Investors with complex needs are increasingly seeking out independent advice—and one way to ensure you’re getting independent advice is to work with an independent financial advisor.
So what are 5 benefits of working with an independent financial advisor?
1. Customized guidance based on your entire financial picture: Independent advisors aren’t tied to any particular family of funds or investment products, so whether you need retirement planning, tax help, estate planning, or managing assets at multiple places, we have the freedom to choose from a wide range of options tailored to what’s best for you.
2. A relationship that’s responsive, attentive, and personal: To offer advice closely aligned with your goals, independent advisors build deep relationships with clients through regular, ongoing interactions. Because I’m an entrepreneurial business owner myself, I hold myself personally accountable to my clients.
3. A fee structure that is simple and transparent: Typically a percentage of assets managed—simple, transparent, and easy to understand, giving an advisor incentive to help grow your assets. Our firm never receives third-party compensation, meaning no commissions or kickbacks from vendors.
4. A high level of expertise to support your complex financial needs: Independent advisors help address the variety of complex needs that arise as wealth accumulates. Clients often think of us as their financial “quarterback.”
5. Your money is held by an independent custodian, not the advisor firm: We use Charles Schwab to hold client assets, providing a reassuring system of checks and balances—your money isn’t held by the same person advising you on how to invest it.
-Paul R. Rossi, CFA