Yes, we are accepting new clients. Many of our new clients are introduced to us by satisfied clients or professional contacts (CPAs or attorneys).
On purpose, we do not advertise our services. This allows us to be selective in who we work with and ensures we have ample capacity to fully meet the needs of our existing and future clients.
Many of our clients are successful individuals, families and business owners that are concerned about the prudent management of their wealth and the efficient transfer of their assets or business interests to the next generation.
Typical investment accounts for individuals include brokerage or Trust accounts, IRAs, SEP IRAs, SIMPLE IRAs, Roth IRAs and others.
We also manage assets for organizations, including investment accounts for foundations, associations, businesses, and company retirement plans (401k, Profit Sharing, Defined Benefit Plans, and others).
No. Unlike many firms, we do not have a minimum account size.
We are a relationship-driven firm. We understand that many of our largest accounts did not start that way. It is our goal to develop and cultivate mutually-rewarding, long-term relationships.
Yes. Many of our clients are located outside of Kansas or Missouri. Our client base is national (from Hawai’i to Maine) and international in scope.
Technology enables us to communicate and serve clients anywhere in the world.
No, we do not charge anything for introductory meetings. We welcome these no-obligation, initial conversations to learn more about you and for you to learn more about us.
Simply stated, our initial meetings are designed to “get to know each other”. We will want to learn more about what you are hoping to accomplish. Sunrise may also share our firm’s capabilities and services in greater detail.
It is often helpful for prospective clients to bring personal net worth statements, financial account statements (401k, IRA, investment account, bank account, etc.), or anything that will help us better understand your financial situation.
Getting started is easy. The process generally requires gathering some personal information and signing a few documents.
To begin this process or to set up a time to meet in person, please contact us at (913) 681-0215 or submit your information here.
Yes. We see the client’s immediate family as frequently being an integral part of a comprehensive plan, so we welcome meetings with the entire family at the client’s discretion. For example, we have helped our clients’ children or parents with their own financial questions. In some situations, these family members decide they could benefit from an integrated, comprehensive solution and become clients themselves.
As a family-owned, multi-generational firm, we have a unique perspective on the family-wealth dynamic. We are often involved with coordinating a “family office” meeting to discuss wealth transition, estate planning or business succession.
You should only use an advisor if your goals and the advisor’s goals are fully aligned. You deserve to have an unbiased advisory partner. A “fee-only” Registered Investment Advisor is the only investment professional that is a fiduciary 100% of the time for their clients.
As your situation becomes more complex, an advisor can reduce the personal burden (time and resources) and responsibility of managing your wealth. Importantly, it’s probable that an experienced and professional team dedicated full-time to overseeing your financial affairs may do it more efficiently or with better success over the long-run.
Recently, it’s been shown that the “right” advisor can add meaningful value over time. Vanguard, long the bastion of the “do-it-yourselfer”, recently published a report quantifying this value — fiduciary advisors add almost 3% per year in additional value to an investor. To download the results of this whitepaper, please click here.
A “fee-only” advisor is only paid a pre-determined fee by their clients. Unlike commission-based or fee-based financial professionals, fee-only advisors are not compensated by any outside parties or from the sale of financial products. We believe this eliminates the potential conflicts of interest in an advisory relationship and allows for a client-friendly, transparent pricing structure.
A fiduciary is someone who is legally and ethically bound to act for another’s benefit, like an attorney or doctor. Unfortunately, approximately 95% of the financial services industry does not act in a fiduciary capacity at all times, often placing their personal interests or their firm’s interests ahead of the client. This is unfortunate; clients and investors deserve better.
As a “fee-only” Registered Investment Advisor (RIA), Sunrise Advisors is an acknowledged fiduciary for our clients 100% of the time.
A Registered Investment Advisor (RIA) is defined by The Investment Advisers Act of 1940 as a person or firm that, for compensation, is engaged in the act of providing advice or making recommendations. An investment advisor has a fiduciary duty to his or her clients, which means that he or she has a fundamental obligation to provide non-conflicted investment advice and always act in the clients’ best interests.
An advisor or RIA firm engaged in the investment advisory business is registered either with the Securities and Exchange Commission (SEC) or state securities authorities.
We believe the most conflicted professional is the one who can wear “two hats”, effectively turning off and on their fiduciary duty to clients at their discretion. Increasingly, these financial professionals are ‘dually-registered’ with both a broker-dealer and an advisory firm. Your financial professional is not a “fee-only” fiduciary for you at all times if:
- They are paid commissions for the sale of insurance, investments or other products.
- They receive compensation from parties other than you, including a mutual fund company, insurance company, broker-dealer, or others.
- Their website or financial literature includes the disclosures about their firm, usually in the fine print, “Securities offered through (XYZ Financial), member FINRA / SIPC”.
- Their website or financial literature includes the disclosures about their firm, usually in the fine print, “(XYZ Financial) may only discuss and/or transact securities business with residents of the following states: ………….”.
Additionally, the unwillingness of a financial professional to sign a fiduciary oath, pledging to place your interests ahead of their own or those of their employer, is a tell-tale sign of a non-fiduciary.
The Securities and Exchange Commission (SEC) regulates investment advisers, primarily under the Investment Advisers Act of 1940 (the “Advisers Act”), and the rules adopted under that statute. Sunrise Advisors is registered with the SEC and is audited periodically to ensure compliance.
