Fee-only
We put our clients first. Full stop. This means no commissions, product placement fees, referral fees. No hidden or unnecessary costs. What we offer is independent, objective advice. We have no financial incentives to do anything other than provide our clients with the best investments for their situation. Our clients pay us for our advice and expertise, not for financial products.
Fiduciary Standard
As a Registered Investment Advisor, we are held to high standards. We choose to uphold a fidiciary standard, which means we are required to act with loyalty and care on behalf of our clients and put their interests above our own. This is an important distinction. We believe that by following the fiduciary standard, we better serve our clients.
We don’t take custody of your assets
Blue Spark Capital Advisors does not hold any of our clients’ assets. All assets that we manage are held by a third-party custodian, generally Schwab. We will never ask you to relinquish the control of your assets. We do ask that you give us “discretionary authority” to make trades on your behalf, to manage your account so you don’t miss an opportunity to do what is in the best interest of your financial plan. Because we have determined your course of action together, we act only when it’s in your interest to place trades and implement your plan.
Transparency
You have online access to all your accounts through the custodian, and also via a personal financial website specially created for each client, which we call “the Dashboard.” You can see all activity in your Schwab accounts and can monitor your assets at any time and from any place. Client statements are provided by the custodian, and we periodically provide you with further detailed statements and supplemental account information.
Integrity
As the poet and essayist Dr. Samuel Johnson (1709-1784) said, “Integrity without knowledge is weak and useless, and knowledge without integrity is dangerous and dreadful.” We live by that motto. Our fee-only model minimizes conflicts of interest, and we disclose anything with that potential. As fee-only certified financial planners, we are selling only one thing: our knowledge.
See more about values and ethics here: CERTIFIED FINANCIAL PLANNER™ The mission of Certified Financial Planner Board of Standards is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning.
