Liberty Financial Group is a fee-only firm based in Elm Grove, Wisconsin managing money for individuals. Most of the firm’s clients are non-high-net-worth individuals, though a small number of high-net-worth clients are also at the firm.
There are three advisors at the firm managing more than $86 million.
Liberty Financial Group Inc. Background
Liberty was founded in 1981. Since 2015, the principal owners of the firm have been Thomas M. Wargin, Shannon Nook and David Wargin.
What Types of Clients Does Liberty Financial Group Inc. Accept?
Most of the clients at Liberty are individuals who are not high-net-worth. There are also a small number of high-net-worth clients. There are no institutional clients at Liberty.
Liberty Financial Group Inc. Minimum Account Sizes
There is no minimum account size at Liberty. There is a minimum annual fee of $4,500.
Services Offered by Liberty Financial Group Inc.
Liberty offers the following services to clients:
- Investment management
- Financial planning
- Mortgage selection
- College funding planning
- Risk management
- Estate planning
- Tax planning
- Retirement preparation and planning
- Annual tax loss review
- Financial decisions on major purchases
Advisors at Liberty measure investors risk tolerance, time horizon, goals and objectives by interviewing them and giving questionnaires. Generally, it approaches investment conservatively and looks for long-term choices.
Mutual funds are the preferred investment for tax deferred accounts, while individual securities and exchange traded funds (ETFs) are the preferred choice for taxable accounts.
Fees Under Liberty Financial Group Inc.
There are two types of fees charged by Liberty. The first is an investment management fee based on assets under management. A fee of 1% is charged on assets up to $1 million and 0.75% is charged on all assets over $1 million.
What to Watch Out For
This is a fairly small firm with only a few advisors. If you are looking for a firm with lots of resources and connections to major financial institutions, this firm doesn’t have that.
There are no disclosures on the record at Liberty in the past 10 years.
Where Is Liberty Financial Group Inc. Located?
The firm is located at 700 Pilgrim Parkway Suite 300 Elm Grove, Wisconsin 53122.
Opening an Account With Liberty Financial Group Inc.
Contact the firm at (262) 785-1377 or firstname.lastname@example.org.
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All information was accurate as of the writing of this article.