What is fiduciary duty?
When providing financial advice, a CFP® professional must act as a fiduciary. The following duties must be fulfilled: Duty of Loyalty, Duty of Care, and Duty to Follow Client Instructions.
Additional details can be found by clicking this link: CFP Code of Ethics and Standards of Conduct
Why Choose Nikulski?
We provide advice that is ALWAYS in the best interest of our clients, and if we don’t, we are personally liable. If we’re handing our life savings over to a firm to manage, it’s what we’d want.
We don’t sell any products, nor do we collect any commissions. We are only paid by our clients for the advice we give. Yep, it’s that straightforward.
The CERTIFIED FINANCIAL PLANNER™ designation means training has been completed in 72 areas of financial expertise. We believe this is a minimum standard for what we do.
Not sure, Watch this video:
Do I Invest A Lump Sum Amount, Or Can I Add Specific Amounts Each Month?
Clients can contribute to their investment accounts either way. Some choose monthly contributions directly from their checking or savings accounts or others prefer to write checks on an ad hoc basis.
Is There A Minimum Amount Required To Invest?
Currently there is no minimum amount required to invest.
What is the investment philosophy at Nikulski Financial?
Our investment philosophy stems from our belief that markets are by and large efficient. When new information comes out, markets very quickly adjust and integrate that information into prices.
Successful “day trading” in our belief, is not the best way to successful investment management.
However, we also believe that a portfolio should contain more than just passive or index-like investments. We adhere to our firm’s Dynamic Allocation Strategy, which is a tactical asset management strategy primarily using exchange traded funds (ETFs), and when appropriate, individual stocks & bonds.
Another way to think about how we approach investment management is through the core-satellite model. We want the core of a client’s portfolio to get exposure to the “market”, in a cost-efficient manner, yet we also want to take advantage of opportunities beyond the core (satellite) when they present themselves.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirement.