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INSIGHTS FROM TOM MORAN AIF®

Chairman, CEO and CIO, Moran Wealth Management ®

s the financial advisory profession has grown dramatically over the past decade,
investors have more choices than ever before in how they invest their hard-earned
Asavings. It’s important to consider asking your current or prospective advisor the
following essential questions to make sure that you are making the most informed invest-
ment and advisory decisions.
ARE YOU A FIDUCIARY?
A client should clarify what type of standards their advisor adheres to, as many are not
legally bound to give objective advice. Advisors who are fiduciaries are required to make
recommendations based on the best interests of their clients. A fiduciary relationship can
help ensure that there is no conflict of interest between you and your advisor. Advisors at
a Registered Investment Advisor (RIA), such as Moran Wealth Management ® , are legally
required to always act as fiduciaries. Many accreditations such as a Certified Financial
Planner ® (CFP) or Accredited Investment Fiduciary® would also demonstrate that an advisor
ART DARK HOW ARE YOU COMPENSATED?
works within a fiduciary capacity.

after
Clients should have a good understanding of the costs associated with both the services
ART • Fee-only: advisors only earn compensation for their services through the fees their clients
and underlying investments being recommended, including if there are any minimums.
There are generally three types of compensation options:
pay. Oftentimes, the fee is based on the assets the advisor is responsible for managing;
they earn more when investments values increase and less when values decrease.
• Fee-based: advisors may earn compensation directly through client fees and other com-
after
missions for products they recommend, such as insurance, mutual funds, and brokerage
DARK • Commission: costs are based on each transaction in a particular product or investment
fees.
vehicle.
DO YOU HAVE EXPERIENCE WORKING WITH CLIENTS SIMILAR TO ME?
The relationship you have with your advisor is key. Finding someone who understands your cir-
cumstances, needs and desires ensure that your experience is based on confidence and trust.
WHAT ARE YOUR QUALIFICATIONS?
There are many paths to becoming a financial advisor. All these paths and certifications
require a stringent standard of mastery and ongoing education.
WHAT IS YOUR INVESTMENT PHILOSOPHY AND HOW DO YOU MANAGE INVESTMENT
t’s January. Paws Pet Boutique, Shannon Green Jewelers, Pure Design, You’ve PORTFOLIOS FOR YOUR CLIENTS?
It’s a new year and a time for new beginnings! Got It Coming, Bleu Cellars and Guess-Fisher Gallery are open Ideally clients should identify how the advisor addresses factors like risk, returns, costs, and
ITransitions are a constant here, but many in Southwest Florida their regular hours through season. Sweet Liberty and a variety of tax consequences. Investment philosophy includes methodology, as well as investment vehi-
hristmas is on its way this month and is a time of the year are as close to “back to normal” as they can be. Napoli’s on the Bay,
lost everything, so they have no choice but to look into fresh starts. charter boats on the Naples City Dock are available to enjoy the cles—like stocks, bonds, mutual funds, or ETFs—used to create your own personalized strategy.
when family and friends get together and share memories of Chez Boët, Paws Pet Boutique, Bleu Provence, Random Acts of Art,
Even though it was disastrous, many things have come out of this water with fishing adventures or a lovely sunset cruise with family WHAT CAN I EXPECT IF I WORK WITH YOU?
Cdays gone by. The days during the last few months have been
Guess-Fisher Gallery, and Phil Fisher Gallery are glad to be some of
situation that can be considered a positive. We are in a season of and friends. Service standards vary greatly, so be sure to ask about the frequency of meetings, inter-
challenging, at the very least, for many in Southwest Florida. A large those businesses that have come back! Just in time for the Christmas
Phil Fisher Gallery is hosting a special show for the month, titled
change which is unavoidable, but we are still in “paradise,” waking season, they welcome residents and seasonal residents to another year actions, and accessibility. Consider your own needs and preferences—do you prefer more
number of people are still trying to make sense of their options. Many
up to beautiful weather, the sun shining and caring friends around "Beautiful Beaches” featuring paintings by Jan Ellen Atkielski, hands-on or more independence—to help ensure that it’s compatible with the approach
heartbreaking stories have surfaced as well as stories to warm the unlike any other. This month, the Phil Fisher Gallery will be hosting a being described.
us. Most of the businesses in Crayton Cove have opened and Phil Fisher, Janet Kirby and Natalie Guess. Come and experience
show titled “Stocking Stuffers” which will feature small originals and
heart and soul of our community. In Naples, a number of the stores
are welcoming customers. Bleu Provence, Chez Boët, Napoli on the charm of the artwork in their final season in this location. Where Answers to questions such as these can provide awareness about the individual you are
prints of scenes of Naples that might make great gifts! Crayton Cove is
and restaurants that were closed, have rebuilt and opened with some
th
th
the Bay and The Dock at Crayton Cove are serving their award 12 Avenue S and 8 Street S. meet at the flagpole by the bay, the considering, but ultimately, selecting a financial advisor comes down to relationships.
located at the intersection of 8th St. S. and 12th Ave. S. at the flagpole
still working on details that could take a few more months. The busi-
Can you envision a long-term partnership with this advisor? The decision to team up with
winning cuisine daily. Phil Fisher Gallery, Random Acts of Art, commercial beginnings of Naples. a professional advisor should be based on your own level of confidence and trust.
by the Naples Bay and the Naples City Dock.
nesses in Crayton Cove feel blessed to have weathered the storm and
P: (239) 920.4440 I Thomas.Moran@MoranWM.com I www.MoranWM.com I 5801 Pelican Bay Boulevard, Suite 110, Naples, FL 34108
Moran Wealth Management ® , LLC is a registered investment adviser. For additional information about Moran Wealth Management®, LLC, including its services
www.PhilFisherFineArt.com www.GalleriesOfCraytonCove.com www.Guess-FisherGallery.com and fees, request the firm’s disclosure brochure using the contact information above or visit advisorinfo.sec.gov. Moran Wealth Management®️ is a separate
www.GalleriesOfCraytonCove.com www.PhilFisherFineArt.com www.Guess-FisherGallery.com entity and not affiliated with any other entity or practice that uses the same name.
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