Menu

Paladin Registry 5 Stars

This advisor or firm is a vetted, documented member of the Paladin Registry.

This advisor or firm received a 5 Star quality rating from Paladin’s research department. Paladin analysts use a proprietary algorithm to rate the quality of financial advisor and firm credentials, ethics, business practices, and services.

Paladin provides free information services to investors who rely on planners and investment advisors to help them achieve their financial goals. Paladin is the only SEC registered firm that vets, validates, and documents the quality of financial professionals and firms (since 2003).

Paladin Research Report For:

Dr. Jeff Camarda

Camarda Wealth Advisory Group

Dr. Jeff Camarda, a financial fiduciary, has been a Paladin Registry member since 2009. Dr. Jeff is the partner in Camarda Wealth Advisory Group. Dr. Jeff holds the Chartered Financial Analyst , Enrolled Agent certifications and has over 32 years of experience. Dr. Jeff provides financial services to clients in the Fleming Island, Florida area.

I.
Snapshot

Part I provides a quick summary of this advisor’s credentials, ethical history, and business practices. See additional descriptive information in Parts IV through VIII of this research report.

A. Registry Member
  • Since 2009
B. Years of Experience
  • 32
C. College Degrees
  • SUNY/BA - Bachelor of Science
  • The American College - Masters Science, Financial Services
  • The American College - PhD Financial and Retirement Planning
D. Certifications
  • CFA®, EA
E. Financial Fiduciary
  • Yes
F. Business Philosophy
  • Read Business Philosophy

    The Constitution of Camarda Wealth Advisory This Camarda Wealth Constitution is a long-term, guiding document intended to express the highest, most enduring values that Camarda and its people represent. It reflects our reason for being, not only for now, but also for the generations to come. Our reason for being, quite simply, is to be the best at delivering objective, professional/academic-grade, risk-controlled investment advice & integrated wealth management advice specifically and exclusively designed to serve the needs, goals and financial security of our clients. We exist, in a nutshell, to help make the dreams of our clients and their families come true. In this, our clients and their interests come indisputably first. We exist solely to serve them in an expert, conscientious, unfailingly ethical manner, which targets the results they want and need. It is not enough to do what is expected or required; we are called to do what is right, and what needs to be done.

G. Asset Requirement
  • $250,000

II.
Contact Information

Part II provides general contact information

A. Key Contact
  • Jeff Camarda
B. Main Location
  • 4371 US Highway 17
    Suite 201
    Fleming Island, Florida, 32003
C. Telephone
  • 800-262-1083
D. Comments
  • I founded Camarda Wealth in 1993 with the objective of providing objective, expert financial guidance that makes a real difference in achieving outstanding wealth results. To do this, I have spent decades on my financial education, earning the CFP, ChFC, CLU, CFS, BCM, EA and MSFS credentials, and a PhD in Financial and Retirement Planning. I believe that by integrating very smart investment, tax, estate, asset protection, retirement income, and risk control planning, people, families and businesses can achieve their wealth goals faster, safer ,and more cost-effectively. I feel fortunate to have been twice recognized by Barron's as "one of America's best financial advisers," and to have the Wall Street Journal feature my advice four times. WORTH Magazine called me a "Top 250 Wealth Adviser," and the firm's been named a Premier Adviser by the National Association of Board Certified Advisory Practices, a “Top Wealth Manager” by Bloomberg's Wealth Manager Magazine, and a “Top Investment Adviser” by Financial Adviser Magazine

III.
Internet

You should use the Internet to conduct your own online research for advisors before you select them:

  • Visit firm websites
  • Google search names (advisors, firms, owners of firms)
  • Check advisor compliance records at FINRA.org
  • View firm ADVs at SEC.gov
  • View social connections
  • Read articles that have been written by this advisor or firm
Tip: The information on the Internet is easy to access, you retain your anonymity while you conduct your research, and you will find information that helps you make the right decisions.

A. Visit Website
B. Social Connections

IV.
Firm(s)

This part of the research report contains important information that describes an advisor’s relationship to various financial firms.

