Do you sell any investment or insurance products?
No. To maintain objectivity on behalf of our clients, we don’t sell any investment products, nor do we sell insurance. We are Registered Investment Advisers, not stockbrokers. We do not accept commissions, 12b-1 fees, or other monetary compensation from product providers. This allows us to seek out extremely low-total-cost investment products for our clients, including institutional-style mutual funds not normally available to individual investors.
How do you get paid?
We charge an annual wealth management fee, paid quarterly. This fee encompasses all of Vaerdi LLC’s financial planning, investment advisory, and tax services.
For written financial plans, we require a $500 deposit. The balance will be billed at the completion of the engagement.
I don’t live in Oregon, can I still work with Vaerdi as my financial advisor?
Yes, you do not have to be a resident in Oregon to work with Vaerdi advisors. We currently have clients who live outside Oregon and most day-to-day business is taken care of via phone and internet. Vaerdi will also arrange for out-of-state personal meetings if needed.
How are you regulated?
Vaerdi, LLC is an Oregon Registered Investment Adviser. All of our new clients receive Form ADV, Part II, which sets forth additional information regarding our firm.
Who controls my investments?
You control your investments. We monitor your accounts and make recommendations when appropriate. Our clients pre-approve trades and transactions in their accounts. We do accept a limited form of “discretion” over our clients’ accounts in order to affect trades. Our clients’ investment accounts are held by Shareholder Service Group with Pershing LLC, a subsidiary of The Bank of New York Mellon, for securities clearing and custody.
Can you advise me on investments not managed by Vaerdi, LLC?
Yes. It is important that we review these accounts as part of your overall investment plan. If you have investments such as a company 401k or 457 plan, we will provide guidance on how to choose among the funds available to you. We consider this part of our role as your financial advisor.