TriCapital Wealth Management, Inc. ("TCWM") was established in February 1999 and approved
as a Registered Investment Adviser in February of 2003. Randall White is its President and 100%
owner.
TCWM provides various types of investment management services to clients. The goal of all
advisory activities is to assist clients in establishing and attaining their financial goals. Services
provided are based on the Client's needs, financial status, and personal planning objectives. The
approach offered by TriCapital Wealth Management provides you with the advantage of
personalized and coordinated financial management that includes Investment planning and
management; Estate planning; Retirement analysis and planning; Tax planning and coordination;
and Business planning and employee benefits.
Our services vary from relationship to relationship; however, the following is a general
description of our processes:
Step One: The Right Fit
We begin with an exploratory meeting, at which we mutually figure out if we are the right Firm
for you. Can we help you reach your goals? If the answer is yes, we will take the next step.
Step Two: Focusing on You
The next step is to deepen our understanding of you. We collect a lot of data. We ask a lot of
questions and listen to your answers. We do this so that we can understand you and adapt our
processes to your unique needs. Unlike other firms, we do not take a "canned" approach that
produces a meaningless plan consisting of simplistic reports that never seem to adequately
address your situation. Our Wealth Management Process enables us to efficiently gather the
information we need to tailor a financial and investment plan that becomes the foundation for
successful planning.
Step Three: Managing Resources Wisely
Having mapped out a detailed financial planning strategy, we now have the basis for forming a
prudent, long-term investment plan. Rather than focusing on the hottest investment or the
latest investment fad, our focus is on developing an investment plan that reflects your needs and
goals and is geared toward making sure you never run out of money. We believe in minimizing
investment risk through diversification while taking advantage of potential long-term growth
opportunities. Detailed investment reports keep you informed of the performance and progress
of your overall investment plan toward your own goals.
Step Four: Measuring Your Progress
Financial planning is not a one-time event – it is a lifelong process. Investment plans do not
remain static and must be updated periodically to adapt to the ever-changing opportunities, and
risks, in the investment markets. At TriCapital, we view the relationship that we develop with
you over time and the periodic reviewing and management of your resources to be as important
as the initial work we do. We are committed to being your financial partner. This means we are
available at any time – we return calls and emails promptly and we are responsive to your needs
and requests. Review meetings are held at least semi-annually, more often if needed. Financial
and investment plans are updated during those reviews to measure the progress you are making
toward your goals. While our focus is on your specific goals, we also measure your progress
toward achieving, and maintaining, financial independence using our proprietary Retirement
Funding Score (RFS®). The RFS® shows you where you are now and your rate of progress toward
the day when you have the comfort of knowing that the resources you have accumulated will
allow you to live the lifestyle you desire.
TCWM offers clients several options with regard to assistance in implementing the Financial Plan
or managing the Client's portfolio independent of any financial planning engagement. These
options are outlined below. In all cases the Client's individual needs are assessed prior to
commencement of managing assets on his or her behalf. Based on the Client's needs, TCWM
may offer the following types of advisory services:
1. Asset Management
a. Advisor Managed Asset Based Portfolio (wrap account)
b. Advisor Managed Transaction Based Portfolio (non-wrap)
c. Financial Planning Services
1. ASSET MANAGEMENT PROGRAMS:
a. Advisor Managed Asset Based Portfolio (wrap account)
These accounts are managed directly by Randall White at TCWM.
Investment options are
generally limited to individual stocks, but in limited cases, will also include ETF’s, open and closed-
end mutual funds and/or fixed-income investments. TCWM continuously monitors and manages
these accounts under discretionary agreements with clients without specific consent for
individual trades. Through association with Triad Advisors, LLC (Triad) a registered broker/dealer
and registered investment adviser, TCWM offers its clients the option of investing through Triad.
In this program, a registered representative of Triad, who may also be an IAR of TCWM, is
responsible for the investment decisions in the portfolio and for monitoring the returns and
investments in the portfolio so it is appropriate for the Client's stated objectives and risk
tolerance. Clients are charged an all-inclusive wrap fee on Program Assets that covers advisory,
execution, custodial and reporting services on Eligible Assets. TCWM will furnish you with an
additional WMP wrap fee brochure from Triad which will provide additional information on this
program.
b. Advisor Managed Transaction Based Portfolio (non-wrap)
Portfolios in these programs are primarily invested in no-load and load waived mutual funds, but
may also include stocks, bonds, REITS, and fixed income investments based on the Client's
individual objectives, risk tolerance, and cash flow needs. A client with a managed general
securities account may transfer in mutual fund holdings for consolidation and/or convenience.
This account is reviewed at a minimum on a monthly basis if not more frequently as market
conditions require and usually is, but not always, managed under a discretionary trading
authorization.
2. FINANCIAL PLANNING SERVICES:
Comprehensive planning involves six steps: 1) Gathering client data; 2) Establishing financial goals
and objectives; 3) Processing and analyzing information; 4) Making recommendations; 5)
Implementing the financial plan, and 6) Monitoring the plan. A written report outlining the
analysis conducted and general or specific recommendations in some or all of the following areas
is provided:
• Investment analysis and planning
• Education funding analysis and planning
• Tax planning
• Estate planning
• Retirement analysis and planning
• Insurance analysis and planning
• Employee benefit review and planning
• Corporate pensions and retirement plan analysis and planning
• Business continuation planning
The financial plan may include all or some of the areas outlined above, depending on the Client's
specific needs and circumstances. The Client can engage TCWM to provide ongoing financial
planning counseling to assist with the implementation and review of their financial plan and may
terminate the planning engagement at any time.
The Client may also engage TCWM for periodic review and updating of their financial plan.
Portions or all of a comprehensive written financial plan or periodic update and review of the
Client's financial situation may include matters not involving securities.
Individual Retirement Accounts and ERISA Plans Disclosure
When we provide investment advice to you regarding your retirement plan account or individual
retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement
Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing
retirement accounts. The way we make money creates some conflicts with your interests, so we
operate under a special rule that requires us to act in your best interest and not put our interest
ahead of yours.
Under this special rule's provisions, we must:
• Meet a professional standard of care when making investment recommendations (give
prudent advice);
• Always put your financial interests ahead of ours when making recommendations (give
loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best
interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest.
As of December 31, 2023, TCWM held $102,293,353 in discretionary assets under management
and $1,631,246 in non-discretionary assets under management.