Why should I pay for advice?

Most of our clients agree that their most precious resource is time.

How much is your time worth? Would you prefer to spend countless hours researching stocks, or play with your grandkids?

Will you truly feel confident placing your family’s legacy in the hands of a fintech app, or would you like to call a person that has customized a financial plan around the things that are most important to you?  

Financial security and free time comes at a price. We believe our services are worth every penny!

How do I know if I'm a good fit?

We won't really know until we talk about your goals and how we might be able to to help. Choosing a financial advisor is an important decision. Here are some ideas to consider during the selection process:

10 Questions to Ask Your Financial Advisor | CFP - Let's Make a Plan

Why should I partner with Glownia Financial Group?

We're a multigenerational, family-based team. We'll be around for you, but also your grandchildren.

We've been independent since 1991. That means we work for YOU, not a branch manager in some ivory tower

See the full list here:
How we're different

Why shouldn’t I do this by myself using less expensive index funds?

You could! But we think it takes a team of professionals to manage the global markets and to build a sophisticated financial plan. In fact, we've spent our entire careers building this skill.

That said, we think Index funds are helpful tools that should be considered in the asset allocation process for suitable investors.

What are your qualifications?

At Glownia Financial Group, we work to ensure we are qualified to meet your financial needs. In addition to our experience, our staff holds the following credentials:

  • FINRA licenses held with LPL Financial: FINRA SERIES 3,7,24,63,65, 66
    • James Glownia – FINRA Series 3,7,24,63,65
    • Rob Glownia – FINRA Series 7,66
  • Certifications and Designations:
    • James Glownia – Certified Fund Specialist (CFS)
    • Rob Glownia – Chartered Financial Analyst (CFA®) and Certified Financial Planner (CFP®)

Did you know there are more than 100 different financial advisor certifications and designations? It can be overwhelming to understand the differences and not all are created equally.

You can learn more about our credentials from the 3rd party links below:

Are you open to virtual meetings?

Yes, we use zoom and google chat for virtual meetings, but also enjoy in person meetings, whether to discuss your financial questions or to do something more social !

We have clients all over the country and leverage technology to make it possible (and secure!)

What is your minimum account size?

We typically work with individuals with at least $500k of investable assets but each situation is unique. 

We will meet with the friends and family members of existing clients regardless of their account size or needs. It's an honor to do so.

How do you get paid?

Most of our revenue comes from two separate services: financial planning and investment management. We will always be transparent about our fees and always want you to agree we’ve earned them.

Financial Planning

We seek to provide comprehensive and holistic planning for every aspect of your financial life. With this service, you will receive a detailed list of actionable recommendations about your investments, estate planning, retirement income, tax planning, insurance, and debt management. 

Our financial planning fees are as follows:

Comprehensive Planning for Individuals: Starts at $4,000
Comprehensive Planning for Couples: Starts at $6,000
Comprehensive Planning for Investment Management Clients Included

For financial planning services, we require a 25% initial deposit, with the remaining balance paid after delivery of the report. We will not accept final payment until you are completely satisfied with our service and the resulting document.

At the end of the financial planning engagement, you can implement the recommendations yourself, or you can leverage our investment management services, where we would act as a fiduciary in managing your money.

If you decide to become an ongoing client of our investment management services, we will waive your remaining balance. We will also update your financial plan at least annually, with no additional charge.

Investment Management

To create an investment strategy tailored specifically for you, we need a comprehensive understanding of your current financial situation and your goals. Therefore, our investment management service includes the initial development of your financial plan. Annual reviews and updates to your financial plan are also included in the pricing schedule below.

Our investment management services are priced on a tiered schedule. As your assets grow, the effective management fee automatically decreases:

Assets Fee
Under $500,000 1.25%
$500,000.01 - 1,000,000 1.00%
$1,000,000.01 - 2,000,000 0.90%
$2,000,000.01 - 3,000,000 0.80%
$3,000,000.01 - 4,000,000 0.70%
$4,000,000.01 - 5,000,000 0.60%
5,000,000.01 + 0.50%

On occasion, these fees are negotiable depending upon the needs of the client and complexity of the situation. The final fee schedule will be detailed in the Client Agreement.

We believe our qualifications and emotional intelligence help us provide our clients with a premium service and experience. We work with a select group of clients that recognize the value of their time, and our expertise. We  believe fees are important, but never at the expense of good advice.

Who is LPL and why have you partnered with them?

LPL Financial is one of the nation's leading financial services companies and a publicly traded company under ticker symbol LPLA. The firm's mission is rooted in the belief that objective financial guidance is a fundamental need for everyone. LPL does not offer proprietary investment products or engage in investment banking activities; this means advisors affiliated with LPL are not pressured or influenced by LPL to sell its products. Thousands of financial advisors nationwide are able to rely on the firm's tools and resources to help them provide financial guidance and recommendations to help meet their clients' needs. For more information about LPL Financial, visit www.lpl.com.