RIA Announcement

I am pleased to announce the formation of Woods Advisory Services, LLC (WAS), a fee-only Registered Investment Advisor (RIA) effective October 2, 2017.  A fee-only RIA is a professional financial advisor offering advice, planning and investment services for a fee rather than some other form of compensation (i.e. commissions).  WAS, LLC will utilize the custody and reporting of Schwab Advisor Services™ (Schwab) to offer independent, fiduciary services to our clients.  Fiduciary simply means advisors must act in their client’s best interest. Incredibly, not all investment managers are bound by a fiduciary duty.

As many of you know, I have been offering financial planning and related services through a large national broker/dealer for about 20 years.  However, I found the broker/dealer model confining and made it difficult to offer my clients the level of service and professionalism they require. This change has been the better part of the year in the making. I am confident the RIA model will improve the service we provide to our clients to improve their financial lives and decision making.  

I continue to offer the following services through WAS, LLC:

  • Comprehensive Financial Planning Services
  • Modular Financial Planning Services (College Planning, Retirement Planning, etc)
  • Investment Advisory Services
  • Portfolio Review

All of these services will be uniquely offered through the lens of a CPA so that income taxes are properly considered every step of the way.  

I often hear that getting started with personal financial planning is the hardest part of the process.  We try to make this process as easy and pain-free as possible. Now is a great time to start financial planning, review your year end tax planning or review your investment allocations.   If you would like to discuss how we can assist you or just want a second opinion on where your financial life is headed, please do not hesitate to contact us.