Read Frequently Asked Questions

Camelot Wealth's advisors are trained and experienced in almost any financial issue that an individual or family can face, from preparing for a baby on the way to making profitable investments, planning for income in retirement, caring for aging parents, and lots of things in between. If it's money-related, we can help.

Great question. And it's different from "fee-based," although many people think they are the same. Fee-only advisors do not sell financial products or anything else that pays a commission. Ever. Instead, they are paid directly by their clients. We think fee-only is best because it reduces conflicts of interest. Camelot Wealth Management's clients never have to worry about who their advisor is really working for. It's the kind of advisor we would want for ourselves, so it's the kind of advisor we are.

Yes. We generally require at least $250,000.00 for ongoing investment management services. But will waive the minimums at our discretion.

Yes. Camelot Wealth Management's advisors generally have their clients. Sometimes, our advisors work together with the same clients, but you will not be handed off to another advisor unless you ask. Our success is built on a limited number of long-term relationships, not on volume.

Great question. See "ADV" on the disclosures page for an extended answer. All fees are negotiable and agreed upon prior to signing the agreement.

Yes. Your invested money and the assets chosen for your account will be held (custodied) at Charles Schwab & Co., Inc. Institutional and not in a Camelot Wealth Management account. The account there is yours, not ours. You have full control over the money and receive account statements directly from Charles Schwab & Co., Inc. Institutional. You give us permission to view your account and make trades on your behalf.

No long-term contracts for any of our investments. We do require clients to sign a financial planning agreement or an investment management agreement that covers what each party is agreeing to and what they can expect from each other.

Just let us know. You can end your relationship with us at any time. Our fee is prorated to the day that you tell us to stop managing your account.

Each client's portfolio is built to fit the client's goals, financial situation, risk/loss tolerance, and life stage. Nearly all of our portfolios are diversified across multiple asset classes, and then further diversified within each of those asset classes.

Yes. Estate planning is a component of personal finance. We're not attorneys, and we don't give specific legal advice or draft legal documents. We do, however, help clients identify major issues, think about their options, and find qualified legal help for putting their wishes in place.

As much as you want, we will focus on educating you on every aspect of your financial life. The better educated you are about your investments, the more educated decisions you can make. 

A simple summary of your income, expenses, assets, and liabilities would be helpful. Prior to the first meeting, spend some time thinking about your financial goals, the issues you require help with, and the questions you'd like to ask about Camelot Wealth Management and its advisors.

Contact us, and we'll be happy to answer it.