A business financial advisor is a hired professional who specializes in matters such as retirement planning for the self-employed, small business taxes and identifying cash flow issues. As a small business owner, you’re probably used to doing a lot of things yourself and might wonder if you ...
A skilled small business financial advisor can create a personalized retirement strategy for you, considering factors such as business succession and tax implications. They’ll help you strike a balance between reinvesting in your business and securing your future. ...
Furthermore, a financial advisor can help small business owners come up with a formal plan for transferring their business to a new owner when approaching retirement. In short, a savvy small business owner knows that delegation to the right party saves time and is fiscally rewarding. Therefore, ...
Graduating college,getting married, expanding your family and starting a business are some major life events that might cause you to reevaluate your financial situation. A financial advisor can help you manage these life events while making sure you get or stay on track. ...
When do you need a financial advisor? You don’t need to be wealthy or have a complex financial plan to work with an advisor. Whether you’re looking for long-term guidance or a one-time consultation, a financial advisor can be worth your while. Even if you like to manage your money...
It happens to every advisor at some point. A coach with a vested interest in your success can be the source of a clear perspective on what’s going on in your business. They’re there to maneuver through roadblocks, deal with stress, and brainstorm ideas and strategies. A good coach can...
Offers advice to a married couple who are thinking of hiring a financial advisor. Instances when a couple needs a financial advisor; Sequential accumulation strategy that allows couples to function as their own banker and investor while maintaining a high level of liquidity.Blue...
Types of Financial Advisors Several types of financial professionals fall under the umbrella of “financial advisor.” In general, a financial advisor holds a bachelor’s degree in a field like finance, accounting or business management. They also may be licensed or certified, depending on the ser...
If you could accomplish all your financial goals just by putting your paycheck into the bank every couple of weeks, you wouldn’t need the services of a financial advisor. But life isn’t that simple – and so, at some point, you may realize you need some professional assistance. But whe...
Financial planning for most people can be boiled down to three inputs, in order: savings rate asset location asset allocation This is an inconvenient for some people because it doesn’t feel like saving is something your financial advisor isdoing. But if you raise your IRA contributions by 9.0...