Financial Planning and Wealth Management

Whether you need comprehensive advice or advice focused on meeting a single important challenge, Pamela will walk you through the financial planning process so that you will feel confident in your decisions.

Her process consists of identifying your goals, gathering and reviewing your financial data, and designing and implementing a plan to help you build, manage and preserve your wealth.

Financial planning and investment management services are offered on a fee-only basis, for which she is compensated by billing hourly, project or fixed fee, or as a percentage of assets under management. Pamela is also licensed to provide risk management advice and insurance products for which she can receive commissions. In all cases, Pamela assumes the role of the client's fiduciary, in that she always place the interests of the client above her own.

Pamela’s goal is to empower, educate and engage people, especially women around their money/financial issues as they go through life transitions such as divorce, widowhood, and retirement.

 

INVESTMENT MANAGEMENT

 

Investment Philosophy

The Firm objective is to invest the client’s portfolio with a long-term perspective and with the lowest possible risk. The best way to achieve this is through diversification, in other words, the allocation of the client’s portfolio among different asset classes.

Investment Advisory Strategy

The investment strategy for each client is based upon individual objectives, income needs, and tax situation as stated by the client during consultations. The client may change these objectives or give notice of different needs at any time. The client’s goals, objectives and needs are recorded in writing during meetings (including phone) and via correspondence with the client. Each client portfolio is constructed solely for that client.

The Firm does not engage in frequent trading of securities or in specialized types of security that involve significant or unusual risks.

Execution

Prior to providing asset management services, the client is required to enter into a formal Investment Advisory Services Agreement. In addition, an Investment Policy Statement, outlining investment objectives and policies applicable to the client’s portfolio, is completed for each client.

The Firm’s assets under management are held in the client’s own name with an independent custodian, Charles Schwab. Pamela Plick, CFP® does not act as custodian of client’s assets.

All assets are held at a qualified custodian (currently Charles Schwab), who provides account statements and online access directly to clients at their address (and email) of record. Clients have full transparency to their accounts and direct access to the custodian representative for their own accounts.