FIC Blog

We believe in – and live by – a philosophy of excellence.

Average is not good enough … Our goal at Family Investment Center is excellence. We find excellent investment products and supervise an excellent service package. We maintain a library of excellent research materials and financial planning resources. We also demand top safety and security for our clients.

We won’t settle for average. We continually seek top managers or securities and meld them into superior custom portfolios. Each palette of investments is carefully tailored to personal or family goals. We enlist excellent managers, research, resources, and effort for our clients. Don’t settle for average. You deserve excellence.

Please search our blog posts for answers to common investment questions, and we look forward to sharing our knowledge and experience with you first-hand.

What is an Investment Advisor and Why Does it Matter?

How Your Goals Can Get a Boost With an Investment Advisor in Your Corner

 

Who do you trust with your money? Or, who do you trust to advise you about what you should do with your money? Too many people might offer up the following: “Friends, family and co-workers.” Unfortunately, these people, while highly trusted for a number of reasons, shouldn’t be a source of expertise when it comes to your investments. That is best left to an investment advisor.

Why not friends, family and co-workers? The reason is simply because they’re telling you what worked for them, and their situation is likely much different from yours. What worked for them might be a choice that isn’t right for you. Getting objective advice from a professional can give you a personalized plan for your unique situation.

Ask Yourself Questions About Your Investments
Have you been asking yourself if your money is in the right place or earning what it needs to earn in order for you to meet your goals? If you already have an advisor, have you wondered if they are offering objective advice? And what are they charging? When you have a fiduciary in your corner, you don’t have to worry about getting conflicting advice, and as a fiduciary, they are required to be transparent about their fee structure.

Why a fiduciary, you ask? A fiduciary is required to put your best interests first - not their own profits. A fiduciary won’t take a commission on products they sell to you, which means any advice they offer will not be motivated by lining their pockets with money.

What’s an Independent Financial Advisor?
Independent Registered Investment Advisors, or RIAs, work in independent advisory firms that offer personalized advice, which is especially beneficial if you have complex needs regarding your finances.

Many RIAs are also fiduciaries, which means they’re held to high standards of care. Furthermore, they’re registered with the Securities and Exchange Commission or their state securities regulators.

What’s the Benefit of Working With an RIA?
One of the most common reasons people say they like working with an RIA is that they develop a personal, attentive and responsive relationship with them. Furthermore, the guidance they offer is customized because no two people are alike, nor do they have the same goals. Their fee structure should be simple and transparent, meaning you never have to wonder if you’re getting charged hidden fees that you will find out about later.

At Family Investment Center, we’ve established ourselves as a fiduciary since day one. Our investment professionals have years of experience and work as a team to serve clients well. Talk to us today and let’s talk about you – your life, your goals and your future. Let us develop strategies to fit your unique situation.

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