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Financial Advisor San Ramon

San Ramon

3000 Executive Parkway, Suite 400
San Ramon, CA 94583
Phone: 925-659-0361
Mon-Fri: By Appointment

How to Find a Financial Advisor in
San Ramon

Because we believe everyone in all stages of life should have access to professional financial guidance we require no minimums. In addition, we choose to charge flat fees because we don’t punish our clients for success. When your wealth grows, we don’t take more. As one of San Ramon’s top financial firms, we offer every client a personalized financial plan designed to meet their unique short and long-term goals.

You still might want to know more about how to find the right San Ramon financial advisor. We understand that you have questions. So we’ve put together this article that answers the most frequently asked questions that individuals new to financial planning want to know. We hope this helps, and we can’t wait to hear from you.

What Does a Financial Advisor Do?

If you’re wondering what exactly does a financial advisor does, you’re in the right place. You probably understand that they help manage money and investments. But you might not know how they arrive at the decisions they make. The most important thing to know is that that financial advisor does much more than just recommend stocks and investments. The main goal of a good financial advisor is to create a tailor-made financial plan designed to achieve your short and long terms goals.

A solid financial plan will include strategies for investments, savings, budgeting, insurance, and taxes. Once your plan is in motion, your advisor will continue to work with you to modify it to meet your needs and goals as your life changes.

How Do You Create a Financial Plan?

Your financial advisor will give you a questionnaire to begin the process. The goal is to get a complete picture of your assets, liabilities, income, and expenses. You’ll also note pensions, income sources, retirement needs, and describe any long-term financial obligations. The questionnaire will also ask you about your risk tolerance.

The first step to creating a financial plan is filling out a questionnaire that your advisor gives you. The questionnaire will ask you questions about your assets, liabilities, income, and expenses. It will also collect information about pensions and retirement goals.

After you complete the questionnaire your advisor will take your answers and develop an outline for a potential financial roadmap. You, financial advisor, will run the plan through various simulations to test its strength best-case and worst-case scenarios. There are no guarantees in life, but we can prepare for different outcomes. A solid financial plan will inform you how prepared you are to face an uncertain future and get you to your goals.

The final step is reviewing the plan with your advisor and making any adjustments. After it’s complete you’ll be ready to move forward with confidence having a clear roadmap for the future and a new level of clarity.

Who Should Use a Financial Advisor?

The reality is anyone, at any stage in life, can work with a financial advisor. It’s not necessary to have accumulated large amounts of wealth and assets to benefit. Ideally, any individual that has a job and someday would like to securely retire in comfort would use the services of a financial advisor.

Here are three good reasons to hire a financial advisor:

  1. You don’t feel confident when planning for your financial future and want professional expertise to help assure you’re making the best choices.
  2. You’re not motivated to learn everything you need to know to create a comprehensive financial plan. You’d rather hire a professional and spend your downtime focusing on other interests.
  3. You enjoy managing your money, but see the value in hiring a third-party professional to give you an unemotional opinion.

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

How much your San Ramon financial advisor will charge you depends on the fee structure they use. Some advisors charge a percentage of their client’s account balance - typically .25% to 1% per year. It varies depending on the size of the balance. Open Advisors charge a flat fee depending on your needs and requirements. When your wealth grows, you keep it, we don’t take any more than we did on day one.

Are Financial Advisors Worth it?

Anyone considering the services of a financial advisor rightly wonders “are financial advisors worth it?” It’s a fair question, but like many things, it just depends. If you’ve ever found yourself thinking “I need a financial advisor,” then you should at least try one. Getting a free consultation will cost you nothing but some time. The potential gains are well worth the time.

What type of Financial Advisor Do I need?

Both certified financial planners (CFP) and chartered financial consultants (ChFC) are safe choices when it comes to choosing a financial advisor. They are trained in assessing your whole situation and help you create a comprehensive plan that takes everything into consideration. If you’re not sure what kind of help you need, the advisor can help you determine that during your free consultation.

Ready to Meet with a San Ramon Financial Advisor?

If building a solid roadmap to help you meet your short term and long term financial goals sounds good, Open Advisors would love to help. Getting on the right financial path is easy once you have a plan to follow. The first step is figuring out where you are today, and where you want to be in the future. Remember, your financial roadmap will change with your life, and your advisor will guide you through those changes to ensure a safe and predictable journey.

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

Put your goals into action!

Schedule a Free Consultation