Baobab Wealth Management is a fee-based advisory firm that provides real value to their clients, putting their interests first and offering complete transparency with fees, services, and philosophies.
Quick Company Overview
Fiduciary Commitment
Boutique Structure
Our commitment to establishing trust and offering customized solutions means we strive to give our clients the undivided attention they deserve.
Retirement Focus
Both preparing for and entering retirement presents unique challenges and opportunities for every individual. Our goal is to help you take the mystery out of preparing for the future and make the most out of your assets.
Our Simple and Laid-Back Process
If you qualify, Jimmy will complete a financial plan without cost or obligation in order for you to see the value in working with us at Baobab Wealth Management. This also gives us a chance to get to know you to make sure that it is a good fit both ways.
1. Schedule A Free Introductory Visit
We’ll get to know each other, explore your questions, concerns, and dreams. To determine if we are the right fit, I’ll explain how I work and draw up a simple financial plan for you so you can see the value of having a plan for your money.
2. Create An In-Depth Plan
We’ll dig deeper into your dreams and goals and find the why behind them, gathering the relevant data and documents. Once the questions are answered and the boxes ticked off, we will present your customized plan and share our solutions to your financial concerns.
3. Implement Your Strategy
We’ll take your tailor-made financial plan and implement all the details, getting you even closer to not only your goals, but financial peace of mind. Then, we’ll meet at least once a year to continuously monitor the results and adjust our overall strategy if necessary
Our Transparent Fees
After reviewing your plan, if you are interested in moving forward, Jimmy will be able to discuss a fee on the assets managed (usually between 0.75% – 1.00% depending on complexity). We don’t want you to wonder what you’re paying for the services you receive. Baobab Wealth Management charges a percentage of assets under management and all our planning fees and services are included. Your fee covers annual reviews, portfolio management, financial planning through Money Guide Pro and Riskalyze, ongoing monitoring, tax forms, plan updates, and everything else.
Here’s How it Works
Not Everyone is Right for Our Firm
We are very selective of the people that we choose to bring on as clients. This is because we only build long-term planning relationships with people who we like and care about.
If you just want to open an IRA and manage it yourself, then Jimmy is not for you. There are plenty of online brokerages or banks that would be happy to assist with that.
If you only want to purchase an insurance policy, then Jimmy is not for you. There are plenty of insurance salesmen who would be happy to sell you a policy.
But, if you are looking for a trusted advisor who works to understands both your life goals and financial goals along with the finer points of financial planning, then you should talk with us.