1. An advisor that is a fiduciary is a professional that is legally and ethically bound to act in their client’s best interest and put the client’s financial well-being above their own. Advice must be transparent, any potential conflicts of interest must be disclosed, and the fiduciary must adhere to a standard of loyalty. All advisors at Fallon Wealth Management hold a Series 65 License to be an Investment Advisor Representative which carries the fiduciary obligation. 

As a full-service financial planning office, we cover the following with all clients:

• Retirement income planning
• Social security timing
• Tax strategies
• Insurance coverage
• Medicare.
• Working with our office is about more than just growing your portfolio, it’s about how all of the pieces of the puzzle work together. The plan we create will change with you over time as your life changes, and as tax law and markets change, we are always revisiting and revising the plan with you to ensure it is aligned with your goals.

Originally “Fallon & Associates” was started in 2003 and helped pair individuals with health insurance plans. The company later shifted into greater insurance offerings before completing the necessary the investment licenses and certifications and becoming a full-service financial planning office that offers investment management, insurance, and Medicare support.

Our investment philosophy is built around helping our clients turn their retirement savings into reliable, tax-efficient income while managing long term risk. We are not chasing the next big thing, our clients work with us because of our belief in aligning each portfolio with our clients’ unique goals, timelines, and income needs. Broad diversification across asset classes is a key part of managing volatility, not only do we want our clients to participate in market gains, but we do our best to provide stability during market downturns. The ultimate goal is that every client leaves our office feeling comfortable and confident in the plan we’ve created with them.

When you come in for your consultation, we ask that you bring what you can from the following list: your social security statement, brokerage account statements, retirement account statements, pension details. 

This list is a great starting point for our conversation, the goal of the consultation is for us to get to know each other better and to discuss what your goals, plans, and ideas are for retirement whether it’s around the corner or over a decade away! If you’re unsure how to access statements that is also something we can help you with during your consultation. 

That’s up to you! We do require that we meet with you at least once per year, you can choose if that’s in person at our office, via a Teams video call, or over the phone. Throughout the year we are always available to you, you can call or email with questions/updates and we can always schedule a time to have you in for a meeting if needed. When you first come on board with us, we will typically meet 2-4 times so we can get to know you and ensure that we understand your goals and the plan we are putting together. After initial paperwork and set up, it’s truly up to you – when something is changing in your life or you have a question, we want you to reach out. We do send regular educational emails out to all clients on a variety of topics as well.

For investment management, Fallon Wealth Management is fee-only. Our office does not charge for meetings, trades, phone calls, etc. The fee comes out to 1.4%-1.5% depending on the portfolio, with Fallon Wealth Management keeping 1% and our partners Brookstone Capital Management and Charles Schwab sharing the .4-.5%. 

If you work with our office on Medicare or Insurance, we are paid via commission from the insurance companies, you do not pay us to pair you with the best insurance product for you.