Frequently
Asked Questions
Why is being an independent financial advisor important?
Working with an independent financial advisor can open up opportunities you didn’t have before. With a typical corporate financial advisor, you’re restricted to recommendations that only include the investment and financial products offered by that company. At Cestia Wealth Management, we put your needs and best interests at the forefront by recommending the high-quality investment options that make the most sense for your situation.
Do you consider the tax implications of my investments?
Yes. When choosing the investments to help you pursue your long-term goals, we also hone in on how those investments could impact your tax liability. We weigh the opportunity cost of those options to choose the investments best suited for your portfolio.
How does holistic wealth management incorporate assets that are not under your management?
Holistic financial planning encompasses a 360-degree view of your life and goals. Through best- in-class technology, our firm has the ability to aggregate all your assets into a single platform. This level of management enables our advisors to actively provide advice and make recommendations on real-time performance and risks, regardless of if the assets are under our investment management.
What is the difference between a bank and a custodian?
In investment management, we use a financial institution called a custodian (Cestia uses Fidelity) to safeguard and service securities and financial instruments for our clients. Custodians possess limited risk and are part of SIPC. In the event of insolvency, you won’t have to depend on the FDIC to get your money back; the custodian simply returns the funds to the client.
What makes you different from other financial advisors?
Cestia Wealth Management sets itself apart through our detailed financial planning process that gets to the root of your concerns. We assess your financial standing much like reading the rings of a tree to identify your potential risks, goals, and challenges. We also make ourselves available to our clients. If there’s anything you have questions about, we’re happy to answer.
Can’t I just do this myself?
There are plenty of projects you could DIY, but something as important as your financial future shouldn’t be one of them. The advice you could find online or through a robo-advisor is generalized and does little to address your individual situation. You would also miss out on the specialized tools your financial advisor uses to test strategies, monitor progress, and adapt your plan to real-life scenarios. Lastly, there’s the time commitment of managing this process yourself. By trusting the professionals at Cestia Wealth Management, we can help you optimize the plan for your financial future and give you new insights into your wealth.
Ready to gain control of your finances?
Take the first step toward your financial goals by scheduling your introductory call today.
