Rick Hoy

Wealthcare Advisor

About Rick

Rick Hoy is founder and financial advisor with FinPoint Wealth Management in La Plata, MD. Rick has over 20 years of financial services experience with large and small institutions helping people pursue their personal financial goals. His work revolves around the personal information and quantified goals of his clients; explaining different solutions, each with varying risk/reward characteristics; putting strategies to work; and monitoring performance and the changes in his clients’ lives, as well as the dynamic changes in the investment and insurance marketplaces. Rick works with business owners regarding managing cash flow, risk management, retirement planning, and exit strategies. He also works with families in finding solutions to their investment, retirement planning, insurance, college savings, and estate planning needs. Through the years one thing has remained constant; it all starts with a conversation.

In 1994 Rick began his career in financial services and investments (holding a Bachelor of Science degree in Business Management from Radford University) and he earned his Accredited Asset Management Specialist certification with the College for Financial Planning shortly thereafter. He has learned, and more importantly believes, that everyone is different when it comes to helping people make their personal financial decisions. “While it may appear initially that many clients are alike, in fact it is rare when people decide, learn, react, and communicate in similar ways when it comes to financial issues and concerns related to their personal financial matters. Some clients know exactly what they want – get out of their way…some want help in understanding the basics. I have many clients who are more visual in how they absorb information and make decisions, others who prefer spreadsheets, and even others who want me to make their decisions…which I won’t do. My job is to help them make their decisions, not make their decisions for them.”

Rick is married, has 1 daughter, and has resided in La Plata, MD since 1998 and southern Maryland since 1991. He has, in the past, been on the board of the Kiwanis Club of La Plata and on the board of Christ Church Day School and was a soccer coach in the LPYSA soccer association for over 5 years. In addition, Rick enjoys golf, travelling, and finding interesting antiques and restaurants…particularly in his family’s adopted city of Charleston, SC…where his daughter attends college.

Rick Hoy

Life Relevant Financial Advice

My objective as your Wealthcare advisor is to inspire and guide you toward pursuing the life of your dreams. I will help you explore your highest aspirations and imagine the life you may have never thought possible before. And together, we’ll create your personal “Financial Strategies” plan.

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Why Wealthcare?

Established in 1999, Wealthcare Capital Management (Wealthcare) is a very different kind of a financial advisory firm. We pioneered a new way of providing financial life guidance, using Goals-Based Wealth Management. The cornerstone of our patented goals-based investing process is quite simply to help our clients, above all else, to make the most of their life.

We accomplish this by helping you understand and identify your most important life goals. And then we align your investments with those goals. Our process guides you through the myriad of changes in your life that will invariably require financial decisions. This is what we refer to as Financial Guidance for Life.

At Wealthcare, we measure our success in our clients’ fulfillment — one client at a time.

With our goals-driven investing approach, you will:

  • Have your personal goals in complete alignment with your investments.
  • Always know where you stand and we’ll present your progress reports in “plain” English.
  • Have confidence in your ability to reach your goals, independent of market fluctuations and changing life circumstances.



Financial Planners
GDX360 Wheel
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Our Process

Wealthcare’s patented process is designed to help you reach your life goals, while minimizing unnecessary investment risk or needlessly sacrificing your life now.

Our process is dynamic and continual, as is life, and it will guide you through the entirety of your financial life.

MOST IMPORTANTLY, THE WEALTHCARE PROCESS IS YOU- DRIVEN. NOT MARKET DRIVEN. IT’S POWERFULLY SIMPLE. IT’S REFRESHINGLY CLEAR.

And it all STARTS WITH A GREAT CONVERSATION

A conversation that helps you to visualize your most important life goals

 

Dream Big

Do you like to travel? How will you pay for your children’s education? What exactly does “comfortable” retirement look like to you? You’ll cover these topics — and more — during our initial conversation.

We’ll use this conversation as a launching pad for creating your financial life plan. My objective as your Wealthcare advisor is to inspire and guide you toward pursuing the life of your dreams. I will help you define your life goals, and most importantly, will guide you toward achieving them.

But this is just a beginning. Wealthcare’s financial plan is not a “set it and forget it” tool. It’s a dynamic financial guidance system that evolves as your circumstances and financial markets change. I will continually monitor your plan against your changing life events and your investment portfolio, keeping the two in sync. Our software runs sophisticated market simulations, designed to monitor, measure and track your progress and report back to you with clarity.

