Acumen Wealth Advisors, LLC, announced Tuesday the investment advisory firm has transitioned to a fee-based investment model as a Registered Investment Adviser, also known as an RIA.
“Several years ago we set out to build a client experience based on thoughtful financial planning in conjunction with transparent investment management,” said Reese Veltenaar, a partner and co-owner in Acumen Wealth Advisors. “We believe this sets Acumen apart from broker-dealers. It is the future of what clients will expect from their advisors and we are embracing this standard.”
Veltenaar said the transition from traditional broker-dealer format will enhance client relationships by allowing them to continue to make independent, transparent, objective decisions based on their client’s individual needs and financial goals. Acumen Wealth Advisors has made a commitment to work in a fee-based environment and will serve exclusively as a fiduciary by putting their clients’ interests first.
Acumen was established in 2012 by founders Reese Veltenaar and John Owen and is based in downtown Chattanooga.