Frequently asked questions.

IS PANDORA WEALTH A FIDUCIARY OR A BROKER?

As a Registered Investment Advisor we are obligated to act in your best interest and therefore act as a fiduciary for our clients. This is different from Brokers who operate under the suitability standard which simply means they need to have enough information to make a recommendation that is suitable for you.

HOW DO YOU DETERMINE THE INVESTMENT STRATEGY FOR EACH CLIENT?

We start with a comprehensive planning process to help our clients develop a customized investment plan that is based on our proprietary investment strategies. We have an investment committee that constantly evaluates our strategies to ensure they are working effectively for our clients. Being an RIA also means that, when making such decisions, we must serve as a fiduciary and always act in your best interest.

WHO WILL HOLD MY INVESTMENTS AND ARE THEY SECURE?

We do not have custody of our client assets. We work with large, independent custodians (typically LPL) where clients hold accounts in their own name. Clients then have access to monthly statements directly from these independent custodians. We request a limited power of attorney to direct the investments in your accounts according to an agreed upon Investment Policy Statement. We are highly focused on guarding your accounts and your data through our security protocols and those of our custodians.

WHERE DOES PANDORA WEALTH OPERATE?

We currently have three offices and have seven employees that help us service hundreds of clients across the country. 

Click here for a complete list of all of our locations.

HOW DO WE SAFEGUARD YOUR PERSONAL INFORMATION?

See our privacy notice for the firm’s privacy policies and procedures we have implemented.

HOW LONG HAS PANDORA WEALTH BEEN IN BUSINESS?

We were approved by the SEC on April 28, 2017 and started working with clients.

YOU FOCUS ON TRANSPARENCY, BUT WHAT DOES THAT MEAN FOR ME AS A PROSPECTIVE CLIENT?

When we talk about transparency, we mean that we will be open, direct, and honest with you from the time we first meet and continuing throughout the relationship if you engage us as your investment adviser. When we first meet a prospective client, we provide them with our Form CRS, which discloses certain key information about our services, our fees, our duty to you, and any conflicts we may have. Also, since we have a straight-forward flat fee setup, we make it clear what your annual rate will be based on the account value.