CFP®, CPA, BBA, MS
Bay Point Wealth Management
Fee-Only Financial Advisor with offices in Annapolis, MD and Sarasota, FL
William Hufnell is a Sarasota, FL and Annapolis, MD fee-only financial planner. Bay Point Wealth Management provides comprehensive and objective financial planning to help clients organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, William Hufnell is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
William J. Hufnell is the founder and Principal at Bay Point. He earned his Bachelor’s degree from Georgia State University in accounting and his Master’s degree in finance from Johns Hopkins University.
Bill is a Certified Public Accountant (CPA) with extensive knowledge in Federal income tax laws and Federal estate tax laws. He is also a CERTIFIED FINANCIAL PLANNER® (CFP™), the most highly regarded designation within the financial planning industry. The CFP™ designation reflects Mr. Hufnell’s extensive experience and education in the financial planning arena, as well as his commitment to continuing education and the CFP™ Board’s Code of Ethics.
Bill serves as the lead wealth manager and Chief Investment Officer for the firm.
He is an active member of the National Association of Professional Financial Advisors, the foremost professional association for fee-only financial advisors, the American Institute of Certified Public Accountants, the Maryland Association of Certified Public Accountants.
In addition to his 12 years of extensive wealth management planning experience with Bay Point, Bill was previously employed with a Fortune 100 corporation for 10 years, working in the areas of business planning, corporate retirement plans, employee benefits and compensation, and financial reporting.
William Hufnell is a Member of the National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.
NAPFA members live by three important values:
- To be the beacon for independent, objective financial advice for individuals and families.
- To be the champion of financial services delivered in the public interest.
- To be the standard bearer for the emerging profession of financial planning
An Important Decision
Selecting a financial advisor is one of the most important decisions you will ever make. An advisor must be responsive to your unique needs and be someone you can count on for years to come. Most of all, you want someone you can trust.
We understand that before entrusting your financial affairs to an advisor, you want to be sure that the company you choose has the expertise, integrity and commitment to provide the personal service that you need and deserve.
Our mission is to thoroughly understand each of our client’s goals and concerns, to help them improve their overall financial health and achieve their goals, and to help them enjoy their lives more fully.
The term fee-only refers to the method of compensation for the financial planner. Fee-only planners are compensated solely by fees paid by their clients and do not receive commissions or compensation from any other source. Thus, they do not sell any insurance, annuities or other investment products.
As a fee-only firm, we provide unbiased and objective advice that is always in the best interest of our valued clients. Since we are independent from all financial services companies and products, we are able to offer hundreds of different investment and insurance opportunities – none of which are commission driven.
Our Philosophy and Approach
Comprehensive Financial Planning
We approach financial planning in a very integrated and holistic manner. All of our analyses and recommendations carefully consider the impact on your entire financial picture. You can count on our extensive education and broad knowledge gained by years of financial and tax experience to help you chart your course through today's complex world of finance and investing.
Our comprehensive financial planning services will thoroughly analyze and make specific recommendations regarding your:
- Cash flows (long-term and short-term)
- Income Taxes
- Retirement Planning
- Estate planning
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Management
- College Education Planning
- Tax Planning
- Retirees and Near Retirees
- Growing Families
- Business Owners and Executives
- Sudden Money Situations
- Novice Investors
- In-Office Meetings
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
- Complimentary Initial Consultation
Professional Designations & Affiliations
William Hufnell is a NAPFA-Registered Financial Advisor
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
William Hufnell is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for Verification
CFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
Contact William Hufnell
582 Bellerive Road
Annapolis, MD 21409
1990 Main Street Suite 750
Sarasota, FL 34236