Click on a question below to read Trent Capital Management's answer:
Who do you work with?
We primarily work with people who recognize that they don't have the time or temperament to handle their own financial affairs. These are people who desire to work with a trustworthy financial advisor rather than a commission-based salesperson.
A large number of our clients are teachers, nurses, and college professors. We're very familiar with the investment options in their tax sheltered annuities and 403b programs, and we help them avoid costly mistakes often made by others handling their own finances. We also work with several business owners and a diverse range of professionals.
Our clients come from a variety of backgrounds, but they have many things in common. They're educated and successful, and they seek guidance in managing their accumulated wealth. We help them define what they want and provide financial solutions so that they can lead more prosperous and fulfilling lives. Our clients appreciate the rewards of hiring TCM because we simplify their lives and free up time to have fun, travel, and pursue their hobbies and passions.
What is an advantage of using an independent firm like TCM?
The greatest advantage we have over many financial planners, stockbrokers and insurance agents is our independence. Employees of the larger brokerage firms or insurance companies are highly encouraged to sell their own high-priced, proprietary products. However, this is usually not in the best interest of the client. TCM, on the other hand, is a fee-based advisory firm and has no proprietary products or sales quotas. We are advice-based and service-minded.
What sets TCM apart from other planning firms?
We assure our clients that we're large enough to serve them, yet small enough to know them. Impeccable client service is the highest priority. Our clients choose to do business with TCM because of our attention to detail and the exceptional service we provide. When you call, you can expect and will receive prompt, courteous service.
What are your firm's values and business philosophy?
First, we believe that any sound retirement strategy and investment plan must be tailored to, and aligned with, the specific needs of each client. Therefore, we spend a tremendous amount of time listening to our clients in order to fully understand their objectives. Only through attentive listening and individualized planning can we help them match their finances with their visions and goals. Second, we believe any wealth preservation or wealth building strategy must encompass asset allocation and diversification. Finally, we establish business relationships that are founded upon the highest levels of trust, integrity and service. Seeing our clients financially succeed is of utmost importance.
How do emotions affect investing?
Most of us encounter strong emotions when dealing with money issues, and understandably so; money is tied to our feelings of success, safety, and self-worth, and it leaves an impact on our lives and freedoms. The trouble comes when emotions drive investment behavior. Emotions often spark reactive, short-term decisions that end up being counterproductive to long-term financial security. In the 1990's, it was all about greed. Now, it's all about fear. The media's portrayal of market instability makes people really concerned about their financial future. In good times, and in challenging times like these, people need a competent and caring advisor who can serve as a buffer between their emotions and investment behavior.
Where will my assets be held?
Our clients assets remain in the clients name at The Charles Schwab Corporation and are insured up to $100 million against potential losses resulting from brokerage firm's insolvency or liquidation.
What is the Charles Schwab Corporation?
The Charles Schwab Corporation (NASDAQ: SCHW), based in San Francisco, California is one of the world's largest discount brokers. The company serves some 7 million individual and institutional clients from more than 300 offices in the U.S. Besides discount brokerage, the firm offers a wide range of investment research, mutual funds, annuities, bond trading, and now checking and mortgages through its Charles Schwab Bank.
For more information, check out our highlight of the Charles Schwab Corporation on our "Strategic Partner" page.
How often will you meet with me?
We give you the option to meet with us as often as you'd like. Generally, clients choose to meet on an annual basis to discuss their portfolio(s) and financial progress. Additionally, we encourage you to contact us before or when you go through a major life event, such as a retirement, a new job, a baby, a marriage, a divorce, loss of a spouse, and before making major purchases or starting your own business.
How often will you communicate with me?
Besides Schwab's monthly statements, you'll receive quarterly reports from TCM along with our monthly newsletter, periodic updates, and reports of portfolio changes as they occur. We are happy to arrange regular reviews, face-to-face or over the phone, and to provide interim reporting upon request.
We usually speak with each of our clients 4-8 times per year depending on the complexity of their situation and their individual preferences. Some prefer more frequent contact and some desire less. It's totally flexible and up to you.
Am I required to stay with TCM for any length of time?
No. While we would like to continue our professional relationship with you, there is no obligation on your part to do so. In our contracts, we fully disclose that clients can terminate partnership with us at any time upon receipt of written notice.
What do you provide me at year-end to prepare my taxes?
Charles Schwab provides all tax reporting data via a comprehensive Form 1099 at year-end. By law, this must be mailed each year no later than January 31st.
Are your fees tax-deductible?
Yes. Consult with your tax advisor for specific information and to determine your eligibility.
How can I partner with TCM to help my clients?
TCM is always seeking strategic partnership opportunities with professionals who share our commitment to delivering the most effective and comprehensive solutions possible to their clients. Whether you are a financial advisor looking to merge or sell your practice or a practitioner in an area such as tax, legal, insurance or investments seeking a strategic partner to complement your core competencies, we can help. Our current network includes investment analysts, estate attorneys, accountants (CPAs), portfolio managers, real estate agents, mortgage brokers, and long-term care and insurance specialists.
How can I get started?
The first step is an initial inquiry from you. Call us at 501.868.7772 or email us at . We offer a no-cost, no-obligation initial meeting.
