Founded in June, 2009, Portfolio Wisdom is a fee-only (that means NO COMMISSIONS!) Tennessee Registered Investment Advisor (RIA), whose primary business is asset management. By law RIA’s accept a fiduciary relationship with our clients. Believe it or not, most bank or brokerage “advisors” have not accepted this high legal responsibility to put your financial interests first.
The term “fee-only” also distinguishes this firm from over 90% of the brokerages, insurance agencies, bank-owned investment advisors, and even independent “financial advisors” in the industry. We sell no products and collect no commissions…
no mutual funds…. no annuities or life insurance … no CD’s or other financial instruments. We simply provide services, including asset management and advice, for a fee. We are paid only by clients… and no-one else, which eliminates most of the conflicts of interest inherent in the financial industry. High net worth families have used fee-only advisors, sometimes called Family Offices, for years to be sure that their advisors are working for them… not Merrill Lynch or some other financial firm.
About Dale P Beals
Dale Beals lives with his wife, Sue, and their two boys in Hendersonville, TN, the 'City by the Lake'.
He has been an avid student of the financial markets and a successful individual investor (but a terrible day trader :-)) since 1988 and now manages client investments. He likes to joke that he made most of the investing and trading mistakes you can make with his own money before he ever began to work with his clients, to their great benefit!