FREQUENTLY ASKED QUESTIONS
Learn more about our firm, our process and how we can help you achieve and maintain financial independence.
WHO WE ARE
Do you sell insurance or investment products?
No. Franklin Advisors Madison is an independent firm and not affiliated with a broker-dealer or insurance company; therefore, we do not sell securities or insurance products. As a Registered Investment Advisor and a fiduciary, we provide financial services for and are compensated by our clients.
Who is Franklin Madison Advisors?
Franklin Madison Advisors is a licensed fee-only Registered Investment Advisor (RIA) whose principal office is in Pittsburgh, Pennsylvania. We provide comprehensive financial planning, ongoing financial advising and investment management services for individuals and families.
Our mission is to help our clients achieve and maintain financial independence. We do this by delivering a premium wealth management experience that involves knowing our clients intimately, offering dynamic solutions to their planning and investing obstacles, all the while building deep, long-lasting relationships.
We believe that we live in an increasingly complex financial environment. Our goal is to create strategies that help people get ahead in life financially.
Who regulates Franklin Madison Advisors?
Franklin Madison Advisors is Registered Investment Advisor registered in the Commonwealth of Pennsylvania and regulated by the Pennsylvania Department of Banking and Securities.
How does a fee-only firm operate? Are you a fiduciary advisor?
As a fee-only advisor, we are compensated directly by our clients in exchange for financial planning and investment management services we provide.
Franklin Madison Advisors does not sell securities or insurance products, and we do not get paid for buying or selling securities for our clients. Simply put: We act in your best interest at all times. There are no conflicts of interest – we do not steer you toward investments where we earn a commission. And you pay for advice and expertise – nothing hidden.
Further, as a Registered Investment Advisor, we are held to a fiduciary standard, just like an accountant, doctor, or attorney, which means that we have a legal responsibility to always act in our clients’ best interest.
Where are you located?
While our principal office is in Pittsburgh, Pennsylvania, we are in many ways a virtual firm. Our utilization of video conferencing and virtual scheduling services allows us to serve you on days and at times that are most convenient for you.
Visit our contact page for more details.
Who do you work with?
We work with individuals who are serious about achieving and maintaining their financial independence. Our professionally successful clients have often done all the right things with their money yet suddenly feel stuck because of a life change or unique financial challenge beyond what time or tools can afford.
If this is you, worry no more. We’ll look at your financial situation and develop actionable strategies that help you move your financial situation to the next level.
How do we get started?
Schedule a no-obligation 30-minute call with us. We’ll tell you exactly what you’re going to get before you spend any money. You’ll learn which financial objectives you need to tackle to take your financial independence journey to the next level.
What can I expect from our first meeting?
Well, if you’re serious about creating and maintaining wealth for your financial independence journey, then we’d encourage you to schedule a complimentary phone consultation.
This initial meeting’s objective is threefold: First, we’ll ask you a set of questions within the context of a disciplined financial planning and investment management framework aimed at identifying your essential financial priorities and the obstacles standing between you and achieving those goals.
Second, our goal is to provide transparency right from the start. We’ll share with you how we’d work together to tailor a bespoke, analytically oriented solution to overcoming obstacles impeding your financial goals. Finally, we’ll turn the conversation over to you to ask questions that we may not have already answered.
When we meet, will I have to sit through a sales pitch?
You hate sales pitches, especially when it comes to your money related issues. We don’t blame you.
Many stories have been told about financial advisors encouraging individuals like you to meet, only to waste their time sitting through a boring investment or insurance sales presentation and pitched an investment or insurance product they don’t need. But that’s not what we’re about.
Our firm specializes in helping driven individuals like you overcome obstacles standing between them and their financial independence journey. You can rest assured that we don’t have a slick sales pitch to offer you. We center our approach on purposeful discussions and relationship building.
In fact, our priority is ensuring that we’re engaging with motivated, high-achieving, successful individuals who are serious about taking their journey toward financial freedom to the next level but need a little help getting past a temporary roadblock.
Why do highly driven individuals work with you?
Our clients work with us for three reasons:
- We make it clear about what it will take to overcome obstacles to achieving financial independence.
- We instill confidence through actionable, achievable plans they can immediately put to work.
- Our clients gain peace of mind knowing that they’re working with a fiduciary, fee-only financial planning, and investment management firm.
What makes you different?
As financial independence specialists, we evaluate multiple paths to our client’s financial freedom, all the while offering specific, transparently priced services and ongoing client support. We do this through our holistic financial planning and disciplined investment management services.
What’s more, as a fee-only advisor, we are compensated directly by our clients in exchange for the financial planning and investment management services we provide. Franklin Madison Advisors does not sell securities or insurance products, and we do not get paid for buying or selling securities in our clients’ brokerage accounts.
