Nick Naseman, RICP®Let me introduce myself. My name is Nick Naseman and I am the Founder and President of Iron Mountain Financial. I started in the financial advisory business during one of the worst times to be a financial advisor, in the spring of 2008. I started out working for a large, national firm, but quickly realized the position was focused too much on sales for me. I wanted to spend time helping people without worrying about always making a sale.
After leaving the national level firm for a local investment firm, I continued to research and learn as much as possible about doing what’s best for my clients. I was always on the lookout for what would help clients attain that ever elusive peace of mind with their investments. After five years with the local firm, I decided to become my own boss and establish Iron Mountain Financial. I decided to center my business on harmonizing investors with their investment philosophy and providing low volatility strategies to meet long term investment objectives.
I am a Retirement Income Certified Professional®. I help people design and implement retirement income plans to make the most of their nest egg. My focus is on developing a sustainable income so investors can enjoy retirement without worrying about how to maintain their lifestyle. As part of my continuous learning, I realized investors also need to be continuously educated. I became a Division Speaker for the Association of Financial Edcuators to help increase financial literacy among investors to help them make informed decision.
I am a member of the National Ethics Association and the National Federation of Independent Business. As the president of a Registered Investment Advisory firm, I have a fiduciary responsibility to always do what’s in my client’s best interest. And, as an independent advisor, I have the ability to offer only the solutions that will satisfy a client’s unique situation.
I and my wife, Angie, have lived in Colorado Springs since 2003. We have two children who have since started their own careers. In my spare time, I enjoy maintaining my physical fitness. I have also become somewhat of a “B” movie connoisseur, enjoying low budget films with poor acting and ridiculous plot lines.
As an investor, I believe you have certain rights and responsibilities. A successful investing experience is based on a partnership between the financial professional and the investor. When you invest, you have the right to:
As an investor, you have certain responsibilities to ensure you receive the best advice possible. These include:
What does it mean to be a fiduciary? A typical definition of fiduciary is the legal obligation of one party to act in the best interest of another. This includes acting in good faith, with great loyalty and honesty, and without personal bias.
A simple way to determine of your advisor is a fiduciary is to simply ask. If he answers that he is, ask him to put it in writing, with his signature, stating that he will always act in your, the client’s, best interest. Some advisors are dual-hatted, meaning they can act in a fiduciary role sometimes, yet at other times act as a salesman. The problem is that it's not always clear which role they are assuming when they make recommendations.
Being a true fiduciary means ALWAYS acting in your client’s best interest. It means identifying potential conflicts of interest and ensuring the potential client understands the potential conflicts before making a decision.
I take my fiduciary obligation very seriously and am willing to put that obligation in writing. I have simple guidelines when making recommendations to my clients: Would I do this if I were in a similar situation or would I make this recommendation to my mother?
An independent, fiduciary, professional financial firm focusing on designing and implementing retirement income plans for retirees and pre-retirees.
Independent: To be able to offer the best solutions available and not be limited to a single company’s products.
Fiduciary: To always put the client’s interest ahead of mine and to be recognized as accepting that legal and ethical responsibility.
Professional Financial Firm: Focused on solving problems, not making a sale. Taking into account not only investments, but also insurance needs. Referring to trusted tax and estate planning strategic partners when needed to design a comprehensive plan.
Focusing on designing and implementing: Emphasizing research-backed approaches, developing tax efficient withdrawal strategies to help retirees make the most of their accumulated assets.
For retirees and pre-retirees: The main reason people invest is for retirement. Developing a plan early in the working years will increase the chances of success when investors shift from accumulation to withdrawing income. Pre-retirees normally include those within five years of retirement. However, in this case, it can mean anyone during their working years. It's never too early to plan for a great retirement!
Disclosure: Iron Mountain Financial is a registered investment adviser licensed in the state of Colorado to offer investment and insurance advice. Full disclosure.
I am a retired Air Force Officer, having served throughout the world, including a tour in Iraq. During my career in the Air Force, I served as a criminal investigator and a counterintelligence officer. Both of these fields taught me to dig deeper to find facts and that hidden issues are often covered by superficial symptoms. This mindset allows me to reveal the underlying causes of investor discomfort and address the real concerns of my financial clients.