SmartVestor Pro

National Wealth Management Group is proud to be the host of a team of advisors embracing the investment and financial planning philosophy of Dave Ramsey.  Using the seven baby steps as the foundation for sound money management, our advisors will work with you to complete the framework of your financial plan and monitor your portfolio to maintain compliance with Dave’s investment allocation suggestions.   We are committed to educate and guide people from all walks in life whether you’ve just started on your journey or if you’re looking for a team of trusted professionals to manage millions.

Investment Philosophy

Our advisors firmly believe in aggressively reducing debt and investing in equity focused mutual funds for long-term success.  Of course, developing a viable financial plan means more than just simply committing to paying down debt and investing in a diversified stock fund.  You need to know which debts to pay first, when to invest, how much to invest and in what.  This involves working with a trusted advisor to draw your financial roadmap.  By working with a NWMG advisor, you can have the confidence that your financial plan adheres to a trusted money management strategy and you will also have a choice in how your money manager is compensated.

Fee Based & Commission Based Compensation Defined

As a hybrid Registered Investment Advisor (RIA), NWMG advisors can engage clients in a fee-based or commission-based relationship.  In a fee-based, or advisory, relationship investors pay their advisors based on a percentage of their average account balance.  Typically, investors do not pay any commissions, are not subject to “back-end” sales charges and are offered the opportunity to invest in different types of securities while engaged in a fee-based relationship.  Lastly, advisors who work for their clients under this compensation model are beholden to a fiduciary level standard of care.  Advisory fees are negotiated with the Advisor and are deducted directly from the investment account in a transparent manner. 

By contrast, advisors who work with clients under a commission schedule typically earn their compensation on a per-transaction basis.  Commissions and transaction fees vary depending on the kind of investment purchased or sold.  The two most common forms of commission based investment products are A-share and C-share mutual funds managed by investment companies that specialize in advisor sold mutual funds.   Investors purchasing an A-share mutual fund can pay up to a 5.75% up front sales charge plus annual management fees and a reduced 12b1 fee.  Investors purchasing C-share class mutual funds typically do not pay an up-front commission but will be subject to a 1% sales charge if the mutual fund is sold within a specified period of time defined by the prospectus, and will pay a higher 12b1 fee on an ongoing basis.   Commissions and 12b1 fees do not show up on client statements as a deduction from the investment account but will be outlined in the prospectus of the investment itself.  Investors engaging with an advisor under a commission relationship can expect a “Suitability” standard of care. 

Your National Wealth Management Group advisor will work with you directly to determine which compensation model is right for you. 

What Does it Mean to Be a SmartVestor Pro?

I agree to the SmartVestor Code of Conduct.

I believe everyone deserves access to solid, professional investing guidance.

I provide a refreshing twist on financial planning.

I have the heart of a teacher, not the attitude of a salesman. I’m someone you can feel

comfortable talking to and someone you can trust. We’ll work together to create a plan to

help you pursue your goals.

I care about your future.

I’m more than a “financial planner”—I’m someone you can relate to and share your

dreams with. I fit your investments to your life, help you understand what you’re investing

in and why, and encourage you to stick with your long-term goals.

Your NWMG Team