RIA (Registered Investment Advisor): This type of firm registration permits the advisor to provide financial advice and services for fees.

Broker/Dealer: This type of firm licenses representatives who sell financial products for commissions.

Relationship: The advisor may be an owner, employee, partner, or independent contractor.

Tip: Make sure you know who owns the advisor’s RIA and Broker/Dealer (if applicable). The firm may look independent, but it may be owned by a bank or insurance company. Google the name of the owner to make sure there is no history of financial fraud, misrepresentation, or omission.

A. Name of Firm
  • Camarda Wealth Advisory Group
B. Relationship to Firm
  • Partner
C. Name of RIA
  • Camarda Wealth Advisory Group
D. Name of Broker/Dealer
  • None
E. Name(s) of Custodian(s)
  • TD Ameritrade
  • Schwab
F. Comments
  • About Camarda Wealth Founded in 1993, Camarda Wealth has been advising successful families and managing their investment portfolios for many, many years. Firm Chairman Jeff Camarda has been repeatedly named by Barron’s as “one of the best financial advisors in America.” Barron’s calls ranked advisors like Jeff “the best people in the business” and “truly great financial advisors” and says that they are “accepted in the industry” as the “top 1%” who set “the highest standards of their profession.”* He was also named one of WORTH Magazines’ “Top 250 advisors” in the US, had his advice featured in the Wall Street Journal for years, and been quoted as a financial expert in the national press for decades. He holds many financial and investment designations, including Chartered Financial Analyst (CFA®) and the E.A. tax credential. Jeff has written hundreds of articles and dozens of financial reports, whitepapers, and guides, and is currently at work on his dissertation for a doctorate in financial and retirement planning. The firm, based in metro Jacksonville, serves clients across the country, and is A+ rated by the Better Business Bureau. Jeff is personally “certified background checked” by the National Ethics Association. * (Barrons July 18 2016 p S2).

V.
Credentials

You want a real expert with documented credentials helping you plan your financial future and invest your assets in the securities markets.

Real experts have valid, documented credentials that include degrees, experience, and high quality certifications.

Paladin Quality Rating: Paladin is the only SEC registered firm that vets and rates the quality of financial advisors and firms. A 5 Star rating means the advisor or firm scored in the 90th percentile or higher when Paladin rated the quality of their credentials, ethics, business practices, and services.

Experience: Years of experience is the best way for advisors to become real financial experts.

Education: Degrees should be from accredited institutions. Use the Internet to research schools you may not have heard of. Some advisors buy degrees to appear more knowledgeable than they really are.

Certifications: Also called designations, certifications are the best way for advisors to acquire specialized knowledge in shorter time periods. Some certifications are extremely valuable (CFA, CFP, CIMA, CPA). 35% of certifications are fake (Source: Paladin Research).

Associations: Membership in quality associations can also be a source of specialized knowledge if the organizations have continuing education requirements.

Firm Credentials: Some advisors represent firms that employ or license multiple professionals. Some of these professionals may impact your financial results.

Tip: Real experts have good educations, years of experience, and high quality certifications and designations.

A. Years of Financial Experience
  • 32 Years
B. College, Degrees, Years
  • SUNY/BA - Bachelor of Science
  • The American College - Masters Science, Financial Services
  • The American College - PhD Financial and Retirement Planning
D. Financial Industry Associations (Active Memberships)
  • Academy of Financial Services
  • Better Business Bureau

VI.
Registration, Licensing,
Compliance

You want a real financial expert. You also want an expert you can trust.

Registration: Only Registered Investment Advisors (firms) and Investment Advisor Representatives (professionals) can provide financial advice and ongoing services for fees.

Type of Registration: RIAs with less than $100 million of assets register with your state’s Securities Commissioner. RIAs with more than $100 million of assets register with the Securities and Exchange Commission.

Industry Licenses: These licenses permit advisors to sell investment and insurance products for commissions.

