Many people leave their financial advisor confused about what’s happening to their money.
We try to do things differently at Taylor Financial Group.
Our advisors are just as good at explaining our services as they are at providing them. We know that good communication with our clients is one way we help you live your life to the fullest.
Our Personal Touch and our Commitment to our Clients Change Lives.
As your trusted advisor, we’re focused on adding convenience and simplicity to your life.
We consider financial planning a “calling” and so we dedicate ourselves to each and every client in a way that is very unusual in today’s fast paced world. We have an experienced team serving a limited number of families so that we can provide a great client experience and the attention you deserve.
Our tax and legal background allows us to handle whatever you throw our way, no matter how big or small, how simple or complex. We’ll help figure it out and help keep you on track.
We Want to Make Your Life Easier
Our goal is to add convenience to your life and many of our services are designed to do just that. Whether providing investment management, end-to-end financial planning services or working in tandem with your other professionals, we are on your team to offer simplicity and clarity.
Your Dreams Are Important to Us
We want to understand your life so that your financial plan can be designed with your unique needs and personal goals in mind. We continually evaluate your plan to make sure you are still on track to pursue your goals because we want to provide you with financial confidence.
We help clients act SMART (Save More After Retirement Taxes)
Our goal at TFG is to decrease our clients’ taxes as much as possible in retirement in order to build wealth during their lifetime (and for generations to come). We educate and empower our clients to take control of their future in a “SMART” way.
Our principal and founder, Debra Taylor, is a Certified Public Accountant (CPA) by training and has thus been able to uniquely prioritize retirement and tax planning in her practice over the last twenty years. We use this experience to build customized tax-efficient retirement plans that can help decrease tax bills in retirement and help our clients keep more money in their pockets. Find out more here!
We Speak Your Language
We are a woman-owned firm that is dedicated to serving people like yourself. As a result, we work with you to create a WealthMatch plan that makes sense for you and your family. Once the plan is in place, we will provide you with a clear understanding of what we are doing with your money and what you can expect. We want you to know what’s happening every step of the way.
You should know what you’re paying. We explain our fee structure and the services we offer so that you have confidence that you’re receiving the value you deserve. And, we are always prepared to answer all of your questions. Click here to learn more!
Schedule a "Good Fit" Phone Call
We primarily work with high net worth clients with over $1M in investable assets (excluding real estate), who have complex situations that require our assistance. If this sounds like you and you need help beyond investment management, then schedule your complimentary “good fit” phone call now with Debra Taylor to discuss how we can help you!
What Should I Look for When Choosing a Financial Advisor?
When it comes to finances, many people want to do it themselves.
When it comes to finances, many people want to do it themselves. Some people think that they can do the work as well as an advisor, or think they cannot justify paying a fee for the services provided by that financial professional. In other words, they don’t think the value they would receive is worth the cost.
Do you handle your own finances? Have you wondered what you could gain by working with a financial professional?
Many people consider working with an advisor when their finances have reached a certain point of complexity – they want someone else to step in to evaluate their situation and weigh in on what’s next. Maybe you started your 401(k) through work, then started investing on your own, outside of your employer-sponsored plan. Now you’re thinking about preparing for your next big steps – retirement, paying for your children’s education, a major purchase.
You have saved your hard-earned money, you have invested it, and now it is time to pursue your dreams with the help of a professional. Many people do not have a clue how to start this process or what questions they should be asking when it comes time to sitting down with an advisor/planner.
There are thousands of different financial institutions across the country that work with individuals, families and businesses. Each firm has multiple advisors/planners within those offices. Do you see where I am going? There are a ton of options out there. The process can be overwhelming, especially if this is the first time you are seeking financial advice.
This blog is designed to help you understand what you should be looking for when finding the right fit for you and your individual situation. What should you be asking an advisor when you establish the relationship?
1. Are you a Fiduciary?
A fiduciary is anyone who has a legal responsibility to put the client’s interest ahead of their own. In layman’s terms: The advisor has to do what is best for the client, rather than what is best for themselves. So, for example, the advisor cannot put you in the most expensive product to generate a higher commission for themselves.
An important note: Not all financial advisors are fiduciaries. This does not mean that advisors who do not have a fiduciary responsibility are not acting in your best interest, but rather that those who are fiduciaries are held to the highest standards.
2. What are your fees?
This seems to be a pretty straightforward question, but some people will forget to ask it before they start working with someone. You wouldn’t buy a car without knowing the price, so why do that with your investments? There are a variety of prices associated with a vehicle that depend on the model, class size, condition, etc. The same goes with investment products and services. A smart consumer is an informed consumer!
3. What services are provided within your fee?
Everyone wants to get more “bang for their buck.” So make sure you understand what is included with the fee you’re quoted. After speaking with an advisor, you should know the answer to these four fee-based questions:
- Is that strictly asset management?
- Does that include a comprehensive financial plan?
- Does this give me access to tax services?
- Will I be able to speak to a trust service representative?
Many firms include these offerings within their fee structure; if so, make sure you take advantage of them. Other firms offer an a la carte menu – you will pay for any additional services on top of your asset management fee.
4. Who are my contacts within your firm?
I know this seems like an odd question, but it is an important one to ask. Why? Because as I just mentioned, the firm might provide a variety of services, and it is good to know who to reach when you have a question regarding different topics. Most advisors/planners have a team of individuals surrounding them to help accomplish the tasks at hand. Having access to multiple individuals may get you the answer you are looking for more quickly.
5. How will we communicate?
Much like you want to know who to reach out to when you have a question regarding separate topics, it is also important to know who is going to contact you through the planning process. It’s also important to know how long each process is going to take, when you will receive follow-up information and how the firm communicates. People receive hundreds of junk emails a day and random phone calls. To maintain the most effective relationship, it is good to know how exactly we should be communicating.
Helping individuals, families, and businesses is one of the many things that we do here at Carson Wealth. If you are thinking about getting help from a financial professional or just want a second set of eyes on your existing portfolio, please reach out to schedule a complimentary informative meeting. For more information or to see how we work to process your investment strategy please take a look at this free guide.