Additionally, much of our financial planning process can be done as a collaborative work online via a secure connection.

Contact Gary Williams by phone at 513-791-8899, or by going to the Contact Us page, and an appointment will be arranged. There is no charge for this initial meeting.

That depends on the scope of the work that you want done. Most clients who engage us for financial planning come in to our office a couple of times and may spend a couple of hours each time. Some of the info we need from clients involves homework on their part. We do not use “cookie cutter” financial plans. Most of the value you receive from our advisors will come during face-to-face conversations.

No. Brokers typically deal with just portfolio management. We provide an advisory relationship that exudes the "personal" touch. We keep our client base small, so that we can get to know our clients as individuals and not just “accounts”. This personal interest creates a level of service which we believe cannot be matched by the larger financial companies and banks.

All clients retain complete control over their investment objective and portfolio asset allocation, which determine the way the portfolio is invested. We do not exercise discretionary control over your account. This means that you must be consulted and must authorize any transactions within the account prior to those changes being made. It is very important to understand that neither Gary Williams, Crown Capital Securities, L.P. nor any staff member has any control over or access to your money. Your cash and securities are always held by a separate custodian.

Yes. Most of our new clients are referred to us by our already existing clients or by a trusted professional advisor. At this time, we are currently accepting a limited number of new clients.

Not at all. We manage every aspect of implementing client portfolios. We prepare all the necessary paperwork – our clients simply review and sign. We handle all of the due diligence and daily oversight to free our clients from the minutia. We take pride in making our client’s lives less complicated rather than more.

Yes. As part of our comprehensive financial planning process, we work with all retirement plans, both work related and separately held. This is then integrated with the remainder of the comprehensive financial plan in conjunction with your personal goals.

Securities are normally held in the name of the client in a brokerage account with Pershing LLC, National Financial Services, or at selected third-party asset management firms.

An Investment Advisor is a fiduciary who has a duty of undivided loyalty to his investment advisory clients and must deal fairly and honestly with them.

Any person or entity that holds itself out as an investment advisor and manages 30 million dollars or more in assets, must be registered with the Securities and Exchange Commission.

Gary Williams is a Registered Investment Advisory Associate of Crown Capital Securities LP. Crown Capital Securities is an investment advisory firm registered with the Securities and Exchange Commission as a Registered Investment Advisor.

The CERTIFIED FINANCIAL PLANNER™ certification is a professional certification that represents a high level of professional education.

An individual who has earned the CFP® mark has completed a two-year course of study and passed a rigorous examination. It also mandates adherence to a strict set of standards and ethics, continuing education in the field and a fiduciary commitment to clients.

This fiduciary duty means that we as CFP® practitioners are obligated to provide our clients with the "highest standard of care" possible.

Registered Investment Advisors are held to what’s known as a fiduciary standard, generally considered the highest legal duty one party can have to another. This means, among other things, that we are legally obligated to put your interests ahead of our own.

Brokers, in contrast, are typically held to a lesser requirement known as a “suitability” standard, which requires that any investment vehicle they recommend to a client be “suitable,” but allows them to recommend an investment vehicle that would result in a higher commission to the broker over one that would be in the client’s best interest.

An investment policy statement helps to take the emotion out of investing. An IPS outlines your investment objectives, income needs, time frames, asset mix guidelines, security selection criteria and review process. It helps you stay the course and reach your long-term goals while avoiding overreaction during market downturns.

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