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Common fees associated with wealth management services.

As a wealth management firm, among the most frequently asked questions we hear are those related to fees. Unchecked, wealth management fees have the potential to erode your total return. What are the most common fees associated with wealth management services? In a previous post, we mentioned the impact of fees on investments. This time around, we have compiled a list of some of the most common fees for wealth management services: • Asset based, hourly or flat fees charge a percentage of those assets under management (generally 1% to 3% of the account value). These fees reward your investment advisor for growing and protecting your portfolio. • Commissions only compensation comes directly from sales commissions on the investments they buy or sell for you, transactions that can result in unnecessary recommendations to buy or sell more often. • A wrap fee is a single asset-based fee for both advice and execution of trades of the account value. In addition to these fees, some firms charge a quarterly or annual minimum fee. Retainer fees are another type of fee arrangement. For the discerning investor, understanding wealth management fees can potentially be a significant factor in a wealth accumulation strategy. To make sure your money is being used to make you more money, remember to ask your investment advisor how much he or she is charging you. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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Three important questions to ask before choosing an Indianapolis wealth management firm.

Investment management is truly an art, and not all Indianapolis wealth management firms are created equal. Before you decide on an investment advisor, you should ask (at least) two questions: What is your fee structure? Wealth management firms often receive compensation from a variety of sources, so it’s important to ask what types of wealth management fees you can expect (fee only, fee based, commissions only or wrap fees) to find one that works best for you. These fees can be asset based, hourly or flat, and can range from 1% to 3% of the account value. In addition to these fees, some firms may charge a quarterly or annual minimum fee, or may ask for a retainer. How do you choose portfolio assets? There should be a set process in place for asset managers when choosing investment products that include protocols for equity selection as well as ETF’s and all other investments. Be sure to include alternative investments in the discussion. Alternative investments can be low-correlated or negative correlated assets and could potentially not dictated by the fluctuations of the stock market or each other, and have the potential to pay higher rates of income over the long term. Please visit our new website at www.midwest-wealth.com to receive an insider’s peek into alternative investing with The Alternative Investor, a guide book for alternative investments by Greg Shields, founder and President of Midwest Wealth Management, Inc. Investing in alternative investments may not be suitable for all investors and involves special risks, such as risk associated with leveraging the investment, adverse market forces, regulatory changes, and illiquidity. There is no assurance that the investment objective will be attained. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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What’s the difference between investment management and wealth management?

There is a distinct difference between investment management and wealth management. In today’s market, it is certainly possible to purchase mutual funds and other investment products and potentially do well without the help of a professional. But wealth management is not just about picking the best investments. For wealth managers, shopping stocks, bonds and exchange traded funds is the proverbial tip of the iceberg. A solid wealth management strategy starts with a single focus on ensuring your investment portfolio remains closely aligned with your overall financial goals. Advisors from reputable wealth management firms provide investment monitoring, determine allocations, clarify beneficiaries and consult with attorneys and accountants to achieve the right investment structure. They also make risk management a priority — analyzing and planning a strategy to minimize downside risk. Indianapolis-based Midwest Wealth Management offers a 5-stage investment process called The Investors Access Program. ™ This program provides an alternative route to wealth creation with the sophisticated and independent-minded investor in mind. The Investors Access Program™ begins with an interview step to identify and assess your financial objectives. Based on these insights, a focused strategy is engineered and launched to address opportunities and challenges. If you have concerns about your wealth management approach, MidWest Wealth Management can help transform your investments into a sound wealth management strategy while ensuring your portfolio remains closely aligned with your financial goals. Learn more at www.midwest-wealth.com. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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How is an Alternative Investment a Wealth Management Solution?

An alternative investment is a vehicle other than stocks and bonds, and can offer wealth managers a number of advantages. A big one has to do with the volatility of the stock market. Because alternative investments are non-correlated assets, they are not dictated by the fluctuations of the stock market. Not only that, but these types of investments also have very little correlation between each other, so if one loses value it may not impact other alternative investments to any large degree. (more…)
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Midwest Wealth Management, Inc.’s Investors Access Program™ offers new alternatives in wealth creation

Indianapolis, Indiana. March 2, 2014 – Midwest Wealth Management, Inc., a private investment group specializing in alternative investments, announced today the launch of a 5-stage investment process called the Investors Access Program. This unique program was developed to provide an alternative route to wealth creation and protection especially for the sophisticated and independent-minded investor. Investors Access Program™ begins with the Interview step to lay the foundation for a successful collaboration. After client objectives are identified and assessed, a focused strategy is engineered and launched to address their unique opportunities and challenges. Advanced training and industry knowledge —coupled with a superior service model for optimal performance—enhance the process and provide unparalleled support to each client throughout the 5-stage program. To complement the Investors Access Program™, a new website was also developed, explaining the program in more detail and featuring investment blogs focusing on alternative investments. Also introduced on the site is a free downloadable eBook entitled: The Alternative Investor, a guide book for alternative investments by Greg Shields, President of Midwest Wealth Management, Inc., to further explain the opportunities and obstacles associated with alternative investments. About Midwest Wealth Management, Inc. Midwest Wealth Management, Inc. was formed by Greg Shields, a 30-year financial services veteran to offer sophisticated investors an alternative when looking for a more strategic path for long-term investing. As a private investment group, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com.
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Are you getting the most from your wealth management services?

