| Advisor Profile |
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| Name: |
Rob Hoynes |
| Phone Number: |
(203) 364-5730 |
| Website: |
Visit Website
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Business Description |
| Diversified Financial Solutions, PC was founded with the goal of assisting our clients in every aspect of their financial lives. We’ve provided some of the most personal service available, thus earning a reputation for excellence in our industry. For each of our clients we strive to help create financial stability and security to provide financial independence. |
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General Information |
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| Name of Broker/Dealer: |
SagePoint Financial
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| Name of Custodial Firm: |
Pershing LLC
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| States Licensed in: |
CT, MA, RI, VT, NH, NY, NJ, VA, FL, CA, MI, IL
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| States Willing to do Business in: |
All States
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| Years of Experience in Financial Services: |
8
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| Number of Years with Current Firm: |
3
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| Work Experience: |
Diversified Financial Solutions
Sagemark Consulting
Nestle Waters
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| I work with the following types of clients: |
Businesses, Individual Investors
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Education |
| Academic Background |
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Untied States Military Academy-West Point- 1985
Boston University-MSBA- 1992 |
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Services |
| Investment Types: |
Alternative Investments, Exchange Traded Funds (ETFs), Mortgages & Real Estate, Bonds, Mutual Funds, Insurance, Annuities, Stocks, Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CT Long Term Care Partnership
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| Securities Licenses: |
Series 66, Series 7
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| Insurance and Annuity Licenses: |
Disability, Variable Life, Long Term Care, Variable Annuity, Health, Life, Annuity
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| Financial Organization Memberships: |
Financial Planning Association (FPA)
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| Non-Financial Organization Memberships: |
Cheshire Chamber of Commerce
Cheshire Lacrosse Club
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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: |
325
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| Firm's Number of Planning Clients: |
65
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| Firm's Number of Managed Clients: |
275
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| Assets Managed by Firm: |
$75m
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| Advisor's Number of Clients: |
85
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| Advisor's Number of Managed Clients: |
85
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| Advisor's Number of Planning Clients: |
45
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| Assets Managed by Advisor: |
$35m
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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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| I am an acknowledged fiduciary: |
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-only financial professional: |
Yes
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| I am a fee-based financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
$50,000
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| Compensation Methods: |
Based on Assets
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| Fee % Based on Assets: |
1%
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| Prepared By: |
Rob Hoynes |
Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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What are your qualifications? What is your education background? |
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West Point-BS 1985
Boston University-MSBA- 1992 |
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What is your approach to financial planning? |
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I try to understand my clients objectives and goals & develop a strategy baed on this. I utilize a compehensive web-based software that allows my clients to see real time data versus a static report. |
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What services do you offer? |
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Individuals: Financial Planning to include asset management, retirement planning, insurance needs analysis, education planning, long term health care planning & tax preparation.
Business owners: Buy/Sell agreements, 401k plans, insurance needs analysis, business succession. |
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| Q. |
How many clients do you currently manage? |
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Will you be the only person working with me? |
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I am the main contact, however, our firm as several CPAs for tax preparation and business consultation. |
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How are you compensated? How will I pay for your services? |
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Typically paid as a percent of assets via the portfolio (1%). |
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| Q. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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Do you offer any guaranteed results? |
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No. I can not control the stock market or economy. I can help clients set up a realistic plan, however, that is consistent with their objectives and values. |
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How much risk should I be willing to take? |
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Risk varies for each individual |
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Have you ever been charged with any breaches? |
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What carrier(s) do you represent? |
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I am indepent, therefore, I represent my clients in the market place to obtain the most suitable products available from the best providers in the industry. |
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Are there any pre-existing conditions that you can not cover? |
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I do my best to find a carrier that specializes in a clients pre-existing condition. |
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| Q. |
How long does it take to complete the application and approval process? |
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Typically this is a 60 day process for medical exam, collecting doctor records and underwriting process. |
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Is there a maximum age that you can insure? |
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Generally insurance carriers will not provide coverage for someone over the age of 85. |
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What is your experience? How many clients do you currently manage? |
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I have 5 years of leading soldiers on active duty as an officer in the United States Army integrated with 11 years leading people in corporate America that has provided a foundation to service my clients in financial services for the last 8 years. |
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What financial institution(s) do you represent? |
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I am indepent, therefore, I represent my clients in the market place to obtain the most suitable products available from the best providers in the industry. |
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How do you charge for your services? |
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I get paid as a percent of assets and in some cases a flat planning fee. |
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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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Because I have integrity, a great work ethic , industry knowledge and will work extremely hard to help you achieve your objectives. |
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What are your management fees? |
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I get paid a percent of assets. |
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What kind of plans do you specialize in? |
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Analysis of current situation to determine the best type of 401k for the business owner and their employees. |
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Do you have a minimum requirement for number of employees or total investment value? |
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What type of plans do you offer? |
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401k Plans, Safe Harbor Plans, Solo 401k |
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Do you offer any additional services? |
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Advisory services on 401k Plans. |
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What are your qualifications? |
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I have the education and creditials mentioned above and will what is in your best interest. |
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What is your approach to Education Planning? |
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Parents should save as much as they can for college education without jeoparadizing savings for retirement. |
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How long does the process of setting up an Education Plan usually take? |
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What financial institutions do you represent? |
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I can work with just about any institution. |
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How many years of experience do you have? |
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What are your fees for this service? |
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I get paid as a percent of assets. |
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How many Education Planning clients do you currently manage? |
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Why should I work with you on setting up an Education Plan? |
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I am independent and objective. |
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Do you provide a free initial consultation? |
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What are your qualifications? |
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I have the education and creditials mentioned above and will what is in your best interest. |
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What is your approach to 401 K plan rollovers? |
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My investment platform is a no-load approach where I utilize the best mutual funds , Exchange traded funds and i-shares to provide my clients with goods performance at a reasonable cost. |
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How long does the process of rolling over a 401K plan usually take? |
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What financial institutions do you represent? |
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I am indepent, therefore, I represent my clients in the market place to obtain the most suitable products available from the best providers in the industry. |
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| Q. |
How many years of experience do you have? |
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What are your fees for this service? |
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I get paid as a percent of assets (1%) |
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How many 401K rollover clients do you currently manage? |
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Why should I roll over my 401K plan to your firm? |
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I have 5 years of leading soldiers on active duty as an officer in the United States Army integrated with 11 years leading people in corporate America that has provided a foundation to service my clients in financial services for the last 8 years. |
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Do you provide a free initial consultation? |
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