It’s a common myth that financial advisors only work with people who’ve amassed a great deal of wealth. While it’s true that some wealth management firms might only take on affluent clients, HighPoint Advisors, LLC welcomes all individuals, families and businesses regardless of age, background or wealth. If you’re unsure about when you should seek the services of a financial advisor, consult the following examples.
According to the Pew Research Center, four in ten adults under the age of 30 have student loan debt. After obtaining a degree, you’ll need to start or continue paying down your student loan debt in order to increase your net worth. A financial advisor can help you come up with a strategy that works for your current situation and financial goals.
When you accept a new job, it’s important to reevaluate your finances. At this time you may be offered new retirement savings opportunities and other financial benefits, and the guidance you receive in managing these benefits can have a significant impact on your future. Working with a financial advisor, you’ll be able to learn what can be done to improve your current and future financial situation.
You’ve said, “I do.” Now, it’s time to analyze your financial goals. With two incomes to consider, it’s a good time to speak with a financial advisor who can help you make decisions about retirement planning, estate planning, life insurance, wealth management and much more.
Are you planning on purchasing a new house? Buying a home can be complicated, and you need to know how much you can afford before you make a final decision. A financial advisor can help you determine how much house you can afford, so you can make a well-informed purchasing decision.
If you and your partner are expecting, it’s time to reexamine your wealth management strategy to ensure a bright tomorrow for the newest member of your growing family. Ask about college planning services and life insurance, so you’re prepared for whatever the future may bring.
While some purchases, like buying a new house or a new car, can be planned for, other purchases may come as a surprise, such as replacing kitchen appliances or putting in a new HVAC system. Consulting with a financial advisor can help you assess how to appropriately manage these expenses and guide you toward a solution that works for you.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.