Frequently Asked Questions
- We provide comprehensive financial planning services to help individuals, families, and organizations manage various phases of financial well-being. These include aligning financial goals with appropriate investment strategies, investment selection and management, risk management (the review and implementation of life, disability, long-term care, and other insurances), tax planning, and estate planning.
Yes, our minimum investment requirement is $350,000. However, we’d be happy to discuss your situation and potential options for working together if your current investable assets are under this threshold. Please feel free to reach out, and we can explore how we may be able to assist you.
- Yes, we are a fiduciary. This means we are required to act in your best interest at all times, putting your needs ahead of our own. Our commitment to fiduciary duty ensures that you receive transparent, impartial advice. We prioritize your financial goals at every step in the planning process.
We believe our independence and our team approach set us apart from other financial planning firms. Our independence allows us to provide objective, personalized advice without influence from a home office or conflicts of interest. Our team approach means multiple people contribute to and are responsible for your financial success.
We believe another reason we stand out is our strategic business partnerships with Blackburn, Childers & Stegall (BCS) and First Covenant Trust & Advisors. This enables us to provide collaborative financial services, including tax planning, accounting, estate management, and trust services.
- Being an independent firm, BCS Wealth Management is not tied to any specific financial institution or product provider. This allows us to research and recommend what we believe to be the best strategies for your unique goals. Our recommendations are always focused on what is best for you because we have no requirements to sell or promote specific products from a parent company.
Yes, we work with many CPAs, bookkeepers, attorneys, and other professionals. These relationships include but are not limited to our valued partners, Blackburn, Childers & Steagall (BCS) and First Covenant Trust & Advisors. The collaboration with BCS and First Covenant Trust & Advisors allows us to provide comprehensive, holistic financial planning and ensure that all aspects of your financial life are aligned and well-managed.
Our clients aren’t obligated to work with those organizations, and some clients might have no current needs in the areas of tax, accounting, estate, or trusts. However, we have found synergies in these relationships with BCS and First Covenant Trust & Advisors through the years. We believe a comprehensive financial plan is often most efficient when professionals from different niches have longstanding relationships and work in tandem.
- No, you do not need to live in our area to become a client. While we are based in East Tennessee, we work with clients nationwide. We can provide virtual services to ensure you receive the same timely service and expertise no matter where you are located.