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Disclosures

Barnes Dennig Private Wealth Management Disclosures

Barnes Dennig Private Wealth Management, LLC (“BDPW”, “we”, “our”, or “us”) is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”).

Form CRS (Customer Relationship Summary)

Registered investment advisers (RIAs) are required to provide Form CRS, a brief relationship summary, to retail investors. The relationship summary contains important information about the firm, including key disclosures that can help you decide if a firm is right for you. It also provides a standardized way for investors to compare information about different firms.

The relationship summary provides customers with information about:

        • the types of services the firm offers;
        • the fees, costs, conflicts of interest, and required standard of conduct associated with those services;
        • whether the firm and its investment professionals have reportable legal or disciplinary history; and
        • how to get more information about the firm.
        • The relationship summary also includes questions to help begin a discussion with an investment professional about the relationship, including their services, fees, costs, conflicts and disciplinary information.

Form CRS Download

ADV Part 2A Disclosure

Form ADV Part 2A, commonly referred to as the “firm brochure,” is a disclosure document that investment advisers are required to file with the Securities and Exchange Commission (SEC) and state securities regulators. It provides key details about the firm’s advisory services, fees, potential conflicts of interest, and any disciplinary history. In Form ADV Part 2A, you’ll find:

  • Our business practices
  • The types of clients we serve
  • Our investment philosophy
  • Our fees and compensation
  • Any disciplinary history
  • Any conflicts of interest
  • The educational and business background of our key advisory personnel

ADV Part 2A Disclosure Download

Professional Designations Disclosure

Disclosure: Barnes Dennig Private Wealth Management, LLC is not an accounting firm, and nothing contained herein should be construed as accounting advice or an offer of accounting services. To the extent needed, all parties are advised to seek accounting services from the qualified professional(s) of their choosing. Please see below for further information regarding the professional credentials and designations discussed herein. Professional credentials and designations do not guarantee success or any particular financial or investment outcome and should not be viewed as the sole determining factor in whether to hire or retain an investment adviser.

Certified Public Accountants (“CPAs”) are licensed and regulated by their state boards of accountancy. While state laws and regulations vary, the education, experience and testing requirements for licensure as a CPA generally include minimum college education (typically 150 credit hours with at least a baccalaureate degree and a concentration in accounting), minimum experience levels (most states request at least one year of experience providing services that involve the use of accounting, attest, compilation, management advisory, financial advisory, tax or consulting skills, all of which must be achieved under the supervision of or verification by a CPA), and successful passage of the Uniform CPA Examination. In order to maintain a CPA license, states generally require the completion of 40 hours of continuing professional education (CPE) each year (or 80 hours over a two-year period or 120 hours over a three-year period). Additionally, all American Institute of Certified Public Accountants (AICPA) members are required to follow a rigorous Code of Professional Conduct which requires that they act with integrity, objectivity, due care, competence, fully disclose any conflicts of interest (and obtain client consent if a conflict exists), maintain client confidentiality, disclose to the client any commission or referral fees, and serve the public interest when providing financial services. The vast majority of state boards of accountancy have adopted the AICPA’s Code of Professional Conduct within their state accountancy laws or have created their own. In addition to the Code of Professional Conduct, AICPA members who provide personal financial planning services are required to follow the Statement on Standards in Personal Financial Planning Services (SSPFPS).

The Personal Financial Specialist (“PFS”) credential demonstrates that an individual has met the minimum education, experience and testing required of a CPA in addition to a minimum level of expertise in personal financial planning.  To attain the PFS credential, a candidate must hold an unrevoked CPA license, certificate, or permit, none of which are in inactive status; fulfill 3,000 hours of personal financial planning business experience; complete 75 hours of personal financial planning CPE credits; pass a comprehensive financial planning exam and be an active member of the AICPA.  A PFS credential holder is required to adhere to AICPA’s Code of Professional Conduct and the Statement on Standards in Personal Financial Planning Services, when providing personal financial planning services.  To maintain their PFS credential, the recipient must complete 60 hours of financial planning CPE credits every three years. The PFS credential is administered through the AICPA.