Glenn Wessel

1. What are your firm names?

• Registered Investment Advisor

  Wessel Investment Counsel, LLC

• Broker Dealer

  Shareholders Service Group (but we don\'t represent them, we represent you.)

2. What is your type of RIA registration?

• State: North Carolina

3. Are you a sole practitioner or a member of a firm or team?

• Sole Practitioner

4. What is your relationship to your Registered Investment Advisor?

• Owner

5. What are your years of applicable financial service experience?

• 23 Years

6. Do you have any college degree(s)?

7. Do you belong to any industry associations?

• CFA Institute
• CFP Board of Standards, Inc.
• NC Board of CPA Examiners

8. What is your CRD or IARD number?

• 1430479

9. Do you hold any active securities licenses?

• No Active Security Licenses

10. Which categories of financial services do you provide?

• Financial Planning Advice & Services
• Investment Advice & Services
• Other

11. Which planning services do you provide?

• Financial Plans
• Retirement Plans
• Other

12. Which investment advisory services do you provide?

• Investment Strategy & Policy
• Risk Management
• Rebalancing
• Money Manager Selection
• Performance Reports
• Other
• Asset Allocation
• Tax Efficient Investing

13. If you make investment decisions for clients, how do you invest their assets?

• Securities in Separate Accounts
• Mutual Funds
• Exchange Traded Funds
• Hedge Funds
• Money Market Funds
• Real Estate Partnerships
• CDs

14. How many clients (not accounts) do you currently service?

• 67

15. What amount of client assets is currently under your management or advisement?

• $53,167,900

16. What is minimum fee for your planning services?

• Did Not Provide

17. What is your minimum asset requirement for your investment services?

• $0

18. What is your minimum net worth requirement for your planning services?

• None

19. What type of compensation do you receive for your planning services?

• Asset Based Fees
• Hourly Fees

20. What type of compensation do you receive for your investment advisory services?

• Asset Based Fees
• Hourly Fees

21. Do you work with remote clients over the Internet and telephone?

• Yes

22. Do you hold any active insurance licenses?

• Other

23. Are you a Registered Investment Advisor or an Investment Advisor Representative?

• Yes

24. Do you acknowledge you are a fiduciary when you provide financial advice and services for fees?

• Yes

25. What states are covered by your registration(s) to sell investment advisory services?

• North Carolina

26. What states are covered by your registration(s) to sell investment and brokerage products?

• Not Applicable (I do not sell investment products)

27. What states are covered by your registration(s) to sell insurance products?

• Not Applicable (I do not sell insurance products)

28. Do you have any compliance disclosures for the past 5 years?

• Investment Disclosures: No
• Insurance Disclosures: No

29. Do you have any criminal disclosures since you became an adult?

• Misdemeanors: No
• Felonies: No

30. How do investors view your ADV Part II?

• View ADV

31. Additional Disclosure Statements or Comments

• We represent our clients, not some brokerage firm or insurance company. As such, we manage a large sum of money and provide planning advice, but we do not actually sell any financial products.

32. What languages do you speak fluently?

• English

33. What is your primary role?

• Advisor/Manager

34. Which investment products do you sell?

• None (I do not sell investment products)

35. Which insurance products do you sell?

• None (I do not sell insurance products)

36. Do you provide tax advice and services?

• No

37. Do you provide legal advice and services?

• No

38. Do you provide any limited engagement services?

• Planning Only (No investment services)
• Financial Plan Reviews
• Investment Portfolio Reviews
• Other

39. What types of clients do you work with?

• Individuals

40. Where does your first meeting with a prospective client take place?

• Investor's Preference

41. Which companies act as custodians for your clients assets?

• Shareholders Service Group/Pershing
• Shareholders Service Group, Inc. (a discount broker)

42. What types of reports do you provide your clients and what is the frequency?

• Performance (Quarterly)
• Brokerage Statement (Monthly)
• Market Environment (Not Applicable)
• Newsletters (Quarterly)
• Other (Not Applicable)

43. General Comments:

Beware of watered-down advisor credentials. The credentials I have took me almost 13 years to acquire. Paladin rates credentials, too, and gives each of my credentials its best rating of 5 stars: CFA - "The most highly regarded credential that is currently available to financial advisors." CFP - "The most highly regarded financial planner designation." CPA - "The most recognized credential in the U.S." I've done my homework.

Certification