Registration & License Numbers: Use the advisor and firm’s registration and license numbers to check compliance records at: FINRA.org, SEC.gov, your State’s Securities Commissioner, and your State’s Insurance Commissioner.

State Licensing: Make sure the advisor is licensed to sell investment and insurance products in your state. Make sure the advisor is properly licensed before you buy.

Financial Fiduciary: RIAs and IARs are fiduciaries who are held to the highest ethical standards in the financial service industry. Salesmen are held to lower ethical standards that do not require them to put your financial interests first.

Compliance Record (Investment): Does an advisor or firm have disclosures on compliance records that are maintained by FINRA.org, SEC.gov, or your state’s Securities Commissioner?

Compliance Record (Insurance): Does an advisor or firm have disclosures on compliance records that are maintained by your state’s Insurance Commissioner?

Criminal Disclosures: It may be hard to believe, but convicted felons can obtain securities licenses if their crimes were not securities related.

Additional Disclosures: Advisors and firms have the option of providing additional disclosures that are published on their Paladin Research Reports.

ADVs: RIAs file ADVs with the Securities and Exchange Commission. These documents provide valuable information about advisory firms.

Links: Click on these links to view additional information about advisors and firms on third party websites.

A. RIA/IAR Registration
  • RIA and IAR
B. Type of RIA Registration
  • SEC
C. Industry Licenses
  • Securities License(s)
  • Insurance License(s)
  • Other
D. Registration & License Numbers
  • CRD: 1321857
  • IARD: None
  • Insurance: None
E. State Licences
  • Financial Advice, Services for Fees: All 50 States
  • Investment Products for Commission: Not Applicable
  • Insurance Products for Commission: Florida
F. Compliance Record (Investment)
  • No Disclosures
G. Compliance Record (Insurance)
  • No Disclosures
H. Criminal Disclosure(s)
  • None
I. Additional Disclosure(s)
  • I practice full disclosure for credentials, ethics, business practices, compensation, potential conflicts of interests and financial services.
J. View our ADV(s)
  • Available Upon Request
K. Links
L. Comments
  • We are fiduciaries committed to putting our clients' interests first. Not only does this require that our compensation considerations be secondary to our duty to clients, but it also mandates we have the education, training, and experience to do this properly. We feel this combination - being clients-first fiduciaries and having extraordinary levels of financial education in an industry that essentially requires none - puts us head and shoulders above most other financial advisers in the country.

VII.
Business Data & Practices

Part VII describes the advisor’s business and practices. How does the advisor’s business practices compare to other professionals you are considering?

Business Philosophy: Every advisor has a business philosophy. This makes philosophy a differentiating characteristic. Compare philosophies and select the one that has the highest probability of helping you achieve your financial goals.

Minimum Asset Requirement: A high percentage of financial advisors have minimum asset requirements for new clients. Advisors with bigger practices tend to have higher minimums. Advisors with smaller practices tend to have lower minimums. Some advisors will work with anyone who would benefit from their services.

Number of Current Clients: An indicator for the scope of an advisor or firm’s current business.

Assets Under Management or Advisement: An indicator for the scope of an advisor or firm’s current business.

Method(s) of Compensation: A critical variable when you select a financial advisor. Real advisors are compensated with fees. Salesmen are compensated with commissions. Some professionals receive both types of compensation.

Methods of Communication: Traditional advisors will meet face-to-face in your location or their offices. Virtual advisors communicate via email, telephone, or Skype. All Robo advisor communications are online.

Types of Reports: Performance reports are the most important type of documentation. You may also want brokerage statements, market environment reports, and newsletters.

Second Language: It may be important to you that your advisor speaks a second language.

Value Statement: This statement may describe how this advisor or firm produces value that offsets expenses that are deducted from your accounts. The statement may also describe differentiating characteristics.

Tip: Select an advisor or firm that has an investor-friendly business model and practices.

