All Financial Advisors

All financial advisors aren't equal, nor to do they all offer the same pricing on services. Therefore, you should do some research and request online cost quotes from several options before finalizing your selection among the available advisors. Here are a few common financial areas a local financial advisor can assist with as well as how you can tell if an investment advisor is experienced and providing the best advice.

Planning For Retirement

Although you may love where you work, you likely don't want to work for the remainder of your life. If you want to someday retire, then you really must begin planning for retirement now. The best way to begin this process is to hire a certified financial planning advisor to help with the decisions that must be made to correctly set up the retirement accounts. All financial advisors that you consider hiring should hold vast knowledge on the available retirement accounts options to correctly assist with the retirement planning process.

All advisors with experience assisting clients with retirement planning are familiar with Roth IRA, traditional IRA, and 401k plans. These are the top types of retirement accounts and are very powerful tools to use in building nest eggs. 401k plans are typically offered by employers to their employees so if you work for a company, you are probably already contributing to this type of plan. Even if you are already putting money into a 401k, you can still open an IRA account and this is actually recommended by top advisors.

Eliminating Debt

All financial advisors who have been working for awhile have likely helped clients in the debt elimination process. Many people accumulate debt for various reasons including unexpected medical costs and job losses. Although you aren't the only one that is currently in debt, when you are trying to pay back the bills you owe, you may often feel alone. The best way to get assistance in debt recovery is to find a local financial advisor that specializes in debt elimination.

All financial advisors who specialize in debt elimination will have ideas on how you can begin paying more on the bills you owe. This process can include anything from cutting out unnecessary spending to finding other income sources to earn more money for paying back the bills. Hopefully by working with the finance expert and following all their advice, you will be able to pay back all the money you owe and never go into debt again. Once you pay back the bills, or even while you are paying them back, you will want to begin building an emergency fund, and all financial advisors strongly recommend that their clients do this.

An emergency fund is made of money that you put into a safe, high interest yielding savings account. Not all financial advisors give the same recommendation on how much should be saved in an emergency fund and your target amount will be based on several factors including income, expenses, and job stability. The finance expert you hire will help you determine the target amount for the fund. You should only use the cash within this account for extreme emergencies such as a job loss or medical expense. Hopefully by building this emergency fund, you will never have to deal with debt again.

Short Term Goals

During your life, you will have many short term goals that need financial backing to become a reality. These goals can include anything from planning for parenthood to buying a home. If your first goal is to buy a home, this is likely going to be one of the biggest financial decisions you ever make. All financial advisors usually have experience with helping clients save for a home purchase because this is a goal many people share. Many people also want to become parents and seek the help of experts to properly save for their children's futures. One of the biggest savings plans you will likely develop for your child's future is saving for their college education and all financial advisors can help with this plan as well.

Finding An Expert

Although you may know which of all the life goals you want help from advisors in planning, you may not be sure how to find the best ones at a price you can afford. The best method of searching for all advisors is to request quotes online. This method is simple, fast, and extremely effective because you can have a list of local advisors in little time. Once you receive the quotes, you can further research each option to determine which services they offer and how much experience they have. All financial advisors don't offer the same services nor have the same areas of expertise. Therefore, you want to first know the services you require then find a specialist for those areas.

Find a Financial Advisor

Find an Advisor

Financial Advice

We can help you find a financial advisor

Our specialists will conduct a custom search to find local planners and advisors who meet your specific requirements.

"There are lots of choices out there when it comes to financial advice, and it was honestly overwhelming - but this site helped me narrow my search down to only the most knowledgeable and affordable advisors around!"

Laura D, Boston MA