This is the place to go if you're searching for an Indianapolis financial planner. Castle Investment Advisors, which is registered with the SEC, focuses on managing personal assets, charitable trusts and retirement funds. Private family foundations are also included. Castle Investment Advisors also has a separate division called Castle Valuation Group that prepares business valuations, for both publicly and privately owned companies. Castle Investment Advisors can help you make the transition from retirement to selling your business.
Fiduciary financial advisors put clients' interests before their own
Fiduciary financial advisors are financial advisors who put the best interests of clients first. Fiduciaries work under strict legal guidelines, and they never receive compensation from the companies they recommend. This ensures that their advice is objective and free from conflicts of interests.
Fiduciary financial planners will invest your money responsibly and with diligence. They will always put your interests above their own and never recommend anything without your consent. A fiduciary adviser can help you to find the best investments, rebalance and provide security.
Senior financial advisors
Senior financial advisors can help seniors save money and avoid falling for fraud. To meet your loved person's needs and financial goals, it is crucial that you choose the right advisor. The goals of a senior who is looking to increase retirement savings are often different than those who are more concerned with carefully managing their existing nest egg.
Many Indianapolis businesses offer financial advisory services to senior citizens. CFG Wealth Management Services is an example. This Indianapolis firm offers retirement planning, investment management, and educational services to its clients. This team has more than 30 years of combined experience in asset and retirement management. Each advisor has been certified as a financial planner.
Fee-only advisors
For your financial planning needs, a fee-only advisor in Indianapolis is a good choice. These financial advisors offer services such as investment management, tax planning, and retirement income planning. They are independent fiduciaries that earn their compensation directly from their clients, eliminating potential conflicts of interest arising from commission-based arrangements.
The cost of a fee-only financial advisor in Indianapolis depends on the fiduciary. They charge either a flat fee of $1,000-$2,000 or an hourly fee of $200-500. Additionally, you may have to pay a $100-$1000 per month retainer fee to continue asset management. A few advisors also charge commissions from specific products or a percentage for the entire portfolio.
Costs of working with an advisor financial advisor
You can expect to pay a wide range of costs when working with a Indianapolis financial planner. However, there are a few things you should keep in mind when deciding which adviser to choose. Be sure to inquire if the adviser is a fee-only. This will ensure you receive advice that is in your best interest. Additionally, a fee-only financial advisor is less likely to push unnecessary products on you.
Next, you should consider whether the advisor is a fiduciary, which means that they are legally bound to put their clients' best interests first. The companies that they recommend do not pay a fiduciary. Instead, they are compensated only for recommending products that you would be most interested in.
FAQ
What are some of the advantages to being a Consultant?
Consultants often have the option to choose when and what they do.
This means that you are able to work from wherever you're at any time.
This allows you to easily change your mind and not worry about losing your money.
Finally, you have the ability to control your income levels and establish your own schedule.
How much do consultants make?
Some consultants earn more than $100k per year, but most consultants earn between $25 and $50k. The average salary for a consultant is $39,000. This includes both hourly and salaried consultant.
Salary depends on the experience of the consultant, their location, industry, type and length of the contract (contractor or employee), as well as whether they have their own office or work remotely.
How do I get clients to my consulting business?
It is important to identify an area of passion. You can choose to be passionate about anything, from public relations and social media. You might have to start small, such as by finding niche markets like web design. Once you have discovered the niche, understand what it does. What problems can it solve? What are the benefits? What can you do to support them?
You can also try approaching businesses directly - perhaps they need someone who understands SEO or content creation, or maybe they just want to know where to go for advice on social media strategy.
If all else fails, why not offer your services at free events like networking evenings and conferences? You'll meet many potential customers without spending money on advertising, and you'll be able to show off your skills.
Statistics
- Over 50% of consultants get their first consulting client through a referral from their network. (consultingsuccess.com)
- My 10 years of experience and 6-step program have helped over 20 clients boost their sales by an average of 33% in 6 months. (consultingsuccess.com)
- WHY choose me: Why your ideal client should choose you (ex: 10 years of experience and 6-week program has helped over 20 clients boost their sales by an average of 33% in 6 months). (consultingsuccess.com)
- 67% of consultants start their consulting businesses after quitting their jobs, while 33% start while they're still at their jobs. (consultingsuccess.com)
- So, if you help your clients increase their sales by 33%, then use a word like “revolution” instead of “increase.” (consultingsuccess.com)
External Links
How To
What should I do to get started with a consulting business?
Start a Consulting Company to make some extra money from home. You don't need any previous business experience or investment capital. A good place to start your own consulting company is to build a website. You can use social media platforms like Facebook, Twitter, LinkedIn and Instagram to promote your services.
With these tools, you can put together a marketing plan that includes things like:
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Writing content (blogs).
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Contacts are essential for building relationships
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Generating leads (lead generation forms).
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Selling products through ecommerce websites
After you have developed your marketing strategy, it's time to find clients willing to pay for your services. While some people prefer to attend networking events and groups, others prefer online methods like Craigslist, Wikijiji, or Kijiji. The decision is up to each individual.
Once you've found new clients, you'll want to discuss terms and payment options. You can discuss hourly rates, retainer agreements, flat fees, and other options. It's important to know what you expect before accepting a client so you can communicate clearly throughout the process.
The most common type of contract for a consultancy service is an hourly agreement. This agreement allows you to agree to provide services at a fixed price each week or month. You might be able, depending on which service you offer, to negotiate a discount. Make sure you understand what you are signing when you accept a contract.
Next, create invoices and then send them to clients. Invoicing can be a complicated task until you actually attempt it. There are many different ways to invoice your clients, depending on your preferences. Some prefer to send their invoices directly by email, while others prefer to print and mail hard copies. No matter which method you choose to use, it is important that it works for you.
After creating invoices are complete, you will need to collect payments. PayPal is preferred by most people because it is simple to use and offers many payment options. Other payment processors such as Square Cash. Google Wallet. Apple Pay. Venmo.
Once you're ready for collecting payments you'll need to set up bank account. Having separate checking and savings accounts allows you to track income and expenses separately. Automated transfers into your bank account are a great way to pay bills.
When you start a consultancy business, it may seem overwhelming, but once you learn how to do it correctly, it becomes second nature. You can read our blog post to learn more about how to start a consultancy business.
A consulting business is a great way of making extra money without worrying about your employees. Remote consultants don't need to be tied down by office politics or work long hours. Since you are not tied down by regular working hours, you have more flexibility than a traditional employee.