Why seek financial guidance?
Going through a major life change
Significant life events, marriage, divorce, birth, a job change, and retirement, can impact finances and lead to new planning opportunities. Financial education and hiring a financial advisor can help one navigate these changes, provide potential mediation, and save time and hassle. That's not to mention avoiding costly financial mistakes.
Developing a “complete” strategy
Everyone can benefit from planning, being tactical, respectfully parsing sensitive matters, and getting exposure to key planning topics and changes in the law. These and other benefits of our services are not limited to the wealthy. Multiple income streams, insurance decisions, when to take social security, and tax complexities can require ANY individual to require sound objective guidance.
Needing experienced advice
Most people have done just one financial plan - their own. A financial advisor's primary value is their experience working with many clients, seeing how strategies play out, and bringing that knowledge and expertise to the discussion. It is the professional's insight and experiences a client utilizes to help make informed decisions on consequential financial matters.
When assessing risk
We call it developing a "Total Risk Profile" or a risk tolerance spanning all accounts. It is the process of combining and coordinating multiple assessments, diversifying asset allocation, and rejecting overlap. The ultimate goal is to align identified planning objectives, personal preferences, and individual time horizons to optimize a portfolio achieving maximum return and taking as little risk as possible. However, it's important to note that risk is not limited to the stock market.