| Advisor Profile |
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| Name: |
Justin Farris, CFP® |
| Phone Number: |
(214) 272-0479 |
| Website: |
Visit Website
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Business Description |
Our expertise is the integration between our financial planning and our investment management capabilities. We combine these functions seamlessly with a single minded focus on striving to preserve and grow wealth. We use our expertise in wealth management to create a financial plan to attempt to achieve your needs and reach for your dreams. Our goal is to allow you to concentrate on what you enjoy most while knowing that we are tirelessly working toward your objectives.
Our research efforts lead us to develop a risk/reward profile and fair value of each potential investment. Once we determine the appropriate asset allocation and target investments within each asset class, we patiently wait for the opportunity to purchase the investment when we believe the risk/reward characteristics are in your favor. |
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General Information |
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| Name of Custodial Firm: |
Raymond James & Associates
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| States Licensed in: |
CO, OK, VA, TX
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| States Willing to do Business in: |
All States
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| Years of Experience in Financial Services: |
5
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| Number of Years with Current Firm: |
4
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| I work with the following types of clients: |
Hedge Funds, Individual Investors, Businesses
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Education |
| Academic Background |
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| Graduate of Rice University |
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Services |
| Investment Types: |
Exchange Traded Funds (ETFs), Bonds, Stocks, Annuities, Insurance, Mutual Funds, Options & Futures, Alternative Investments
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant, Insurance License (Life & Health; Long Term Care; Specify below)
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| Securities Licenses: |
Series 7, Series 66
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| Insurance and Annuity Licenses: |
Health, Annuity, Long Term Care, Variable Annuity, Life, Variable Life
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| I work with clients as part of a team: |
Yes
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| Firm's Number of Clients: |
150
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| Firm's Number of Planning Clients: |
100
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| Firm's Number of Managed Clients: |
75
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| Assets Managed by Firm: |
$120,000,000
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| Advisor's Number of Clients: |
50
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| Advisor's Number of Managed Clients: |
20
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| Advisor's Number of Planning Clients: |
20
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| Assets Managed by Advisor: |
$25,000,000
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Compliance |
| Registered Investment Advisor: |
Yes
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| Registered Representative: |
Yes
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| Investment Advisor Representative: |
Yes
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| Compliance Disclosures in Last 5 years: |
I have a clean record
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| Criminal Disclosures in Last 5 years: |
I have a clean record
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Compensation & Fees |
| I am a fee-based financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
$200,000
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| Compensation Methods: |
Based on Assets, Commissions
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| Fee % Based on Assets: |
1.25
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| Additional Details on Charges: |
Depending on the type of investing and the assets managed, our fees range from .75% to 1.50%. Commission based trading is also available and is calculated on the size and type of the transactions involved.
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| Prepared By: |
Justin Farris, CFP® |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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No, however we do provide an investment policy statement that indicates an agreement of client goals and needs. |
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What are your qualifications? What is your education background? |
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Series 7, 66 and Group 1 insurance licensed. Attended Rice University and obtained a BA in Economics. Currently testing for the CFP practitioner designation. |
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What services do you offer? |
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All Services are available, if we do not have access to a particular service we will refer you to someone that can. |
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How many clients do you currently manage? |
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Will you be the only person working with me? |
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Clients choice, however we operate in a team orriented environment where each person has a specialty. |
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How are you compensated? How will I pay for your services? |
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We are typically a fee based advisor, but consideration will be taken on a per client basis |
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If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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We will require permission for trading purposes, unless operating under our discretionary account management portfolio. |
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Do you offer any guaranteed results? |
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How much risk should I be willing to take? |
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Depends on goals, assets, and time horizon. Each client's situation is different and should be analyzed on an individual basis. |
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Have you ever been charged with any breaches? |
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What services do you provide? What are your specialties? |
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Financial Planning, Investment Management and Insurance and Estate Planning |
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What financial institution(s) do you represent? |
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We are an independent branch through Raymond James & Associates |
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How do you charge for your services? |
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Do you provide a free initial consultation? |
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Why should I choose you as my financial advisor? |
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We provide a unique opportunity due to our team oriented financial planning business, where each has their own specialty. Also we have a unique discretionary platform where clients can participate in the most complex investments that are typically not available to your traditional investor. |
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| Q. |
What is your approach to 401 K plan rollovers? |
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Former 401(k) participants should consider rollovers because of the opportunities in investment options and cost savings. It allows the individual control over thier assets. Which all of us typically would prefer. |
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How long does the process of rolling over a 401K plan usually take? |
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