1. What is Stringer Asset Management, LLC?

Stringer Asset Management, LLC is my newly launched, independent asset mangement firm dedicated to providing high-quality, fiduciary financial planning and investment management services. The firm is built around independence, transparency, and a deep commitment to serving clients’ best interests without the constraints of a large corporate platform or hundreds of clients.

Our firm derives its name from the craft of surfboard shaping and building. The stringer is a strip of wood added to the deck of a surfboard to provide strength and stability. We strive to add the same strength and stability to the financial lives of our clients.

2. Where is the new office located?

Our Rhode Island office is located in the charming Wickford Village in North Kingstown, Rhode Island — a welcoming setting for in-person client meetings and an afternoon lunch by the water. Meeting space in New York City and Massachusetts are in the works.

3. Who will you be working with? Is Charles Schwab still custodian?

Stringer Asset Management, LLC offers advisory services through XY Investment Solutions, LLC, an SEC- Registered Investment Advisor. I will continue to manage your portfolio as I have for the past several years, utilizing the same processes and with the ability to tap into the expanded research capabilities and investment expertise of the XY Planning Network.

Charles Schwab will remain the custodian of all securities, investments, and cash. Your account number will remain the same.

I’m excited to be working alongside Joseph Kolb, CFP®, a fellow Certified Financial Planner™ professional who shares my client-first philosophy and passion for delivering personalized, fiduciary advice. Joe has been running his own RIA firm since 2012.

4. Why did you decide to make this change?

This transition allows me to focus entirely on my clients — with no outside sales pressures or management limitations and expanded capabilities. By becoming fully independent, I now have the flexibility to search the entire universe of investment options, build more personalized portfolios, and provide unbiased advice and service aligned solely with my clients’ goals.

5. What is the XY Planning Network, and why is it important?

Stringer Asset Management is proud to be a member of the XY Planning Network, a community of over 2,000 independent CFP® professionals and fiduciary advisors nationwide. Founded by Michael Kitces, a leading voice in the financial planning profession, XYPN provides members with access to cutting-edge research, education, technology, and client service support. In 2024 alone, over 450 advisors joined the network, marking the largest annual growth since its founding in 2014.

6. How does this benefit clients?

Being part of XYPN means I can leverage the industry’s best tools and insights — from investment research and financial planning technology to continuing education and compliance support — so that I can devote more time to what truly matters: you and your financial well-being. All while still having the support and expertise that the Charles Schwab team provides to bigger, SEC-registered Investment Advisors.

7. What happens next?

I’ll be reaching out personally by phone to discuss the onboarding process, answer any questions you may have, and ensure a smooth transition to Stringer Asset Management, LLC.

8. Will my financial planning and investment approach change?

No major changes are expected. My investment philosophy, fiduciary standard, and client-centric approach remain the same. This move simply enhances the resources, technology, and independence supporting those same core values.

9. How can I get in touch or schedule a meeting?

You can reach me directly at patrick@stringerfin.com. You’ll also be able to schedule a call or meeting conveniently through our website once it fully launches.

10. How can I learn more about Stringer Asset Management?

More information will be available soon on our website, www.stringerfin.com, including firm updates and educational resources on our blog.