FAQ

We work with individuals, families, and institutions who seek professional wealth management and financial planning services. Our clients range from ordinary individuals and families to those with specific wealth management needs. For example, if a family is considering the sale of a business, we can help with the pre- and post-sale wealth management planning and portfolio management. Busy entrepreneurs and professionals who understand the benefits of having a financial plan and enlisting skilled professionals to manage their investment portfolios are another example of clients we help. Surviving spouses and recently divorced individuals who need help managing proceeds from estates or a divorce are also among the types of clients we serve. Finally, we can manage trusts created through estates and charitable foundations.

We do not have a minimum account size.  However, we're often best suited to serve clients with investable assets around $250,000 or more. For special circumstances, we will gladly help non-profits or charities with fewer than $250,000 in investment assets.

We work through a Limited Power of Attorney (LPOA) that allows us to interact with an independent entity on your behalf to execute trades and manage your account. FSG Wealth Advisors, LLC does not directly hold your securities or cash, and we highly recommend that you DO NOT permit any wealth manager to both manage and to custody (hold/safe keep) your assets. For your protection, your assets are custodied with Charles Schwab & Co., Inc. Schwab is a qualified custodian and a publicly traded financial services holding company headquartered in Westlake, Texas. Schwab custodies hundreds of billions in assets for clients and advisers’ clients. Furthermore, Schwab provides you with separate, independent reporting of all balances and securities transactions.

Yes! FGS Wealth Advisors, LLC provides most wealth management clients with a custom financial plan. Your custom plan becomes the basis of how your investment portfolio is managed. Most client portfolios are a product of our very personal financial planning process. We create a mix of stock and bond asset class investments for your portfolio, and we rebalance your portfolio to make sure the allocations stay in balance with your financial plan. As your life situation changes, we revise your financial plan and may recommend adjustments to your portfolio so that your investment dollars are appropriately allocated.

At the core of our philosophy is the belief that creating, growing, and keeping wealth is simple. Investors are rewarded for maintaining a consistent and disciplined long term strategy based on time-tested Asset Class wealth management techniques. We do not pick stocks or actively trade your portfolio or try to time the market.

We believe all of our clients can benefit from low-cost, asset class mutual funds and Exchange Traded Funds (ETF) to achieve broad diversification and attractive risk-adjusted returns. Keeping investment costs low and transparency high is a great combination for investing success provided one has a long term horizon.

Our management system features consistent interaction with each client. As events transpire, we keep you fully apprised of the performance of your investment portfolio. We meet with you regularly to update your personal financial plan and to make sure your plan is consistent with your financial objectives and risk profile. You have online access to a portal that details your portfolio holdings, asset allocation, and performance summary. We are available for discussions with your tax adviser. Of course, you'll have online access to Schwab (our custodian), and you'll receive transaction confirmations on purchases and sales. Of course, we are available before, during, and after business hours—by telephone and email—to discuss any questions or concerns you might have.

If you need stable monthly income, we can initiate distributions into your personal checking account for your approval, or we can show you how to set up recurring distributions in Schwab.com. Provided you approve the transactions, checks can also be mailed or funds wired as needs arise. Information about your account is provided as a matter of course and in several ways. As a FSG Wealth Advisors, LLC client, your account includes a Schwab custodian account, and Schwab will provide information concerning your account. Schwab provides online account access as well. This is an immediate and convenient way to keep fully apprised of the most current status of your account and to help you plan for tax reporting.

FSG Wealth Advisors, LLC is an independent, fee-only investment management firm. In this capacity, we provide our clients a fee-only fiduciary relationship. Our compensation depends on the value of your assets. Our fees are based on account size, starting at a maximum of 1% per year (billed monthly in arrears) of the assets under management. We do NOT earn commissions on your transactions nor do we accept direct payments from brokers or any other vendors. We wish to help our clients, and we have no hidden agenda.