Our Founder & CEO:
When Frederick Ravid was first invited into the investment industry on Wall Street, he marveled at the huge disconnect between the long-term priorities of society and the manipulative attitudes of investment firms. This led him through a long process of evaluating the culture of sales and advice as they have been perpetuated by banks, insurers, and brokerages.
He found that financial advisors and insurance agents are essentially actors who repeat carefully crafted scripts, designed to “gather assets.” It troubled him that financial planning is almost always used to manipulate people towards buying something that pays a commission. Even today, marketing gurus within the industry describe clients as an asset to be “acquired” to raise “assets under management” (AUM) rather than people to be “served.”
These factors led Frederick to create a new kind of investor relationship for clients, focused on relationships rather than revenue. When people ask “what is your minimum?” expecting to hear a dollar amount, he often says, “both of us should be smiling as this relationship develops over time.” Clients have demonstrated a strong loyalty to this approach and appreciate that he invests his own money the same way he recommends to clients. Frederick believes clients should be “known by the companies they keep.” Thus, his investment strategy seeks to avoid exposure to companies engaged in weapons, addiction, and pollution.
Our Guiding Principles:
Moneygrow.com® is the Registered Trademark of Chartered Financial Services, Inc.™ The guiding principles of MONEYGROW® include:
- We pledge to offer a higher standard of service to clients. We remain neutral, provide insight, with honesty, transparency, and accountability
- Our role is to lead our industry to higher standards, and to to help our clients “Leave the world a better place than we found it” through ever-wiser investment and client service practices.
- Your confidence as an investor and client should increase over time.
- We improve the Financial Advice experience through diligent communication, focused service, advanced technology, consistent and relevant reviews, and problem-solving.
- Our economically sensitive approach to money management can show greater sensitivity to changing trends compared to many investment institutions, giving clients important advantages.
- Our economic forecasting methodologies can offer greater clarity to our asset management choices or many market cycles.
- We conform to the Global Investment Performance Standard (GIPS) followed by major investment institutions.
- Our advanced client access technology allows us to provide clients clear information 24/7/365
- We track over 49,000 investments, identify trends, trade efficiently, monitor portfolios closely and pursue a “safety net” approach to minimize potential for client losses.
We Serve As Fiduciaries:
- “Fiduciary” means our FIRST and LEGAL obligation is to do what’s right for our clients.
- Banks, Retail/Discount Brokerages & Insurance Companies with Financial Advisors, CFP® Financial Planners, and various types of sales Agents are NOT LEGALLY REQUIRED to do with is right for you. We ARE.
- We avoid many types of unmitigated conflicts of interest that have long plagued the investing public. You deserve a fair shake a far more neutral and honest approach.
- We are deliberately more agile and creative. We never treat you as a number. Our advanced client portal reveals everything you need to know about your investments including returns and tax factors on a daily basis.
- We are deliberately more agile and creative, and never treat you as a number.
- Chartered Financial Services, Inc.™ has been a Registered Investment Advisor since 1994.