Our Mission Statement
At Gem Young Wealth, we have always placed immense value on integrity, quality service and building relationships. One of our major strengths is a client-centered team approach that recognizes that our reputation is based upon the satisfaction of our clientele.
When it comes to financial services, we work hard to help you develop strategies designed to help you address your financial future. We take pride in our approaches to retirement strategies, 401K plans, IRA’s, estate analysis and college savings strategies.
We are a full-service Registered Investment Advisory firm committed to helping people pursue their financial goals. We offer a wide range of financial services to individuals and business owners. We believe you will be better able to identify your goals and make sound decisions to help reach them by our providing sound financial information.
While developing a customized financial plan, we will walk you through a step-by-step process that will help make you feel confident in your decisions.
Once your goals have been established, we will customize appropriate strategies to suit your vision and objectives. We can help you execute a sound financial plan utilizing the following services: Retirement Planning, 401 K Plans, IRA’s, Estate Planning and College Funding Ideas.
We have been working with individuals and businesses in the area since 1947, but more recently provided Registered Investment Advisory services.
Leo Daprile holds various professional designations, and is qualified to sell a variety of investment and insurance products. Leo Daprile is an Investment Advisor Representative (IAR) of Gem-Young Wealth Advisors, a Registered Investment Advisor (RIA) and is legally bound to work in your best interest.
Registered Investment Advisors are held to a fiduciary standard of care. By law, they must ensure that each investment recommendation they make is based on your best interest. In the event that a conflict of interest should arise, RIAs are required to let you know. Additionally, they are required to have a written code of ethics that governs their actions and fully discloses how they are compensated.
Most RIAs work under fee-based compensation. It’s important to understand exactly how your advisor is compensated. Most independent RIAs charge a flat fee or a fee based on the assets they manage for you. This straightforward system is easy to understand, is fully disclosed to you in writing, and provides additional incentive for your advisor to grow your assets.
RIAs are required to maintain public business records. RIAs must file a Form ADV with the Securities and Exchange Commission that describes exactly how they do business and how they are compensated.
Many RIAs operate as independent business owners. As entrepreneurs, most independent RIAs have a vested interest in building long-term relationships with satisfied clients. They generally have relationships with a wide network of professionals who have expertise in a variety of areas including accounting, estate planning, and insurance. These networks allow the RIA to design a comprehensive strategy to meet your individual goals and objectives.
Most independent RIAs work with a third-party custodian. That means that your assets are held by an independent third-party custodian, such as TD Ameritrade, Inc., and that you will receive regular statements from that custodian detailing every transaction in your account, in addition to any reports that your RIA may send.
We are dedicated to developing lasting relationships with all our clients. We believe in helping you assess your financial goals and participate in the management of your finances.
One of the benefits of working with us is our ability to provide clear, easily understood explanations of financial products and services. The personalized program that we can provide is a roadmap to address your financial future.
We’re looking forward to using our experience to help you pursue your financial goals.