Frequently Asked Questions
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I operate as a fee-based advisor and believe in keeping fees simple and transparent. You will always understand what you’re paying and why. Depending on your needs, I offer:
Stand-alone financial planning for a clear, one-time fee
Ongoing investment management and financial planning for a percentage-based fee on assets managed
Term life, disability, and long-term care insurance, only if it fits the needs of your financial plan
I earn a commission on insurance products, and I’ll always disclose that up front. My goal is to align my incentives with yours, so as your financial life grows and improves, we both benefit. My fees are clearly displayed on my Services page.
Insurance products are offered separately through licensed insurance agents, not through Inspire Advisors. Will Odland receives insurance commissions, creating a financial incentive to recommend insurance. Clients are not required to purchase insurance through him.
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There’s no minimum. Investment management fees follow a tiered schedule based on your household’s total assets, with a higher rate for smaller households. Stand-alone financial planning is also available for a flat fee.
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Yes. As an investment adviser representative, I’m required to act in your best interest when providing investment advice. If term life, disability, or long-term care insurance fits your plan, I’ll explain how I’m paid on it before you decide.
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Your accounts are held in your name at Charles Schwab, an independent custodian. I manage the investments, but I can’t withdraw money for myself. The only payment I receive from your accounts is the advisory fee you’ve agreed to.
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Our first meeting is a casual, no-obligation conversation designed to understand your financial goals, concerns, and questions. We’ll discuss:
Your current financial situation and key priorities
What’s important to you when it comes to money and investing
How I approach financial planning and investment management
Whether we’re a good fit to work together
This meeting typically lasts one hour, and you’ll leave with a clearer understanding of your next steps.
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We can meet at my office in Alexandria (by appointment) or by Zoom, so I work with clients across Central Minnesota and anywhere in the country.
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Yes, many of my clients came from a previous advisor. I’ll walk you through the transfer process.
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Yes. I coordinate will-based and trust-based estate plans created by my partner, Encore Estate Planning, with discounted pricing for Fidelis clients.
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Yes. Most people have never seen a list of the companies inside their funds. I offer a free portfolio screening of your current investments, so you can see what you own and how it lines up with your values. There’s no obligation to move anything.
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According to Inspire Investing’s published comparison, the screening I use is consistent with or goes beyond the USCCB’s investment guidelines in every area.
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That’s okay. I think you should know what your investments are supporting, but the decision is yours. Most of my clients choose biblically responsible portfolios. If, after seeing your portfolio’s moral exposure, you’d still prefer a secular portfolio, I’ll respect that. Screened portfolios may perform differently from unscreened ones, and I’m happy to walk you through how they’re built and what to expect.
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I combine comprehensive financial planning with investment management that reflects your faith. You work directly with me, and your plan covers the whole picture: retirement, taxes, investments, giving, and estate planning. I work with families and business owners in Alexandria and across Central Minnesota, and virtually anywhere in the country.
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A CERTIFIED FINANCIAL PLANNER® professional has met rigorous education, exam, experience, and ethics requirements set by the CFP Board. The training covers retirement, tax, investment, insurance, and estate planning.
A Certified Kingdom Advisor® has completed additional training in applying biblical wisdom to financial advice, including stewardship, generosity, and values-based investing. Together, the two mean your plan is built to be technically sound and also consistent with your Christian values.