Q&A

1. What’s involved?
2. How does it work?
3. What do I have to do?  
4. What is “fee-only” and why is that important? 
5. Does Blue Spark provide separate financial planning?
6. How do you price your services?
7. Are your fees tax-deductible? 
8. Who benefits most from your services?
9. How will you monitor my progress? 
10. How can I get started?  


1. What’s involved?
Financial planning should be the driver of all investment decisions. It is a multi-step process that guides your investment strategy and provides you with two important things: (1) An in-depth review of your current financial situation, and (2) A blueprint that shows you how to achieve your goals and objectives for the future.

It is important to remember that financial planning is a process — not an event.


2. How does it work? 
First, we focus on your goals, objectives, priorities, and values. For instance: the reduction of taxes may be an immediate goal, funding education for children or grandchildren may be an intermediate goal, and enjoying a secure financial future in your retirement could be a long-term goal. Whatever your situation, everyone needs an idea of where they are on the road to meeting their financial goals. That’s why we do an in-depth analysis of your current situation. Next, you need to know how you can set about achieving your financial goals. We focus your time horizon and goals, investments, cash flow, taxes, pensions and retirement plans, estate planning, insurance issues, savings opportunities and other general financial matters, we design a customized financial plan for you.


3. What do I have to do? 
The hardest part is gathering your documents and looking at your spending. The good news is: If you put effort in to the process of creating a financial plan and then maintain a disciplined approach, you can rest easy knowing you can reach your goals. It’s our job to make the process as easy as possible for you.


4. What is “fee-only” and why is that important? 
Because we are fiduciary and fee-only, we minimize conflicts of interest. We do not accept sales commissions; we work solely for our clients. Because we do not sell products for commissions, there are no third-party relationships to color our recommendations. In addition, our firm is a Registered Investment Advisor (RIA) and as such, we comply with a host of regulations designed to protect the consumer. The regulatory form known as the “ADV Part II” contains information about our qualifications, fiduciary duties, pricing and more. Our ADV Part II is here on our website under the Forms tab.


5. Does Blue Spark Capital Advisors provide separate financial planning?
Not usually. For most of our clients, we manage their assets and provide holistic financial planning. We believe a comprehensive plan provides the greatest benefits; for many of our clients’ specific needs, we offer specific advisory services such as college education funding, investment portfolio review, plans for separating assets in a divorce, and more.


6. How do you price your services?  
Our clients pay a fee based on a percentage of the assets we manage; the percentage may be adjusted based on complexity as well as the amount of assets. This is 0.95% on more than a $1 million, 0.75% for more than $5 million, and down to 0.50% for $10 million plus.


7. Are your fees tax deductible?  
Yes. Section 212 of the Internal Revenue Code permits itemized deductions for investment advice in the miscellaneous section of Schedule A. It is subject to a 2% floor of the adjusted gross income on a personal tax return.


8. Who benefits most from your services?
Any person seeking financial peace of mind and a steady hand on their investments can benefit from our services. We welcome clients who understand the value that solid financial planning adds to their investment management and strategy.


9. If I hire you to manage my money, how will you monitor my progress? 
Depending on your wishes, we meet with you in person or on the phone as much as you need to review your financial plan and investment strategy. We analyze your portfolio several times a month, rebalance regularly as needed or when your goals or situation changes, and provide updates. Some clients prefer meeting four times a year, others like monthly phone calls, and some want an annual in-depth meeting dedicated to them.


10. How can I get started?  
The first step is an initial inquiry from you. Call us at (212) 537-3899 or send us an email. We offer a no-cost, no-obligation Discovery Meeting to see if we are a good fit for you and vice versa. For these meetings, we ask you to fill out our Confidential Client Questionnaire, which helps to make the most of our time to give us an initial understanding of your situation. We look forward to helping you build a bright financial future.

Blue Spark Capital Advisors

We're a boutique fee-only Registered Investment Advisory (RIA) and financial planning firm based in New York City and the Berkshires.

We provide planning and investment management services and financial coaching to women, men and their families.

We believe in a holistic approach. Movement in each piece of your financial plan impacts the others, so we consider your entire picture.

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Contact Us

41 Madison Avenue (40th Floor)
New York, N.Y. 10010
(212) 537-3899

93 Church Street
Lenox, Mass. 01240
(413) 551-4445

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"Integrity without knowledge is weak and useless, and knowledge without integrity is dangerous and dreadful."
– Samuel Johnson (1709-1784)
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