Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Educational Seminars & Workshops
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)
- Fixed Fees (Other than subscription)
Public Safety Financial/Galloway Overview
Public Safety Financial/Galloway is an investment advisory firm based in Mesa, AZ. Established in 2008, the firm has been providing investment advice to its clients for over a decade. As a fee-only advisory firm, Public Safety Financial/Galloway does not charge commissions for its services, relying solely on fees paid by clients. The firm specializes in providing investment advice to individuals and small businesses, as well as businesses and institutional clients. It offers a range of services, including financial planning and portfolio management. Public Safety Financial/Galloway prides itself on offering personalized investment advice tailored to each client's unique needs and investment goals. In addition to its core services, Public Safety Financial/Galloway also offers educational seminars and workshops to help clients stay up-to-date with the latest investment trends and strategies. Whether you are an individual or a business owner, the firm's team of experienced investment advisors can help you achieve your financial objectives.
Public Safety Financial/Galloway offers financial advisory services to a diverse range of clients, including both individuals and high net worth individuals. The firm caters to a variety of unique financial needs and objectives, and provides personalized advice and customized solutions to meet these needs. Whether clients are seeking to grow their wealth, protect their assets, or plan for retirement, Public Safety Financial/Galloway has the expertise and experience to help them achieve their goals. In terms of fee structures, Public Safety Financial/Galloway offers multiple options depending on the type of service being provided. For investment advisory services, the firm typically charges a percentage of assets under management (AUM) as their fee. This fee structure incentivizes the firm to maximize returns for their clients, as they benefit directly from the growth of the client's portfolio. Additionally, for financial planning and other advisory services, Public Safety Financial/Galloway may offer fixed fees on a project-by-project basis. This allows clients to have greater clarity and transparency regarding the costs involved in their financial planning, and ensures that there are no surprises or hidden fees. Overall, the firm is committed to providing transparent, fair, and competitive fee structures that align with the best interests of their clients.
Typical Clients, Fee Structures & Investment Minimum
According to the note in their Part 2 Brochure, PUBLIC SAFETY FINANCIAL/GALLOWAY does not have a minimum investment required to invest in their portfolios. However, they do recommend certain investment amounts based on the portfolio strategy. For the Venture portfolio, they recommend investing at least $100,000. For the All Inclusive portfolio, the recommended minimum investment is $30,000. Lastly, for both the ETF Active and ETF Passive portfolios, the recommended minimum investment is $10,000.
How This Office Can Help Mesa, AZ Residents
Public Safety Financial/Galloway is a financial services firm that assists clients in Mesa, AZ, with their financial needs. They provide a variety of services including retirement planning, investment management, tax preparation, and estate planning. The company has a team of experienced financial professionals who work with clients to develop personalized financial plans that meet their unique needs and goals. Living in Mesa, AZ, can pose a variety of financial challenges that Public Safety Financial/Galloway can help clients address. For example, many individuals in Mesa may be facing retirement soon and need help planning for their future. Others may be struggling with managing debt or saving for their children's education. Additionally, with the high cost of healthcare, it is important to have a plan in place to cover medical expenses. Public Safety Financial/Galloway can help clients navigate these challenges and develop a plan to achieve financial stability and security. With their years of experience and commitment to providing personalized service, Public Safety Financial/Galloway is a trusted partner for residents of Mesa, AZ.
Services Offered by Public Safety Financial/Galloway
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 Public Safety Financial/Galloway 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
- Mon 8 AM–5 PM
- Tue 8 AM–5 PM
- Wed 8 AM–5 PM
- Thu 8 AM–5 PM
- Fri 8 AM–2 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Public Safety Financial/Galloway is registered to service clients in the following states:
- Arizona
- California
- Colorado
- Florida
- Idaho
- Minnesota
- Montana
- Nebraska
- Ohio
- South Carolina
- Tennessee
- Texas
- Washington
Disciplinary History
Public Safety Financial/Galloway does not have any disclosures. Please visit it's Form ADV for more details.