Annandale, VA

Photo & Video Biography

Contact Information

Name: Carroll William Hayes Jr
Title: Principal
Firm Name: Charles Carroll Financial Partners
Website: www.charlescarrollusa.com
Address: 4115 Annandale Road
Suite 205
Annandale, VA 22003
Primary Phone: (703) 750-3600
Email: Bill.Hayes@charlescarrollfp.com

Direct Contact Information

Name: Bill Hayes
Email: rockynook1@mac.com

Services Offered

Services Offered: Education Funding & Financial Aid Planning
Estate Tax Planning
Fee Only Portfolio Management
Investment & Portfolio Management
Retirement Income Accumulation Planning
Retirement Income Distribution Planning
Retirement Planning
Wealth Management

Narratives

Why you should do business with me: We don't believe that a client should be placed into a model portfolio. Too often the financial management of client assets is left to the determination of a model portfolio. What is a model portfolio? Usually it is a portfolio determined by a client's answering questions with regards to their risk tolerance, goals, income, and other items. The potential client's response lumps them with the other thousands of clients with similar responses.

Henry Ford built his first model T in one color, saying at one point, "buyers can have any color they like, as long as it is black." We believe that treating an investment services customer like Henry Ford treated his customers is not an acceptable practice. All of our clients have individualized portfolios.

We don't believe in using only proprietary products. The management of assets should not be left to the firm selling the underlying securities as part of the package. Doing so leaves opportunity for less than effective financial instruments being placed into service to shore up operational or functional issues of the proprietary product provider. It may at times mean that a less than adequate fund is placed within the portfolio because it meets the asset class criteria needed for the portfolio. The result could be less than acceptable return from a segment of the portfolio based on an investment company requirement, not a client need.
Ideal client relationship: Each investor has specific, unique, and personal expectations with regards to their portfolio. It is our responsibility to understand and implement an investment portfolio that works toward those expectations within the framework of a sound financial plan.

We employ individual securities, ETFs, bonds, and mutual funds in achieving return for our clients. In all instances, we endeavor to employ only those securities that we believe will assist us in achieving the client's goals. We may employ financial assets that have lower expenses associated with their use.

We have found that invariably this decision enhances the returns for our clients and allows the client to know that their financial assets are working harder for them. The use of all asset classes affords opportunity that conventional or proprietary money managers may not be able to employ.
Article: http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090405/REG/304059980&ht=Jed%20Horowitz,http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090405/REG/304059980&ht=Jed%20Horowitz

Professional Credentials Listing

Degree(s) / Years of College: Marquette University BA
Suffolk University MBA
Years of financial services experience: 20
Certifications and designations: CFP® - Financial Planning
AWMA
Association memberships: FPA

Licensing and Compliance

Registered Investment Advisor: Yes
Active securities licenses: 63 - State Laws
65 - Fiduciary
7 - Commission
9
10
CRD or IARD number: 147960

Minimums and Compensation Arrangement

Minimum fee for engagement: $1,500.00
Minimum net worth requirement for planning services: $250,000 to $499,999
Minimum asset requirement: $250,000.00
Method(s) of compensation
Planning Services: Asset-based fee
Investment Service: Asset-based fee

Professional Services Offered

Provides the following Financial Services: Investment advisory services
Planning services
Provides the following Planning Services: Charitable
College
Estate
Financial
Retirement
Provides the following Investment Services: Asset management
Performance reporting
Tax efficient strategies
Provides planning as a separate service: No