Finding a financial advisor is a big step.
Are you ready to talk to an advisor? Schedule a Mutual Discovery Meeting to learn more about how Windward can help you preserve capital, save taxes, and develop a plan.
You may still be gathering information. You want to find an advisor you can trust. But how do you know what to look for? Below, we've compiled a list of questions that are helpful to ask any financial advisor.
Windward Private Wealth Management has decades of experience helping clients to implement financial and tax plans through their changing lives. Windward was founded in 1999 and opened its first office in Prairie Village, KS. Windward has guided hundreds of families through various market cycles and economic ups and downs. Windward's advisor teams include CFP®s and CPAs who stay up to date with current changes and developments in financial planning and tax law.
Windward provides holistic or comprehensive wealth management services. The starting point is a clear, all-encompassing picture of your financial world and understanding your goals and values. We work side by side to refine those goals and put together custom plans based on what's important to you. Comprehensive wealth management is more than investment management - it involves protecting each aspect of your financial life and thinking through best and worst-case scenarios.
It's a balance of living your fullest life today but having adequate resources and plans tomorrow! Click here to read more about our services.
Windward has a specific, no-pressure meeting sequence so that you feel comfortable, connected, and informed. Read more about our meeting process here.
Windward is a fee-only registered investment advisor. We are compensated directly by our clients. We do no accept any kind of commission, referral or trailing fees. If you have over $500,000 in investments assets under our management we charge 1% annually (.25% quarterly, debited from the investment accounts). That annual percentage decreases once investment assets under our management reach over $3,000,000. If you have under $500,000 in assets we charge an annual retainer fee that we base on the complexity of your financial situation and the assigned advisory team. Retainer fees are quoted in advance, after learning more about the your situation.
If you have over $1,500,000 in investment assets under our management, our fee includes all of our wealth management services including income tax return preparation. If you have less than $1,500,000 in investment assets under our management, our fee includes all of our wealth management services, which includes income tax planning, but does not include income tax return preparation. Where income tax return preparation is requested, there is an additional fee based on the return's complexity.
We believe that the nature of planning is ongoing and ever-changing. Because of this, we do not provide one-time financial plans nor hourly financial planning services.
You will work with a dedicated team of experienced advisors that will know you personally. Windward works in wealth management teams, which we believe improves our advice and offers a range of experience. Your team personally answers your calls, meets with you regularly to build, refine and review your plans, and is readily available to address your questions and concerns. You can read more about our teams here.
Defining the purpose of the funds is the first step. Is this for retirement? A down payment on a home? Your child's education fund? Once the goal of the funds is clear, we work to understand what kind of investor you are. Are you comfortable with volatility? What kind of investment experience do you have? What is your net worth? When do you need to access the funds? Once we have a picture of your goals and the kind of investor you are, we put together an Investment Policy Statement. The Investment Policy Statement documents your goals and investment strategy and serves as the blueprint to how your portfolio will be invested.
Windward is a Registered Investment Adviser firm registered with the Securities and Exchange Commission. We are required to act as a fiduciary, meaning we strive to act in your best interest. We also strive to disclose our conflicts of interest to you. Windward is compensated directly by our clients on a fee-only basis. No forms of commission, referral fee, trailing fees, etc.
Click here to access our Form ADV, ADV II (see Part 2 Brochures), and Relationship Summary to learn more about our services, how we are compensated, and our investment philosophy.
The first step is to contact us and let us know a little bit about you and your situation. An advisor will contact you to see if we can add value to your situation. If we can help, we will set up a no-commitment, no-pressure Mutual Discovery Meeting to get to know you, walk you through what we do, and answer any questions.