Conrad Seastrunk, Florence Financial Advisor, Florence Financial Planner, Florence fee only financial planner,

Here Is Our Approach To Providing You

With Investment Advisory Services:

 

 

At the beginning, I will meet with you to develop investment goals and strategies that are consistent with your financial planning goals.

 

I gave you our Investment Advisory Agreement. It describes our advisory relationship and my firm’s investment practices that apply to you. It also gives us discretionary authority to buy and sell investments for you.

 

We have chosen Fidelity Investments to be the custodian for our client accounts. Fidelity accounts are insured by the SIPC and other insurers up to 100 million.

 

Fidelity will send to you monthly statements that will show the value of your accounts, transactions

 

My firm will send you a report each calendar quarter that will show the value of your accounts, your accounts’ performance, and other account-related information. The report will show all our fees deducted from your accounts. In the meantime, you can access your monthly statement online through eMoney.

 

How You Will Pay for Services and Products

 

My firm’s Form ADV, and Investment Advisory Agreement include more information about how you pay. We gave you these documents. You also can access them online. I will help you understand the fees you will pay and the cost of any services and products I recommend.

 

You will pay an advisory fee each quarter. The advisory fee covers our costs to manage your assets and provide other financial planning services. My firm will deduct the fee from your account based upon the ending value of your account on the last business day of each of the last three months. The amount of the fee schedule is disclosed in our Form ADV and Investment Advisory Agreement.

 

You will pay fees and expenses to third parties when you invest in mutual funds and exchange-traded funds (ETFs).  In addition to the advisory fee you pay us, these products have operating expenses and ongoing fees. Mutual fund and ETF fees and expenses can include investment management fees and shareholder service fees.

 

You will pay fees and expenses to the firm that holds your assets (I.e. Fidelity).

 

You will pay fees and expenses whether you make or lose money on your investments. Fees and expenses will reduce the amount you earn on your investments.

 

 

How We Will Be Paid

 

You pay my firm an advisory fee. I am paid a salary plus a part of the fees that my firm receives.  You will find more information about payments to me in my firm’s Form ADV, and Investment Advisory Agreement.

 

 

My Material Conflicts of Interest

 

My firm and I have a conflict of interest whenever we have interests that are different from yours. Conflicts can affect the recommendations we give you. When we have a conflict, we will tell you. You can find more information about my conflicts of interest in my firm’s Form ADV, and Investment Advisory Agreement. We have policies and procedures designed to help manage conflicts. I will always work in your best interests.

 

The ways you pay us create conflicts of interest. The amount I earn from working with you depends, in part, on the amount of assets I manage for you. I have an incentive to recommend that you make financial decisions that would result in more assets under my management.

 

If we provide other services to you in the future, there may be different conflicts. When we have a conflict of interest, we will tell you about it.

 

If you are concerned about a conflict of interest and how it might affect your account, please talk to me about it.

 

 

Your Responsibilities

 

It is your responsibility to update the information you have given me about your personal and financial circumstances. You will be sent account reports at least quarterly.  You should review these documents carefully. Let me know if you want to talk about the information in these documents.

 

 

Timing of the Engagement

 

Our engagement will continue until one of us decides to change or end it. If you decide to change or end the engagement, you just need to tell us. We can do the same, but we will tell you in writing.

 

 

 

Copyright ® 2020 Seastrunk Financial Management, LLC

Seastrunk Financial Management, LLC and Fidelity Investments are independent companies and are not affiliated. There is no form of legal partnership, agency, affiliation or similar relationship between your financial advisor and Fidelity Investments, nor is such a relationship created or implied by the information herein.

 

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.

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