Have Any Questions?
+1 (800) 669-6780

Financial Planner San Diego

Do you live in San Diego and have liquid investable assets worth $5 million or more? If yes, you definitely need to think of how you can safeguard and grow your wealth. And the simplest way to do this is by working with the best financial planner San Diego. But the question arises – how do you really find a knowledgeable, trustworthy, reliable, and competent professional? The state or federal government doesn’t regulate financial planners, which means that anyone can start offering such services. Hence, it’s incredibly important for you to ask the right questions and choose the best professional for your financial needs and requirements. To help you with this mammoth task, we have written a guide for investors worth $10 million on how to find the best financial advisor.

7 Secrets minified

7 Secrets To High Net Worth Investment Management, Estate, Tax and Financial Planning

The insights you’ll discover from our published book will help you integrate a variety of wealth management tools with financial planning, providing guidance for your future security alongside complex financial strategies, so your human and financial capital will both flourish.

Clients frequently share with us how the knowledge gained from this book helped provide them tremendous clarity, shattering industry-pitched ideologies, while offering insight and direction in making such important financial decisions.

At Pillar Wealth Management, we work with wealthy families and individuals, who have liquid investable wealth ranging from $5 million to $500 million, make smart financial decisions. We do this by having detailed conversations with our clients regarding their financial needs and goals. This allows us to develop customized investment and financial strategies that can help them attain financial stability and serenity. Want to initiate your journey of becoming financially stable? Head over to our website to book a free meeting with one of our team members.

Table of Contents
What Does A Financial Planner at San Diego Do?
Do You Need A Financial Planner San Diego?
What Is the Procedure to Hire A Financial Planner in San Diego?
Enlist Pillar Wealth Management for Financial Planning

What Does A Financial Planner at San Diego Do?

A common question that many people in San Diego ask is what does a financial planner at San Diego do?

Well, the simple answer to this question is that financial planners in San Diego facilitate high net worth and ultra-high net worth individuals and families to accomplish their long and short-term financial goals. Financial planners perform their job by holding a detailed meeting with their clients to know about the targets they wish to meet, their risk-bearing ability, time horizons, etc. After they get exhaustive information, they begin identifying a category of pertinent investments for them.

Besides, financial planners even curate plans to help their clients attain their financial objectives by allocating their assets into different investments to develop a steady stream of income. In essence, financial planners offer a number of investment and financial-related services to their clientele, such as the ones discussed below.

• Balance Sheet Optimization

• Risk Management

• Portfolio Management

• Wealth Transfer

To get more details about the services you can get from our team at Pillar Wealth Management, click here to register for an absolutely free consultation with us.

Balance Sheet Optimization

While tangible assets might form a major part of your wealth, they cannot really help you in purchasing goods and services. Thus, not having enough adequate cash or other liquid assets can sometimes force you to sell your real assets at highly discounted rates. Nevertheless, having too much liquidity is also not advisable for you as it can expose you to counter party risk. So, you need to diversify your balance sheet to minimize risk and be able to deal with unforeseen financial situations.

Meticulous balance sheet optimization refers to the process of adjusting your balance sheet as your financial situation evolves. This helps to ensure that the balance sheet accurately reflects the changing priorities in your life.

At Pillar Wealth Management, we will study your complete balance sheet and help you track how much you have in financial assets (cash, bonds, stocks, etc.), real assets (real estate, commodities, collectibles, etc.), and debt (credit card debt, loans, mortgages, etc.). Our team will optimize your balance sheet in a manner that you have sufficient liquidity to buy whatever you want whenever you want to.

Risk Management

Amassing an empire worth millions is no easy task. In fact, you probably have invested multiple years, if not decades, to grow your wealth to such a level. Hence, to ensure that your hard-earned wealth stays protected from risks, you have to take on a set of appropriate steps to secure it. For instance, one critical shift you need to make is to stop assuming that your portfolio is risk-tested. Read our handy guide to learn four other necessary shifts essential for maximizing portfolio growth strategies.

To facilitate you, financial planners in San Diego provide risk management services, which encompasses properly diversifying your investment portfolio and smartly allocating your assets. This ensures that your assets are effectively shielded from volatile market trends.

Additionally, financial planners will even help you avail the most suitable insurance plan so that you and your loved ones remain financially secure in case you develop a chronic illness or long-term disability.

Portfolio Management

Portfolio management refers to the art of selecting and arranging a group of investments that attain a high net worth or an ultra-high net worth individuals’ long-term financial objectives. The primary purpose of portfolio management is to strike the right balance between investment returns and risk. Many financial experts agree that portfolio management is one of the most crucial techniques an investor should use to increase their investment performance.

At Pillar Wealth Management, we fully acknowledge the fact that every individual has unique financial goals, time horizons, and risk aversiveness. We know that there isn’t a fixed method for developing an ideal portfolio management strategy. Hence, we take into account all such information when evaluating your asset profile and formulating a portfolio management strategy for you. Read our special guide, Improving Portfolio Performance, to learn about the techniques you can use to achieve the maximum possible investment performance.

Wealth Transfer

Like many other wealthy individuals, you might want to transfer a specific percentage of your wealth to your children or any charitable trust once you reach a certain age. You might think that the procedure will be quite uncomplicated and won’t necessitate much effort on your part. Well, sadly, there are numerous hurdles that you can encounter in the process of wealth transfer. For instance, you might end up paying exorbitantly high amounts to Uncle Sam, which can eat away a considerable percentage of your wealth. In our book, The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies for Families Worth $25 Million to $500 Million, we take an in-depth look into the problems associated with wealth transfer. 

