The founder Paul Howard is a Registered Investment Advisor. He graduated California State University, Sacramento where he studied Economics and Environmental Science, and then completed the Personal Financial Planning program at the University of California, Davis. He worked for EF Hutton in New York City and Sacramento as a Financial Advisor, licensed in general securities, commodities, annuities, and insurance while specializing in tax-advantaged and retirement fund investments. He left private sector finance to work for state and various local governments where he spent a career managing employee pension, compensation, and benefits programs. He later returned part-time to UC Davis as an instructor in the Financial Planning program.
Paul retired at age 55 and has spent much of his time traveling with his wife and their dogs, conducting investment research, and managing family investments. After his wife retired from her teaching career, they decided to move from Sacramento to Las Cruces where Paul noticed the usual Wall Street wealth management firms throughout the community; firms that ordinary people can’t access because of minimum deposit and net worth requirements. Also present were the retail investment outlets that cater to smaller, less financially sophisticated clients, and that levy the highest allowable investment sales charges, coupled with ongoing account service fees. Paul decided he could do better for those who do not have access to the professional advice and guidance afforded the most affluent. He established Red Hawk Prosperity Partners as a modestly priced, alternative wealth management advisory. He chose to include the word “Partners” to signify a constant partnership in its clients’ prosperity efforts.
We are “fiduciaries” and do not recommend or sell investments that have a sales charge, so we don’t receive commissions or fees from investment sales. As “fiduciary advisors”, we are legally bound to always act in the client’s “best interest.” Representatives of traditional wealth management firms are paid commissions from investment sales charges and are not usually designated fiduciaries. These advisors are not legally obligated to do what is in your best interest but must only meet the “suitability standard” based on your age, risk tolerance, and financial goals when recommending and selling an investment product. In other words, they are free to sell you a high-commission product even if there are comparable, less expensive alternatives available. Not being paid through sales commissions allows us to always do what’s in your best interest and is what separates us from many wealth management firms.
As a boutique advisory service, we provide trusted, reliable advice and guidance for a fraction of what is charged by others. How is this possible? Four decades of experience researching and vetting investment opportunities, low overhead costs, and having already achieved a comfortable level of prosperity are the honest answers.
We believe that it is important for clients and prospective clients to feel comfortable about the legitimacy of whom they are trusting their money. Every advisory firm and the Registered Investment Advisors within that firm have unique, lifelong identification numbers that can be entered into a database to see registration status, client complaints, disciplinary actions, criminal history, and civil litigation, among other items. In the interest of total transparency, our information and the government website are listed below so anyone who is interested can access it.
Red Hawk Prosperity Partners - CRD# 327642 - Paul Howard - CRD# 1297171www.adviserinfo.sec.gov
