FAQ

What do we do?
We are a full-service financial consulting firm dedicated to helping our clients build wealth and protect their hard-earned assets. We offer individuals and businesses an impressive depth of expertise and experience in the planning and management of:

  • Retirement Distributions
  • Investments
  • Insurance (Long-term Care and Life Insurance)
  • Tax and Estate Planning
  • Retirement Plans for Businesses


Who should seek our services?
Many of our clients are either approaching or already in retirement; however, others are planning for their children’s education and other milestones. Those interested in minimizing their taxes, accumulating wealth (or wealth management), funding their children's education, preparing for a comfortable retirement, and/or gaining control of their financial situation should consider meeting with our firm.


Do you work with businesses in addition to individuals?
Yes, we proudly serve businesses throughout our service area.


How long have you been in business?
Mitchell Wealth Management Group, LLC has been serving our clients for over 20 years.


Is there a charge for the initial meeting?
Mitchell Wealth Management Group, LLC  does not charge any fees to prospective clients until they actually decide to become clients. Call our office at 336.774.6535 to schedule a free consultation.


What should I bring to my initial visit?
Upon scheduling your consultation appointment, our Client Services will send you a new client kit which details all the information we would like you to provide.


We do you need to know who my attorney and CPA is?
There are a few reasons for this. First and foremost, we believe you should look at us, your attorney and CPA as your financial team. Just as you have a dentist, medical doctor and specialists, they work together for your overall physical health. Your attorney, CPA and financial planner serve as your financial health team.

Secondly, our experience has been we are often one of the first calls when a death or other hardship occurs. If we have this information, we can take some burden off you or your loved ones and reach out to your financial team to assist you and your family.


Can you help with my life and long-term care insurance needs?
Absolutely, feel free to contact us at 336.774.6535 to schedule an appointment.


I find the terms and acronyms used in investing a bit overwhelming. What can I do to be better understand the industry jargon?
You can start by reading articles, watching videos or using our online glossary.


How often will I be updated on my portfolios?
Our preference is to meet in person no less than twice a year. Our client meeting frequency varies from client to client depending on their personal preference, investment activity and changes in their portfolio and the market. Our preference is to meet no less than twice a year.

The client will receive a monthly statement online or via the mail from the custodian, which will list their securities and the associated current values as of month-end. Furthermore, as securities trades are executed, each client will receive a confirmation statement with full details of each buy or sell.

The client may also view all of his/her accounts through the Clients Only section of Mitchell Wealth Management Groups' secure Web site. The Clients Only section provides information regarding investment positions, stock and mutual fund quotes, and account balances, to name a few.


What is a paraplanner and how do they help me?
A paraplanner is a person who assists a financial planner, especially in compiling reports and conducting research. By having a paraplanner on staff, advisors can focus on the strategy and planning to ensure optimal attention to you and your investments.


Does a client have to stay with your firm for a specific length of time?
Our goal is for every client to be completely satisfied and we work very hard to deliver on this. However, there is never an obligation to remain with our firm. We respect our clients' decisions and they may terminate our services at any time. Of course, we will require payment of any fees owed through the date of termination.

We respectfully request an in person meeting to discuss a client's reason for leaving our firm. We do so in an effort to learn from the experience and personally thank the client for their business prior to their leaving.


Do you conduct seminars and information sharing sessions?
Yes, we offer several education and information events throughout the year. We communicate these events through email, phone calls, direct mail and on our website. If you have any special areas of interest you would like us to consider, contact us. We welcome and consider all requests. Please understand there may be times we cannot offer the requested sessions.


What is provided at year-end to assist the me with income tax preparation?
We mail to every client, generally not later than mid-February, information with regard to all securities trades that have been made, provided the information has been submitted to us. This is contingent on the client, providing us with the cost basis information, of securities that were transferred such as a fund and/or stock that Mitchell Wealth Management Group, LLC did not purchase for them. Generally, our information is so detailed that we have seen many accountants tell us they use our tax reports as support documents and send them in along with the client’s tax returns to the IRS. With regard to any distributions from mutual funds, Securities America provides this information via a comprehensive form 1099 at year-end. This is generally provided to the clients no later than January 31st of each year.