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Fee-Only Financial Planning and Wealth Management

We have experience to give you informed ideas for your money and your future. 



We work together with our clients, providing them with easy-to-understand recommendations and helping you implement them every step of the way.



Clear Vision & Direction

We specialize in providing fee only wealth management and investment services and tax advice for clients seeking financial freedom and security.

Comprehensive Financial Planning and Investment Management 

SCHEDULE A FREE  CONSULTATION 

You likely have several financial planning pieces in place—you pay taxes, invest at least a portion of your savings, have some insurance, and maybe you have done some estate planning and retirement planning, but chances are each of these pieces was developed independently and at different times in your life. Is it any surprise then that you’re unsure if you’re on the right track and making all the progress you could be?

To be effective, financial planning needs to be coordinated. Each piece of the financial plan needs to accomplish its own specific tasks as well as support the tasks of each other piece. We call this life-integrated financial planning, and we are experts in this area. We’ll look at your entire financial picture and help you fit the pieces together properly.


Starter
Professional
Professional+


$50 / month


$100 / month


$250 / month


AUM over $300,000


3 Hours/year
5 hours/year
12 hours/year
12+ hours year
401(k), 403(b), TSP Review401(k), 403(b), TSP Review401(k), 403(b), TSP Review401(k), 403(b) and TSP Review
Personal Finance ReviewPersonal Finance ReviewPersonal Finance ReviewPersonal Finance Review
Traditional & Roth IRATraditional & Roth IRATraditional & Roth IRATraditional & Roth IRA
Education Savings Custodial AccountsEducation Savings Custodial AccountsEducation Savings Custodial AccountsEducation Savings  Custodial Accounts
Email SupportEmail SupportEmail SupportEmail Support
Employee Benefits SupportEmployee Benefits SupportEmployee Benefits SupportEmployee Benefits Support
Mid Year Check UpBi-Annual Meeting2-4 Meetings Social Security Planning




Same Day Phone SupportSame Day Phone Support




Self Directed Account SupportSelf Directed Account Support




Technical Analysis SupportTechnical Analysis Support




Trading SupportTrading Support




Options SupportOptions Support




Kiplinger Personal Finance Magaizine SubscriptionLong Term Care Consideration







Request Appointment with Advisor HERE







Add AUM to any plan

 
 


*breakpoints Assets Under Management (AUM)
$0-$100,000
$100,000
$250,000
$500,000
$1,000,000
$2,500,000
1.50%
1.25%
1.00%
0.85%
0.75%
0.50%


KNOW WHAT YOU ARE LOOKING FOR? CLICK THE BUTTON AND SCHEDULE A FREE

 CONSULTATION 

or call (253) 525-3019


We'll ask you lots of questions, including:

What does your ideal life look like? 

Do you know where your money goes each month?

Are you confident that you and your assets are adequately and properly insured? 

Will you be able to retire with the lifestyle you want? Read more about Retirement Planning

Who is deciding what happens to everything you’ve accumulated when you die—you or the state? 

Are you funding your child’s education at the expense of your future? 


Comprehensive Financial Planning 

Up front charge starting at $500 and an ongoing fee that is paid monthly, in arrears, $50-$250 per month plus AUM as appropriate. 

*Assets Under Management of $300,000 or more, Comprehensive Financial Planning Services are included in the Investment Management Fee (AUM Fee)

*Up front portion of the Comprehensive Financial Planning fee is for client onboarding, data gathering, and setting the basic financial plans. Fees for this service may be paid by electronic funds transfer or check. 

Cobalt Wealth Management is strictly fee-only, meaning we get no commissions or financial incentives from any financial service provider.  You can rest assured that when we make recommendations for specific products or services, we do so because we believe it to be in your best interest.

Subscription Based Fees: Cobalt Wealth Management does not require a minimum portfolio size to work with you. If you have solid earnings, little/no assets (not yet rich), complex needs, and the desire for proactive wealth management, we offer ongoing planning based on a monthly subscription fee ranging from $50 to $250 per month.

We give you comprehensive financial planning. We review all your accounts, your insurance policies, your employer retirement plans, your estate planning, your college funding, your retirement projections. We recommend a portfolio allocation based on your risk tolerance and goals. We transfer your accounts to our custodian TD Ameritrade. We reallocate, and we rebalance. We meet with you 2-4 times a year to review your investment performance and do those planning tasks. You receive quarterly performance reports whether or not we meet in that quarter.

Investment Portfolio Management

We offer a broad range of portfolio management and financial planning solutions customized for your specific needs, goals, and life stage. We apply a clear, well defined and objective process. Below is a cross-section of wealth management issues that our clients commonly encounter.

Key Portfolio Management Factors

  • What is the current risk level of our total investment portfolio?
  • Does our current portfolio meet our lifestyle needs? How might we reposition our investments to meet our lifestyle objectives?
  • What is our net annual return in dollars and on a percentage basis?
  • How much are we paying annually for investment advice?

