FAQs—Answers for Frequently Asked Questions

Woita & Associates recognizes that financial planners and consultants all practice differently and the terminology used in our business can be intimidating for those new to it. Here are some of the most common questions our office receives. Don’t see your question? Contact us directly and we will welcome your inquiry.

How is Woita & Associates compensated?

Woita & Associates is compensated for consulting services by recurring transparent client fees.

What does fiduciary mean?

The word fiduciary is used to identify or describe someone who is entrusted to manage money or property for the benefit of another. In the case of financial advisor, while they are not a legal fiduciary, they are held to the fiduciary standard. The fiduciary standard refers to our legal obligation and firm’s practice of putting clients’ best interests above our own individual interests or those of Woita & Associates.

What does it mean to be independent firm?

Woita & Associates is an independent financial planning firm. Rather than offering one brand of investments or insurance through the firm, the independence allows us to choose the most suitable products on the market no matter the brand or affiliation. This offers nearly unlimited investment choices and flexibility in how we advise each client on building a portfolio. Independence allows Woita & Associates to act in a completely objective and unbiased manner in recommending investment opportunities to our clients.

Why work with a financial planner?

If you, personally, specialize in anything, you easily recognize the difference between an experienced practitioner versus a novice. An experienced person, no matter the subject, can do things more effectively, more precisely, and complete far more complex projects much more quickly than an inexperienced individual. Woita & Associates Planners are very experienced specialists in the field of financial planning for individuals and businesses. Markets continue to become more complex and other factors such as increased longevity affect planning needs for investors of all ages.

Why work with a financial planner?

If you, personally, specialize in anything, you easily recognize the difference between an experienced practitioner versus a novice. An experienced person, no matter the subject, can do things more effectively, more precisely, and complete far more complex projects much more quickly than an inexperienced individual. Woita & Associates Planners are very experienced specialists in the field of financial planning for individuals and businesses. Markets continue to become more complex and other factors such as increased longevity affect planning needs for investors of all ages.

Inspirational Quote

An investment in knowledge pays the best interest.

- Benjamin Franklin