The questions most people have, answered straight.
No spin. If something here doesn’t cover it, ask me on the Checkup.
How are you paid?
BFA Wealth Management is paid only by its clients, through the planning and asset management fees described on our pricing page. No commissions on investment products. No insurance sales. Mateo Dellovo also holds a Florida real estate license and owns real estate businesses outside BFA. Those activities, and the conflicts they can create, are described in our Form ADV.
I’ve managed my own money fine. Why do I need you now?
Because the game just changed. Managing a steady paycheck is one thing. A liquidity event, a pile of equity, and a tax bill you’ve never faced is another, and it’s the kind of thing that’s expensive to get wrong, where you usually only get one shot at it.
Why pay for a plan when other firms do one for free?
Because you own it. You pay for the plan, so the plan has no other job than to point where your life points. It is yours whether or not you ever open an account with us.
What if I already have a financial advisor?
Then nothing changes on the Checkup. It’s fifteen minutes to see whether an equity event has outgrown what you have in place. If it hasn’t, I’ll say so. If it has, the Plan is built for exactly that, and it’s yours whether or not you ever move an account.
I don’t have a CPA or an estate attorney yet. Is that a problem?
Not at all, and you’re in good company. Plenty of people come to me still doing their own taxes. I’ll tell you when you actually need a CPA or an attorney, coordinate with the ones you have, or point you to people I trust.
Do you do my taxes?
No. Tax projections are planning estimates based on current law and the information you share. BFA is not a CPA firm or a law firm, and we don’t prepare tax returns. Whoever prepares your return decides how anything is reported on it, and we coordinate with them.
I’m not sure my situation is complicated enough.
That’s exactly what the free 15-minute Checkup is for. We figure out together whether you actually need help right now. If you don’t, I’ll say so.
My deadline is soon. Can you still help?
Yes, if the timing works. Add the date when you book, and I’ll tell you within one business day whether the Plan can be done in time.
I’m not in California, Florida, or Massachusetts. Can we still work together?
Often, yes. BFA Wealth Management is registered in California, Florida and Massachusetts, and we may serve clients in other states under those states’ exemptions. Tell me where you live on the Checkup and you’ll get a straight answer.
What happens after the Plan?
That’s up to you. The Plan is yours to keep and run on your own. If you’d rather not do it alone, I can stay on to manage the investments and keep the plan current as life changes. No pressure either way.
How much money do I need to work with you?
The Plan is $5,000 for anyone. Wealth Management is priced on assets from $500,000 in investable assets. Below that, it is a flat $5,000 a year, which can be more than 2% of assets on smaller accounts, and lower fees for similar services may be available elsewhere. With the Plan, the first twelve months on the retainer come to about $10,000.
Is my information secure?
Documents go through a secure, encrypted client portal, and we don’t sell your information for money. No system is perfectly secure, and our Privacy Policy says so plainly.
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