The Appleton financial advisor who works with you in the coming years will help you define your objectives so that you can achieve success. Whether you define "success" as buying your first home, increasing your net worth or embracing an independent lifestyle in retirement, a professional WI advisor can show you how to meet those landmarks. When you work with an Appleton financial advisor, the path you need to take to reach your savings and investment objectives can seem more clear.
Living in Appleton, WI, you may work for one of the city's thriving medical centers or educational institutions. Appleton also has a busy tourist industry, showcasing prominent residents of the past and beautiful historic buildings. Paper production was once the crux of the city's economy, but Appleton has since branched out to diversify its interests. This region of Wisconsin provides a stable, secure place to raise your family, advance your career and build your assets with the help of an Appleton financial advisor.
Having access to the internet at home or work makes it easy to connect with an Appleton financial advisor in your area. Before you interview any advisors in person, you can contact consultants whose training and expertise correspond with your personal objectives. By interacting with Wisconsin financial professionals online, you have the opportunity to learn more about their background, education and interests before you take the time to prepare for an initial consultation.
If you already have clearly defined goals for the future, take any relevant documentation to your first meeting with an Appleton financial advisor. A potential advisor may be interested in seeing tax returns, retirement account statements, budgets or business plans. Make a list of your goals -- sending children to college, investing more heavily in the stock market, writing a will and planning your estate -- before you meet with a financial advisor for the first time.
When you get together with an Appleton advisor, ask him or her about education, training and special certifications or licenses that he or she may hold. Fee schedules, commissions and professional affiliations are also very important. If a financial advisor charges on a commission-only basis, he or she may have a strong interest in selling you savings or investment products whether or not they further your goals. Ask your co-workers or friends for feedback on financial advisors in Appleton before you make a commitment to working with a professional consultant.
When you begin working with an Appleton financial advisor, he or she will collect information from you about your goals for the future, your accomplishments in the past, your current assets and liabilities. If you hope to build funds to cover the costs of parenthood, you may need to focus on liquid savings accounts to provide for emergencies, life insurance protection and educational savings plans. Retirement planning typically involves opening a 401k, IRA or Roth IRA for tax-advantaged contributions.
Saving money for college tuition is a concern among many Wisconsin families. Talk with an Appleton financial advisor about how you can save money for the future costs of tuition through an educational savings plan, or ESP. With a state-sponsored prepaid tuition plan, the funds you accumulate are guaranteed to keep up with the costs of inflation. When your child is ready to enroll in a state university or college, he or she will have the necessary resources to pursue an academic degree.
When you're a young parent, it may be hard to think about writing a will, completing an advance directive or naming a proxy to act on your behalf if you become incapacitated. However, these are important aspects of estate planning. In order to ensure that your assets are managed according to your wishes after your death, talk with your Appleton financial advisor about making the necessary arrangements. Securing adequate life insurance is another key responsibility in protecting your family's financial stability after you're gone.
These days, advisors have a strong presence on the internet. It's easy and convenient to contact an expert in your area whose knowledge and experience can further your family's plans. Ask any prospective candidates about their experiences working in your community, how long they've been consulting in your part of the state and how they foresee their future.
The working relationship that you build with an Appleton financial advisor can last a lifetime. Devote some time to exploring online resources and gathering information so that you can make a decision that benefits your whole family. Having an expert on your side can help you and your children achieve your desired milestones. When you're ready to take the first steps toward retirement, you'll appreciate having the guidance of an expert to show you how to continue maximizing your savings in your senior years.
Our specialists will conduct a custom search to find local planners and advisors who meet your specific requirements.
"Unless you already know about working with an advisor, it can be hard to figure out which one to go with. This site helped me decide on the type of advisor that was right for me and my financial situation. Thanks!"
Randy S, Green Bay WI
James McGlone, CFP®, MSFS
Kerntke Otto McGlone Wealth Management Group3701 East Evergreen Drive
Appleton, WI 54913