Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
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
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
First Command Advisory Services Overview
First Command Advisory Services is a registered investment advisory firm that specializes in providing investment advice to clients. The firm was established in Fort Worth, TX in 2005 and has been in business for over 15 years as a fee-based service provider. As a fee-based firm, the advisors at First Command Advisory Services are compensated through a fee structure that aligns with the client's investment goals. The main services offered by First Command Advisory Services include financial planning and portfolio management for individuals and small businesses. The firm's financial planning services are designed to help clients achieve their financial goals through a customized plan that takes into account their specific needs and objectives. This may include retirement planning, estate planning, risk management, and tax planning. In addition, First Command Advisory Services offers portfolio management services that are tailored to each client's risk tolerance and investment objectives. The firm's investment strategy is focused on long-term growth and preservation of capital, utilizing a diversified portfolio that is optimized to achieve the client's goals. The firm's investment approach is based on a disciplined, research-driven process that seeks to identify structurally advantaged companies with strong fundamentals and attractive valuations.
FIRST COMMAND ADVISORY SERVICES serves a wide range of clients across various sectors. From individuals to high net worth individuals, pension or profit sharing plans, charitable organizations, and other corporations, clients with different financial backgrounds and aims find support from the firm. Whether the client is looking for comprehensive financial planning or asset management services, FIRST COMMAND ADVISORY SERVICES caters to their unique needs. The fee structure for FIRST COMMAND ADVISORY SERVICES depends on the service provided. Clients opting for asset management services can expect to pay a percentage of their assets under management (AUM) as a fee. This fee varies depending on the size of the portfolio and the complexity of the investment strategy involved. On the other hand, clients looking for comprehensive financial planning and advice can choose to pay a fixed fee. This fee is agreed upon upfront and covers all the services provided by the firm. FIRST COMMAND ADVISORY SERVICES is transparent about their fee structure, ensuring that clients have a clear understanding of the cost involved in each service.
Typical Clients, Fee Structures & Investment Minimum
According to the note in their Part 2 Brochure, FIRST COMMAND ADVISORY SERVICES has investment minimums for their AMS program. The minimum initial investment requirement to participate in the Foundations program is $20,000 per registration type and the minimum initial requirement to participate in the SIP program is $50,000 per registration type. Therefore, clients interested in participating in these programs must invest at least the specified minimum amounts.
How This Office Can Help Culpeper County, VA Residents
As a First Command Financial Advisor, Christina Almazan Diaz provides a wide range of financial planning services to clients in Culpeper County, Virginia. Christina aims to assist individuals and families with managing their finances, setting realistic financial goals, and developing strategies to achieve those goals. She has experience working with clients from all walks of life and understands the unique financial challenges that residents of Culpeper County may face. In Culpeper County, many people are dealing with the rising cost of living, particularly when it comes to housing and healthcare expenses. Those who are approaching retirement age may also have concerns about their ability to maintain their standard of living after they stop working. Christina works with her clients to create personalized retirement plans that take into account their current financial situation and future goals. By educating her clients on sound financial planning principles and advising them on investment strategies, Christina helps them stay on track towards achieving their financial objectives.
Services Offered by First Command Advisory Services
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 First Command Advisory Services 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.
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
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.
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
First Command Advisory Services is registered to service clients in the following states:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
Disciplinary History
First Command Advisory Services does not have any disclosures. Please visit it's Form ADV for more details.