Finding A Financial Advisor Through Wealthminder
Historically finding and hiring a financial advisor was hard. Wealthminder was built to make the process much easier.
The best way to use Wealthminder is to take advantage of our free proposal system.All you have to do is take a few minutes of your time to describe your situation and the assistance you are looking for.
Wealthminder then sends your request to our network ofprescreened financial advisors.If a financial advisor is interested in your business, they will submit a proposal to you.
You review the proposals you receive and decide if youd like to have a follow-up call with one or more of the financial advisors.
Throughout the process, you maintain control. We only share your contact information with a financial advisor once you ask for an introduction.
What Does A Financial Advisor Do
Financial advisors help their client by providing financialadvice and strategy to build wealth and eliminate risk. Theyassess the client’s risk appetite, their unique needs andrequirements, their short-term and long-term goals and guidethem towards adopting the right financial plan, retirementplan, estate plan or education plan etc. as necessary. Learnmore about the roles& benefits of a financial advisor.
Does Retirement Planners Of America Offer Products That Have Performance
When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. While this may seem like an attractive compensation structure to ensure your advisor is making your money work for you, often, the managers of those products are incentivized to take inappropriate risks to beat their performance benchmark. For instance, research has shown that mutual funds that use incentive fees take on more risk that funds that do not, and tend to double down and increase their risk following a poor performance. This could be detrimental to a client during down markets.
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What Happens When You Dont Have A Digital Estate Or Legacy Plan
You have a safe, but no one knows what happened to the sticky note with the code.
The photos you keep on your phone or computer theyre inaccessible without your login information.
And when it comes to accessing your password-protected financial and subscription accounts, your family is left with a guessing game.
Even worse, your digital accounts are at risk by cyber criminals who target the deceased.
Settling your estate without all the pieces can be cumbersome and expensive. Help your family connect the dots with a digital estate and legacy plan from Final Security. Its a simple and affordable way to protect your loved ones from burden, while ensuring your final wishes and assets are seamlessly transferred to beneficiaries.
Lifetime protection for your family in 5 minutes.
“I built Final Security for my family, and yours. I invite you to learn more about why I started the company, and how we will help you and your family when you need it the most.”
-Christopher W. Huziak, CEO & Founder, Final Security
Moss Luse & Womble Background
Though registered with the SEC in 2019, Moss, Luse & Womble has been around since 2010. Its owners are Jeffrey Moss, Jason Luse and Michael Womble through their respective limited liability companies.
Working primarily with non-high-net-worth individuals, advisors provide the following services:
The Watchman Group is a fee-only firm that serves individuals and high-net-worth individuals, as well as charitable organizations and corporations. Unlike many of the firms on this list, The Watchman Group does require an account minimum. To be a client of this firm, you’ll need a minimum of $1 million in investable assets and pay $5,000 a year in annual fees.
The Watchman Group is on the smaller side compared to many of the other firms. It has one certified financial planner , one chartered financial analyst and two certified public accountants on its team.
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What Is The Historical Performance Of Retirement Planners Of America
Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. Financial plans and investment portfolios are always unique to the client’s personal financial situation.
Lifeway Financial Corporation Investment Strategy
Lifeway Financial Corporation believes that the investment management process should be guided by client objectives, preferences and constraints. It believes this information is best obtained through a recurring, comprehensive financial planning process, one of the firm’s fundamental services.
Like many financial advisor firms, Lifeway Financial Corporation espouses a long-term investment approach and asset diversification within interdependent asset classes. The firm strives to achieve a balance between risk and return while staying true to clients’ objectives. Clients objectives dictate the balance between income and growth assets in their portfolios.
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Stowe Financial Planning Investment Strategy
Stowe Financial provides personalized and ongoing financial planning and investment management to individuals and businesses. Investment management is based on a comprehensive interview with the client, and investment strategies are based on a combination of charting, fundamental, technical analysis and cyclical analysis.
Investments are mainly passive and/or indexed. Stowe Financial believes that active management and timing are mostly counterproductive, and the firm prides itself on mostly relying on low-cost mutual funds. Other investment strategies may include long-term and short-term purchases, trading, short sales, margin transactions and option writing.
Where Is Retirement Planners Of America Headquartered Which States Do Its Financial Advisors Serve
Retirement Planners OF America is headquartered in Plano, TX and currently serves in 41 states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin.
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Retirement Planners Of America Investing Strategy
The firm’s namesake and senior advisor Ken Moraif has published a book titled “Buy, Hold and Sell!” In this book, Moraif explains why the “buy and hold investment philosophy” is incomplete. Instead, Moraif advocates for investors having a “proactive plan that includes a sell strategy” so their retirement plans aren’t devastated during a bear market. These beliefs largely inform the firms investing strategy.
