frequently asked questions
What can Mosaicfi help me with?
We work with you to address financial and life-planning needs and goals. Our process includes:
Our goal is to provide peace of mind to our clients that can come from having their financial life managed in one place.
- Clarifying financial risks and opportunities
- Defining personal financial goals
- Developing an effective, attainable financial plan
- Minimizing taxes and sharing how changes in tax laws may impact you
- Optimizing investment strategies
Our goal is to provide peace of mind to our clients that can come from having their financial life managed in one place.
What can Mosaicfi help me with?
What time commitment is required from me?
Generally we have 2-3 in-depth conversations at the beginning of our relationship.
The first meeting allows us to learn about each other. We will ask you about yourself (and family, if applicable), your goals and concerns, your feelings about money, and your overall financial situation. It is also an opportunity for you to learn about our financial planning and investment management services and fees, our philosophy, and our approach to working with clients. And, it is a great opportunity for you to ask us questions.
If you feel comfortable that Mosaicfi is a match for you, the second meeting will be a deeper dive into facts and figures and the start of the comprehensive financial planning process.
After we review the financial plan together, usually at the third meeting, regular check-ins (often quarterly or semi-annually) are recommended for clients whose assets we manage or who have elected to engage with us for ongoing financial planning services. We also encourage clients to reach out to us whenever there is a question, change, a transition, or they just want to talk!
The first meeting allows us to learn about each other. We will ask you about yourself (and family, if applicable), your goals and concerns, your feelings about money, and your overall financial situation. It is also an opportunity for you to learn about our financial planning and investment management services and fees, our philosophy, and our approach to working with clients. And, it is a great opportunity for you to ask us questions.
If you feel comfortable that Mosaicfi is a match for you, the second meeting will be a deeper dive into facts and figures and the start of the comprehensive financial planning process.
After we review the financial plan together, usually at the third meeting, regular check-ins (often quarterly or semi-annually) are recommended for clients whose assets we manage or who have elected to engage with us for ongoing financial planning services. We also encourage clients to reach out to us whenever there is a question, change, a transition, or they just want to talk!
What time commitment is required from me?
How does Mosaicfi get paid?
As a fiduciary, we believe fees must be transparent and easily quantifiable. We encourage clients to ask about fees and understand what they are paying. Our fees are based on the services provided and are outlined below.
For clients who would benefit from ongoing investment management and comprehensive financial planning services, Mosaicfi charges a percentage of the assets managed. For example, if we manage $1mm, our 1% fee would equate to $10,000 annually for our services. For our complete fee schedule, click here.
For clients who would benefit from ongoing investment management and comprehensive financial planning services, Mosaicfi charges a percentage of the assets managed. For example, if we manage $1mm, our 1% fee would equate to $10,000 annually for our services. For our complete fee schedule, click here.
How does Mosaicfi get paid?
Financial Planning Services Only
For clients looking for comprehensive financial planning but who manage their own investments and/or work with other investment advisors, Mosaicfi provides financial planning services without ongoing investment management services. Fees start at $3500 and increase based on complexity.
What are the benefits of having my investments managed?
Whether investments are managed by us or someone else, one of the primary benefits of professional investment management is that it separates the emotion from investment decisions. In addition, the investment portfolio becomes the responsibility of a professional who actually enjoys the research, number crunching, and analysis required.
Our focus is to help clients by investing for maximum growth at a level of risk that is appropriate for them. Once we understand a client’s financial goals and engage in financial planning, we will determine the asset allocation and select the appropriate investments we believe will be in their best interest. In addition, our investment accounts are regularly monitored for re-balancing based on the performance of the markets. We also regularly monitor our fund managers for significant changes in personnel, performance, and /or volatility and make adjustments as needed.
Our focus is to help clients by investing for maximum growth at a level of risk that is appropriate for them. Once we understand a client’s financial goals and engage in financial planning, we will determine the asset allocation and select the appropriate investments we believe will be in their best interest. In addition, our investment accounts are regularly monitored for re-balancing based on the performance of the markets. We also regularly monitor our fund managers for significant changes in personnel, performance, and /or volatility and make adjustments as needed.
What are the benefits of having my investments managed?
What questions should I ask when interviewing Mosaicfi?
What credentials and experience do you have that is relevant to my situation?
What is most important to you as an advisor?
How does my situation compare to a ‘typical’ client? What clients are not a good fit?
How do you make investment decisions?
What are your deliverables to clients?
Do you receive compensation from any other sources aside from client fees?
When do you coordinate with your clients’ other advisors?
What is most important to you as an advisor?
How does my situation compare to a ‘typical’ client? What clients are not a good fit?
How do you make investment decisions?
What are your deliverables to clients?
Do you receive compensation from any other sources aside from client fees?
When do you coordinate with your clients’ other advisors?
What questions should I ask when interviewing Mosaicfi?
Do you work with men?
Yes, we have many male clients. We work closely with the husbands, brothers, sons, fathers, uncles, and male friends of our female clients. We choose to focus on women because we know that women:
- have not been well-served by the financial services industry
- often shy away from money matters
- statistically outlive, and earn less than, their male counterparts and need to plan differently
- often feel more comfortable sharing their concerns with another woman and appreciate high-touch partnerships.
Do you work with men?
And, as professional women working in a traditionally male-dominated industry, we understand the unique responsibilities and concerns of women.
Does Mosaicfi work with clients outside of Chicago?
Yes! We are fortunate to have clients all over the United States as well as international clients. For clients outside of Illinois we typically meet via Zoom, but are happy to meet in-person as needed or requested.
Does Mosaicfi work with clients outside of Chicago?
