Retirement Advisor Near Me For Wealthy Investors

Retirement planning is an essential task that all wealthy individuals must perform at some point. There are many professionals who offer services related to retirement planning. If you own between $5 million and $500 million in liquid investment assets, you may be wondering, “where do I find a retirement advisor near me?”

At Pillar Wealth Management, we offer premier retirement planning services for high net worth as well as ultra-high net worth individuals. Learn how to boost your retirement savings with our guide for investors with $10 million or more.

STRATEGIES FOR FAMILIES WORTH $5 MILLION TO $500 MILLION

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.

CLICK HERE to qualify for your FREE COPY of this Book

Table of Contents

10 Best Financial Advisors
What is a “Retirement Advisor Near Me?”
5 Important Goals of Retirement Planning
How Much Does a “Retirement Advisor Near Me” Cost?
How Do I Find a Retirement Advisor Near Me?
Why Choose a Wealth Manager Over a Retirement Advisor

10 Best Financial Advisors

Broker	Fees	Account Minimum	Promotion
Facet Wealth	$2,000 and up per year (free initial consultation)	$0	Get 2 free months off your first year of financial planning.*
Vanguard Personal Advisor Services	0.30% management fee	$50,000	None no promotion available at this time
Zoe Financial	Varies by Advisor (free initial consultation)	$100,000	3-Month Satisfaction Guarantee
Harness Wealth	Up to 1% per year	$250,000	$250 off one year of financial or tax planning
Personal Capital	0.49%-0.89% management fee	$100,000	Get 6 months of free wealth management for new clients. Must fund above $250,000 within 30 days of account opening. Terms Apply
Ellevest Private Wealth Management	0.90%	$1,000,000	None no promotion available at this time
Schwab Intelligent Portfolios Premium™	$30 monthly	$25,000	None no promotion available at this time
Betterment Premium	0.40% management fee	$100,000	Up to 1 year of free management for new clients. Terms apply.
Wealthramp	Varies by advisor	$0	None no promotion available at this time
Merrill Edge Guided Investing with advisor	0.85% management fee	$20,000	None no promotion available at this time

10 Best Financial Advisors of December 2022, source: nerdwallet

What is a “Retirement Advisor Near Me?”

If you have never sought our retirement planning services before, you may be wondering what exactly a “retirement advisor near me” is. As their title suggests, a retirement advisor is a financial professional who offers advice related to retirement planning. Please set up an exclusive free appointment with our wealth managers to learn how to work towards your dream retirement.

So, what does a “retirement advisor near me” do? Retirement advisors offer services such as:

• Helping you chart out your retirement goals.

• Identifying any gaps or vulnerabilities in your savings.

• Providing advice making your savings more tax-efficient.

Each of the above services is useful when creating a plan for your eventual retirement. A good “retirement advisor near me” will help take care of your various retirement concerns and offer a pathway towards a comfortable retirement.

5 Important Goals of Retirement Planning

Achieving Your Dream Retirement
Less Stress
Protecting Your Wealth
Understanding Your Own Finances
Maintaining Your Charity Contributions

Everyone has some idea of how they would like to live out their retirement. Some wish to retire early by the age of 40 and spend the remaining decades of their life traveling the world. Others may prefer to retire at 60 and move to a peaceful town with their families.

In each case, it is vital to plan for your retirement beforehand. This is where a “retirement advisor near me” can be beneficial. Some benefits of retirement planning include:

1. Achieving Your Dream Retirement

You may have a set vision in your mind for your dream retirement. However, it can be challenging to turn your dream into a reality if you do not take the right approach. A “retirement advisor near me” can offer advice and set you on the right path to achieve your goal.

This includes helping you create a robust retirement plan that is in-line with your long-term financial goals. You can learn about various portfolio expansion strategies in our special guide.

2. Less Stress

Nobody wants to stress over their future retirement. For many wealthy investors, retirement is a distant thought that should not concern them in the present. However, this approach tends to prolong retirement planning until it is too late.

You can reduce future stress by starting the retirement planning process early and, with the help of a “retirement advisor near me,” slowly working towards building up savings or making the right investments. Read different ways to improve your portfolio performance using our special guide.

3. Protecting Your Wealth

Many wealthy investors are skilled at growing their wealth. However, they may find it challenging to protect the wealth and assets they have acquired over the years. The unfortunate truth is that your portfolio becomes vulnerable to more risks as you expand it.

A “retirement advisor near me” enables you to keep track of your assets and forecast how they can serve you during retirement. This makes retirement planning essential for protecting your wealth in the long run. We discuss why wealth protection is important in our special book for wealthy investors The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies For Families Worth $25 Million To $500 Million.

4. Understanding Your Own Finances

An often overlooked benefit of retirement planning is learning about your own finances. After all, it is vital to look over your finances and assets when planning for the future.

A financial professional such as a “retirement advisor near me” can study your finances and your portfolio in-depth and inform you where you stand. This can be important when assessing the rate your wealth is growing at and whether or not you are on track towards building up enough savings for retirement. Please set up an exclusive free appointment with our wealth managers to get your finances on-track with your retirement.

5. Maintaining Your Charity Contributions

Many wealthy investors donate to charities throughout the course of their lifetime. This activity can be fulfilling for many, so it is natural to want to continue contributing during retirement. However, if you intend to continue living a high-spending lifestyle into retirement, you may not have enough savings to keep up with charity donations. This is one of the unfortunate realities of retirement.

