FAQ

Common Questions Regarding Financial Planning

  1. How do you get paid? Coaching, Planning and Investment Management are flat fee based on an hourly rate or project rate. We are fee-only, no commissions, no insurance product sales.

  2. Do you have Assets Under Management (AUM)? 80 West Asset Management provides investment advisory services in collaboration with Steel City Wealth Collaborative. Clients have the option to pay for those services based on AUM out of the asset or by bank account. An invoice is provided.

  3. What does an engagement look like? Typically a comprehensive plan is a 6 month project with 4-6 meetings to develop the plan. Coaching is typically booked monthly but can be more or less frequently depending on your preference.

  4. Are you a fiduciary? Yes, the best interest of the client must come first.

  5. What is the firm’s investment policy? 80 West investment strategy is aligned with efficient market theory. The asset classes are weighted in a manner to achieve a desired relationship between correlation, risk and return. The funds that are used to build portfolios are typically index mutual funds or exchange traded funds characterized by low fund fee expenses, minimal trading costs and relative tax efficiency. Funds are customized at Schwab or SEI.

  6. What are your credentials? Check out ‘about me’ to learn more but for financial planning, the foundation for my credentials is the CFP®️