Frequently Asked Questions

Who is Strategic Capital Advisors?

Strategic Capital Advisors provides synergistic financial advice to help clients manage taxes and grow their wealth.

Independence

Unlike many others who provide financial services, we are not employees of a bank, brokerage firm, investment company or insurance company. We have no proprietary products or programs. In selecting and evaluating investments, we are free to recommend investments, strategies and or insurance from a nearly unlimited menu and can strive for truly impartial and objective advice.

Experience

Our team has over 40 years of experience. Our advisors hold various designations including:

• CERTIFIED FINANCIAL PLANNER™ (CFP®)
• Certified Public Accountant (CPA)
• Chartered Mutual Fund Consultant (CMFC)

This plus the years of experience gives the advisors at Strategic Capital Advisors a high level of understanding and knowledge of complex financial matters including:

• Retirement Planning
• Estate Planning
• Investment Management
• Tax Planning
• Insurance Planning & Risk Management.

Client Service Philosophy

We pride ourselves with a hands-on, service oriented approach business philosophy and commitment to quality, reliability and responsiveness to our clients’ needs. You can expect your Financial Advisor to advise you with independence, integrity, and objectivity. Through every aspect of our relationship, you should expect:

• Open, candid communications with an advisor who is knowledgeable about your concerns
• Quick access to your Financial Advisor and the SC Advisors service team.
• Regular meetings designed to ensure that we monitor your wealth planning strategies and financial goals.

Who holds my money?

For most of our fee based investment advisory services our custodian is Pershing Financial. Pershing is located in Jersey City, New Jersey. Pershing was founded in 1936 and is the largest independent clearing /custody firm. Pershing is a division of The Bank of New York Melon Financial (NYSE BNY). Pershing has $1.8 Trillion in assets held in custody. The Bank of New York Mellon Corporation has $33.6 trillion in assets under custody and administration. More information about Pershing can be found here Pershing Facts at a Glance 

At times we deal directly with investments companies. Including but not limited to: American Funds, Pioneer Funds, The Hartford, Jackson, John Hancock. As well as Real Estate Investment Trusts (REIT's) or Oil/Gas partnerships and other direct participation programs.

Who is Woodbury Financial?

Our broker dealer (BD) is Woodbury Financial Services, Inc. Woodbury is an independent broker dealer and an unaffiliated third party. While giving us access to Pershing and a large number of investments, they also give us access to other securities and markets. Woodbury provides compliance and supervisory oversight for our clients.

Are you employed by Woodbury or Pershing ?

No. We are employees of Strategic Capital Advisors. Woodbury and Pershing, are independent third parties that provide services to us.

How safe is my money?

Your accounts are insured against the failure of Pershing or Woodbury by Securities Investor Protection Corp. (SIPC), a U.S. Government-chartered corporation. Accounts are insured by SIPC up to $500,000 with a maximum of $100,000 in cash. Additional insurance can be provided by private insurers up to an unlimited account value. An explanatory SIPC brochure is available upon request or at www.sipc.org

Note: This does not protect your account from market loss

Who watches Strategic Capital Advisors?

Woodbury Financial provides compliance and supervisory oversight. Advisors of Strategic Capital Advisors must demonstrate that we have followed industry standards in terms of investment recommendations, and their suitability for clients. We have an on-site audit conducted by Woodbury over a 2 day period at least once a year. At this audit our books and records are reviewed to ensure that we are complying with all industry rules and regulations as well as adhering to Woodbury’s strict procedural requirements.

How do I know you won’t run off with my Money?

All checks from clients must be made payable to Pershing or directly to the  investment provider. Strategic Capital Advisors never has access to your money or assets. We can generally only move money from your account in the following fashion:

• A wire transfer to another account in the exact same name at another institution with your written permission.
• A check payable to the parties listed on your account registration (e.g. Mr. & Mrs. Jones) and mailed only to the address of record.
• Other transfers are possible but only with the client’s express written permission and back-up verification and authorization from Woodbury and Pershing