Cromwell Investment Advisory, LLC is an independent, fee-based financial planning and investment advisory firm. Cromwell Investment Advisory, LLC is a licensed & Registered Investment Advisor (RIA). Cromwell Investment Advisory helps individuals, businesses & non-profits with both wealth building & wealth preservation strategies. Advisory services are offered through Cromwell Investment Advisory, LLC. Brokerage accounts are carried by Interactive Brokers, LLC, Member
NYSE/FINRA/SIPC
INVESTING:
By getting to know our clients financial objectives, investment time horizon & risk tolerance, we create & refine our clients' investment portfolios. Within these parameters, our focus is to provide our clients with quality investments that are focused on cash flow through dividends, stability (avoidance of wild swings in asset prices), & liquidity (ability to access your funds quickly if necessary). Some of the investment products we might use depending on each client's unique objectives, time horizon, and risk tolerance include:
* Equities (stocks)
* Fixed Income (Bonds)
* Mutual Funds
* Exchange Traded Funds
* Real Estate Investment Trusts
We do not utilize annuities, commodities, hedge funds, foreign currency exchange, or other alternative investment products. We want our clients to feel at ease with their investment choices. Finally, we want our clients to be able to access their money when needed.
INSURANCE:
* Generally we like to recommend that clients have 3 - 4 types of insurance:
* Medical Insurance
* Long-Term Disability Insurance
* Term Insurance
* The type & amounts of insurance uilized will depend upon an individual investor's age, risk tolerance, and net worth. We can recommend professionals to help you select the best coverage for your unique situation.
ESTATE PLANNING:
An estate plan has several elements. They include: a will; assignment of power of attorney; and a living will or health-care proxy (medical power of attorney). For some people, a trust may also make sense. When putting together a plan, you must be mindful of both federal and state laws governing estates.
Taking inventory of your assets is a good place to start. Your assets include your investments, retirement savings, insurance policies, and real estate or business interests.. Common Peer Review Issues
Detailed below are some common issues noted during recent reviews:
An auditor that is relying on a service organization audit report covering design and compliance with significant aspects of a client's internal controls needs to assess and document the service organization description of controls,degree of interaction and adequacy of related client controls,nature of tests performed by the service auditor,and period covered by the report. The client's auditor may not place total reliance on the service auditor report and will need to perform their own complimentary procedures. Use auditors should inquire of the service organization or perform other procedures to determine changes in control procedures when the client's audited period is not fully covered by the period of the service auditor report.