Frequently Asked Questions
What is the relationship between Kajiwara Wealth Advisors, Cetera Advisor Networks, and Pershing?
Cetera Advisor Networks is the highly regulated avenue by which Kajiwara Wealth Advisors can offer you securities such as mutual funds, exchange traded funds, stocks, and bonds. Pershing provides Cetera Advisor Networks with custody of client assets, client account statements, trade execution, reporting, and other services related to securities accounts.
Who is Cetera Advisor Networks?
Financial Network, established in 1983 recently changed its name to Cetera Advisor Networks LLC. It is one of the largest independently-managed broker/dealers in the US, with more than 2500 financial professionals and an excellent reputation in the securities industry. A full-service registered securities brokerage firm, Cetera Advisor Networks is headquartered in California and offers a wide variety of investments and services through independent financial consultants.
Who is Pershing?
Pershing LLC supports Cetera Advisor Networks with clearing, execution, settlement, custody, reporting, and trading services. Pershing is the world’s leading provider of comprehensive, financial business solutions to broker-dealer firms, registered investment advisors, and investment managers. Pershing has nearly $1 trillion in assets under administration. Its parent company, the Bank of New York Mellon Corporation, has more than $23 trillion in assets in custody.
Can I view my account online?
Yes, you may view your account online via two different sources. See the Client Center section within the Resources link on our website.
What are the fees?
You can engage our services in two different compensation arrangements: on an hourly basis, or on an advisory basis. All services are available for an hourly client as they are for an advisory client. The one exception is hourly clients do not receive subsequent portfolio reviews, discussion regarding asset allocation, or investment analysis. To receive these services, the advisory arrangement is recommended. For advisory services, or fee-based asset management, the client pays a fee which is a percentage of the value of the managed account. The fee is not based on the transactions or activity in the account.
Kajiwara Wealth Advisors is completely independent, and we are able to recommend the most suitable investments for your situation. There is no incentive to work with any one program or vendor and there are no proprietary products.
Is there any cost for an initial meeting?
No, there is no fee for an initial meeting. It is complimentary. It will be a chance for you to meet Bruce, ask questions, and share information about your financial goals and expectations. After the meeting, you will decide how to proceed further.
How do I become a client?
Make an appointment to speak with Bruce about your situation. After an initial meeting, you will have a good idea of how we can help you. Some clients come to us for investment management and may transfer existing investment accounts to us. Others come in for a consultation on a specific investment or financial question.
How long have you been in business?
Bruce started as a CPA in 1979 and has been in the financial advisory business since 1983.