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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">All of the ones that I work with charge a flat percentage per year of the total investments they manage usually 1% and the transfer fees are quite low for purchasing and selling securities
and I've seen this arrangement with Merrill Lynch, Morgan Stanley, and Schwab<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">Bryce H. Dille</span><span style="font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">Dille Law, PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">1800 Cooper Point Road SW Bldg 11<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">Olympia, WA 98502<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">Office: 360-350-0270<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">Cell: 253-579-5561<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:14.0pt;font-family:"Times New Roman",serif;color:red;mso-ligatures:standardcontextual">PLEASE NOTE:
</span></b><span style="font-family:"Times New Roman",serif;color:red;mso-ligatures:standardcontextual">our new address above.</span><span style="font-family:"Times New Roman",serif;mso-ligatures:standardcontextual"><o:p></o:p></span></p>
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<p class="MsoNormal"><b><u><span style="font-family:"Calibri",sans-serif;color:red;mso-ligatures:standardcontextual">** Please note that I use the dictation feature of my iPhone and that sometimes everything I say does not get properly translated**<o:p></o:p></span></u></b></p>
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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">Business Entity Creation and Management, Business, Government and Tax Law, Real Estate and Land Use, Residential, Commercial and Condominium Development Real
Estate and Commercial Transactions & Closings, Including Performing Services as IRS Section 1031 Exchange Facilitator Estate Planning, including Wills and Trusts, and Probate Administration Representation Homeowners/Condominium Association Real Estate Developments
Real Property Foreclosures and Forfeitures.<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif">From:</span></b><span style="font-family:"Calibri",sans-serif"> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Heather de Vrieze<br>
<b>Sent:</b> Monday, October 21, 2024 11:34 AM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> Re: [WSBARP] Recommendation for financial advisor<o:p></o:p></span></p>
</div>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Regina,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Thanks for the thorough explanation, but what I think Chris is looking for is the “golden goose” of financial advisors, that is one that will work on a fee basis alone, with NO requirement of assets under
management or a broker relationship with the client. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">If anyone has some great referrals there, please feel free to share.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Heather<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:16.0pt;font-family:"Vladimir Script";color:#1F497D;mso-ligatures:standardcontextual">Heather S. de Vrieze</span><b><span style="font-size:16.0pt;color:#1F497D;mso-ligatures:standardcontextual"><br>
</span></b><i><span style="font-size:12.0pt;font-family:"Garamond",serif;color:#1F497D;mso-ligatures:standardcontextual">Attorney-at-Law</span></i><i><span style="font-family:"Garamond",serif;color:#1F497D"><o:p></o:p></span></i></p>
<p class="MsoNormal"><i><span style="font-size:12.0pt;font-family:"Garamond",serif;color:#1F497D"><img width="189" height="105" style="width:1.9687in;height:1.0937in" id="Picture_x0020_1" src="cid:image004.jpg@01DB23AE.F671B3D0"></span></i><i><span style="font-size:12.0pt;font-family:"Garamond",serif;color:#1F497D;mso-ligatures:standardcontextual"><o:p></o:p></span></i></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:Nyala;color:#44524E;mso-ligatures:standardcontextual">3909 California Avenue SW<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:Nyala;color:#44524E;mso-ligatures:standardcontextual">Seattle, WA 98116-3705
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:Nyala;color:#44524E;mso-ligatures:standardcontextual">(206)938-5500
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;mso-ligatures:standardcontextual"><a href="mailto:heatherd@westseattlelaw.com"><span style="font-size:10.0pt;font-family:Nyala;color:#44524E">heatherd@westseattlelaw.com</span></a></span><span style="font-size:10.0pt;font-family:Nyala;color:#44524E;mso-ligatures:standardcontextual">
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;mso-ligatures:standardcontextual"><a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__www.westseattlelaw.com_&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=ZjJT61sMYHYXW1a7W0qvaz-zO3o_Ea2RRxXvW5Yr3-0&m=U7uODT_jcqopcvpLP_ZGpsDmYdYNwAouSx_6dy22iGlHxIfiFIRpLPdBcx_t0jeO&s=78ODdSXZTxEJTjvGyey5RDj6-t6IWcujTaoKt9y5ySo&e="><span style="font-size:10.0pt;font-family:Nyala;color:#44524E">www.westseattlelaw.com</span></a></span><span style="font-size:10.0pt;font-family:Nyala;color:#44524E;mso-ligatures:standardcontextual">
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:Nyala;color:red;mso-ligatures:standardcontextual"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#002E8A;mso-ligatures:standardcontextual">Click here to connect with de Vrieze | Carney on Facebook:
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<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif">From:</span></b><span style="font-family:"Calibri",sans-serif">
<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> <<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a>>
<b>On Behalf Of </b>Bellody, Regina M<br>
<b>Sent:</b> Monday, October 21, 2024 11:26 AM<br>
<b>To:</b> WSBA Real Property Listserv <<a href="mailto:wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a>><br>
<b>Subject:</b> Re: [WSBARP] Recommendation for financial advisor<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Hi Chris, <o:p>
</o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">I am an active member who works as a client advisor in the wealth management industry, where I focus on planning and trust administration for clients with complex needs (trusts, family businesses,
real estate). Happy to help with a referral, if you can narrow down the scope a bit.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">In the industry, there are fiduciaries (like myself) who provide comprehensive planning for clients who have assets under management with the Bank (and typically, trusts and a banking relationship).
