Why should I choose Team Financial Strategies?
- Team Financial Strategies is a Fee-Only™ firm.
- Fiduciary Duty - Our firm is dedicated to serving client interests first. Please read the Fiduciary Oath.
- Actively Managed Portfolios - We review your portfolios quarterly while being conscious of unnecessary fees and commissions. Learn more about our Investment Strategy.
What does Fee-Only™ mean?
The term Fee-Only™ refers to the method of compensation. Fee-Only™ planners are compensated solely by fees paid by their clients and do not accept commissions or compensation from any other source. Fee-Only™ planners believe there is a significant conflict of interest if an advisor stands to gain financially from the purchase of any product he or she recommends to the client. To avoid this conflict, Fee-Only™ planners only accept compensation that comes from the client, not any other source.
Is "Fee-Only™" the same as "Fee-Based?"
No, "Fee-Based" advisors charge for the planning work and then recommend products (insurance and investments) on which they receive commissions or some other form of compensation from the product provider. Fee-Only™ advisors do not accept any compensation that doesn't come directly from the client.
How do you determine your fees?
Our annual advisory fees are on a retainer basis and are a percentage of the assets. Our fees are paid quarterly, based on the market value of those assets on the last day of the quarter. To learn more about our fees, visit our Fee page.
What is your minimum assets to get started?
While many firms require a minimum of Assets Under Management to get started, Team Financial Strategies has no such minimum. We believe that investors on both ends of the spectrum need assistance, and we pride ourselves in helping you get started. Visit our Fee page.
What investments can you help me manage?
We can help you with all areas of your investments and retirement planning. From 401k's and 457's to IRA's and Brokerage Accounts, we take everything into consideration when working with you to help you meet your financial objectives.
Can you help me with my 401k?
All retirement accounts are important assets and need to be managed. It is a common misconception that 401k's are often being managed by the firm's plan sponsor, when often it is your responsibility to manage your account and make any necessary changes. We encourage our clients to let us assist them in this area.
What areas do you serve?
We are registered with the Texas State Securities Board and work with clients throughout the state.
What is the significance of being a National Association of Personal Financial Advisors (NAPFA) member?
NAPFA members adhere to some of the most demanding industry standards including: advisors must receive Fee-Only™ Compensation, submit a comprehensive financial plan for peer review, complete continuing education in six subject areas every two years, & sign and abide by the Fiduciary Oath, a commitment to working solely in the client’s interest at all times. Learn more about NAPFA.