Frequently Asked Questions
What are some of the ways we differ from many financial firms?
The combination of a fiduciary responsibility and independence sets us apart from many other financial advisors. As a Fiduciary Financial Advisor, Baron Financial Group is not influenced by the sale of any investment or insurance products. Our investment recommendations are focused exclusively on meeting the objectives of our clients and not on generating commissions from selling products.
Not all firms include comprehensive financial planning as part of their investment management service. We provide financial planning services as an added benefit, included in the money management services. Our financial planning is integral to our investment plan and includes advice on anything to do with a $ sign. View all the services we can provide.
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Who is the custodian for my accounts?
Your money is held in custody at an independent custodian, not with Baron Financial Group. We choose to use Charles Schwab as the custodian, based on their ability to provide competitive trade execution, cybersecurity and fraud protection, research, and other services which will help us in providing investment management services to clients.
Who will I work with?
Every client is a client of the firm. You will have a dedicated team with 2 advisors and 1 client service specialist. This aims to provide you with consistency and accessibility when working with us. Get to know our team.
How is Baron compensated for the service I receive?
Our sole compensation comes from the client. We do not sell any products nor are we influenced by outside interests. The relationship is solely between client and advisor.
Our transparent fee will be based on the following schedule as a percentage of the "assets under advisory service" and will be billed on a quarterly basis:
1.00% on the first $2,000,000
0.75% on amounts greater than $2,000,000 and up to $5,000,000
0.50% on any amount over $5,000,000
For clients with investment management, there will be an initial one-time planning fee of $2,500 which is waived if the initial managed account value is $500,000 or greater.
We receive no other compensation in addition to the advisory fee you pay.
View our Form CRS (Customer Relationship Summary) for more information about our fees and our firm.
What are the next steps to exploring a relationship with Baron Financial Group?
First, we meet with you for a complimentary discussion so we can get to know each other, and we can introduce our services and explain how we work.
Click this link to schedule a 15-minute phone call or a 30-minute video call.
Next, we meet to discuss our suggested investment strategy, based on your goals and risk tolerance.
We will then provide you with a detailed investment proposal. Once you agree on the proposal, we begin the process of opening accounts, transferring in assets, and consolidating your accounts. We communicate with you every step of the way.
Contact Us, Ask a Question, or Request an Informational Packet: