Frequently Asked Questions

We help clients like you with investable assets to achieve your financial goals through careful analysis of your current situation and by developing a strategic plan for your desired future.

Call us for a free “Get to Know Each Other” session where not only will Mr. Daniel tell you more about his business, but where he will take the time to get to know you as a potential client himself. Here you will discuss your financial situation and what we can do to help.

We provide investment management services primarily to individuals, families and small business owners using investment vehicles such as individual brokerage accounts, trusts, estates, IRAs, SEPs, and other retirement vehicles. Additionally, we work with small non-profit organizations, endowment funds and foundations.

As of December 31, 2014, we had approximately $19.2 million of assets under management with 29 clients.

We primarily work with clients who are interested in owning individual stocks and bonds as opposed to owning mutual funds. While we do occasionally purchase shares in mutual funds for purposes of diversification or expertise in a certain area (such as a foreign country where we do not have extensive knowledge), this is not a large part of our business. We specialize in retirement accounts, trust accounts and personal brokerage accounts.

There are three types of retirement accounts with which we work:

• Traditional IRA is when money is put aside pre-tax (you don’t have to pay taxes on it now) and allowed to grow over time. Withdrawals are taxable and may begin in the year you turn 59 and six months and must begin in the year you turn 70 and six months. Money taken out before 59 and six months usually carries a 10% penalty except in specific circumstances. It can also be used when the client’s adjusted gross income is below the threshold level.
• Roth IRA is when money is put aside post-tax (you pay the taxes now) but you do not pay taxes when the money is withdrawn. You may start taking money out penalty-free in the year you become 59 and six months. It can also only be used when the client’s adjusted gross income is below the threshold level.
• SEP IRA is designed for small business people. It allows you to put away money pre-tax. It is an expense to the company and allows you to set aside up to 25% of the salary. The catch is that it must be offered to all employees of the company.

A trust is an independent legal entity that is set up by an attorney. The advantage of a trust is that it continues to live on after the person passes away.

Taxable investment accounts that are either set up by an individual or a couple (joint account).

We use Charles Schwab & Co. as our broker and Internet service should the client need to contact them directly.

Call us for a free “Get to Know Each Other” session where not only will Mr. Daniel tell you more about his business, but where he will get to know you as a potential client himself.

You can reach Mr. Daniel by calling 888-727-0695, Monday – Friday from 8 a.m. to 4 p.m. Responds to email within 24 hours: jsdaniel@danielinvestments.net.

Bring your latest financial statements and estate planning.