However, the firm works with individual clients to determine an appropriate investment strategy and asset allocation model. The firm allocates clients’ assets based on their investment strategy, goal or model, and they are free to adjust their asset allocations. Typically, Retirement Planners of America recommends mutual funds, variable annuities and fixed annuities.
Once a client’s portfolio has been created, the firm will monitor the portfolio and rebalance it at least quarterly.
How Do I Know If My Financial Advisor Is A Fiduciary
A fiduciary is any person or firm who acts on behalf of anotherindividual or firm to manage their assets. Fiduciary financialadvisors provide their client the highest quality of care whilemaintaining ‘good faith’, meaning they wouldn’t act in favor ofanyone else’s interests, including their own. The best way tobe certain that a financial advisor is a fiduciary is to simplyask. Learn more aboutwhat is a fiduciary financial advisor.
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Retirement Planners Of America Awards And Recognition
As mentioned earlier, the firm has been one of Barron’s “Top 100 Independent Wealth Advisors” for eight years running, from 2012 to 2019.
Additionally, the Better Business Bureau has rated it an A+.
In 2019, Financial Times named Retirement Planners of America a “Top 300 Advisor.”
Also that year, the firm was on Inc.’s “5000 Fastest-Growing Private Companies” list.
Additionally in 2019, the practice placed #68 on Financial Advisor magazine’s “Top 100 Registered Investment Advisors” list.
Fees Under Retirement Planners Of America
Retirement Planners of America has a simple fee schedule, charging an annual fee of generally 1.25% of clients’ assets under management. This fee may be higher under certain circumstances or negotiated lower at the firm’s discretion. Annual fees are payable on a quarterly basis, in arrears. The firm does not charge performance-based fees.
|*Estimated investment management fees do not include brokerage, custodial, mutual fund or other fees, which can vary in amount.|
|Estimated Investment Management Fees at Retirement Planners of America*|
At 1.25%, Retirement Planners’ investment management fee is higher than the industry average of 0.95%, according to a 2018 study of 1,500 firms by RIA in a Box. Learn more about advisors’ typical costs here.
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How Do I Choose The Right Financial Advisor
While choosing a financial planner to help you with yourinvestment decisions, it’s important to do some spadework. Meetdifferent consultants and compare and contrast their advice.Pick up clues that demonstrate their experience and integrity.It is also important to verify the credentials of anindependent financial planner before making a decision. Readthe guide on choosingthe best financial advisor.
Do You Know What Happens To Your Digital Life Once You’re Gone
Technology has changed our world, and we need to expand our estates to account for our digital lives, our digital death and our digital legacy.
Digital assets, devices and our digital footprint all carry new responsibilities that we need to account for to ensure we are protecting our loved ones and our legacy.
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Stowe Financial Planning Background
Stowe Financial Planning has been in business since 2001. Founding principal Bob Stowe is a member of the National Association of Personal Financial Advisors, an organization that requires its members to be fee-only. He is also a member of the Financial Planning Association and has served on the Board of Directors for its Dallas Fort Worth Chapter.
Not Sure Which Advisor Is Right For You Use Our Matching Tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Based on that information, we match you with financial advisors near you who suit your needs. Our matching tool has connected more individuals with financial advisors than any other service in the U.S.
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Retirement Planners Of America Investment Philosophy
Retirement Planners of America looks to develop relationships with all its clients in order to help them meet their individual investment goals. The firm manages portfolios on a discretionary basis, but clients have significant input and can, to a certain extent, direct portfolio allocation as they see fit.
Advisors look to cut down risk and volatility by rebalancing portfolios at least once a quarter. A range of asset classes are recommended, but the firm tends to focus on mutual funds, variable annuities and other asset classes that are geared towards retirement. These mutual funds often invest in various stocks and bonds, but the firm may choose those that invest in other securities as well.
Find An Advisor Who Will Work Directly With You
Sometimes a big firm may not be able to give you the one-on-one service that you need. That’s where we come in to help match you with great personal financial advisors.
Retirement Planners Of America does not have any disclosures.
Please visit its Form ADV for more details.
Retirement Planners Of America is registered in the following states:
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Lifeway Financial Corporation Background
Lifeway Financial Corporation was founded in 1999. David Brunson, Lifeway’s founder, president and chief compliance officer , is the firm’s principal owner.
The firm provides financial planning to most of its clients. Elements of its financial plans may include financial goals and objectives, financial statement analysis, cash flow and tax reports, education and retirement planning, estate and survivor planning, investment strategy and portfolio management. In addition to financial planning, the firm offers investment management and consultations.
