Frequently Asked Questions

Yes, at SCW Wealth Management, we offer comprehensive financial planning services to help our clients achieve their financial goals. Our team of experienced financial advisors works closely with each client to understand their unique financial situation, create personalized financial plans, and provide ongoing support and guidance. From retirement planning and investment strategies to tax planning, debt management & estate planning, we are dedicated to helping our clients secure their financial future. Our approach emphasizes education, transparency, and a long-term perspective, ensuring that our clients are well-informed and empowered to make sound financial decisions. Whether you are planning for retirement, saving for education, or managing your wealth, our financial planning services are designed to meet your individual needs and objectives.

At SCW Wealth Management, we believe in transparency and fairness when it comes to our fee structure. We primarily charge our clients an all inclusive fee based on a percentage of the assets we manage for them. This fee is typically calculated annually and is directly linked to the value of the assets under our management. This structure ensures that our fee is directly tied to the growth of your investments. Our fees are very competitive and we strive to keep the fees low for our clients. Additionally, for certain services such as financial planning, we may charge an annual flat fee. Before engaging our services, we take the time to fully discuss and disclose all fees and charges to our clients, ensuring they have a clear understanding of how they will be charged for our services. Our goal is to provide value and peace of mind to our clients while maintaining a transparent and ethical approach to our fee structure.

At SCW Wealth Management, maintaining regular communication with our clients is one of our top priorities. We understand the importance of staying connected and keeping you informed about your investments and financial well-being. Our advisors make proactive efforts to reach out to our clients through regular phone calls, email updates, and in-person meetings, as needed. Furthermore, we believe that two-way communication is essential to ensure that our clients are informed and engaged in their financial journey. We are committed to being very accessible to our clients and strongly encourage clients to reach out to us whenever they have questions,. Our commitment to transparent and proactive communication is a fundamental aspect of our client-centered approach to wealth management.

Yes, at SCW Wealth Management, we believe in the importance of regular reviews to ensure that your financial plan remains aligned with your goals and objectives. Our team will schedule periodic meetings with you to review your portfolio performance, assess any changes in your financial situation, discuss any updates to your goals, and make necessary adjustments to your investment strategy. These reviews allow us to ensure that your financial plan continues to reflect your current circumstances and objectives, providing you with peace of mind and confidence in your financial future.

Yes, at SCW Wealth Management, we understand the importance of tax reporting for our clients. Our firm uses Charles Schwab to custody our client's assets. Schwab also provides all the reconciliation of client trades, activity and delivers monthly statements of your accounts. Additionally, they issue annual comprehensive tax reporting statements that detail all relevant investment income, capital gains, and any other tax-related information necessary for filing your taxes accurately. Our team works diligently to ensure that all tax reporting statements are accurate and delivered in a timely manner, so you can have the information you need when it comes to tax season. We also strive to provide proactive tax planning strategies to help minimize tax liabilities and optimize your financial position. Additionally, our experienced advisors are available to answer any questions or provide guidance on tax-related matters to our clients.

A: Getting started with SCW Wealth Management is a straightforward process. First, we recommend scheduling an initial consultation with one of our experienced financial advisors. During this meeting, we will take the time to understand your financial goals, investment preferences, risk tolerance, and overall financial situation. This will allow us to tailor a personalized wealth management plan specifically for you. After the initial consultation, if you decide to move forward with our services, we will work with you to establish an investment strategy, create a financial plan, and set up your accounts. Throughout the process, we prioritize open communication and transparency, making sure you are comfortable and well-informed every step of the way. Our goal is to help you achieve financial success and peace of mind through our comprehensive wealth management services.