I’m making changes at Tree Fort Financial to better align my vision for the future with my practice. Read on for details.
I am writing today to let you know about some updates and changes that I am making at Tree Fort Financial.
The most meaningful part of my work is having conversations with you about your life, goals and future. I truly enjoy it. My business is evolving to strengthen its focus on financial planning. I am also making changes to the investment management part of the business. As part of these changes, existing clients will need to review several documents (here, here and here) and sign a new Tree Fort Financial Client Agreement (personalized link sent separately from Tree Fort Financial at email address firstname.lastname@example.org via a service I used to create your personalized Client Agreement).
I will still act as your fiduciary in putting your needs first. Your investments will remain at Interactive Brokers and be managed based on your stated risk tolerance. However, I am no longer seeking to beat a benchmark and will not be reporting on performance vs a benchmark. I expect to trade less frequently. I will be requiring discretion on investment management accounts, which means that your permission will no longer be required to make investment changes. I will be using a sub-advisor, Advyzon Investment Management, to make investment choices based on your risk tolerance and they will be able to buy and sell securities as needed for your accounts at Interactive Brokers. Reports and invoices will look different and be provided through an online portal which you can access at any time. Fee levels remain the same for you, but the timing of when fees are charged will change to quarterly in arrears for all clients. You will receive one final report and invoice from our old system for the period through 6/30/23. Beginning 9/30/23 and on a quarterly basis, you will receive new reports and invoices.
Please read the enclosed Tree Fort Financial Form ADV for specific details regarding the change. Item 2 contains a summary of modified items.
In the upcoming months, I will also be offering additional financial planning services as needed. Many of you have utilized my financial planning services for topics such as retirement planning, evaluating a home purchase or sale, assessing new job benefits, and budgeting advice. Please reach out if you have a topic you’d like to discuss with me.
If you would like to discuss these business changes or any financial topic, please use this link (existing clients only, please) to schedule an appointment, or call me anytime.
I value our relationship, and I look forward to strengthening it through meaningful conversations and engagement. Thank you for your trust.