Question 1

What does a financial advisor do?

Accepted Answer

A financial advisor helps you organize your financial life, set meaningful goals, and build a plan to reach them. That can include investment management, retirement planning, tax strategies, estate planning, insurance reviews, and ongoing accountability. The value is not just the plan itself but having someone in your corner who sees the full picture and helps you make informed decisions as life changes.

Question 2

What is a fiduciary financial advisor?

Accepted Answer

A fiduciary financial advisor is legally required to act in your best interest at all times. That means every recommendation, every strategy, every decision has to put you first. Not every advisor is held to this standard. At Jaeger Wealth Advisors, fiduciary duty is not optional or part time. It is the foundation of everything we do.

Question 3

What is a fee only financial advisor?

Accepted Answer

A fee only advisor is compensated directly by clients and does not earn commissions, referral fees, or any third party compensation. That means we have no financial incentive to recommend one product over another. You pay us for advice, and that is the only way we get paid. It is the cleanest compensation structure in the industry.

Question 4

What is the difference between fee only and fee based?

Accepted Answer

Fee only means the advisor is paid exclusively by the client through advisory fees. Fee based means the advisor charges advisory fees but can also earn commissions or other compensation from selling financial products. The distinction matters because fee based creates conflicts of interest that fee only eliminates entirely.

Question 5

How do I know if I need a financial advisor?

Accepted Answer

If you have ever felt uncertain about whether you are on the right track financially, an advisor can help. Common triggers include a career change, marriage, starting a family, receiving an inheritance, approaching retirement, or simply feeling like your finances have outgrown what you can manage on your own. You do not need to have a specific problem to benefit from professional guidance.

Question 6

What should I look for when choosing a financial advisor?

Accepted Answer

Start with fiduciary status and fee structure. A fee only fiduciary advisor has the fewest conflicts of interest. Beyond that, look for someone who listens before prescribing, explains things clearly, and builds a plan around your life rather than pushing products. Check their Form ADV on the SEC website, ask about their experience, and trust your instinct about whether they genuinely care about your outcome.

Question 7

How does Jaeger Wealth Advisors charge for services?

Accepted Answer

We offer three service tracks. Wealth management combines investment management with financial planning under a tiered AUM fee. Standalone financial planning is available through ongoing subscription tiers. We also offer project based engagements at a flat fee or hourly rate for specific needs. Full fee details are available in our Form ADV Part 2A.

Question 8

What is an AUM fee?

Accepted Answer

AUM stands for assets under management. An AUM fee is a percentage charged on the investment assets we manage for you. Our tiered fee schedule ranges from 1.25% down to 0.55% depending on the size of the portfolio. At Jaeger Wealth Advisors, this fee includes financial planning bundled in. Not every firm does that, so it is an important distinction to look for when vetting advisors.

Question 9

Do you earn commissions on products you recommend?

Accepted Answer

No. Jaeger Wealth Advisors is a fee only firm. We do not earn commissions, kickbacks, referral fees, or any form of third party compensation. The only money we receive comes directly from our clients in the form of advisory fees. Period.

Question 10

What does a subscription financial planning engagement cost?

Accepted Answer

Our subscription financial planning is available across multiple tiers depending on the complexity of your situation and the scope of services needed. Contact us for current pricing. Every engagement starts with an initial consultation so we can understand your needs and recommend the right fit.

Question 11

Are there any hidden fees?

Accepted Answer

No. Transparency is a core value at this firm. Every cost, conflict, and decision is disclosed upfront. Our advisory fees are clearly outlined in our client agreements and Form ADV. You may incur separate costs from your custodian (such as transaction fees) or from fund expenses, but those are fully disclosed and not paid to us.

Question 12

What is a project based financial planning engagement?

Accepted Answer

A project based engagement is a one time or limited scope engagement designed around a specific need. Examples include a retirement readiness analysis, a tax optimization review, a portfolio second opinion, preparing for a business sale, or a comprehensive financial plan delivered as a standalone project. Pricing is a flat fee based on scope.

Question 13

What is financial planning?

