Question 1

What is an open architecture advisory firm and why is it beneficial?

Accepted Answer

An open architecture advisory firm allows for customization of the experience based upon what works best for you. Unlike other firms which can be stuck to their proprietary products.

Question 2

Are you available to answer my questions whenever I have them? If so, will I be billed?"

Accepted Answer

We will have scheduled meetings each year but are always available when and if you have additional questions or needs. Clients are not billed separately for these services

Question 3

Do you work with other professionals?

Accepted Answer

Yes. In fact, we ask that you provide the names and contact information of your professionals at the beginning so those relationships can start getting built.

Question 4

Who is your custodian (The firm safe-guarding your assets)?

Accepted Answer

LPL Financial is the custodian and is also the largest independent broker-dealer in the United States.* Visit www.lpl.com (http://www.lpl.com/)for additional information
 
* As reported by Financial Planning magazine, June 1996-2021, based on total revenue

Question 5

How often will we communicate and what method will we use (in-person, video, etc)?"

Accepted Answer

For frequency of communication, a service model calendar is provided to clients each year so they know what to expect. We embrace remote technology and also respect those who prefer in-person communication. Whether in person or remote, the communication experience will be tailored to your specific needs.

Question 6

What fees do you charge?

Accepted Answer

The fee is based on a number of factors including but not limited to: Complexity of the financial situation, asset level, degree of diligence and management required to exceed a high standard of service, type of investment vehicle(s) best suited to help you reach your stated goals and objectives. A complimentary initial consultation to learn about your situation will allow for a fee-quote that is personalized to your unique situation and needs.

Question 7

What is your investment philosophy?

Accepted Answer

Investment philosophy is rooted in three key principles: Discipline, Tax Efficiency, Diversification within and across all asset classes.

Question 8

What are your credentials and what type of education have you received regarding investing and financial planning?

Accepted Answer

Ryne attended the University of Montana College of Business receiving degrees in Marketing, Finance (minor) and Psychology (minor).  Ryne has successfully passed the series 7 and 66 securities exams and is a CERTIFIED FINANCIAL PLANNER professional. He currently holds the CFP®, CRPC® and CPFA® designations through the College of Financial Planning (https://www.cffp.edu/)and the National Association of Plan Advisors,(https://napacpfa.org/) respectively. Additionally, Ryne brings nearly two decades of personal investment experience across all asset classes.

Question 9

Do you abide by the fiduciary standard?

Accepted Answer

Yes. Switchbacks Capital Advisory is committed to the fiduciary standard of always putting the financial well-being of clients first. Additionally, the CFP® credential requires that services and advice are provided on a fiduciary basis, that is, putting the client's interests first. Always.

Frequently Asked Questions