FAQ

Shadowridge Asset Management, LLC was founded in 2012.
Ryan has been a licensed Investment Advisor Representative since 2003.
Laura has been a licensed Investment Advisor Representative since 2007.

Ryan holds a Chartered Financial Consultant (ChFC®) designation. 

Laura holds a CERTIFIED FINANCIAL PLANNER (CFP®) designation.

Many people think all financial planners are “certified,” but this isn’t true. Just about anyone can use the term “financial planner” or “financial advisor.” These are generic terms with no precise industry definition. So how do you know you are working with a qualified professional?  One way is to look for a professional designation.

Less than 30% of practicing financial advisors in the industry can claim the distinction of having earned the CFP® designation. Even fewer can claim a ChFC® designation.

“In practice, certified financial planners (CFP®’s) and chartered financial consultants (ChFC®’s) aren’t all that different. The differences lie more in what’s required to earn each certification. The ChFC® designation requires more coursework, but both CFP®’s and ChFC®’s study similar topics. A CFP® is required to take seven courses, while a ChFC® must take nine courses, two of which are application-based courses. While a CFP® must take a comprehensive board exam after completing all coursework, a ChFC® takes a test at the end of each course. However, both must have certain levels of professional experience and uphold the high ethical standards required by each issuing organization.” –smartasset

This should tell you that our advisors are true professionals dedicated to providing the highest standard of financial services.

In other words, nobody required us to get these certifications.  We chose to do so to further our professional knowledge and deepen our expertise.  And we continue to uphold them because of our passion and commitment to our clients.

Find out more about professional designations, qualifications, and accreditation here: https://www.finra.org/investors/professional-designations

The first place to check out any investment firm is to take a peek at the firm’s ADV. This is a requirement by the US Securities and Exchange Commission (SEC) and State regulators, and gives you plain facts about the firm.

Every investment advisor representative is also required to be registered with their respective state(s) and also has a personal form ADV2B on file. You can look up our info on the SEC website here: https://www.adviserinfo.sec.gov/

Or send us an email and we’ll happily send you a copy.

It’s not because we don’t want them – it’s because we’re not allowed! 

According to SEC regulations: “Rule 206(4)-1(a)(1) states that: [i]t shall constitute a fraudulent, deceptive, or manipulative act, practice, or course of business . . . for any investment adviser registered or required to be registered under [the Advisers Act], directly or indirectly, to publish, circulate, or distribute any advertisement which refers, directly or indirectly, to any testimonial of any kind concerning the investment adviser or concerning any advice, analysis, report or other service rendered by such investment adviser.” 

We don’t like getting on the wrong side of Regulators, which is why you won’t find client testimonials here. Please ask us if you’d like more info.

We provide personalized, confidential investment management to individuals, small businesses, trusts and estates, charitable organizations, pension and profit sharing plans, and 403(b)’s and ORP programs.  

Account types include IRA’s, Roth IRA’s, SIMPLE IRA Plans, Individual and Joint Investment Accounts, Trust Accounts, 403(b) (ORP and TSA) accounts.

We also provide financial planning services with a structured, practical approach that help clients define and achieve their goals.

Investment clients saving for retirement: have an average portfolio value between approximately $100,000 – $300,000. Our minimum to open an account is $10,000.

Investment clients in/enjoying retirement: have an average portfolio value between approximately $500,000 – $700,000.

Financial Planning clients: Our clients span all types of net worth levels. Laura works with individuals who are just starting out, as well as retired couples who have accumulated substantial assets, and families who have inherited assets. There is no minimum requirement for financial planning.

As a Registered Investment Advisor firm, Shadowridge is a fiduciary — required by law and by our belief in the importance of honesty and ethical standards — to act in the best interest of our clients, putting client interests ahead of our own at all times. We are committed to the fiduciary aspect of the profession. Every decision is made with our clients’ interests in mind.  You can read more about fiduciaries at Investopedia.

Not all financial firms are an Registered Investment Advisor (RIA). “RIAs have a fiduciary duty to their clients, which means they have a fundamental obligation to provide suitable investment advice and always act in their clients’ best interests.” – Investopedia.

Another way to operate as a financial firm is as a Broker-Dealer. By definition, broker-dealers do not have a fiduciary obligation to their clients.

We chose to become a RIA firm when we established Shadowridge in 2012 because we felt the RIA model was a more transparent, ethical way of doing business that better served our clients.

Shadowridge is a fee-based investment management firm. We do not sell fixed annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products.  Ryan does currently hold insurance licenses but does not actively sell insurance products. Asset Management clients are charged a fee based on the assets under our management and the average daily balance of those assets. Our Asset Management Fee Schedule outlines these fees. Financial Planning clients are either charged a flat fee based on the Financial Planning Package selected, or a fixed hourly rate based on time spent on a particular Financial Planning project.  Fees are listed in our Financial Planning Fee Schedule.

Shadowridge has a Business Continuity Plan in place to facilitate a seamless transition should something happen to Ryan and/or Laura. Our custodians would continue to hold your funds.  We work closely with a fellow like-minded firm which would step in and manage our clients’ accounts should we become unavailable (short term or long term). Our clients would have the choice of whether they wanted to continue to work with the new manager or move their assets.