Overview: Review & Ranking of Financial Advisors
Dodds Wealth Management Group was recently ranked by AdvisoryHQ News as a top-rated financial advisor in Colorado.
In the sections below, we provide a detailed overview, including the key factors that enabled this firm to be ranked as one of the top financial advisory firms in Colorado four years in a row.
Financial advisors and wealth management firms on our top rated lists are selected after they have successfully passed AdvisoryHQ’s ground-breaking “Top-Down Advisor Selection Methodology.”
This methodology is based on a wide range of filters, including fiduciary duty, independence, transparency, level of customized service, history of innovation, fee structure, quality of services provided, team excellence, and wealth of experience.
About AdvisoryHQ News
AdvisoryHQ News is a fast-growing global online news media that provides extensive research, reviews, and rankings of firms and products.
Searching for top-rated firms, services, and products can be a daunting undertaking for a consumer, especially if that consumer is unfamiliar with the landscape. AdvisoryHQ is committed to simplifying the research that consumers conduct before choosing a top provider, firm, service, or product.
Our review and ranking articles are always 100% independently researched and written. Firms do not pay for their ranking. In fact, most firms do not even realize that they are being reviewed by AdvisoryHQ until after our reviews have been completed and published to the public.
Dodds Wealth Management Group | Company Overview
Client assets are not directly held or accessed by the firm—LPL Financial provides custodial services for those assets, providing additional financial peace of mind for their clients.
With the recent growth in financial assets under management by founder Andrew Dodds, the firm now ranks in the top 1 percent of all advisors affiliated with LPL Financial.
The firm is a boutique-style wealth advisory firm in Colorado that offers large-scale types of services with a personal, small-scale feel.
By maintaining a high staff-to-client ratio, Dodds Wealth Management Group is able to promise—and deliver—higher levels of personalized service to its clients.
Dodds Wealth Management Group strongly believes in “the art of wealth management” based on its custom approach to providing exceptional service to a select few. Their client base is predominantly made up of high net-worth individuals and families, and those who seek an impeccable level of service.
With over two decades of valuable service, Dodds Wealth Management Group continues to successfully rely upon a team-based approach, operating from two convenient locations: Englewood and Colorado Springs, Colorado.
Image Source: Dodds Wealth Management Group
About the Founder, Andrew Dodds
As a Certified Financial Planner, founder Andrew Dodds brings a wide range of experience in the wealth management industry.
Along with the CFP® designation, Andrew also has a degree in economics from Stanford, and has been a Colorado-based private wealth manager since 1991.
Uniquely, Andrew also holds a strong passion for art, with his personal watercolors featured as the background throughout the Dodds Wealth Management Group website and in the office.
Andrew’s background in art has formed a creative, holistic approach to financial planning, as “[he] believes that every piece of art is unique and original – just like his members’ goals and dreams.”
Andrew has been recognized numerous times for his dedication, expertise, and accomplishments in the financial planning industry, including these most recent accolades:
- Attended Barron’s Regional Summit in 2017
- Named as one of the Top 400 Financial Advisors by Financial Times for 2015-2017
- Attended LPL Financial’s Summit 2016 conference
- Recognized as a Top Financial Advisor by LPL Financial in 2016
Additionally, Andrew has been published in top-rated industry publications, including Financial Advisor and the Journal of Retirement Planning.
Dodds Wealth Management Group | Review & Selection Highlights
Below are key factors that enabled this advisor to rank as one of the best financial advisory and wealth management firms in Colorado.
A Caring, Team-Based Approach
Your financial advising team at Dodds Wealth is comprised of several individuals matched in skill and knowledge to your personal financial needs.
This team-centered approach allows for the combined experience and wisdom of a team to handle the complexities of each portfolio.
Along with a team-based approach, Dodds Wealth Management Group also puts a strong emphasis on personalized attention. In fact, this is one of the most significant components of the firm, setting them apart from other Colorado-based advisors.
Here’s how the firm describes their personalized approach:
You’re important to us – and it’ll show the moment you step into our office.
Our team knows each of our member’s names and can recognize their voices when they call. Our firm was built upon delivering comprehensive, quality advice with an emphasis on personal attention – and we intend to keep it that way.
Over the years, Dodds Wealth Management Group has earned consistent industry recognition for their dedication to providing superior wealth management services.
LPL Financial Rated
Dodds Wealth Management has been rated in the top 1% tier (out of over 14,000 advisors) by its affiliate, LPL Financial (the nation’s largest broker/dealer).
This recognition, and other awards, including AdvisoryHQ’s inclusion on its list of the best financial advisors in Colorado, exemplifies Dodds Wealth Management’s commitment to serving the best interest of the client.
The investment philosophy at Dodds Wealth Management is simple yet effective: it’s all about making smart global investments at reasonable valuations.
Approaching investments with a long-term horizon is a tactic that has helped their clients achieve success for nearly three decades, regardless of fluctuating market conditions.
This investment philosophy also includes putting the following investment values as top priorities:
- Focusing on profitable market areas
- Seeking consistent, dependable, and reliable businesses
- Partnering with businesses that provide dividends
- Favoring tax-friendly investments and low fees
- Using market imbalances and fluctuations to a portfolio’s advantage
Ultimately, their investment philosophy is all about keeping an open mind, listening to clients, and considering unique risk profiles to ensure that clients are receiving the best financial advice possible.
