When I chose to enter the financial field, I did it to empower business owners, women and families. Women like me who had been told they couldn’t learn about money or investing, that their husbands would take care of finances. Business owners who need advice on succession planning and planning for retirement.
While the internet provides a vast amount of information about investing, it doesn’t provide in-person meetings and customized plans that you can get while working with a professional, but not all firms are the same.
Types of Firms
If you’re thinking about investing for retirement, saving for college, or rolling a retirement account from a previous employer into your own account, there are three types firms to consider:
- Banks – Because banks are not traditionally investment firms, they often cannot deliver the level of customer service or knowledge of other firms. They’re banks, focused on personal banking and lending, offering limited investment options. Even if you purchase stocks and bonds from a bank, they are not insured by the FDIC but are under the Financial Industry Regulatory Authority (FINRA).
- Investment Firms – Focused on investing, these firms offer an array of investment options and are highly regulated by the Financial Industry Regulatory Authority (FINRA). While they provide specialized investment knowledge, they may be limited in what they can offer to their clients.
- Independent Advisors – While independent advisors have an oversight company and are regulated by the Financial Industry Regulatory Authority (FINRA), advisors have more flexibility in how they can market and manage their business.
I chose to be an independent advisor because it offers me flexibility and technology to find the best investments for my clients. Regulated by FINRA, the governing body for financial advisors, I offer securities through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC.
What does that mean for the community? It means connecting in the following ways:
- Building relationships with referral partners who offer legal, accounting, insurance, and personal and business budget coaching, just to name a few.
- Hosting educational community events on topics like saving for college, retirement funding, and succession planning for business owners.
- Flexibility to find the best products and investments that help my clients meet their financial goals, and the technology to smoothly execute transactions.
- Connecting with the community on Facebook and LinkedIn.
If you’re seeking more information about investing for your financial future, please call me at 480-397-1184. I look forward to talking to you.