The Top Financial Advisors in the U.S.

Finding a Top Financial Advisor Firm

CAPTRUST Background

CAPTRUST was founded in the year 2003. James Fielding Miller, the CEO and co-founder of the company, is currently in charge of the executive team. The CapFinancial Group, LLC is the holding company that owns the corporation’s shares.

Certified public accountants (CPAs), accredited investment fiduciaries (AIFs), chartered financial analysts (CFAs), certified fund specialists (CFSs), certified investment management analysts (CIMAs), Certified Financial PlannersTM (CFPs®), and chartered financial consultants (ChFCs) are just a few of the certifications held by the advisory team at CAPTRUST.

CAPTRUST has a number of branches nationwide.

CAPTRUST Investing Strategy

CAPTRUST employs an investment philosophy that includes building a portfolio specifically for each customer. Although clients can place some limits on how their money is handled, portfolios are often constructed taking into account the client’s net worth, tax situation, time horizon, financial goals, and personal risk tolerance. However, the firm may choose to reallocate assets or even reorganize the portfolio as it ages and returns impact its allocations.

Depending on your needs and objectives, the firm may use either long-term or short-term purchases within your portfolio. CAPTRUST often makes investments in options, fixed-income instruments, mutual funds, and equities. The company also provides a wrap fee scheme that combines advice and transactional costs into a single charge.

You can attain your financial objectives with the invaluable advice of a financial counselor. Financial planning, investment management, retirement income planning, and other services are among the many services provided by advisors. It will probably take some investigation, comprehension of your financial status, and basic industry knowledge to choose a financial counselor. The crucial actions you should take to choose a financial advisor who can assist you and your family are listed below.

Step 1: Determine What Financial Services You Need

Asking yourself this straightforward question at the outset of your search for a financial advisor—sometimes referred to as a “financial adviser”—should be your first step.

Thousands of advisors provide a wide range of services in the financial consulting sector. Some concentrate on retirement or investment management, while others emphasize comprehensive financial planning. Many cater to certain clientele, including business owners or high net worth individuals. Finding a good counsel requires knowing what you need.

Here are some common areas of need that a financial advisor may help you with

• Portfolio management: Advisor manages an investment portfolio or retirement account according to client’s time horizon, risk tolerance and other factors.
• Retirement planning: Advisor works to build a financial plan for retirement that typically covers taxes, investing, income and more.
• Financial consulting: Advisor will help answer questions about various areas of financial planning.
• Estate planning: Advisor works with clients to build plans for their estates, including trusts, wills, philanthropic giving and more.
• Tax planning: Advisor helps clients build plans for minimizing their taxes over the short and long term.
• Insurance needs analysis: Advisor works with clients to identify areas where insurance could help them.
• Education planning: Advisor aids clients in leveraging tools like 529 plans to help them save for their children or grandchildren’s education.
• Business succession planning: Advisor works with business owners to build a financial plan around selling their business or passing it on to heirs.

Step 2: Understand What a Financial Advisor Is

An expert who assists clients in making decisions on many facets of their financial lives is known as a financial advisor. A financial advisor can provide advice on tax preparation, investment management, and retirement planning.

The phrase “financial advisor” was used to refer to a variety of jobs in the financial sector until recently. Reg Best Interest (Reg BI), a new rule from the U.S. Securities and Exchange Commission (SEC), has restricted who is able to use the moniker, though. Investment advisor representatives or registered investment advisors (RIAs) are common designations for financial advisors.

On the other hand, broker-dealers will typically be in violation of the Reg BI capacity disclosure rule if they use these phrases in their names or titles when offering retail customers investment advice.

A person or business that is registered as an investment advisor with the SEC or a state securities regulator is referred to by this legal designation, which is sometimes spelled with a “e” by government organizations.