Planning For Retirement

  • How soon can we afford to downsize our careers or elect to fully retire and reasonably be expected to maintain our standard of living throughout our retirement years?
  • Now that we are finally reaching our retirement years, how should we modify our investment plan to provide more stability and higher incoming at the expense of higher growth and volatility?
  • What assumption are prudent to make about inflation, rate of return on investments, longevity?

Financial Management During Retirement

  • How much can we draw annually from our investment portfolio to supplement other sources of retirement income, while still making sure that our portfolio value keeps up with inflation?
  • What are the optimal choices to make for required minimum distributions from our retirement accounts prior to reaching age 70 1/2?
  • What investments should I spend first in retirement - taxable or tax deferred retirement assets?
  • Should we consider long-term care insurance? What are the key factors to consider?
  • My spouse is not knowledgeable about (or perhaps not interested in) financial matters. Who can my spouse turn to for assistance if I am no longer available to handle our affairs?

See what we're all about

Your Money. Your Unique Journey.

We succeed by providing excellent client service and expert advice to individuals, families, and businesses in many facets of investments and financial planning.

We honor our fiduciary duty above all, and practice full disclosure, due-diligence, and client communication. We work in a collaborative atmosphere with our clients, with whom we reach mutual agreement on every phase of the financial planning process.


Focus 

Allow us to become a trusted partner and guide to be available and to provide insightful advice to enable you to make informed financial decisions.

Integrity

We maintain the highest ethical standards. This is always reflected in our advice and actions. 

Professionalism

We combine expertise and experience to give each client the close personal and professional attention he or she deserves.

Dave Hoit Photo

Dave Hoit

MANAGING PRINCIPAL

Dave is a Fee-Only financial planner and Co-Founder of Cobalt Wealth Management. He has been a licensed registered representative for nearly 25 years, beginning his career as a stockbroker with a small regional firm, Freeman Welwood in 1994. Dave worked with individual investors, institutional clients and maintained a close relationship with the trading desk during his tenure at Freeman Welwood. He was promoted to Branch Manager/VP in 2001, and would go on to open and manage several Scottrade branches in his career. Dave is a financial professional and specializes in helping clients build financially secure futures by providing Fee-Only comprehensive financial planning and investment advice throughout Kitsap and Pierce counties including, Fox Island, Gig Harbor, and Port Orchard. 


Joshua Paulus | MBA Photo

Joshua Paulus | MBA

MANAGING PRINCIPAL

Fee-Only financial planner and Co-Founder of Cobalt Wealth Management, Joshua has over 5 years of experience in the financial services industry, 9 years enlisted in the United States Coast Guard and holds a bachelors degree in Finance and an MBA in leadership. Joshua's primary responsibility is executive and business oversight, regulatory operations, personal financial advising and portfolio management for x and y generation clients throughout Kitsap and Pierce counties including, Fox Island, Gig Harbor, Bremerton and Port Orchard

Joshua has been married for 16 years and with two teenage boys playing lacrosse, he is actively involved in the youth lacrosse community in the Puget Sound Region. He is the Varsity Head Coach at South Kitsap High School, the president of the Kitsap Youth Lacrosse Association, and the director of Yetis Lacrosse

Currently, Joshua is working toward a Doctor of Business Administration degree with the City University of Seattle. 

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Dedicated Service Team Photo

Dedicated Service Team

More than 6,000 Registered Investment Advisors nationwide have chosen TD Ameritrade Institutional as their preferred provider of client account support. With over $1.1 Trillion in total client assets, and over 11 million client accounts, you can be certain that your assets are held with a financial institution that you can trust. 


We choose TD Ameritrade Institutional to hold our clients investment and retirement accounts because of their:


Cutting edge technology.

Low-cost investment options.

Extensive investment research.

Lack of nickel and dime client fees. 

With a partner like TD Ameritrade Institutional, our firm is supported by a team that works with us each and every day. TD Ameritrade Institutional assists us in providing unparalleled client service and support, along with industry leading technology. 

Membership Partner Firm Photo

Membership Partner Firm


With nearly 1,000 members across the country, our XY Planning Network membership provides us with many important benefits. Benefits such as:

Access to investments that non-members oftentimes cannot obtain access to.

Compliance support services. 

Financial advisor continuing educational workshops and events. 

Executive business coaching. 

Innovative investment programs. 

Discounted access to top-notch support technology. 

Each XY Planning Member has no minimums, no sales quotas, offers virtual & and in-person meetings, and has signed a sworn fiduciary oath to put your interests and needs first and foremost. 


Professionals

We know that time is a luxury for successful professionals who are focused on career and family. We help free up your time by managing the details of your financial life. Common questions include:

  • How should I pursue my financial goals?
  • How do I make sense of my employee benefits?
  • How much home can I comfortably afford?
  • How much should I be saving for retirement?
  • How do I prioritize paying off debt vs. investing?
  • How much should I save for my children’s college education?

