Frequently Asked Questions
- Q. How long has Cascadia Wealth Management been in business?A. We were originally founded in 1999 under the name “Financial Benefits Resources” and we changed our name in 2011 to Cascadia Wealth Management.
- Q. Why should I hire an Independent advisor? A. As an independent firm, we have no proprietary products or revenue-sharing agreements with other money managers and we do not have sales quotas. As an independent firm we have greater depth and breadth of investment products and services. And, we have the freedom to offer competitive pricing and have access to multiple institutional brokerage platforms.
- Q. Who would benefit most from your services?A. Any individual seeking financial assistance can benefit from our services. We serve people at all income levels, from all walks of life. Clients have the flexibility to work with us on either a one-time, as-needed basis or an ongoing basis. We welcome clients who simply need a one- time financial consultation or a second opinion, as well as those who need financial planning and ongoing asset management services.
- Q. Do you offer complimentary first meetings?A. Yes - The first step is to schedule a meeting with one of our advisors for a complimentary consultation. This gives you an opportunity to learn about our firm and our services. Additionally, this enables us to learn about your goals and dreams and to determine if we can add value to your financial situation.
- Q. How do you get paid?A. To ensure that we are able to provide the highest level of advice, counsel and service to our clients, we are paid a percentage of the assets we manage (we are not paid on the entire estate value). Occasionally we will recommend a product that does not fit into our asset management-based model when appropriate for a client, for instance an insurance product. ALL of the fees we receive are fully transparent and reported to you on an ongoing basis.
- Q. Where is the Custody of my investments held?A. We primarily custody assets at TD Ameritrade Institutional and Pershing, a division of the Bank of New York Mellon. All the custodians that we work with have to meet certain net capital requirements and are subject to regular audits, both internally and by independent firms, to ensure the appropriate handling, segregation and protection of investors' assets.