A good “retirement advisor near me” can help you account for this problem beforehand. A retirement advisor can help recommend passive income sources to help fund your charity donations into retirement. We discuss some great investment strategies for passive income in our guide for investors with $10 million or more.

How Much Does a “Retirement Advisor Near Me” Cost?

If you are looking for a “retirement advisor near me” to help you with your retirement plans, you might ask yourself, “how much does a retirement advisor cost?” Retirement advisors charge different fees depending on the type of services you are seeking.

If you intend to meet a “retirement advisor near me” for advice or guidance, they may charge you between $150 and $300 an hour. If you request a retirement plan, they may charge upwards of $1000 for their services. You should be aware of these costs before hiring a “retirement advisor near me.” However, these costs are relatively minor, given the immense value a robust retirement plan provides.

How Do I Find a Retirement Advisor Near Me?

Start Your Search Online
Ask Around
Check Reviews and Ratings
Speak With the Advisor

If you are on-board with using a retirement advisor for your retirement planning, the main question you are wondering is likely to be “how do I find a retirement advisor near me?” There are plenty of financial professionals who offer retirement planning services out there. We recommend using the following steps to find the right person for the job.

1. Start Your Search Online

The internet is the best place to look for retirement advisors. You should be able to find a large number of advisors by simply performing a Google or Bing search for “retirement advisor near me.”

Alternatively, you can also look for financial advisors who offer retirement advisory or retirement planning services. A simple search for “financial advisors who offer retirement planning services” should yield plenty of results.

2. Ask Around

Many of the retirement advisors and financial professionals you find in your search may not be well-suited to serve high net worth or ultra-high net worth individuals. If you want a more fitting professional to help you with retirement planning, it may be worth asking around your network.

If you know any older or senior investors, you should ask them who they recommend for retirement planning. This approach also helps you discover retirement advisors who have been serving the same client for many years.

3. Check Reviews and Ratings

Once you have come up with a decent list of potential retirement advisors in your area, you should thoroughly assess their track record. One of the easiest strategies to do this is to look up reviews and ratings left by their previous clients. However, these reviews should be on general review sites instead of the advisor’s website.

4. Speak With the Advisor

After narrowing down your list of candidates to just a few retirement advisors, you should go ahead and speak to each one individually. This could be an in-person meeting or a phone conversation.

During your meeting, you should explain what your financial background is and what your retirement expectations are. The advisor will then inform you about the services they offer and how they can help you achieve your retirement goals.

You can also use this opportunity to learn the limits of their expertise. Consider asking your advisor some of the questions mentioned in our guide to choosing a financial advisor.

The steps mentioned above are useful for finding any type of financial advisors, and not just retirement advisors. We recommend thoroughly vetting each candidate as you will be entrusting them to plan your future.

Why Choose a Wealth Manager Over a Retirement Advisor

Additional Services
Experience With Wealth Clients
Fee Structure

Before going ahead and picking a retirement advisor, you should know that wealth managers also offer retirement advisory and planning services. Individuals who possess a high net worth or ultra-high net worth often choose wealth managers to handle their retirement planning needs for various reasons. This includes:

1. Additional Services

Wealth managers are a special category of financial advisors that offer a wide range of services. By contrast, other types of advisors offer or specialize in only one or two services.

Some of the services wealth managers offer include:

• Retirement planning

• Investment planning

• Portfolio analysis

• Estate planning

• Insurance planning

You don’t have to use each of these services. However, they can certainly help you during the retirement planning process. For example, you can utilize investment planning services to discover and pick investments that provide passive income for you in retirement. Similarly, insurance planning can help you keep your wealth and assets safe throughout your career and into retirement. Please set up a free appointment with our wealth managers to learn about our full range of services.

2. Experience With Wealth Clients

Wealth managers also stand out from ordinary retirement advisors because they offer services only to clients that have a high net worth or an ultra-high net worth. For example, at Pillar Wealth Management, we take on clients that have $5 million to $500 million in liquid investment assets.

So why is this difference important? A wealth manager is more likely to be familiar with wealthy individuals’ needs and concerns than an ordinary retirement advisor. This is especially true if the latter deals with clients from a wide variety of backgrounds and has limited experience working with wealthy investors.

If you own a sizable quantity of wealth, a wealth manager would certainly fit your needs better than an ordinary retirement advisor.

3. Fee Structure

Another great reason to seek services from a wealth manager is their fee structure. As mentioned earlier, many retirement advisors charge their clients an hourly rate. The costs of using a retirement advisor can quickly add up if you use their services frequently.

This isn’t a problem with wealth managers, as they typically charge a fixed annual fee-based. This means you can reach out to them for assistance without worrying about extra charges.

Why Choose Pillar Wealth Management

If you want to plan for a comfortable and worry-free retirement, you can’t go wrong by choosing Pillar Wealth Management. Wealthy investors from all over the country seek out our expert retirement planning services. They trust our six decades of industry experience and appreciate the personalized service we offer to each and every client. We also provide customizable plans to help meet your unique needs at every turn. Please set up a free appointment with our wealth managers and start planning for your dream retirement.

Authors

Hutch Ashoo

Chris Snyder

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.