Caleb Bagwell
Goal Driven Financial Planning to Build Purposeful Wealth
Professionals, in their prime earnings years, are constantly torn between building wealth and managing wealth.
You've created powerful income streams through your expertise and experience, but transforming that income into wealth is all about goal setting, planning, and execution. Our desire is to enrich your life and legacy by coming alongside your family during these foundational years to help define and execute the right plan for you.
Where do you turn for guidance during pivotal moments that could impact your financial future?
Many professionals and entrepreneurs face huge decisions that can impact the direction and alignment of their wealth. Typical wealth management firms are only concerned with how much money you have and how much they think you will have.
I think that’s a problem.
Take Control of Your Wealth at Pivotal Moments.
Clients often find us in the face of transition, such as signing their first professional contract, navigating their career trajectory toward partner, or in the build up phase of their new company. Having access to unbiased advice can be critical to making wise decisions that create a foundation to support your wealth.
Gain Clarity and Peace of Mind
Gain Traction toward your Goals
Have Confidence in your Direction
Have Access to Trusted Advice when you need it
And feel Alignment Between your Values and your Wealth
Money Means Something Different to Everyone
WE WORK WITH YOU IN 3 CORE WAYS
COACH
We help professionals during their earnings years to uncover the full potential for their wealth. Like the best coaches, we help you identify your wealth building strengths: Income, Opportunities, and Connections and then help you execute a plan to maximize each strength.
ADVISOR
Your definition of success with money is unique to you. We help each client define, articulate and plan for their own definition of success. Focusing on Core Values, Alignment, and Goals, we want you to feel peace about your wealth and its impact.
COUNSELOR
We want to fill a role as trusted advisor for all things money. “How do I invest, give, and spend money wisely?” are the questions we help answer. Our goal is to surround you with access to quality, unbiased information and a community of knowledge and experience that can guide you on your journey.
How the Process Works
1 | Discover
We get to know you well and what makes you tick. Clearly understanding your starting point helps us plan for each next step.
2 | Design
After collecting data and outlining your goals, we build a comprehensive, yet simple plan that details action steps for success. Our design goal is to build alignment between your wealth and your values.
3 | Deliver
It's time to Implement! Once we've worked through design, we begin execution: organizing the necessary parties and documents, evaluating investments and options, and systematically implementing your plan. The work done up front will provide peace of mind so you can focus on what you do best.
Pricing Model
We think that knowing how your advisor gets paid is important. We offer fee based financial planning and investment management. As fiduciaries, we act in the best interest of our clients.
Impact Planning
Foundations
$3,000 per year ($750/quarterly)
Growth
$5,000 per year ($1,250/quarterly)
Impact Investing
Up to $1mm - 1% annually | $1mm and up - 0.5% annually
(billed quarterly)
About Caleb Bagwell
As a wealth impact advisor for over 12 years, Caleb’s passion is to help his clients unlock the full potential of their wealth through financial planning, investment management, and philanthropic consulting. Connecting wealth and purpose creates impact, and this requires intentionality, understanding and execution. Caleb has had the privilege to serve over 3,000 families, helping them clearly articulate their goals and build plans for lasting impact. Now, with a more concentrated focus, Caleb's desire is to help those in the face of certain change to be able to navigate decision-making with certainty and clarity.
Fun Facts:
Family: "Married to Sarah and I have 3 kiddos"
Favorite Restaurant: " Oh!! El Bario Veggie Quesadilla all day long and I'm not even Vegetarian"
Church Home: "Christ Fellowship Church in Birmingham"
Favorite Hobby: "Too many, but probably hiking with my family"
Favorite Book: "Again too many, but Socrates in the City or Heaven by Randy Alcorn."
FAQ
Q. Who works with Caleb?
Answer: our typical clients are early to mid-career professionals going through transition. Medical Residents finishing their training and considering their first contract, Business Owners planning the next phase of growth for their company, and Sales Professionals wrestling between income and equity are just a few examples.
Q. Why do you focus on early to mid career?
Answer: There are 2 parts to this answer
1) That’s who my wife and I are. I'm 12 years into my career and have loved every moment. It hasn’t always been easy as I’ve had to navigate 2 geographic moves and 4 contract negotiations to get my business to where I felt I could serve my clients best. My wife Sarah is a Med/Peds Physician. Watching her and some of our dear friends go through the rigors of training, only to be followed by a job search that required an attorney and spiritual counselor, has given me unique insight into how lonely and difficult it can be make major decisions.
2) This is the spot that I believe Wealth Management is missing. Too often, wealth management firms want you to come back once you’ve accumulated substantial assets. However, as an early to mid-career high income earner, you have to make many important decisions before you can get to that point. It is in this phase of life where I believe I can add the most value to my clients.
Q. Why do you charge 2 fees?
Answer: That is a great question and it was a long journey to come to that arrangement. Traditional wealth management firms generally have only one fee that is based on Assets Under Management (or AUM, for short) and the fee is all inclusive and covers your financial planning and investments management.
