Work with Doug
As a prospective client you are probably thinking if I would be a good fit as your financial advisor. I thought it might help if you understood the type of clients I like to serve as well as some information on how I work. Below you will find a short description of those details.
Who I serve
Most of my clients are 40 – 70 year olds that are either retired or well into their working years. Regardless of age, they are always “young at heart”. Many enjoy travel and look forward to the day when they can spend more time enjoying the things they have worked very hard for. Many are high level executives or small business owners that could have been featured in the book “The Millionaire Next Door”.
Most have been good savers and are more conservative – not big risk takers. They don’t like the idea of worrying about their money.
Their wealth was built by living well below their means and by deferring gratification. Many have the ability to manage their own money but value the expertise of a professional which frees up their time for more relaxing family events.
Two of their biggest concerns are: will I have enough money to enjoy in retirement and will my family legacy be fulfilled. Some may not even like to talk about money but know it is important for their overall planning. They like the idea of the solutions I provide to their problems.
How I work
I work as a Fee-Only registered investment advisor which means I act as a fiduciary. I try to do what is in the client’s best interest. I earn no commissions and have no proprietary funds list. I address two main issues. How can you do better with the money that you already have and how can I help you accumulate more money in the future?
I have access to several great money management services. I am currently working with Morningstar Investment Services, Inc. due to the unbiased approach to investing and their solid investment research. Morningstar Investment Services, Inc. provides advisors with a money management program called Morningstar® Managed Portfolios ℠ (MMP). Through this program we get mutual fund knowledge and investment strategy resources of Morningstar, Inc. with the experienced investment skills of Morningstar Investment Services. MMP features a wide range of asset allocation portfolios strategically developed to meet different investment objectives, time horizons and risk levels. Morningstar Investment Services provide all appropriate mutual fund selection and monitoring of such funds. This results in a powerful and convenient investment solution to help effectively manage your investments. I have access to no-load mutual fund portfolios, ETF portfolios as well as individual Stock Basket portfolios through this money management program. Morningstar Investment Services also provides a client web portal with secure on line account access.
I provide annual reviews and ongoing support. Additional counsel is provided as needed and requested. I am available 24/7 and can schedule Saturday and Sunday appointments as I have found some of the busiest people on earth are not readily available during the week. I can also recommend qualified estate attorneys and tax accountants. I typically get to know my clients very well and many become my friends!
What I charge
I charge a percentage of assets based on your account value. This is done through the Morningstar Investment Services. All checks are made payable to Morningstar Investment Services, Inc. so I handle no money. I never take custody of any client assets. I use Fidelity as the custodian in regard to the individual Morningstar Stock Baskets. These checks would be payable to Fidelity.
I have no financial incentive to work with any one company and take great pride in doing what is in the best interest of the client!
Could we work together?
I welcome the idea of sitting down with you to review your own situation if you think we are a fit. This will be accomplished in a very relaxed manner with no obligation. It has been my experience that spending a few minutes reviewing and restructuring one’s assets can produce huge results over time. Please use the contact tab to send me an email if you would like to schedule a meeting.
Thanks for taking the time to review my website. I hope you have learned more about me as well as my services. I look forward to hearing from you soon.
Morningstar Disclosure: The Morningstar name and logo are registered marks of Morningstar, Inc., Morningstar® Managed Portfolios ℠ is offered by Morningstar Investment Services, Inc., a registered investment advisor, and is intended for citizens or legal residents of the United States or its territories. This program can only be offered by a registered investment advisor or investment advisor representative. Morningstar Investment Services is not affiliated with this advisor. The video depicts the experience of Doug Mottet and may not represent the experience of all Morningstar Investment Services clients. Morningstar Investment Services is not responsible for the accuracy of these comments.