Financial advisors in Connecticut offer a variety of services, from long-term investing to retirement planning. A financial advisor should be able to understand your needs and how the local economy works. Then, consider your budget and the cost of living in the state before making a final choice. Using a financial advisor in Connecticut can help you achieve your financial goals and live comfortably.
Fierston Financial Group
Fierston Financial Group - a Connecticut-based investment advisory and investment management firm offers services to individuals and businesses. Fees are often based on fixed fees or a percentage from AUM. They use Indyfin to pair clients with the best match for their investment needs.
Investment advisers might charge performance-based or outperform an index fee. These fees might not be suitable for investors looking for a conservative investment strategy. In general, advisors who charge performance-based fees may take on more risk than other types of investment products, which can adversely affect their clients during a bear market.
CenterPointe Wealth Management
CenterPointe Wealth Management offers a variety of financial planning services. Financial advisors from CenterPointe Wealth Management will help you to achieve your life goals through the creation of a comprehensive financial plan, and the management of your investments. These services may include retirement planning and estate planning as well as planning for life-based events. Get in touch with CenterPointe Wealth Management to find out more about our services.
Hammond Iles Wealth Advisors
Hammond Iles Wealth Advisors is a financial advisory firm located in Wethersfield, Connecticut. The firm serves clients in 16 countries and manages assets in excess of $89.5 million. They offer investment management and tax planning services, as well as retirement planning and estate planning. The company currently has 9 financial advisors.
The firm provides services for high-networth individuals and retail investors. The firm currently has over 4100 and 181 client accounts. Its fee structure is based on the amount of assets the firm manages.
SKY Investment Group
SKY Investment Group, a Connecticut-based company that specializes in wealth administration, is located in Connecticut. The firm provides services to individuals and businesses of any size. The fees they charge are based on the percentage of assets they manage. The firm offers equity and fixed income strategies. Discounts for accounts valued over $4 million could be available to clients.
Eight financial advisors are employed by the firm to manage $763.6million in assets on behalf of 817 client accounts. Although it is not a registered broker/dealer, the firm is an independent advisor in investing. Indyfin helps match investors to the right financial advisor. Indyfin's online platform allows clients to review financial advisors and find the one that meets their needs.
FAQ
How to Begin Your Search for A Wealth Management Service
Look for the following criteria when searching for a wealth-management service:
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Reputation for excellence
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Is the company based locally
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Consultations are free
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Provides ongoing support
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A clear fee structure
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Has a good reputation
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It's simple to get in touch
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Customer care available 24 hours a day
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Offers a wide range of products
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Charges low fees
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There are no hidden fees
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Doesn't require large upfront deposits
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Make sure you have a clear plan in place for your finances
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Has a transparent approach to managing your money
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This makes it easy to ask questions
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Has a strong understanding of your current situation
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Understanding your goals and objectives
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Is open to regular collaboration
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Work within your budget
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A good knowledge of the local market
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Are you willing to give advice about how to improve your portfolio?
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Are you willing to set realistic expectations?
Do I need a retirement plan?
No. All of these services are free. We offer free consultations to show you the possibilities and you can then decide if you want to continue our services.
How to Beat Inflation with Savings
Inflation is the rising prices of goods or services as a result of increased demand and decreased supply. It has been a problem since the Industrial Revolution when people started saving money. The government manages inflation by increasing interest rates and printing more currency (inflation). However, there are ways to beat inflation without having to save your money.
For instance, foreign markets are a good option as they don't suffer from inflation. An alternative option is to make investments in precious metals. Gold and silver are two examples of "real" investments because their prices increase even though the dollar goes down. Investors who are concerned by inflation should also consider precious metals.
What is estate planning?
Estate Planning refers to the preparation for death through creating an estate plan. This plan includes documents such wills trusts powers of attorney, powers of attorney and health care directives. These documents will ensure that your assets are managed after your death.
Statistics
- A recent survey of financial advisors finds the median advisory fee (up to $1 million AUM) is just around 1%.1 (investopedia.com)
- These rates generally reside somewhere around 1% of AUM annually, though rates usually drop as you invest more with the firm. (yahoo.com)
- Newer, fully-automated Roboadvisor platforms intended as wealth management tools for ordinary individuals often charge far less than 1% per year of AUM and come with low minimum account balances to get started. (investopedia.com)
- As previously mentioned, according to a 2017 study, stocks were found to be a highly successful investment, with the rate of return averaging around seven percent. (fortunebuilders.com)
External Links
How To
How to beat inflation with investments
Inflation can be a major factor in your financial security. It has been observed that inflation is increasing steadily over the past few years. Different countries have different rates of inflation. India, for instance, has a much higher rate of inflation than China. This means that although you may have saved some money, it might not be enough for your future needs. You could lose out on income opportunities if you don’t invest regularly. How should you handle inflation?
Stocks can be a way to beat inflation. Stocks provide a good return-on-investment (ROI). You can also use these funds to buy gold, silver, real estate, or any other asset that promises a better ROI. You should be careful before you start investing in stocks.
First of all, you need to decide what type of stock market it is that you want. Do you prefer small-cap firms or large-cap corporations? Then choose accordingly. Next, determine the nature or the market that you're entering. Are you looking for growth stocks or values stocks? Next, decide which type of stock market you are interested in. Then, consider the risks associated to the stock market you select. There are many stocks on the stock market today. Some are risky; others are safe. Be wise.
You should seek the advice of experts before you invest in stocks. They can help you determine if you are making the right investment decision. If you are planning to invest in stock markets, diversify your portfolio. Diversifying will increase your chances of making a decent profit. If you invest only in one company, you risk losing everything.
You can always seek out a financial professional if you have any questions. These experts will help you navigate the process of investing. They will help you choose the best stock to invest in. You can also get advice from them on when you should exit the stock market depending on your goals.