FAQs

Our belief is that this is a choice. Some people have the talent, time, and confidence to manage their own assets. On the other hand, most people struggle to do so. We have found that many people can research and purchase assets, but do not have the ability to sell, change, or challenge themselves to do what is right, especially when there is a loss. We can help you manage your goals and investments in this ever-changing environment. We believe investment management helps you meet your goals, whatever they may be. Let us do the worrying for you.

We ask our clients have a minimum of $1 million in investable assets, but understand when those who fall below our threshold desire to work with someone with our skill set. Knowing this, we take into full consideration each situation and the relationships we can build.

One of the biggest problems we have seen in this industry is how many people do not understand what they are being charged, nor do they receive a clear answer. We believe in being completely transparent. We provide very customized services, leading to fees that can vary from client to client. Once we have met and decided how to move forward, you will be confident not just what the fee is, but how it is calculated. Our services are fee-based or fee-only. This means you pay us for our services. We do not earn commissions and we have no financial incentive to steer you towards one product versus another. This model offers more transparency and aligns with our fiduciary duty to put your best interests first.

Yes. Caron Wealth Management is an independent financial advisor.

The Fiduciary standard is at the core of our business and investment management services. This type of relationship is the highest standard of client care attainable in the financial services industry. As fiduciary advisors, we are legally and ethically bound to eliminate or completely disclose all conflicts of interests. This means our goals are aligned with yours. We do well when you do well.

Financial planners create and help you execute a plan to assist with working toward and reaching your financial goals and aspirations. Financial advisors are a broader category of professionals which include financial planners as well as those who manage investments and assets, such as investment advisors and money managers.

Many people feel this is a cookie cutter answer, but it is far from it. The answer to this question depends on the goals and living standard you have for your future and includes a realistic inflation expectation. Knowing this, it is extremely important to strike the right balance between short-term and long-term goals. Many people significantly under or over-estimate the amount needed for a safe, comfortable, and confident retirement.