The Wealth Advantage Group, Inc.

The Wealth Advantage Group, Inc. is an Ohio corporation founded in 2002 by Ken A. Dodson, PFS, AIF. The firm specializes in fee-only financial planning and investment management services, with a focus on individualized financial planning based on client needs. The firm became a registered investment adviser with the U.S. Securities Exchange Commission in April 2024. The team at Wealth Advantage Group holds various professional designations and licenses, ensuring a high level of expertise in providing financial advice. For financial planning services, fees range from $180 to $250 per hour or $2,500 to $10,000 for fixed fee engagements. Investment management services are provided on a fee-only basis, with annual fees generally ranging from 0.35% to 1.00% of the client's portfolio value. The firm manages over $132 million in assets, with most assets under management on a discretionary basis. Clients have investment discretion, allowing Wealth Advantage Group to make decisions on securities purchases and sales based on agreed-upon strategies. The firm primarily invests in mutual funds and variable annuities, with a focus on diversification to reduce the risk of loss. Clients retain the responsibility for voting on proxies for their securities. The firm does not charge performance-based fees, ensuring alignment with clients' best interests. Wealth Advantage Group has no disciplinary events to report and does not accept custody of client securities. Clients receive regular account reviews and performance reports to stay informed about their investments. The firm's financial stability ensures the ability to meet fiduciary commitments to clients.