Our Services: FAQ's

On your radio show, you talk about a financial road map. What is it?

A financial road map is a financial plan. We like calling it a road map because it explains what a financial plan really is in terms we can all understand. You start a plan by figuring out where you are now. Then you consider where you want to be at a certain point in time and the best way to get there, much like a road map. You have a starting point and a destination. The road map shows you the way.

What is an investment strategy, and why do I need one?

An investment strategy, as part of your overall financial plan, is unique to each client and situation. The investment strategy targets specific investments based on your goals, risk tolerance and time line to retirement.

If I contact you for an initial consultation, am I obligated to work with you?

No, there is no obligation for you to work with us. The initial consultation is a time for us to get to know each other, for us to learn about your financial situation and your goals and to see if you feel we are a good fit for helping you to achieve your goals.

Do you consider my risk tolerance when developing a plan to reach my financial goals?

Yes! Considering your risk tolerance is a key component to any good financial plan. We’ll also consider your time line until retirement which has a significant impact on your risk tolerance.

The current economy is volatile, and I’m afraid the money I’ve saved so far won’t be enough for retirement. Are there guaranteed investments that offer a reasonable yield to help me reach my goals?

Yes, there are savings vehicles that offer guaranteed returns. The key is separating savings vehicles from investments so that you have a consistent income throughout retirement while your investments continue to grow.

I’m concerned about my family’s financial future when I die. How can I provide for them so they don’t have to worry about money when I’m gone?

This is something we hear from several of our clients. To answer this question, we need to look at what income and assets you have now that will continue after your death, and we need to estimate what your family’s needs will be. Then we look at what life insurance you currently have in place, and discuss the options for filling any gaps between what you have and what you need.

I really like my current advisor, but it’s my money and I’m the one at risk. Is it OK for me to get a second opinion?

Absolutely. There are a lot of advisors out there, but many of them apply the same investment advice and financial strategies to all of their clients at all stages of their lives. Some of them know how to invest in a bull market, but may not really understand how a bear market works. You want an advisor who understands both types of markets and keeps up-to-date on economic trends and who questions traditional financial thinking – which isn’t working any more.

You also want an advisor who specializes in income, distribution and investment strategies in retirement. With so many different factors at play during retirement, your pre-retirement strategy is probably not appropriate.

Think of your current advisor as your family doctor, someone who grows with your family, taking care of most of your needs. As you get older though, your needs change. Maybe you have a heart condition. Would you go to your family doctor for that, or would you seek a specialist? We’d want the specialist.

Select an experienced advisor you can trust who looks closely at your individual financial situation and your accumulated wealth and tailors a financial plan and investment strategies specifically for you. Even if you like your current advisor, it costs nothing to shop around to see if you’re getting the planning and investment options you deserve.

What is a qualified plan? How do I know if I have one?

A qualified plan is a retirement plan that accepts pre-tax money for contributions. The qualified plan can be an employer-sponsored plan like a 401(k) plan or an individual plan like an IRA. For a complete definition of the term qualified plan, visit IRS.gov.

How are you compensated for your work?

I am compensated two different ways, one is fee-based and the other is commission-based.

Do you represent one company or multiple companies?
I believe in providing a variety of products and services to my clients, selecting the ones that best meet their needs. To achieve this, I am an independent investment broker representing multiple companies. As a result, I am able to offer a wide range of quality products and services.

What does IAR stand for?

IAR stands for Investment Advisor Representative.

What does RIA mean?

RIA means Registered Investment Advisor.



Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Adviser

Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Insurance and Annuity product guarantees are subject to the claims-paying ability of the issuing company, and are not offered by Global Financial Private Capital.

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