In simple terms what is a Financial Advisor and Fiduciary?
A financial advisor provides personalized investment strategies and financial planning tailored to each individuals needs. They provide ongoing guidance to navigate the changing investment and economic landscape to make sure their clients stay on track to meet their goals. A fiduciary is legally and ethically bound to act in the best interest of their advisory clients. They manage their clients’ assets and provide financial advice while acting in the client’s best interest.
The answer depends on different factors — the complexity of your finances, how comfortable you are managing investments, where you are in your financial journey, and where you'd like to be.
When it comes to financial planning, people often think of it in terms of their retirement and investment goals. However, life can be complex and full of moments where a sound financial strategy is critical.
Are you financially prepared for a life-changing event? Change is the only constant in life and identifying when you need assistance is the first step in helping you prepare for these events now or in the future.
Investment concepts and financial planning do not come naturally to everyone. That’s why we’re committed to educating our clients. At Shoreline Wealth Management, we believe that our clients are better positioned to reach their goals with education as the foundation for their financial plans. Our commitments are to communicate clearly, have less corporate feel with more personal touch, offer transparency in costs and tailor a plan specifically for you.