There are several ways to find a good financial advisor in Charlotte, NC. There are many firms that specialize in specific areas such as retirement planning. Parsec Financial is one of these companies. Carroll Financial Associates, Colony Family Offices as well as the Ronald Blue Trust and Colony Family Offices all specialize in different areas. Compare their services and decide which one suits you best. These companies have a track record of success, so you can feel confident hiring them.
Parsec Financial
The team at Parsec Financial consists of a certified financial planner and a licensed attorney, Gregory D. James. He holds a Bachelor’s in accounting degree from Pennsylvania State University. Then he pursued his professional studies with the College for Financial Planning. Prior to joining Parsec he held various roles in the investment management sector, including as a senior accountant at Charles Schwab & Co., and as an accountant with DuPont Corporation. In addition to managing clients' finances, he also enjoys spending time at the beach with his family and sailing the Charleston Harbor.
Parsec Financial opened its first office in Charlotte, on the 18th floor at the Carillon Building on West Trade Street. In 2015, Parsec Financial was able to employ eight people full-time and had also moved to a new office just next door to its original location. The new space overlooks the Queen City skyline, Romare Beardon Park, and the Carolina Panther's Stadium. In addition to providing clients with the financial guidance they need, the company has many other services that are vital to their financial well-being.
Carroll Financial Associates
A Carroll Financial Associates financial advisor can help you achieve your investment goals by using a personalized investment strategy. Carroll Financial Associates financial advisors will take into consideration the client's time horizon, risk tolerance, as well as their desired investment strategy, before making any investment decisions. Financial advisors must communicate with clients their findings and make recommendations so they can make informed financial decisions. Carroll Financial Associates can offer services that range in price and scope, and could include retirement planning or estate planning.
Carroll Financial Associates is an investment management firm that has a strong presence in Charlotte, North Carolina. Larry Carroll started the business in 1980. They currently have three locations. A team of 39 financial professionals provides comprehensive financial planning services and investment management. They can help you reach your retirement goals, and they will make sure that you are getting the most out your money. The firm's philosophy is "Trust MattersTM," which stands for "trust matters."
Colony Family Offices
The Colony Family Offices, LLC, an advisory firm for multi-family families, is based out of Charlotte, North Carolina. It manages over $1.62 billion of regulatory assets for more that three hundred fifty clients. The firm provides financial planning services. It is a well-respected company. It serves Charlotte-area clients and also operates in Delaware, California. Colony Family Offices, LLC consists of experienced professionals who place client-first financial planning at the forefront.
To determine the unique position of a client, The Biltmore Family Office uses a combination quantitative and qualitative analysis. This includes determining how to allocate assets across actively managed accounts, exchange-traded funds, and direct securities. The firm is fee-only and requires a collective account balance of $10 million or more. The fee-only model is great for clients with substantial assets.
Ronald Blue Trust
Ronald Blue Trust financial consultants believe in applying both biblical wisdom as well as technical expertise to help their clients make informed financial decisions. Their guidance gives clients financial confidence and clarity. Clients can leave an indelible legacy with the support of their advisors. These are some of the advantages of working with advisors who have these attributes.
Hunter Pugh serves as the senior partner at Ronald Blue Trust. He is an expert on private wealth management. His team combines financial planning, asset and trust management to provide a comprehensive solution for clients. He began his career working in the banking industry in 1994 and opened the Charlotte location of the firm in 1994. He is a CERTIFIED FINANCIAL PLANNER(R), as well as a Certified Wealth Strategist (CWS).
FAQ
Do I need a retirement plan?
No. This is not a cost-free service. We offer free consultations, so that we can show what is possible and then you can decide whether you would like to pursue our services.
Who Can Help Me With My Retirement Planning?
Retirement planning can be a huge financial problem for many. You don't just need to save for yourself; you also need enough money to provide for your family and yourself throughout your life.
You should remember, when you decide how much money to save, that there are multiple ways to calculate it depending on the stage of your life.
For example, if you're married, then you'll need to take into account any joint savings as well as provide for your own personal spending requirements. If you're single, then you may want to think about how much you'd like to spend on yourself each month and use this figure to calculate how much you should put aside.
If you are working and wish to save now, you can set up a regular monthly pension contribution. Another option is to invest in shares and other investments which can provide long-term gains.
