Seeking a wealth management firm that can guarantee optimal financial, tax, and estate returns is what I am looking for. In a recent discussion with Fidelity, I felt that rather than them providing proactive assistance, it was my responsibility to ask the correct questions and find the proper answers. Does anyone know of a company that offers more in-depth, practical advice?
It largely depends on what you are seeking and your level of assets. For most people, Fidelity, Vanguard, and robo-advisors are good options.
Fidility can introduce wealth management, nevertheless, you must have a sizable balance under Fidelity or the brokerage where you keep your money. I don’t think CPF is qualified to analyze estate and tax laws. Most talk more than they really do.
On the Schwab website, it states that when you use their wealth management services, multiple professionals work together to achieve your goals. Similarly, a Fidelity financial planner mentioned they would connect me with estate planners.
I have to interview a few to determine who is the greatest. inquiring about costs. % of total deposit. frequently on the funds, either with a high expense ratio or institutionally.
They don’t give out tax guidance.
What you are looking for is an advisor who is a fiduciary. They are required to act in your best interest. Make sure to hire one only if they have a designation such as CFP, CPA, CFA, etc.
Any thoughts or recommendations regarding choosing Schwab/Fidelity over regional businesses?