{"id":3793,"date":"2021-06-29T11:23:25","date_gmt":"2021-06-29T16:23:25","guid":{"rendered":"https:\/\/kramerwealth.com\/?page_id=3793"},"modified":"2023-11-13T12:58:10","modified_gmt":"2023-11-13T18:58:10","slug":"faq","status":"publish","type":"page","link":"https:\/\/kramerwealth.com\/faq\/","title":{"rendered":"Frequently Asked Questions"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3793\" class=\"elementor elementor-3793\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-588f4ef elementor-section-stretched elementor-section-full_width elementor-section-height-min-height elementor-section-height-default elementor-section-items-middle\" data-id=\"588f4ef\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9fef971\" data-id=\"9fef971\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-edbb6a5 elementor--h-position-center elementor--v-position-middle elementor-widget elementor-widget-slides\" data-id=\"edbb6a5\" data-element_type=\"widget\" data-settings=\"{&quot;autoplay_speed&quot;:10000,&quot;transition&quot;:&quot;fade&quot;,&quot;transition_speed&quot;:3000,&quot;navigation&quot;:&quot;none&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;infinite&quot;:&quot;yes&quot;}\" data-widget_type=\"slides.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-swiper\">\n\t\t\t<div class=\"elementor-slides-wrapper elementor-main-swiper swiper\" dir=\"ltr\" data-animation=\"fadeInUp\">\n\t\t\t\t<div class=\"swiper-wrapper elementor-slides\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-repeater-item-c3950d0 swiper-slide\"><div class=\"swiper-slide-bg\" role=\"img\"><\/div><div class=\"elementor-background-overlay\"><\/div><a class=\"swiper-slide-inner\" href=\"#services\"><div class=\"swiper-slide-contents\"><div class=\"elementor-slide-heading\">Frequently Asked Questions<\/div><div class=\"elementor-slide-description\">Find answers to common questions related to working with Kramer Wealth Managers.<\/div><\/div><\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f6ad770 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f6ad770\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fdb867c\" data-id=\"fdb867c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d57aa1d elementor-widget elementor-widget-toggle\" data-id=\"d57aa1d\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2231\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2231\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Why Should I Use a Wealth Manager?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2231\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2231\"><p><span style=\"font-weight: 400;\">There is a lot more to creating a financial plan than just picking the right investments.\u00a0 A financial advisor or wealth manager can not only help you plan for your goals, but he\/she can also educate you and encourage you as you work toward them, providing explanation, education, and helping to manage investor expectations and behavior.\u00a0 They can help you steer clear of not-so-savvy market behaviors and avoid the \u201cbig mistake\u201d and other financial pitfalls that you might not even be aware are there.\u00a0 A 2019 Vanguard study estimated that the value of a financial advisor can add as much as 3% in potential value to an investor, with a combination of strategies the financial advisor can provide.*<\/span><\/p><p><span style=\"font-weight: 400;\">Research also shows that people who work with a financial advisor generally feel more confident about their finances and feel more prepared for retirement.\u00a0 <\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2232\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2232\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">How Are You Paid?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2232\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2232\"><p><span style=\"font-weight: 400;\">We offer a wide variety of services, each of them with different types of compensation. \u00a0 We are independent financial advisors and are not paid more to recommend one company over another.\u00a0 We have a fiduciary duty to make recommendations that are in our clients\u2019 best interests.\u00a0 We have access to thousands of different investment and insurance companies and we make our recommendations based on each individual client situation.\u00a0 We are paid predominantly in three ways:<\/span><\/p><ul><li><span style=\"font-weight: 400;\">If we work together in helping you manage your portfolio of investments, we will be paid for that service based on a fee of assets under management.\u00a0 This fee is discounted depending on the size of the portfolios being managed.<\/span><\/li><li><span style=\"font-weight: 400;\">If we help clients with insurance planning, we are paid a commission from whatever insurance company we utilize and those fees are already factored into the cost of the insurance product.\u00a0 In addition, certain investment products are only available on a commission-based platform, such as ABLE accounts and 529 Plan accounts.