Professionals nearing retirement are many times too busy to do in-depth retirement planning. We work with professionals to make sure all areas of retirement planning are addressed, especially focusing during this phase of their lives on the accumulation of adequate wealth for a comfortable, worry-free retirement.

The transition into retirement can be overwhelming. Furthermore, every insurance agent and broker seems to want to sell you a high-priced annuity loaded with hidden fees and surrender charges. We work with clients to make this transition intelligently over time, using low-cost no-load investments. We also help with the many decisions faced by a retiree.


Gen X and Gen Y Families and Individuals

We develop tailored solutions to help our clients work towards their financial goals. Our focus encompasses the Accumulation, Protection and Transferring of your wealth to future generations to meet your family’s objectives.




Retirees

Retirees often discover a whole new set of questions about their finances and investments. We provide the resources and guidance so you can feel confident about this next phase of life. Common questions include:

  • Have I accumulated enough money so I don’t outlive it?

  • Can I afford the lifestyle I want to live?

  • How should I position my portfolio in retirement?

  • Do I need to update my estate plan?

  • Should I withdraw from my IRA or taxable investment accounts first?


Military and Shipyard

TSP review and planning. Getting out assistance and career changes.

Small Business Owners

The needs of each business owner are unique. We create an environment that allows you to focus solely on the growth and security of your business. Our wealth management solutions are designed to integrate both your personal and business financial needs via a customized plan to maintain the strength of your business and to work towards personal financial security.

In addition, many small businesses have the desire but lack the skill and time to find ways to help their employees prepare for retirement successfully. We work with countless business owners in providing retirement plan services, risk management consulting, succession planning and estate planning.

Celebrating Fox Island Magazine

Please check us out and subscribe to our new YouTube channel for financial planning education and information! 





FAQ

What does Fee-Only mean? 

Fee-only advisors get paid for the advice and guidance they  provide. They do not receive commissions, nor do they sell products. The  client – and the client’s needs – are at the center of the  relationship, not some firm the advisor represents or the products the  firm sells.

What are Subscription Based Fees vs AUM (Assets Under Management): Cobalt Wealth Management does not require a minimum portfolio size to work with you. If you have earnings, little to no investable assets, complex needs, and the desire for comprehensive wealth management, we provide ongoing planning based on a monthly subscription fee ranging from $50 to $250 per month.


TDA Deposit Methods

Make deposits to TD Ameritrade Accounts in any of the following ways:

Use the TD Ameritrade “Advisor Client” mobile app and deposit a check from your phone! The app is free from the Google Play Store or the Apple App Store. (Note that deposits are limited to $10,000 per check per day.)


Use your Advisor Client website login to access your account(s) in the app. If you need that login information, Contact us today!

GET YOUR MOBILE APP

Establish a “MoveMoney” authorization for on-demand or regularly-scheduled ACH deposits.

 

Contact us for the form and secure completion instructions. Be sure to let us know if you want to establish for a general brokerage or an IRA (including Roth IRA) account.

Use the online bill pay feature of your checking account to send a payment to TD Ameritrade. Include your account number in the “account number” field. Send payment to:

TD Ameritrade Institutional
PO BOX 650567
Dallas, TX 75265-0567

 

Send a check payable to TD Ameritrade with your account number in the memo line to:

USPS Regular Mail

Any Overnight Delivery

TD Ameritrade Institutional
PO BOX 650567
Dallas, TX 75265-0567

TD Ameritrade Institutional
7801 Mesquite Bend Drive, Suite 112
Irving, TX 75063-6043



Current Clients of Cobalt Wealth Management: May Mail a check to

Cobalt Wealth Management, llc

7258 E Fillmore St.

Port Orchard, WA 98366

 

NOTE: Deposits to IRA accounts should have a notation indicating the year to which the deposit applies.

 

Learn How We Can Help

Get In Touch

While every conversation is different, you should expect to cover some general information and get a sense of what it’s like to collaborate with us. 



Client Center

CLIENT CENTER

The client center provides our client’s secure access to their financial accounts, financial plans, and reports. If you find you need assistance with any of these sites, please contact our service team, and we will be happy to assist you.


ACCESS YOUR INVESTMENT ACCOUNTS

This is TD Ameritrade's specialized site for Advisory Clients. This site is used to access your monthly statements, investments, trade confirmations, and year-end 1099 tax forms.  Please click on the button below to go to access your account.




ACCESS YOUR FINANCIAL PLAN

This site is used to access your online financial plan. Here you can check your progress toward your goals, check on your spending, update your accounts or securely share personal documents with the document vault. Use the button below to access your financial planning portal.

Cobalt Wealth Management: Right Capital Financial Plan Client Login