By having a flat fee for financial planning, we are clearly identifying what it costs to run the business of giving solid financial advice, and by charging a reduced fee on the assets we manage we can be compensated for the work we do, while staying unbiased when comes to outside investment opportunities. I believe this is a win-win arrangement for everyone.
Q. What’s included in the Impact Planning Fee?
Answer: I believe that comprehensive financial planning is vital to a successful wealth journey. Foundations are the initial steps everyone needs to take to begin their journey and set the stage for the future. The additional services offered in our Growth platform specifically focus on clients with unique estate planning needs, partnership tract opportunities, as well as small business owners who commonly have questions about their business and its long term plan. Below is a full view of the many tasks we preform throughout the year for our clients.
| Implact Planning | ||
|---|---|---|
| Foundations $3,000 per year |
Growth $5,000 per year |
|
| Annual Financial Planning Checklist |  |
|
| CPA, Attorney & Key Advisor Collaboration | |
|
| Build & Analyze Personal Financial Statements | |
|
| Build & Analyze Personal Cash Flow Statements | |
|
| Debt Payoff Strategy | |
|
| Charitable Giving Strategy | |
|
| Annual Cash Flow Planning | |
|
| Long Term Cash Flow Projections | |
|
| Education Planning | |
|
| Retirement Transition Planning | |
|
| Personal Tax Planning Strategy | |
|
| Risk Analysis & Mitigation Recommendations | |
|
| Insurance Analysis | |
|
| Estate Planning | |
|
| Life Impact SM Stewardship Journey | |
|
| Business Cash Flow Strategy | |
|
| Wealth Creation Strategy | |
|
| Business & Family Dynamics | |
|
| Business Continuity Planning | |
|
| Partnership Track Review | |
|
| Business Equity Analysis | |
|
| Business Employee Benefits Review | |
|
| Real Estate Analysis | |
|
Q. What’s included in the Impact Investing fee?
Answer: Stewarding assets through investments appropriate to your liquidity needs, timeframe and risk tolerance is extremely important. Using investments that align with your core values and objectives is part of that equation. Through our investment platform we provide construction, oversight, and maintenance of investment strategies to help you reach your goals. Below is an overview of what our team does to make sure your assets are working hard for you.
Chartered Financial Analyst (CFA) Oversight
Vanguard INDEX Portfolios
Stakeholder Impact INDEX Portfolios
Stakeholder Impact ACTIVE Portfolios
Risk Profiling
Investment Policy Statement
Black Diamond Wealth Portal
Quarterly Performance Report
Zoom calls & email support
Annuity Analysis & 1035 Exchanges
Sustainable Withdrawal Rate Analysis
Appreciated Asset Charitable Gifting Strategy
Required Minimum Distributions Strategy (IRAs)
Qualified Charitable Distributions Strategy (IRAs)
Annual Portfolio Manager Meeting
Access to Private Real Estate Funds*
Access to Private Equity Funds*
Access to Private Debt Funds*
eMoney FP Portal
*Note that some offerings are subject to net worth and income requirements. Accredited investor and/or qualified purchaser status may be required.
Q, I'm closer to retirement can I still work with you?
Answer: Absolutely, but let’s make sure it’s the right fit for you. I have clients that are close to retirement as well as those who are retired, but our service calendar is highly focused on those still accumulating assets. I have trusted colleagues that I can refer you to if you want someone that focuses on your specific needs.
For those who want to read a little more
You're focused on growing your career and earning money, but what to do with it isn't your area of expertise. You shouldn't have to worry about managing, protecting and investing it.
OLD WAY
Historically, quality wealth management has been reserved for those who are already considered wealthy, having more than a million investable dollars. But what about those in the wealth building phase? High earners that are working hard to generate income, build wealth, and navigate opportunities need access to the same tools and advice as those slightly farther ahead.
Yet the industry has generally left them with 2 options: 1) come back later or 2) buy a commissioned product so the advisor gets paid up front. Neither has your best interest at heart, likely leaving you feeling rejected or, at best, settling for sub-par advice and planning.
OUR WAY
Our solution is simple: Focus on early to mid-career professionals and entrepreneurs who need access to guidance and advice that matters most, and deliver a Wealth Management practice that is tailored to their needs. Together, we’re building a new box that will change over time. Always do what’s right, never engage in business that isn't win-win, and focus on impact, not profit. These are the core values that drive how we serve our clients.
How do we do it? We get to know you really well. We focus on the quality of our relationships, not the quantity of them. We constantly hone our skills and work to increase the access our clients have to the instruments and information they need. And lastly, we build communities that are all traveling through similar life and career phases. We want you to get good advice that is specific to you, but we also want you to meet people that are also going through what you are going through. Whether you’re a doctor finishing residency or business owner feeling growing pains we want to surround you with similar people with similar values.