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Frequently Asked Questions

Home Frequently Asked Questions

Frequently Asked Questions

by Kate Majerus

Frequently Asked Questions

Working with a financial planning practice, especially if you’ve never worked with one before, can feel like an uncertain experience. To ease your mind, we’ve put together the following list of frequently asked questions.

What licenses do you hold?

Jeff Coplan, our financial advisor and founder of Integrity Wealth, is Series 7, 9, 10, and 63 licensed. He also holds the CERTIFIED FINANCIAL PLANNER™ professional designation and is an Accredited Asset Management SpecialistSM.

What financial planning continuing education requirements do you fulfill?

Jeff completes the required 15 hours per year to maintain his CFP® professional certification, as well as the 15 hours per year required to maintain licensing with the Department of Commerce for insurance licensing.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFPc (with plaque design) and and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

What are your areas of financial planning expertise?

What are your areas of specialization?

We work primarily with two types of professionals: 1) those who have either positive cash flow, and 2) those who have a need for income in their retirement years. We also provide significant value to business owners who have variable incomes and tax planning opportunities.

We believe our systematic approach and regular communication set Integrity Wealth apart.

How long have you been offering financial planning advice to clients?

Jeff Coplan, one of our financial advisors and founder of Integrity Wealth, has been in the industry since 2000.

Joe Downes, one of our other financial advisors, started in the industry in 2007 after a sales and marketing career in high tech.

How are you compensated?

We typically work with clients on an advisory fee basis, meaning we receive a percentage of the value of the dollars we are working with for them.When appropriate, we also offer flat-fee planning or consultations.

If I choose to work with you, what should I expect?

We kick off our process by having a conversation with you. During this initial meeting, we’ll talk about assets and liabilities; setting realistic and measurable retirement objectives; assessing taxable income, deductions, and estimated tax status; estate planning; life insurance planning; and a disciplined investment planning philosophy. From there, we’ll build an easy-to-read financial plan that makes sense for you. Once it’s in place, we’ll proactively update your plan and check in with you on a regular basis.

Do you have a business affiliation with any company whose products or services you recommend?

As an independent contractor practice with Raymond James Financial Services, we are free to recommend a significant variety of product offerings. We do not have an incentive to offer any proprietary products.

How often will my plan be updated?

We will discuss the appropriate frequency for updating your plan. Typically, this takes place more frequently during the first year of our relationship, and in most cases occurs annually in subsequent years. We also recommend notifying our firm of significant life events, such as a change in marital status, a change in employment, or at retirement, as these will likely require an update of your plan.

As part of our standard level of service, we will check in with you at regular intervals throughout the year.