Paladin Research Report For:
Camarda Wealth Advisory Group
About Camarda Wealth Advisory Group
5 key things set Camarda apart:
1. Real Fiduciary
Camarda is a dedicated fiduciary advisor, legally bound to put your interests first. We accept no compensation besides fully disclosed fees. Clients only pay for work they ask us to do.
That's not true for something like 90% of advisors who are either straight commission, or worse, have both fiduciary and commission licenses. Such advisors may gain your trust as fiduciaries, but perhaps later switch hats, and charge you expensive but hard-to-spot commissions. We take fiduciary responsibility seriously. Our duty is to protect your best interests.
2. Credentialed & Experienced Advisory Team
Finding any licensed investment advisor is easy hundreds of thousands have securities licenses. We think such licenses are too easy to get. No college, experience, or financial background is required. Smart wealth is complicated stuff. There's a lot on the line, including your quality of life, retirement, and family legacy. Getting it right is critically important. Camarda has PhDs on the team, as well as many advanced credentials, including IRS-admitted tax practitioners, and CFA®s. Approximately 2% of advisors have the CFA®. But if you want investment advice, don't you want a team with recognized expertise?
3. "Total Wealth Care"
Finding a CFA®-grade fiduciary advisor is hard enough. Finding a team expert in the other things you probably care about like tax reduction strategy, estate planning and trust design, asset protection, real estate, insurance, and business planning, is even harder to find. Luckily, you found us! The Camarda Group is experienced and knowledgeable in all these areas, and more. One quarterback, one team, one systematized, completely integrated wealth management process. You may have struggled in the past with finding a depth and bandwidth of expertise, but not here.
4. Proactive Portfolio Management
Many advisors are religiously buy-and-hold or have similar passive strategies that make no effort to get out of the way of major market meltdowns. But if you're hit with a bear market in or near retirement, wealth can be erased forever&
We think that can be a big mistake. While the market's long-term trend is generally up, sometimes severe plunges occur which can be devastating especially in or near retirement. A frequent investor complaint after such plunges is "my advisor did nothing to protect me." In contrast, we are extremely proactive managers. We watch the markets closely on an ongoing basis. We stand ready to make the moves we feel necessary to both optimize results and avoid losses.
5. Consistent National Recognition
With decades of experience, Camarda is proud to have been repeatedly nationally featured*, including in The Wall Street Journal, Barron's, Forbes, Bloomberg, Investopedia, and more.
*(Camarda did not pay for these recognitions. Barron's, a Dow Jones Company, most recently recognized Camarda 3/14/20 based on data through 9/30/19. Forbes most recently recognized Camarda on 4/3/24, based on SHOOK Research, LLC data as of 6/30/23. Please see https://camarda.com/faq)
General Information
Firm Start Year
- 1993
No. of Employees
- 20-49
automated call
- Yes
CRD#
- 1321857
Firm CRD#
- 113784
Insurance License#
- A038669 - Florida Fiduciary/No Commissions Licence
Name of Custodial Firm
- Schwab
States Licensed in
- National
Years of Experience in Financial Services
- 40
Number of Years with Current Firm
- 32
Work Experience
- I've made it my life mission to bring super quality, impartial wealth wisdom to folks like you. The sort I think you've probably dreamt about, or assumed you had, but never really found. If you let us, our team will get you a clear, trustworthy, customized plan for the important challenges that matter most. Like protecting your wealth from big losses, liability and lawsuits, and financial predators. Preserving and properly controlling your estate to benefit your family and others as you see fit. Converting exorbitant income and estate taxes into additional family wealth. Generating the retirement income you need to live as you please. And so, so much more. Here's some background on the path that led me here.
My first business was as an antiques "picker" while a college student in upstate New York. As I prepared my own tax returns at the tender age of 22, I realized the incredible importance of learning tax law to protect my emerging wealth. So began my lifelong journey of financial education to wealth mastery.
Shortly after college, in 1984 and still in New York, I became a successful stockbroker. In all the time since then there's not one client complaint on my license record. I've since completed the CFP®, ChFC® and CLU® financial planning designations, the CFS®, BCM", & highly-regarded CFA® investments programs. I earned the Federal EA tax license, with unlimited IRS representation and practice rights and attorney/client privilege for tax advice.
I finished Master's and Doctorate's degrees in Financial Planning, and completed a Masters in Tax Law (same program and testing as LLM) with Estate Planning Certification at Georgetown Law School.
I've been consistently recognized as a Top Advisor by Barron's, Forbes & more*, and been repeatedly interviewed by Barron's, ,and the Wall Street Journal has repeatedly published feature articles on my advice. I've written hundreds of published articles, whitepapers, a column for Forbes on advanced wealth, and several books, the most recent of which " The Financial Storm Warning for Investors" was an Amazon bestseller.**
And yes, my advisor work is as a fee-only fiduciary, always putting clients first. We hope to hear from you!
*(Camarda did not pay for these recognitions. Barron's, a Dow Jones Company, most recently recognized Camarda on March 14, 2020, based on data through September 30, 2019. Forbes most recently recognized Camarda on April 3, 2024, based on SHOOK Research, LLC data as of June 30, 2023.)
**(Rating was provided by Amazon in February 2022 based on book sales as of February 28, 2022. Camarda did not pay for this recognition.)
Work with the following types of clients
- Businesses, Non-Profit Organizations, Individual Investors
Advisory Services Provided
- Investment Advice & Management, Financial Advice & Consulting, Estate Planning & Trusts, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Financial Planning for Individuals, Financial Planning for Businesses, Tax Advice and Services, Legal Advice and Services, Education Funding and Planning
Compliance
Registered Investment Advisor
- 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
- CFA®, EA
Securities Licenses
- Series 65
Firm Information
Firm's Number of Clients
- about 500
Firm's Number of Planning Clients
- about 500
Firm's Number of Managed Clients
- about 500
Assets Managed by Firm
- $350,000,000
Advisor's Number of Clients
- about 500
Assets Managed by Advisor
- $340,000,000
Compensation and Fees
Fee Structure
- Fee-Only
Minimum Portfolio Size for New Managed Accounts
- Typical accounts $1M+
Compensation Methods
- Based on Assets
Fee % Based on Assets
- ~1.5%
Additional Details on Charges
- Fee percentage varies based on relationship size. 1.5% applies to accounts between 1-10M. Typical new accounts are $1M+. Lower fees are applicable to clients who do not wish Full Service Financial Planning. Please see ADV and CRS documents for extensive detail.
Education
PhD Financial & Retirment Planning - Financial & Retirment Planning
American College of Financial Services
2014 -10/02/2030
Master of Tax Law - Tax Law
Georgetown University Law School
2021 -2023
Master of Science Financial Planning - Financial Planning
American College of Financial Services
2013 -2014
Law School Certified In Estate Planning - Estate Planning & Estate Tax
Georgetown University Law School
2021 -2023
Disclosures
PaladinRegistry.com provides referrals to financial professionals. PaladinRegistry.com is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for PaladinRegistry.com to make these referrals, resulting in a conflict of interest.
Additional Detailed Disclosures
https://www.paladinregistry.com/disclosure/1891935/paladinregistry-Camarda-Wealth-Advisory-Group-detailed-disclosure.html
Disclaimer
Please see https://camarda.com/important-disclosure/
Paladin Advisors