Business Details
Your Trusted Partner for Fee-Only Financial Planning in Tampa
Water Street Wealth is a fee-only financial advisory firm dedicated to providing unbiased, personalized financial guidance. With over two decades of experience in the financial services industry, we specialize in comprehensive financial planning, investment management, and tax-efficient wealth strategies. As a fiduciary and CERTIFIED FINANCIAL PLANNER, our commitment to ethical standards ensures recommendations prioritize clients' best interests.We serve individuals and families in the Tampa Bay area, offering tailored solutions for retirement planning, estate planning, and blockchain/digital asset integration. Our holistic approach combines strategic investment management with ongoing education and support to empower clients to achieve long-term financial security.
Services
Financial Planning
Investment Management
Tax-Efficient Wealth Management
Estate Planning
Blockchain & Digital Assets
Retirement Planning
Risk Management
Portfolio Reviews
Wealth Preservation
Strategic Alliances
Highlights and features
- We operate as a fee-only fiduciary with no product commissions
- Our CERTIFIED FINANCIAL PLANNER holds 20+ years of industry experience
- We provide personalized financial roadmaps tailored to individual goals
- We integrate tax-efficient strategies into all investment planning
- We offer blockchain/digital asset expertise for modern portfolios
Associations and certifications
- CERTIFIED FINANCIAL PLANNER Board of Standards
- Registered Investment Advisor (RIA)
What people say
Personalized guidance
Transparent fee structure
Blockchain expertise
Trusted advisor
Comprehensive planning
Services
Financial Planning
Our comprehensive financial planning service creates personalized roadmaps for long-term security. We analyze assets, liabilities, and goals to develop strategies covering retirement, tax optimization, and risk management. With a focus on transparency and education, we help clients make informed decisions aligned with their values and life objectives. The process includes ongoing adjustments for changing circumstances.
Investment Management
We offer customized investment management solutions tailored to individual risk tolerance and financial goals. Our approach combines strategic asset allocation with regular portfolio reviews to ensure optimal performance. As a fiduciary, we prioritize low-cost, diversified investments while maintaining full transparency about fees and performance metrics. Quarterly reviews ensure alignment with evolving objectives.
Tax-Efficient Wealth Management
This service integrates tax optimization strategies into financial planning to minimize liabilities. We utilize tax-advantaged accounts, strategic withdrawal plans, and proactive tax law analysis to maximize wealth retention. Our approach coordinates with CPAs to ensure compliance while implementing investment strategies that enhance after-tax returns through efficient capital gains management.
Estate Planning
Our estate planning service preserves wealth for future generations through customized strategies. We coordinate with legal professionals to create wills, trusts, and power of attorney documents while addressing tax implications. The service includes legacy planning, asset protection, and smooth wealth transfer mechanisms that align with clients' family dynamics and charitable intentions.
Blockchain & Digital Assets
We provide specialized guidance for integrating digital assets into traditional portfolios. Our service covers cryptocurrency investment strategies, NFT evaluation, and blockchain technology analysis within regulatory frameworks. We help clients understand risks and opportunities while ensuring compliance with evolving regulations and implementing secure storage solutions for digital holdings.
People
Jeff Schlotterbeck
Founder & CERTIFIED FINANCIAL PLANNER
With over 20 years in financial services, Jeff Schlotterbeck specializes in comprehensive wealth management. As a fiduciary CFP, he focuses on personalized financial planning, tax-efficient investing, and digital asset strategies. His background includes leadership roles at major firms before establishing Water Street Wealth in Tampa.
Questions
What services do you offer as a fee-only advisor?
We provide financial planning, investment management, tax optimization, estate planning, and blockchain/digital asset advisory services without selling financial products.
How are your fees structured?
We charge quarterly fees based on assets under management, with rates negotiable and fully transparent as outlined in our form ADV.
Are you legally required to act in my best interest?
Yes, as a fiduciary Registered Investment Advisor, we have legal and ethical obligations to prioritize your interests in all recommendations.
How often do you review investment portfolios?
We conduct quarterly portfolio reviews and provide regular market updates, with additional communication when adjustments are needed.
Do you work with clients outside the Tampa Bay area?
While based in Tampa, we can serve clients nationwide through virtual meetings and digital communication tools.
How do you handle tax planning?
We coordinate with CPAs to implement tax-efficient investment strategies while directly managing tax-advantaged account allocations and timing of taxable transactions.