\u00a0\u00a0<\/span><\/li><li><span style=\"font-weight: 400;\">If we work together in helping you create your financial plan without implementing an asset management strategy through us, we will be paid a flat fee for being your financial planner, just like you would pay your attorney or CPA. \u00a0\u00a0<\/span><\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2233\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2233\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Do You Provide Free Consultation?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2233\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2233\"><p><span style=\"font-weight: 400;\">Yes.\u00a0 It is important that we understand the needs of our prospective clients before we engage in a relationship with them.\u00a0 We recognize that we are not a fit for everyone, nor is everyone who contacts us a good fit for us.\u00a0 <\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">There is no charge for our Envision process where we explore your vision for your future, and we review your current financial situation and financial goals.\u00a0 Our analysis is part of our process and is critical to put us in a position to make recommendations that best suit your needs.\u00a0<\/span><\/p><p><a href=\"https:\/\/kramerwealth.com\/services\/process\/\">Learn more about our process here.\u00a0<\/a><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2234\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-2234\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Who Is Your Typical Client?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2234\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-2234\"><p><span style=\"font-weight: 400;\">We have a wide range of clients from different ages, diverse backgrounds, and occupations.\u00a0 Some are sophisticated investors, others are novices. But, while they are very different from one another in some ways, certain traits define them consistently and are worth acknowledging. Here\u2019s the profile of an ideal client for Kramer Wealth Managers:<\/span><\/p><ul><li><b>They care.<\/b><span style=\"font-weight: 400;\">\u00a0They are people who care about others, care about themselves and care about the world.<\/span><\/li><li><b>They save.<\/b><span style=\"font-weight: 400;\">\u00a0Our clients are responsible with money and are seeking a team to help them grow and preserve what they\u2019ve saved. They are not looking for quick fixes.<\/span><\/li><li><b>They learn.<\/b><span style=\"font-weight: 400;\">\u00a0Our client population is comprised of learners who love to grow in their financial intelligence and appreciate being with advisors who can take the time to share.<\/span><\/li><li><b>They believe.<\/b><span style=\"font-weight: 400;\">\u00a0A good fit client for Kramer Wealth Managers is a person who takes the time to hire an advisor they can believe in and trust. We aren\u2019t a fit for clients that don\u2019t.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">While we primarily work with deaf and hard of hearing clients using ASL, we do also have a staff interpreter to seamlessly work with hearing clients that do not sign.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2235\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-2235\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Are You a Fidicuary?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2235\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-2235\"><p><span style=\"font-weight: 400;\">Yes. All of our Wealth Managers are fiduciaries which means they are required to act in your best interest.\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2236\" class=\"elementor-tab-title\" data-tab=\"6\" role=\"button\" aria-controls=\"elementor-tab-content-2236\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What Types of Investments Do You Offer?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2236\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"6\" role=\"region\" aria-labelledby=\"elementor-tab-title-2236\"><p><span style=\"font-weight: 400;\">We are independent advisors so we do not have any proprietary products, nor do we have any incentives to offer one type of product over another.\u00a0 There is no cookie-cutter approach for our clients.\u00a0 Each investment portfolio is tailored to each individual client needs.\u00a0 We may use stocks, bonds, mutual funds, ETFs, insurance products, separately managed accounts, or a combination of all the above, depending on the client\u2019s needs.\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2237\" class=\"elementor-tab-title\" data-tab=\"7\" role=\"button\" aria-controls=\"elementor-tab-content-2237\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What Should I Expect at My First Appointment With Kramer Wealth Managers?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2237\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"7\" role=\"region\" aria-labelledby=\"elementor-tab-title-2237\"><p><span style=\"font-weight: 400;\">Your initial meeting with us is an opportunity to discuss your financial goals and concerns.