•Frequently Asked Questions
Highland Path
Financial Group
Why Highland Path?
What’s different about Highland Path?
We help families, individuals, and business owners confidently make strategic, informed financial decisions. Because we’re personally invested in your success, you’ll always be able to reach a human when you need answers. And you’re always the one in charge; you’ll have the information you need to make changes at any time. So whether you’re starting or growing a family, a business, or an individual legacy… we’ve got your back, whatever path you choose.
Are you a fiduciary?
Yes! We are Series 65 licensed fiduciary financial advisors, with a legal and ethical duty to put clients’ best interest above our own. We recommend the best-fit strategies and products for your goals, not ours. (We think that’s how everyone should operate, regardless!)
What are your credentials?
On the investment side, we’re licensed for Series 6 (Investment Company and Variable Contracts Products Representative), Series 63 (Uniform Securities Agent State Law), and Series 65 (Uniform Investment Adviser Law). On the insurance side, we’re licensed for Accident and Sickness, Life, and Variable Products.
Why work with you, versus a robo-advisor?
Robo-advisors’ advice is not personalized, and additional unnecessary services may lead to higher overall costs. They also don’t customize recommendations based on your personal relationship with money, how you feel about navigating risk, etc. A human advisor who knows you can help you make a cost-effective plan that works specifically for you, and help you stay the course when things feel uncertain.
Highland Path’s Services
Do you provide financial planning or financial advice?
We start with financial advice: clarifying your goals, educating you on the strategies you could use to meet those goals, and suggesting which to use based on your circumstances. Should you also engage us to implement those strategies, then we would work together on your full holistic financial plan, product selection, and plan management.
What services do you offer aside from portfolio management?
We help clients develop cash flow/debt/saving plans, risk protection strategies like insurance, retirement planning, and child/legacy planning. We can also provide group benefits for businesses, and consult on business startup and administration from a financial planning perspective.
What is your investing philosophy?
Our goal for you is for your money to be building the financial future you want, and help you enjoy your life in the meantime. We don’t want money management to be another full-time job for you to worry about. So we build long-term investment plans for sustainable growth, based on the historical quality and stated investment objectives of various strategies. We do not advise or engage in day trading, or trading individual stocks or bonds for clients.
How often will I be able to meet or talk with you personally?
We meet personally with clients at least once a year, but usually about once a quarter, depending on your individual situation. If we need more face time to address changing circumstances, you got it! We’re a phone call away for any new questions or concerns. You’ll always reach a human, not a 1-800 number or an AI bot.
Highland Path’s Fees & Commissions
Are you fee-based?
We don’t charge fees for strategy development, planning, or meetings. We get paid a commission on brokerage products, insurance policies, and investment accounts that our clients choose to have us implement; and a percentage fee for advisory accounts under our management.
What does it cost to work with you?
The only cost to work with us is an investment advisory fee, for advisory platform accounts we actively manage for you. We don’t charge an additional fee for financial advice and planning, and any commissions we receive come from the chosen product provider, at no cost to you.
What’s your advisory account fee structure?
For accounts we actively manage, we charge a percentage that is based on the amount of Assets Under Management:
- <$1M = 1%
- $1M - $2M = 0.85%
- $2M+ = 0.75%
How do you help when the market suddenly drops?
Our fiduciary mandate of care for our clients’ funds applies in both bull and bear markets. Within reason, we make ourselves available for clients to connect with any concerns. We also proactively review accounts, and contact clients who we’d advise to make portfolio adjustments (typically due to market conditions). If we choose to work for you, we’re working for you. Period.
•Let's talk
Still Have Questions?
If you need more answers, drop us a line and ask away! You can also book a Fit Check call with our founder, Ronnie, to share what financial goals you’re working towards and see how we can help.