About Fiat Wealth Management
The Fiat Name
In economic textbooks, the term 'fiat currency' is loosely defined as 'faith-based currency.
The U.S. dollar is today a fiat currency, meaning that it has no physical backing such as gold or silver. Critics argue that this is a weakness. Fiat, however, sees this as an example of the importance of trust, and even faith, for economic relationships to exist. When a parent gives a child a dollar for school, it is a vote of confidence and faith.
When an individual invests a dollar, they do so because they have faith that the underlying business will succeed. Without some amount of faith in each other, economic relationships both on a large and small scale cannot exist.
Trust is the bedrock of the work at Fiat Wealth Management.
See Disclosures
General Information
Firm Start Year
2009
No. of Employees
10-19
Firm CRD#
318201
Name of Custodial Firm
Charles Schwab
Years of Experience in Financial Services
16
Number of Years with Current Firm
16
Work with the following types of clients
Those Nearing or in Retirement, Individual Investors
Advisory Services Provided
Insurance Products & Annuities, Estate Planning & Trusts, Investment Advice & Management, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Financial Advice & Consulting, Tax Advice and Services, Financial Planning for Businesses
Compliance
Registered Investment Advisor
Yes
Registered Representative
Yes
Acknowledged fiduciary
Yes
Compliance Disclosures in Last 5 years
I have a clean record
Criminal Disclosures in Last 5 years
I have a clean record
Qualifications & Membership
Certifications, Accreditations & Designations
CFP®, RICP®
Securities Licenses
Series 65
Insurance and Annuity Licenses
Long Term Care, Health, Annuity
Firm Information
Assets Managed by Firm
$320,000,000
Assets Managed by Advisor
$320000000
Compensation and Fees
Fee Structure
Fee-Based
Minimum Portfolio Size for New Managed Accounts
$500,000
Compensation Methods
Flat Fee, Based on Assets
Minimum Fee Charged for Managed Accounts
$3,500
Minimum Fee Charged for Hourly Planning Accounts
$3,500
Disclosures
Additional Detailed Disclosures
https://www.financialplanners.net/disclosure/1892494/financialplanners-Fiat-Wealth-Management-detailed-disclosure.html
Disclaimer
Fiat Wealth Management, LLC is registered as an investment advisor with the SEC and only conducts business in states where it is properly registered or is excluded from registration requirements. Registration is not an endorsement of the firm by securities regulators and does not mean the advisor has achieved a specific level of skill or ability. The firm is not engaged in the practice of law or accounting.