An independent financial adviser provides independent advice on financial issues. They can offer advice from all markets and recommend products that will best suit their financial needs. Their recommendations are free of commission and impartial. They will always keep your best interest in mind, no matter what their job title is.
Y.D. Financial Services
The firm provides comprehensive financial planning services to entrepreneurs, professionals, and families. The firm was founded in 1980 and offers financial planning and tax compliance services for all life stages. Brent Dickerson, the founder of the firm, understands today's issues for Gen X and Y clients. He is also passionate for charitable estate planning. His goal is to help clients plan for a brighter tomorrow.
Y.D. Financial
Founded by Y.D. Financial Services is a financial services company that helps professionals, entrepreneurs, and families to achieve financial security. Financial services include tax planning, asset management (tax planning), insurance, and estate planning. The highly-trained team includes a Chartered Financial Planner(r), and a Certified Public Accountant. Additionally, one partner has earned the Chartered Financial Analyst (CFA) designation.
Y.D. Financial Group
Integrated Financial Group can be your independent financial advisor. IFG was founded in 2003 and is a network that brings together financial planners to share their professional knowledge. The firm has a unique culture that fosters advisor engagement, collaboration, and growth. IFG advisors are supported by an experienced team of industry professionals. IFG advisors are able to spend more time serving clients because they have access to these resources.
FAQ
What are my options for retirement planning?
No. You don't need to pay for any of this. We offer FREE consultations so we can show you what's possible, and then you can decide if you'd like to pursue our services.
Who should use a wealth manager?
Anyone looking to build wealth should be able to recognize the risks.
Investors who are not familiar with risk may not be able to understand it. They could lose their investment money if they make poor choices.
It's the same for those already wealthy. They might feel like they've got enough money to last them a lifetime. This is not always true and they may lose everything if it's not.
As such, everyone needs to consider their own personal circumstances when deciding whether to use a wealth manager or not.
What is estate planning?
Estate planning is the process of creating an estate plan that includes documents like wills, trusts and powers of attorney. These documents will ensure that your assets are managed after your death.
How to Beat Inflation by Savings
Inflation refers the rise in prices due to increased demand and decreased supply. It has been a problem since the Industrial Revolution when people started saving money. The government regulates inflation by increasing interest rates, printing new currency (inflation). You don't need to save money to beat inflation.
For example, you could invest in foreign countries where inflation isn’t as high. There are other options, such as investing 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.
Statistics
- As previously mentioned, according to a 2017 study, stocks were found to be a highly successful investment, with the rate of return averaging around seven percent. (fortunebuilders.com)
- 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)
- According to Indeed, the average salary for a wealth manager in the United States in 2022 was $79,395.6 (investopedia.com)
- Newer, fully-automated Roboadvisor platforms intended as wealth management tools for ordinary individuals often charge far less than 1% per year of AUM and come with low minimum account balances to get started. (investopedia.com)
External Links
How To
How To Invest Your Savings To Make Money
Investing your savings into different types of investments such as stock market, mutual funds, bonds, real estate, commodities, gold, and other assets gives you an opportunity to generate returns on your capital. This is called investing. You should understand that investing does NOT guarantee a profit, but increases your chances to earn profits. There are many options for how to invest your savings. One of these options is buying stocks, Mutual Funds, Gold, Commodities, Real Estate, Bonds, Stocks, ETFs, Gold, Commodities, Real Estate, Bonds, Stocks, Real Estate, Bonds, and ETFs. These are the methods we will be discussing below.
Stock Market
The stock market is an excellent way to invest your savings. You can purchase shares of companies whose products or services you wouldn't otherwise buy. Additionally, stocks offer diversification and protection against financial loss. You can, for instance, sell shares in an oil company to buy shares in one that makes other products.
Mutual Fund
A mutual fund can be described as a pool of money that is invested in securities by many individuals or institutions. They are professionally managed pools of equity, debt, or hybrid securities. Its board of directors usually determines the investment objectives of a mutual fund.
Gold
The long-term value of gold has been demonstrated to be stable and it is often considered an economic safety net during times of uncertainty. Some countries use it as their currency. Due to the increased demand from investors for protection against inflation, gold prices rose significantly over the past few years. The supply and demand factors determine how much gold is worth.
Real Estate
Real estate includes land and buildings. When you buy real estate, you own the property and all rights associated with ownership. To generate additional income, you may rent out a part of your house. You might use your home to secure loans. The home may be used as collateral to get loans. You must take into account the following factors when buying any type of real property: condition, age and size.
Commodity
Commodities are raw materials, such as metals, grain, and agricultural goods. These items are more valuable than ever so commodity-related investments are a good idea. Investors who want the opportunity to profit from this trend should learn how to analyze charts, graphs, identify trends, determine the best entry points for their portfolios, and to interpret charts and graphs.
Bonds
BONDS are loans between governments and corporations. A bond is a loan where both parties agree to repay the principal at a certain date in exchange for interest payments. The interest rate drops and bond prices go up, while vice versa. Investors buy bonds to earn interest and then wait for the borrower repay the principal.
Stocks
STOCKS INVOLVE SHARES OF OWNERSHIP IN A CORPORATION. A share represents a fractional ownership of a business. If you own 100 shares of XYZ Corp., you are a shareholder, and you get to vote on matters affecting the company. Dividends are also paid out to shareholders when the company makes profits. Dividends refer to cash distributions made to shareholders.
ETFs
An Exchange Traded Fund, also known as an ETF, is a security that tracks a specific index of stocks and bonds, currencies or commodities. ETFs can trade on public exchanges just like stock, unlike traditional mutual funds. The iShares Core S&P 500 (NYSEARCA - SPY) ETF is designed to track performance of Standard & Poor’s 500 Index. This means that if SPY is purchased, your portfolio will reflect the S&P 500 performance.
Venture Capital
Ventures capital is private funding venture capitalists provide to help entrepreneurs start new businesses. Venture capitalists provide financing to startups with little or no revenue and a high risk of failure. They invest in early stage companies, such those just starting out, and are often very profitable.