Best Financial Advisors in Auburn, WA

Alder Cove Capital, LLC is an investment advisory and financial planning firm registered in the State of Washington, focused on helping clients reach their financial goals while minimizing conflict of interest. The company is owned solely by me and serves clients in the greater Seattle area.

A detailed pricing page with calculator can be found here. For ongoing portfolio management, clients pay a fee (broken up quarterly), based on the assets managed, at 0.50% per year. Prices for one-time financial planning engagements vary based on complexity and are negotiable. I prefer to try to charge as little as possible, instead of as much as possible, because I know how excessive fees will eat away at investment returns. My commitment to minimizing the fees you pay on your investments does not come with an asterisk. The only compensation I receive comes from client fees. I am not paid by any mutual fund companies to sell you their expensive products, nor do I receive any referral fees and I have even taken careful steps to avoid obtaining licenses that allow me to sell products based on commission. Further, I receive no compensation based on performance, where excessive risk could be an incentive. The only way I create income is by establishing a long-term advisor/client relationship where we work together to meet your long-term financial goals. Too much effort, and wealth, is wasted on short-term thinking. More detail on fees can be found here, or get pricing estimates here.

Every client is different so we start by taking a look at the bigger picture of your financial assets while comparing your long-term goals to how your current savings, income and expenses may or may not have you on track. I seek to get everything organized in on central spot - your client website - so we can then allocate your investments properly and work on financial planning objectives. It is paramount you are properly allocated according to your ability and willingness to tolerate risk. Most financial mistakes are purely psychological biases so it's important I get to know what makes clients tick and only then can we begin to effectively measure and reach goals. I do not run a mutual fund (where racking up expenses while trying to beat the market, and usually losing, is the norm) - in fact, most of the time we opt to invest WITH the market instead of trying to beat it. If after our initial meeting you want to move forward then we simply sign an agreement detailing our arrangement. I avoid complex financial instruments and a typical client will have a globally diversified mix of stocks, bonds and shorter-term cash/CDs. The official Form ADV Part 2A "brochure" for Alder Cove Capital, LLC can be found here. This document will provide much of the same information as a client investment advisory contract.

I like to work with regular, hard-working people ready to get their hands a little bit dirty when it comes to reaching their goals. There will be forms to fill out to transfer an account, and there might be some new technology to learn. But there is major "sweat equity" created when clients take ownership of their financial lives. I get a huge kick out of reversing the trend of high-cost, low-value financial "advice" one client at a time.