Black Oak Wealth Management, Inc. Full Disclosures
Unless otherwise specified, all return figures shown on this site are for illustrative purposes only, and are not actual customer or model returns. Actual returns will vary greatly and depend on personal and market circumstances.
This website ("Site") is operated and maintained by Black Oak Wealth Management, Inc. Corporation ("Black Oak Wealth Management, Inc."). Black Oak Wealth Management, Inc. is registered with FINRA in the state of North Carolina. Registration does not imply a certain level of skill or training nor does it imply endorsement by FINRA or the SEC. Nothing on this Site should be construed as a solicitation or offer, or recommendation, to buy or sell any security. Financial advisory services are only provided to investors who become Black Oak Wealth Management, Inc. Clients ("Clients") pursuant to a written Client Account Agreement, which investors are urged to read and carefully consider in determining whether such agreement is suitable for their individual facts and circumstances. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS, FURTHERMORE, ALL INVESTMENTS INVOLVE RISK AND MAY LOSE MONEY. There can be no assurance that a hypothetical, or actual performance shown on the Site will lead to the expected results shown or perform in any predictable manner.
Each comparative benchmark is a mix of total return for a portfolio of exchange traded funds intended to represent a blend of five major asset classes: US Equities, International Equities, US Bonds, International Bonds and Alternatives. Asset allocations of the comparative benchmarks are similar to respective Personal Strategies and serve as a reasonable benchmark for a basic long-term diversified approach with a similar risk level. All Personal Strategy returns are net of fees. The comparative benchmarks were amended in January 2015 to better represent the allocation of the asset classes in our composite personal strategies.
Some of the Exchange Traded Funds we use, have used, or may use, include but are not limited to the following:
VTI - Vanguard Total Stock Market ETF - The investment seeks to track the performance of a benchmark index that measures the capitalization weighted investment return of the overall US stock market.
VEU - Vanguard FTSE All-World ex-US ETF - The investment seeks to track the performance of the FTSE All-World ex US Index, which measures the investment return of stocks of companies located in developed and emerging markets outside of the United States.
AGG - iShares Core Total US Bond Market ETF - The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Aggregate Bond Index (the underlying index).
IGOV - iShares S&P/Citigroup Intl Trsry Bond - The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index).
VNQ – Vanguard REIT - The fund employs an indexing investment approach designed to track the performance of the MSCI U.S. REIT Index.
IAU – iShares Gold Trust – The trust seeks to reflect generally the performance of the price of gold.
DBC – Powershares DB Commodity Index Tracking Fund - The Fund is based on the DBIQ Optimum Yield Diversified Commodity Index Excess Return Index. The Fund invests in sectors, such as light sweet crude oil (WTI), heating oil, natural gas, Brent crude, gold, silver, aluminum, zinc, copper grade A, corn, wheat, soybeans and sugar.
SPY – SPDR S&P 500 ETF Trust - The investment seeks to track the price and yield performance of the S&P 500 Index. The S&P 500 is composed of 500 selected stocks and captures roughly 80% of available U.S. market capitalization.
Blog & Third Party Disclosures
Black Oak Wealth Management, Inc.’s blog is for informational purposes only and does not constitute a recommendation to buy or sell securities. You should not rely on this information as the primary basis of your investment, financial, or tax planning decisions. You should consult your legal or tax professional regarding your specific situation. Certain sections of this commentary may contain forward-looking statements that are based on our reasonable expectations, estimate, projections and assumptions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.
This Site may contain links to other websites, including links to the websites of companies that provide related information, products and services. Such external Internet addresses contain information created, published, maintained, or otherwise posted by institutions or organizations independent of Black Oak Wealth Management, Inc.. These links are solely for the convenience of visitors to this Site, and the inclusion of such links does not necessarily imply an affiliation, sponsorship or endorsement. Black Oak Wealth Management, Inc. does not endorse, approve, certify, or control these external Internet addresses and cannot guarantee or assume responsibility for the accuracy, completeness, efficacy, timeliness, or correct sequencing of information located at such addresses. The performance and composite information shown on this Site uses or includes information obtained from third party sources. Third party data is obtained from sources believed to be reliable but Black Oak Wealth Management, Inc. cannot guarantee currency, accuracy, timeliness, completeness or fitness for any particular purpose.
