Frequently Asked Questions

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Have a question? Have a few? We understand. Financial planning can be an intimidating process, and different companies offer different services. Below we answer your frequently asked questions.

We’ve compiled a few of the questions we hear the most; click on any button below for answers you might need. Most importantly, don’t hesitate to ask us if there are any questions you have that you don’t see here. It is easy to put off your financial planning, but not only do we think the process will give you peace of mind, it’s also empowering.

Do you have a minimum asset requirement?

You have to start somewhere

At SFA, we know that everyone’s financial journey must start somewhere, and it would be foolish to underestimate where someone’s wealth may end up. Many fiduciaries have minimum balance requirements, but we do not, although some portfolios have minimum investments in order to be fully diverse. Do not feel intimidated; we are happy to meet with you, no matter if you’re just starting out or if you’re well on your way.

Can you handle complicated portfolios?
As you amass substantial assets, managing them may become more complicated than you want to deal with. That’s where the Certified Financial Planners at Shoreline Financial Advisors can help.

We have been in the industry for decades, and have managed over a billion dollars in global portfolios. Rest assured that we are comfortable with large, complicated investments.

How much will it cost?
Your initial meeting with us is complementary. If you would like to move forward, the total fees will be based on the assets that we manage for you plus any fees charged by the investment managers of the mutual funds and ETFs to which you may be invested. We have structured our solutions to be among the lowest cost relative to our competitors.
Am I able to get my money if I need it?
Yes. We can process a request for funds in one to three business days, and either mail you a check or have the funds direct deposited into your bank account.
I am a small business owner, are there tax deductible ways to save?
Yes. You have several options. Please see our page entitled Self-Employed and Small Business Retirement Plans or call us with any questions.
Are there any charges if I decided to end our investment relationship?

No long-term contract required

We work as hard as we can to keep you happy while you’re a client, but you will never be in any long-term contracts with us.

Knowledgeable and trustworthy

Our client relationships work because we are knowledgeable and trustworthy and treat each and every client with respect. If you decide to terminate the relationship, rest assured that there will not be back-end fees, surrender charges or any cost to you of any type. We aim for full transparency.

Does SFA benefit from selling certain products?
No. As Certified Financial Planners®, we are bound to a very specific code of ethics. We are fiduciaries, which means that any advice we give or any actions we take must always be in your best interest. We do not sell any proprietary investment products or sell any products to which we receive commissions from investment companies.
I have several old retirement plans, can I put them all together?
Yes. Laws changed several years ago that allow you to combine all of your old retirement plans into one IRA account. Please see our page entitled 401(k) Information & Pension Plan Lump Sum Distributions or call us with any questions.

As a fiduciary, our goal is to be transparent and independent. If you have any further questions or concerns, please contact us.

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