Is there a minimum amount required to invest?
We believe every investor has a home. Whether it's with a robo-advisor platform or a financial advisor, we want investors to have the opportunity to put their money to work for them. Cadillac Wealth Advisors works with investors of a minimum of $500,000 of investable assets for our holistic wealth advisory program. We also offer a lower-cost program for young investors with little current complexity to their lives while still having access to a financial advisor. As things change, these investors can graduate to a direct advisory relationship with Cadillac Wealth Advisors.
Our current offer platforms available to our incoming clients:
1) One platform is designed for young accumulators with little complexity. These clients have access to our Guided Wealth Program which offers effective low-cost investment management with access to a financial advisor within our firm. The account minimum is $5,000. Please ask a member of Cadillac Wealth Advisors for more information.
2)Cadillac Wealth Advisors advisors is a wealth management program that offers holistic wealth management beyond investments. The account minimum for this relationship is $500,000 which is due to increase in 2022 to $1,000,000.
How often are returns distributed?
Returns are calculated quarterly and reviewed during 1st and 3rd quarter scheduled reviews. Clients also have access to view their accounts online via online access and mobile app.
Do I invest a lump sum amount, or can I add specific amounts each month?
Both are acceptable ways to invest within our organization, but most available assets are initially invested upfront with future contributions scheduled as requested by the client. Minimum monthly contributions are required, please speak with one of our advisors for more details. Please keep in mind the Guided Wealth platform requires a minimum of $5,000 to invest and $500,000 for our holistic wealth relationship.
What are mutual funds?
A mutual fund follows the risk aversive method of asset allocation – it is a diverse portfolio of securities that is managed by a financial professional or investment company. They will then pool your funds with other investors and make investment decisions on your behalf. This is a great strategy for those unfamiliar with the market and those who do not have time to continually invest in different individual stocks.
What is a living trust?
A living trust, or “inter-vivos” trust, is an estate planning mechanism that enables you to have your property transferred to, and managed by a trust during your lifetime. And, because it is revocable, you can change it at any time depending you’re your circumstance. After your death, the trust becomes irrevocable and all of its provisions must be carried out by a trustee who is designated by you.
Is a fixed annuity right for you?
If your assessment produced more than one affirmative answer then you may be a candidate for a fixed annuity and it would be worth exploring the different types that are available. Fixed annuities are complex instruments and they include many features that need to be fully understood. And, because they are a long term investment, it is important to go into a fixed annuity investment with eyes wide open. If it is determined that a fixed annuity is right for you, they be one of the best investment you can make.