Why use a local, independent financial advisor?
- Accessibility & Convenience
Even simple tasks can become a hassle when your advisor lives out of state. Everyday activities like making additional deposits, processing withdrawals, or getting emergency cash are more complicated because documents have to be mailed back and forth.
Studies have shown that many people feel their financial advisor doesn’t contact them frequently enough. It is common for this problem to worsen when the client moves out of state and contact becomes even more difficult.
Each state has unique registration requirements that can restrict an out-of-state advisor from processing transactions that are in the client’s best interests. These registrations often take time and cost money to acquire.
The challenges facing retirees are unique. While most advisors in the country work with pre-retirees to help them accumulate wealth, a local advisor that specializes in working with retirees will have a better understanding of what it takes to make sure you don’t run out of money in retirement. Legacy planning is another area in which we as local advisors specialize.
- Community Involvement
At Swofford Financial, we host educational and entertaining events that can give you an opportunity to meet other retirees with similar interests. In the past, these events have included golf lessons, wine tastings, baseball games, international cuisine and more.
- Related Services
Because financial planning, tax preparation, and legal services are inextricably linked, it is important for your financial advisor, CPA, and attorney to share information with ease. When all three are in the same area, this makes things easier for the client.
Securities and advisory services offered through Geneos Wealth Management., Inc. Member FINRA, SIPC. Prosperity Partners Wealth Management and Geneos Wealth Management, Inc are separate companies. Geneos does not provide tax or legal advice; consult your tax or legal advisor regarding your particular situation.