Services Offered By Retirement Planners Of America
Retirement Planners of America offers portfolio management as well as several financial planning services, including retirement planning, estate planning, tax planning and long-term care planning. If clients so choose, it does offer discretionary investment services via a wrap-fee program. The firm also runs financial planning seminars.
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Is It Worth Paying For A Financial Advisor
Financial advisors strategize financial planning and help youmake the right decision about your investments. They weigh thepros and cons, and are abreast with the latest industry updatesregarding tax issues and investment vehicles. These valuableinsights guide you to make investments that meet your financialrequirements and goals such as buying a house, education,having a baby or securing your retirement. Learn more about thecost of a financial advisor?.
Strategic Financial Planning Investment Strategy
When you become a client of Strategic Financial Planning, you and your advisor will meet to discuss where you are in your financial journey and where you want to end up. To do this, the firm will go over your short- and long-term goals, risk tolerance, tax situation and time horizon.
Based on your goals and what you currently have, the firm will develop a financial and investment plan to fit your needs. Once your assets are invested, the firm will monitor how your portfolio is doing and make adjustments as necessary.
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The Watchman Group Background
The Watchman Group has been in business since 2004. The firm is principally owned by Mark Robinson, president and chief investment officer .
The Watchman Group’s financial planning services include retirement planning, income planning and tax planning. In addition, it may collaborate with its network of partners to provide services such as estate planning, tax preparation and life and disability insurance. The firm manages portfolios on a discretionary basis, and its portfolios are customized to meet each client’s needs, objectives and risk tolerance.
Retirement Planners Of America
Retirement Planners Of America is a financial advisory firm headquartered inPlano, TX.Theymanage $4,709,352,114 in 19,153 accounts andserve the financial needs of clients across 41 states .
- A percentage of assets under your management
Advisory Services Offered
- Portfolio management for individuals and/or small businesses
AK, AL, AR, AZ, CA, CO, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI
Douglas Bartol is an Investment Advisor Representative working atRetirement Planners Of America in Plano, TX and has over 34 yearsof experience in the finance industry.Douglas Bartol has taken additional exams to become a Certified Financial Planner . CFP professionals must pass the comprehensive CFP Certification Examination,pass CFP Board’s Fitness Standards for Candidates and Registrants, agree to abide by CFP Board’s Code of Ethics and Professional Responsibility and Rules of Conduct which putclients’ interests first and comply with the Financial Planning Practice Standards.
John Broderick is an Investment Advisor Representative working atRetirement Planners Of America in Plano, TX and has over 6 yearsof experience in the finance industry.
Terry Bussard is an Investment Advisor Representative working atRetirement Planners Of America in Plano, TX and has over 35 yearsof experience in the finance industry.
How Do I Choose A Financial Planner For Retirement
Finding the right person or a financial advisory firm to helpwith your retirement planning might take some effort, but theeffort is worth it. Financial advisors might have differentspecializations, look for one who has had past experience inretirement planning. Also, this could translate to a long -term relationship, so it’s important to find someone whom youlike, trust and respect. Read here theimportance of retirement planning.
What Is The Difference Between A Financial Planner Anda Financial Advisor
A financial advisor is any person who helps their client managetheir money by giving valuable investment insights to helpfinancial decision making. A financial planner is also afinancial advisor but specializes in creating comprehensiveplans for their clients to match their specific goals. Learnmore aboutfinancial advisor vs financial planner: Who do you need?
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Wealthstar Advisors Investing Approach
WealthStar Advisors’ portfolio management services, offered through a wrap program that it sponsors, are based on each client’s goals, objectives, time horizon and risk tolerance. The firm’s investment strategies are tailored to these factors and it may include equity substitution strategy, margin transactions, short-term trading, short sales and options writing.
Clients have the option of imposing any reasonable restrictions on their portfolios. The firm sends reports to clients on a quarterly basis and contacts clients at least once a year to determine if there have been any changes in their financial circumstances, objectives or risk tolerance.
Insight Wealth Partners Portfolio Management
Insight Wealth Partners offers two different types of portfolio management: traditional portfolio management and synthetic portfolio management. Its investment strategy for its traditional portfolios is based on modern portfolio theory, with an emphasis on strategic and tactical asset allocation. The firm says that its synthetic equity strategy attempts to “mirror the upside momentum of the major market indices while preserving the downside risk exposure by using a heavily weighted fixed-income portfolio combined with advanced options strategies such as puts, calls and leaps.”
Both portfolio types will be tailored according to clients’ investing goals. Insight Wealth Partners relies on its exploratory financial planning process to uncover its clients’ goals and needs. The firm regularly reviews its clients’ portfolios once theyve been implemented and rebalances as necessary.
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