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Martin A. Smith, CRPC®, AIFA®

Together for Your Retirement™

Wealthcare Financial Group, Inc.

Bethesda

Maryland

Contact Me

Overview

Services

Advisor Services

  • Financial Planning
    • -Estate Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -College Planning
    • -Charitable Planning
  • Insurance
    • -Life Insurance
    • -Long-Term Care Insurance
    • -Annuities
  • Pension Consulting
    • -401k
    • -403b
    • -457
    • -Defined Benefit
    • -Other Pension Consulting
  • Portfolio Management
    • -Individuals and/or Small Businesses
    • -Businesses or Institutional Clients
    • -Other Portfolio Management
  • Other
    • -Selection of Other Advisors

Funds

Firm Client types

Qualifications

Experience

No timeline events available.
Employer Years Dates
Wealthcare Financial Group, Inc. 10 months, 3 weeks Oct 2016 - Present
Kovack Securities, Inc. 4 years, 9 months Jan 2012 - Oct 2016
Kovack Advisors 4 years, 9 months Jan 2012 - Oct 2016
Kingdomtrust Capital Management, Inc 2 years, 7 months Jun 2009 - Jan 2012
Axa Advisors, Llc/Linsco Private Ledger Corp. 1 year Jun 2008 - Jun 2009
Ameriprise Financial 6 months Dec 2007 - Jun 2008
LPL Financial LLC 1 year, 10 months Feb 2006 - Dec 2007

Designations & Memberships

  • Centre for Fiduciary Excellence
    Membership
    Centre for Fiduciary Excellence
    CEFEX is an independent global assessment and certification organization. It works closely with investment fiduciaries and industry experts to provide comprehensive assessment programs to improve risk management for institutional and retail investors. CEFEX certification helps determine the trustworthiness of investment fiduciaries.
  • Accredited Investment Fiduciary Analyst
    Designation
    Accredited Investment Fiduciary Analyst
    The AIFA designees hold the knowledge necessary to understand and implement a prudent process for Investment Stewards, Investment Advisors, and Investment Managers and can perform fiduciary assessments to verify or certify an entity's conformity to CEFEX's Global Fiduciary Standard of Excellence.
  • Chartered Retirement Planning Counselor
    Designation
    Chartered Retirement Planning Counselor
    The CRPC Program focuses on the pre- and post-retirement needs of individuals, allowing you to transform the retirement planning process into a positive experience.

Articles and Answers

Insights by Martin Smith

High Return Investment Risk
Published 2016-12-24 10:50:22
Major Retirement Planning Mistakes
Published 2015-03-06 13:04:40
e.g. Guide to Financial Planning
Published 2015-03-06 12:55:42
Estimating Your Retirement Income Needs
Published 2014-12-31 11:40:46
A Cluttered Life Can Cost You in the Long Run
Published 2013-08-26 12:42:41
College Loan: A Dilemma for African Americans
Published 2013-08-26 15:31:08
Financial Stewardship for Pastors
Published 2015-03-06 12:55:40
The Importance of Asset Class Diversification
Published 2014-12-31 11:37:07
How to Avoid Financial Fraudsters
Published 2015-03-06 13:21:31
Creating a Secure Retirement
Published 2015-03-06 13:33:43
    *Articles are published by advisors without compensation.

