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 advisers. Benemark, Inc., a financial advisor firm, uses a mix passive and actively invested strategies to help clients realize their financial goals.
Coastal Bridge Advisors
Coastal Bridge Advisors is a registered investment advisor that offers highly personalized, sophisticated advice. Coastal Bridge Advisors was founded in 2008. It combines the skills and expertise of a large boutique firm with the ability to develop productive client relationships. The firm offers a wide range of strategies that cross generations, markets, or geographies.
The company's principals have a wealth of industry experience and are committed to providing clients with personalized service. They work closely together with clients to create investment strategies and implement a comprehensive wealth-management strategy that suits their lifestyle and needs. To help clients make informed decisions, the firm's management team invested in technology, operations and client service solutions.
GYL Financial Synergies
GYL Financial Synergies, LLC, an advisory firm in West Hartford, Connecticut, is GYL Financial Synergies, LLC. It serves clients across 27 states and manages over $5 billion in 4693 accounts. This firm focuses primarily on high-networth individuals, retail investors, pension plans, state and municipal government entities, as well as high-networth individuals.
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 can also join a wrap program, which bundles many firm services into one cost.
Johnson Brunetti
Johnson Brunetti offers local service through its independent retirement planning firm with offices in Connecticut, Massachusetts. The company was founded on the principles and trustworthiness of integrity and trustworthiness. They focus on helping clients gain 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. He loves to travel and spend time with his three children.
Reed Financial Planning Services LLC
Reed Financial Planning Services LLC in Connecticut is an independent wealth management firm that specializes both in retirement income planning, and health insurance. The firm manages 33 accounts totaling $16,073,317. It also offers financial services such as pension consulting, and many other services. The firm is a member of the Voya Field Advisory Board.
Jeremy Reed, a registered Financial Advisor with Wells Fargo Advisors assists clients in defining their personal retirement vision. He works with businesses, families, and individuals to design a plan that best suits their financial needs. He makes use of the vast resources offered by Wells Fargo Advisors to help clients realize their dreams.
FAQ
How to choose an investment advisor
The process of choosing an investment advisor is similar that selecting a financial planer. There are two main factors you need to think about: experience and fees.
Experience refers to the number of years the advisor has been working in the industry.
Fees are the price of the service. You should weigh these costs against the potential benefits.
It's important to find an advisor who understands your situation and offers a package that suits you.
Do I need to pay 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.
How to Beat the Inflation with Savings
Inflation is the rising prices of goods or services as a result of increased demand and decreased supply. It has been a problem since the Industrial Revolution when people started saving money. The government attempts to control inflation by increasing interest rates (inflation) 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. You can also invest in precious metals. Since their prices rise even when the dollar falls, silver and gold are "real" investments. Investors who are worried about inflation will also benefit from precious metals.
Is it worth using a wealth manager?
A wealth management service should help you make better decisions on how to invest your money. You can also get recommendations on the best types of investments. This way you will have all the information necessary to make an informed decision.
Before you decide to hire a wealth management company, there are several things you need to think about. For example, do you trust the person or company offering you the service? Are they able to react quickly when things go wrong Can they communicate clearly what they're doing?
What is retirement planning exactly?
Financial planning includes retirement planning. It helps you plan for the future, and allows you to enjoy retirement comfortably.
Retirement planning involves looking at different options available to you, such as saving money for retirement, investing in stocks and bonds, using life insurance, and taking advantage of tax-advantaged accounts.
What is investment risk management?
Risk Management is the practice of managing risks by evaluating potential losses and taking appropriate actions to mitigate those 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.
These are the core elements of risk management
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Identifying the risk factors
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Monitoring and measuring risk
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How to control the risk
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Manage the risk
Statistics
- A recent survey of financial advisors finds the median advisory fee (up to $1 million AUM) is just around 1%.1 (investopedia.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)
- These rates generally reside somewhere around 1% of AUM annually, though rates usually drop as you invest more with the firm. (yahoo.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)
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How To
How to beat inflation with investments
Inflation is one of the most important factors that influence your financial security. Inflation has been increasing steadily for the past few decades, it has been shown. There are many countries that experience different rates of inflation. India, for instance, has a much higher rate of inflation than China. This means that you may have some savings, but not enough to cover your future expenses. You could lose out on income opportunities if you don’t invest regularly. How should you handle inflation?
Stocks investing is one way of beating inflation. Stocks offer you a good return on investment (ROI). These funds can also be used to buy real estate, gold, and silver. You should be careful before you start investing in stocks.
First, determine what stock market you wish to enter. Are you more comfortable with small-cap or large-cap stocks? Next, decide which one you prefer. Next, learn about the nature of the stock markets you are interested in. Do you want to invest in growth stocks or value stock? Then choose accordingly. Finally, understand the risks associated with the type of stock market you choose. There are many stock options on today's stock markets. Some are risky; others are safe. Take your time.
You should seek the advice of experts before you invest in stocks. They will tell you whether you are making the right choice. Diversifying your portfolio is a must if you want to invest on the stock markets. Diversifying increases your chances of earning a decent profit. If you only invest in one company, then you run the risk of losing everything.
If you still need assistance, you can always consult with a financial adviser. These professionals will assist you in the stock investing process. They will ensure you make the right choice of stock to invest in. They can help you determine when it is time to exit stock markets, depending upon your goals and objectives.