Holistic Planning
We offer a holistic planning approach to retirement that focuses on reduced fees and a balance between stability and growth.
At retirement, many Americans hold a combination of equities and annuities in their portfolios as a strategy to reduce risks and enhance returns.
The equities may have been purchased through a stockbroker and the annuities through an insurance agent, both of whom typically receive a commission on the purchase and sale of their products.
The retiree may have been solicited by both the stockbroker and insurance agent. One might focus on growth while the other promotes safety. The bottom line is that we believe retirees need both growth and safety for stability and sustainability.
Monitored exposure to risk is important to sustain portfolio growth. Concurrently, the stability of the portfolio is vital to maintain a reasonable withdrawal rate [OR income stream] – especially in times of increasing inflation. We believe retirees are more focused on monthly income than portfolio growth. So, at The Bottom Line Wealth Management LTD, we feel a holistic approach is needed to provide synergy instead of conflict.
When one considers the universe of financial professionals, one faces a challenge of finding an advisor who is knowledgeable about both equities and insurance products.
Good news! That is what we offer at The Bottom Line Wealth Management LTD.
We are a registered investment advisory firm.* We have investment adviser representatives on our team who are also licensed insurance agents with over 20 years of annuities experience.
We have a fiduciary duty to our clients. This means we put our clients’ interests above our own.
At The Bottom Line Wealth Management LTD, we will provide access to securities balanced with annuities that we believe will meet your financial needs. As an added benefit of our holistic planning approach, our investment adviser representatives will consider discounting the investment advisory fee that you pay to The Bottom Line Wealth Management LTD to compensate for the commissions you pay on annuity purchases through our affiliate Retirement Income Consultants, LLC. In the end, there is synergy instead of conflict.
*Being a registered investment advisory firm does not imply a certain level of skill or training.
Single-Needs Planning
We are happy to help you determine the strategies we believe are best for your unique financial situation.
Comprehensive Planning
We provide comprehensive reviews of your investment plans.
Comprehensive Financial Management
We work with your CPAs and estate planning attorneys to help develop an efficient income stream and wealth transfer strategies.
Dave Hoobler
Dave has been working in the insurance industry since 1999 and with the Averill family for almost 22 years. Dave began working in Annuities in 2001 right before the tragedy of 9/11 and the downturn that followed, he saw the value in the appropriate use of annuities in a portfolio. Dave has successfully passed the Series 65 Uniform Investment Adviser Law Exam. He graduated from the University of Toledo and is the proud single father to his son who will be receiving his degree as an electrical engineer from the University of Toledo in 2023. His friends often find him enjoying the nature outdoors or cooking up some fantastic new recipe. They also find him staring into the sky while engaging in conversation about astronomy and astrophysics.
Gyeral Nice
Gyeral has been working in the insurance industry for 34 years. He began working with Carleton Averill Sr as an insurance agent, then in 2012 stayed with Mr. Averill’s son after his retirement. Gyeral is also an investment adviser representative and, as such, has an obligation to put his clients’ interests first. Gyeral believes in strategies that minimize out-of-pocket investment fees or charges for clients. In his free time, Gyeral enjoys hitting the green for some golf with friends and watching sports.
Our Holistic Approach to Retirement Planning
If you find yourself trying to synergize advice given separately by a stockbroker and an insurance agent, learn how getting holistic financial advice makes the pieces fit together for a common goal. As an investment adviser, The Bottom Line Wealth Management LTD has a fiduciary duty to our clients, meaning we are obligated to act in their best interest. Clients are not obligated to purchase products through affiliates of our firm. However, we will consider providing credits against our clients’ investment advisory fees for commissions paid on annuity purchases through our affiliate Retirement Income Consultants, LLC.
Welcome to the world of holistic planning where we focus on synergistic planning and fair fee structures.