Planning Software Disclosures
The financial software we use is intended to provide insight based on the accounts you have aggregated on the Black Oak Wealth Management, Inc. wealth management system and other information you have provided. Because there is no way to know all information about your finances or your personal situation, comments or analysis may be incomplete or inaccurate. All insight provided represents a courtesy extended to you for educational purpose and you should not rely on this information as the primary basis of your investment, financial, or tax planning decisions. You should consult your legal or tax professional regarding your specific situation.
Comparative analysis, including Monte Carlo analysis, is intended to illustrate hypothetical performance of various allocation strategies based on a long-term historical asset class performance and is not meant to imply actual performance or results.
Much of the analysis does not include taxes or fees, which can have a material impact. It is not possible to invest directly in an index without incurring expenses, which will lower the actual return.
This includes content supplied by companies that are not affiliated with Black Oak Wealth Management, Inc.
Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Retirement Calculations Disclosure
We use your current age and retirement account balances as a starting point for estimating the impact of fees on your retirement goals. We factor in the typical retirement age, expected future contributions, an estimate of inflation and return on investment based on historical trends, matching or supplemental contributions from your company and spouse, and lastly fund, administrative and advice fees, some of which are based on specific funds you currently own in your account(s). From this data we calculate your estimated total retirement contributions, earnings and the effect of fees on your total return over time and present this information graphically so you can easily see what you would have in retirement before and after fees. The information provided is for informational purposes only and is based on certain assumptions and historical data. Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. You may wish to seek the advice of a professional in planning your retirement.
Retirement Planning Disclosures
The calculations in Retirement Planning are based solely on information provided by the user, data based on the accounts that users have aggregated on the Black Oak Wealth Management, Inc. wealth management system, historical market returns and the assumptions shown or selected. Because there is no way to know all information about your finances or your personal situation, analysis may be incomplete or inaccurate. All insight provided represents a courtesy extended to you for illustrative purposes only and you should not rely on this information as the primary basis of your investment, financial, or tax planning decisions. No representations, warranties or guarantees are made as to the accuracy of any estimates or calculations. Black Oak Wealth Management, Inc. is not liable for any damages or costs of any type arising out of or in any way connected with your use of this calculator. The information provided does not serve, either directly or indirectly, as legal, financial or tax advice and you should always consult a qualified professional legal, financial and/or tax advisor for your specific situation. Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance and future returns may be less favorable or negative. Keep in mind investing involves risk.
Various financial tools are intended to provide a basic sense of how your portfolio may grow and support your stated spending goals. It also gives you an easy way to see how adjustments to the most important variables (saving rate, spending rate and retirement age) can impact you.
Returns do not account for fees or trading costs. It is not possible to invest directly in an index.
Fee and Account Disclosures
Recommendations and fees may vary for each Client. Advisory fees are calculated based upon the amount of assets being managed (as detailed further in Black Oak Wealth Management, Inc. Form ADV Part 2).
Black Oak Wealth Management, Inc. does not make any representations regarding the execution quality of orders placed with our brokerage partner. However, Black Oak Wealth Management, Inc. Advisors does monitor the execution quality of transactions to ensure that Clients receive the best overall trade execution pursuant to regulatory requirements.
Tax and Tax-loss Harvesting Disclosures
Black Oak Wealth Management, Inc. does not represent in any manner that the tax consequences described as part of its tax-loss harvesting activities will be achieved or that Black Oak Wealth Management, Inc. tax-loss harvesting activities will result in any particular tax consequence. The tax consequences of the tax-loss harvesting activities that Black Oak Wealth Management, Inc. may pursue are complex and uncertain and may be challenged by the IRS. The information with regard to this activity was not prepared to be used, and it cannot be used, by any Client to avoid penalties or interest.
Clients should confer with their personal tax advisors regarding the tax consequences of investing with Black Oak Wealth Management, Inc. Advisor and engaging in the tax-loss harvesting activity, based on their particular circumstances. Clients and their personal tax advisors are responsible for how the transactions conducted in an account are reported to the IRS or any other taxing authority on the Client’s personal tax returns. Black Oak Wealth Management, Inc. Advisor assumes no responsibility for the tax consequences to any Client of any transaction. We are not tax professionals. Clients should consult qualified legal or tax professional, such as a tax attorney or CPA regarding their specific situation.
Black Oak Wealth Management, Inc. and its logo are registered trademarks of Black Oak Wealth Management, Inc. The other third party marks displayed are trademarks or registered trademarks of such third parties, and the use of such trademarks herein does not imply an association with those third parties or an endorsement of any third party goods or services.