Financial Freedom Company

Financial Freedom Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Financial Freedom Company was established in 2002 as a financial consulting firm, with its incorporation following in 2005. The firm was founded by Cindi Phillips, who aimed to provide exceptional financial consulting services focused on customer care and the best interests of clients.

Parent Company/Ownership Structure

Financial Freedom operates as an independent entity, with a family-owned structure that emphasizes a commitment to serving clients without external pressures from product companies or commission-based sales.

Headquarters Location

The company's headquarters is located at 8044 Montgomery Road, Suite 700, Cincinnati, Ohio 45236, USA. Additionally, it has office locations in Beavercreek, Ohio, Malvern, Pennsylvania, and Sarasota, Florida.

Global Business Scope

While primarily serving clients in the United States, Financial Freedom has a broad scope that includes various financial advisory services, catering to individuals, families, and small businesses.

Main Regulatory Bodies

Financial Freedom is regulated by several bodies, including the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). These organizations ensure compliance with financial regulations and protect investors.

2. Company History and Development

Key Milestones

• 2002: Financial Freedom was founded as a financial consulting firm.
• 2005: The company was officially incorporated, marking its transition to a registered investment advisory firm.
• 2016: The firm expanded its services to include comprehensive financial planning and portfolio management.

Business Expansion Journey

Over the years, Financial Freedom has grown its service offerings to include a wide range of financial planning solutions, investment management, and retirement planning. The firm has also expanded its physical presence with multiple office locations across Ohio and Florida.

Customer Base Growth

Financial Freedom has seen significant growth in its customer base, currently serving over 1,225 clients with a total assets under management (AUM) of approximately $315.1 million. The firm has established a client-to-advisor ratio of 306:1, indicating a personalized approach to client service.

Platform Development History

The firm has developed a robust platform for financial planning and investment management, utilizing advanced tools and resources to assist clients in achieving their financial goals. This includes the publication of educational materials and insights to keep clients informed.

Important Awards or Recognitions Received

While specific awards were not detailed in the available information, Financial Freedom's commitment to fiduciary standards and client-focused services positions it favorably within the wealth management industry.

3. Trading Services Offered

Forex Trading Options

Financial Freedom provides access to forex trading, offering a variety of currency pairs. The exact number of currency pairs available was not specified, but the firm aims to cater to diverse trading needs.

Stock Trading Options

The company offers stock trading services, allowing clients to invest in a wide range of publicly traded companies. This service is part of their comprehensive investment management solutions.

CFD Trading Products

Financial Freedom also provides Contracts for Difference (CFDs), enabling clients to speculate on price movements of various financial instruments without owning the underlying assets.

Other Financial Instruments

In addition to forex and stock trading, Financial Freedom offers access to other financial instruments, including cryptocurrencies and commodities. This diversification allows clients to build a well-rounded investment portfolio.

Special Services or Unique Advantages

As a fee-only financial advisory firm, Financial Freedom distinguishes itself by not earning commissions on product sales. This structure aligns the firm's interests with those of its clients, fostering a more transparent and trustworthy relationship.

4. Regulatory and Legal Background

Detailed Regulatory Information

Financial Freedom is regulated by:

• Securities and Exchange Commission (SEC)
• Financial Industry Regulatory Authority (FINRA)

These regulatory bodies oversee the firms operations to ensure compliance with federal securities laws and protect investors.

Legal Entity Structure by Region

Financial Freedom operates as a registered investment advisory firm in multiple states, including Ohio, Pennsylvania, and Florida. The firm is structured to comply with state-specific regulations while maintaining its fiduciary responsibilities.

Client Fund Protection Measures

To protect client funds, Financial Freedom adheres to strict compliance measures and regulatory standards. Client assets are typically held in segregated accounts, ensuring that they are safeguarded against potential firm insolvency.

Countries/Regions Served

While primarily focused on the U.S. market, Financial Freedom's services are available to clients in various states, including Florida, Maine, New Hampshire, Ohio, and Pennsylvania.

Compliance History

Financial Freedom has no reported disciplinary actions or disclosures, indicating a clean compliance history and a commitment to adhering to regulatory standards.

5. Competitive Landscape

3-5 Main Competitors

1. Fidelity Investments
2. Charles Schwab
3. Vanguard Group
4. Edward Jones
5. Merrill Lynch

Positioning in the Industry

Financial Freedom positions itself as a fee-only fiduciary firm, emphasizing personalized service and comprehensive financial planning. This differentiates it from competitors that may have commission-based structures.

Market Differentiation Factors

Financial Freedom's commitment to a fee-only model, coupled with its focus on long-term client relationships and comprehensive financial planning, sets it apart in the competitive landscape. The firm‘s independent nature allows it to provide unbiased advice tailored to each client’s unique financial situation.

For more information about Financial Freedom Company and its services, please learn more.

If you have any further questions or need assistance, feel free to reach out to Financial Freedom at their contact number: 1-800-503-9500.

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