Real Financial Planning for LGBTQ Professionals
As an experienced LGBTQ CERTIFIED FINANCIAL PLANNER™ and Wealth Manager, I’ve been serving LGBTQ professionals for more than 20 years. After spending the majority of my career with stuffy, traditional Wall Street firms, I decided there had to be a better way to serve the people and beloved allies of the LGBTQ community. Thus began the journey of Sammons Wealth Management.
Sammons Wealth Management is a boutique financial planning and wealth management firm designed to take care of my favorite people; successful LGBTQ professionals who are moving to and through retirement.
Because my firm is a private boutique, I limit the number of clients that I work with in order to build strong, long-lasting relationships and provide highly personalized service.
Typically my clients are busy professionals earning six figures and have more complex financial lives. I do not have a minimum asset or net worth requirement, but my minimum annual fee is $5k.
Collaborate > Organize > Prioritize > Repeat
Many financial advisors say that they do financial planning, but in reality, they don’t. In-depth financial planning done right is a very thoughtful and time consuming process that goes way beyond your investment portfolio. In fact, without financial planning there is no context for your investment portfolio.
I believe that my role as your financial planner is to serve as your “financial life” partner. Together we will engage in the ongoing process of real financial planning with the goal of continuously collaborating, organizing, and prioritizing your financial life.
What we want to achieve together is a clear understanding of your vision for retirement and what your money can do for you as you move toward that vision!
Real financial planning takes into account your money AND your life.
For designing and managing your investment portfolio, we incorporate all of your assets, accounts, human capital (current and future earnings), tax situation, capacity for risk, time horizon, and funds available for saving to create a customized investment strategy that is aligned with your financial plan, life, and legacy goals.
The investment strategy we create for you will typically consist of globally diversified, tax-efficient, high quality investment holdings that are both passive and active. The goal is to craft your portfolio to provide you with the best probability to achieve your goals over time with the least amount of risk.
Fiduciary and Fee-Only
As a Fee-Only Registered Investment Advisor, I do not charge commissions, sell products, or accept referral fees from third parties. This structure is quite different from a wirehouse or brokerage firm as it removes all potential conflicts of interest and allows me to serve the best interests of our clients.
My cost structure is based on a percentage of assets under management (or advisement) and billed quarterly in advance. Services include ongoing financial, tax, and retirement planning as well as investment management services:
Up to the first $1,000,000 at 1%
$1,000,001 to $2,000,000 at .75%
$2,000,001 to $5,000,000 at .60%
$5,000,000+ at .375%
*Minimum annual fee is $5k
On a very limited basis I will take on project-based planning engagements that are based on my hourly rate. I also help business owner clients develop and manage retirement benefit plans including 401k, Profit Sharing, and Cash Balance plans.
Sammons Wealth Management client assets are held at TD Ameritrade Institutional, an established and reputable custodian that aligns with my firm’s mission and values.
Schedule a complimentary introductory call with Stephanie below: