Business Details
11 Years
experience
Your Trusted Partner for Fee-Only Financial Planning Solutions
Ark Royal Wealth Management is a team of fee-only CERTIFIED FINANCIAL PLANNERS (CFPs) and fiduciary advisors dedicated to providing personalized financial advice. Established in 2015 by Mike Palmer, we serve physicians, business executives, college athletic coaches, and individuals nearing or in retirement. Our approach emphasizes comprehensive financial planning, retirement strategies, tax optimization, and evidence-based investment management. We operate without conflicts of interest, adhering strictly to fiduciary standards. Our team partners with clients to create durable, adaptable financial plans that withstand market unpredictability and life's unexpected events.We prioritize long-term relationships, offering periodic reviews and adjustments to align with evolving client needs. Our expertise includes executive compensation analysis, deferred compensation planning, and specialized strategies for self-employed professionals. We maintain transparency in pricing and are registered with the Securities and Exchange Commission. Our affiliations with CFP Board and NAPFA underscore our commitment to ethical, client-first financial advice.
Services
Financial Planning
Investment Management
Tax Planning
Executive Compensation
Deferred Compensation
Retirement Planning
Wealth Transfer
Young Professionals Advisory
Self-Employed Planning
Details
- Year established: 2015
Highlights and features
- We operate as fee-only fiduciaries with no conflicts of interest
- Our team includes CERTIFIED FINANCIAL PLANNERS with specialized expertise
- We use evidence-based investment strategies developed by Dimensional Fund Advisors
- We create tailored financial plans for physicians, executives, and retirees
- We maintain transparent pricing structures with no hidden fees
Associations and certifications
- CERTIFIED FINANCIAL PLANNER
- NAPFA
Services
Financial Planning
We develop customized financial plans tailored to individual goals. Our comprehensive approach addresses retirement readiness, cash flow management, and risk mitigation. We create adaptable strategies that evolve with changing life circumstances and market conditions.
Investment Management
Our evidence-based investment strategies use diversified, low-cost funds to optimize returns. We implement Dimensional Fund Advisors' market-tested approaches while maintaining transparent fee structures and regular portfolio reviews.
Tax Planning
We analyze tax-efficient strategies including Roth conversions, deduction bunching, and asset location optimization. Our planning helps minimize tax liabilities during working years and retirement for business executives and high-income earners.
Executive Compensation
Specialized analysis of stock options, deferred compensation, and SERP benefits. We coordinate these complex benefits with overall wealth strategies to maximize executive compensation packages while minimizing tax exposure.
Deferred Compensation
We guide clients through deferred compensation plan complexities including distribution strategies, investment allocation, and tax implications. Our advice helps optimize these benefits while coordinating with broader retirement income plans.
People
Mike Palmer
Founder
Certified financial planner with 20+ years of experience. Former executive at major financial institutions. Specializes in fiduciary advisory services and retirement planning strategies for high-net-worth individuals.
Zach Palmer
CFP
Certified Financial Planner focused on young professionals and technology executives. Expertise in stock option planning and retirement savings optimization. Holds fiduciary responsibility for client asset management.
Nick Ross
CFP
Certified Financial Planner with specialization in tax-efficient strategies. Experienced in serving medical professionals and business owners. Focuses on comprehensive financial planning and investment management.
Questions
What services do you offer?
We provide financial planning, investment management, tax planning, and specialized advisory services for executives, self-employed professionals, and retirees.
How are you compensated?
We operate on a fee-only basis starting at 1% of assets under management, with minimum annual fees of $7,500 for comprehensive services.
Do you work with young professionals?
Yes, we offer specialized planning services for clients aged 25-40 with fees starting at $3,000 annually or 1% of assets.
Are you fiduciaries?
Yes, we are CERTIFIED FINANCIAL PLANNERS and NAPFA members who always serve clients in a fiduciary capacity without conflicts of interest.
How do you approach investing?
We use evidence-based strategies developed by Dimensional Fund Advisors focusing on diversification, risk management, and low-cost market-based solutions.
What areas do you serve?
We primarily serve clients in Raleigh and Charlotte, North Carolina, with virtual advisory services available nationwide.
