Terry Balding & Associates - Individual

Professional Money Management & Investing

Professional Money Management
Investing Concepts
Fees for Service 

Professional Money Management
Terry Balding & Associates can develop a professionally managed portfolio specifically designed for you. Set up an appointment today to discuss your investing needs.

Get objective advice.
By developing investment accounts for our clients using our fee-based system, we avoid the normal conflict of interest that occurs with commission sales people.

Our relationship with Harbour Investments, Inc., an independent brokerage firm, protects us from the pressures created by firms with in-house products, or a controlling parent company.

As a Certified Financial Planner, I adhere to the CFP Board code of ethics. The CFP Board also requires full disclosure, something many salespeople don't provide.

Develop a financial plan that works for you.
Listening to your needs and desires is the key to developing an investment plan that works for you. We care about your financial objectives. We take the time to understand.

Custom tailored investments.
It only makes sense to have investments that are specifically designed to meet your needs. We take great care to develop an investment plan made just for you. Only after you are satisfied that the investment plan we are recommending meets your needs, do we proceed.

Results.
By choosing from the most promising investments, instead of a brokerage firm's stock or bond of the week list, our clients have more opportunity, and less conflicts of interest.

Choice.
We offer you the choice of mutual funds, fixed or variable annuities, stocks and bonds.

We offer you the choice of fee-only, fee-based, or commission only investing.

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Investing Concepts
There are many factors to consider when deciding where to put your money. Investment Strategies and Investment Myths for Seniors will get you started in the right direction. 

To get help with your decision making process, contact Terry Balding, a professional who can assist you.

Investment Strategies
Investment Myths for Seniors

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Fees for Service
Terry Balding & Associates offers their clients the choice of 
1) fee only, 
2) fee based, or 
3) commission based service.

Fee Only 
The advisor receives fees directly from the client, and no other compensation of any kind, from any other source. The advantage of this method of payment is that it eliminates any potential conflict of interest that may come were additional compensation to be paid to the advisor from a source other than the client. The most common source of additional compensation is 12b-1 service fees from mutual funds. These are service fees designed to compensate the advisor for the cost of providing service. The disadvantage of this method is that it eliminates the use of many No-Load funds, and Load Funds that can be purchased with out the load.

Fee Based
A fee is paid to the advisor by the client, and in addition the advisor may receive 12b-1 fees or commissions. The advantage of this method is the unlimited number of investments available. The investor may purchase any No-Load or Load fund. Typically the advisor will buy load funds without the load, or credit the load against any fees due. The disadvantage is the possible conflict of interest.

Commission
The advisor is paid a commission to sell you a product. The advantage of this method is its low cost. You may pay one small commission to buy an investment and hold it all your life. The disadvantages are many. First it turns your "Advisor" into a sales person. Secondly, if you need to change investments, you will pay a commission again. This additional cost is a deterrent that may cause your advisor to be slow in recommending needed changes. The largest disadvantage is that an advisor who was paid once five years ago cannot spend much time on this account. 

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