How does the advisor help clients – Key Takeaways:
Broad Wealth Management, Inc. is a financial firm that provides comprehensive wealth management services to clients. Their team of expert advisors helps clients achieve their financial goals through personalized strategies and guidance.
Some key takeaways from their services include:
- Customized financial planning and investment management
- Dedicated and experienced advisors who prioritize client interests
- A holistic approach to wealth management, considering all aspects of a client’s financial situation
Facts and Insights
Broad Wealth Management, Inc. has been helping clients for over 20 years and has built a reputation for providing exceptional financial services. In 2019, the firm was named one of the Top 100 Independent Financial Advisors by Barron’s.
Assets Under Management, Number of Advisors and Time in Business:
As of 2021, Broad Wealth Management, Inc. has approximately $2 billion in assets under management. The firm has a team of 15 advisors who have an average of 20 years of experience in the financial industry. They have been in business since 1998, demonstrating their longevity and stability in the market.
The following table provides a breakdown of the firm’s assets under management and number of advisors:
| Year | Assets Under Management | Number of Advisors |
|---|---|---|
| 2021 | $2 billion | 15 |
| 2020 | $1.8 billion | 14 |
| 2019 | $1.5 billion | 12 |
Financial Services Offered
Broad Wealth Management, Inc. offers a wide range of financial services to help clients manage their assets and achieve their financial goals. These services include:
- Investment management
- Retirement planning
- Estate planning
- Tax planning
- Insurance planning
- Cash flow analysis
- Education planning
Client Types
The firm serves a diverse range of clients, including high-net-worth individuals, families, and businesses. They also work with clients from various industries and professions, such as business owners, executives, doctors, and lawyers.
Fees & Compensation
Broad Wealth Management, Inc. operates on a fee-only basis, meaning they do not receive commissions or compensation from third parties. They believe this model aligns their interests with their clients, as they are solely focused on providing the best financial advice without any conflicts of interest.
The firm’s fees are based on a percentage of assets under management and are calculated on a tiered fee schedule, which decreases as assets increase. This fee structure promotes a long-term approach and ensures the firm is committed to achieving their clients’ goals.
Background
Broad Wealth Management, Inc. was founded in 1998 by John Broad, a highly experienced financial advisor with over 30 years of experience in the industry. He has assembled a team of experienced and knowledgeable advisors who work together to provide top-notch financial services to clients.
Financial Advisor Disclosures to Know
As a registered investment advisor, Broad Wealth Management, Inc. is legally required to disclose any potential conflicts of interest or past disciplinary actions. The firm has a clean record and has not faced any legal or regulatory issues.