To facilitate affluent individuals such as yourself, several financial planners in San Diego specialize in offering wealth transfer services. They use a combination of financial planning vehicles, such as wills, life insurance, estate planning trusts, etc. At Pillar Wealth Management, we are highly experienced at creating holistic inheritance and transference plans to make sure your wealth reaches the people or organization you want tax-efficiently.

financial planner san Diego

Do You Need A Financial Planner San Diego?

Now that you have a fair idea of what a financial planner does, you might think, do you need a financial planner? After all, there’s plenty of information available on the internet that you can use to perform all these tasks on your own.

While this is absolutely true, you need to understand that the information you get online isn’t necessarily in line with your financial circumstances and requirements. So, if you want a financial plan that’s purely aligned with your goals and strategies, you need to work with a financial planner. In fact, here is a list of situations in which working with a financial planner is almost unavoidable.

You Don’t Have the Time to Manage Your Finances.

Handling your finances is a task that requires immense experience, skills, and knowledge, and thus, not everyone can manage it themselves. Being a wealthy individual, you most likely have a hectic routine with little time to spare on learning the complexities of financial planning.

Hence, in such situations, you need a financial planner who has the necessary skillset required to handle such a massive amount of wealth. Financial planners have educational qualifications and professional experiences that have equipped them to take up this complex role. They have complete knowledge regarding the latest market trends and use it to curate the ideal financial plan for you.

However, you have to be mindful of the fact that not all financial planners are the same. If you wish to work with the top financial planner, you need to read this guide on how to pick the best financial advisor.

You Are Going Through A Significant Change in Life

All significant changes that occur in your life lead have a certain financial impact too. For instance, if you are getting married, you will have to combine the finances with your partner. Similarly, if you’re having a baby, you will have to think of their future educational expenses.

Typically, life events such as buying a home, getting married, investing in a business, having kids, etc., all have financial impacts. If you are experiencing such a life change, you can significantly benefit from unbiased financial planning advice. Read our ultimate guide here and get to know what a financial expert should do when there is a change in your life situation.

You Want An Objective Opinion on Your Investments

There are several investors who choose not to work with a financial planner. They feel that they’re financially wise and don’t want to pay the management fees that accompany a financial planner.

But here’s the catch – no matter how much you learn about investing, you will never be as proficient as someone whose daily job is to manage other people’s investments. Plus, at the end of the day, you’re human and can sometimes make irrational choices.

If working with a financial planner saves you from making one unwise move every year – or identifies an opportunity that you perhaps missed – you can potentially improve your investment returns, despite the management fee. Click here to start your free meeting with our team of experienced financial planners.

What Is the Procedure to Hire A Financial Planner in San Diego?        

There are several financial planners who provide financial planning services in San Diego, so it’s recommended to evaluate each one before choosing the right professional for this job. Here is a list of ways to choose and hire a financial planner. 

Online Directories and Listings

Various financial planners work for consultant groups or agencies. You can find these professionals by simply searching online.

On the other hand, you can search for private financial planners who aren’t associated with any firm. A quick Google search can help you discover multiple private financial planners who provide their services in San Diego.

Go Through the Testimonials

After you have shortlisted five to six financial planners, you should check the testimonials for each one. These testimonials will give you insight into their credibility.

It is highly advised that you read testimonials left by previous clients with a somewhat similar net worth to your own. Make sure to carefully check for any complaints regarding the professional’s services, knowledge, and mode of communication.

Schedule A Meeting

Your next step to hire a financial planner is to personally speak to each one, as this is the best way to gauge their credibility and reliability. You should try to set up a phone call or a face-to-face meeting with them at your earliest.

In this meeting, you should tell the financial planner about your existing financial circumstances and where you want to be in the future. You should also ask them about their fee structure, experience levels, and the kind of clients they generally work with.

It’s essential to see how the financial planner responds to the queries you put forth. Their responses should be concise and direct instead of generalized and vague. After all, the one-size-fits-all approach really cannot be used with financial planning.

Enlist Pillar Wealth Management for Financial Planning

If you want to work with a wealth manager who can assist you with financial planning, you should definitely opt for Pillar Wealth Management. Our team of professionals has an incredible joint experience of over sixty years in wealth management and can develop tailored financial strategies to help you meet your needs.

Affluent individuals and families across San Diego avail our services for our team’s reliability and expertise. Get in touch with us for a free appointment to start your financial planning journey.


To be 100% transparent, we published this page to help filter through the mass influx of prospects, who come to us through our website and referrals, to gain only a handful of the right types of new clients who wish to engage us.

We enjoy working with high net worth and ultra-high net worth investors and families who want what we call financial serenity – the feeling that comes when you know your finances and the lifestyle you desire have been secured for life, and that you don’t have to do any of the work to manage and maintain it because you hired a trusted advisor to take care of everything.

You see, our goal is to only accept 17 new clients this year. Clients who have from $5 million to $500 million in liquid investable assets to entrust us with on a 100% fee basis. No commissions and no products for sale.

More from authors.

Related Post

  1. Tax State Residency – Determining your tax state residency can help you avoid dual taxation, thereby protecting…
  2. Independent Financial Advisors – Struggling to make decisions about what to do with your money? This is where independent financial advisors…
  3. Wealth Management Charles Schwab – Charles Schwab is an investment management platform that offers a wide range of…
  4. Minneapolis Wealth Management – As a resident of Minneapolis and, more importantly, as someone with $5 million to $500 million in liquid assets…