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Paladin Registry Member

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

Advisors and firms must meet Paladin’s rigorous admittance requirements to qualify for membership in the Registry.

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:

James Elios

Elios Financial Group, Inc.

James Elios, a financial fiduciary, has been a Paladin Registry member since 2017. James is the owner of Elios Financial Group, Inc.. James holds the Chartered Financial Consultant , Chartered Life Underwriter , Master Business Administration certifications and has over 25 years of experience. James provides financial services to clients in the Westlake, Ohio 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 2017
B. Years of Experience
  • 25
C. College Degrees
  • Baldwin Wallace University - MBA
  • Bowling Green State University - BSBA Finance and Marketing
  • American College - Advanced Personal Finance
D. Certifications
  • ChFC®, CLU®, MBA
E. Financial Fiduciary
  • Yes
F. Business Philosophy
  • Read Business Philosophy

    Many of our clients have worked hard to build and secure their financial future and retirement through a life-long career in professions ranging from business, education, government or self-employment. Their focus is now on preserving their wealth and providing retirement income throughout their life and beyond. Our goal is to assist our clients in pursuing their financial needs by structuring customized portfolios to address their key objectives. Our objective is to clearly understand how individual clients view each of the variables below in order to develop a customized investment program.

G. Asset Requirement
  • $250,000

II.
Contact Information

Part II provides general contact information

A. Main Location
  • 30700 Center Ridge Road
    Westlake, Ohio, 44145
B. Telephone
  • 440-617-9100
C. Comments
  • ENVISION | ENLIGHTEN | ENRICH We build long-term relationships by helping our clients Envision their dreams, Enlighten them to make informed financial decisions through education and service which ultimately Enriches their lives.

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.

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
  • Elios Financial Group, Inc.
B. Relationship to Firm
  • Owner
C. Name of RIA
  • Elios Financial Group, Inc.
D. Name(s) of Custodian(s)
  • TD Ameritrade Institutional
  • Fidelity
E. Comments
  • We are a fiduciary. We provide ongoing planning, advice and professional investment management as part of an overall financial and retirement plan.

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
  • 25 Years
B. College, Degrees, Years
  • Baldwin Wallace University - MBA
  • Bowling Green State University - BSBA Finance and Marketing
  • American College - Advanced Personal Finance
D. Financial Industry Associations (Active Memberships)
  • FPA

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
B. Type of RIA Registration
  • SEC
C. Registration & License Numbers
  • CRD: 2681022
  • IARD: 119873
  • Insurance: None
D. State Licences
  • Financial Advice, Services for Fees: See List
    • Florida
    • Indiana
    • Michigan
    • New York
    • Ohio
    • Pennsylvania
  • Investment Products for Commission: All 50 States
  • Insurance Products for Commission: All 50 States
E. Compliance Record (Investment)
  • No Disclosures
F. Compliance Record (Insurance)
  • No Disclosures
G. View our ADV(s)
H. Links

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

    Many of our clients have worked hard to build and secure their financial future and retirement through a life-long career in professions ranging from business, education, government or self-employment. Their focus is now on preserving their wealth and providing retirement income throughout their life and beyond. Our goal is to assist our clients in pursuing their financial needs by structuring customized portfolios to address their key objectives. Our objective is to clearly understand how individual clients view each of the variables below in order to develop a customized investment program.

B. Minimum Asset Requirement
  • $250,000
C. Number of Current Clients
  • Available Upon Request
D. Assets (Management, Advisement)
  • Available Upon Request
E. Second Language(s)
  • None
F. Value Statement
  • View Value Statement
    Elios Financial Group, founded in 2002, is a financial planning and investment management firm (wealth management) dedicated to serving the unique needs of pre-retirees and retirees in the evaluation, analysis and implementation of a well-conceived financial, retirement and investment plan. We use of the latest technology to create customized financial plans and investment portfolios to help clients achieve goals. We are unconstrained in independence and flexibility in offering financial advice and investment management services. We are passionate advocates of smart money management.© Mission: ENVISION | ENLIGHTEN | ENRICH We build long-term relationships by helping clients Envision their dreams, Enlighten them to make informed financial decisions through education, and provide service which ultimately Enriches their lives. We provide highly personal and customized service with the ability to analyze complex situations and offer sophisticated solutions and advice on an objective way.

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)
B. Types of Financial Services
  • Financial Planning
  • Investment Advice & Management
  • Insurance Products & Annuities
  • Investment Advice & Management
C. Discretionary Asset Management
  • Discretionary and Non-Discretionary
D. Limited Engagement Services
  • Planning Only
  • Financial Plan Reviews
  • Investment Portfolio Reviews
  • 401k Consulting

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
  • James Elios
Most Recent Update:
  • Jun 3, 2020

BASIC INFORMATION NEEDED FOR THE INQUIRY

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