Services financial offered by Hearon Advisory Group:
Fee Based Advice
Tax Deferred Annuities
Hearon Advisory Group services financial clients seeking life insurance. Life insurance allocates economic resources should you die prematurely. Life insurance provides dependents with income in the event of your death. Life insurance also provides emergency funds for medical, legal, and funeral costs. Hearon Advisory Group, through it’s affiliate Suncoast Financial Marketing, Inc., can provide you with a written quote for all types of life insurance coverage. This includes Whole Life Insurance and Term Life Insurance.
Hearon Advisory Group services financial analysis for Sarasota and the surrounding southwest Florida area. In regards to financial planning of investment and asset management, it is always wise to review your current financial planning and get a second opinion. Whether you use a broker, a financial planner, or self manage your own investments, Hearon Advisory Group provides all prospective clients a complimentary financial analysis.
Services Financial Analysis include:
Investment fee analysis
Bond ratings and allocation
Life and long term care review
Contact Hearon Advisory Group today to receive a complimentary financial analysis. 941-955-4100 or use our easy contact form.
Fee Based Advice
A fee based services financial planner is officially termed a “fiduciary.”
Bruce Hearon services financial clients as a fee based investment adviser representative of Hearon Advisory Group.
Fee based services financial planning expectations
A fiduciary is bound by law and services financial clients with the utmost care and good faith. The maintenance and preservation of the principal’s asset management is protected by law. Compensatory as well as punitive damages may be imposed on fiduciary that errors in investment and asset management.
A fiduciary services financial investments possessing low internal expenses. No load mutual funds, stocks and bonds, and investments that have no fees are examples of how a fiduciary services financial clients. The fee based advisory model provides the highest level of transparency. There is no doubt about who is paying what to whom and why.
Fee based vs commission based
A commission based planner/broker services financial clients based upon the investments he or she sells. A commission based financial planner is typically compensated by earning a commission on each product purchased or sold. It is important for principals to be aware of potential conflicts of interest that may result while a commission-based representative services financial planning.
An adviser who services financial clients must ensure that their recommended investment and asset management is in the best interest of the principal. Financial planning must meet the client’s needs by considering important factors such as age, financial experience, and risk tolerance. Critical asset management decisions include number of years the principal has before retirement as well as the number of years the client will be in retirement. An adviser how services financial planning must respect these client needs.
Hearon Advisory Group services financial planning of investments and asset management. Financial planning is a process consisting of specific steps. These steps help determine where you are financially, and what may be needed in the future to help you reach your goals.
Financial planning by Hearon Advisory Group follows the following steps:
Establishing and defining the client-planner relationship.
Gathering client data, including goals.
Analyzing and evaluating your financial status.
Developing and presenting financial planning recommendations and/or alternatives.
Implementing the financial planning recommendations.
Monitoring the financial planning recommendations.
Hearon Advisory Group financial planning does not provide tax or legal advice. A tax consultant or attorney should be consulted for such advice.
Hearon Advisory Group often services financial clients via Tax deferred annuities. Tax deferred annuities are contracts with insurance companies. The various types of tax deferred annuities include fixed, fixed indexed and variable. A tax deferred annuity has two stages that services financial clients. The first stage is the accumulation phase, where a client makes purchase payments in a single lump sum or on an on-going basis. The second stage is the payout stage, where a client receives income from the tax deferred annuity. Tax deferred annuities accumulate value in one of three ways. A fixed annuity is based on an interest rate set by the insurance company. A fixed indexed annuity is linked to market indices like the S&P 500. A variable annuity has sub account investment and asset management, typically mutual funds.
Get a Complimentary Financial Analysis at http://hearonadvisorygroup.com
Hearon Advisory Group also services financial clients with Fidelity.com website portfolios. Contact us today for more information. Use our easy email form.