It can be difficult to find the right financial advisor. Louisville, KY does not have to have one. The three main factors that go into hiring a financial advisor are time, money and experience. Managing finances isn't an easy job, so it makes sense to hire someone who specializes in this field. Numerous top advisors have spent a lot of time studying and passing exams to get certified. Some advisors may hold certifications, such as the CFP (or ChFC), which validates their expertise.
Coats Financial Planning
Stuart Coats founded Coats Financial Planning, Inc. in Louisville, Kentucky. Stuart is a CFP(r), certified financial planner, and NAPFA registered financial advisor. He has more 30 years of experience in project and finance management. He holds two mechanical engineering degrees from the University of Michigan. Continue reading to learn more about Coats’ qualifications and past.
Stegner Investment Associates
Stegner Investment Associates, Inc. might be the right choice for you if your search is for a fee only investment consultant in Louisville, Kentucky. This independent, fee-only advisor helps clients achieve their investment objectives and goals. Clients include high-net-worth individuals, retirement plans, endowments, and corporate organizations. Since 1994, the employee-owned company has been serving clients. Their fees are determined by the total value and assets under management.
The firm specializes on working with high-net worth individuals. Stegner Investment Associates has six financial advisors to assist individuals and companies in achieving their financial goals. Their current assets include more than $1.7 billion for 702 accounts. These investment advisors specialize in concierge-style service, and have a proprietary process for choosing investment managers.
ACCESS Wealth Administration
ACCESS Wealth Management, Inc. is an investment advisory firm based in Louisville, Kentucky. It currently manages $227.0million of assets under management, and 728 client account. Although they are in the middle-tier of financial advisory companies, they do not have broker-dealer licensures. The majority of their client assets are managed in a discretionary manner. Consider this review if you are thinking of ACCESS Wealth Management for your financial advisors Louisville, Kentucky.
Financial advisors for this firm are highly qualified with many years of management experience. They work with high net worth clients including NASCAR champions, multiplatinum recording artists and top executives from major companies. Their client is one of the top energy brokerage firms in the world. The team includes 38 certified financial planners and 23 certified public accountants. Four chartered financial analysts are also part of the group. To be eligible for their services, clients must have at least $100,000 of investable assets.
Edelman Financial Engines
The Edelman Financial Engines Advisor Center Louisville serves clients in Kentucky as well as Indiana. Prospect's office offers appointments on Tuesday and Thursday evenings. Saturday appointments are also possible. They have extensive experience with many financial planning strategies. Edelman is one of the top wealth management firms in the nation, and their Louisville office is well-equipped to serve clients from the surrounding areas.
Edelman Financial Engines is a national independent investment advisory and financial planning firm that charges a flat fee. There are 150 offices around the country. Its Louisville office offers clients impartial advice in compliance with a fiduciary obligation. Although the firm's primary focus is on helping corporations create retirement plans, it also provides services to individuals. Visit their website to find out more. And be sure to contact an Edelman Financial Engines financial advisor if you have questions.
FAQ
How old do I have to start wealth-management?
The best time to start Wealth Management is when you are young enough to enjoy the fruits of your labor but not too young to have lost touch with reality.
The sooner that you start investing, you'll be able to make more money over the course your entire life.
If you're planning on having children, you might also consider starting your journey early.
You could find yourself living off savings for your whole life if it is too late in life.
How to Beat Inflation by Savings
Inflation refers to the increase in prices for goods and services caused by increases in demand and decreases of supply. Since the Industrial Revolution, when people began saving money, inflation has been a problem. The government controls inflation by raising interest rates and printing new currency (inflation). However, there are ways to beat inflation without having to save your money.
For example, you can invest in foreign markets where inflation isn't nearly as big a factor. You can also invest in precious metals. Two examples of "real investments" are gold and silver, whose prices rise regardless of the dollar's decline. Investors who are worried about inflation will also benefit from precious metals.
Where can you start your search to find a wealth management company?
If you are looking for a wealth management company, make sure it meets these criteria:
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Reputation for excellence
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Is based locally
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Free consultations
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Offers support throughout the year
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Is there a clear fee structure
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A good reputation
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It's easy to reach us
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Support available 24/7
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Offers a range of products
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Charges low fees
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Hidden fees not charged
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Doesn't require large upfront deposits
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You should have a clear plan to manage your finances
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Is transparent in how you manage your money
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Makes it easy for you to ask questions
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Has a strong understanding of your current situation
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Learn about your goals and targets
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Would you be open to working with me regularly?
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Work within your budget
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Does a thorough understanding of local markets
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We are willing to offer our advice and suggestions on how to improve your portfolio.
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Is willing to help you set realistic expectations
What is estate plan?
Estate Planning is the process that prepares for your death by creating an estate planning which includes documents such trusts, powers, wills, health care directives and more. These documents are necessary to protect your assets and ensure you can continue to manage them after you die.
What is wealth management?
Wealth Management is the art of managing money for individuals and families. It encompasses all aspects financial planning such as investing, insurance and tax.
Statistics
- If you are working with a private firm owned by an advisor, any advisory fees (generally around 1%) would go to the advisor. (nerdwallet.com)
- These rates generally reside somewhere around 1% of AUM annually, though rates usually drop as you invest more with the firm. (yahoo.com)
- According to Indeed, the average salary for a wealth manager in the United States in 2022 was $79,395.6 (investopedia.com)
- US resident who opens a new IBKR Pro individual or joint account receives a 0.25% rate reduction on margin loans. (nerdwallet.com)
External Links
How To
How to beat inflation with investments
Inflation will have an impact on your financial security. It has been observed that inflation is increasing steadily over the past few years. The rate of increase varies across countries. For example, India is facing a much higher inflation rate than China. This means that even though you may have saved money, your future income might not be sufficient. If you do not invest regularly, then you risk losing out on opportunities to earn more income. How do you deal with inflation?
Stocks are one way to beat inflation. Stocks can offer a high return on your investment (ROI). These funds can also help you buy gold, real estate and other assets that promise a higher return on investment. But there are some things that you must consider before investing in stocks.
First of all, you need to decide what type of stock market it is that you want. Do you prefer large-cap companies or small-cap ones? Then choose accordingly. Next, determine the nature or the market that you're entering. Are you interested in growth stocks? Or value stocks? Next, decide which type of stock market you are interested in. Learn about the risks associated with each stock market. There are many stocks on the stock market today. Some are dangerous, others are safer. Make wise choices.
If you are planning to invest in the stock market, make sure you take advice from experts. They can help you determine if you are making the right investment decision. Make sure to diversify your portfolio, especially if investing in the stock exchanges. Diversifying your investments increases your chance of making a decent income. You run the risk losing everything if you only invest in one company.
If you still need help, then you can always consult a financial advisor. These professionals will guide you through the process of investing in stocks. They will help ensure that you choose the right stock. They will help you decide when to exit the stock exchange, depending on your goals.