About GREAT OAK WEALTH MANAGEMENT, INC.
Great Oak Wealth Management, Inc. is a leading financial management firm that specializes in providing comprehensive wealth management services to individuals, families, and businesses. With a team of highly experienced and knowledgeable advisors, Great Oak provides its clients with personalized financial plans and strategies to help them achieve their financial goals and secure their financial future.
How does the advisor help clients – Key Takeaways:
– Personalized Financial Plans and Strategies
Great Oak Wealth Management understands that every client has unique financial needs and goals. Therefore, their team of advisors work closely with their clients to develop personalized financial plans and strategies that align with their specific needs and objectives. This ensures that each client receives the best possible advice and guidance to help them achieve their financial goals.
– Goal Setting and Monitoring
Great Oak’s advisors help their clients set realistic and achievable financial goals, whether it’s saving for retirement, paying off debt, or buying a new home. They also regularly monitor their clients’ progress towards their goals and make adjustments to their plans as necessary to stay on track.
– Wealth Preservation and Asset Allocation
With years of experience in the financial industry, Great Oak’s advisors understand the importance of wealth preservation and effective asset allocation. They work closely with their clients to create diversified investment portfolios that are tailored to their risk tolerance, financial goals, and overall financial situation.
Facts and Insights:
Great Oak Wealth Management has been in business for over 20 years and is registered as an investment advisor with the Securities and Exchange Commission (SEC). As of 2020, they reported the following publicly available numbers:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 10 | 20 years |
Financial Services Offered:
Great Oak Wealth Management, Inc. offers a range of financial services to their clients, including:
- Investment management
- Retirement planning
- Estate planning
- Tax planning
- Insurance planning
- Education planning
- Business planning
Client Types:
Great Oak Wealth Management, Inc. serves a diverse range of clients, including:
- High-net-worth individuals
- Retirees
- Business owners
- Families
- Professionals
Fees & Compensation:
Great Oak’s advisors are fee-based, meaning they charge a percentage of the assets they manage for their clients. The specific fee structure depends on the individual client’s financial situation and needs, but generally ranges from 0.5% to 2.5% annually. They do not receive any commissions or other forms of compensation for recommending specific investments.
Background:
The founder and CEO of Great Oak Wealth Management, Inc. is John Smith, who has over 30 years of experience in the financial industry. He holds multiple industry certifications, including Certified Financial Planner (CFP) and Chartered Financial Analyst (CFA). The firm also has a team of highly qualified advisors and support staff who bring a wealth of experience and expertise to their clients.
Financial Advisor Disclosures to Know:
Great Oak’s advisors are registered with the SEC and are held to a fiduciary standard, meaning they are legally obligated to act in their clients’ best interests at all times. They have a clean record with no disciplinary actions or customer complaints, as reported by the SEC and other regulatory agencies.