There shouldn’t be any fees, costs, or penalties associated with switching financial advisors. If you have after-tax investment accounts, there may be capital gains taxes associated with selling investments that have grown in value since you purchased them. But that tax will need to be paid eventually, so it’s merely a matter of paying it now versus paying it later, and the benefits of getting into the right portfolio of investments far outweigh costs like these.
We’ll make sure you’re fully informed before any costs are incurred.
Hendershott Wealth Management (HWM) does not take custody or possession of your savings. Client assets are held at Charles Schwab Institutional in an account registered to you.
Yes, all fees paid from retirement accounts are pre-tax. Also, Section 212 of the IRS Code permits a deduction for tax and investment advice in excess of 2% of your Adjusted Gross Income.
No problem. We have long-standing client relationships with investors in every US time zone. We meet regularly with our clients and are available to meet in person and remotely via Skype, telephone, email, text and more. As long as you live in the US, you’ll be well taken care of.
We manage finances for over 100 clients. Those clients include women, men, divorcées, singles, married couples, and the owners of businesses for whom we manage company 401(k) and profit sharing plans.
50 years ago. The second best time to invest? Today.
Here is the list of documents we recommend you gather:
- Most current investment statements (most important)
- Copy of two years of tax returns (also important)
- Loan and mortgage information (if applicable)
- Employee benefits statements
- All insurance policies (life, disability, medical, auto)
- Income estimates for current year (offer letter or last year’s final pay stub usually suffices)
- Any budgets you have previously created or documentation of spending and/or saving.
We’ll send you a secure link where you can upload documents for our review.
Our highly regulated industry does not allow us to share past client success stories—under the premise that they may inordinately promise that we can create the exact same result for you. Rest assured though that our clients consistently tell us that we make them feel safe and taken care of—and we are extremely proud of the work that we have done.
Here is our Yelp Page.
We do include a family of SRI funds in our investment options. These funds seek to navigate the tensions that may arise between personal financial goals and the broader considerations of sustainability and social responsibility.
Keep in mind that every broad-based fund, no matter how socially conscious, may run the risk of owning companies that conflict with individual values.
