The finance and insurance industries in Connecticut contribute nearly 1/5 of the state's GDP, and the state is home to many talented financial advisors. Industry experts carefully choose financial advisors. Benemark, Inc., one example, employs a combination passive and active investment strategies in order to help clients achieve their financial dreams.
Coastal Bridge Advisors
Coastal Bridge Advisors, a registered investment advisor, offers sophisticated and highly personal advice. Founded in 2008, Coastal Bridge combines expertise and discipline with the capabilities of a boutique firm to cultivate productive client relationships. The firm offers a wide range of strategies that cross generations, markets, or geographies.
Principals from the company have extensive industry knowledge and are dedicated providing personal service to clients. They work closely alongside clients to develop investment strategies, and implement a comprehensive strategy for wealth management that suits their lifestyle. The management team of the firm has made investments in technology, operations, client service and other solutions to help clients make informed choices.
GYL Financial Synergies
GYL Financial Synergies, LLC is a financial advisory firm located in West Hartford, Connecticut. It has clients in 27 states and manages more that $5 billion in 4693 accounts. This firm targets retail investors, high net-worth individuals and pension plans.
The fees charged by the firm depend on the service they provide. The firm may charge hourly, asset-based, or fixed fees depending on the type of service it provides. It also participates in a wrap-fee program, which bundles many of the firm's services for a single fee.
Johnson Brunetti
Johnson Brunetti, a local retirement planning firm, has offices in Connecticut as well as Massachusetts. The company was built on the principles of integrity and trustworthiness, and focuses on helping clients develop a sense of confidence in their financial future. Our help will allow you to put your financial future in control of experts who are committed to your wellbeing.
Johnson Brunetti, a wealth-management firm that specializes in investments and retirement planning, is led by Joel Brunetti. He is a Certified Financial Planner(tm), a professional with over 15 years experience in financial planning. He is a certified professional financial planner and also holds the Series 65 licensure. He is also licensed as a Connecticut life and insurance agent. Outside of work, he enjoys traveling and spending time with his wife and three children.
Reed Financial Planning Services LLC
Reed Financial Planning Services LLC, a Connecticut-based independent wealth manager, specializes in retirement income planning. The firm manages 33 client account with $16,073,317 AUM. It also offers financial services such as pension consulting, and many other services. It is a member on the Voya Field Advisory Board.
Jeremy Reed is a registered financial advisor at Wells Fargo Advisors. He helps clients to discover their personal retirement vision. He works with businesses, families, and individuals to design a plan that best suits their financial needs. He leverages the vast resources of the Wells Fargo Advisors to help his clients realize their dreams.
FAQ
How to Choose an Investment Advisor
Choosing an investment advisor is similar to selecting a financial planner. There are two main factors you need to think about: experience and fees.
The advisor's experience is the amount of time they have been in the industry.
Fees refer to the costs of the service. It is important to compare the costs with the potential return.
It's crucial to find a qualified advisor who is able to understand your situation and recommend a package that will work for you.
How much do I have to pay for Retirement Planning
No. All of these services are free. We offer free consultations to show you the possibilities and you can then decide if you want to continue our services.
What is retirement planning?
Financial planning does not include retirement 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.
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 also need to know if you are saving enough for retirement, paying debts, and building an emergency fund.
You could end up spending all of your savings on unexpected expenses like car repairs and medical bills.
How do I get started with Wealth Management?
It is important to choose the type of Wealth Management service that you desire before you can get started. 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 will help you determine how much money you need to invest and where it should be invested. They also provide investment advice, including portfolio construction and asset allocation.
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Financial Planning Services: This professional will work closely with you to develop a comprehensive financial plan. It will take into consideration your goals, objectives and personal circumstances. They may recommend certain investments based upon their experience and expertise.
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Estate Planning Services – An experienced lawyer can guide you in the best way possible to protect yourself and your loved one from potential problems that might arise after your death.
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Ensure they are registered with FINRA (Financial Industry Regulatory Authority) before you hire a professional. You don't have to be comfortable working with them.
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)
- 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 a 2017 study, the average rate of return for real estate over a roughly 150-year period was around eight percent. (fortunebuilders.com)
External Links
How To
How to save cash on your salary
Saving money from your salary means working hard to save money. These steps are essential if you wish to save money on salary
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It is important to start working sooner.
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Reduce unnecessary expenses.
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You should use online shopping sites like Amazon, Flipkart, etc.
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Do your homework in the evening.
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Take care of yourself.
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Try to increase your income.
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A frugal lifestyle is best.
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It is important to learn new things.
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Share your knowledge with others.
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Read books often.
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Make friends with rich people.
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It is important to save money each month.
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It is important to save money for rainy-days.
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Plan your future.
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Time is not something to be wasted.
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Positive thinking is important.
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Avoid negative thoughts.
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Prioritize God and Religion.
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It is important that you have positive relationships with others.
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You should enjoy your hobbies.
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Be self-reliant.
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Spend less than you make.
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It's important to be busy.
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Patient is the best thing.
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It is important to remember that one day everything will end. It is better not to panic.
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You shouldn't ever borrow money from banks.
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You should always try to solve problems before they arise.
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You should strive to learn more.
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It is important to manage your finances well.
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Honesty is key to a successful relationship with anyone.