Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- State & Municipal Govt Entities
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Resolute Wealth Advisor, Inc. Overview
Resolute Wealth Advisor, Inc. is a Fee Only registered investment advisory firm that offers investment advice only. Established in 2017, the firm is relatively new to the business, but has already made its mark in the industry. The firm is headquartered in Findlay, Ohio, and offers a range of financial planning services, as well as portfolio management for individuals and small businesses. In addition to these services, Resolute Wealth Advisor also provides pension consulting services to its clients. The firm helps clients plan for a secure retirement by providing expert guidance on pension plans. Resolute Wealth Advisor is committed to helping its clients achieve their investment goals, and its investment management services are designed to help its clients achieve their financial objectives. Resolute Wealth Advisor's investment philosophy is based on sound, proven investment principles. The firm believes in investing for the long term, and its portfolio management approach reflects this belief. The firm's advisors are experienced and knowledgeable, and are committed to helping clients make informed decisions about their investments. Additionally, Resolute Wealth Advisor also provides selection of other advisors, allowing its clients to have access to a wider range of experts in the field.
When it comes to clients served by RESOLUTE WEALTH ADVISOR, INC., the firm prides itself on catering to a diverse range of individuals and organizations. From individuals seeking sound investment advice to high net worth individuals with more complex financial needs, the firm has a reputation for providing top-notch financial advice to all kinds of clients. Additionally, RESOLUTE WEALTH ADVISOR, INC. works with a variety of pension and profit sharing plans, as well as charitable organizations and state or municipal government entities. When it comes to fee structures, RESOLUTE WEALTH ADVISOR, INC. offers a number of options to suit the needs of their clients. For those looking for ongoing management of their investments, the firm offers a percentage of assets under management as a fee structure. For clients looking for more specific advice or guidance on a particular issue, an hourly fee structure may be more appropriate. Additionally, RESOLUTE WEALTH ADVISOR, INC. also offers fixed fees for certain services, giving clients the option to pay a predetermined amount for a particular service. Overall, the firm's fee structures are designed to be flexible and accommodating to the many different needs of their clients.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for RESOLUTE WEALTH ADVISOR, INC. is $500,000 for opening accounts, as stated in their Part 2 Brochure note about investment minimums. However, they may waive this minimum on a client-by-client basis.
How This Office Can Help Findlay, OH Residents
Resolute Wealth Advisor is a financial advisor located in Findlay, OH, that offers a wide range of services to clients. In particular, clients in Findlay might be facing challenges related to retirement planning, tax management, and estate planning. Resolute Wealth Advisor can help clients assess their current financial situation and develop a personalized plan to achieve their long-term financial goals. One of the unique challenges facing clients in Findlay is planning for retirement. Many individuals in Findlay work for industrial and manufacturing companies that have changed over time, resulting in changes to retirement plans and benefits. Resolute Wealth Advisor can help clients navigate these changes and ensure they are well-positioned for retirement. Additionally, our team can assist with tax management, developing strategies to reduce tax liability and increase savings. Finally, estate planning can be a critical component of a comprehensive financial plan, and our team can guide clients through the process of creating a plan that meets their unique needs and protects their loved ones. Overall, Resolute Wealth Advisor is committed to providing clients in Findlay with the expertise, support, and guidance they need to make informed financial decisions.
Services Offered by Resolute Wealth Advisor, Inc.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Resolute Wealth Advisor, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Resolute Wealth Advisor, Inc. is registered to service clients in the following states:
- Florida
- Ohio
- Texas
Disciplinary History
Resolute Wealth Advisor, Inc. does not have any disclosures. Please visit it's Form ADV for more details.