Frequently Asked Questions
Will a CFP® professional be assigned to my account?
Yes, at WealthShape we make CERTIFIED FINANCIAL PLANNER™ professionals available to all our clients on an ongoing basis.
How does WealthShape select Mutual Funds and ETF's?
WealthShape continuously monitors the universe of investments to carefully select prudent solutions backed by rigorous academic research. There are over 7,000 different mutual funds and over 2,000 different exchange traded funds currently available. Cost, tax efficiency, size, volume, methodology and a host of other factors are analyzed during our ongoing selection process. We filter this universe and only select funds that we believe give investors the best chance to benefit from over 90 years of academic and Nobel Prize winning research.
What will we talk about during the initial consultation?
We will tell you about our process, the fiduciary responsibility take, and explain in plain english our investment philosophy. Your CFP® professional will ask about your goals, risk tolerance and time horizon.
What is the investment management fee?
Our innovation, ongoing advice and advanced portfolio design is made available at a fraction of the average advisory fee. Our simple fee breakdown.
Is there a minimum account size?
Our goal has always been to deliver access to high quality investment advice to everyone. While most of our clients that invest with us have over 100k in investable assets, we believe in keeping our account minimums at the low level of $10,000 for Wealth Management clients.
How do I access to my real time financial planning and accounts?
You will have 24/7 access to your planning and accounts held at our independent third party custodian Charles Schwab via the secure client log in at the top of your screen.
What types of accounts does WealthShape manage?
We currently accept the vast majority of account types including:
Tax Deferred Retirement Accounts - Traditional IRA's, Roth IRA's, 401(k) Rollovers, Transfer IRA's
Taxable Investment Accounts - Individual, Joint, Trust, Corporate
Employer Retirement Plans - 401(k), 403(b), Defined Benefit Pension, Simplified Employee Pension Plan SEP IRA's, SIMPLE IRA's
When will I receive statements?
The independent third party custodian of your funds Charles Schwab will send account statements on a monthly or quarterly basis. You can elect to receive these statements electronically or by mail.
Will I receive tax filing reports?
Yes, Charles Schwab sends a Form 1099 for all taxable accounts. You will also receive a realized gain/loss report that will assist you in preparing your annual tax return.
Yes, at WealthShape we make CERTIFIED FINANCIAL PLANNER™ professionals available to all our clients on an ongoing basis.
How does WealthShape select Mutual Funds and ETF's?
WealthShape continuously monitors the universe of investments to carefully select prudent solutions backed by rigorous academic research. There are over 7,000 different mutual funds and over 2,000 different exchange traded funds currently available. Cost, tax efficiency, size, volume, methodology and a host of other factors are analyzed during our ongoing selection process. We filter this universe and only select funds that we believe give investors the best chance to benefit from over 90 years of academic and Nobel Prize winning research.
What will we talk about during the initial consultation?
We will tell you about our process, the fiduciary responsibility take, and explain in plain english our investment philosophy. Your CFP® professional will ask about your goals, risk tolerance and time horizon.
What is the investment management fee?
Our innovation, ongoing advice and advanced portfolio design is made available at a fraction of the average advisory fee. Our simple fee breakdown.
Is there a minimum account size?
Our goal has always been to deliver access to high quality investment advice to everyone. While most of our clients that invest with us have over 100k in investable assets, we believe in keeping our account minimums at the low level of $10,000 for Wealth Management clients.
How do I access to my real time financial planning and accounts?
You will have 24/7 access to your planning and accounts held at our independent third party custodian Charles Schwab via the secure client log in at the top of your screen.
What types of accounts does WealthShape manage?
We currently accept the vast majority of account types including:
Tax Deferred Retirement Accounts - Traditional IRA's, Roth IRA's, 401(k) Rollovers, Transfer IRA's
Taxable Investment Accounts - Individual, Joint, Trust, Corporate
Employer Retirement Plans - 401(k), 403(b), Defined Benefit Pension, Simplified Employee Pension Plan SEP IRA's, SIMPLE IRA's
When will I receive statements?
The independent third party custodian of your funds Charles Schwab will send account statements on a monthly or quarterly basis. You can elect to receive these statements electronically or by mail.
Will I receive tax filing reports?
Yes, Charles Schwab sends a Form 1099 for all taxable accounts. You will also receive a realized gain/loss report that will assist you in preparing your annual tax return.
