A Guide to Selecting Investment Firms in Logan, UT
Are you considering working with investment firms in Logan, UT, to grow your wealth or prepare for the future? This article offers tips for choosing an investment firm that can put together and manage a portfolio on your behalf. We also discuss some key qualities to consider when selecting investment firms in Logan, Utah.
What Investment Firms Do
Investment firms can offer a range of services to help you invest your money wisely, including putting together and managing a portfolio of investments aligning with your financial goals and risk tolerance.
Although each firm is unique, investment firms may offer additional services, such as financial planning, retirement planning, and tax-efficient investing. These firms often employ experienced financial advisors who can guide you through the process and make recommendations based on your unique situation.
Key Qualities to Consider in an Investment Firm
Our wealth management firm is independent, fee-only, and fiduciary. We think this combination helps build trust with clients, who are entrusting their hard-earned wealth to us. In your search for an investment firm, you might consider these traits as well:
Fiduciary responsibility: A fiduciary is legally obligated to put your interests above their own. Choosing a fiduciary firm can help ensure that the advice you receive is unbiased and in your best interest.
Fee-only structure: Fee-only investment firms charge clients directly for their services rather than earning commissions from selling products. You might consider a fee-only firm since they generally have fewer conflicts of interest and are more likely to provide unbiased advice.
Independence: Independent investment firms are not affiliated with any large financial institutions, which can increase objectivity since these firms are not beholden to another company.
In addition, you might consider a firm that is goals-based. A goals-based investment firm will focus on aligning your investment strategy with your financial goals, such as saving for retirement, buying a home, or funding a child’s education.
Finding Investment Firms in Logan, Utah
Now that you have an idea of the qualities you might want in an investment firm, here are some tips on how to find the right one in Logan, Utah:
Online research: Start your search by conducting online research to identify investment firms in the area. You can use search engines, online directories, and financial websites to compile a list of potential firms. Be sure to visit each firm’s website to learn more about its services, philosophy, and process.
Recommendations: Ask friends, family, and colleagues if they have any recommendations for investment firms in Logan. Recommendations can be a valuable source of information, as they often come from individuals with firsthand experience working with the firm. You might also ask professionals such as your CPA or estate planning attorney for referrals.
Professional organizations: Professional organizations, like the National Association of Personal Financial Advisors (NAPFA), can help you find a qualified investment firm in Logan. These organizations typically have online directories that allow you to search for firms based on location, services offered, and other criteria.
Once you have a list of potential investment firms, schedule a call with them. This will give you an opportunity to ask questions, discuss your financial goals, and get a feel for their approach and expertise.
Schedule a complimentary, 15-minute call with a fee-only, fiduciary financial advisor today to discuss your personal situation.
This material was generated using artificial intelligence (ChatGPT) and edited by Kaleido Inc. from information derived from sources believed to be accurate. This information should not be construed as investment, tax, or legal advice.
Parkshore Wealth Management is a family-owned, independent, fee-only Registered Investment Advisor with offices in Roseville and Folsom, CA, and Lehi and Logan, UT. We partner with financially responsible individuals and families who are eager to take positive steps that will allow them to use their money to build the life they desire. The firm is led by Harold Anderson, CFP®, and Daniel Andersen, CFP®, both members of NAPFA, the country’s leading professional association of fee-only financial advisors.