A. FIRM INFORMATION
Vantage Point Financial, LLC (“VPF” or the “Advisor”) is a registered investment advisor with the U.S. Securities
and Exchange Commission (“SEC”). The Advisor is organized as a Limited Liability Company (LLC) under the
laws of the State of Illinois. VPF was founded in July 2019 and is owned and operated by Nicholas J. Reiland
(Managing Partner and Chief Compliance Officer) and Timothy M. Kuntz (Managing Partner). VPF has
additional offices in Michigan and Missouri.
This Disclosure Brochure provides information regarding the qualifications, business practices, and advisory
services offered by VPF.
B. ADVISORY SERVICES OFFERED
VPF offers investment advisory services to individuals, families, and high-net-worth individuals (each referred
to as a “Client”).
VPF serves as a fiduciary to Clients, as defined under the applicable laws and regulations. As a fiduciary, the
Advisor upholds a duty of loyalty, fairness, and good faith toward each Client and seeks to mitigate potential
conflicts of interest. VPF’s fiduciary commitment is further described in the Advisor’s Code of Ethics. For more
information regarding the Code of Ethics, please see Item 11 – Code of Ethics, Participation or Interest in Client
Transactions and Personal Trading.
INVESTMENT MANAGEMENT SERVICES
VPF provides customized investment advisory solutions for its Clients. This is achieved through personal Client
contact and interaction while providing discretionary investment management and related advisory services.
VPF works closely with each Client to identify their investment goals and objectives, risk tolerance, and financial
situation to create a portfolio strategy. VPF will then construct an investment portfolio consisting of low-cost,
diversified mutual funds and/or exchange-traded funds (“ETFs”) to achieve the Client’s investment goals. VPF
may also utilize cash, mutual funds, exchange-traded funds, stocks, bonds, options, independent managers,
and real estate investment trusts to construct portfolios to meet the needs of its Clients and may retain certain
types of investments based on a Client’s legacy investments, portfolio fit, and/or tax considerations.
VPF’s investment approach is primarily long-term focused, but the Advisor may buy, sell, or re-allocate positions
that have been held for less than one year to meet the objectives of the Client or due to market conditions. VPF
will construct, implement, and monitor the portfolio to ensure it meets the goals, objectives, circumstances, and
risk tolerance agreed to by the Client. Each Client will have the opportunity to place reasonable restrictions on
the types of investments to be held in their respective portfolio, subject to acceptance by the Advisor.
VPF evaluates and selects investments for inclusion in Client portfolios only after applying its internal due
diligence process. VPF may recommend, on occasion, redistributing investment allocations to diversify the
portfolio. VPF may recommend specific positions to increase sector or asset class weightings. The Advisor may
recommend employing cash positions as a possible hedge against market movement. VPF may recommend
selling positions for reasons that include, but are not limited to, harvesting capital gains or losses, business or
sector risk exposure to a specific security or class of securities, overvaluation or overweighting of the position[s]
in the portfolio, change in risk tolerance of the Client, generating cash to meet Client needs, or any risk deemed
unacceptable for the Client’s risk tolerance.
VPF does not accept or maintain custody of a Client’s funds or securities, except for the limited authority as
outlined in Item 15 – Custody. All Client assets will be managed within the designated account[s] at the
Custodian, pursuant to the terms of the advisory agreement. Please see Item 12 – Brokerage Practices.
Some Advisors of VPF, may include tax services as part of the Investment Management Services. Please
inquire with your IAR if this service is included in your investment management fee.
INDEPENDENT THIRD-PARTY MANAGERS
VPF may recommend that a Client utilize one or more unaffiliated investment managers, sub-advisors, or
investment platforms (collectively “Independent Managers”) for all or a portion of a Client’s investment portfolio,
based on the Client’s needs and objectives. In such instances, the Client may be required to authorize and
enter into an advisory agreement with the Independent Manager[s] that defines the terms in which the
Independent Manager[s] will provide its services. The Advisor will perform initial and ongoing oversight and due
diligence over each Independent Manager to ensure the strategy remains aligned with the Client’s investment
objectives and overall best interests. The Advisor will also assist the Client in the development of the initial
policy recommendations and managing the ongoing Client relationship. Before entering into an agreement with
the Independent Manager, the Client will be provided with the Independent Manager's Form CRS and ADV 2A
(or a brochure that makes the appropriate disclosures). As part of the Advisor’s due diligence efforts, the Advisor
will also ensure the Independent Manager is properly registered or notice filed in the state in which the Client
resides.
