Are you in the process of investing in securities and don’t have a clear sought out plan?
Would this be your first time investing in securities?
Are you hesitant owing to bad financial advice in the past to consult a new investment adviser?
If your answer is a yes to all the above questions, you are one among the many people in the states who are akin to this problem of finding a good investment advisory.
Not everyone has the knowledge and know-how of investing in securities and the services of a good investment adviser always comes in handy. You may ask how such advisers help you make sound financial decisions without attracting too many risks. This article will explain you how.
An investment adviser will help make recommendations, issue reports and analyze your investments in a better way. Also known by other names such as a financial adviser or investment consultants, these individuals and entities analyze securities based on its historical performance, current and projected market trends thereby giving investment recommendations to their clients.
Investment advisers who have more than par assets (25 million or more) need to register themselves with the Securities and Exchange Commission(SEC) before qualifying as one. They have a fiduciary duty and are under the obligation to provide the best investment advice to their clients.
Investment advisers are professionals within the financial services industry providing guidance to clients in return for fees. They also have discretionary authority acting on behalf of their clients executing a financial decision for them, all of which are controlled by the Investors Advisers Act of 1940.
Investment advisers can be instrumental in helping their clients negotiate complicated affairs due to their broad background in handling securities which include things like deal structuring, brokerage, and project financing.
An advisory contract is a must when entering into a contract with a client outlining the adviser’s roles and responsibility. This can include the services of the adviser, the accounts, and assets to be managed by the adviser, a brief description of fees and disclosures and other terms.
About Wealth Solutions
Formed in the year 1996, Wealth solutions has a combined 55.0 M total under assets under management and has been at the forefront of the financial services industry providing customized investment solutions to their clients and helping shape their financial goals.
The firm is owned and solely managed by Richard Blair Wealth Solutions, an independent financial adviser with 24 years experience in the financial service sector.
Richard himself has a repertoire of being the best in the industry working with small scale business owners, high net worth individuals and affluent families in his local area of Bee Cave, Texas.
He is a Registered Investment Adviser (RIA), a Certified Annuity Specialist (CAP), a Certified Fund Specialist (CFS), a Certified Income Specialist (CIS), a Certified Tax Specialist (CTS), a Retired Income Certified Professional (RICP) and a Certified Estate and Trust Specialist (CES).