Question 1

Is Rezny Wealth a good fit for you?

Accepted Answer

We mainly serve pre-retirees and retirees, often ages 50 to 90, who want their money managed without Wall Street conflicts, sales pressure, or commissions. If you want a fee-only fiduciary team to actively manage your investments and you’d rather not do it yourself, you may be a good fit.

Question 2

What happens to the custody of my accounts and investments?

Accepted Answer

We do not have legal custody of our clients’ accounts. Rezny Wealth Management uses Schwab Advisor Services™ as your custodian, your gatekeeper. These are your separate accounts held by Schwab Advisor Services™ for safekeeping. We do not have the ability to access or withdraw your cash or investments. We think this is an important attribute of Rezny Wealth Management, given the recent scandals on Wall Street.

Question 3

Am I locked in? Are there termination penalties?

Accepted Answer

There are no barriers to exit a relationship with Rezny Wealth Management. The relationship is terminable on written notice, at any time, without any penalties. There are no forced liquidations, termination fees, back-end loads, redemption fees or other charges associated with the termination of an advisory relationship with our firm.

Question 4

Who are your staff?

Accepted Answer

In addition to Brian C. Rezny, we have a highly qualified support staff to assist in day to day operations, research and portfolio management responsibilities.

Question 5

How often will you make changes to my portfolio?

Accepted Answer

Your account(s) will be traded only when our investment strategy dictates a change. We have no incentive to trade your account(s) other than to follow our investment strategy. We do not get paid any commissions on transactions; therefore we have no incentive to trade more than necessary.

Question 6

How often do you review my investments?

Accepted Answer

We review your investments daily. Our team monitors market trends, industry sectors, and asset classes to ensure your portfolio stays on track. If adjustments are needed, we act immediately to protect and grow your investments.

Question 7

Will I be consulted prior to making trades in my account?

Accepted Answer

You will want us to react quickly to changes in market conditions or other situations we may encounter. Limited power of attorney (discretionary management) is the authority you provide our firm, authorizing the custodian of your assets to accept our instructions regarding purchases and sales within your account. The custodian holding your account will immediately provide trade confirmations to you on every transaction we enter into on your behalf.

Question 8

Can I access my account information online?

Accepted Answer

Yes, you can review your account information through your account custodian’s website. If you need assistance, please contact us.

Question 9

How often will you meet with me?

Accepted Answer

Review meetings and communications occur regularly with each client. We recommend that we meet either quarterly or semi-annually depending on the complexity of your situation and your needs. We can always meet more often if needed. As we always say, “our door is always open and we are just a phone call away.” We encourage open communication with each of our clients.

Question 10

How often will I get account statements?

Accepted Answer

Your account(s) custodian sends you monthly statements and trade confirmations either by mail or email. We also provide a comprehensive customized quarterly report to you by mail.

Frequently Asked Questions