Frequently Asked Questions


QUESTION:  What fees do you charge?


Disability Insurance & Life Insurance Fees

  • We act as your agent.  The insurance company pays agents a commission.  Clients do not pay us.

Wealth Management Fees

For accounts over $20,000, we follow the schedule below:

  • $20,000 - $250,000 - 1.00%*  ($100 per $10,000 invested)
  • $250,001 - $500,000 -  0.09%* ($90 per $10,000 invested)
  • $500,001 - $1,000,000 -  0.08%*  ($80 per $10,000 invested)
  • $1,000,001 and up - .07%*  ($70 per $10,000 invested)
    *additional fees charged by the underlying funds and management platform will apply.

For accounts under $20,000, our portfolios are built using loaded mutual funds.  

  • Example:  front end fee (A share: 5.75% estimated) or level fee (C share: 1.00% estimated) plus the fund's expense ratio.

Financial Planning Service Fees

  • We charge $145 per month.

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QUESTION:  Can I work with you if I live outside of Ohio?

  • Yes, our financial planners are multi-state licensed and work with physicians in many states across the country.  As of May, 2016 we have securitiy licenses for the following states: AZ, CA, DC, FL, GA, IL, IN, MI, MO, NC, ND, NJ, NV, NY, OH, PA, SD, TX, VA, WA, MN.  We have life & health licenses in the following states:  AZ, CA, CT, FL, GA, IL, IN, KS, MI, MO, MS, NC, NJ, NY, OH, PA, FL, VT.  State licensing is subject to change.  Please contact us to inquire if we are licensed in your state. 

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QUESTION:  Do I need multiple medical exams if I apply for disability AND life insurance?

  • No, by using our extensive network of insurance companies we can use one medical exam for life & disability insurance.  We can also use one medical exam across multiple insurance companies.  Our network of insurance providers enables us with the ability to compare pricing specific to your needs and your health.

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QUESTION:  Do you follow a fiduciary standard?

  • Yes, we are Investment Advisor Representaties through Cambridge Investment Research.  We follow a fiduciary standard. The fiduciary duty requires us, by law, to act in the best interest of our clients, putting your interests ahead of our own at all times.  In addition to putting your interests ahead of  our own, we also adhere to the duties of loyalty and care. We provide up-front disclosures to you, before any contracts are signed to provide investment advice.  We are happy to discuss important topics such as our qualifications, services provided, compensation, range of fees, methods of analysis, record of any disciplinary actions and possible conflicts of interest.  

QUESTION:  What are the benefits of working with an independent financial planning group like BattDouglas?

  • By being independent, we provide unbiased comparisons from multiple highly-rated life & disability insurance companies. Through our broker dealer, Cambridge Investment Research, we work with multiple mutual fund, ETF, annuity, and investment providers.  By using combinations of these investment options we create diversified portfolios for our clients.  As the industry changes, with new products and technology, we adapt and keep our clients at the forefront.
  • By being independent, we personally see to the maintenance and service of your accounts.  Our staff makes sure all of your requests are accurately executed and on time.  You have direct access to your financial planner and staff.   You have on-line access to your accounts 24/7/365. 

 

Disclaimer:
Registered Representative. Securities offered through Cambridge Investment Research, Inc.,  a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representative Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and BattDouglas are not affiliated. This communication is strictly intended for individuals residing in the states of CA, CO, FL, GA, IN, MO, NY, OH, PA. No offers may be made or accepted from any resident outside the specific state(s) referenced. Cambridge does not provide tax advice."

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