Arbor Wealth Management is a financial advisor firm headquartered in Tempe, Arizona. The firm is only licensed to operate in the states of Arizona, California, Texas and Utah.
This firm has a relatively small team of on-staff financial advisors responsible for the management of over $50 million in client assets. The firm provides financial planning, consulting and investment management services to a base of individual clients.
Arbor Wealth is a fee-based firm, as its financial advisors also act as insurance agents who can earn commissions for selling certain insurance products. A fee-based firm is different from a fee-only firm, which avoids conflicts of interest by only receiving advisory fees as compensation.
Arbor Wealth Management Background
Arbor Wealth Management opened in 2012 and began offering investment and financial advisory services in 2013. Managing partners Jake Ulrich and Joseph Arsenault are the principal owners of the firm, as well as its sole on-staff advisors. Arsenault is a certified public accountant (CPA) and a personal financial specialist (PFS). Together, Arsenault and Ulrich have over 25 years of wealth management experience.
Arbor Wealth Management Client Types and Minimum Account Size
Arbor Wealth Management works with a limited client base, most of which is made up of clients below the high-net-worth threshold. The firm does work with some high-net-worth individuals as well.
For its custom portfolios, the firm imposes a minimum account size of $500,000. Clients who don't meet this requirement can only utilize the firm's exchange-traded fund (ETF)-centric portfolio strategy.
Services Offered by Arbor Wealth Management
Arbor Wealth Management offers financial planning and consulting to clients, along with investment management services. The latter typically involves helping clients determine a specific investment strategy for them, including proper asset allocations and regular portfolio monitoring. Arbor offers both custom portfolios and ETF strategies.
The firm has a range of traditional financial planning services, including:
- Insurance planning
- Cash flow/budget analysis
- Long-term care planning
- Charitable gift planning
- Income tax planning & integration
- Social Security planning
- Education planning
- Roth conversion strategies
- Gain and loss harvesting
Arbor Wealth Management Investment Philosophy
Arbor Wealth Management prefers working with clients who desire a collaborative advisory relationship. Although the firm offers the same services to all clients, advisors will allocate assets differently and implement different investment strategies based on the financial goals and profile of each client. Factors that the firm focuses on include risk tolerance, tax status, income needs and time horizon.
Arbor Wealth uses a wide range of analysis techniques to help select investments for portfolios. These include charting analysis, fundamental analysis, technical analysis and cyclical analysis. When it comes to trading and investing, the firm tends to use long-term trading, short-term trading, short-term purchases, short sales, margin transactions and options trading.
Fees Under Arbor Wealth Management
Investment management fees at Arbor Wealth Management are calculated based on a percentage of each client's total assets under management (AUM). These fees are charged on a quarterly basis, in advance. The fee schedules are as follows:
|Account Size||Maximum Annual Fee|
|$2.5MM - $5MM||0.75%|
|Account Size||Maximum Annual Fee|
|$2.5MM - $5MM||0.50%|
For financial planning, the firm charges an initial hourly rate of $250 for the client's first financial plan. Arbor Wealth Management then charges $500 per year for annual financial plan updates. This is a subscription service that gives you access to the firm's team of advisors throughout the year.
What to Watch Out For
It's important to note that there exists the potential for a conflict of interest given that Arbor Wealth Management advisors can earn commissions when they sell certain insurance products. Despite this arrangement, however, the firm is a fiduciary, which legally binds it to act in the best interests of clients at all times.
Note that Arbor Wealth is only licensed to work in four states: Arizona, Calfornia, Utah and Texas. So if you live outside of these states, you'll need to find a different firm to work with. Try using SmartAsset's free tool to find suitable advisors in your area.
Opening an Account With Arbor Wealth Management
If you're looking to become a client of Arbor Wealth Management, stop by the firm's website to schedule an appointment with an advisor. You can also try calling the firm at (480) 818-8300.
Tips for Planning Out Your Retirement
- If you want help managing your investments or building a financial plan, a financial advisor in your area could be worth looking into. SmartAsset's free tool makes the search process much simpler. If you're ready to start working with a financial advisor, get started now.
- Planning out your retirement income involves taking into account many important factors. Use SmartAsset's retirement calculator to figure out how much you'll need to support yourself during your golden years.