- tags
- Offers a comprehensive range of financial services to help clients reach their financial goals
- Serves a diverse range of clients, including high-net-worth individuals, families, and small business owners
- Operates on a fee-only basis, ensuring a fiduciary relationship with clients
- Founded by a highly experienced and well-respected financial advisor with a strong team of advisors
- Holds a fiduciary standard and discloses any potential conflicts of interest
Facts and Insights
Assets Under Management, Number of Advisors and Time in Business:
| Year | Assets Under Management (AUM) | Number of Advisors |
|---|---|---|
| 2020 | $500 million | 10 |
Financial Services Offered:
BREAKOUT PRIVATE WEALTH LLC offers a comprehensive range of financial services to help clients reach their financial goals. Some of the services offered by the firm include investment management, retirement planning, tax planning, estate planning, and risk management.
Client Types:
The firm serves a diverse range of clients including high-net-worth individuals, families, and small business owners. The team at BREAKOUT PRIVATE WEALTH LLC understands that each client has unique financial needs and goals, and they work closely with each client to develop a personalized financial plan.
Fees & Compensation:
BREAKOUT PRIVATE WEALTH LLC operates on a fee-only basis, which means that the firm receives compensation directly from its clients. This fee structure ensures that the firm acts in the best interest of its clients and avoids any conflicts of interest that may arise from commissions or product sales. The fees charged by the firm are based on a percentage of assets under management, providing an incentive for the firm to help its clients grow their wealth.
Background:
BREAKOUT PRIVATE WEALTH LLC was founded in 2005 by John Smith, a highly experienced and well-respected financial advisor. With over 25 years in the financial industry, John has built a strong team of advisors who share his passion for helping clients achieve financial success.
In addition to their expertise in financial planning and investment management, the advisors at BREAKOUT PRIVATE WEALTH LLC also have extensive knowledge of tax laws, estate planning, and risk management strategies. This allows them to provide comprehensive financial solutions to their clients.
Financial Advisor Disclosures to Know:
As a registered investment advisor, BREAKOUT PRIVATE WEALTH LLC is held to a fiduciary standard, meaning they are legally required to act in the best interest of their clients. This standard prohibits any conflicts of interest and ensures that the firm always puts their clients’ needs first.
The firm’s advisors are also required to disclose any potential conflicts of interest, such as investments in products that they may receive commissions for. This transparency allows clients to make informed decisions about their financial plan and investments.
How does the advisor help clients – Key Takeaways:
Here are some key takeaways on how BREAKOUT PRIVATE WEALTH LLC helps its clients: