Credo Wealth Management
Independent Financial Advisor
Hello, and thank you for stopping by! I am a husband, father, Marine, independent personal wealth manager, business manager, and sports fan.
It is a great honor to enjoy the following highlights:
· Perfect 5-star rating by private clients
· No commissions or minimum investment
· Published by NASDAQ, Investopedia, and Business Insider
· Featured financial advisor by Visa, Inc.
· Historically better investment returns*
*based on data from ARC Private Client Indices (PCI)
Credo means “I believe”. We believe in supporting your heritage by empowering your legacy. We are your personal advocate with fee-only management and advice, Proverbs-based principles, proven strategies, leading technology, human expertise, and historically better performance than the average investor. Credo Wealth Management was born from a passion to help people manage their finances and enjoy a fulfilling life while creating a legacy.
Daniel Schutte founded our firm upon earning his Series 7, Series 66, and Health & Life licenses. After training to be a financial advisor with a large company, he chose to become an independent Registered Investment Advisor in order to serve clients without pressure from commissions, quotas, or restricted investment and insurance options. While Dan has been conducting market research and studying wealth management for over 15 years, he now enjoys providing this service to our valued clients with both competence and care.
Dan is currently managing budgets up to $10 million for Visa, Inc. and previously served as a Marine Corps Intelligence & Operations Officer where he managed over $50 million in assets with the First Marine Headquarters Group. As a resident of Denver, Colorado, Dan is married to his wife, Sarah, and enjoys spending time making memories as a family.
Start investing in your legacy today at: CredoWealthManagement.com
Master of Business Administration (MBA), American Military University
CONTENT: All written content displayed here is for information purposes only. Opinions expressed herein are solely those of Credo Wealth Management LLC unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant, or legal counsel prior to implementation. This communication may provide links to others for the convenience of our users. Our firm has no control over the accuracy or content of these other sources. REGISTRATION: Advisory services are offered through Credo Wealth Management LLC; an investment advisor firm domiciled in the state of Colorado. The presence of this communication on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute.
Welcome to Credo
Invest in Your Legacy
Your Value: Human Insight with Robo Tech
Based on the investment in your portfolio (we recommend a balanced ETF portfolio), your Roth IRA grows over time from compounding returns (bond interest and/or stock dividends). Historically, the stock market has continued to rise despite temporary dips, so a porfolio with a proper stock allocation could grow exponentially over long periods of time. Learn more about compound interest at: https://www.investopedia.com/terms/c/compoundinterest.asp
Five key concepts for portfolio allocation include:
- Diversify your risk (example: use ETFs)
- Consider your time horizon (example: gradually reduce volatility exposure)
- Prioritize your goals (example: ensure funds are liquid when you need them)
- Leverage your tax obligations (example: Roth IRA conversion vs. taxable account)
- Control your principal (example: refuse to fall prey to fear and forfeit your balance with an annuity)
Stocks vary in value like this, which is why they are more risky but also have more potential for reward. Stocks make money by rising in price. However, some stocks also pay dividends periodically, but you need to hold them long enough (usually at least 3 months). Also, good stocks tend to be more profitable with longer time periods. If you want some income with less volatility, bonds may be a better option. A managed ETF portfolio can help diversify risk and make these adjustments based on your goals and time horizon.
While it can feel great to have a mortgage paid off, it's important to also consider opportunity cost. If an investment portfolio historically has a higher rate of return than the interest being paid on debt, investing the available funds can provide a better long-term yield. Of course, you need to be comfortable with the risk as well, which can be diversified and scaled based on your goals and time horizon. You can also start saving/investing sooner versus later with a higher starting balance while paying the term of the mortgage. A 529 Plan can be a great option for college expenses and some advisors can offer management with no sales charges.
Mutual fund are more traditional (old fashioned) with a major disadvantage being how tax liabilities are shared among investors. ETFs are more liquid, transparent, and can have greater diversity with a smaller amount of capital. See a short video on ETF advantages here.