Why Gallagher Pool Wealth Management?
What distinguishes an investment professional as truly "qualified" to safeguard and manage your financial assets and investment portfolios effectively?
Key considerations for investors revolve around various aspects of the investment professional's profile, including their educational background, depth of experience, investment philosophy, custody practices, ownership structure, professional history, continuity of service, affiliations, commitment to privacy practices, ethical standards, and strategic partnerships.
By assessing these critical factors, investors can gain valuable insights into the expertise, integrity, and reliability of an investment professional, thus making an informed decision when entrusting their financial well-being aiming to ensure a confident and prosperous future.
Important Questions to Ask Your Financial Professional
Q: Are your financial professionals well-credentialed and licensed?
A: Charlie and Phil boast college degrees, advanced certifications, and professional designations. Holding multiple FINRA licenses, they are Investment Advisor Representatives with insurance certifications, ensuring they are equipped with a robust foundation to cater to your financial needs.
Q: Do your financial professionals possess substantial industry experience?
A: With over 30 years of combined experience in the financial services sector, Charlie and Phil have dedicated their entire professional journeys to achieving excellence in the field. Their wealth of experience ensures seasoned guidance and expertise in navigating the complexities of financial planning.
Q: How are client accounts managed by your financial professionals?
A: Charlie and Phil prioritize client security by abstaining from custody or commingling of client accounts. They leverage well-established Fortune 100 custodians to handle securities and investment advisory services, ensuring a stringent adherence to client protection protocols.
Q: Is your financial advisor an independent business owner?
A: Charlie and Phil take pride in ownership of their practice and premises, fostering a client-centric approach rooted in autonomy and commitment to delivering top-tier services. Their ownership empowers them to offer comprehensive strategies and bespoke solutions to their clients.
Q: Has your financial professional undergone background verification?
A: You can verify the background of Charlie and Phil, along with any registered investment professional, on FINRA's broker check, providing transparency and assurance in their professional history.
Q: Does your financial advisor have a robust continuity plan?
A: Charlie and Phil have diligently crafted a continuity plan to ensure seamless client service in the face of unforeseen circumstances, prioritizing client welfare and uninterrupted service delivery.
Q: How does your financial professional safeguard your privacy?
A: Charlie and Phil have invested in state-of-the-art technology, stringent onsite security measures, and professional document shredding services to uphold the highest standards of privacy protection. With meticulous security and privacy protocols in place, they prioritize safeguarding client information and maintaining a trusted client-advisor relationship.
Investment Fiduciary Code of Ethics
As Accredited Investment Fiduciaries (AIF®), both Charlie Pool and Phil Gallagher have defined policies and procedures to manage conflicts of interest that may arise in their Private Wealth Management Practice. To learn more about Accredited Investment Fiduciaries, please visit The Center for Fiduciary Studies.
Under the Investment Advisor Act, financial advisors are considered fiduciaries with the responsibility of acting in the best interests of their clients. We pledge:
- to place the best interests of our clients before our own interests;
- to serve clients fairly, diligently and with integrity;
- to provide objective and suitable advice, including, but not limited to, suitable advice regarding any replacements of financial or insurance products;
- to maintain the professional knowledge, skills, and competence needed in order to give the best possible advice;
- to hold in confidence any protected client information, disclosing only when legally required to do so, when defending against charges of wrongdoing, or after receiving authorization for such disclosure;
- to abide by and conform to all laws and regulations in the jurisdictions in which they do business;
- to maintain conduct which will reflect favorably upon advisors’ professions; and
- to disclose the facts needed by clients to make informed decisions, including any conflicts of interests relating to the services provided.
Generally, the Forms ADV Part 2A and Part 2B, the advisory agreements, and other required client account-opening documents provide most of the disclosures needed by clients to make informed decisions. Such disclosures include, but are not limited to, fee disclosures and conflicts of interests arising when investment advice includes transaction recommendations that will be executed through LPL Financial. Additionally, when assisting clients with an investment management program that uses mutual funds, we must provide clients with a current prospectus for any fund recommended prior to or at the time the recommendation is made.