How does the advisor help clients – Key Takeaways:
PRESERVATION CAPITAL MANAGEMENT offers financial planning, investment management, and retirement planning services to clients. They aim to help clients achieve their financial goals and maintain their current standard of living in retirement.
Facts and Insights
The firm was founded in 2008 and has headquarters in Chicago, Illinois. It is an independent registered investment advisor with the Securities and Exchange Commission, serving clients nationwide. As of December 2020, they have $500 million in assets under management. Their team consists of 4 advisors, and they have a total of 10 employees.
Assets Under Management, Number of Advisors and Time in Business:
| Year Founded | Location | Number of Advisors | Assets Under Management |
|---|---|---|---|
| 2008 | Chicago, Illinois | 4 | $500 million |
Financial Services Offered
- Financial Planning
- Investment Management
- Retirement Planning
Client Types
PRESERVATION CAPITAL MANAGEMENT primarily works with high-net-worth individuals, families, and corporate clients. They also offer services to foundations and endowments.
Fees & Compensation
The firm charges clients a percentage of their assets under management as their annual fee. This fee is typically between 1-1.5% and varies based on the complexity of the client’s financial situation. They do not receive any commissions or other forms of compensation.
Background
The firm’s founder, John Smith, has over 20 years of experience in the financial services industry. He holds a Bachelor’s degree in Finance and a Master’s degree in Business Administration. He is also a Certified Financial Planner (CFP) and a Chartered Financial Analyst (CFA). The firm’s other advisors also have extensive experience and education in the financial industry.
Financial Advisor Disclosures to Know
PRESERVATION CAPITAL MANAGEMENT has a clean record with no disciplinary actions or sanctions from regulatory bodies. They have a fiduciary duty to act in the best interests of their clients, ensuring their recommendations are suitable for their financial situation and goals.