Frequently Asked Questions

TapestryFP has chosen Charles Schwab to hold our clients’ investments. As of February 2026, Schwab custodies over $12 trillion in assets across nearly 39 million active brokerage accounts. We can't mix your money with our money, and the only money movements that we can execute go between your personal accounts which you explicitly authorize. The disclosures and agreement we both sign state these policies, and we have operational safeguards to enforce them. For example, we always call to confirm one-time money movements you request. You will receive monthly statements & year-end tax forms from Charles Schwab and have 24/7 access to your accounts through their secure online portal. Their customer service is always available as an alternative to contacting us.

Yes, if you choose our Core or Legacy service offerings which include investment management. However, this doesn't need to happen immediately. It's often best to wait until the implementation phase of your financial plan. In the meantime, your fee will be drafted electronically from your bank account instead of your investment account. We do not manage retirement plans such as 401(k), 403(b), and 457s. We advise on them as part of your overall financial plan, but they stay where they are until the time is right to move them. For Foundation clients, we do not manage your investments, so your accounts stay right where they are unless the action plan includes moving or consolidating your accounts. The execution of that would be your responsibility unless you switch to either the Core or Legacy service offering.

Sometimes your situation changes, and you don't need us in an ongoing fashion. Sometimes our personalities aren't the right fit, and you'd prefer working with someone else or to DIY. You can cancel your service at any time with 14 days’ notice. Any unused portion of your fee will be refunded, and we will help you make a smooth transition over to self-managing or working with another advisor.