Our Move to Independence
To provide you the best possible service, we have recently become a completely independent registered investment advisor. We will be leveraging Charles Schwab & Co. as our custodian, and you’ll have access to an even greater bank of resources. We have also rebranded our practice, and our new name is Liberty Square Wealth Partners!
As fiduciaries, fierce independence is important to us because it allows us to put your priorities above all else. We are always looking for ways to enhance your planning experience, and we are incredibly excited about how this transition allows us to do that.
To learn more about this change, please read our FAQs below. And of course, if you have any questions at all, don’t hesitate to reach out to us! We are here and ready to chat with you, as always. We are honored to serve you and your family, and we are so excited to grow together in the years to come.
FAQs
Why did you decide to transition?
Simply put, we want to serve you better and better every day, and this transition empowers us to do that. As an independent practice, we have freedom to select from a wide range of financial products and solutions and help you choose what’s best for you and your goals.
Every decision we make is based on how we can best support you, from Allen and Jerry’s collaborative approach to this transition and alliance with Charles Schwab. As our client, you have experienced advisors who know and care about you, a team built to last for generations, access to industry-leading technology and resources, and a well-established institution safeguarding your assets.
Will I be working with the same advisors?
Of course! Although the company name on your statements has changed, our relationships with you will not. We are still the same practice, just with enhanced resources and abilities, and you’ll still be working closely with Allen and Jerry—they wouldn’t have it any other way.
What do I need to do?
The main thing we need from you is permission to transfer your accounts. Once we have that, you’ll receive two emails—one from our team at Liberty Square and one from Charles Schwab. We ask that you review the personal information within, make any edits if necessary, then sign the paperwork (electronically, via Schwab Digital Onboarding and DocuSign) and send it back to us. We will handle the rest!
How will I access my money during the transition?
We’ll work closely with you to ensure you have everything you need before we begin transferring funds. Once the transfers are complete, we’ll make sure it’s easy for you to access your accounts whenever you need.
How will this affect my checking account and recurring transactions?
Our goal is to make this process as seamless as possible, so we’ll make sure all of your transactions have cleared before we transfer any funds. Then our team will help you re-establish any auto-payments or recurring transactions you had in place.
Will this impact my beneficiary designations?
The short answer is no. We’ll work with you to make sure every detail is transferred accurately as we transition your accounts. That said, if you need to update your beneficiaries, we are happy to help you do so at this time.
Will this affect my RMDs or QCDs?
As always, we will be proactively monitoring your financial plan, and part of that means making sure you meet your required minimum distributions and/or qualified charitable distributions before the end of the tax year. Once your accounts are transferred, we will confirm the amounts and ensure you are on track to meet your RMD/QCD requirements.
How can I view my accounts?
Our new platform gives you online access to all your Schwab accounts. Plus, you’ll have the ability to link third-party accounts, so you can see your whole financial picture in one place. Once everything has been transferred, we’ll help you set up your login credentials.