Forness Financial LLC is an independent Registered Investment Advisory firm. Being independent allows us to offer unbiased advice and services. Click here to learn more about the benefits of working with an RIA.
Forness Financial’s advisors adhere to a higher standard than many financial advisors or firms. Registered Investment Advisors are held to a fiduciary standard that was established as part of the Investment Advisors Act of 1940. This standard requires the advisor to put their client’s interests above their own. It consists of a duty of loyalty and care, and simply means that the advisor must act in the best interest of his or her client.
Forness Financial’s advisors have over 60 years of combined experience that has run the gamut of financial market conditions. We have successfully navigated our clients through both challenging and prosperous markets.
We are strictly fee based investment advisors. This means we do not sell products. We consult and advise our clients to help them achieve their financial goals. We do not use any commission-based investment vehicles. Therefore, we have no incentive to offer products and services that are not right for our clients. Our goals are aligned with our clients’ goals. We succeed when our clients succeed.
We offer institutional-level pricing on mutual funds and exchange-traded funds (ETFs) which can be significantly lower than traditional retail pricing. Paying too much in fees and expenses is a guaranteed way to lower long-term returns. In addition, we do not use any higher cost commission based products (i.e. annuities).
At Forness Financial, we strive to keep our clients’ total costs low so they keep more of what they earn. Most of our services are covered on a fee basis. We never charge per meeting or by the hour.
At Forness Financial, we believe our clients should know exactly what they are paying. We are upfront with all costs and review them regularly with our clients.
Perhaps our biggest attribute is our size. We are a small firm by design. This allows us to tailor each client’s recommendations based on their individual needs, and maintain the high level of service our clients deserve.
At Forness Financial, all clients deal directly with their advisor. Our advice is based on each client’s particular situation and tailored to fit their needs. We create custom plans and portfolios because each client is unique.
We are retirement income specialists. For clients approaching retirement, we help determine the amount of savings needed to retire base on their projected income needs. Then we create a plan and investment portfolio to get them there. Once retired, we rework our clients’ portfolios to produce the income needed to sustain them throughout retirement.
Life is constantly changing and your finances need to keep up with those changes. We keep our clients’ investments flexible so we can help adjust to these changes without delay.
We believe you should be able to access your money at any time. All investments with us are always fully liquid and there is never a fee charged if you need any or all of your money. Liquidity also ensures you are never locked in to working with us. At any time, for any reason, you can take your money elsewhere without any fees or other charges.