Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- 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
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
- Other
Strategic Financial Partners, Ltd Overview
Strategic Financial Partners, Ltd is a fee-based investment advisory firm that has been providing top-notch financial services since its inception in 2012. Headquartered in Lake Oswego, OR, the firm has earned a reputation for being a trusted partner for individuals and small businesses looking to grow their wealth through expert financial planning and portfolio management. As a registered investment advisory firm, Strategic Financial Partners offers a range of services, including investment advice, portfolio management for businesses or institutional clients, and pension consulting services. The firm's experienced team of professionals works closely with clients to understand their unique needs and develop personalized investment strategies that achieve their goals. In addition to the above, Strategic Financial Partners also operates as a broker-dealer representative and insurance broker/agent, offering a diverse array of investment options for clients. The firm is uniquely positioned to help clients select other advisors, empowering them to build a comprehensive financial team that is best suited to their needs. Overall, Strategic Financial Partners is committed to providing clients with exceptional service and expert guidance as they navigate the complex world of investing.
STRATEGIC FINANCIAL PARTNERS, LTD is a financial advisory firm that offers industry-leading wealth management services to a broad range of clients. The firm caters to the diverse needs of individuals and high net worth individuals alike. Its clientele includes those looking to establish a solid financial future, those looking to preserve their wealth, and those seeking to grow their existing wealth. Strategic Financial Partners offers customized solutions to meet the unique requirements and goals of each of its clients. In terms of fee structures, Strategic Financial Partners offers several options, depending on the service provided. The firm charges clients on a percentage of their assets under management (AUM), typically ranging from around 0.5% to 2% per year. For clients who require occasional advice without ongoing management, the firm provides an hourly fee structure, which is set at a pre-agreed rate. Those who desire a comprehensive wealth management plan can opt for a fixed fee, which is determined by the scope of work involved. Strategic Financial Partners also offers other types of fees, such as performance-based fees, which may be offered on a case-by-case basis. The firm strives to offer its clients flexible, transparent, and fair fees, aimed at maximizing their long-term success.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure for Strategic Financial Partners, Ltd does not mention anything about the firm's investment minimum. Therefore, it is unclear what the minimum investment requirement may be for this particular firm. It is recommended that interested investors contact the firm directly for more information regarding their investment minimums.
How This Office Can Help Salt Lake City, UT Residents
Strategic Financial Partners offers a wide range of financial planning services to assist clients in Salt Lake City, UT. Their team of experienced financial advisors work with clients to develop comprehensive financial plans tailored to their specific needs and goals. Whether someone is looking to plan for retirement, invest wisely, or manage debt, Strategic Financial Partners can provide the guidance and expertise needed to make informed decisions. Living in Salt Lake City can present unique financial challenges, such as high housing costs, unpredictable tax policies, and volatile job markets. Strategic Financial Partners understands these challenges and works with clients to navigate them effectively. They provide ongoing support and advice, helping clients to adjust their financial plans as their circumstances change over time. With a focus on long-term financial success, Strategic Financial Partners is committed to helping clients build the financial freedom and security they need to achieve their goals and dreams.
Services Offered by Strategic Financial Partners, Ltd
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 Strategic Financial Partners, Ltd 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.
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.
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).
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
Strategic Financial Partners, Ltd is registered to service clients in the following states:
- California
- Nebraska
- New Mexico
- Oregon
- Texas
- Washington
Disciplinary History
Strategic Financial Partners, Ltd does not have any disclosures. Please visit it's Form ADV for more details.