Caleb Bagwell
Goal Driven Financial Planning to Build Purposeful Wealth
Professionals, in their prime earnings years, are constantly torn between building wealth and managing wealth.
You've created powerful income streams through your expertise and experience, but transforming that income into wealth is all about goal setting, planning, and execution. Our hope to enrich your life and legacy by coming alongside your family in the foundational years to help define and execute the right plan for you.
Where do you turn for guidance during pivotal moments that could impact your wealth?
Many professionals and entrepreneurs face huge decisions that can impact the direction and alignment of their wealth. Average wealth management firms are only concerned with how much money you have and how much they think you will have.
We think that’s a problem.
Take Control of Your Wealth at Pivotal Moments.
Clients often find us in the face of certain transition. Signing their first professional contract, navigating their career trajectory toward partner, or in the build up phase of their new company. Having access to unbiased advice can be critical to making a wise decision that creates a foundation to support your wealth.
Gain Clarity and Peace of Mind
Gain traction toward your goals
Have confidence in your direction
Have constant access to trusted advice when you need it
And feel alignment between your values and your wealth
Money Means Something Different to Everyone
WE WORK WITH YOU IN 3 CORE WAYS
COACH
We help professionals during their earnings years to uncover the full potential for their wealth. Like the best coaches, we hope to help you identify our wealth building strengths: Income, Opportunities, and Connections and then help you execute a plan to maximize each strength.
ADVISOR
Your definition of success with money is unique to you. We help each client define, articulate and plan for their own definition of success. Focusing on Core Values, Alignment, and Goals we want you to feel peace about your wealth and its impact.
COUNSELOR
We want to fill a role as trusted advisor on all things money. “How do I invest, give, and spend money wisely?” are the questions we want to answer. Our goal is to surround you with access to high quality, unbiased information and a community of knowledge and experience that can guide you on your journey.
How the Process Works
1 | Discover
We want to know you well and what exactly makes you tick. Clearly understanding your starting point helps us plan for the perfect next step.
2 | Design
After collecting the data and outlining your goals, we will build a comprehensive, yet simple plan that details actions steps for success. Our goal is to build alignment between your wealth and your values.
3 | Deliver
It's time to Implement! Once we've worked through design, we will deliver and begin execution: organizing the necessary parties and documents, beginning our evaluation of investments and options, and working systematically to get your plan on autopilot. The work done up front will be worth the peace of mind as you get to shift focus to what you do best.
Pricing Model
We think know how you advisor gets paid is important. We are fee only advisors that never take commissions. Our allegiance is complete toward our clients and their well being.
Impact Planning
Core
$3,000 per year
($250/month)
Premiere
$5,000 per year
($425/month)
Impact Investing
Up to $1mm - 1% annually
(billed quarterly)
$1mm and up - 0.5% annually
(billed quarterly)
About Caleb Bagwell
As a wealth impact advisor for over 12 years, Caleb’s passion is to help his clients unlock the full potential of their wealth through financial planning, investment management, and philanthropic consulting. Connecting wealth and purpose creates impact, and this requires intentionality, expertise, and Execution. Caleb has had the privilege to serve over 3,000 families, helping them clearly articulate their goals and build plans for lasting impact. Now, with a more concentrated focus Caleb's desire is help those in face of certain change be able to navigate decision with certainty and clarity. The market place is full of advisor who give lots of advice, but good advice is only good if you use it, which is why we want to help you get outside your emotions long enough to see the variables and the add the emotions back in so you know what looks and feel right.
FAQ
Q. Who works with Caleb?
Answer: our typical clients are early to mid career professionals going through a almost certain transition. Residents finishing their training and considering their first contract, Business Owners planning the next phase of growth for their company, and sales professionals wrestling between income and equity are just a few examples.
Q. Why do you focus on early to mid career?
Answer: 2 parts to this answer 1) its who my wife and I are. I'm 12 years into my career and have loved every moment but they weren't always easy as I had to navigate 2 geographic moves and 4 contract negotiations to get my business to where I could serve my clients. My wife Sarah is a Med/Peds Physician and watching her and some of our dear friends go through the rigors of training only to be followed by a job search that required an attorney and spiritual counselor, we know all to well how lonely and difficult it can be to find peace making decisions. 2) Its the spot I think Wealth Management is missing. Most shopes want you to come back once your rich. Well that great but you have to make some really important decisions before you can get there. This period of peoples lives is where I think I can have the most value you know.
Q. Why do you charge 2 fees?
Answer: That friend is a great question and it was a long journey to come to that arrangement. Traditional wealth shops generally have only one fee that is based on Assets Under Management or AUM for short. This likely means they under charge you in the beginning and over charge you later after your assets have built up. (EX. you 100,000 to invest and are saving 100k per year, Firm A charges you 1.75% of AUM on a sliding scale which means it gets lower the more money you have. So $1,750 in year one but if by year 10 you have at least 1,000,000 They are likely charging your north of $14,000 per year and your just getting started.) This is not a terrible model but it does leave me wondering how they can stay unbiased. In the early years are selling you commission-able products to make up for the rest? In year 15 are they advising against investing in your business so you have more money for them to invest?
I wanted a model that did 2 things: 1) separated the Financial Planning and Advice from Investment management, and 2) I wanted it to be fair always.
By having a flat fee for the financial planning we are clearly identifying what it cost to run our business of giving rock solid financial advice, and by charging a reduced fee on the assets we manage me can be compensated for the work we do their but also stay unbiased when comes to outside investment opportunities. We think its a win-win.
Q, I'm closer to retirement can I still work with you?
Answer: Absolutely, but you might not want to. I just want to be transparent. I have clients that are close to retirement and those who are retired, but our service calendar is highly focused on those still accumulating assets. I have colleagues that I trust with my life that can refer you too if you want someone that focuses on your specific needs.
For those who want to read a little more
You're focused on growing your career and earning money, but what to do with it isn't your area of expertise. You shouldn't have to worry about managing, protecting and investing it.
OLD WAY
Historically, quality wealth management has been reserved for those who are already considered wealthy having more than a million investable dollars, but what about those in the wealth building phase? High earners that working hard to generate income, build wealth and navigate opportunities need access to the same tools and advice as those slightly farther ahead.
Yet the industry has generally left them with 2 options: 1) come back later or 2) buy a commissioned product so the advisor gets paid upfront. Neither has your best interest at heart, likely leaving you feeling rejected or, at best, settling for sub-par advice and planning.
OUR WAY
Our solution is simple: Focus on early to mid-career professionals and entrepreneurs who need access to guidance and advice that matters most, and deliver a Wealth Management practice that tailors to their needs. Essentially, lets build a new box that will change over time. Always do what’s right, never engage in business that isn't win-win, and focus on impact, not profit. These are the core values that drive how we grow and serve our clients.
How do we do it? We get to know you really well. We focus on the quality of our relationships not the quantity of them. We constantly hone our skills and work to increase the access our clients have to the instruments and information they need, and lastly, we build communities that are all traveling through similar life and career phases. We want you to get good advice that is specific to you but we also want you to meet people that are also going through what you are going through. Whether you’re a doctor finishing residency or business owner that is feeling growing pains we want to surround you with similar people with similar values.