Duncan Financial Group, LLC is a financial advisor firm located in Maywood, New Jersey, that specializes in investment and financial planning. Rather than manage investments on their clients' behalf, Duncan offers planning and consulting services without directly managing assets. The firm has just two financial advisors on its team, but provides a range of services including investment planning, retirement planning, tax planning and more.
Duncan Financial is a fee-based advisory firm. This means that its advisors may receive commissions and other compensation from the sale of financial products, such as insurance policies and securities. A fee-only firm, on the other hand, strictly earns income from client-based fees for whatever services it may offer.
Duncan Financial Group Background
Duncan Financial has been in business since 2004. The firm currently has just six employees, and only two of them perform advisory functions. These advisors are managing principal Timothy Duncan and Jason Armenti. Both Duncan and Armenti hold law degrees, though neither of them are currently practicing. Duncan is the founder of the firm and holds an accredited invesment fiduciary (AIF) certification.
What Types of Clients Does Duncan Financial Group Accept?
Duncan Financial Group's services are geared primarily towards individuals (with and without a high net worth), pension and profit-sharing plans.
Duncan Financial Group Minimum Account Size
Duncan Financial does not have a minimum account requirement for any of its services.
Services Offered by Duncan Financial Group
Duncan Financial provides a wide range of financial planning and other advisory services. These include, but are not limited to:
- Tax planning
- Estate planning
- Business planning
- Retirement planning
- Education planning
- Budget planning
- Cost of living needs planning
- Cash flow analysis
- Fringe benefit analysis
- Investment analysis
- Objective determination
- Time horizon
The firm does not provide direct asset management; indeed, the firm's Form ADV doesn't list any assets under management (AUM).
Duncan Financial Group Investment Philosophy
Duncan Financial Group looks to provide specific advice to help each of its clients grow their assets in a sustainable manner. The firm's recommendations typically include mutual funds, exchange-traded funds (ETFs), stocks, bonds, certificates of deposit (CDs), money market funds and annuities.
To guide these recommendations, Duncan Financial analyzes each client's financial situation from multiple angles, including their distinct investment objectives, tax bracket information, cost of living needs and more. The firm uses such software programs as MoneyGuide Pro, Morningstar and fi360 to complete its security analyses.
Fees Under Duncan Financial Group
Duncan Financial charges fixed fees for its investment and financial planning services. Fees are not usually negotiable, and they are determined by the firm based upon the specific services requested by the client. Fees typically fall somewhere between $2,500 and $30,000 per year, as advisory agreements last that long unless otherwise stated. Duncan Financial does not charge performance-based fees.
What to Watch Out For
Duncan Financial Group does not have any disclosures on its 2021 Form ADV.
Duncan Financial Group is a fee-based financial advisory firm. This means that it receives commissions from the sale of certain financial products like insurance and specific securities. These commissions may create the potential for a conflict of interest, although the firm is still bound by fiduciary duty. That means it is obligated to act with your best interest in mind at all times.
Duncan Financial Group is only registered to operate in the state of New Jersey. That means anyone living outside of the Garden State won't have access to its services.
Opening an Account With Duncan Financial Group
Anyone looking to work with Duncan Financial Group can either stop by the firm's office in Maywood or call (201) 612-9572.
The firm is located in Maywood, New Jersey at 25 East Spring Valley Avenue in Suite 260.
All information was accurate as of the writing of this article.
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