There are many methods to find a competent financial advisor near Charlotte, NC. There are many firms who specialize in certain areas, like retirement planning. Some of them are Parsec Financial, Carroll Financial Associates, Colony Family Offices, and the Ronald Blue Trust. Compare their services and decide which one suits you best. These companies have a proven track record, so you can be confident in hiring them to work for your benefit.
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 was a senior advisor at Charles Schwab & Co. as well as an accountant at DuPont Corporation. He enjoys time on the Charleston Harbor with his family, and managing clients' financial affairs.
Parsec Financial opened its first office in Charlotte, on the 18th floor at the Carillon Building on West Trade Street. By 2015, the company had grown to eight full-time employees and had expanded into a new office space just next to the original location. The new space overlooks the Queen City skyline, Romare Beardon Park, and the Carolina Panther's Stadium. Apart from providing financial guidance, the company also offers many other services that can be vital to clients' financial health.
Carroll Financial Associates
Carroll Financial Associates' financial advisors will help you to achieve your investment goals using a personalized strategy. Carroll Financial Associates' advisors consider the time horizon of clients, their risk tolerance, and their preferred investment strategy before making any investment decisions. To help clients make informed decisions, a good financial advisor must be able to communicate the results and his or her recommendations. Carroll Financial Associates may offer a range of services that can include estate planning or retirement planning.
Carroll Financial Associates is an investment management firm that has a strong presence in Charlotte, North Carolina. Larry Carroll founded the company in 1980. It has three offices in the region. 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 stands for "Trust MattersTM," and it is a reference to trust matters.
Colony Family Offices
The Colony Family Offices, LLC, is a multi-family advisory company based in Charlotte, North Carolina. It manages over $1.62 billion of regulatory assets for more that three hundred fifty clients. It is a veteran firm that offers financial advisory services. In addition to providing services for Charlotte-area clients the firm also has offices in Delaware and California. Colony Family Offices, LLC is a team of experienced professionals that are focused on client-first financial plan.
To determine the unique position of a client, The Biltmore Family Office uses a combination quantitative and qualitative analysis. This includes the determination of the optimal asset allocation among exchange-traded funds and actively managed accounts. The fee-only service is available to clients who have at least $10,000,000 in collective accounts. The fee-only model is great for clients with substantial assets.
Ronald Blue Trust
Ronald Blue Trust financial advisers are trained to use both technical and biblical wisdom to assist their clients in making wise 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 benefits to partnering with an advisor that possesses these attributes.
Hunter Pugh is the senior partner of Ronald Blue Trust. He is an expert in private wealth and financial planning. His team integrates asset management, trust services and financial planning into a holistic plan that clients can use. He started his career as a banker and established the Charlotte office in 1994. He is a CERTIFIED FINANCIAL PLANNER(R) as well as a Certified Wealth Strategist, (CWS).
FAQ
Why it is important to manage your wealth?
Financial freedom starts with taking control of your money. Understanding your money's worth, its cost, and where it goes is the first step to financial freedom.
You must also assess your financial situation to see if you are saving enough money for retirement, paying down debts, and creating an emergency fund.
If you do not follow this advice, you might end up spending all your savings for unplanned expenses such unexpected medical bills and car repair costs.
What is retirement planning?
Retirement planning is an essential part of financial planning. It allows you to plan for your future and ensures that you can live comfortably in retirement.
Retirement planning includes looking at various options such as saving money for retirement and investing in stocks or bonds. You can also use life insurance to help you plan and take advantage of tax-advantaged account.
What are the various types of investments that can be used for wealth building?
There are many different types of investments you can make to build wealth. Here are some examples.
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Stocks & Bonds
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Mutual Funds
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Real Estate
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Gold
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Other Assets
Each has its own advantages and disadvantages. Stocks or bonds are relatively easy to understand and control. They can fluctuate in price over time and need active management. On the other hand, real estate tends to hold its value better than other assets such as gold and mutual funds.
It all comes down to finding something that works for you. The key to choosing the right investment is knowing your risk tolerance, how much income you require, and what your investment objectives are.
Once you have chosen the asset you wish to invest, you are able to move on and speak to a financial advisor or wealth manager to find the right one.
Where 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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A proven track record
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Locally based
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Free consultations
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Provides ongoing support
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There is a clear pricing structure
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A good reputation
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It is easy and simple to contact
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Support available 24/7
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A variety of products are available
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Low fees
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Does not charge hidden fees
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Doesn't require large upfront deposits
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Have a plan for your finances
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You have a transparent approach when managing your money
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Allows you to easily ask questions
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Does your current situation require a solid understanding
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Understanding your goals and objectives
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Are you open to working with you frequently?
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Works 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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Will you be able to set realistic expectations
Do I need to make a payment for Retirement Planning?
No. These services don't require you to pay anything. 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.
What is risk management and investment management?
Risk management refers to the process of managing risk by evaluating possible losses and taking the appropriate steps to reduce those losses. It involves monitoring and controlling risk.
Any investment strategy must incorporate risk management. The goal of risk-management is to minimize the possibility of loss and maximize the return on investment.
These are the key components of risk management
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Identifying the sources of risk
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Monitoring and measuring the risk
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Controlling the risk
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Manage the risk
Statistics
- A recent survey of financial advisors finds the median advisory fee (up to $1 million AUM) is just around 1%.1 (investopedia.com)
- According to a 2017 study, the average rate of return for real estate over a roughly 150-year period was around eight percent. (fortunebuilders.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 is one of the most important factors that influence your financial security. It has been observed that inflation is increasing steadily over the past few years. Different countries have different rates of inflation. India, for example, is experiencing a higher rate of inflation than China. This means that you may have some savings, but not enough to cover your future expenses. You may lose income opportunities if your investments are not made regularly. How do you deal with inflation?
Stocks are one way to beat inflation. Stocks are a great investment because they offer a high return of investment (ROI). These funds can also help you buy gold, real estate and other assets that promise a higher return on investment. You should be careful before you start investing in stocks.
First, decide which stock market you would like to be a part of. Do you prefer small-cap companies or large-cap companies? Then choose accordingly. Next, learn about the nature of the stock markets you are interested in. Is it growth stocks, or value stocks that you are interested in? Make your decision. Finally, you need to understand the risks associated the type of stockmarket you choose. There are many stocks on the stock market today. Some are risky while others can be trusted. Make wise choices.
Get expert advice if you're planning on investing in the stock market. They will advise you if your decision is correct. Make sure to diversify your portfolio, especially if investing in the stock exchanges. Diversifying your investments increases your chance of making a decent income. If you invest only in one company, you risk losing everything.
You can consult a financial advisor if you need further assistance. These professionals can help you with the entire process of investing in stocks. They will help you choose the best stock to invest in. You will be able to get help from them regarding when to exit, depending on what your goals are.