search

Sheeley & Partners Wealth Management Review

computer Visit Site phone 401-455-1230 print Print Report

Sheeley & Partners Wealth Management, registered in 1999, is a Registered Investment Advisor (RIA) in 4 state(s) with a licensed staff of 3 advisors. Sheeley & Partners Wealth Management manages $101.0 million and provides investment advisory services for 102 clients (1:34 advisor/client ratio).



Disciplinary Questions


After checking the disciplinary records of Sheeley & Partners Wealth Management, our system found no disciplinary questions to ask. Checks take place monthly.


Conflict Questions


After checking the regulatory records of Sheeley & Partners Wealth Management, our system has identified the following question(s) to ask. Learn more.

announcement Do you offer mutual funds that have 12b-1 fees?

Why ask? 12b-1 fees increase the total annual cost of owning a mutual fund with no guarantee of higher returns. Some firms receive these fees as payments, which creates an incentive to promote them.

announcement Which securities do you trade for yourself that you will also be recommending to me?

Why ask? This firm has marked in their disclosures that they trade recommended securities. While this often can be seen as "eating your own cooking," there are several inherent conflicts that can arise. For example, front running is when a financial professional buys or sell securities ahead of their client. In short, any financial professional should disclose all positions they hold (or have sold short) that they will also be recommending to you.

Our system found no other conflict questions to ask. Checks take place monthly.



Was this helpful?

Yes or No


Need a Financial Advisor?


Finding a trustworthy financial advisor can be time-consuming and tedious, and we know your time is valuable. That’s why we created our one-of-a-kind Concierge Service to do all of the work for you while you enjoy the finer things in life. Hire our Head of Research to create your custom client profile and filter down more than 17,000 firms to three best matches, all while protecting your privacy. Learn more and get a free quote today.



Firm Information


As a financial advisory firm, also known as a Registered Investment Advisor (RIA), Sheeley & Partners Wealth Management can provide a variety of financial planning services for Americans. The goal of a financial advisor is to review your personal finances and work with you to achieve your life goals, e.g., saving for retirement, by creating a comprehensive financial plan. Financial advisors focus primarily on money management, including investments like stocks, ETFs, and mutual funds.

Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance.

Summary Firm
Advisors Directory View Directory
Avg Advisor Years Registered 17
Minimum Investment Ask firm
Average Client Balance $990,518
Total AUM $101.0 million
Investment-Related Prohibition - Court No
Advisor / Client Ratio 1:34
Website Visit Site
Phone Number 401-455-1230
Headquarters Providence, RI
SEC Filings View SEC IAPD CRD #109013



Disciplinary History


An important aspect of the Trust Algorithm is processing the SEC Form ADV Part 1 filing of each Registered Investment Advisor (RIA). “Item 11 Disclosure Information” contains a list of valuable disclosures that are relevant for Americans.

As identified in SEC Form ADV Part 1, Item 11 “Disclosure Information”, the Trust Algorithm identified the following disciplinary disclosures for Sheeley & Partners Wealth Management:




Cost


Unfortunately, there is no single, uniform pricing standard for working with a financial advisor. Catchphrases, including "fee-only," can be helpful; however, Americans often get confused with competitors promoting "fee-based" in response.

Ultimately, to understand the underlying costs of advisory services, we always recommend asking for an itemized fees breakdown and reading the firm's ADV Part 2 Brochure (Item 5, "Fees and Compensation").



FAQs








This automated report was generated using SEC and FINRA data and was last updated on August 4th, 2020*. For data support, email "support@investor.com". Firms that receive a 4.5 or 5-star rating are considered Trusted by investor.com. Learn more.


*SEC data last verified 08/04/2020. For the most up-to-date information, please view the applicable SEC and FINRA reports above. By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). Any data inaccuracies, please contact our team. All requests for updated information should also be reported directly to the SEC and/or FINRA.

Firm’s/Financial Professional’s investor.com profile pages may contain certain limited information directly provided to investor.com by the Firm/Financial Professional including, by way of example only, the “Personal Bio,” “Certifications,” and/or “Investment Philosophy” portions of the profile page. With respect to such information, investor.com cannot and does not independently verify, audit, validate, assess or guarantee the adequacy, accuracy, or completeness of such information; such information is not included or otherwise incorporated within investor.com’s Trust Score algorithm or review process.


contact_supportSupport