Frequently Asked Questions (FAQs)

Frequently Asked Questions

Q. I already have a 401k/savings account. Why should I speak with a financial advisor?

Whether you’re putting money into an employer-provided 401k, Roth IRA or savings account, getting an objective second opinion about your investments is always a good idea. Speak to a financial advisor about reducing your investment fees, diversifying your portfolio or compare current APRs from various financial institutions to see if there’s a better way to save or compound your returns.

Q. I’m new to investing and don’t know which service applies to me. What should I do?

Simply enter your ZIP code and then select “comprehensive financial planning” from the pull-down menu on our home page. You’ll be matched with an advisor who can answer your questions and help you create an investment strategy that meets your unique financial needs.

Q. I’m worried about outliving my savings after I retire. What advice can you offer me?

Retirement doesn’t necessarily mean your paychecks have to end. Investing in the energy extraction industry, real estate or annuities can generate monthly income for years or decades. If you’re worried about budgeting for healthcare costs or unforeseen expenses, select “retirement planning” from our drop-down menu. We can match you with a financial advisor near you who specializes in that area.

Q. I need help reducing my current debt/managing a household budget. Do I need a financial planner for that?

There are a surprising number of ways to reduce debt and maximize your budget without spending more money each month. After a thorough review of your personal finances, an advisor can help you identify unnecessary expenditures, consolidate loans, reduce interest rates and even refinance your home at a lower mortgage rate. The sooner you speak to someone, the more money you’ll save in the long run.

Q. My parents are getting older. I want to make sure they have a plan in place so I can step in if either one becomes incapacitated. How does that work?

This is commonly known as estate planning. This topic covers everything from gaining access to your parents’ individual and shared accounts to legal issues and more.