\u00a0 There is no fee or obligation associated with his consultation.\u00a0 The objective of the introductory call or meeting is for you to become comfortable with our Wealth Managers, for us to get to know you, and to see if we are a good fit to work together. We focus on how we can help answer your questions by getting to know you.<\/span><\/p><p><span style=\"font-weight: 400;\">In order to be in a better position to make recommendations or give guidance that best suit your objectives, we will then ask for additional details about your current financial situation and resources. Everything is held in the strictest confidence.<\/span><\/p><p><span style=\"font-weight: 400;\">Once we have had a chance to gather complete information on your current situation and goals, we can complete our analysis and will schedule a second meeting where we will go over everything and answer any questions you may have. <\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2238\" class=\"elementor-tab-title\" data-tab=\"8\" role=\"button\" aria-controls=\"elementor-tab-content-2238\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">How Often Will I Meet WIth My Wealth Manager?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2238\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"8\" role=\"region\" aria-labelledby=\"elementor-tab-title-2238\"><p><span style=\"font-weight: 400;\">Typically, most clients meet with our Wealth Managers at least annually, like visiting a doctor for an annual check up.\u00a0 However, we are completely flexible to cater around you and your schedule.\u00a0 We encourage our clients to contact us any time there is a major life change such as a job change, death in the family, salary increase or decrease, or change in objectives. At the same time, if we determine a change is needed at any time within the year, we will reach out as well.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2239\" class=\"elementor-tab-title\" data-tab=\"9\" role=\"button\" aria-controls=\"elementor-tab-content-2239\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Who is Osaic Wealth?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2239\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"9\" role=\"region\" aria-labelledby=\"elementor-tab-title-2239\"><p><a href=\"https:\/\/www.osaic.com\/\" target=\"_blank\" rel=\"noopener\">Osaic Wealth<\/a> is our Broker\/Dealer firm and\/or Registered Investment Advisor, with whom we have chosen to affiliate with for our securities registrations. They are a member of <a href=\"https:\/\/www.finra.org\/\" target=\"_blank\" rel=\"noopener\">FINRA\/SIPC<\/a> and registered with the SEC. They are a network with over 11,000 affiliated financial professionals. Osaic provides us with compliance supervision, technology platforms, and operational support for us to better serve our clients.<\/p><p><a href=\"https:\/\/images.response.advisorgroup.com\/Web\/ADVISORGROUPINC\/%7B803b831b-c763-4bfd-8c5d-c813deb8eda0%7D_AR-23-0331_Website_Disclosures_-_Form_CRS.pdf\" target=\"_blank\" rel=\"noopener\">Osaic Wealth Form CRS<\/a><\/p><p><a href=\"https:\/\/images.response.advisorgroup.com\/Web\/ADVISORGROUPINC\/%7B0ac5bac8-fb23-4756-b1fe-4cdc2587f1ed%7D_AR-23-0067_BD_Firm_Brochure.pdf\" target=\"_blank\" rel=\"noopener\">Osaic Wealth Firm Brochure<\/a><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-22310\" class=\"elementor-tab-title\" data-tab=\"10\" role=\"button\" aria-controls=\"elementor-tab-content-22310\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Who is Pershing?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-22310\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"10\" role=\"region\" aria-labelledby=\"elementor-tab-title-22310\"><p><a href=\"http:\/\/pershing.com\/who-we-serve\/topics\/information-for-investors\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Pershing, LLC<\/span><\/a><span style=\"font-weight: 400;\"> is owned by BNY Mellon and is our custodian and clearing firm for our clients\u2019 brokerage accounts. Clearing firms work with various financial exchanges to handle confirmation, delivery, and settlement of your financial transactions. They also handle all tax reporting and produce the monthly statements and tax documents for our clients who have brokerage accounts.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why Should I Use a Wealth Manager?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">There is a lot more to creating a financial plan than just picking the right investments.\\u00a0 A financial advisor or wealth manager can not only help you plan for your goals, but he\\\/she can also educate you and encourage you as you work toward them, providing explanation, education, and helping to manage investor expectations and behavior.\\u00a0 They can help you steer clear of not-so-savvy market behaviors and avoid the \\u201cbig mistake\\u201d and other financial pitfalls that you might not even be aware are there.\\u00a0 A 2019 Vanguard study estimated that the value of a financial advisor can add as much as 3% in potential value to an investor, with a combination of strategies the financial advisor can provide.