Put simply, we act in your best interest at all times. There are no conflicts of interest – we do not steer you toward investments where we earn a commission. You pay for advice and expertise – nothing hidden.
Do you manage investments?
Yes, we manage investments in a discretionary and non-discretionary capacity through our custodial relationship with TD Ameritrade. What’s more, we do not have account minimums for our investment management services.
Please see our services page for more details.
What’s your approach to investing and staying on top of the markets and economy?
Our investment philosophy is centered around a long-term view of the markets and economy. From this perspective, we believe that diversifying your money across a basket of uncorrelated assets and allowing the power of compounding to grow your savings is a proven strategy for becoming and maintaining financial independence.
Prior to founding Franklin Madison Advisors, Peter Donisanu spent well over a decade at Wells Fargo Investment Institute as a senior strategist distilling market and economic trends for financial advisors, and frequently upon by the financial press to present the firm’s views. As a voting member of the firm’s investment policy committee, his views helped influence investing decisions for over a trillion dollars in assets under advisement.
With that said, we regularly track developments in the markets, economy, and policy as they can affect your ability to keep your wealth. You can learn more about our market and economic views by reading our blog.
WHAT WE CAN DO FOR YOU
Do I need to be rich to benefit from your services?
No. We provide financial planning and investment management services for driven individuals at all stages along their financial independence journey. What’s more, our fee-only approach allows you to pay us directly for the services you need, without the need to move your investments.
How can you help me become financially independent?
The American Dream is not what it used to be. Indeed, the playbook of yesteryear once argued for going to college, getting a steady job, buying a house, and saving for retirement as the means to a fulfilling lifestyle.
Today, however, many individuals find this lifepath insecure and unfulfilling. They want to use their financial resources to take control of their lives and chart their own destiny. That’s why becoming financially independent is increasingly a path chosen by high achieving, motivated individuals to attain true financial freedom.
Reaching and maintaining financial independence is not as easy as it sounds, and you likely will encounter roadblocks along the way. How can we help? Well, we empower driven individuals like you by providing clarity on what it will take to get the most from your life by helping you realize how to make your money work for you. Then, we give you the confidence to tackle the obstacles blocking your path to financial independence by creating a practical action plan for taking your game to the next level.
Our work doesn’t end there.
We’ll provide you with clear, easy to understand implementation guidelines that lay out exactly what you’ll need to do on a month by month, year by year basis. Or, if you prefer, you can partner with us, and we’ll help you implement your financial plan. Either way, you will gain peace of mind knowing that you have a trusted advisor working in your best interest.
Ready to learn more? Schedule a 30-minute no obligation meeting to see how we can help.
I don't need a financial plan. How can you help me?
From time to time, even the most successful individuals encounter roadblocks to their best laid financial plans. Quite often, navigating a financial independence journey becomes more complicated when family and career changes take center stage. And in situations like these, the money disciplines that got you to where you are today likely won’t take you to the next level toward your financial goals.
Even so, working with a wealth manager might enable you to create an action plan to address barriers standing between you and your financial independence. How so? Well, it all begins with a process. And a disciplined wealth management process should be structured to diagnose the source of your financial obstacles by fully understanding you as a unique individual and then providing you with a custom-tailored remedy from the perspective of your overall savings and lifestyle goals.
In this context, you see, a financial plan is a remedy because it’s a means to taking your financial independence journey to a higher level. To be sure, rather than being a collection of financial statements and statistics, a solid financial plan is like a roadmap that charts a course for how you can overcome financial obstacles. More specifically, a financial plan does three things.
First, it clearly delineates in black-and-white the specific issues holding you back from achieving a higher level of financial freedom.
Second, a solid financial plan may instill in you a sense of confidence as it can help you visualize what success will look like when you arrive at your financial destination.
Finally, a financial plan may give you peace of mind as it lays out in plain English the specific actions you’ll likely need to take over the coming months and years to fast-track your financial independence journey. This granular level of planning work, however, often begins by speaking with a trusted advisor.
What kind of financial obstacles can you help me overcome?
We exist to help driven individuals navigate obstacles standing between them and their ability to achieve financial independence.
To be sure, there will be inevitable roadblocks on an individual’s path to financial independence, like:
- Prioritizing rising wealth with long-term lifestyle goals.
- Not having the time to manage an investment portfolio.
- A desire to become financially independent but lack time to get started.
- Minimizing future tax liabilities related to retirement savings.
- Lacking time to begin financial independence planning.
- Managing emotional discipline through market ups and downs.
Visit our services page to learn more about all of the issues we can help you address.