We provide advisory services in the form of financial planning services which do not involve the active management of client accounts, but instead focuses on your overall financial situation and can be described as helping individuals determine and set their long-term financial goals, through investments, tax planning, asset allocation, risk management, retirement planning, and other areas. (2) Asset Management Services are provided through the programs sponsored and administer by VISION2020 Wealth Management Corp. and through the Asset Allocation System component of Assetmark Financial’s program. Through these service we will manage and trade your designated account(s). We will discuss your investment goals and design a strategy to try and achieve your investment objectives. We will continuously monitor your account when providing asset management services and contact you at least annually to discuss your portfolio. Services may be provided on a discretionary basis, meaning we will have the authority to determine the type and amount of securities that can be bought or sold for your portfolio without obtaining your consent for each transaction (for more information, see Item 16 of our Form ADV Part 2A). Alternatively, you may exercise the option of not allowing discretion on your account, in which case all proposed transactions will require your approval prior to implementation. (3) Assetmark Program and other Outside Money Managers: We provide services which involves us identifying and recommending third-party money managers to manage some or all of a client’s portfolio. Based on the client's individual circumstances and needs we will perform management searches of various unaffiliated registered investment advisers to identify which registered investment adviser's portfolio management style is appropriate for that client and serve as third-party money manager(s).
Fees for our Asset Management Services are charged based on a percentage of assets under management, billed in arrears on a monthly basis for accounts through programs sponsored by VISION2020 Wealth Management Corp. and on a quarterly basis for Assetmark.
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you.
We compensate our investment adviser representatives based on the level of assets that the representative manages. This creates a conflict of interest as it gives your representative an incentive to recommend you invest more in your account with us due to the potential for increased payments.
No. Neither us, nor our investment adviser representatives have a legal or disciplinary history to report.
A fiduciary refers to a professional that is required by law to act in their clients’ best interest. The professionals usually manage assets, such as an investment portfolio or property, for their clients. Because fiduciaries work in their clients’ best interest, they can only recommend financial strategies that fully benefit a specific client’s economic situation. Fiduciaries are also required to avoid and disclose any conflicts of interest to their clients. Fiduciaries have two main duties while managing money; duty of care and duty of loyalty.
Yes, all of the advisors at Haussmann Financial are Registered Investment Advisors and Fiduciaries.
email@example.com | (949) 250-4973