Paladin Research Report For:

Adam Chaney

Optimal Wealth

CFP®CRPC®
534 Buck Collins Rd
(also Downers Grove, IL & San Tan Valley, AZ)
Forest City, NC 28043
630-544-5350

About Adam Chaney

Adam joined OWI in 2013 after a lengthy career within the financial industry. He traded financial securities, derivatives, and investments for hedge funds and proprietary groups for 15 years, including nearly a two-year stint in London, UK. The ethical values and investment approach of OWI were significant reasons for his lane change within the financial industry. Adam's experience and knowledge base put him in great position to help individuals and families plan their financial future, with a particular focus on retirement strategies and planning. Adam recently moved to North Carolina with his wonderful, wife Rachel and four boys. His hobbies include cooking, Roth conversions, gardening, parenting, educating, and various sports (subject to time!).

See Disclosures

General Information

automated call
  • Yes
CRD#
  • 5163318
Firm CRD#
  • 6413
Insurance License#
  • 17108414
Name of Broker/Dealer
  • LPL Financial Corporation
Name of Custodial Firm
  • LPL Financial Corporation
States Licensed in
  • IL AZ NC SC MI WI MD TX FL GA TN IN OH WA CO MN
Years of Experience in Financial Services
  • 26
Number of Years with Current Firm
  • 13
Work with the following types of clients
  • Businesses, Individual Investors
Advisory Services Provided
  • Financial Advice & Consulting, Investment Advice & Management, Insurance Products & Annuities, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Risk Management

Compliance

Registered Representative
  • Yes
Investment Advisor Representative
  • Yes
Acknowledged fiduciary
  • Yes
Compliance Disclosures in Last 5 years
  • I have a clean record
Criminal Disclosures in Last 5 years
  • I have a clean record

Qualifications & Membership

Certifications, Accreditations & Designations
  • CFP®, CRPC®
Securities Licenses
  • Series 7, Series 66
Insurance and Annuity Licenses
  • Life, Health, Annuity, Accident, Disability, Long Term Care, Variable Life, Variable Annuity

Firm Information

Advisor's Number of Clients
  • 150
Advisor's Number of Managed Clients
  • 125
Advisor's Number of Planning Clients
  • 37
Assets Managed by Advisor
  • $125000000

Compensation and Fees

Fee Structure
  • Fee-Based
Compensation Methods
  • Based on Assets, Hourly, Flat Fee, Commissions
Fee % Based on Assets
  • 0.5-1.5%
Hourly Rate
  • $350
Additional Details on Charges
  • We fully disclose all costs and fees. The industry often presents complicated words and vocabulary, confusing the client. We do our best to simplify language and communicate effectively.
Minimum Fee Charged for Managed Accounts
  • $100
Minimum Fee Charged for Hourly Planning Accounts
  • $480

Education

Bachelors - Finance

Northern Illinois University
08/20/1998 -05/05/2000

Disclosures

PaladinRegistry.com provides referrals to financial professionals of LPL Financial, LLC (LPL). PaladinRegistry.com is not a current client of LPL for brokerage or advisory services. Financial professionals of LPL pay PaladinRegistry.com cash compensation for these referrals, which creates the incentive for PaladinRegistry.com to make these referrals, resulting in a conflict of interest.


LPL ADV 2A

https://www.lpl.com/content/dam/edam/format/disclosure/a58.pdf

Additional Detailed Disclosures

https://www.lpl.com/content/dam/edam/format/disclosure/wiseradvisor-lpl-detailed-disclosures.pdf