Financial Abundance, Inc.

Financial Abundance, Inc. is a Registered Investment Advisory firm specializing in financial planning and investment services for individuals and families. Established in 2007 by Paul Nichols, the firm offers a holistic approach to financial planning, including income planning, tax planning, estate planning, risk management, retirement planning, and business development. Financial Abundance manages advisory accounts on a discretionary basis, making changes to portfolios based on client profiles and investment plans. The firm may utilize Sub-Advisors for certain clients, monitoring their performance and adherence to investment goals. Clients must maintain a minimum asset level of $100,000, subject to modification at the firm's discretion. Investment advice typically includes cash, ETFs, mutual funds, and US government securities. The firm's investment strategy is influenced by Modern Portfolio Theory, focusing on asset allocation and diversification to minimize portfolio volatility. Financial Abundance charges a tiered advisory fee based on assets under management, ranging from 0.70% to 1.25%. The firm acts as a fiduciary, putting clients' interests first, and does not accept performance-based fees. Clients are responsible for voting proxies and reviewing custodial statements. Financial Abundance does not have physical custody of client assets. The firm's advisors have no disciplinary history and hold relevant professional designations. They also engage in insurance-related activities, devoting approximately 10% of their time to these endeavors. Clients receive educational workshops and annual reviews to ensure their financial needs are met effectively.