How does the advisor help clients – Key Takeaways:
Cropsey Asset Management, LLC is a reputable financial advisory firm that provides personalized investment management and financial planning services to clients. The firm is known for its expertise in helping clients achieve their financial goals by tailoring strategies to meet their unique needs and objectives.
- The advisor helps clients through a comprehensive financial planning process that addresses various aspects of their financial lives, including retirement planning, tax planning, estate planning, and risk management.
- Clients can benefit from the firm’s disciplined investment approach, which focuses on achieving long-term growth while managing risk.
- Cropsey Asset Management also offers ongoing monitoring and review of clients’ portfolios to ensure they are on track to meet their goals.
Facts and Insights:
Founded in 2001, Cropsey Asset Management has over 20 years of experience in the financial industry. The firm is registered with the Securities and Exchange Commission (SEC) as an investment advisor and operates as an independent, fee-only firm.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 5 | 20+ years |
These numbers highlight the firm’s success and expertise in managing a substantial amount of assets while maintaining a low advisor-to-client ratio, ensuring personalized attention to each client.
Financial Services Offered:
Cropsey Asset Management offers a range of financial services to meet clients’ needs and goals, including:
- Investment management
- Retirement planning
- Tax planning
- Estate planning
- Risk management
- Cash flow analysis
Client Types:
The firm works with individuals, families, and small businesses in various stages of life, including:
- Retirees
- Pre-retirees
- High-net-worth individuals
- Business owners
- Young professionals
Their services and personalized approach make them an ideal choice for clients seeking a trusted advisor to guide them through their financial journey.
Fees & Compensation:
Cropsey Asset Management operates on a fee-only basis, meaning the firm’s compensation comes solely from the fees charged to clients. This structure ensures that the firm’s interests are aligned with those of its clients, as they do not receive commissions or other forms of compensation.
Depending on the services provided, clients can expect to pay a percentage of their assets under management or a flat annual fee.
Background:
The founder and principal of Cropsey Asset Management, John Cropsey, has extensive experience in the financial industry, having worked at various investment firms before starting his own. He holds the Chartered Financial Analyst (CFA) designation and adheres to a strict fiduciary standard, prioritizing his clients’ best interests above all else.
Financial Advisor Disclosures to Know:
As a registered investment advisor with the SEC, Cropsey Asset Management is required to disclose any potential conflicts of interest or disciplinary actions. You can find this information in their Form ADV, Part 2A, where they provide details about their services, fees, investment strategies, and any relevant disclosures.