Power Wealth Management Prospective
Below you will find a FAQ section to help navigate your decision to work with our firm. At Power Wealth Management, we believe in integrity, objectivity, competence, transparency, and professionalism and feel this FAQ can help determine if we are the right fit for you.
ARE YOU A FIDUCIARY?
WHAT IS A FIDUCIARY AND WHY IS IT IMPORTANT TO WORK WITH A FIDUCIARY?
WHAT IS THE MINIMUM ASSET LEVEL OR INCOME FOR SOMEONE TO BECOME A CLIENT OF POWER WEALTH MANAGEMENT?
WHAT SERVICES DOES POWER WEALTH MANAGEMENT OFFER?
WHAT IS INCLUDED IN THE FINANCIAL & TAX PLANNING?
Financial & tax planning takes the guesswork out of managing your finances and helps you understand the implications of each decision you make. The average citizen faces an uncertain economy and more options for saving and investing than ever before. It’s easy to feel overwhelmed or confused, unless you find a way to understand the big picture. We have developed and refined a process that puts all the pieces of the financial puzzle together for clients as their life unfolds and needs evolve.
WHAT IS WEALTH MANAGEMENT?
WHAT IS THE DIFFERENCE BETWEEN TAX PREPARATION AND TAX PLANNING?
WHAT IS A CERTIFIED FINANCIAL PLANNER™?
CFP® professionals must pass the comprehensive CFP® Certification Exam, which tests their abilities to apply financial planning knowledge to real-life situations. CFP® professionals complete several years of experience related to delivering financial planning services to clients prior to earning the right to use the CFP® certification trademarks. When it comes to ethics and professional responsibility, CFP® professionals are held to the highest of standards, as outlined in CFP Board's Standards of Professional Conduct. They are obliged to uphold the principles of integrity, objectivity, competence, fairness, confidentiality, professionalism and diligence as outlined in CFP Board’s Code of Ethics. The Rules of Conduct require CFP® professionals to put your interests ahead of their own at all times and to provide their financial planning services as a “fiduciary”—acting in the best interest of their financial planning clients.
HOW DO I KNOW MY MONEY IS SAFE WITH POWER WEALTH MANAGEMENT?