There are many methods to find a competent financial advisor near Charlotte, NC. There are several firms that specialize, including those who can help you plan your retirement. 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. You should compare their services to determine which is best for you. You can trust these firms to do the job for you.
Parsec Financial
Gregory D. James, a certified personal financial planner, and a licensed attorney make up Parsec Financial. He received a Bachelor's degree in accounting from Pennsylvania State University, and continued his professional studies at 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. Apart from managing clients' finances he enjoys sailing the Charleston Harbor and spending time with his family.
Parsec Financial, which was established in 1999, expanded its reach to Charlotte and opened a new office on the 18th level of the Carillon Building at 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. Other than providing financial guidance to clients, the company offers many other vital services to ensure 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. 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 in Charlotte is a premier investment management firm. Larry Carroll founded the firm in 1980. The company has three locations around the area. The firm has 39 financial advisors who can provide comprehensive financial planning and investment management. They can help with your retirement planning and maximize your investment returns. The firm's philosophy is "Trust MattersTM," meaning "trust matters".
Colony Family Offices
The Colony Family Offices, LLC, an advisory firm for multi-family families, is based out of Charlotte, North Carolina. The company has more than $1.62 Billion in regulatory assets and serves more than 375 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.
The Biltmore Family Office uses both qualitative and quantitative analysis to determine each client's unique positioning. This includes determining the best asset distribution across exchange-traded and actively managed funds as well as direct securities. The fee-only firm requires that clients have a minimum of $10 million in total account balance. 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 advice gives clients financial clarity, and helps them feel confident. With the support and guidance of their team, clients can leave behind a lasting legacy. These are some of the advantages of working with advisors who have 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) and Certified Wealth Strategist (CWS).
FAQ
What is a Financial Planner? How can they help with wealth management?
A financial planner can help you make a financial plan. A financial planner can assess your financial situation and recommend ways to improve it.
Financial planners, who are qualified professionals, can help you to create a sound financial strategy. They can assist you in determining how much you need to save each week, which investments offer the highest returns, as well as whether it makes sense for you to borrow against your house equity.
Financial planners typically get paid based the amount of advice that they provide. Some planners provide free services for clients who meet certain criteria.
What is risk-management in investment management?
Risk management is the act of assessing and mitigating potential losses. It involves the identification, measurement, monitoring, and control of risks.
A key part of any investment strategy is risk mitigation. The goal of risk-management is to minimize the possibility of loss and maximize the return on investment.
The key elements of risk management are;
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Identifying risk sources
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Measuring and monitoring the risk
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Controlling the risk
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Manage your risk
How to Beat Inflation with Savings
Inflation refers the rise in prices due to increased demand and decreased supply. Since the Industrial Revolution people have had to start saving money, it has been a problem. Inflation is controlled by the government through raising interest rates and printing new currency. 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. Gold and silver are two examples of "real" investments because their prices increase even though the dollar goes down. Investors concerned about inflation can also consider precious metals.
What is wealth Management?
Wealth Management is the practice of managing money for individuals, families, and businesses. It includes all aspects regarding financial planning, such as investment, insurance tax, estate planning retirement planning and protection, liquidity management, and risk management.
How can I get started in Wealth Management?
The first step towards getting started with Wealth Management is deciding what type of service you want. There are many types of Wealth Management services out there, but most people fall into one of three categories:
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Investment Advisory Services: These professionals can help you decide how much and where you should invest it. They advise on asset allocation, portfolio construction, and other investment strategies.
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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 expertise and experience, they may recommend investments.
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Estate Planning Services - An experienced lawyer can advise you about the best way to protect yourself and your loved ones from potential problems that could arise when you die.
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Ensure that a professional is registered with FINRA before hiring them. You don't have to be comfortable working with them.
How does Wealth Management Work?
Wealth Management can be described as a partnership with an expert who helps you establish goals, assign resources, and track progress towards your goals.
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.
These can help you avoid costly mistakes.
Statistics
- 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)
- 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)
- As of 2020, it is estimated that the wealth management industry had an AUM of upwards of $112 trillion globally. (investopedia.com)
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How To
How to invest when you are retired
Retirees have enough money to be able to live comfortably on their own after they retire. But how do they put it to work? The most common way is to put it into savings accounts, but there are many other options. You could, for example, sell your home and use the proceeds to purchase shares in companies that you feel will rise in value. You could also purchase life insurance and pass it on to your children or grandchildren.
However, if you want to ensure your retirement funds lasts longer you should invest in property. If you invest in property now, you could see a great return on your money later. Property prices tend to go up over time. If inflation is a concern, you might consider purchasing gold coins. They are not like other assets and will not lose value in times of economic uncertainty.