Name: FamilyVest
Address: 4300 Legendary Drive, Suite 226, Destin, FL, 32541, US
Telephone: +18446283185
Price range: Fee-only

Question 1

What is a fee-only fiduciary financial advisor?

Accepted Answer

A fee-only fiduciary financial advisor is compensated solely by client fees—not commissions, kickbacks, or product sales. As a fiduciary, they are legally required to act in your best interest at all times. FamilyVest is a fee-only fiduciary RIA in Destin, FL, meaning you pay only for advice, never for product sales.

Question 2

How do I choose a financial advisor in Destin, FL?

Accepted Answer

When choosing a financial advisor in Destin, FL, look for: (1) Fee-only compensation—no commissions; (2) Fiduciary status—legally obligated to act in your interest; (3) Credentials such as CFP®, CFA, or CEPA; (4) NAPFA membership; (5) Local knowledge of the Destin and 30A area. FamilyVest meets all five criteria.

Question 3

What is the difference between a fiduciary and a financial broker?

Accepted Answer

A fiduciary advisor is legally required to act in your best interest, while a broker operates under a 'suitability' standard—only required to recommend products that are suitable, not necessarily best for you. Fiduciaries like FamilyVest charge transparent fees and avoid conflicts of interest that arise from commissions.

Question 4

Does FamilyVest serve clients along 30A and Santa Rosa Beach?

Accepted Answer

Yes. FamilyVest – Farther serves clients throughout the 30A corridor including Santa Rosa Beach, Seaside, Rosemary Beach, WaterColor, and Watercolor communities, as well as Miramar Beach, Destin, Fort Walton Beach, Niceville, and across Northwest Florida.

Question 5

What does a Certified Exit Planning Advisor (CEPA) do?

Accepted Answer

A Certified Exit Planning Advisor (CEPA) helps business owners plan and execute the eventual sale or transfer of their business to maximize value and minimize taxes. Todd Sensing, CEPA, at FamilyVest works with business owners in Destin and Northwest Florida to develop exit strategies, business valuations, and post-exit wealth plans.

Question 6

What is special needs financial planning?

Accepted Answer

Special needs financial planning addresses the unique financial challenges faced by families caring for a child or adult with disabilities. FamilyVest's ChSNC®-credentialed advisor, Todd Sensing, helps families with ABLE accounts, special needs trusts, government benefit preservation, and long-term care planning.

Question 7

Does FamilyVest have a minimum investment requirement?

Accepted Answer

FamilyVest does not impose a strict asset minimum. Qualification is income and earnings based, making our fiduciary wealth management services accessible to high-income professionals and business owners who are building wealth, not just those who have already accumulated it.

Question 8

Which custodians does FamilyVest use?

Accepted Answer

FamilyVest uses leading institutional custodians including Fidelity Investments, Charles Schwab, and Pershing to hold client assets. Your assets are held separately in your own accounts—FamilyVest never takes custody of client funds.

Insurance

Why Florida Residents Need a Hurricane Plan for 2018