Are you a fiduciary?
As a registered investment advisor (RIA), my firm is legally required to put client interests before my own or my firm’s interests. When you’re considering potential advisors, “fiduciary” should be the bare minimum. You should also understand how the advisor is paid and consider their credentials and the ethical standards they are required to abide by.
I don’t live in the Dallas area, can you still work with me?
7SF leverages technology (virtual meetings, screen sharing, secure file transfer) to serve clients nationwide! If you are comfortable with technology, geographic distance is not a problem.
Do you work with people who aren’t in Aerospace or Tech?
Absolutely! Although 7SF primarily serves:
- Aerospace/Tech professionals
- Early retirees/traditional retirees
- and entrepreneurs
We also serve families outside of those groups who are a good fit and are pleasant human beings!
Where will my investments be held?
If you choose to have 7 Saturdays Financial manage your assets, they will be held at Charles Schwab or Altruist. They are required to adhere to strict regulatory standards and both are great choices for custodians. I will recommend the best choice for you during the onboarding process.
Why don’t you charge 1% of assets under management (AUM) like everyone else?
I believe the flat-fee model is better at aligning the cost with the services provided as well as removing the conflicts of interest embedded in legacy pricing models.
Flat-fee can be a more economical option over the long term because the price does not grow along with the portfolio size. However, it is reasonable to expect the price of our services to increase over time as inflation and the cost of doing business grow.
What does “7 Saturdays” mean?
“7 Saturdays” is my favorite analogy for financial independence, the summit of the financial planning mountain. It’s also known as “work optional”, or the ability to maintain your desired lifestyle without the need for earned income. Every day becomes a Saturday because you can choose how you spend your time based on what you value, rather than on what you need to do to make money. Many clients of 7 Saturdays Financial plan to make work optional in their 40’s and 50’s.