FREQUENTLY ASKED QUESTIONS

Why should I work with a CPA Financial Planner?


CPAs are the only regulated financial planners. They are licensed and rigorously trained, and follow stringent ethical standards, acting always in your best interest. CPA professionals apply these strengths to your financial future -- objectively evaluating everything from retirement plans and educational funding to tax and estate planning. All with the highest level of integrity.




Is my money safe?


Your money is held at a custodian brokerage firm, which is insured by the SIPC for up to $500,000 per account type and is protected against losses resulting from the failure of a broker-dealer. Our currently recommended custodian, Charles Schwab & Co. has insurance in addition to the SIPC coverage. Please note, unlike FDIC insurance for banks, SIPC does not protect against losses due to normal swings in the market. An explanatory brochure is available at http://www.sipc.org.




I have accounts in lots of different places, can you help me get organized?


Yes we can! It is common that over time people have many accounts spread out in different places. Whether it is an old 401(k) account from an employer you have left years ago, or a brokerage account you setup when you were trading stocks with your buddies, we can advise you on the tax treatment of these accounts and best ways to consolidate and aggregate them.




What is a Fiduciary and why does it matter to me?


A fiduciary has the highest ethical obligation to put your interests ahead of their compensation and any other considerations. All advisors at Investment Advisory Professionals are fiduciaries and we wouldn't have it any other way.




Where are you located?


We are located in downtown Boca Raton, Florida and we have a branch office in West Palm Beach, Florida.




Do you work with clients outside of South Florida?


Yes we do! A large amount of our clients do not live in the South Florida area. We are able to work with clients around the country using phone and virtual meetings and screen sharing programs like Zoom to review financial plans together online. We also use ShareFile, a virtual vault, to store and transmit sensitive client information.




How do I setup an initial consulation?


You can fill out our contact form here or you can call our office at 561-391-4477.




What do your designations mean? CPA/PFS and CFP®


See pages 8-9 of our Form ADV Part IIB-Brochure Supplement for descriptions of our designations and corresponding education and renewal requirements.




How do you get paid?


Investment Advisory Professionals, LLC is a fee-only financial planning and investment advisory firm, which means our only compensation comes from fees we receive from you. We do not get paid any commissions, kicks backs, “trails”, or any other fees other than the fee we charge you.




What value does your CPA knowledge bring to my situation?


As trusted advisors to investors and taxpayers, CPAs develop a level of knowledge in an expansive list of important topics. We get deeply involved with clients and can lend a well-rounded opinion to most financial and planning situations.