FINANCIAL PLANNING SERVICES
VPF will
provide a variety of financial planning and consulting services to Clients, either as a component of its
investment management services or pursuant to a written financial planning agreement. Services are offered
in several areas of a Client’s financial situation, depending on their goals and objectives.
Generally, such financial planning services involve preparing a formal financial plan or rendering a specific
financial consultation based on the Client’s financial goals and objectives. This planning or consulting may
encompass one or more areas of need, including but not limited to investment planning, retirement planning,
personal savings, education savings, insurance needs, and other areas of a Client’s financial situation.
A financial plan developed for or financial consultation rendered to the Client will usually include general
recommendations for a course of activity or specific actions to be taken by the Client. For example,
recommendations may be made that the Client start or revise their investment programs, commence or alter
retirement savings, establish education savings, and/or charitable giving programs.
VPF may also refer Clients to an accountant, attorney, or other specialists as appropriate for their unique
situation. For certain financial planning engagements, the Advisor will provide a written summary of the Client’s
financial situation, observations, and recommendations. For consulting or ad-hoc engagements, the Advisor
may not provide a written summary. Plans or consultations are completed within six (6) months of the contract
date, assuming all information and documents requested are provided promptly.
Financial planning and consulting recommendations pose a conflict between the interests of the Advisor and
the interests of the Client. For example, the Advisor has the incentive to recommend that Clients engage the
Advisor for investment management services or to increase the level of investment assets with the Advisor, as
it would increase the amount of advisory fees paid to the Advisor. Clients are not obligated to implement any
recommendations made by the Advisor or maintain an ongoing relationship with the Advisor. If the Client elects
to act on any of the recommendations made by the Advisor, the Client is under no obligation to implement the
transaction through the Advisor.
TAX PLANNING SERVICES
IARs with VPF may provide our clients with tax, accounting, and consulting services and may refer to unaffiliated
tax professionals.
In other circumstances, IARs may make referrals to Vantage Point Tax, LLC (“Vantage Point”), an affiliated
licensed tax agency. Tax planning services may be offered through Vantage Point Tax, LLC (“Vantage Point”)
an affiliated tax planning firm. Vantage Point will assist you in the development of a income tax plan after careful
consideration of your objectives and present financial situation. This process begins with the preparation of a
comprehensive financial plan. Based on this analysis, we will recommend strategies to implement today that
can have a positive impact on taxes due in future years, especially during retirement. Tax return preparation is
not included in this service but can be obtained through Vantage Point at an additional cost.
CONSULTING AND ADVISEMENT SERVICES
Clients may engage us to advise on certain investment products that are not maintained at VPF’s recommended
custodian, such as annuity contracts and assets held away. Where appropriate, we provide advice about any
type of held-away account that is part of a client portfolio.
SEMINARS AND WORKSHOPS
VPF occasionally provides adult educational workshops and seminars. Workshops and seminars are always
offered on an impersonal basis and do not focus on the individual needs of participants.
C. CLIENT ACCOUNT MANAGEMENT
Before engaging VPF to provide investment advisory services, each Client must enter into one or more
agreements with the Advisor that define the terms, conditions, authority, and responsibilities of the Advisor and
the Client. These services may include:
● Establishing an Investment Strategy – VPF, in connection with the Client, will develop a strategy that seeks
to achieve the Client’s goals and objectives.
● Asset Allocation – VPF will develop a strategic asset allocation targeted to meet the investment objectives,
time horizon, financial situation, and tolerance for risk for each Client.
● Portfolio Construction – VPF will develop a portfolio for the Client that is intended to meet the stated goals
and objectives of the Client.
● Investment Management and Supervision – VPF will provide investment management and ongoing
oversight of the Client’s investment portfolio.
D. WRAP FEE PROGRAMS
VPF does not manage or place Client assets into a wrap fee program. Investment management services are
provided directly by VPF.
E. ASSETS UNDER MANAGEMENT
As of December 31, 2023, VPF managed approximately $235,230,130 in discretionary assets under
management and $2,693,216 in non-discretionary assets under management. Clients may request more
current information at any time by contacting the Advisor.
In addition, as of December 31, 2023, Advisory Persons of VFP also oversee $52,536,856 in assets that are
not under regular and continuous management of the Advisor.