Connecticut's insurance and finance industries account for nearly 1/5 of the state’s GDP. Connecticut is home to many experienced financial advisors. Industry experts carefully choose financial advisors. Benemark, Inc. is one such firm. It uses both passive and active investment strategies to help clients achieve their financial goals.
Coastal Bridge Advisors
Coastal Bridge Advisors are registered investment advisors that offer sophisticated, personalized 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 range of strategies that cover generations, markets, as well as geographies.
The principals of the company have extensive industry experience and are dedicated to providing personalized service for 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, a financial advisory firm, is located in West Hartford, Connecticut. It serves clients across 27 states and manages over $5 billion in 4693 accounts. This firm focuses on retail investors and high-net worth individuals.
Based on the service provided, fees may be charged. It might charge asset-based or hourly fees as well as fixed fees. It may also be a member of a wrap-fee programme, which bundles many services under one fee.
Johnson Brunetti
With offices in Connecticut and Massachusetts, Johnson Brunetti is an independent retirement planning firm that offers neighborhood service. 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. You can trust our experts to help you with your financial future.
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) professional with more than 15 years of experience in financial planning. In addition to being a certified financial planner, he also holds the Series 65 license, and is a licensed life and health insurance agent in Connecticut. 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 is a Connecticut-based independent wealth management firm that specializes in retirement income planning and health insurance. The firm manages 33 client account with $16,073,317 AUM. It also provides pension consulting services and a variety of other financial services. The firm is a Voya Field Advisory Board member.
Jeremy Reed is a registered financial advisor at Wells Fargo Advisors. He helps clients to discover their personal retirement vision. He works closely with individuals, families and businesses to help them create a personalized plan that achieves their financial goals. To help his clients achieve their dreams, he uses the extensive resources of Wells Fargo Advisors.
FAQ
What are the Benefits of a Financial Advisor?
A financial plan is a way to know what your next steps are. You won't have to guess what's coming next.
It gives you peace of mind knowing that you have a plan in place to deal with unforeseen circumstances.
You can also manage your debt more effectively by creating a financial plan. A good understanding of your debts will help you know how much you owe, and what you can afford.
Your financial plan will protect your assets and prevent them from being taken.
Where can you start your search to find a wealth management company?
If you are looking for a wealth management company, make sure it meets these criteria:
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A proven track record
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Locally located
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Offers complimentary consultations
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Supports you on an ongoing basis
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Clear fee structure
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A good reputation
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It is easy and simple to contact
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Offers 24/7 customer care
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Offering a variety of products
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Low charges
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No hidden fees
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Doesn't require large upfront deposits
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A clear plan for your finances
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A transparent approach to managing your finances
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It makes it simple to ask questions
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Has a strong understanding of your current situation
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Understand your goals & objectives
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Are you open to working with you frequently?
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Work within your budget
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Has a good understanding of the local market
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You are available to receive advice regarding how to change your portfolio
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Is willing to help you set realistic expectations
How do you get started with Wealth Management
The first step in Wealth Management is to decide which type of service you would like. There are many Wealth Management services, but most people fall within one of these three categories.
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Investment Advisory Services: These professionals can help you decide how much and where you should invest it. They provide advice on asset allocation, portfolio creation, and other investment strategies.
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Financial Planning Services- This professional will assist you in creating a comprehensive plan that takes into consideration your goals and objectives. He or she may recommend certain investments based on their experience and expertise.
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Estate Planning Services - A lawyer who is experienced can help you to plan for your estate and protect you and your loved ones against potential problems when you pass away.
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If you hire a professional, ensure they are registered with FINRA (Financial Industry Regulatory Authority). You don't have to be comfortable working with them.
How to Choose An Investment Advisor
The process of choosing an investment advisor is similar that selecting a financial planer. Experience and fees are the two most important factors to consider.
The advisor's experience is the amount of time they have been in the industry.
Fees are the cost of providing 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.
What is risk management and investment management?
Risk management is the act of assessing and mitigating potential losses. It involves identifying, measuring, monitoring, and controlling risks.
Risk management is an integral part of any investment strategy. The purpose of risk management, is to minimize loss and maximize return.
The following are key elements to risk management:
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Identifying risk sources
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Measuring and monitoring the risk
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How to manage the risk
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Manage the risk
Statistics
- US resident who opens a new IBKR Pro individual or joint account receives a 0.25% rate reduction on margin loans. (nerdwallet.com)
- As of 2020, it is estimated that the wealth management industry had an AUM of upwards of $112 trillion globally. (investopedia.com)
- 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)
External Links
How To
How to invest when you are retired
People retire with enough money to live comfortably and not work when they are done. However, how can they invest it? There are many options. You could, for example, sell your home and use the proceeds to purchase shares in companies that you feel will rise in value. Or you could take out life insurance and leave it to your children or grandchildren.
You should think about investing in property if your retirement plan is to last longer. 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 don’t lose value as other assets, so they are less likely fall in value when there is economic uncertainty.