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Frequently Asked Questions

  1. Are you a fee-only fiduciary?

    • Yes. According to the CFP® Board, “the fiduciary standard of care requires that a financial advisor act solely in the client’s best interest when offering personalized financial advice.” Each advisor with IMPACTfolio®, LLC is a CERTIFIED FINANCIAL PLANNER™ and required to follow the defined fiduciary standard of care.

  2. Are you located in Denver?

  3. What types of clients do you work with?

    • Our clients tend to be hard-working individuals who understand the importance of impact investing and have more than $750,000 of investable assets. We have designed our firm to cater to this niche and created a fee structure that reflects our value.  In order to deliver our high-service model, we will cap our client relationships for the entire firm. We believe this is the only way to provide quality over quantity.

  4. What key factors are considered in portfolio management? 

  5. Where is my money held?

    • Our client’s funds are held at Charles Schwab, our designated custodian. Their role is to hold assets, execute trades initiated by IMPACTfolio®, provide monthly statements, and tax reporting. You would have 24/7 access to your accounts online.

  6. Do you sell insurance or any other products?

    • No, we do not. As a fee-only firm, we do not collect any commissions. We are only paid by our clients. We have purposefully chosen not to hold or maintain insurance licenses. However, we guide our clients on any gaps in relation to insurance planning during our financial planning process. If a policy needs to be placed, we can direct our clients to an outside insurance professional.
    • Note: We do not accept any referral fees or “kick-backs” from any referral partners. Our goal is simply to create a connection with a professional who will provide a helpful and easy-to-understand process.

  7. What do your services cost?

    • The cost for our services is one easy-to-understand, flat, annual retainer fee. No hidden fees. The retainer fee includes our holistic financial planning and investment management services. Read more about it on our Pricing page.

  8. What is the difference between a flat fee versus an asset under management fee?

    • A flat fee is one transparent fee that is the same each year and does not change based on the value of your portfolio. An asset under management fee (AUM) is a percentage (often 1%) that is based on the value of your portfolio. Let's take a $2M portfolio as an example. Our flat fee is $7,500/year vs a 1% AUM fee is $20,000/year. In this case, if an advisor and associated staff spends 20 hours per year helping you as a client, then our hourly rate would be $375/hour vs the 1% AUM fee hourly rate would be $1,000/hour. Should you pay your financial advisor more than you would pay your neurosurgeon? Read more about it on our Pricing page and "Why Are You Still Paying a 1% AUM Fee?" blog post.

  9. How often will we review my financial situation?

    • Once the initial process is completed and our clients have a solid financial foundation, they choose how often they would like for us to reach out to schedule a review meeting. At a minimum, we would like to schedule a review once a year. Most clients choose to schedule a review semi-annually.

  10. Is financial planning included with the investment management services?

    • Yes it is!

  11. Do you have an accountant or attorney in your firm?

    • We do not have an in-house accountant or attorney. We have great relationships with several in the Denver area and would be happy to provide a referral for a professional who is the best fit for your needs.
    • Note: We do not accept any referral fees or “kick-backs” from any referral partners. Our goal is simply to create a connection with a professional who will provide a helpful and easy-to-understand process.

  12. Why did the three partners decide to launch IMPACTfolio®?

    • Scott, Rebecca, and Julie decided to create a new kind of financial services firm: one that put people over profits. Read all about it in this blog post!