Upon reaching certain thresholds, Sunrise Advisors must also register and pay the required filing fees in certain states.
Consistent with the conduct outlined by the Investment Advisers Act of 1940, the firm is duty-bound by their fiduciary obligation to clients.
Founded in 1993 by David P. Scott, Sunrise Advisors was one of the region’s first “fee-only” advisory firms. Prior to founding Sunrise, Mr. Scott had professionally managed assets since 1975. For a more-detailed background of the firm, please visit the “Our Story” page.
The team at Sunrise Advisors has over 80 years of combined wealth management experience. For insight into the education, credentials, and experience of our employees, please visit the “Our Team” page.
No, we do not hold assets directly. We use the three largest custodians for independent advisors in the country to custody and safekeep your assets (Schwab, Fidelity, TD Ameritrade).
As a “fee-only” advisor, we are only paid by our clients. Our compensation is a mutually-agreed upon fee, typically a percentage of assets under management or a flat fee. We believe this is the most transparent, straightforward, and client-friendly compensation arrangement.
Our team has over 80 years of combined wealth management experience. The diverse nature of professional backgrounds and experiences lends itself to deep and tested insight.
In addition to the Investment Advisor Representative (IAR) designations of our advisors, our staff also consists of two CERTIFIED FINANCIAL PLANNERS™, a Chartered Retirement Planning Counselor (CRPC®), an Accredited Asset Management Specialist (AAMS®), a Registered Nurse (R.N.), and two attorneys.
Our President is a member of The National Association for Personal Financial Advisors (NAPFA), the nation’s leading organization for fee-only, independent, comprehensive asset management and financial planning experts.
We provide comprehensive and continuous wealth management services to our clients. For a more-detailed description of our services, please visit our “Services” page.
Our portfolio management philosophy is rooted in conservative investment principles with a “value” tilt. The firm employs two industry-unique strategies when constructing portfolios.
- Core & Satellite: The “core” of the portfolio is a globally-diversified mix of cash, bonds, and stocks designed to be in sync with the business cycle (strategic allocation). The “satellite” portion of the portfolio is utilized for the express purpose of reducing risk by using negatively-correlated assets and adding value by finding undervalued sectors (tactical allocation).
- “Foundation Investments”: A proprietary concept, we use what we have coined as “Foundation Investments” to maintain and enhance your purchasing power through periods of inflation and deflation.
Clients delegate investment authority to Sunrise Advisors to make portfolio decisions based on the client’s goals, objectives, and risk tolerance.
Our firm’s Investment Committee (80+ years of investment-management experience) then determines the preferred investment strategy in the context of current and future global economic conditions.
The Investment Committee utilizes publicly-available and outside research, but also relies on in-house, proprietary valuation models and methodology.
As an independent firm, we have the ability to utilize virtually any investment vehicle available in the marketplace. Primarily, we will construct portfolios with individual stocks, individual bonds, exchange-traded funds (ETFs) and/or no-load, institutional-class mutual funds.
Due to the fact that we cannot be paid by anyone other than our client, our only incentive is find the best-available, lowest-cost investment vehicle to help our clients reach their goals. Additionally, we understand that liquidity is of key importance – all of the investment vehicles we recommend can be liquidated into cash within days.
As a multi-generational and family-owned business, we have a “built-in” succession plan. The reliability, continuity, and consistency of our service is comforting to our clients and results in peace of mind. The professionals you rely upon today will be here to work with you and your family for generations to come.
The custodian will provide monthly statements for your accounts. Additionally, trade confirmations and tax reporting will be provided by the custodian.
Sunrise Advisors will provide the client with quarterly performance reporting.
Also, clients receive our quarterly market commentary that outlines our thoughts on the markets, discusses current economic events, and shares insight on potential investment strategies. To receive our quarterly market commentary, please contact us here.
The client can elect to receive hard copy or digital (email) correspondence.
Clients can also communicate with the firm through web-based channels, such as Skype or FaceTime.
We meet with clients on mutually-agreed upon intervals or upon request. We generally recommend meeting with clients when circumstances change or if they are going through transitional life events (reviewing retirement, receiving an inheritance, selling a business, etc.).
A “Morning at Sunrise” is our ongoing, educational series aimed at increasing financial awareness. This informal gathering is used to discuss current financial events and the implications on your investments, tax situation, or estate plan.
We encourage the attendance by our clients, friends, and interested parties. We have found that we learn as much from our smart and successful clients in these discussions as they learn from us.
- Regularly-scheduled meetings are held to discuss the “state of the markets” on the 3rd Thursday following the end of each calendar quarter (3rd Thursday in July, October, January and April).
- Other meetings are held intermittently to cover timely or important topics. If you’d like to attend a future event, please provide your information here to be added to our invitation list.
Client privacy is taken very seriously. The firm adheres to a strict confidentiality policy as it relates to our clients’ personal and financial details.
We do not share or sell your information to outside parties. To serve you or as required by law, Sunrise Advisors and the custodian may share personal client information. Examples may include providing your personal information to the custodian to establish an account and the custodian providing the required tax information to the IRS for your account.
Do you have a question that’s not on the list? Send us an email and we’ll get right back to you.