*<\\\/span><\\\/p><p><span style=\\\"font-weight: 400;\\\">Research also shows that people who work with a financial advisor generally feel more confident about their finances and feel more prepared for retirement.\\u00a0 <\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"How Are You Paid?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">We offer a wide variety of services, each of them with different types of compensation. \\u00a0 We are independent financial advisors and are not paid more to recommend one company over another.\\u00a0 We have a fiduciary duty to make recommendations that are in our clients\\u2019 best interests.\\u00a0 We have access to thousands of different investment and insurance companies and we make our recommendations based on each individual client situation.\\u00a0 We are paid predominantly in three ways:<\\\/span><\\\/p><ul><li><span style=\\\"font-weight: 400;\\\">If we work together in helping you manage your portfolio of investments, we will be paid for that service based on a fee of assets under management.\\u00a0 This fee is discounted depending on the size of the portfolios being managed.<\\\/span><\\\/li><li><span style=\\\"font-weight: 400;\\\">If we help clients with insurance planning, we are paid a commission from whatever insurance company we utilize and those fees are already factored into the cost of the insurance product.\\u00a0 In addition, certain investment products are only available on a commission-based platform, such as ABLE accounts and 529 Plan accounts.\\u00a0\\u00a0<\\\/span><\\\/li><li><span style=\\\"font-weight: 400;\\\">If we work together in helping you create your financial plan without implementing an asset management strategy through us, we will be paid a flat fee for being your financial planner, just like you would pay your attorney or CPA. \\u00a0\\u00a0<\\\/span><\\\/li><\\\/ul>\"}},{\"@type\":\"Question\",\"name\":\"Do You Provide Free Consultation?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">Yes.\\u00a0 It is important that we understand the needs of our prospective clients before we engage in a relationship with them.\\u00a0 We recognize that we are not a fit for everyone, nor is everyone who contacts us a good fit for us.\\u00a0 <\\\/span><span style=\\\"font-weight: 400;\\\"><br \\\/><\\\/span><span style=\\\"font-weight: 400;\\\"><br \\\/><\\\/span><span style=\\\"font-weight: 400;\\\">There is no charge for our Envision process where we explore your vision for your future, and we review your current financial situation and financial goals.\\u00a0 Our analysis is part of our process and is critical to put us in a position to make recommendations that best suit your needs.\\u00a0<\\\/span><\\\/p><p><a href=\\\"https:\\\/\\\/kramerwealth.com\\\/services\\\/process\\\/\\\">Learn more about our process here.\\u00a0<\\\/a><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Who Is Your Typical Client?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">We have a wide range of clients from different ages, diverse backgrounds, and occupations.\\u00a0 Some are sophisticated investors, others are novices. But, while they are very different from one another in some ways, certain traits define them consistently and are worth acknowledging. Here\\u2019s the profile of an ideal client for Kramer Wealth Managers:<\\\/span><\\\/p><ul><li><b>They care.<\\\/b><span style=\\\"font-weight: 400;\\\">\\u00a0They are people who care about others, care about themselves and care about the world.<\\\/span><\\\/li><li><b>They save.<\\\/b><span style=\\\"font-weight: 400;\\\">\\u00a0Our clients are responsible with money and are seeking a team to help them grow and preserve what they\\u2019ve saved. They are not looking for quick fixes.<\\\/span><\\\/li><li><b>They learn.<\\\/b><span style=\\\"font-weight: 400;\\\">\\u00a0Our client population is comprised of learners who love to grow in their financial intelligence and appreciate being with advisors who can take the time to share.<\\\/span><\\\/li><li><b>They believe.<\\\/b><span style=\\\"font-weight: 400;\\\">\\u00a0A good fit client for Kramer Wealth Managers is a person who takes the time to hire an advisor they can believe in and trust. We aren\\u2019t a fit for clients that don\\u2019t.<\\\/span><\\\/li><\\\/ul><p><span style=\\\"font-weight: 400;\\\">While we primarily work with deaf and hard of hearing clients using ASL, we do also have a staff interpreter to seamlessly work with hearing clients that do not sign.<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Are You a Fidicuary?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">Yes. All of our Wealth Managers are fiduciaries which means they are required to act in your best interest.\\u00a0<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What Types of Investments Do You Offer?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">We are independent advisors so we do not have any proprietary products, nor do we have any incentives to offer one type of product over another.