From the November 2004 issue of Investment Advisor • Subscribe!

November 1, 2004

PAUL NOLT

Paul Nolt

Precision Financial Services

145 Linden Grove

New Holland, Pennsylvania 17557

717-354-8218

paul-pfs@hydrosoft.net

Year practice began: 1981

Number of advisors in office: 1 advisor, 2 full-time employees. Additional part-time employees are hired during tax season.

Number of clients: 500

Compensation methods: For tax services, clients are charged based on the amount of time required to complete the work and the complexity of the project. For investments, clients are charged commissions

Fee for managing assets: NA

Hourly rate: Depends upon the complexity of the work (see above)

Clientele: Primarily Amish and Mennonite farmers and small business owners, 75% of whom live in Lancaster County, Pennsylvania. Approximately 40% of the clientele is Amish and 40% is Mennonite

Education: Night-school courses in tax preparation

Previous incarnations: Realtor, farm laborer

Professional designations: None

Outside interests: Camping with his church group; spending time with his four children, ages 10-18; downhill skiing

Reprints Discuss this story
This is where the comments go.