Why Choose Us

Before you set out on a mission to develop the 5-Star Retirement Plan, you must first learn a thing or two about today’s financial professionals.

Finding and Hiring the right Advisor 

IT'S TIME TO UNDERSTAND YOUR CHOICES

Before you set out on a mission to develop the 5-Star Retirement Plan, you must first learn a thing or two about today’s financial professionals.

WORKING WITH A SPECIALIST

There are a lot of similarities between doctors and financial advisors.  Working with a financial advisor who specializes in retirement and income planning is vital.  With something serious like your health, you make a point to move past a general practitioner in the event that more specialized care is needed.  You worked a lifetime and sacrificed a lot along the way to get where you are today.  Why would you treat your money, or more importantly the next 30 years of your life, any differently?

Here are some things you should take into consideration. 

SUITABILITY VS FIDUCIARY

The Suitability Standard

Brokers and advisors who operate under the suitability standard offer you products for sale from a range of products carried by the company he or she represents.  They are paid commissions calculated as a percentage of the amount of money you initially invest to the product.  By law, the advice or products they sell you simply must be suitable for you.  Or, in other words, the advice may or may not be the best advice for your given situation or investment objective.

The Fiduciary Standard

An advisor operating under the fiduciary standard must present, by law, the “best advice” he/she can give, taking into consideration the needs, wants and objectives of the individual.  The client’s needs and personal objectives must come first.  Typically, most fiduciary advisors are paid a quarterly fee calculated as a percentage of the assets for which he/she is providing advisory services (not commissions).

The Fiduciary Standard

At W.A. Smith Financial*, our advisors are fiduciaries who operate under a fee-based platform. We specialize in retirement and income planning for retired individuals and those within five to 10 years from retirement. Investment advisory services offered through Great Lakes Retirement, Inc., a registered investment advisor. 

Have Questions for W.A. Smith Financial?

It can be difficult to make financial decisions without access to information. If you have questions or concerns about your current retirement strategy, feel free to contact us using the form below.

  • Can your portfolio handle the stress of retirement? - Free Portfolio Stress Test

    Get a full understanding of the amount of risk, fees and loss exposure within your current portfolio.



  • Investment Advisory Services offered through Great Lakes Retirement, Inc., an SEC-Registered Investment Advisor.