Bedel Financial Consulting, Inc. (“Adviser”) originated in 1989 and was incorporated in
1993. The Adviser’s majority owner, Elaine Kops-Bedel has been active in the industry since
1979 and the minority owner, Evan Bedel, has been active in the industry since 2008. The
Adviser is an independent, fee-only registered investment advisory firm providing
customized portfolio management to private individuals, families, trusts, estates, charitable
organizations, institutions and retirement plans. The Adviser also provides financial
planning services to its clients. The Adviser is a fiduciary and is required to act in a client’s best
interest at all times.
Managing Investment Advisory Accounts
This service includes recommendations for the purchase of securities for an investment
account.
Financial Planning
This service provides the client with income tax planning, estate planning, retirement
planning, insurance needs analysis, education funding and any other finance related areas of
concern to the client, i.e. family business planning or charitable planning.
Types of Investments
Adviser typically provides investment advice on exchange listed securities, securities traded
over-the-counter, foreign issuers, warrants, corporate debt securities, commercial paper,
certificates of deposit, municipal securities, mutual fund shares, insurance products
(including variable annuities and life insurance), ETFs (exchange-traded funds), United
States government securities, securities option contracts, structured notes, and oil and gas
interests. Adviser can also provide investment advice on tax credit partnerships (including
low income housing and/or oil and gas), REITs (real estate investment trusts), CMOs
(collateralized mortgage obligations),
venture capital holdings, and hedge funds. This
might not be an all- inclusive list.
Retirement Accounts
When we provide investment advice to you regarding your retirement plan account or
individual retirement account, we are fiduciaries within the meaning of Title I of the
Employee Retirement Income Security Act and/or the Internal Revenue Code, as
applicable, which are laws governing retirement accounts. The way we make money
creates some conflicts with your interests, so we operate under a fiduciary standard that
requires us to act in your best interest and not put our interests ahead of yours.
As a Fiduciary, we must:
• Meet a professional standard of care when making investment
recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations
(give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in
your best interest
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest
A recommendation to roll over your assets from a retirement account to an account to be
managed by the Adviser creates a conflict of interest, as we will earn additional advisory
fees as a result of the roll over. There is no obligation for you to roll over your retirement
account to an account managed by the Adviser.
General Information
For all services offered by Adviser, the same or different services could be offered by other
firms at the same, higher, or lower fees.
In addition, Adviser can recommend Separately Managed Accounts or 529 accounts (See