Bay Point Wealth
Financial Advisor & Director of Trading Operations
Fee-Only financial planner located in Annapolis, MD, serving clients locally and across the country
Yvonne Scoggins is a Annapolis, MD fee-only financial planner. Bay Point Wealth provides comprehensive financial planning, portfolio management, and tax planning to help individuals and families organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, Yvonne Scoggins is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
As a financial advisor for many years with one of the largest financial services firms in the county, Yvonne Scoggins has seen it all. In the beginning of her career, she worked with active traders, specializing in options trading and later began working as a Financial Advisor, focusing on helping clients with financial planning and investing for the long-term. She has seen incredible bull markets like the rise in technology stocks and painful down markets like the great recession in 2007 - 2008. Understanding what is important about money to her clients and helping them reach their objectives gives her great satisfaction. She knows how difficult it is to maintain discipline in both up and down markets and works closely with her clients to survive the ups and downs.
She knows that not everyone enjoys the details of investing as much as she does so when she communicates with clients she takes her time to make sure she answers their questions in a practical and easy to understand way.
As a mom of three daughters (one of whom is in college), who has cared for her aging grandparents and now her own parents, she understands the importance of proper planning.
Yvonne is originally from Maryland but being a Navy brat she has also grown up on the west coast. She currently lives in Crownsville, MD with her husband and daughters.
Our mission at Bay Point Wealth is to integrate planning, investments, and taxes, with you at the center. The first step is understanding where you want your financial journey to take you. We use this foundation to build appropriate strategies, tailored to you.
We look at and integrate all aspects of your financial life, including your investments, taxes, insurance, and estate plan to provide advice in an unbiased, clear, and comprehensive manner. In interactive meetings, we will show you how different factors affect your financial future. In real time you can see how spending, investment returns, savings, and other factors will affect your wealth. Once you feel comfortable with your plan, we will design an investment portfolio that reaches your goals in a cost effective and tax efficient manner, maintaining as little risk as possible. Lastly, not only will we prepare your tax return, we will look for opportunities to minimize your tax burden and integrate your tax planning with your overall financial plan.
At Bay Point Wealth, you get comprehensive planning, investments, and taxes. Everything you need, all in one place.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Portfolio Management
- College Education Planning
- Insurance Analysis
- 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
Yvonne Scoggins is an Accredited Asset Management Specialist
Financial advisors and investment managers who hold the AAMS® designation have completed a course of study encompassing investments, insurance, tax, retirement, and estate planning issues. Individuals must pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations. All designees have agreed to adhere to Standards of Professional Conduct and are subject to a disciplinary process.
Yvonne Scoggins is a Financial Paraplanner Qualified Professional™ (FPQP™)
Individuals who hold the FPQPTM designation have completed a course of study encompassing the financial planning process, the five disciplines of financial planning and general financial planning concepts, terminology and product categories. Additionally, individuals must pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations.
Contact Yvonne Scoggins
Annapolis, MD 21409