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Financial Advisor Seattle

Seattle

826 6th Street South Suite 201
Kirkland WA, 98033
Phone: 925-659-0361
Mon-Fri: By Appointment

How to Find a Financial Advisor in
Seattle

You may be looking for how to find a financial advisor in Seattle. Open Advisors is one of the top financial firms in Seattle. We believe individuals in all stages of life should have access to financial guidance. So we require no minimums to work with us. We also have flat fees because we don’t believe our clients should be punished for their success. As one of Seattle’s top financial firms, we only offer personalized plans, because your financial plan should be as unique as you.

You might be intrigued, but probably want to know more about finding the right Seattle financial advisor. No problem, you probably have plenty of good questions to ask. We’ve put together this article to hopefully answer your top questions. We hope it’s helpful.

What Does a Financial Advisor Do?

If you’re new to this, you’re probably wondering what exactly a financial advisor does with your money. How do they determine what’s best for your hard-earned money? The first thing to understand is a financial advisor does a lot more than just recommend investments. The responsibility of a good financial advisor is to design a personalized financial plan. It should be tailored to meet your short and long term financial goals.

A good financial plan includes strategies for investments, savings, budgeting, insurance, and taxes. Once your plan is set into motion, your advisor continues to work with you to modify as your life and needs change.

How Do You Create a Financial Plan?

The first step of creating a financial plan is filling out a questionnaire your financial advisor will give you. Your advisor wants to get a clear and complete picture of your assets, liabilities, income, and expenses. Your advisor will also want to gauge your risk tolerance.

Once the questionnaire is completed, your advisor will take the information you provided and start designing a comprehensive plan to serve as a roadmap for your future. The plan will be tested with various simulations of best and worst-case retirement scenarios. What if you outlive your money? You’ll need to be prepared for any scenario.

You’ll review your plan with your advisor and make necessary adjustments. Once you feel comfortable, you can put your plan into action and start a new path to securing your financial future with a new level of clarity and certainty.

Who Should Use a Financial Advisor?

Financial advisors can help anyone at any stage in their adult life. They are not only for high-income individuals. Really, anyone that one day hopes to retire could use the services of a financial advisor.

Three good reasons to hire a financial advisor:

  1. You’re not confident about planning your financial future and want the help of a professional.
  2. When it comes to finances you just not motivated enough to put the time in to learn what you need to learn to successfully plan for a secure financial future.
  3. You like managing your finances, but see the value of having an impartial and unemotional third-party opinion from a financial professional.

How Much Will I Spend on a Financial Advisor in Seattle?

How much your Seattle financial advisor will charge you depends on their fee structure. Some advisors charge a percentage of their client’s account balance - typically .25% to 1% per year. It can vary depending on the size of the balance. Other advisors, like Open Advisors, charge a flat fee depending on your needs and requirements.

Are Financial Advisors Worth it?

If you’re wondering if a financial advisor is worth it, you’re not alone. Like most complex questions in life, the answer is - it depends. If you’re thinking “I need a financial advisor,” then you should at least try it out. There are some bad apples out there, but most advisors work hard for their clients. A good financial advisor will earn your trust, prove their worth, and be with you for life.

What type of Financial Advisor Do I need?

The best way to get started with a financial advisor is to get a free consultation. They’ll be able to look at your whole financial picture and determine how they can best serve your needs. As far as types of financial advisors go it’s best to work with a certified financial planner (CFP) or chartered financial consultant (ChFC). They are qualified to create a financial road map to meet your short and long term goals.

Ready to Meet with a Seattle Financial Advisor?

Do you like the idea of building a financial roadmap to secure your future? If you said yes, Open Advisors would love to help you. Creating the future you want starts with a solid plan today. Having a good plan eases stress and the weight of uncertainty. Your financial advisor will work with you every step of the way to create a unique plan to get you to your goals. Your plan will change as your life changes, and your financial advisor will help you navigate those changes and stay on track with your bigger goals.

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