What exactly does Montebello Avenue do?
What does fee-only mean & why should I care?
"Fee-only" is a movement in the financial advice industry to create transparency between clients and advisors. It means that an advisor is only compensated by explicit fees which clients can clearly see and understand, as opposed to embedded commissions, product revenue, or referral arrangements. You should always care about how your professional service providers are compensated.
What kind of investments do you use?
Primarily, ETFs and mutual funds through providers & managers whom we believe add value. Individual stocks, closed-end funds, and partnership units are also on the menu.
Is it risky to invest with you?
Investing with us, with another firm, by yourself, or anywhere is risky insofar as you are all but guaranteed to lose money at some point. That said, for all but the uber-conservative investor it is prudent to take some level of risk. So yes, it is risky, and we think that's a good thing.
Can you do my taxes?
That's very kind of you, but no. We refer to excellent CPAs.
Are you taking new clients?
Do I need to be wealthy to work with you?
No! Our minimum fee is $125/month.
Do I need to live near Scottsdale to work with you?
Definitely not. You will need to have a US social security number or tax ID.
Can we discuss my 401(k), student loans, stock options, mortgage, inheritance, taxes, etc.?
If you are to be a client, it's critical that we discuss all of the above.
You're asking for a lot of personal information. Are you taking care of it?
What's expected of me as a client?
Our ideal client is engaged, motivated, and inquisitive. It is expected that you respond to our inquiries within a reasonable period of time, ask for guidance when needed, and most importantly, be truthful and candid with us.