There are many avenues to locate a reliable financial advisor in Charlotte. There are many firms who specialize in certain areas, like retirement planning. Parsec Financial and Carroll Financial Associates are some of these firms. Colony Family Offices and the Ronald Blue Trust are others. It is important to compare the services of these firms in order to decide which one is right for you. You can trust these firms to do the job for you.
Parsec Financial
The team at Parsec Financial consists of a certified financial planner and a licensed attorney, Gregory D. James. 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 was a senior advisor at Charles Schwab & Co. as well as an accountant at DuPont Corporation. He enjoys time on the Charleston Harbor with his family, and managing clients' financial affairs.
Parsec Financial opened its first office in Charlotte, on the 18th floor at the Carillon Building on West Trade Street. By 2015, eight full-time employees had joined the company and the new office was located just next to the original location. This new space features expansive views over the Queen City skyline as well as the Carolina Panther's Stadium. The company offers many services that will benefit clients' financial well-being, in addition to financial guidance.
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 advisors carefully consider each client's investment goals, time horizon, risk tolerance, desired strategy, and other factors before making investment recommendations. 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' services may include retirement planning and estate planning.
Carroll Financial Associates in Charlotte is a premier investment management firm. The company was founded by Larry Carroll in 1980 and has three locations in the area. The firm has 39 financial advisors who can provide comprehensive financial planning and investment management. They will help you reach your retirement goals and ensure you get the most out of your money. The firm's philosophy, "Trust MattersTM," stands for "trust matters."
Colony Family Offices
The Colony Family Offices, LLC, is a multi-family advisory company based in Charlotte, North Carolina. The company manages more than $1.62 billion in regulatory assets for more than three hundred fifty clients. It is a veteran firm that offers financial advisory services. In addition to providing services for Charlotte-area clients the firm also has offices in Delaware and California. Colony Family Offices, LLC is a team of experienced professionals that are focused on client-first financial plan.
To determine the unique position of a client, The Biltmore Family Office uses a combination quantitative and qualitative analysis. This includes determining the most optimal asset allocation between exchange-traded fund, actively managed accounts and direct securities. The fee-only model requires a total account balance of at least $10 million. The fee-only model is great for clients with substantial assets.
Ronald Blue Trust
Ronald Blue Trust financial advisers are trained to use both technical and biblical wisdom to assist their clients in making wise financial decisions. Clients can feel financial security and confidence with their help. Clients can leave a lasting impression with the help of their team. Here are some of the benefits of partnering with an advisor who has these attributes:
Hunter Pugh works as the senior partner for Ronald Blue Trust. He is an expert on private wealth management. His team combines financial planning, asset and trust management to provide a comprehensive solution for clients. He started his banking career and opened the Charlotte office in 1994. He is a CERTIFIED FINANCIAL PLANNER(R), and Certified Wealth Strategist(CWS).
FAQ
Do I need to make a payment for Retirement Planning?
No. These services don't require you to pay anything. We offer free consultations, so that we can show what is possible and then you can decide whether you would like to pursue our services.
How to beat inflation with savings
Inflation is the rise in prices of goods and services due to increases in demand and decreases in supply. Since the Industrial Revolution people have had to start saving money, it has been a problem. The government manages inflation by increasing interest rates and printing more currency (inflation). But, inflation can be stopped without you having to save any money.
For instance, foreign markets are a good option as they don't suffer from inflation. Another option is to invest 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.
Who Can Help Me With My Retirement Planning?
Retirement planning can be a huge financial problem for many. It's not just about saving for yourself but also ensuring you have enough money to support yourself and your family throughout your life.
It is important to remember that you can calculate how much to save based on where you are in your life.
If you are married, you will need to account for any joint savings and also provide for your personal spending needs. If you're single, then you may want to think about how much you'd like to spend on yourself each month and use this figure to calculate how much you should put aside.
