DIRECTORY OF REGISTERED ADVISORS
National Coverage
Local Professionals
Wayzata, MN 55391
651-299-1970
Financial Planning for Those Nearing or in Retirement.
About Fiat Wealth Management
The Fiat Name
In economic textbooks, the term 'fiat currency' is loosely defined as 'faith-based currency.
The U.S. dollar is today a fiat currency, meaning that it has no physical backing such as gold or silver. Critics argue that this is a weakness. Fiat, however, sees this as an example of the importance of trust, and even faith, for economic relationships to exist. When a parent gives a child a dollar for school, it is a vote of confidence and faith.
When an individual invests a dollar, they do so because they have faith that the underlying business will succeed. Without some amount of faith in each other, economic relationships both on a large and small scale cannot exist.
Trust is the bedrock of the work at Fiat Wealth Management.
See Disclosures
General Information
Firm Start Year
2009
No. of Employees
10-19
Firm CRD#
318201
Name of Custodial Firm
Charles Schwab
Years of Experience in Financial Services
16
Number of Years with Current Firm
16
Work with the following types of clients
Individual Investors, Those Nearing or in Retirement
Advisory Services Provided
Financial Planning for Individuals, Financial Planning for Businesses, Tax Advice and Services, Education Funding and Planning, Financial Advice & Consulting, Investment Advice & Management, Risk Management, Money Management, Wealth Management, 401K Rollovers, Retirement Planning, Portfolio Management, Financial Planning, Insurance Products & Annuities, Estate Planning & Trusts
Services
Investment Types
Exchange Traded Funds (ETFs), Insurance, Annuities, Stocks, Bonds, Alternative Investments
Can meet clients in the following ways
Phone, Our Office, Our Offices, Video Conference, Email
Compliance
Registered Investment Advisor
Yes
Registered Representative
Yes
Acknowledged fiduciary
Yes
Compliance Disclosures in Last 5 years
I have a clean record
Criminal Disclosures in Last 5 years
I have a clean record
Qualifications & Membership
Certifications, Accreditations & Designations
CFP®, RICP®
Securities Licenses
Series 65
Insurance and Annuity Licenses
Long Term Care, Health, Annuity
Firm Information
Assets Managed by Firm
$480,000,000
Compensation and Fees
Fee Structure
Fee-Based
Minimum Portfolio Size for New Managed Accounts
$500,000
Compensation Methods
Based on Assets, Flat Fee
Minimum Fee Charged for Managed Accounts
$3,500
Minimum Fee Charged for Hourly Planning Accounts
$3,500
Disclosures
FinancialAdvisor.net provides referrals to financial professionals. FinancialAdvisor.net is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for FinancialAdvisor.net to make these referrals, resulting in a conflict of interest.
Additional Detailed Disclosures
https://www.financialadvisor.net/disclosure/1892494/financialadvisor-Fiat-Wealth-Management-detailed-disclosure.html
Disclaimer
Fiat Wealth Management, LLC is registered as an investment advisor with the SEC and only conducts business in states where it is properly registered or is excluded from registration requirements. Registration is not an endorsement of the firm by securities regulators and does not mean the advisor has achieved a specific level of skill or ability. The firm is not engaged in the practice of law or accounting.