Broker Check


Answers to Our Most Frequently Asked Questions

Q: Are you a fiduciary?

Yes. We are fiduciaries, which means we are held to a fiduciary standard to place your interests above our own. We are required to act with utmost good faith, provide full and fair disclosure of all material facts, to not mislead clients, and to expose all conflicts of interest to clients.

Q: How do you get paid?

We charge a fixed fee for your Initial Financial Plan that includes a comprehensive examination of your financials, as well as specific and actionable advice to get you moving in the right direction. Initial financial plans take approximately 4 weeks to complete. Inspire's initial financial planning varies based on complexity and assets under management.

After your Initial Financial Plan has been completed, you may decide that you would like us to manage your assets as well. Inspire utilizes companies like Vanguard and American Funds to great measure, and we feel our investment lineup is extremely competitive. We charge an AUM (assets under management) fee for your initial account set-up and ongoing portfolio management. Currently, we use Charles Schwab as our custodian.

Asset Management Fees

Q: Once my financial plan is completed, will our relationship end? 

No. Our business model is a relationship model. It is designed to start the first year of planning with as much energy and enthusiasm as possible. To build on that, our Continuous Financial Planning Service assures our clients that we will be back every year on their financial planning anniversary to make sure that they are still achieving the goals that are so important to them.

Q: What does your ideal client look like? 

Our ideal client has realistic expectations and is looking for objective advice. They are looking for a private wealth advisor who is honest, ethical, and has their best interest at heart.

Our clients come from all walks of life: Some are engineers, business owners, and executives, while others are professors or retirees. They typically have the following characteristics:

  • They want to work with a fiduciary financial advisor
  • They want objective advice to difficult questions
  • They have multiple portfolios with complex needs
  • They have a moderate to extensive level of investment experience  
  • They are seeking fee-only advice
  • They have investable assets of $2MMto $100MM+

Q: Do I have to let you manage all my assets? 

No. If all your assets are in an employee sponsored 401(k) or 403 (b), this isn’t even an option. We have also found that some clients are still relatively happy with their current advisor—they just want a second opinion.

Q: What are your minimum new account size? 

Inspire's ideal client has $2MM to $100MM+ of investable assets.