You can save money if you are currently employed and set up a monthly contribution to a pension plan. It might be worth considering investing in shares, or other investments that provide long-term growth.
Get more information by contacting a wealth management professional or financial advisor.
What are the best strategies to build wealth?
The most important thing you need to do is to create an environment where you have everything you need to succeed. You don’t want to have the responsibility of going out and finding the money. If you aren't careful, you will spend your time searching for ways to make more money than creating wealth.
Avoiding debt is another important goal. It is tempting to borrow, but you must repay your debts as soon as possible.
You can't afford to live on less than you earn, so you are heading for failure. If you fail, there will be nothing left to save for retirement.
So, before you start saving money, you must ensure you have enough money to live off of.
Statistics
- 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)
- According to Indeed, the average salary for a wealth manager in the United States in 2022 was $79,395.6 (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)
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How To
How to Invest your Savings to Make Money
Investing your savings into different types of investments such as stock market, mutual funds, bonds, real estate, commodities, gold, and other assets gives you an opportunity to generate returns on your capital. This is known as investing. It is important to understand that investing does not guarantee a profit but rather increases the chances of earning profits. There are many ways you can invest your savings. There are many options for investing your savings, including buying stocks, mutual funds, Gold, Commodities, Real Estate, Bonds, Stocks, ETFs (Exchange Traded Funds), and bonds. These methods are discussed below:
Stock Market
The stock market is one of the most popular ways to invest your savings because it allows you to buy shares of companies whose products and services you would otherwise purchase. Buying stocks also offers diversification which helps protect against financial loss. For example, if the price of oil drops dramatically, you can sell your shares in an energy company and buy shares in a company that makes something else.
Mutual Fund
A mutual fund is a pool of money invested by many individuals or institutions in securities. They are professionally managed pools, which can be either equity, hybrid, or debt. The mutual fund's investment objective is usually decided by its board.
Gold
Gold has been known to preserve value over long periods and is considered a safe haven during economic uncertainty. Some countries use it as their currency. The increased demand for gold from investors who want to protect themselves from inflation has caused the prices of gold to rise significantly over recent years. The price of gold tends to rise and fall based on supply and demand fundamentals.
Real Estate
Real estate includes land and buildings. If you buy real property, you are the owner of the property as well as all rights. To generate additional income, you may rent out a part of your house. You may use the home as collateral for loans. The home could even be used to receive tax benefits. However, you must consider the following factors before purchasing any type of real estate: location, size, condition, age, etc.
Commodity
Commodities are raw materials, such as metals, grain, and agricultural goods. Commodity-related investments will increase in value as these commodities rise in price. Investors who want the opportunity to profit from this trend should learn how to analyze charts, graphs, identify trends, determine the best entry points for their portfolios, and to interpret charts and graphs.
Bonds
BONDS are loans between governments and corporations. A bond is a loan in which both the principal and interest are repaid at a specific date. As interest rates fall, bond prices increase and vice versa. A bond is bought by an investor to earn interest and wait for the borrower's repayment of the principal.
Stocks
STOCKS INVOLVE SHARES OF OWNERSHIP IN A CORPORATION. Shares represent a fractional portion of ownership in a business. If you have 100 shares of XYZ Corp. you are a shareholder and can vote on company matters. You also receive dividends when the company earns profits. Dividends are cash distributions paid out to shareholders.
ETFs
An Exchange Traded Fund is a security that tracks an indice of stocks, bonds or currencies. ETFs trade just like stocks on public stock exchanges, which is a departure from traditional mutual funds. The iShares Core S&P 500 eTF, NYSEARCA SPY, is designed to follow the performance Standard & Poor's 500 Index. This means that if SPY was purchased, your portfolio would reflect its performance.
Venture Capital
Venture capital is the private capital venture capitalists provide for entrepreneurs to start new businesses. Venture capitalists provide financing to startups with little or no revenue and a high risk of failure. Venture capitalists usually invest in early-stage companies such as those just beginning to get off the ground.