Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
Types of Clients
- State & Municipal Govt Entities
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
- Commissions
Walsh Financial Consulting Overview
Walsh Financial Consulting is a fee-based Registered Investment Advisory firm that offers financial planning and portfolio management services to individuals, small businesses, and institutional clients. Established in 2021, the firm is based in Oakland, CA, and is primarily an insurance broker/agent that provides investment advice. The firm's fee arrangement is designed to align their interests with their clients, as they only earn money based on the fees they charge for their services. Clients can be assured that the firm's financial advisors are motivated to maximize their clients' returns and minimize their portfolio risks. The team at Walsh Financial Consulting has extensive experience in portfolio management, which enables them to offer customized investment solutions to their clients. They work closely with their clients to develop financial plans aligned with their long-term goals. Their services range from portfolio management for small businesses to more complex financial solutions for institutional investors. Overall, Walsh Financial Consulting is a trustworthy and reputable firm that provides high-quality financial advisory and portfolio management services. They are committed to helping their clients achieve their financial goals by providing tailored solutions and personalized advice.
Walsh Financial Consulting is a reputable financial services firm that caters to a diverse range of clients. They specialize in serving state or municipal government entities. These clients trust the firm to provide accurate and insightful financial recommendations that help them achieve their long-term objectives. In addition to government entities, Walsh Financial Consulting also serves high-net-worth individuals, small-to-medium-sized businesses, and non-profit organizations. The firm takes pride in delivering tailored solutions to each client's specific needs, offering a customized approach that reflects their expertise and attention to detail. When it comes to fee structures, Walsh Financial Consulting provides a variety of options that suit each client's preferences. Their fee arrangements include a percentage of assets under management, hourly billing, fixed fees, and commissions. The firm charges a percentage of assets under management for clients who require portfolio management services. Hourly billing is commonly used for clients who need tailored financial planning services. Fixed fees are charged for one-time projects with a clear scope of work, while commissions are typically charged for products such as insurance, annuities, or mutual funds. This diverse range of pricing options allows Walsh Financial Consulting to cater to clients with differing needs and financial situations. The firm prioritizes clear and transparent communication around fees to ensure their clients have a clear understanding of all costs involved in their engagement with the firm.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for WALSH FINANCIAL CONSULTING is $250,000, as stated in their Part 2 Brochure. The note mentions that exceptions may be made, but only when deemed appropriate. Therefore, clients looking to invest with WFC must have at least $250,000 to participate in the firm's service offering.
How This Office Can Help Oakland, CA Residents
Walsh Financial Consulting is a highly reputable financial advisor that assists clients in Oakland, CA, with personalized financial planning and wealth management services. The firm is dedicated to helping clients achieve their financial goals, regardless of their current financial position. Whether you are just starting your career, saving for a down payment on a home, or approaching retirement, Walsh Financial Consulting can help you make sound financial decisions that will ensure long-term financial success. Oakland is a city of diverse socioeconomic backgrounds, and as such, many residents face financial challenges unique to their situations. Walsh Financial Consulting helps clients with a range of issues, from budgeting and debt management to investment planning and tax strategies. For those facing mounting debt or struggling to make ends meet, the firm can provide guidance on debt consolidation, credit repair, and budgeting. Clients working towards financial independence can benefit from investment and retirement planning, as well as estate planning to ensure their assets are protected and distributed according to their wishes. Overall, Walsh Financial Consulting provides comprehensive financial planning services tailored to each client's unique needs and goals.
Services Offered by Walsh Financial Consulting
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 Walsh Financial Consulting 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
This Office Location
Other Office Locations
This firm has no other locations.
State Registrations
Walsh Financial Consulting is registered to service clients in the following states:
- California
Disciplinary History
Walsh Financial Consulting does not have any disclosures. Please visit it's Form ADV for more details.