Client Testimonials

"I thought I knew a lot about investing because my father once owned a wealth management firm, but because my family is now going through an arbitration to recoup millions - taken by an advisor we trusted for years - today I would never invest with anyone unless I used WealthGuard first." – Scott Gilbert

“Having trust in my advisor is more difficult than ever due to the current state of the banks, stock market, Ponzi schemes and the general unstable economic environment. I am grateful to have WealthGuard to provide a trusted second opinion of my finances, my advisor and the banks I do business with.” – Anne W.

“It is very difficult to know how to measure the results of my financial advisor; how is my performance vs. other investors; whether the fees are high or low; and whether I am getting the best advisor for my money. Thank you WealthGuard for providing full disclosure and transparency!”
– Mike Densen

“WealthGuard has opened my eyes to the inner workings behind my portfolio and the bank I do business with. The due diligence performed brought to light the underperformance and high fees that I otherwise would not have uncovered on my own. I am glad they are here to guard my wealth. My only regret is not knowing about their services earlier!” – Micheal Wachtel

“My sense of security was rightfully brought to a state of reality thanks to the work done by WealthGuard. Without their unbiased overview of my accounts, I wouldn’t have questioned my financial situation, trusting that my advisor and bank were working solely in my best interests. I am grateful to have them as my guardians.”- Peg W.

Testimonial # 1: Tony

Tony is the Executive Director of a major Texas-based nonprofit foundation. Tony was recruited to this position following the death of the previous director, who had held tenure for over 20 years. To increase transparency, and avoid what he thought had been a conflict of interest, Tony's attorney recommended he contact WealthGuard to conduct an independent audit of the foundation's wealth management strategy, and if needed, to conduct a search for a new, more appropriate advisory team.

Our analysis confirmed Tony's fears about his "Blue-Chip" wealth management firm. The account was packed with high-fee proprietary products, many of which were not appropriate for the foundation's stated goals, while the account team at the "Blue-Chip" bank did not achieve optimal results during the WealthGuard interview.

Based on our findings, Tony decided he wanted us to help him find the foundation a more appropriate advisor. After considering his options, Tony selected one of the advisors WealthGuard had sourced for him, and with our assistance, secured a relationship with an elite wealth advisor with clearly defined strategic goals, appropriate asset allocation and products, and most importantly, a clear, transparent fee basis.

Through our WealthMONITOR™ service, Tony continues to receive ongoing monitoring and oversight of his accounts by the WealthGuard team, with quarterly calls with both Tony and his advisor to assure execution is consistent with his strategy.

Testimonial # 2: Claude and Theresa

Claude and Theresa are the founders of a very successful technology start-up in the Chicago area. As their business grew, and a successful IPO looked imminent, Theresa and Claude were inundated by potential wealth managers looking to represent them following their major liquidity event. At one point, they were receiving up to ten unsolicited phone calls and advances each day.

We were introduced to Claude and Theresa by their investment bankers. The couple's bankers believed we could help make their process of selecting a wealth manager much more efficient, allowing them to apply their focus to their business, rather than wasting their time on an "Advisor Beauty Pageant."

We interviewed and analyzed twelve potential candidates, and recommended four of the twelve as outstanding candidates. Theresa and Claude were then able to leverage WealthGuard's analysis of each candidate to find insights into the background and personality of the recommended candidates to select one who shared a similar background and religious affiliation, while also offering the most expert team and resources to the couple.

Claude and Theresa are very happy with the advisor WealthGuard helped them select, saying, "Our advisory team has jumped through every hoop we have asked, and we have a great ongoing relationship at a fair price. We couldn't have done this without the WealthGuard team."

Testimonial # 3: Sanjay

Sanjay, a 45-year-old technology CEO in Silicon Valley, is a sophisticated investor. However, his financial holdings are a bit disorganized. He maintains several accounts, all with different advisors and unique structures. Overseeing his investments-and the people who run them-has become too much of a burden for him to handle alone.

Sanjay asked us to undertake a comprehensive WealthCHECK™ audit of his numerous accounts and advisors, and to provide our ongoing WealthMONITOR™ monitoring and oversight service. As a result of the WealthCHECK™ audit, Sanjay decided to eliminate two of his wealth managers who had not scored well, and to consolidate into a new, strategic plan with WealthGuard-facilitated communication between the remaining advisors.

Sanjay now meets with WealthGuard and his team of advisors regularly on a quarterly basis.

Sanjay tells us, "WealthGuard was able to identify issues with one of my advisors that were deal killers. Now, I have simplified my wealth management strategy, and have measurable goals that are clearly explained to each of my advisors and continually monitored by the WealthGuard team, in addition to the benefit of dramatically reduced fees."

Testimonial # 4: Anne

Anne is a 65-year-old philanthropist from Milwaukee. Before her divorce a year ago, her husband of 35 years had taken front seat when it came to the couple's wealth management plan. Following the divorce, her husband stayed with the family's trusted advisor, while Anne's accounts were transferred to a new, junior associate within the same firm. Introduced to WealthGuard by her accounting firm, she asked us to conduct a WealthMATCH™ process to research her new advisor, and compare him with other potential advisors both within her existing firm, and a vetted selection of advisors at other firms.

After reviewing her alternatives on an apples-to-apples basis, Anne decided that while she wished to maintain her accounts at the same firm, she felt substantially more comfortable with a new, WealthGuard-introduced advisory team. WealthGuard was able to negotiate a new, transparent fee agreement, lowering her quoted fees by over .25% immediately, and WealthGuard worked with her new advisor to ensure appropriate product allocation, minimizing risk in line with Anne's stated goals.

Anne also engaged WealthGuard to help her oversee her wealth management strategies, and subscribed to our WealthGuard monitoring and oversight service.

Anne is ecstatic with her new advisor, believing her to be much more "appropriate to my ethics and strategy." Anne's new advisor is focused primarily on philanthropic clients and shares Anne's passion for charity and philanthropy. As Anne says, "WealthGuard has been indispensable in efficiently helping me find the perfect advisor for my situation, and in the process has saved me a lot of money."