A. Business Philosophy
  • Read Business Philosophy

    The Constitution of Camarda Wealth Advisory This Camarda Wealth Constitution is a long-term, guiding document intended to express the highest, most enduring values that Camarda and its people represent. It reflects our reason for being, not only for now, but also for the generations to come. Our reason for being, quite simply, is to be the best at delivering objective, professional/academic-grade, risk-controlled investment advice & integrated wealth management advice specifically and exclusively designed to serve the needs, goals and financial security of our clients. We exist, in a nutshell, to help make the dreams of our clients and their families come true. In this, our clients and their interests come indisputably first. We exist solely to serve them in an expert, conscientious, unfailingly ethical manner, which targets the results they want and need. It is not enough to do what is expected or required; we are called to do what is right, and what needs to be done.

B. Minimum Asset Requirement
  • $250,000
C. Number of Current Clients
  • 415
D. Assets (Management, Advisement)
  • $239,000,000
E. Methods of Compensation
  • Hourly Fee
  • Fixed Fee
  • Asset-Based Fee
F. Methods of Communication
  • Face-to-Face Meetings
  • Telephone
  • Email
  • Skype/Voice
  • Skype/Video-Voice
G. Types of Reports (Frequency)
  • Performance (qa)
  • Brokerage Statement (mo)
  • Market Environment (mo)
  • Newsletters (mo)
H. Second Language(s)
  • None
I. Value Statement
  • View Value Statement
    There are many wealth managers, but only one Camarda. Aside from the tenets of our Constitution, we believe we’re quite rare in our ongoing quest for advanced financial knowledge, and a culture that nurtures continuing advanced education. In an industry where most operators have spent only the minimum study required for regulatory licensing, we embrace and encourage our advisory staff to make the pursuit of continuing advanced financial credentials an integral component of their professional lives. This concentration of knowledge benefits clients by giving us a sophisticated, global perspective, help us offer advice that integrates investments, tax control, asset protection, advanced estate planning, insurance/risk control, and other aspects, that can deliver results that are more efficient and powerful in attaining client goals, especially in completed fact patterns for business owners and those with larger and more complicated asset structures.

VIII.
Clients & Services

Part VIII provides information about this advisor or firm’s clientele and services.

Types of Clients: Describes the types of clients this advisor or firm works with. You should ask for a breakdown of clients to make sure the advisor works with a lot of clients like you.

Types of Services: Describes the types of services that are provided by this advisor or firm. Make sure the advisor provides the services that you are seeking.

Discretionary Asset Management: Some advisors and firms make investment decisions for clients without the clients’ approval in advance.

Limited Engagement Services: Some advisors provide limited engagement services that do not require assets.

Custodian(s): Financial advisors are not allowed to come in contact with your assets. They use the services of third party or firm custodians to hold your assets for you. Make sure the advisor uses the services of a brand name custodian or a custodian with a long history of providing services to investors with billions of dollars of assets.

Tip: There are five types of financial advice and services: Planning, Investment, Insurance, Tax, and Legal (wills, trusts).

A. Types of Clients
  • Individuals & Couples (Working)
  • Individuals & Couples (Retired)
  • Business Pension Plans
  • Business (Taxable)
  • Endowments & Foundations
B. Types of Financial Services
  • Financial Planning
  • Investment Advice & Management
  • Insurance Products & Annuities
  • Tax Advice and Services
  • Other
C. Discretionary Asset Management
  • Yes
D. Limited Engagement Services
  • Financial Plan Reviews
  • Investment Portfolio Reviews
  • Planning Only
E. Comments
  • We receive no compensation or other consideration from custodians - our primary objective is finding the best, most cost-effective platform for our clients. All accounts are titled directly in clients' names, and client can view account balances independently 24/7.

IX.
Certification

Certification: Advisors certify the data in this research report are complete and accurate. Check Most Recent Update to determine the last time this advisor or firm updated this report.

Advisor Name
  • Dr. Jeff Camarda
Most Recent Update:
  • Mar 6, 2019

BASIC INFORMATION NEEDED FOR THE INQUIRY

Other

Estate planning, Asset Protection Planning, Retirement Income Planning