Intrepid Wealth Partners, LLC
Founder & CEO
Hello, my friends call me Derek or DJ. Thank you for taking the time to learn more about our team and what we do. I am the Founder and CEO of Intrepid Wealth Partners, one of four companies I have been involved with.
I am married to my lovely wife Amanda. We have a 6 year old son (going on 15!) Neary, and an old rescue dog, Murphy, who is a mix between a German Sheppard, Husky, and something else! We love to travel, meet new people, and try new and different types of food.
I am an American and Irish dual national, having been born in Dublin, Ireland. My son also enjoys the benefits of dual citizenship, however my wife was born and raised in Minnesota. Our travels throughout the world have taught us that most people are genuinely good and want what is best for themselves, their families, and others. We have had the privilege of meeting some great people along the way, who have helped expand our horizons, both professionally and personally.
As a Certified Financial Planner® Professional, I specialize working with Entrepreneurs, Founders, Business Owners, Startup Companies and their Families to realize their hopes, dreams & goals through the leverage of financial education and our financial planning process.
Please think of me and my team as your resource. Feel free to contact us with any questions you may have and don't forget to check out my blog, Smart & Simple Finance, to help you manage your money like you own it.
BA, Anthropology & Archaeology, University of Minnesota
Assets Under Management:
Fee based, Financial Planning Fee, Commission
*Derek Notman is registered as an Investment Adviser Representative, under Eagle Strategies LLC, a Registered Investment Adviser, offering advisory services in the states of WI, MN, OH, IA, MA, NY, NJ, NH, VT. As such, these services are strictly intended for individuals residing in WI, MN, OH, IA, MA, NY, NJ, NH, VT. **Derek Notman is also a Registered Representatives of and offers securities products & services collectively through NYLIFE Securities LLC, Member FINRA/SIPC, a licensed insurance agency. In this regard, this communication is strictly intended for individuals residing in the states of WI, MN OH, IA, IL, MA, NY, NJ, NH, VT. No offers may be made or accepted from any resident outside the specific states referenced. Derek Notman is an agent licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the states of WI, MN, FL, IL, IN, MO, NV, OH, NY, NJ, MA, NH, VT, CA ( Derek's - CA Insurance Lic. 0K35010). No insurance business may be conducted outside the specific states referenced. Intrepid Wealth Partners, LLC is not owned or operated by NYLIFE Securities LLC or its affiliates. Neither Eagle Strategies, LLC, its affiliates nor Intrepid Wealth Partners or its employees provide tax, legal, or accounting advice. Please consult your own tax, legal, or accounting professional regarding your particular situation.
Intrepid Insights Episode 1 with Matt Howard, CEO & Co-Founder of EatStreet
Great question. Essentially any fund with a "Load" is one in which you will need to pay a sales charge to get in (A shares) or get out of (B shares in the first 7-8 years, or C shares within the first year.)
Different fund families have different loads for their funds and will sometimes give discounts to investors (or households) that invest over certain thresholds. All of this information can be found in the fund prospectus which should be reviewed before buying the fund.
A "No-Load" fund is one in which there is no load (or sales charge) to buy into or sell out of that fund.
Always do some research on the fund before making a purchase.
Hello and Congratulations!
What you "do" with the money will be determined by a variety of factors, specific to your situation. The process I take my entrepreneur clients through is to first do a thorough analysis of their financial situation using a comprehensive financial planning process. In doing so I am able to provide my clients with customized solutions to help them realize their hopes, dreams & goals. By focusing on process and not product one is able to get sound advice without having to worry about what an advisor might be trying to sell you.
I would encourage you to interview a couple different financial advisors. Find someone you like, get along with, and feel is trustworthy. Then vet them with a variety of sources including the FINRA BrokerCheck.
If you would like to have an introductory conversation I would be happy to answer any questions you have to try and point you in the right direction.
All the best,
Thank you for the question. A great place to start your search is the CFP boards website, it allows you to look for registered CFP's and see where they are located, etc. You will also want to check out BrokerCheck by FINRA to make sure anyone you are considering does not have any complaints or judgements against them.
Then, make a short list of advisors, check out their website, and then go interview them in person. It has been my experience that no matter how smart a financial advisor is (or claims to be) that if you don't get along with them then no of the other stuff matters. If you don't like and trust them then it will be that much harder to have a strong professional relationship with them.
Working with a CFO/bookkeeping or CPA service can certainly help you put together a financial plan for your business. For smaller or younger companies, consider using an outsourced CFO service which can be less expensive to you and still give you what you want and need.
Make sure to get in black and white what you are actually paying him and what you are getting for it in return. What you are being charged is typically based on the amount you have with your advisor. For your reference and comparison, here is what I charge my clients for managed portfolios.
I am here as a resource should you have any questions.