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Frequently Asked Questions
At Wilsey Asset Management, we believe informed investors make better decisions. Below you’ll find answers to some of the most common questions about our investment philosophy, financial planning process, fees, and client onboarding. These FAQs are designed to help you understand how we work, what sets us apart, and how we can help you reach your financial goals with confidence.
Wilsey Asset Management is an SEC Registered Investment Advisory firm and acts in a fiduciary manner. As a fiduciary, it is our duty to put our clients' interest first.
Compensation is paid on a percentage basis and is based on the account value. Fee-based only, no sales commissions or back end charges. The financial planning service is fee-based, the fee varies depending on the complexity and time commitment necessary to provide the service.
I worked my way through college as an accountant at Food Maker, the parent company of Jack in the Box (NYSE: JBX). I graduated with my MBA from National University and started a small practice managing taxes and money. After being recruited by Great American Bank to manage money for their clients, I worked as an LPL Financial advisor and formed my firm, Wilsey Asset Management in 2006.
I have hosted the "Smart Investing" radio show on 760AM-KFMB for over 18 years. I wrote a weekly financial column for the San Diego Daily Transcript, and have converted this to the weekly Smart Investing Newsletter. I have also appeared as a guest financial commentator on local and national broadcast news stations such as CNBC, CNN, Bloomberg, and Fox Business.
We offer investment services for both Individually managed accounts & business accounts. This includes retirement and non-retirement money. We also offer fee-based financial planning to help clients make efficient financial decisions to assist them to achieve their goals.
Our investment approach is based on finding good quality investments at a fair price. We do not like to trade in and out of stocks as this is often favorable for Wall Street and costly to investors. We instead like to take a Warren Buffet type approach and hold companies until they become overvalued. Our financial planning approach begins with understanding a client’s values and goals.
By discovering what is most important to the client, we can make appropriate recommendations to be sure all financial decisions are aligned with their values and goals. This approach is strictly constructed to assist clients navigate through the difficult decisions facing them in terms of personal finance; it is not a sales tool for generating commissions. Through the process, retirement and Social Security, all types of insurance, tax planning, debt planning, education planning, cash-flow management, and legacy planning to be certain the client’s financial house remains in order.
Yes, upon request.
As often as you would like. Wilsey Asset Management hosts semi-annual brunch events for our clients, to keep you updated and informed on the investments in the portfolio. Wilsey Asset Management also has a policy to respond to client inquiries and questions within a 24-hour window.
We maintain a perfect record with no complaints, an uncommon distinction within the financial services industry.