Frequently Asked Questions

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Yes, we are a fee-only fiduciary. This means, we don't accept commissions or bonuses on any referrals or products we sell. Our founder is not only certified for financial planning (ChFC) and financial therapy (CFT), he is also a Certified Fraud Examiner (CFE). We will never compromise on your needs and  values. Our recommendations are not biased by our own financial gains. We work in your best financial interest.

For most clients, we charge an hourly fee for planning or coaching. Pre-purchasing a package of 5 or more sessions in advance comes with a reduced hourly rates. If you also want help managing investments, we typically charge a flat 1% fee for the assets we manage (this is called assets under management). Financial planning is strongly recommended before we start managing investments, so that we can thoroughly understand your risk tolerance, preferences, and overall financial situation.

Your assets are held in custody by our third party custodian, either Charles Schwab or Altruist LLC, both self-clearing brokerage firms with solid reputations and good client interfaces. They are one of the largest independent brokerage firms. We (Yellowstone Wealth) do not hold the assets personally. If we manage your assets through one of these custodians, we use a direct debit process for the quarterly fees, in arrears. 

The advice I give is exactly what I follow as well. I would never recommend something too risky or too speculative. My personal money is invested in similar types of portfolios as I would recommend to my clients. I prefer a long-term, disciplined, buy-and-hold approach based on solid performance and risk levels.

For financial planning and therapy, we have no asset minimum. We charge on an hourly basis. But, if we manage your investments, while we love to help anybody regardless of asset size, I am currently limited to clients  with investable assets of at least $100,000.