Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
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)
- Hourly
- Fixed Fees (Other than subscription)
- Commissions
Vantage Financial Group, Inc. Overview
Vantage Financial Group, Inc. is a registered investment advisory firm with headquarters located in Cleveland, OH. Established in 1988, the firm has been providing excellent financial services for over three decades. The firm's principal business model is fee-based, offering a unique approach to investment advisory services. As an insurance broker/agent, the company provides investment advice while leveraging insurance-related products to achieve their clients' financial goals. As a registered investment advisory firm, Vantage Financial Group, Inc. offers a wide range of financial services to meet the unique needs of individuals and small businesses. Their financial planning services include the development of personalized plans that help clients achieve their financial goals. The company's portfolio management services cater to individuals and small businesses with the goal of helping clients achieve their financial objectives and needs. Vantage Financial Group, Inc. also specializes in providing portfolio management services for businesses or institutional clients. Their experienced team helps organizations tailor investment strategies to optimize financial outcomes, reduce risks, and meet long-term objectives. In addition, their pension consulting services help organizations design and manage comprehensive retirement plans that help employees plan for their future while remaining competitive in the market.
VANTAGE FINANCIAL GROUP, INC. offers financial services to an extensive range of clients, including individuals, high net worth individuals, pension or profit sharing plans, charities, and diverse corporate entities. Their clients hail from various backgrounds and have different financial requirements, and VANTAGE FINANCIAL GROUP, INC. understands and caters to their individual needs to provide the best possible financial solutions. From small business owners to corporations seeking retirement solutions, they cater to all types of clients. When it comes to fee structures, VANTAGE FINANCIAL GROUP, INC. provides various options depending on the service required. For clients looking for investment management solutions, they offer a percentage of AUM (assets under management). For those who need financial planning, they provide hourly consulting fees. Additionally, for clients requiring specific products or services, they offer fixed fees and commissions. Their fees are competitive, transparent, and based on their clients' needs and requirements. They frequently discuss the fee structure, including the payment options and arrangements, with their clients to ensure clarity and transparency in the financial transactions. VANTAGE FINANCIAL GROUP, INC. prioritizes their clients' financial best interest and works diligently to provide personalized financial solutions that cater to their unique requirements.
Typical Clients, Fee Structures & Investment Minimum
According to the note in Vantage Financial Group, Inc.'s Part 2 Brochure, the firm does not require a minimum dollar amount to open and maintain an advisory account. However, they do have the right to terminate an account if it falls below a minimum size that they consider too small to effectively manage in their sole opinion. Thus, it appears that Vantage Financial Group, Inc. does not have a set investment minimum, but rather evaluates accounts individually based on their size.
How This Office Can Help South Jordan, UT Residents
Vantage Financial Group assists clients in South Jordan, UT by providing comprehensive financial planning and investment management services. The firm is dedicated to helping clients achieve their financial goals through a personalized approach that takes into account their unique financial situations. Whether someone is just starting out in their career, looking to retire soon, or facing unexpected financial challenges, Vantage Financial Group can help. Specific financial situations someone living in South Jordan, UT might be facing include managing debt, saving for retirement, and planning for college expenses. Additionally, individuals and families may need assistance with estate planning, managing taxes, and protecting their assets. Vantage Financial Group's team of experienced advisors can provide guidance and support in navigating these complex financial issues and creating a customized plan that meets each client's specific needs and goals. The firm's focus on client education and communication ensures that clients feel confident and informed about their financial decisions.
Services Offered by Vantage Financial Group, 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 Vantage Financial Group, 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.
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.
Unavailable
Subscription (Newsletter or Periodical)
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
Vantage Financial Group, Inc. is registered to service clients in the following states:
- Alabama
- Arizona
- California
- Colorado
- Connecticut
- Florida
- Illinois
- Indiana
- Louisiana
- Maryland
- Michigan
- New York
- North Carolina
- Ohio
- Pennsylvania
- South Carolina
- Texas
Disciplinary History
Vantage Financial Group, Inc. does not have any disclosures. Please visit it's Form ADV for more details.