Here are answers to the most frequently asked questions. We love to field your questions, so please don’t hesitate to contact us with all of your inquiries.
Q: What types of clients do you have?
We believe that the quality of people matters. We want the same qualities in our clients that you want in your portfolio manager – integrity, honesty and accountability. Our select clientele stretches across the country and consists primarily of individuals and families who are retired or within 5-10 years of retirement. If you are looking for a portfolio management relationship in which you work directly with a portfolio management team with decades of experience, then look no further and contact us today!
Q: Why work with Vaughn Woods Financial Group?
When you work with us, you are working one-on-one with your own personal portfolio manager. This direct relationship fosters one-on-one communication, which in turn, allows your portfolio manager to develop an investment strategy unique to your own specific income, growth and tax-benefit needs. Our decades of experience, access to world class research, and client-centric focus make us a leading choice for individuals and families looking for top-notch portfolio management.
Q: What does Vaughn Woods Financial Group do?
We specialize in personal portfolio management. Our clients have direct access to the experienced portfolio manager monitoring their investments on a moment-by-moment basis. As a result of one-on-one relationship, we are able to develop investment strategies unique to each client’s growth, income, and tax-benefit needs. Maintaining a firm belief that the quality of people matters, we build trust with our clients through human-scale operations drawing on the human capital each member of Vaughn Woods Financial Group brings to the team.
Q: What is your core competency?
Our core competency is personal portfolio management for a select clientele. Integrating over 25 years of experience with real-time technical analysis and institutional research, we manage every portfolio specific to the unique needs of each client. Portfolios are managed on the human scale in which every client has one-on-one access with their actual portfolio manager.
Q: Is my account protected by the SIPC?
Yes! Accounts opened with Vaughn Woods Financial Group are protected by the SIPC. For additional security, Pershing also provides coverage in excess of SIPC limits, see the following link for details: http://www.pershing.com/strength_stability.html
SIPC provides account protection up to $500,000 in value, including $100,000 in cash awaiting reinvestment. SIPC provides protection for brokerage firms against losses should a SIPC member firm fail financially and become unable to meet obligations of its securities clients. More information about the protection of account assets through SIPC is available at www.sipc.org.
Q: Who are Delta Equity Services Corporation and Pershing LLC?
Delta Equity Services Corporation is our broker-dealer. By law, we are required to “hang” our securities license with a broker-dealer who provides back-office support to our business. This includes paperwork processing, operations activities, compliance & legal oversight and licensing support. We have chosen Delta Equity Services Corporation for their longstanding reputation of providing intimate support to high-quality portfolio-management companies like Vaughn Woods Financial Group.
Pershing LLC, a Bank of New York affiliate, is our clearing house and account custodian. Acting as our clearing house, Pershing processes trade requests and payout requests in your account. Pershing is also our account custodian. This means that securities inside your account are actually held in your name at Pershing. Pershing generates your monthly account statements and year-end tax statements.
Q: Do I have to be located in San Diego to open an account?
No! Our clientele live from coast to coast. Contact us today for more information about opening an account from your home state.
Q: Is there a minimum balance I must have to open an account?
No, though we work most effectively with clients who have at least $250,000 in investable assets. However, we understand the value of building long-term relationships with clients who might not have $250,000 now, but are working hard to have multiple times that amount at retirement. Therefore, we also offer financial planning, life insurance and annuity services. Thus, whatever your finances may be, we urge you to contact us today to schedule an appointment.
Q: What types of accounts do you offer?
- Individual – Transfer on Death
- Educational Savings
- Traditional IRA
- Roth IRA
- Simple IRA
- SEP IRA
- Joint Tenants with Rights of Survivorship
- Joint Tenants-in-Common
- Living Trusts
- Corporate Trustee
- Life Insurance
Have questions about which account is right for you? Ready to open an account? Contact us today!
Q: How often should I expect you to contact me?
We like to joke that some clients say, “Call me, that’s what I’m paying you for!” while others clients say, “Don’t call me, that’s what I’m paying you for!” Our lines of communication are always open and we will stay in touch as often, or as little, as you like.
For those who want to be in touch now, contact us!
Q: What are the steps to opening an account?
First, we review your current portfolio, determine your financial objectives, assess your risk tolerance and develop an investment strategy for meeting your goals.
Secondly, we complete the proper new account forms for your review and signature.
Lastly, we begin the prudent management of your portfolio. We will remain in touch as often as you like to keep you abreast of your portfolio performance.
These are not the 1-2-3 steps you might see on other financial services websites. We do not want to treat you like a 1-2-3 client. We believe that the best portfolio management teams are the ones who take the time to get to know the background, needs and objectives of their clients.
If you’d like to learn more about becoming one of our clients, contact us today!
Q: What is direct portfolio management?
Direct portfolio management is a solution for investors who seek a one-on-one relationship with their portfolio manager. Too often, investors limit themselves by working with a financial representative who passes investment decision making responsibilities on to a third-party money manager. Third third-party money managers have zero contact with clients and cannot consider a client’s unique goals and interests when investing.
Fortunately, we offer a solution known as direct portfolio management which puts an end to the days where a client feels marginalized by a financial representative who does not actually manage money. In a direct portfolio management relationship, clients work one-on-one with their actual portfolio manager. The portfolio manager, in turn, not only develops strategies unique to each client’s income, growth and tax-benefit needs, but counsels clients on how economic events may affect their specific investment strategy.
Contact us today to learn more!