Please contact us via phone or email to schedule an initial meeting by visiting this contact page.
Frequently Asked Questions
In today’s world the title “Financial Advisor”, “Money Manager” or “Wealth Manager” are all meaningless. Credentials and advanced education demonstrate the commitment an advisor has made to ensure he/she provides their clients with the highest standards of the industry. For your advisor at Family Dynasty Advisors, Mike Caffey has gained knowledge not just in the classroom but brings determination, grit and a never quit attitude which he learned at the “school of hard knox” which is also called the US Military. See Mike’s Credentials
The biggest difference is that a Registered Investment Advisor such as Family Dyansty Advisors that has a fiduciary obligation to their clients. A fiduciary must legally put the interest of their clients ahead of their own. Brokers are held to a suitability standard. A piece of metal and flint is suitable to start a fire but a lighter would be best. Brokers are under no legal obligation to put your interests ahead of theirs. This is why brokers often recommend high commission products. Always ask a financial advisor if he/she has a fiduciary obligation.
Every client has their own idea of what is the appropriate amount of contact. For some clients, we speak weekly to touch base while other clients are ok with visiting a few times a year. In either case, all of our clients at Family Dynasty Advisors LLC, receive regular market and account updates via emails or other forms of written communication. In addition, all of our clients have access to our cloud based portfolio software so they always know how their portfolios are invested, the portfolio risk exposure along with their historical investment performance data.
An ETF (exchange-traded fund) is an investment fund that is comprised of a group of securities, such as stocks or bonds, that can provide investors with a low-cost way to create a diversified portfolio. ETF’s are commonly used to achieve exposure in a particular segment of the market, to a specific industry, or to a geographical region.
All you need to do is provide us with a copy of a current brokerage statement and answer a few questions, then the rest is taken care of for you. We will set up a new account at Charles Schwab and Schwab will contact the firm of your other advisor/broker to initiate and monitor the transfer process.