Financial advisors New York City Berkshires
Financial advisors New York City Berkshires: Blue Spark Financial is a Registered Investment Advisory “RIA” and financial planning firm, providing fee-only objective advice. We are fiduciaries first and foremost. By considering all of our clients’ investment and life needs as a whole, we aim to provide comprehensive service and support to help them reach their goals.
We offer a disciplined approach to your financial life, with objective answers to your questions and solutions to your problems through a diversified investment approach.
We work with your other advisors — your attorney, accountant, mortgage broker, and insurance agent — to make sure that proper overall planning is done and effective implementation takes place. We will work with your existing advisors, or we can provide referrals to those we trust and work with regularly, financial advisors New York City Berkshires.
Integrity: Our fee-only model minimizes conflicts of interest. As fee-only financial advisors, we are selling only one thing: our knowledge. And, as 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 as financial advisors in New York City and the Berkshires of Massachusetts.
Fee-only: No commissions, no product placement fees, no referral fees. No hidden or unnecessary costs. No account minimums. Just independent, objective advice. We have no conflicts of interest or motivation to do anything other than provide our clients with the best investment for their situation. Our clients pay us for our advice and expertise, not for selling them financial products.
Fiduciary standard: As a Registered Investment Advisor, we are held to higher standards. We choose to uphold a fidiciary standard, which means we are legally required to act with undivided loyalty on behalf of our clients and put their own interests above our own. The fiduciary standard differs from the standard that of conventional stock brokers, who only need to show that investments they are selling their clients are “suitable.” We believe that by following the fiduciary standard, we better serve our clients.
We do not 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 Fidelity Institutional. We will never ask you to relinquish the control of your assets. We do recommend that you give us “discretionary authority” to manage your account so you never 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 implement your plan.
Transparency: You have online access to all your accounts, and more, via our websites specially created for each client. You can see all activity in your Fidelity accounts and can monitor your assets at any time and from any place. Client statements are provided by the custodian, and we provide you with further detailed planning.