Elements 5 Investment Management will work with clients remotely. Elements 5 offers comprehensive wealth management, investment management, and financial planning.
Compensation methods accepted
Assets Under Management (AUM)
Fixed fee based on assets or financial circumstances.
Required education for senior advisors in the firm
Advanced education in Finance or a related area
CFP® (Certified Financial Planners)
CFA® (Chartered Financial Analyst)
JD (Juris Doctor)
CIMA® (Certified Investment Management Analyst)
Link to SEC/state registration:
David B. Schram
As an attorney for almost 20 years, I’ve been giving advice to clients to help them solve complex legal problems to achieve an outcome that they desire. I started my own financial planning and investment advisory firm to continue doing the same, just in a different area that I love, respect, and am truly fascinated by, and without having obligations to anyone else but to my clients.
Representatives of brokers-dealers, banks and other financial institutions who sell products (like annuities and mutual funds) have an obligation to their employers to sell those products and earn commissions; a true fiduciary who is only paid directly by the client has an obligation only to the client. Disclosing conflicts, whether by a fiduciary or institutional rep, is helpful but it is impossible for these representatives to avoid conflicts when they earn commissions or have obligations to the institution.
There is a real impact on clients when they receive complete, objective advice and solutions crafted in their best interest, including all of the relevant information. They are able to make informed decisions about how they want to use the advice or how to instruct their adviser on its implementation. We think this gives clients the greatest probability of achieving success in reaching their goals.
Elements 5 Best Practices
Elements 5 Investment Management’s ADV Part II