We also have a dedicated planning team with three staff in our Seattle office, also included in that AUM management fee. Our clients regularly call on us to make informed decisions in all areas of life.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Several entities like US Bank engage in regular planning advice for clients through life changes and have differing fee minimums (our group is $3M in managed assets, which can also be met via
loans and banking relationships). As fiduciaries, we are bound to always act in the client’s best interests and are compensated with high salaries (no commissions). The lowest AUM relationship I am aware of is $1M (Northern Trust).
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">On the other hand, there are broker dealers, like Goldman, Morgan Stanley, Edward Jones etc., who are sales focused and earn the majority of their compensation through commissions. They are
not bound to act in clients best interests and will often advertise planning services as a path to manage assets and earn commissions via securities transactions. They typically have lower minimums as well.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Finally, there are fee only planners who charge an hourly rate and do not manage assets, but they are harder to find. If your client does not have assets they would like to manage and grow,
this would be the best fit. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Happy to connect directly if helpful, to answer further questions.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Regina<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:9.0pt;font-family:"Arial",sans-serif">Regina M. Bellody, JD, CTFA, CAP<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial",sans-serif">Vice President | Senior Private Wealth Advisor | U.S. Bank Private Wealth Management
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial",sans-serif">o. 206.344.5311 | m. 206.920.8926 | client service. 888.265.7962 |
</span><span style="font-family:"Calibri",sans-serif"><a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__regina.bellody-40usbank.com&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=ZjJT61sMYHYXW1a7W0qvaz-zO3o_Ea2RRxXvW5Yr3-0&m=U7uODT_jcqopcvpLP_ZGpsDmYdYNwAouSx_6dy22iGlHxIfiFIRpLPdBcx_t0jeO&s=dlIF9CIfPFjyQKy3Nd4B0aYzQk67T52zgV9TC9h9uMA&e="><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:blue">regina.bellody@usbank.com</span></a></span><span style="font-size:9.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:9.0pt;font-family:"Arial",sans-serif">U.S. Bank Seattle Tower</span></b><span style="font-size:9.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial",sans-serif">1420 Fifth Avenue, Suite 2100, Seattle, WA 98101<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:9.0pt;font-family:"Arial",sans-serif">Additional Contact</span></b><span style="font-size:9.0pt;font-family:"Arial",sans-serif">: Jon Stewart l 206.344.5312 l
</span><span style="font-family:"Calibri",sans-serif"><a href="mailto:jonathan.stewart@usbank.com"><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:blue">jonathan.stewart@usbank.com</span></a></span><span style="font-size:9.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
</div>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif">From:</span></b><span style="font-family:"Calibri",sans-serif">
<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> <<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a>>
<b>On Behalf Of </b>Chris B<br>
<b>Sent:</b> Monday, October 21, 2024 10:59 AM<br>
<b>To:</b> WSBA Real Property Listserv <<a href="mailto:wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a>><br>
<b>Subject:</b> [EXTERNAL] [WSBARP] Recommendation for financial advisor<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<div style="border:solid #89601F 1.0pt;padding:2.0pt 2.0pt 2.0pt 2.0pt">
<p class="MsoNormal" style="line-height:14.0pt;background:#FFEB9C"><span style="font-size:12.0pt;font-family:"Calibri",sans-serif;color:#89601F">[WARNING]</span><span style="font-size:12.0pt;font-family:"Calibri",sans-serif;color:black"> Use caution when opening
attachments or links from unknown senders. <o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal">I have a client who is looking for a “true” financial advisor.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">He’s not looking for a stockbroker or anything like that, but rather, someone who can look at his situation and advise on things like whether to sell or refinance his house. Whether to do a 1031 of a rental property, etc…. He is not a
wealthy person, but still needs legitimate advice. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Anyone know of anyone who can do that kind of advising? <o:p>
</o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Chris Benis<o:p></o:p></p>
<p class="MsoNormal">First Avenue Law Group, PLLC<o:p></o:p></p>
<p class="MsoNormal">321 First Avenue West, Seattle, WA 98119<o:p></o:p></p>
<p class="MsoNormal">206.447-1900 office – 206.447.9075 fax – www. firstavenuelaw.com <o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">This message contains information that may be CONFIDENTIAL AND PRIVILEGED. Unless you are the addressee (or authorized to receive for the addressee), you may not use, copy or disclose to anyone the message or any information contained
in the message. If you have received the message in error, please advise the sender by reply e-mail
<a href="mailto:chrisb@firstavenuelaw.com">chrisb@firstavenuelaw.com</a>, and delete this message. Thank you very much.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">To comply with recent IRS rules, we must inform you that this message, if it contains advice relating to federal taxes, was not intended or written to be used, and it cannot be used, for the purpose of avoiding penalties that may be imposed
under federal tax law. Under recent IRS rules, a taxpayer may rely on professional advice to avoid federal tax penalties only if that advice is reflected in a comprehensive tax opinion that conforms to stringent requirements under federal law. Please contact
me if you would like to discuss our preparation of an opinion that conforms to these new rules.<o:p></o:p></p>
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