In the following podcast, Andrew Thompson, a Director with SC&H Group’s Personal Financial Planning practice, provides insights into the benefits of engaging a financial advisor who takes an integrated, empowering approach to wealth management.
Working with a financial advisor can be confusing and disenchanting. After all, advisors often don’t gain a full understanding of their clients’ financial lives, consider the impact of taxes, or display a rationale for how portfolios are constructed or managed.
Therefore, to get the most of your advisor relationship, it is important to work with a firm that listens, enables easy access to information, and integrates key service offerings.
For instance, the advisor should listen more than they talk. This allows them to truly understand your values, ensuring that investments are consistent with your goals, fees, taxes, and behavior.
Also, the advisor should use technology to provide you with 24/7 access to your financial plan and corresponding portfolio. In addition, technology should allow you to communicate via your most preferred manner, such as virtual meetings.
Finally, the advisor should alleviate your frustrations by allowing financial affairs to be managed by the same team. For example, more than 20 years ago, SC&H Group’s Personal Financial Planning practice began offering tax preparation and financial planning services under the same roof, which ensures clear communication and a consistent approach.
Ultimately, by working with an advisor whose approach incorporates each component, you will enjoy a more satisfied experience where your interests and goals come first.
To discuss how SC&H’s Personal Financial Planning team can help you develop a comprehensive financial strategy that incorporates your needs and goals, contact Andrew here.
Securities offered through Triad Advisors, Inc. Member FINRA, SIPC. Investment Advisory Services offered through SC&H Financial Advisors, Inc. SC&H Financial Advisors, Inc. and Triad Advisors, Inc. are unaffiliated entities.