Your Comfort Zone®

You will have confidence in your financial life plan because I will be constantly performing analytics in an effort to ensure your success. At Wealthcare, we call this being in the Comfort Zone. The Comfort Zone measures the probability of reaching your financial goals. And it also alerts you if you veer off course.


John & Ann's Confidence Level is 85%

Overfunded

Comfort Zone®

Underfunded

  • $1,000,000
  • $800,000
  • $600,000
  • $400,000
  • $200,000

Net Worth $

  • 2016
  • 2020
  • 2025
  • 2030
  • 2035
  • 2040
  • 2045
  • 2050
  • 2055
  • 2060

John's Age

  • 36
  • 40
  • 45
  • 50
  • 55
  • 60
  • 65
  • 70
  • 75
  • 80

Ann's Age

  • 34
  • 38
  • 43
  • 48
  • 53
  • 58
  • 63
  • 68
  • 73
  • 78
  • Savings Goal
  • Life Goal
  • Educational Goal
  • Retirement Goal
  • Retirement Income Goal

Click on a goal to see more

Comfort Zone Example Chart

This chart is for illustrative purposes only.

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Stay on Course

The Wealthcare process is YOU-driven, not market-driven. As your circumstances, goals and priorities change, I will work with you to make appropriate adjustments. Whatever life events come your way — from expanding your family to buying a vacation home — I will monitor and measure each event against its financial impact on your plan.








 
 

Enjoy a Fulfilling Life Now

At Wealthcare, we don’t believe you should make unnecessary sacrifices in life, or take unnecessary risk.


What if you could: Spend more. Save less. Retire earlier. Or take less investment risk?

With the Wealthcare advising process we can explore these possibilities. When your plan is inside the Comfort Zone, you can be confident you will arrive at your desired financial destination. Our singular purpose is to help you make the most of your life.

  • The Wealthcare process addresses your financial needs AND your dreams
  • It shows how to make smart trade-offs among your different and often competing priorities
  • It helps you achieve a unique personal balance

Learn More About Wealthcare


What's Wealthcare?

Discover what you can expect from the Wealthcare process.

Learn More

Life + Investing

Living well...investing well... In the Wealthcare process, it’s all one and the same.

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It All Starts with a Great Conversation

A conversation that helps you visualize your most important goals and helps your advisor create a life plan for achieving those goals.

Learn More

What is Comfort Zone?

Central to the Wealthcare GDX360 process is the Comfort Zone®, produced by our patented financial planning technology.

Learn More

Contact

Ready to start the conversation? Contact me at 240-270-4300 to schedule an appointment.


Rick Hoy
1021 Wiltshire Drive, La Plata, MD, USA

Phone: 240-270-4300
Email: rick.hoy@finpointwm.com

Strategic Partnerships

Wealthcare Advisory Partners LLC (WCAP) has developed strategic relationships with several firms in order to provide a full investment management experience for our advisors and clients. The key firms in our investment process and their relationship with WCAP are described below:

LPL Financial

strategic-partnerships-collage

LPL Financial LLC (LPL) is a FINRA-regulated full-service broker-dealer which provides brokerage services to WCAP advisors. Most of WCAP's advisors are also securities registered with LPL. LPL offers a full range of securities products and services, as well as insurance products and services which are made available to WCAP clients through our common financial advisors.

LPL also provides custody and clearing for WCAP's Advisory accounts.

Wealthcare Capital Management

Wealthcare Capital Management LLC (WCM) is contractually engaged by WCAP to provide financial planning, discretionary investment management and non-discretionary advisory services to WCAP clients. The financial planning process WCAP uses was developed by WCM, and WCM manages and runs the planning department and technology that WCAP uses today.

WCM is an Investment Advisory firm registered with the Securities and Exchange Commission and manages over $1.3 Billion.

WCM also provides WCAP administrative, corporate financial, accounting and legal services under contract to WCAP to facilitate the running of WCAP's business.

While WCM and WCAP have some common corporate management and staff, they are separate and distinct legal entities with their own ownership structure.

WCAP and WCM are Investment Advisors registered with the Securities and Exchange Commission. Securities offered through LPL Financial, Member FINRA/SIPC.

LPL is not otherwise affiliated with WCAP or WCM. There is no common control or ownership, and LPL is a separate legal entity.