Young Wealth Management

Kevin M. Young Financial, Inc., operating as Young Wealth Management, is a fee-only financial planning firm established in 2007 by Kevin M. Young, MBA, EA, CFP®. The firm specializes in providing financial planning and investment advisory services to individuals, high net worth individuals, families, trusts, estates, and small businesses. Young Wealth Management distinguishes itself by serving as a trusted guide to clients in identifying financial objectives, simplifying cash flow planning, and providing advice on financial risk, asset allocation, retirement planning, education planning, insurance, and estate planning. The firm does not sell insurance or investment products and is compensated solely through advisory fees paid by clients. Clients have investment discretion, allowing Young Wealth Management to execute trades on their behalf under a limited power of attorney. The firm offers combined asset management and financial planning services with a minimum household portfolio size of $500,000, which may be waived based on individual circumstances. Additionally, limited scope financial consulting services are available for clients below the minimum asset requirement. Young Wealth Management primarily recommends no-load mutual funds, ETFs, individual stocks and bonds, and government securities. As of January 24, 2024, the firm managed approximately $116,599,737 of client assets on a discretionary basis. Clients receive annual account reviews and may terminate the engagement with a 30-day written notice. The firm does not engage in performance-based fees, and clients are responsible for voting their securities' proxies. Young Wealth Management does not hold client funds directly and recommends Charles Schwab & Co., Inc. as a custodian for client accounts. The firm participates in Schwab's institutional program, receiving benefits that may indirectly influence the recommendation of Schwab's services to clients. Young Wealth Management has no financial conditions impairing its ability to meet contractual obligations and does not require advance payment exceeding $1,200 per client.