Frequently Asked Questions About B.I.G. Investment
Are you a fiduciary?
Yes, B.I.G. Investment Services operates as a fiduciary, which means we are legally and ethically bound to act in the best interests of our clients. This fiduciary duty requires us to provide investment advice that prioritizes our clients' needs above our own, ensuring transparency, honesty, and loyalty in all financial dealings. By adhering to this standard, B.I.G. Investment Services commits to making decisions that align with the clients' financial goals and circumstances, avoiding conflicts of interest, and providing full disclosure of any potential conflicts. This fiduciary responsibility fosters trust and confidence, allowing clients to rely on the firm for unbiased, client-focused financial guidance.
What services do you offer?
Our team of advisors are full service financial planners, including specific services like retirement planning, tax management, risk management, investments, estate planning and education funding.
How are you compensated?
Our fees are based on a percentage of assets managed and are directly related to the success of your account. We do well, when you do well.
What is your investment philosophy?
B.I.G. Investment Services strives to ensure your money is aligned with your life. As such, we strive to manage our investment models to fit our clients needs in regards to risk tolerance, tax consequences and investment objectives such as growth or income. Once we have determined your individual needs in these regards, we allocate your money to help meet those needs and then deploy a tactical approach within to try and enhance returns and minimize risk depending on current market conditions. For more details, you can visit our philosophy page.
How do you communicate and how often?
Taking a pro-active approach, our clients have ongoing 6 to 12 month reviews scheduled in advance. These appointments consist of close monitoring of your financial plan and review of your investment performance. Need to see us sooner? Just give us a call or send us an email.
Do you offer a free initial consultation?
Yes. This meeting, which usually lasts between 1-2 hours, is all about introductory questions designed to give us a comprehensive understanding of both your financial situation and goals. It's also a great chance for us to evaluate if we are a good fit for each other.
How should I prepare for my first meeting?
To make the most out of our initial consultation, we provide you with a list of some documents and minor pre-work to complete prior to our appointment. Things like current statements, tax returns and retirement plan information —anything that provides a snapshot of your financial situation. Rest assured, any information you provide will be treated with the utmost confidentiality and respect.
Do you offer Zoom or phone meetings?
Yes, many of our clients utilize a Zoom or conference call option.
What are your qualifications and experience?
Our team is composed of highly qualified professionals with decades of extensive experience in financial planning and investment management. Our advisors have had extensive training and education in all facets of our field and continue to stay on top of the latest planning and investment strategies with continuing education on advanced topics.
What types of clients do you typically work with?
We work with a wide range of clients, including individuals, families, and small business owners. Whether you're planning for retirement, growing your wealth, or managing complex financial needs, we tailor our services to meet your unique goals and priorities.
How do I move an account?
We strive to make everything as easy as possible and handle all of the details for your. We open the proper accounts and then coordinate the direct transfer of funds from your existing firm or employer to ensure a smooth transition while avoiding any unnecessary taxes or penalties.
What is your minimum investment?
Our services are designed to accommodate a variety of clients. While specific minimum investment requirements may apply, we are happy to discuss your needs and work with you to find the best solutions for your financial situation.
Do you help with estate planning and settlement of estates?
Yes, we offer estate planning support to help you manage and distribute your assets efficiently. We also work closely with legal and tax professionals to provide comprehensive assistance in estate settlement, ensuring your wishes are honored and your legacy is preserved.
Do I have a say in where my investments are allocated?
While we have investment models that we use to achieve your goals within your comfort zone, we still accommodate clients that have special requests such as environmentally friendly investing or holding specific investments that a client has an affinity for.
Is my money safe?
As a fiduciary, B.I.G. does not hold your assets directly within our firm. Your assets are held at large established custodians such as Wells Fargo Advisors, Charles Schwab or Fidelity to name a few. This provides protection for our clients as well as ease of business operations for our firm, keeping your money safe and our operations running smoothly.