Not many wealth management firms are truly working for the benefit of their clients when they don’t put their needs first. There are many components to this problem, starting with clients getting charged too much for the wealth management services they are receiving. I blogged about this problem not too long ago, explaining how secondary advisor fees are getting stacked on top of primary advisor fees. Investors are also having their money placed in inappropriate investments and are ill-equipped to survive the long-term. Compounding this problem are the investment advisors who are still using the modern portfolio theory to trade in traditional stocks and bonds in a constantly fluctuating market. And worse of all, many investors don’t even know about alternative investments— it’s an unknown experience to them. Imagine if all you had to drink in the morning was tomato juice. That’s all you’ve had your whole life. No one ever told you about how fantastic orange juice tastes. Then you get a taste of a real glass of orange juice. And suddenly, tomato juice doesn’t have quite the same appeal.


Without a mix of alternative investments in a portfolio as a hedge against the stock market, we believe that an investment portfolio is most likely headed for some serious problems. It takes a strategy of diversification, a desire for advisors to get out of their comfort zone and learn the market, and a real determination to do what is best for the client. So, is your advisor putting your needs first? If you feel you are getting charged higher fees or feel that your portfolio isn’t diversified enough, then you need to talk.


As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com.


Investing in alternative investments may not be suitable for all investors and involves special risks, such as risk associated with leveraging the investment, potential adverse market forces, regulatory changes, and potential illiquidity. There is no assurance that the investment objective will be attained.

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Debunking the myths about alternative investments for Wellpoint executives

There is a lot to know about the investment process for Wellpoint executives looking for a strategic path to wealth accumulation. Whether you are a hands-on type of person, or prefer to let a prudent advisor steer your investments, gaining some knowledge of the alternative investment process can help when deciding what path to take regarding alternative investing. Myth: The volatility of alternative investments is higher compared to stocks or bonds While it is true that some alternative investments are linked to unpredictable weather conditions or the changing forces of supply and demand, as a whole they are not any more volatile than the stock market. In fact, since they aren’t at the mercy of the stock market, they can positively affect an investment portfolio when the stock market is down. Myth: Alternatives will always outperform stocks A highly diversified portfolio that includes a variety of traditional and alternative investments can indeed accomplish returns that are similar to equity markets with a lower level of volatility. The tradeoff is when equity markets are strong, alternatives tend to underperform. In general, the duration of investment time and the need for upfront capital usually narrow the field of investors suited for the alternative market. Myth: Always rely on past performance when choosing alternative investments. It is never a good idea to base investment decisions solely on an assets past performance. This being said, although past performance is indeed not a guarantee of future results, some alternative investments that have demonstrated a lower correlation to a traditional market approach due offer unique advantages. They can help reduce the volatility in a portfolio and increase long-term performance by minimizing the downside risk. Midwest Wealth Management offers sophisticated investors an alternative when looking for a more strategic path for long-term investing. Through a private investor platform featuring a 5-stage investment process called the Investors Access Program, ™ Midwest Wealth Management carves a unique path to wealth creation for a specialize clientele. For a trial run, visit us at www.midwest-wealth.com. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com.
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Strategies in alternative investments for long-term gains.

Alternative investments are a great way to create opportunities for long-term gains when dealing with the ups and downs of the multiple earning potential in a bull market and the sometimes severe contractions of a bear market. So, even though discussion boards may be filled with talk in the alternative investment world about a product’s performance ability, an alternative investment’s loose correlation to traditional assets is what makes these types of investments highly appealing to the knowledgeable investor. As a true non-correlated asset, fluctuations in the stock market have no bearing on these types of investments. In turn, these assets also have little correlation with each other, so one particular alternative investment loss of value won’t significantly impact another alternative area of investment. And in any market, securing downside protection for the long term is always a smart choice, another reason why it is important to hire a good investment advisor who is more interested in protecting your wealth than meeting the gains projected in an index like the S&P 500. Having an investment firm that can implement trades quicker than the time it takes to buy or sell assets can offer clients a higher rate of return. Private wealth management firms can accomplish this due to implementing their own trading platforms and building each client’s wealth accumulation model internally, ensuring that the best opportunities are available for their unique portfolio construction. Please visit our new website at www.midwest-wealth.com to receive an insider’s peek into alternative investing with The Alternative Investor, a guide book for alternative investments by Greg Shields, founder and CEO of Midwest Wealth Management, Inc. As a private investment group, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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