Talk to a financial advisor, wealth manager or wealth manager to learn more about these options.
How to Start Your Search for a Wealth Management Service
When searching for a wealth management service, look for one that meets the following criteria:
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Reputation for excellence
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Locally based
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Offers free initial consultations
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Supports you on an ongoing basis
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Has a clear fee structure
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A good reputation
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It is easy to contact
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We offer 24/7 customer service
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Offers a wide range of products
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Low fees
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No hidden fees
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Doesn't require large upfront deposits
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A clear plan for your finances
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A transparent approach to managing your finances
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Allows you to easily ask questions
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A solid understanding of your current situation
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Learn about your goals and targets
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Is willing to work with you regularly
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You can get the work done within your budget
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Has a good understanding of the local market
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Would you be willing to offer advice on how to modify your portfolio
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Is willing to help you set realistic expectations
Is it worth hiring a wealth manager
A wealth management service should help you make better decisions on how to invest your money. It should also advise what types of investments are best for you. This way you will have all the information necessary to make an informed decision.
However, there are many factors to consider before choosing to use a wealth manager. For example, do you trust the person or company offering you the service? Can they react quickly if things go wrong? Can they explain what they're doing in plain English?
How do you get started with Wealth Management
You must first decide what type of Wealth Management service is right for you. There are many Wealth Management services available, but most people fall under one of the following three categories.
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Investment Advisory Services- These professionals will help determine how much money and where to invest it. They also provide investment advice, including portfolio construction and asset allocation.
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Financial Planning Services – This professional will help you create a financial plan that takes into account your personal goals, objectives, as well as your personal situation. Based on their professional experience and expertise, they might recommend certain investments.
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Estate Planning Services: An experienced lawyer will advise you on the best way to protect your loved ones and yourself from any potential problems that may arise after you die.
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Ensure they are registered with FINRA (Financial Industry Regulatory Authority) before you hire a professional. If you do not feel comfortable working together, find someone who does.
How does wealth management work?
Wealth Management allows you to work with a professional to help you set goals, allocate resources and track progress towards reaching them.
In addition to helping you achieve your goals, wealth managers help you plan for the future, so you don't get caught by unexpected events.
You can also avoid costly errors by using them.
What are the advantages of wealth management?
Wealth management's main benefit is the ability to have financial services available at any time. You don't need to wait until retirement to save for your future. It also makes sense if you want to save money for a rainy day.
There are many ways you can put your savings to work for your best interests.
For instance, you could invest your money into shares or bonds to earn interest. You can also purchase property to increase your income.
A wealth manager will take care of your money if you choose to use them. This will allow you to relax and not worry about your investments.
Statistics
- These rates generally reside somewhere around 1% of AUM annually, though rates usually drop as you invest more with the firm. (yahoo.com)
- A recent survey of financial advisors finds the median advisory fee (up to $1 million AUM) is just around 1%.1 (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)
- According to Indeed, the average salary for a wealth manager in the United States in 2022 was $79,395.6 (investopedia.com)
External Links
How To
How do I become a Wealth advisor?
If you want to build your own career in the field of investing and financial services, then you should think about becoming a wealth advisor. This career has many possibilities and requires many skills. These are the qualities that will help you get a job. Wealth advisors have the main responsibility of providing advice to individuals who invest money and make financial decisions based on that advice.
The right training course is essential to become a wealth advisor. The course should cover topics such as personal finance and tax law. It also need to include legal aspects of investing management. Once you've completed the course successfully, your license can be applied to become a wealth advisor.
Here are some suggestions on how you can become a wealth manager:
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First, you must understand what a wealth adviser does.
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You should learn all the laws concerning the securities market.
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It is important to learn the basics of accounting, taxes and taxation.
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After completing your education you must pass exams and practice tests.
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Finally, you must register at the official website in the state you live.
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Apply for a Work License
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Give clients a business card.
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Start working!
Wealth advisors can expect to earn between $40k-60k a year.
The size and geographic location of the firm affects the salary. Therefore, you need to choose the best firm based upon your experience and qualifications to increase your earning potential.
In conclusion, wealth advisors are an important part of our economy. Everyone should be aware of their rights. Additionally, everyone should be aware of how to protect yourself from fraud and other illegal activities.