Frequently Asked Questions: Transitioning to Our New Alliance Partners
In my last two emails, I’ve shared quite a lot of information about my new strategic alliances with Fidelity and Helium Advisors, and about some of the many enhancements and new benefits these will bring. To help ensure transparency and clarity around the value of these changes and what they mean for you, here are some answers to a few questions you might have.
Why are you making this change?
There have been a lot of changes in the financial industry and advancements in financial technology in recent years. Some firms are doing a much better job than others in responding to the challenges and opportunities. My ongoing analysis of the industry indicated to me that I could make significant enhancements in how I serve you, improve the experience you have, and bring some amazing cutting-edge tools to the table. In order to best serve you, I want to evolve with the industry and make improvements where I can.
Over these last few years, I’ve been researching my options and looking into opportunities that will allow me to capitalize on my independence more fully and bring new value to client relationships. After countless meetings and endless hours of research, I found what I believe will be the best permanent partnerships enabling me to serve you best. Helium Advisors, a Registered Investment Advisory firm, with an experienced team that shares my passion for helping people achieve their financial goals will be central to helping me provide you with a higher level of service.
What does this mean for my accounts?
All Advisory accounts will move from LPL Financial to Fidelity. Wherever possible, we will transition Brokerage accounts in a similar fashion. I will have individual conversations with clients to answer your questions and make sure you understand the steps. Rest assured, I will make this shift as easy as possible for you. While this will involve some paperwork, I’ll help you each step of the way in switching over your accounts. This transition to Fidelity offers many benefits, including access to financial planning software and a wide array of investments and strategies.
How will my investments change?
When moving your account over from LPL Financial to Fidelity, some of your investment options may change. However, by working with Helium Advisors and using Fidelity, I will have access to a wide array of both proprietary and third-party investment strategies and solutions. I recommend reviewing your investment lineup at least once a year, so now may be a good time for us to sit down and review your portfolio and if it’s still aligned with your goals.
How does the change benefit me?
Partnering with Helium Advisors benefits not only me but also you. For one, working with a successful Registered Investment Advisory firm helps me reduce my cost of doing business so I can pass on those savings to you. Additionally, with a team behind me, you’ll have access to more administrative support and high-tech financial planning software, such as eMoney. Finally, working with a Registered Investment Advisor means offering you greater transparency regarding fees and how we work.
What should I do if I have questions?
If at any time you have questions, don’t hesitate to reach out to me by email or phone. I’m happy to speak on the phone or set up an in-person meeting to review these changes, how they impact you, and what you can expect in the coming months. You can reach me at email@example.com or 509-340-2420.