It's not easy to find the right financial adviser. Louisville, KY doesn’t need one. The three main factors that go into hiring a financial advisor are time, money and experience. It is difficult to manage finances. So it makes sense that you hire someone who is an expert in this field. Many top advisors have spent decades studying and passing exams in order become certified. These advisors might have certifications like the CFP and ChFC that validate their knowledge.
Coats Financial Planning
Stuart Coats founded Coats Financial Planning, Inc., which is located in Louisville, Kentucky. Stuart Coats, a CFP(r), is a registered financial advisor and NAPFA certified financial planner. He has over 30 years experience in finance and project management. He has two degrees from the University of Michigan-Dearborn in mechanical engineering. You might be wondering if Coats is the right fit for you. Read on to find out more about his qualifications and background.
Stegner Investment Associates
If you're in the market for a fee-only investment consultant in Louisville, Kentucky, consider the services of Stegner Investment Associates, Inc. Stegner Investment Associates, Inc. is an independent fee-only consultant that helps clients meet their investment goals. The clients include individuals with high net worth, retirement plans, endowments, as well as corporate organizations. Since 1994, the employee-owned company has been serving clients. Their fees are determined by the total value and assets under management.
The firm specializes working with individuals of high net worth. Stegner Investment Associates employs six financial advisors and helps individuals as well as organizations to achieve their financial goals. Currently, they manage more than $1.7 billion in assets for 702 accounts for their clients. These investment advisors specialize in concierge-style service, and have a proprietary process for choosing investment managers.
ACCESS Wealth Management
ACCESS Wealth Management, Inc., an investment advisory firm, is based out of Louisville, Kentucky. It currently manages $227.0million of assets under management, and 728 client account. The firm is considered to be in the middle of the financial advisory industry, but they don't hold broker-dealer licenses. The majority of their client assets are managed in a discretionary manner. This review is for those who are interested in ACCESS Wealth Management as their financial advisors in Louisville.
The firm's financial advisors have a high level of expertise and many years of experience in managing client assets. They focus on high net worth clients, including NASCAR champions, multi-platinum recording artists, and top executives at major companies. One of their clients includes the CEO of the world’s largest energy brokerage company. Their team includes 38 certified financial planning professionals, 23 certified public accountants and four chartered finance analysts. To be eligible for their services, clients must have at least $100,000 of investable assets.
Edelman Financial Engines
The Edelman Financial Engines Advisor Center in Louisville is a wealth management center that serves clients in Kentucky and Indiana. Prospect is the location of the office. They offer appointments Tuesday through Thursday. Saturday appointments can also be made. The advisors have experience in a variety of financial planning strategies. Edelman is a national leader in wealth management, and their Louisville location is well-equipped to service clients from the surrounding regions.
Edelman Financial Engines offers independent, fee-only investment planning and financial advisory services with over 150 offices in the United States. Its Louisville branch provides impartial advice to clients under a fiduciary responsibility. The firm is primarily focused on helping corporate clients to create retirement plans. However, they also offer services for individuals. Their website has more information. Contact Edelman Financial Engines if you have any questions.
FAQ
How to Start Your Search for a Wealth Management Service
If you are looking for a wealth management company, make sure it meets these criteria:
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Has a proven track record
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Locally based
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Consultations are free
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Provides ongoing support
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Is there a clear fee structure
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Has a good reputation
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It's easy to reach us
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Offers 24/7 customer care
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Offers a range of products
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Low charges
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No hidden fees
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Doesn't require large upfront deposits
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Has a clear plan for your finances
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Transparent approach to managing money
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Makes it easy to ask questions
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Does your current situation require a solid understanding
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Learn about your goals and targets
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Would you be open to working with me regularly?
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Works within your budget
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Have a solid understanding of the local marketplace
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Would you be willing to offer advice on how to modify your portfolio
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Is ready to help you set realistic goals
What is retirement plan?
Planning for retirement is an important aspect of financial planning. It allows you to plan for your future and ensures that you can live comfortably in retirement.
Planning for retirement involves considering all options, including saving money, investing in stocks, bonds, life insurance, and tax-advantaged accounts.
What are the best ways to build wealth?
It's important to create an environment where everyone can succeed. You don't need to look for the money. If you aren't careful, you will spend your time searching for ways to make more money than creating wealth.
You also want to avoid getting into debt. It is tempting to borrow, but you must repay your debts as soon as possible.
You are setting yourself up for failure if your income isn't enough to pay for your living expenses. You will also lose any savings for retirement if you fail.
Therefore, it is essential that you are able to afford enough money to live comfortably before you start accumulating money.
Statistics
- According to Indeed, the average salary for a wealth manager in the United States in 2022 was $79,395.6 (investopedia.com)
- US resident who opens a new IBKR Pro individual or joint account receives a 0.25% rate reduction on margin loans. (nerdwallet.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 of 2020, it is estimated that the wealth management industry had an AUM of upwards of $112 trillion globally. (investopedia.com)
External Links
How To
How to invest once you're retired
People retire with enough money to live comfortably and not work when they are done. But how can they invest that money? While the most popular way to invest it is in savings accounts, there are many other options. You could sell your house, and use the money to purchase shares in companies you believe are likely to increase in value. Or you could take out life insurance and leave it to your children or grandchildren.
If you want your retirement fund to last longer, you might consider investing in real estate. The price of property tends to rise over time so you may get a good return on investment if your home is purchased now. You could also consider buying gold coins, if inflation concerns you. They don’t lose value as other assets, so they are less likely fall in value when there is economic uncertainty.