Amherst, NY: Level Financial Advisors’ new Blueprint℠ service for younger investors with less than $250,000 to invest has been featured in a full-length article by Charles Schwab Advisor Services for the 7,000 independent registered investment advisors who custody their accounts at Schwab.
The article described the advantages of Level’s proprietary Blueprint offering for high-earning individuals and families who are at the beginning of their lifetime financial journey. These clients traditionally have been underserved by the investment industry, where sophisticated financial planning and investment management advice was usually reserved for those who had already accumulated large sums to invest, said Michael Heburn, Level’s Chief Operating Officer.
“We are trying to establish a relationship with our clients from the very beginning,” Heburn said. “We are targeting young, high earners and planting the seeds for future relationships when these folks get into their 40s and 50s.”
Blueprint offers clients with as little as $5,000 a digital investing platform, a dedicated financial advisor, annual financial planning, online financial planning tools, and a digital app to track their portfolios.
Level’s research found that younger investors are comfortable with online services and prefer to be billed in smaller increments on a subscription basis. Blueprint clients can do online video conferencing with Level advisors and pay their annual management fees on an automatic, monthly basis.
Heburn noted that the firm hopes to help Blueprint clients “outgrow” the service and move into its next level, Foundation, a service that offers additional financial planning services and dedicated advisors to clients with up to $750,000 to invest.
The firm also offers a more comprehensive service named Cornerstone to clients with more than $750,000 to invest. The service offers each client two dedicated advisors, and additional estate planning and multi-generational planning for families.
Level manages $299 million in assets for over 500 households and is based in Amherst, NY. The firm has been in business since 1980 and recently changed its name from Schroeder, Braxton and Vogt, Inc. as part of its rebranding efforts.
For more information contact Michael Heburn, Chief Operating Officer, at: