Founded: January 10th, 1996
Designations:
License(s) and/or Registration(s):
“Are you currently involved in a lawsuit with a client? If so, please describe the lawsuit in detail.”- No
“Have you been in a previous lawsuit with a client? If so please describe the lawsuit in detail.” – No
“Are you currently involved in a regulatory action with your regulatory agency? If so, please describe the lawsuit in detail.” – No
“Have you been in a previous regulatory action with your regulatory agency? If so please describe the lawsuit in detail.” – No
Describe your firm in your own words and the types of clients that you typically work with:
We are a firm that can be all things to all people. We have clients that are categorized as Ultra High Net Worth that have significant needs around multi-generational planning, estate planning, and investment management, but also work with clients that have a negative net worth and need help creating a debt management plan and the accountability to stick to it. We currently have 7 advisors in our office that have all have different client demographics which allow us to meet a client where they are today and have the experience and expertise to work with them as they grow and plans become more complex. We help clients with insurance planning, business planning (retirement plans, group benefits, retention/incentive plans), investment management, and retirement income planning. We enjoy long-term and collaborative relationships with our clients.
How are you compensated for your work? List your compensation methods out in detail:
We do not charge minimum fees for our clients. Because of our relationship with MFC, there is a negotiated fee of .80% on assets under management with a cap of $40,000/yr. (after $5,000,000 of AUM the fee is flat). There are instances in which retirement plan assets that are under our management can be included, but not always. There are also instances in which we can charge a flat fee, but is discussed on a case by case basis with you and your coach.
What is the one standout detail about your firm that clients find with your firm that they have not found elsewhere?:
There is more to investment management than just stocks and bonds. A strong financial plan and being as efficient as possible is the backbone of it all. We like to be high touch and intentional with each conversation that we have with you and other advisors on your team.
Max Moritz, CFP®
Max is a Founder and Partner of Wellington Wealth Strategies. Prior to WWS, Max joined The Wellington Group in January 2015. At WWS, Max is committed to making positive change and helping clients make fact- based decision-making that eliminates opinions and uncoordinated action. The surest path to sustainable financial health is by viewing it as a holistic process, and then embracing 21st Century technologies and tools to get there.
At WWS we take a systematic method to critical thinking deriving factual certainty from a set of information; the place where knowledge, wisdom and action meet. Approaching from a place of unbiased mathematical and scientific examination that isn’t prejudiced toward any specific product or strategy. Only by looking at both sides of the coin, can you end up with a unified and optimized financial position comprised of products and strategies all working together, rather than against each other.
Nick Prokai
For the last 6 years, Nick has been educating and advising Physicians and Medical Professionals, High-Performing Sales Leaders, and Business Owners in effective financial decision-making. He works with people who want to increase their net worth, and make informed decisions so they can meet their objectives in the creation, protection, and enjoyment of their wealth.
He currently resides in Carmel, IN with his wife, Rachel, and their two dogs, Oakley and Luna. He’s an avid outdoorsman and enjoys his free time snowboarding, skiing, hiking, biking, and competitive shooting. Family is the most important thing in Nick’s life, next to his relationships with lifelong friends. Nick is now a father to a little girl and plans to raise his family in his hometown.
He got into this profession because he wants to make a positive impact on the lives of those around him and in his community. Nick has an MBA and an educational background in Finance and Insurance. “Knowledge is power and I plan to arm and equip all of my clients with the tools and resources they need to not only accomplish their goals and aspirations, but to live a meaningful and impactful life.”