Frequently Asked Questions

You probably have a few questions you’d like answered before you take the next step. Here are some of the common ones:

When is the right time to consider a financial advisor?

Few people wake up one morning and suddenly decide they need a financial advisor. It is most often triggered by an event – a job change, retirement offer, inheritance, or another circumstance that makes you think more diligently about your finances. Other times, those who are saving for retirement may begin to see their account balances grow to a level where they are no longer comfortable that they are making the best decisions on their own. If you’re asking the question, now’s the time.

How do I get started?

It’s simple. Let’s have an initial discussion about your goals, and together we can explore whether working with a firm like ours is in your best interest. Scheduling a meeting is at no cost to you, and there is never any pressure to “sign up” on the spot. Call to set a convenient time for you to meet with us and begin the conversation.

What should I expect?

You should expect to meet with two members of our team, and after sharing your goals, you will learn how WPC could help you put a plan in place to meet them. We can discuss any and all areas you would like to address, including; retirement plans, investment expectations, what opportunities are you missing, and what mistakes should you avoid. Then you can decide if we are the right resource to help you pursue your goals.

What should I bring?

Any data pertinent to the conversation, but ideally include statements for your retirement plan accounts, stock or mutual fund holdings, life insurance information and your estate planning documents. The more information you bring initially, the more meaningful the discussion can be in outlining our process to help you.

How does WPC get paid for their services?

WPC is an independent, SEC Registered Investment Advisor that is paid directly by its clients. Our fee is based upon a percentage of the assets we manage on your behalf, paid by you, not the investment companies – to insure we work for you, not them. Removing this conflict of interest, and providing transparency as to the costs involved, allows you to evaluate whether you are receiving value for what we are paid.

Is WPC a fiduciary advisor?

To act in our client’s best interest is the foundation for our firm. In 1996, our firm abandoned the commission-oriented Broker/Dealer marketplace and began working with custodians who catered to individual investors and their independent advisors. It fulfilled the goal of providing unbiased, objective advice by eliminating the conflict of interest in receiving payments from investment companies. The trust we have earned from clients over these many years reflects our commitment to always do what’s best for our clients.

What experience and credentials does the firm have?

Founded in 1984, WPC has gained considerable experience in guiding clients through the many personal financial decisions experienced in everyday life, as well as unpredictable market cycles. This tenure proves particularly invaluable during difficult market periods and unanticipated life events. Our highly experienced team carries credentials such as Certified Financial Planner (CFP®) and/or Chartered Financial Analyst (CFA®). These are among the most respected credentials in the financial planning and investment management industry and require rigorous study, comprehensive examination and annual continuing education to hold.

How does WPC evaluate, monitor and report my progress?

WPC believes in a disciplined approach to monitoring and adjusting its investment methodology, but also to measuring and reporting regularly on a clients’ overall financial progress. Much like a dentist, we believe regular appointments help to maintain a healthy understanding of your complete financial situation and provide the opportunity to benchmark your results against your plan. Many clients come in at least twice a year to review their accounts and track their progress.

Our newer clients consistently say the same thing: “I wish we would have started working with you sooner.” We welcome the opportunity to meet with you to learn more about your situation and explore how we may be able to assist you.

As our firm does not set “investment minimums”, it is our desire to work with those who want to achieve and maintain financial independence. We believe a conversation regarding your goals is the best way to get acquainted with our services, and then you can determine if we are the right team for you and your family.