There are many avenues to locate a reliable financial advisor in Charlotte. There are many firms who specialize in certain areas, like retirement planning. Parsec Financial and Carroll Financial Associates are some of these firms. Colony Family Offices and the Ronald Blue Trust are others. Compare their services to find the best one for you. These companies have a proven track record, so you can be confident in hiring them to work for your benefit.
Parsec Financial
The team at Parsec Financial consists of a certified financial planner and a licensed attorney, Gregory D. James. He graduated with a Bachelor of Science degree in accounting at Pennsylvania State University. He then went on to complete his professional studies at College for Financial Planning. Prior to joining Parsec he held various roles in the investment management sector, including as a senior accountant at Charles Schwab & Co., and as an accountant with DuPont Corporation. In addition to managing clients' finances, he also enjoys spending time at the beach with his family and sailing the Charleston Harbor.
Parsec Financial, which was established in 1999, expanded its reach to Charlotte and opened a new office on the 18th level of the Carillon Building at West Trade Street. In 2015, Parsec Financial had grown to eight employees and moved to a new location. The new space boasts expansive views of the Queen City skyline, the Carolina Panther's Stadium, and Romare Beardon Park. Apart from providing financial guidance, the company also offers many other services that can be vital to clients' financial health.
Carroll Financial Associates
Carroll Financial Associates can help you reach your investment goals through a customized investment strategy. Carroll Financial Associates' advisors consider the time horizon of clients, their risk tolerance, and their preferred investment strategy before making any investment decisions. A good financial advisor should be able to communicate his or her findings and recommendations to clients so that they can make informed decisions. Carroll Financial Associates can offer services that range in price and scope, and could include retirement planning or estate planning.
Carroll Financial Associates, a top investment management company in Charlotte, North Carolina is known as Carroll Financial Associates. Larry Carroll established the firm in 1980. There are three locations. A team of 39 financial professionals provides comprehensive financial planning services and investment management. They will help you reach your retirement goals and ensure you get the most out of your money. The firm's philosophy, "Trust MattersTM," stands for "trust matters."
Colony Family Offices
The Colony Family Offices, LLC, a multifamily advisory firm, is located in Charlotte, North Carolina. It manages over $1.62 billion of regulatory assets for more that three hundred fifty clients. It is a veteran firm that offers financial advisory services. The firm serves clients in Charlotte and California as well. Colony Family Offices, LLC is a team of experienced professionals that are focused on client-first financial plan.
The Biltmore Family Office combines quantitative and qualitative analyses to determine a client’s unique positioning. This includes determining how to allocate assets across actively managed accounts, exchange-traded funds, and direct securities. The firm charges a fee and requires an account balance of more than $10 million. Clients with substantial assets may find the fee-only model a good fit.
Ronald Blue Trust
A Ronald Blue Trust financial advisor believes in combining biblical wisdom with technical expertise to help clients make sound financial decisions. Their guidance gives clients financial confidence and clarity. With the support and guidance of their team, clients can leave behind a lasting legacy. These are some of the advantages of working with advisors who have these attributes.
Hunter Pugh works as the senior partner for Ronald Blue Trust. His expertise is in private wealth management. He and his team combine financial planning, asset management and trust services to create a comprehensive plan for clients. He started his career in banking and opened the Charlotte branch of the firm in 1994. He is a CERTIFIED FINANCIAL PLANNER(R) and Certified Wealth Strategist (CWS).
FAQ
Who can I trust with my retirement planning?
Retirement planning can prove to be an overwhelming financial challenge for many. You don't just need to save for yourself; you also need enough money to provide for your family and yourself throughout your life.
When deciding how much you want to save, the most important thing to remember is that there are many ways to calculate this amount depending on your life stage.
If you're married you'll need both to factor in your savings and provide for your individual spending needs. Singles may find it helpful to consider how much money you would like to spend each month on yourself and then use that figure to determine how much to save.
If you're currently working and want to start saving now, you could do this by setting up a regular monthly contribution into a pension scheme. It might be worth considering investing in shares, or other investments that provide long-term growth.
Contact a financial advisor to learn more or consult a wealth manager.
What is risk management in investment management?
Risk Management is the practice of managing risks by evaluating potential losses and taking appropriate actions to mitigate those losses. It involves the identification, measurement, monitoring, and control of risks.
Investment strategies must include risk management. The goal of risk management is to minimize the chance of loss and maximize investment return.
The key elements of risk management are;
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Identifying the risk factors
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Measuring and monitoring the risk
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How to reduce the risk
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How to manage the risk
What is retirement planning?
Retirement planning is an important part of financial planning. It helps you plan for the future, and allows you to enjoy retirement comfortably.
Retirement planning means looking at all the options that are available to you. These include saving money for retirement, investing stocks and bonds and using life insurance.
What is wealth administration?
Wealth Management involves the practice of managing money on behalf of individuals, families, or businesses. It encompasses all aspects financial planning such as investing, insurance and tax.
How to Begin Your Search for A Wealth Management Service
When searching for a wealth management service, look for one that meets the following criteria:
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Proven track record
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Is it based locally
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Consultations are free
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Offers support throughout the year
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Clear fee structure
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A good reputation
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It is easy to contact
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We offer 24/7 customer service
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A variety of products are available
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Low fees
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Hidden fees not charged
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Doesn't require large upfront deposits
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You should have a clear plan to manage your finances
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Has a transparent approach to managing your money
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Makes it easy to ask questions
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Has a strong understanding of your current situation
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Understand your goals & objectives
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Is willing to work with you regularly
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Work within your budget
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Does a thorough understanding of local markets
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Is willing to provide advice on how to make changes to your portfolio
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Is willing to help you set realistic expectations
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)
- As of 2020, it is estimated that the wealth management industry had an AUM of upwards of $112 trillion globally. (investopedia.com)
- According to a 2017 study, the average rate of return for real estate over a roughly 150-year period was around eight percent. (fortunebuilders.com)
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How To
How to invest once you're retired
After they retire, most people have enough money that they can live comfortably. How do they invest this money? There are many options. You could also sell your house to make a profit and buy shares in companies you believe will grow in value. Or you could take out life insurance and leave it to your children or grandchildren.
You can make your retirement money last longer by investing in property. If you invest in property now, you could see a great return on your money later. Property prices tend to go up over time. You might also consider buying gold coins if you are concerned about inflation. They don't lose their value like other assets, so it's less likely that they will fall in value during economic uncertainty.