It’s tempting to say we deliver strong financial performance, but in reality a number can mean one thing to one person, and something very different to another. Quantifying your expectations that are uniquely related to you, and subject to your own criteria, is not a realistic way to describe our value added. We certainly hope that by working with us, we’ll be able to enhance your past financial decisions, as well as to influence your decisions to come. Our best value added could be the wealth management framework that we provide, and if this framework creates the needed structure in your life, then we know we’ve made a difference.
Below are some Q&A that we created to give you some further insight into what we do and how. If you have questions that are not discussed here, feel free to email us at dsa@rochesterinvestments.com, and we’ll be more than happy to follow up with you further.
Why should I choose a fee-based Investment Advisor for financial services?
We are compensated by fees for providing financial services and for managing your investments. We have no incentive to selling you any particular products other than making recommendations we believe are going to align with your financial goals.
What else should I know about Rochester Investments?
From the first time we get together to talk about your dreams, your worries, and your life experiences, and while we work together, you’ll have a partner in planning your financial future and a collaborator you can rely upon.
What credentials does your firm have?
Our professionals have hands on experience in banking, finance, taxes, investment management, annuities, life insurance, trusts and estates. We can help you with most financial needs, from retirement planning to tax planning, and anything in between.
What kind of client is right for Rochester Investments?
We prefer to work with clients who are ready to commit to a long-term financial plan, exercise discipline in their financial decisions, and proactively communicate with us when their needs change. Open communication, friendly conversation, and mutual respect are a hallmark of our client relationships.
If I work with Rochester Investments, when will I see a change?
It all depends on where you are today and the goals you have in mind. We work hard to assess your situation, craft a personalized plan for you, and spring it into action. Once we have a signed agreement and we’re managing your assets, you’ll begin to see your personalized plan and investment strategy take shape. And, of course, we’ll be in regular contact to explain what’s happening with your accounts.
Who at Rochester Investments will be part of my relationship with the firm?
We offer clients a blend of both worlds: a dedicated contact who will be your primary advisor, and a team with specialized experience that your advisor can turn to for additional research and industry guidance. As we get to know you and understand your financial needs, we’ll utilize our resources to work on your needs.
What can I expect to pay for your services?
As a fiduciary, we have an ethical duty to put your interests ahead of our own. You will never be charged a commission. Our annual fee is 1% on the first $1,000,000. Fees are billed on a total amount of assets you have with us, and charged directly from your accounts on a quarterly basis. Clients with accounts over a million receive a discount if their accounts exceed a million in the aggregate. The discount is applied to any amount over the first million.
In addition, we charge hourly for financial planning and other services we provide. We may decide to waive the hourly fees based on the total amount of assets we manage for you.
How often will I hear from Rochester Investments?
We meet with clients annually, but we may meet more frequently when there is a need for it. Our clients are always welcome to contact us at any time when they need help or have questions. We check in with clients to make sure they’re comfortable and their questions are answered.
We also deliver routine communications, including updates about the stock market, responses to current events, and other relevant topics.
We love what we do and we genuinely care about our clients!!!