\\u00a0 There is no cookie-cutter approach for our clients.\\u00a0 Each investment portfolio is tailored to each individual client needs.\\u00a0 We may use stocks, bonds, mutual funds, ETFs, insurance products, separately managed accounts, or a combination of all the above, depending on the client\\u2019s needs.\\u00a0<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What Should I Expect at My First Appointment With Kramer Wealth Managers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">Your initial meeting with us is an opportunity to discuss your financial goals and concerns.\\u00a0 There is no fee or obligation associated with his consultation.\\u00a0 The objective of the introductory call or meeting is for you to become comfortable with our Wealth Managers, for us to get to know you, and to see if we are a good fit to work together. We focus on how we can help answer your questions by getting to know you.<\\\/span><\\\/p><p><span style=\\\"font-weight: 400;\\\">In order to be in a better position to make recommendations or give guidance that best suit your objectives, we will then ask for additional details about your current financial situation and resources. Everything is held in the strictest confidence.<\\\/span><\\\/p><p><span style=\\\"font-weight: 400;\\\">Once we have had a chance to gather complete information on your current situation and goals, we can complete our analysis and will schedule a second meeting where we will go over everything and answer any questions you may have. <\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"How Often Will I Meet WIth My Wealth Manager?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">Typically, most clients meet with our Wealth Managers at least annually, like visiting a doctor for an annual check up.\\u00a0 However, we are completely flexible to cater around you and your schedule.\\u00a0 We encourage our clients to contact us any time there is a major life change such as a job change, death in the family, salary increase or decrease, or change in objectives. At the same time, if we determine a change is needed at any time within the year, we will reach out as well.<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Who is Osaic Wealth?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><a href=\\\"https:\\\/\\\/www.osaic.com\\\/\\\">Osaic Wealth<\\\/a> is our Broker\\\/Dealer firm and\\\/or Registered Investment Advisor, with whom we have chosen to affiliate with for our securities registrations. They are a member of <a href=\\\"https:\\\/\\\/www.finra.org\\\/\\\">FINRA\\\/SIPC<\\\/a> and registered with the SEC. They are a network with over 11,000 affiliated financial professionals. Osaic provides us with compliance supervision, technology platforms, and operational support for us to better serve our clients.<\\\/p><p><a href=\\\"https:\\\/\\\/images.response.advisorgroup.com\\\/Web\\\/ADVISORGROUPINC\\\/%7B803b831b-c763-4bfd-8c5d-c813deb8eda0%7D_AR-23-0331_Website_Disclosures_-_Form_CRS.pdf\\\">Osaic Wealth Form CRS<\\\/a><\\\/p><p><a href=\\\"https:\\\/\\\/images.response.advisorgroup.com\\\/Web\\\/ADVISORGROUPINC\\\/%7B0ac5bac8-fb23-4756-b1fe-4cdc2587f1ed%7D_AR-23-0067_BD_Firm_Brochure.pdf\\\">Osaic Wealth Firm Brochure<\\\/a><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Who is Pershing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><a href=\\\"http:\\\/\\\/pershing.com\\\/who-we-serve\\\/topics\\\/information-for-investors\\\"><span style=\\\"font-weight: 400;\\\">Pershing, LLC<\\\/span><\\\/a><span style=\\\"font-weight: 400;\\\"> is owned by BNY Mellon and is our custodian and clearing firm for our clients\\u2019 brokerage accounts. Clearing firms work with various financial exchanges to handle confirmation, delivery, and settlement of your financial transactions. They also handle all tax reporting and produce the monthly statements and tax documents for our clients who have brokerage accounts.<\\\/span><\\\/p>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Frequently Asked QuestionsFind answers to common questions related to working with Kramer Wealth Managers. Why Should I Use a Wealth Manager? There is a lot more to creating a financial plan than just picking the right investments.\u00a0 A financial advisor or wealth manager can not only help you plan for your goals, but he\/she can [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/kramerwealth.com\/wp-json\/wp\/v2\/pages\/3793"}],"collection":[{"href":"https:\/\/kramerwealth.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kramerwealth.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kramerwealth.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kramerwealth.com\/wp-json\/wp\/v2\/comments?post=3793"}],"version-history":[{"count":13,"href":"https:\/\/kramerwealth.com\/wp-json\/wp\/v2\/pages\/3793\/revisions"}],"predecessor-version":[{"id":4533,"href":"https:\/\/kramerwealth.com\/wp-json\/wp\/v2\/pages\/3793\/revisions\/4533"}],"wp:attachment":[{"href":"https:\/\/kramerwealth.com\/wp-json\/wp\/v2\/media?parent=3793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}