Frequently Asked Questions

What are the benefits of an independent advisory firm?

The main benefit is simple: to better serve our clients at the absolute highest level possible, aligning our approach and solutions with our clients’ needs. Nothing matters more to us than serving our clients, period. As an independent firm, we are not subject to any competing corporate obligations or barriers. Our model also allows us the latitude to streamline our focus and devote all resources and time towards enhancing the wealth management client experience. 

With the freedom provided by our independent structure, we have:

• Complete objectivity and freedom to design a truly client-centric service model and experience
• Full access to innovative technology and integrated online platform
• Complete financial control of our business to reinvest capital into value-added solutions and highly-qualified professionals, enhancing the client experience and service model
• Custom-tailored planning and strategic solutions
• Freedom to design a custom, goal-based investment approach and strategy that is disciplined yet versatile and dynamic
• A truly open-architecture platform of client-centric tools, resources, investment options, and solutions
• Strategic partnerships that allow us to build and grow the business around our clientele yet provide the size, strength, and resources needed to support our vision

* We own 100% of Tenet Wealth Partners, LLC which is a DBA of Sanctuary Securities, Inc.(Member FINRA, SIPC) and Sanctuary Advisors, LLC an SEC Registered investment Advisor. Many of the solutions we provide are registered products and subject to regulatory governance so therefore we selected Sanctuary, and we are Registered Representatives of Sanctuary Securities Inc. (Member FINRA, SIPC) and Investment Advisor Representatives of Sanctuary Advisors, LLC, an SEC Registered Investment Advisor.

What differentiates Tenet, and how do clients benefit?

Tenet’s key competitive advantages include:

• Client Experience – Dedicated financial advocates and partners covering all aspects of your financial life, we provide a custom-tailored experience for each client. To accomplish this, we limit the number of clients each advisor works with to further enhance the amount of time and attention to each client’s specific situation and needs.
• Independence – Free from corporate barriers or restrictions, allowing us to fully devote our time to our clients and enhance their service and experience.  Privately owned 100%, allowing Tenet to invest in any resources, technology, or solutions that support and enhance the client experience.
• Fiduciary Guidance & Experience – All advice is centered around putting our clients’ interests first and above all else. With over 40+ years of combined experience, every Tenet advisor is a CFP® professional and a legal fiduciary. We sit at your side of the table, helping you make clear and confident decisions based on goals-based solutions.  We do not believe in – nor do we – sell transaction-based products.
• Comprehensive & Integrated Financial Planning – We do a deep-dive of your finances to create a personalized, in-depth financial plan that encompasses your entire financial life. All services – financial planning, retirement planning, cash flow planning, investment management, tax planning, insurance planning, estate planning, philanthropic giving – are all integrated cohesively and managed under one roof.
• Household Alpha – We go beyond standard planning and investment returns to deliver measurable value for your household’s entire financial picture, focusing on:
  • Tax-Efficiency & Minimization – We have a strong focus on proactively managing investments tax-efficiently, while also utilizing tax planning strategies to manage your potential tax impact.
  • Cost Savings – Minimize investment expenses while also seeking to identify opportunities for lowering other external costs, such as insurance premiums.
  • Risk Management – Enhanced diversification through our unique, custom investment approach. Reviewing and identifying personalized strategies for asset protection, family protection, and legacy protection.
• Security & Scale – Client assets are custodied with BNY Mellon Pershing, the world’s largest custodian with $37 trillion under custody — backed by world-class technology, safeguards, and resources.
• Innovative Investment Approach – We employ a hybrid, dynamic approach that combines the “best of both worlds” benefits of passive and active management. We incorporate elements of both strategic and tactical asset allocation with a focus on reducing risk through diversification and strategic asset allocation, while also emphasizing cost minimization and tax efficiency. All portfolios are tailored to our clients’ specific goals and situation, and our open-architecture allows clients to have access to an expansive universe of investment options.
• Cost-Value Transparency – Our fees are clear, competitive, and tiered — starting below the industry average — with no hidden costs. You’ll always know exactly what you’re paying for the value you’re receiving.

For additional details, please refer to the DIFFERENCE page on our website for a description of the ways that Tenet Wealth Partners is distinguished as a wealth management firm.

Are you limited in the geography that you can serve clients?

Absolutely not. While our home base is the Champaign-Urbana community, we serve clients across Central Illinois and nationwide. Currently, we serve clients across 12 states with the ability to serve clients in any state.