FAQs

The term fee-only means we only collect fees from our clients.  We believe this aligns our interest with yours.

We do not earn commissions from selling products like you might find at other firms. We put ourselves in the position to be your consultant so we can make recommendations based on your best interest.  This way, we both win!

Fee-only can be easily confused with fee-based. Remember, Open Road Wealth Management is fee-only, meaning we are paid a transparent fee by our clients.

Fee-based means the advisor can earn fees from clients for giving advice while also earning commissions by selling products from mutual funds and insurance companies. This sounds like a major conflict of interest to us!

Yes – 100% of the time. We always act in your best interest.

The fees depend on the type of service you’d like. As a boutique agency, we customize our plans to fit your needs.

Generally, our clients pay 1% of the assets we manage.

We also suggest a Retirement RoadMAP (Made-to-order Action Plans), which cost between $3-10,000. It depends on the complexity as we can be as detailed as you need in your roadmap.

You can read more about our fees in our ADV.

We value, nurture and thrive on long-term relationships.  That stated, there is no obligation for you to stay a client longer than you want.  We will fully explain the agreement(s) you sign.  Cancel our engagement at any time without penalty.

We find we do our best work with those who have $500,000 or more of investable assets.

We work best with people who are 50+ or a Federal Employee. If that’s not you, we’d still like to hear from you. Schedule a call or find out if you're retirement-ready with our self-evaluation. 

We design customized portfolios for each client based on their goals and risk tolerance.  Our three cornerstones are low expense, diversification and tax efficiency.  We also make sure the right assets are in the right types of accounts – this provides Massive Value!

Join us and enjoy these Massive Benefits:

• Get your Financial House in Order.  Many times this is the first step.  You have to be organized to know your starting point.  We start with gathering your information and figuring out your goals.
• Move on from Procrastination. It’s time to Get Time on Your Side.  We will bug you, nudge you, lean on you or sometimes beg you to get your tasks done!  Don’t worry, we will figure out the approach that works best on you!
• Enjoy an honest and objective evaluation.  We are educated, experienced, ethical and insightful professionals.  We see many things that clients don’t.  Afterall, you don’t know what you don’t know.  We always tell it like it is – even if you don’t want to hear it.
• Look around the Corner.  We look years ahead and anticipate how today’s strategies will impact your opportunity for a successful retirement.
• Get Educated. We believe that educated clients make the best decisions.  After we learn your situation and aspirations, we will provide you with the resources so together, we can make the best decision for you
• Collaborate with us.  Sure, if we work together, you pay us and you’re the boss.  However, you will get the best results when we put our heads together and collaborate.  Intimate collaboration will give you the best opportunity for success.

We live, work, and plan to retire in Kansas City too! Having lived in the Northland for decades, we know the cost-of-living and taxes well so we can help you navigate the nuances that make retirement here possible.

Yes.  In person also!