Fee-Only Fiduciary Financial Advisors in Southwest Florida
Manage your finances now
for financial independence in the future.
Are you currently facing one or more of the following situations?
Buying, selling, or passing on the family business
Handling the inheritance of a large sum of money
Preparing for retirement
Coping financially with the death of a spouse or a close family member
What You Can Expect...
Our personal financial advisory services in Southwest Florida focus on creating an ongoing process that helps reduce your stress over money, funds your needs, and builds a nest egg for retirement.
We see financial planning as a process, not a product. Our services are long-term methods of wisely managing your finances so that you can plan your future. At the same time, we negotiate financial barriers that inevitably arise in every life stage.
Whether you’re planning to buy a new home or preparing for retirement, our financial advisors in Southwest Florida compare your goals with your data to create a roadmap towards financial security.
At our Southwest Florida firm, our fiduciary financial planners identify your goals and collect financial data. We determine your net worth, the value of your investments and your cash flow to recommend the ideal plan.
Financial Planning FAQs
Who are your clients?Our private client group consists predominantly of individuals ranging in age from 50 to 90 years old. Our clients are pre-retirees and retirees. Our clients tend to have similar concerns. They want their money managed without the conflicts of Wall Street, sales and commissions. They don’t have the time or interest to manage their own investments effectively. They may not have the knowledge to manage their own assets but they want someone to do it for them. Many of our clients have recently or will soon experience a major life change, such as retirement, a new marriage, or the passing of a partner or spouse. They are concerned about the impact of these life changes on their long-term financial and retirement plans.
What is the minimum investment?We work with qualified investors with a minimum of liquid investable assets of $500,000 to start. We can at our discretion make an exception to our new client minimum account size for small accounts; check with our staff. * Beginning December 31, 2023, we will be raising our new client minimum to $1,000,000 to start. The increase will not affect current clients.
What are your fees?We charge a management fee based upon a percentage of the total value of the assets we manage. The fee is an annual percentage fee. We do not receive commissions on transactions and we accept no other forms of compensation from investment product providers or financial institutions. Rezny Wealth Management is fee-only.
What happens to the custody of my accounts and investments?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.
Am I locked in? Are there termination penalties?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.
Who are your staff?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.
What type of investments do you utilize?Rezny Wealth Management utilizes low cost Highly Researched ETFs (Exchange Traded Funds), institutional no load mutual funds, stocks and bonds, encompassing the major world asset classes including U.S. equities, emerging market equities, U.S. bonds/fixed income, International bonds/fixed income, preferred equities, real estate, commodities, currencies, energy and precious metals, cash. As an independent registered investment advisor, we have access to the entire universe of investment alternatives.
How often will you make changes to my portfolio?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.
How frequently do you review my investments and account?Daily. All of our investments and portfolio models are monitored daily. We continuously review changes in market, industry sector and asset class conditions. If we find it appropriate to make a tactical change to your asset allocation model, that change will be reflected in your portfolio that day. If any security strays from the desired result, it is sold or other risk management strategies are implemented.
Will I be consulted prior to making trades in my account?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.
Can I review my account online?Yes, through your account(s) custodian’s website.
How often will you meet with me?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.
How often will I get account statements?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.