CPA Financial Advisor

A CPA financial advisor has the knowledge and experience needed to assist with both personal and business financial matters. Whether you want to get your personal finance matters in order or need advice on starting a new business, a CPA financial advisor can assist you. Here are a few common personal and small venture topics an investment advisor can assist with as well as how you can find the best financial advisors at the best price.

Personal Finance Questions

A great deal of work must go into making sure your personal finance matters are in order. Having sound finances means more than just being able to pay the bills each month. Rather, having finances in order means, among other things, saving for retirement, building an emergency fund, and saving for major life goals.

One of the most important finance goals you should have is saving for retirement. Retirement planning is important because you will spend many years working and, therefore, you want to have as much money as possible to support you during the post working years. Additionally, the more money you save for retirement, the sooner you can stop working.

A CPA financial advisor can first help you decide which type of nest egg account is best for your situation. If you work for an employer, you are probably already familiar with the 401k option. This type of plan is usually offered by employers to their employees and can be a great way to begin building a nest egg. However, many people don't realize that they can open other retirement accounts in addition to a 401k. Opening additional accounts is recommended by certified financial advisors and more than one financial advisor website because the more you save, the more you will have in the post working years.

The other two most popular types of retirement accounts are traditional IRA plans and Roth IRA plans. The basic difference between these two accounts is you contribute cash pre-tax with the traditional version and after tax with the Roth version. The CPA financial advisor you meet with will be able to evaluate your situation to determine which type of account will be best for you. Additionally, the CPA expert will also be able to help determine how much you should begin contributing to the accounts and how the funds within those accounts should be allocated.

Finance planning doesn't stop with retirement accounts. You should also begin saving for major life goals such as buying a home. Purchasing a home is a great way to build assets and can provide the comfort you want during the adult years. Homes cost a great deal of money so the more you have saved, the less you will need to borrow with a mortgage. Another major life goal you likely hold is having children. Children will bring much joy to your life but you want to be sure you have enough money saved before entering into parenthood. Once the children are born, you will also want to begin building college education funds for them.

A CPA financial advisor will provide recommendations on the best ways to begin saving money for each of these life plans. The CPA advisor will know which types of savings accounts are best to help the money grow quickly while not exposing the funds to unnecessary risks. The last thing you want is to lose the money because it was in risky accounts.

Personal Business Assistance

If you have hopes to someday own a business, or are already in the process of building up a personal business, you will need the help of a CPA financial advisor to make sure all money matters are in order. The key to lasting and successful businesses is accurate finance tracking and proper saving. The CPA expert you meet with will have advise on how to best set up the company books and how to track all financial information. Additionally, the CPA financial advisor can help you begin saving money to buffer against any hard times the company may go through. The more planning you do at the outset of the business, the better off you will be in the future.

Finding An Advisor

Now that you know how a CPA financial advisor can assist with a wide range of personal and business finance areas, you are ready to begin searching for the best CPA advisor in your area. The best way to begin this search is to look online for CPA advisor options near you. You can also request cost quotes from various advisor options to determine which CPA expert you can afford to hire.

Once you have found a CPA financial advisor, you can begin working on achieving all personal and business financial goals. Once you have established the initial goals, you can return to the financial expert as new savings plans emerge.

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.

"I was unsure of how exactly to start meeting my goals for retirement, so I used this site to find an expert financial advisor. It took no time at all for me to get in touch with someone who could help me out. Thanks!"

Kevin A, Jacksonville FL