Accepted Answer

Financial planning is the process of evaluating your complete financial picture and building a strategy to achieve your goals. It covers retirement projections, tax planning, estate planning, insurance needs, cash flow analysis, education funding, and more. A good plan is not static. It evolves as your life does and becomes the foundation every other financial decision is built on.

Question 14

What is investment management?

Accepted Answer

Investment management is the ongoing construction, monitoring, and adjustment of your investment portfolio. This includes asset allocation, security selection, rebalancing, tax loss harvesting, and ensuring your portfolio stays aligned with your risk tolerance and financial plan. At Jaeger Wealth Advisors, investment management is never separate from your plan. One informs the other.

Question 15

Do I need both financial planning and investment management?

Accepted Answer

Not necessarily. Some people need planning guidance without wanting someone to manage their portfolio. Others want professional portfolio management without a full plan. We offer both as standalone services and as a combined wealth management engagement. The right answer depends on your situation, and we will help you figure that out.

Question 16

What does a financial plan include?

Accepted Answer

A comprehensive financial plan typically includes a net worth analysis, cash flow review, retirement projections, tax planning strategies, estate planning review, insurance analysis, and goal based planning. Every plan at Jaeger Wealth Advisors is built around your specific life, values, and goals. There is no template approach.

Question 17

How often is my financial plan updated?

Accepted Answer

Your plan is a living document. We review and update it regularly, typically in conjunction with scheduled review meetings and whenever a significant life event occurs. Markets change, tax laws change, and your life changes. Your plan should evolve right alongside it.

Question 18

What is tax planning and why does it matter?

Accepted Answer

Tax planning is the process of analyzing your financial situation to minimize your tax burden legally and strategically. This includes evaluating income timing, deduction strategies, retirement account contributions, charitable giving, capital gains management, and more. Done well, tax planning can meaningfully increase the amount of wealth you actually keep.

Question 19

What is estate planning?

Accepted Answer

Estate planning is the process of organizing how your assets will be managed and distributed during your life and after your passing. This includes wills, trusts, powers of attorney, beneficiary designations, and healthcare directives. We coordinate with your estate attorney to make sure your financial plan and estate plan are aligned.

Question 20

How do you build an investment portfolio?

Accepted Answer

We start with your financial plan, risk tolerance, time horizon, and goals. From there we build a diversified portfolio designed to capture market returns while managing downside risk. We use a disciplined, evidence informed approach and avoid chasing trends or timing the market. Your portfolio is built to serve your plan, not the other way around.

Question 21

What does risk tolerance mean?

Accepted Answer

Risk tolerance is your ability and willingness to accept fluctuations in the value of your investments. It is influenced by your financial situation, time horizon, income stability, and personal comfort level. We use a risk assessment tool alongside real conversation to understand where you actually stand, not just where a questionnaire says you do, and build a portfolio that reflects it.

Question 22

How do I get started with Jaeger Wealth Advisors?

Accepted Answer

Start by scheduling an initial consultation through our website. This is a free, no obligation conversation where we learn about your situation and you learn about how we work. If we are a good fit for each other, we will walk you through next steps and build an engagement that makes sense for your needs.

Question 23

What happens during the first meeting?

Accepted Answer

The first meeting is about getting to know each other. We will ask about your goals, concerns, and financial picture at a high level. You should ask us anything you want. There is no sales pitch and no pressure. The goal is to determine if working together makes sense and to start building a foundation of trust.

Question 24

Do you work with clients outside of Utah?

Accepted Answer

Yes. While Jaeger Wealth Advisors is based in Utah, we serve clients virtually throughout the country. Our registration and any applicable notice filing requirements allow us to work with clients in most states. If you are outside of Utah, we can confirm during your initial consultation that we are able to serve you in your state.

Question 25

What is the minimum to work with you?

Accepted Answer

We do not have a strict asset minimum. Our goal is to serve people who are serious about building a financial plan and committed to the process. Whether you are just starting to accumulate wealth or managing a complex portfolio, we have a service track designed for your stage of life.

Question 26

Can I just get a one time financial plan?

Accepted Answer

Yes. Our project based engagement is designed for exactly that. You get a comprehensive financial plan covering the areas most relevant to you, delivered as a standalone project. Many clients start with a project based plan and later transition into an ongoing relationship as their needs evolve.

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