About Watters Financial Services, LLC

Watters Financial Services is an independent Registered Investment Advisory (RIA) firm since 1989. We are a boutique investment advisory firm offering Wealth Management services to high net worth individuals. Wealth Management combines managing investments with ongoing comprehensive financial planning with periodic (usually quarterly)reviews. We offer hourly financial planning which may be either comprehensive or concerning a particular topic. We offer business owners advice concerning retirement plan design and regulation. You will work with a Certified Financial Planner? and Fiduciary.

General Information Years of Experience in Financial Services:    27 Gender:    Male CRD#:    1454057 Firm CRD#:    126339 States Licensed in:    NY, NJ, CT, FL, CA Name of Custodial Firm:    TD Ameritrade Number of Years with Current Firm:    27 Insurance License#:    8622637 Work with the following types of clients:    Businesses, Individual Investors, Non-Profit Organizations States Willing to do Business in:    NY, NJ, CT, FL, CA

Education Academic Background   Pace University MBA 1985, State University of New York at Albany 1981

Services Investment Types:    Mutual Funds, Bonds, Stocks, Insurance, Exchange Traded Funds (ETFs) Can meet clients in the following ways:    Your Office, Phone, Our Office

Qualifications & Memberships Certifications, Accreditations & Designations:    CERTIFIED FINANCIAL PLANNER™ Certificant Insurance and Annuity Licenses:    Long Term Care, Life, Disability Financial Organization Memberships:    Financial Planning Association (FPA) Non-Financial Organization Memberships:    Catskill 3500 Mahwah Chamber of Commerce Adirondack Club

Firm Information Assets Managed by Firm:    $64,000,000 Assets Managed by Advisor:    $64,000,000 Advisor's Number of Clients:    300 Firm's Number of Clients:    300 Advisor's Number of Planning Clients:    200 Advisor's Number of Managed Clients:    100 Firm's Number of Planning Clients:    200 Firm's Number of Managed Clients:    100

Compliance Criminal Disclosures in Last 5 years:    Have a clean record Compliance Disclosures in Last 5 years:    Have a clean record Registered Investment Advisor:    Yes Acknowledged fiduciary:    Yes

Compensation and Fees Hourly Rate:    $250.00 Additional Details on Charges:    1. Wealth Management Assets under $750,000 1.00% Assets $750,001 to $1,000,000 0.75% Assets over $1,000,000 0.60% 2. Pension Consulting is charged either as $250 per hour or as a percentage of assets up to .5%. 3. Modular amd Traditional Financial Planning are charged on an hourly basis at $250 per hour. Compensation Methods:    Based on Assets, Hourly, Commissions Minimum Portfolio Size for New Managed Accounts:    $500,000 Fee Structure:    Fee-Based

Frequently Asked Questions

Q.	Do you have a customer satisfaction or refund policy?

Q.	What are your qualifications? What is your education background?

Q.	How are you compensated? How will I pay for your services?

Q.	If you are going to manage my account, will you obtain my permission every time you buy or sell something?

Q.	How many clients do you currently manage?

Q.	Will you be the only person working with me?

Q.	Do you offer any guaranteed results?

Q.	How much risk should I be willing to take?

Q.	Have you ever been charged with any breaches?

Q.	What services do you offer?

Q.	Why should I choose you as my financial advisor?

Q.	How do you charge for your services?

Q.	What financial institution(s) do you represent?

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Q.	Do you have a customer satisfaction or refund policy?
Any prepaid, unearned fees will be promptly refunded.

Q.	What are your qualifications? What is your education background?
1. Traditional Financial Planning is a six-step process leading up to a customized written strategic plan. 2. Modular Planning is consultation targeted to meet a particular goal. Retirement Planning, College Funding, Tax Planning, Insurance, Estate Planning, Investments Analysis, Business Succession Planning and Cash Flow Analysis.

Q.	How are you compensated? How will I pay for your services?
We work with about 100 Wealth Management clients with $64,000,000 in assets under management. We work with about 200 financial planning clients as well as business owners concerning Retirement Plans.

Q.	If you are going to manage my account, will you obtain my permission every time you buy or sell something?
You will work with a Certified Financial Planner with 27 years experience.

Q.	How many clients do you currently manage?
1. Wealth Management Assets under $750,000 1.00% annual fee Assets $750,001 to $1,000,000 0.75% annual fee Assets over $1,000,000 0.60% annual fee 2. Pension Consulting is charged either as $250 per hour or as a percentage of assets up to .5%. 3. Modular amd Traditional Financial Planning are charged on an hourly basis at $250 per hour.

Q.	Will you be the only person working with me?
The choice is yours. You may work with us on either a discretionary or non-discretionay basis.

Q.	Do you offer any guaranteed results?
Investing involves risk. We cannot offer any guarantees that your financial goals and objectives will be met. Past performance is in no way an indication of future performance.

Q.	How much risk should I be willing to take?
We will help you create a portfolio that is customized to your risk tolerance and goals. We do not sell any investments for your portfolio so there is no incentive for us to have you to take on additional risk. Our advice will be unbiased and objective.

Q.	Have you ever been charged with any breaches?
The advisor and/or the firm have not had any arbitration claims. Neither have been involved in any civil, self-regulatory organization proceeding or administrative proceeding, and has not been the subject of a bankruptcy petition.

Q.	What services do you offer?
We act as a fiduciary,legally obligated to put your interests first. We're small enough to offer customized plans yet large enough to provide access to discounted fees and sophisticated reporting. Wealth Management clients recieve on going comprehensive planning with (usually quarterly) reviews and follow up letters after each meeting. Our ADV provides full disclosure.

Q.	Why should I choose you as my financial advisor?
CERTIFIED FINANCIAL PLANNER?, CFP® since 1990 Pace University, MBA 1985 State University of New York at Albany 1981

Q.	How do you charge for your services?
1. Wealth Management; Management of Investments with on-going Comprehensive Financial Planning. 2. Pension Consulting Services 3. Traditional Financial Planning: A six-step process leading up to a customized written strategic plan 4. Modular Planning: Consultation targeted to meet a particular goal, such as college funding or retirement planning.

Q.	What financial institution(s) do you represent?
none