Frequently Asked Questions

What are the common questions about wealth management? Here are some frequently asked questions to help you understand more about our services and how we can assist you.

  • As a fiduciary, Cornerstone Wealth is legally obligated to act in your best interest, putting your needs ahead of our own. This commitment ensures that we provide unbiased advice and prioritize your financial well-being in all our recommendations.

  • You can schedule a consultation by visiting our website and clicking on the "Schedule a Consultation" button, or by calling our office directly at 704-987-3410. Our team will help you set up an appointment at your convenience.

  • Our financial planning approach is comprehensive and client-focused. We start with an in-depth analysis of our clients' financial situations, goals, and risk tolerance. We then develop personalized plans that include strategies for savings, investments, retirement, taxes, and estate planning.

  • Cornerstone Wealth offers comprehensive financial services, including investment management, retirement planning, estate planning, tax optimization, insurance solutions, and financial advisory services tailored to both individuals and businesses. To learn more, visit our Wealth Services page.

  • Begin by setting clear financial goals, such as saving for retirement, buying a home, or funding education. Next, create a budget to track income and expenses, and start an emergency fund. Consult with a financial advisor to develop a comprehensive financial plan tailored to your specific needs.

  • For individuals, we provide personalized investment strategies, retirement planning, estate planning, and tax planning. For businesses, we offer employee retirement plans, business succession planning, and corporate investment management. To learn more about our business offerings visit our Business Solutions page.

  • Common retirement savings options include employer-sponsored plans like 401(k)s, individual retirement accounts (IRAs), Roth IRAs, and annuities. Each option has different tax advantages, contribution limits, and withdrawal rules. A financial advisor can help you choose the best options based on your circumstances.

  • Calculate your retirement needs by considering your expected lifestyle, healthcare costs, inflation, and other factors. Use retirement calculators to estimate your future expenses and savings requirements. A financial advisor can provide personalized estimates and strategies to help you reach your retirement goals.

  • Our investment philosophy is centered on long-term growth, risk management, and diversification. We believe in creating tailored investment strategies that align with our clients' financial goals and risk tolerance.

  • Diversification helps reduce risk by spreading investments across various asset classes, sectors, and geographic regions. This approach minimizes the impact of poor performance in any single investment, enhancing the potential for overall portfolio stability and growth.

  • Cornerstone Wealth provides comprehensive services, including investment management, tax planning, estate planning, risk management, legacy planning, business planning and more. Our advisors tailor strategies work to protect and grow wealth, ensuring that all aspects of a client's financial life are managed efficiently.

  • Essential insurance types include life insurance, disability insurance, long-term care insurance, health insurance, property and casualty insurance, and umbrella liability insurance. Each type addresses different risks and can be tailored to protect your assets and income. Speak to a qualified representative about your unique situation to determine best options.

  • To get started with tax planning, you can schedule a consultation with Cindy Meares by visiting our website or calling our office. During the consultation, Cindy will assess your financial situation and develop a personalized tax strategy for you.

  • Regularly review and update your estate plan to reflect changes in your personal circumstances, such as marriage, divorce, birth of a child, or significant financial changes. It's also important to review your plan in light of changes in tax laws and regulations.

  • Our financial advisors hold various professional certifications such as Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), and Accredited Investment Fiduciary (AIF), among others. They are also required to undergo continuous education to stay updated with industry trends and regulations.

  • Our team comprises seasoned professionals with extensive experience in managing a wide array of financial scenarios, from simple investment portfolios to complex estate and tax planning needs. Many of our advisors have over a decade of experience in the industry.

  • We take a holistic approach to investment management, starting with a thorough understanding of our clients' financial goals and risk profiles. We then create diversified portfolios that balance growth and security, continuously monitoring and adjusting them to market conditions and life changes.

  • Our firm structures its fees transparently, typically through a percentage of assets under management (AUM) model. We also offer flat-fee arrangements for specific services. Detailed fee structures are provided upfront during our initial consultations.

  • We implement robust security measures, including encryption, secure data storage, and regular security audits, to ensure the confidentiality and integrity of client information. We adhere strictly to regulatory compliance and data protection laws.

  • Yes, every client receives personalized financial advice tailored to their unique circumstances and objectives. Our advisors work closely with clients to understand their specific needs and develop customized financial strategies.

  • Clients can communicate with their financial advisor through various channels, including in-person meetings, phone calls, emails, and secure online messaging platforms. We strive to be accessible and responsive to our clients' needs.

  • Our average response time for client inquiries is within 24 hours. We prioritize timely communication to ensure our clients receive the support and information they need promptly.

  • Yes, our website features a wealth of educational resources, including articles, webinars, and interactive tools covering a wide range of financial topics to help clients make informed decisions. To learn more, visit the Insights tab.

  • We empower clients by providing them with comprehensive financial education, regular updates on market trends, and transparent insights into their financial plans and investments. Our advisors also conduct regular review meetings to discuss progress and adjust strategies as needed.

  • Clients can expect regular communication with their financial advisor, including up to quarterly review meetings, annual comprehensive reviews, and additional meetings as needed based on their financial needs and goals.

  • Yes, we have a designated point of contact for urgent matters to ensure our clients can receive prompt assistance when needed. Clients can reach out to their primary advisor or their dedicated client service associate for immediate concerns. All other concerns can be processed via administrative help by emailing jindovino@cwgadvisors.com.