About Fervent Wealth Management

Our Financial Experience & Expertise

Dr. Richard Baker founded Fervent Wealth Management to bring together the best elements from his formal education (Bachelor, Master, and Doctorate degrees), his real-world experience, and the lessons learned from working with some of the largest companies in the country.
When you choose Fervent Wealth Management, you can be assured that our team has an incredibly rich experience to draw upon for your financial well-being. Each fiduciary1 on our team has an incredible blend of financial experience and technical expertise that gives clients confidence concerning their finances.

Objectivity & Independence

Our firm is Fee-Based, whereas other firms are commission-based. We don’t want to sell you something and never contact you again. We are paid a smaller fee each year and are rewarded when you remain a client for a long time. This makes our firm a true consulting organization instead of a sales organization. Because Fervent Wealth Management is Fee-Based, we work solely for our clients, empowering them to make informed financial decisions confidently.

Not all individuals seeking a wealth advisor or financial advisor know that it’s important to find a financial advisor who is a fiduciary.2 What is a fiduciary, and why is this important? A fiduciary is an entity that acts on behalf of a person or group and is obligated to put clients’ interests first. Examples of fiduciaries can include trustees, attorneys, members of a company’s board, or bankers, among others. However, not all wealth advisors or financial advisors are fiduciaries.

Why is it essential to have a fiduciary financial advisor? First, fiduciaries are held to a much higher standard of conduct than the financial advisor who is not a fiduciary. This is called the prudent person standard of care, which means the fiduciary has a legal requirement to always act in the client’s best interests.

A non-fiduciary financial service provider is under no obligation to act in good faith. They may have arrangements with different financial companies to sell their products or have some other agenda you are not privy to that may not necessarily be in your best interest. If you choose a non-fiduciary advisor, you are forced to rely solely on that advisor’s personal code of ethics to ensure you receive proper treatment.

At Fervent Wealth Management, we act in good faith to give you financial confidence concerning your financial planning. As Accredited Investment Fiduciary® (AIF®) designees, we are obligated to put your best interests first and foremost. Therefore, when you work with us, you can rest assured that we are looking out for you and your money.

This concept of ensuring we always put you and your needs and goals first fits our fee-based pricing structure. Commission-based companies are more susceptible to basing their advice or suggestions on factors other than your best interests. Instead, they’re thinking about what may affect their bottom line.

Your Fiduciary Financial Advisor in Springfield and Beyond

As a fee-based fiduciary, we can give you quality advice every time. Our services are not dependent on getting clients to buy a particular product or a certain number of products. Our only concern is your satisfaction and confidence.

Our services are available to those in the greater Springfield areas and surrounding areas like Branson, Harrison, Northwest Arkansas, Joplin, Clinton, Lake of the Ozarks, and Rolla. We offer a free initial consultation and are ready to assist you now. To find out more, don’t hesitate to get in touch with Fervent Wealth Management today.