Wealth 360 Fast Plan
When reviewing financial related firms and products, we normally look for unique services or features like Dodds Wealth 360 Fast Plan based on the value that such unique capabilities provide to consumers that are seeking financial advice or wealth management.
What makes the 360 Fast Plan so unique? Rather than taking days or weeks to develop a financial plan, Dodds Wealth Management developed a ground breaking financial planning methodology to deliver expert financial plans.
In fact, it’s such a convenient process that Dodds Wealth Management Group claims that “in less than an hour we can provide you with more meaningful results than in 10 hours of traditional financial planning.”
This innovative, streamlined methodology provides the following:
- Provides clear, concise feedback
- Easy-to-understand, streamlined report
- Flexibility for future changes (like pay raises, inherited assets, stock options, etc.)
Ultimately, the 360 Fast Plan aims to be “a catalyst for action that can have a life-changing impact,” providing a convenient and thorough way for clients to begin managing their finances.
With a focus on driving results and maintaining client convenience, the Dodds Wealth 360 Fast Plan is a highly attractive and highly sought-after service.
This concisely calibrated tool offers speedy, easy-to-adjust projections, and customized feedback that empowers you to take control of your financial future.
Dodds Wealth Management has two strategic processes that we found to be rather impressive. One of these is the firm’s Wealth 360 Fast Plan, and the other is the firm’s Caribbean Strategy.
Managing your finances and planning for retirement can be a stressful process, but partnering with Dodds Wealth Management can go a long way in eliminating that stress.
The Caribbean Strategy focuses on creating expert financial strategies that provide retirees and pre-retirees with the same relaxed, worry-free mindset of being on vacation.
Using the Caribbean Strategy means strategically investing your portfolio to produce consistent dividend and interest payments to supplement your retirement income.
Ultimately, this unique investment strategy seeks to answer some of the biggest questions about retirement, including:
- How can I retire for 30 years or more and not run out of money?
- How do I invest for the long term, while accounting for inflation and future surprises?
- How much can I spend now and still be fiscally responsible?
Fee-Based or Commission-Based
Depending on personal preference, Dodds Wealth Management Group can either charge clients by fees or by commissions.
However, they do state that they prefer to work by fees, and recommend this approach to all their clients, saying:
With this arrangement, our fees come directly from you – and not from any outside third party. This can help to reduce or eliminate any potential conflict of interest.
Online Account Access
For many clients, the ability to access their financial accounts online is a weighted factor when searching for the best financial advisors.
Dodds Wealth Management Group can set up online access for their clients through their Member Center, making it easy and convenient for clients to stay up-to-date on their financial progress.
Account View provides a quick, basic overview of current account values, positions, past statements, and current statements.
E Money is a financial planning and account aggregation website that allows you to connect corporate 401k accounts, bank accounts, credit cards, mortgages, and more to provide a real-time picture of your total net worth.
Online accessibility is not only a great way to keep clients engaged, but it also promotes transparency within the client-advisor relationship.
Dodds Wealth Management Group Team Members
Dodds Wealth Management team members include:
- Andrew Dodds, CFP®—Founder and Wealth Advisor
- Michael Franklin—Financial Consultant
- Ryan Erickson, CFP®—Financial Consultant
- Deanna Meyer—Financial Consultant
- Brennan Pate—Financial Consultant
- John Dodds—Financial Consultant
- Cindy Malone—Administrative Assistant
- Lisa Elms—Administrative Assistant
Image Source: Dodds Wealth Management Group
Dodds Wealth Management Group Services
All services offered by Dodds Wealth Management Group are presented underneath the Dodds Wealth 360 Degree Process, presenting a holistic approach to financial planning.
The goal is to help clients make better financial decisions by utilizing a full range of unique and expertly crafted services, including:
- Retirement Planning
- Estate Planning
- Cash Management of Reserve Assets
- Account Aggregation
- Cash Flow Analysis
- Debt Analysis
- Insurance Analysis
- Account Reviews
- Education Planning
- Dodds Wealth 360 Fast Plan
- Caribbean Strategy
Dodds Wealth Management Group | Contact Information
Denver Metro Office
385 Inverness Parkway
Englewood, CO 80112
Phone: (303) 539-3900
Colorado Springs Office
1155 Kelly Johnson Blvd
Colorado Springs, CO 80920
Phone: (719) 260-9200
You can also view a Google map and get directions to the Denver Metro Office and the Colorado Springs Office.
AdvisoryHQ’s Objective Standards & Our Personalized Page Service
This Dodds Wealth Management Group review was independently conducted by AdvisoryHQ. Firms do not pay for their ranking. In fact, most firms do not even realize that they are being reviewed and ranked by AdvisoryHQ until after our ranking publication has been completed and published to the public.
Our focus is on the everyday consumer. All of our research and publications are conducted from the end-user consumer’s perspective, and we publish our top-ranking reviews for anyone to view for free.
However, after we’ve published our top-ranking publications to the general public, firms can request to have a separate personalized profile, like the one above, which incurs a charge.
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