Broker Check

Financial Advisor San Jose

Silicon Valley

2105 S. Bascom Avenue, Suite 300
Campbell, CA 95008
Phone: 925-659-0361
Mon-Fri: By Appointment

How to Find a Financial Advisor in
San Jose

What sets us apart is our belief that individuals in all stages of life should have access to professional financial help. We back this up by requiring no minimums to work with us. Additionally, we charge flat fees. You shouldn’t be punished for success. As one of San Jose’s top financial firms, we only offer personalized plans because your financial plan should be one of a kind - like you.

If you’ve been wondering about how to find the right San Jose financial advisor, you probably still have some questions. Open Advisors has put together this article to answer the top questions new clients ask us. We hope this helps. Please reach out with more questions after reading this. This is only the first step to financial security.

What Does a Financial Advisor Do?

You might already know that financial advisors help people manage money and their investments. But how do they decide on the best way to manage? There are a lot of variables that go into the decisions financial advisors make. The main thing to keep in mind is that a financial advisor does a lot more than just suggest investments. A good financial advisor builds a comprehensive financial plan to help you achieve your short and long-term goals.

A complete financial plan looks at strategies for investing, saving, budgeting, insurance, and taxes. The plan is designed to be flexible and change as your life changes.

How Do You Create a Financial Plan?

When you work with a financial advisor the first thing they’ll do is have you fill out a financial questionnaire. The purpose is to get a big picture shot of your assets, liabilities, income, and expenses. They’ll also ask you about pensions and retirement expectations.

The information from the questionnaire is used to design an outline for your financial plan. The plan will ultimately serve as a roadmap to achieving your future goals. Your advisor will create simulations of best and worst-case scenarios to test the strength of the plan. The plan’s purpose is to prepare you for all possible financial situations while giving you a firm direction to aim. What happens if you outlive your money? A good plan will address a situation like this so you’re prepared.

After you fine-tune the plan with your advisor, the plan is ready to start working for you.

Who Should Use a Financial Advisor?

Anyone, at any stage in life, will benefit from working with a financial advisor. Financial advisors are not only for the wealthy. Anyone who has a job and would one day like to retire comfortably and not worry should work with a financial advisor.

Here are three good reasons to hire a financial advisor:

  1. You enjoy managing your money, but understand the value in using a professional and unemotional third-party expert opinion.
  2. You’re just not that interested in learning about financial planning. You’d rather hire a professional and spend your extra time doing things you enjoy.
  3. You don’t feel 100% confident planning for your financial roadmap and want a professional to guide you to ensure it’s solid.

How Much Will I Spend on a Financial Advisor in San Jose?

How much your San Jose financial advisor charges depends on their fee structure. At Open Advisors, we charge a flat fee depending on the level of service you would like. Other firms charge a percentage of your account balance. The downside to that is the more wealth you accumulate, the higher the fees they collect from you.

Are Financial Advisors Worth it?

Are you wondering if a financial advisor is worth the cost? You can certainly manage your finances, but at what cost? Like many things, the answer is “it depends.” If you’re saying to yourself “I need a financial advisor,” then getting a free consultation is definitely worth your time. During your consultation, you can ask all the questions you want, and get a real sense of working with a financial advisor will work for you.

What type of Financial Advisor Do I need?

Working with either a certified financial planner (CFP) or a chartered financial consultant (ChFC) is a good choice. During your free consultation, the financial advisor will be able to evaluate where you’re at and what steps you need to take to get on track to meeting your long term goals. If you’re not sure what your goals should be, they can help with that too.

Ready to Meet with a San Jose Financial Advisor?

Are you ready to start designing a financial roadmap that will get you to your financial goals? Open Advisors would love to help. We work with you every step of the way no matter where you are in life. You’ll get a financial plan custom-tailored for you and your goals. Your plan is a living plan that will change as your life changes. And your financial advisor will be there to help you navigate those changes as they arise.

It’s never too early, or late, to get organized and on the path to security.

Financial Advisor San Jose

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