    Answers

    Ask a financial questionAsk a question
    Who prepares form 5500 and when must it be completed? Brightscope needs more info. to compare to others.
    Tom, usually the HR Director, CFO or Comptroller can/will file the Form 5500. If your plan is a calendar/year-end plan, the 5500 has to be filed by July 31st. Otherwise, you would go out 7 full months after your company's calendar year-end. If needed, you could get a 2 1/2 month extension to file....  (more)
    Answered Aug 2013
    I'm 58 yrs old, currently with JNJ. I do have a pretty good 401 k plan. Can you recomm a financial plan.in my area.
    Greg, I hope my reply to your inquiry finds you doing well. A former colleague named Larry Richardson from A.G. Edwards (currently known as "Wells Fargo Advisors") works for "Benjamin F. Edwards & Co." ("Edwards"). Edwards was founded by the former Vice Chairman and 5th Generation Grandson of th...  (more)
    Answered Aug 2013
    My insurance agent says their are no fees for the investment products he wants to sell me.  How can he make a living if the products he sells don't have fees?
    Hi Toni,Perhaps your insurance agent is confused about "fees" vs. "commissions". If the product that he is recommending offers investments such as mutual funds, then he have to provide you with a prospectus, which will outline all of the fees and expenses within the product. An insurance product th...  (more)
    Answered Aug 2013
    Where can I find a detailed articulation of your method for evaluating retirement plans?
    Hi Mike,I'm not sure about the specific method employed by BrightScope for evaluating a retirement plans. Our firm use a few proprietary tools that allows us to evaluate a comprehensive retirement plan review from a fiduciary compliance perspective.For example, other than reviewing the Investment ...  (more)
    Answered Oct 2013
    How can I buy stocks?
    Hi Anthony,There are a number of ways to purchase individual stocks. You can establish a brokerage account online with any number of the brokerage firms, or hire an financial advisor who can guide you in this process. It's pretty simple to do. However, before you make a decision to invest in anythi...  (more)
    Answered Sep 2013
    How do I know if I need a financial advisor?
    Hi Alex,If you need someone to assist you with financial and retirement planning and feel that for whatever reason you are not inclined to do this for yourself, then you would be a good candidate for the assistance of a financial advisor.There are a number of questions that you may want to ask, ju...  (more)
    Answered Mar 2015
    I signed up for a one time lump sum retirement and wondered when will it be mailed and will it come registered mail?
    Hi Brian,When you request a lump sum payout, the investment custodian may send a check directly to you, or if you have a Rollover IRA and you have specified an account number, then they might send the funds to whichever investment firm you are using to manage your Rollover IRA. Your check will prob...  (more)
    Answered Dec 2014
    How do I find out if Exelon's 401(k) permits partial in service transfers?
    James, the fastest way would be to simply contact Exelon's Dir. of Human Resources and ask if your plan allows for "in service withdrawals/transfers." Otherwise, this information can be found in your Summary Plan Description....  (more)
    Answered Aug 2013
    How do I shutter my sold company 401K Plan?
    Hi Thomas,Thank you for posting your question. For the most part I believe you have received some very thoughtful and thorough answers to your question. I would like to provide you with an answer, but before I do I have a few questions that I hope you wouldn't mind answering:• Was the plan termina...  (more)
    Answered Aug 2013
    I own two rental houses. I was thinking about selling one.
    Hi George,Rental property can be somewhat tricky. For starters, have you checked comps for similar properties in the area? You may find that this site can provide you with more insight into homes in the neighborhood where your rental property is located: www.realtytrac.com.Martin...  (more)
    Answered Mar 2015
    Can I request a loan on my mid-atlantic regional council carpenters pension?
    Thanks for your question. Typically, pensions do not allow loans. However, if you have a 401(K) then you should either review your Summary Plan Description (SPD) or speak with your Human Resources Director, because some 401(K) plans do allow employee participants to borrow a limited amount from the ...  (more)
    Answered Oct 2014
    Hello, how can I search 401k plans in my area (Austin, Texas) that have Self-Directed Brokerage Account option?
    Hi Kenny,In the Summary Plan Description there may be a section entitled "Brokerage Window" or "Self Directed Option". However, in the Form 5500 that is filed by your plan administrator, there is a sectioned entitled "Benefits Provided Under this Section", where there will be a list of codes that c...  (more)
    Answered Sep 2013
    Does anyone know of a company that can invest my money in 100% of stock and 0% dividend i.e nothing to do with Interest?
    You might also want to consider a fund family such as "The Timothy Plan." Best wishes to you in the New Year!...  (more)
    Answered Dec 2014
    How and where should I rollover my 403K plan with VOYA (ex-ING)?
    Hi Tim,I hope my reply finds you doing well. I am not sure how much Vanguard will charge you to manage your rollover funds. Vanguard is known for being the "low cost provider" and from 20 years investing experience I can tell you that cost shouldn't be the primary reason who you should or should no...  (more)
    Answered Dec 2014
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      SEC
      U.S. Securities and Exchange Commission
      • license status
        Registered
      • disclosures
        3
      • as of date
        May 26, 2017
      FINRA
      FINRA
      • license status
        Not registered
      • disclosures
        3
      • as of date
        May 26, 2017
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

      Assets

      Advisor

      Last updated on May 27, 2017
        • $10.5M
          Total Assets Under Management
        • $0
          Total Assets Under Advisement
        • 30
          number of clients
        • $350.0K
          Estimated Average Account Balance Per Client

      Wealthcare Financial Group, Inc.

      Last updated on April 25, 2017
        • $12.6M
          Total Assets Under Management
        • N/A
          Total Assets Under Advisement
        • 57
          Accounts
        • $221.5K
          Estimated Average Account Balance

      Fees

      Types of Compensation Arrangements