Creative Money LLC provides professional financial planning services to the Seattle community. The team is made up of highly-qualified professionals who are committed to helping clients achieve financial independence. The company's founder, Mindy Crary, has a master's in business administration and has over two decades of experience working in the big financial industry. She is also a certified coach.
Advice only financial advisors
Advice only financial advisors in Seattle provide hands-off financial planning. They provide advice on portfolio investments and offer suggestions, but do not push clients to make specific investments. Having said that, they also provide information about potential investment opportunities, which can be valuable. Many clients have reservations about these advisors.
It is a great idea to hire a financial advisor in order to develop a long-term investment plan. They can help build an investment portfolio to help you reach your financial objectives, including retirement. Additionally, local advisors will have a good understanding of the Seattle area's economy and its employers.
Financial advisors that charge a fee
There are two types Seattle's financial advisors. Fee-based or fee-only. A fee-only advisor is compensated only through fees from their clients. This is in contrast to a fee-based financial advisor, who receives incentives or commissions from the financial product companies. The result is an inherent conflict. Additionally, the law requires a fee-only advisor to act only in the clients' best interest.
Fee-based financial advisors charge a flat fee. This fee can vary from one client to the next. A fee for services varies from $600,00 to $1 million, but it is usually based on the client's net worth. Many fee-based financial advisors in Seattle offer comprehensive wealth management strategies. Not only can they help you manage your portfolio, but they also offer tax planning, estate planning, retirement planning.
Firms that specialize in wealth management
Seattle wealth management agencies offer a range of services which include investment management and financial planning. They work with individuals and companies of high net worth to help them achieve their financial goals. They can help you find the right combination of financial and investment management strategies for your financial situation.
Miller Advisors, a free-standing wealth management company that charges no fees, is one of the best wealth management companies in Seattle. Miller Advisors provides comprehensive services that include investment management, retirement planning estate planning, family business planning, and estate planning. The firm includes a group of estate planners, attorneys and certified financial planners. The combined experience of the team is 50 years. They have extensive experience helping families to manage their finances.
Financial advisors are expensive
Fees for financial advisors vary depending on whether the fee is hourly or fixed. Some financial advisors charge an hourly rate while others charge an annual one percent fee. Asset management fees are charged at a range of $230 to $7500.
Before hiring an advisor, it's important that you know what each advisor charges. Some advisors charge an hourly rate for certain services, which you may not need. Some also charge a one-time fee for answering limited questions. A good financial advisor is interested in building a long-term partnership with their clients.
FAQ
What is the difference?
An advisor gives information on a topic. A consultant provides solutions to problems.
To help clients achieve their goals, a consultant works directly with them. Advisors advise clients indirectly via books, magazines, lectures and seminars, etc.
Who hires consultants
Many organizations have consultants who help them with projects. These can include small businesses and large corporations, government agencies as well non-profits and educational institutions.
Some consultants work directly with these organizations while others freelance. The hiring process will vary depending on the complexity and size of the project.
When hiring consultants, you will probably go through several rounds of interviews before choosing the person you think would be best suited for the position.
Can anyone become a consultant
A consultant is someone that helps you achieve your goal. They can offer advice on how to do it better, faster and cheaper.
A consultant can help you solve problems, make decision, or negotiate with people.
Consultants are often hired to help with specific tasks and projects.
Consultants are often paid per hour or daily rather than per project.
Do I require legal advice?
Yes! Consultants often create contracts with clients without getting legal advice. This can lead into problems down-the-road. For example, what happens to the contract if the client terminates it before the consultant has completed? Or, what happens if the consultant doesn't meet the deadlines set forth in the contract?
Avoid any legal issues by speaking with a lawyer.
Why would a company hire a consultant?
Consultants offer expert advice to help improve your business' performance. Consultants are not here to sell products.
A consultant is a person who helps companies make better choices by providing sound analysis, and making recommendations for improvement.
Senior management teams often have consultants working closely with them to help them understand their needs.
They provide coaching and leadership training for employees to enable them to achieve their peak performance.
They can help businesses reduce costs, streamline processes, and increase efficiency.
Do I need a degree to be a consultant?
You can become an expert in any subject by learning the subject thoroughly, then applying what you have learned.
You can learn all you need to know to become a great consulting professional by starting to study now.
A degree without relevant experience may make it difficult for you to be hired. If you have demonstrated that you have studied the same subjects as those who received the jobs, then you may still be eligible to apply.
But remember, employers will always look for candidates with real-world expertise.
How do you choose a consultant to help me?
There are three main factors to consider:
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Experience - How experienced is this consultant? Is she a beginner, intermediate, advanced, expert, or something else? Does her resume reflect the knowledge and skills she has?
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Education - What did this person learn during school? Did he/she pursue any relevant courses once he/she graduated? Are we able to see evidence of his/her learning through the way he/she writes
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Personality - Are we attracted to this person? Would you want this person to work for you?
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The answers to these questions help determine if the consultant is right for our needs. If there are no clear answers, then it might be worth an initial interview to learn more about the candidate.
Statistics
- My 10 years of experience and 6-step program have helped over 20 clients boost their sales by an average of 33% in 6 months. (consultingsuccess.com)
- So, if you help your clients increase their sales by 33%, then use a word like “revolution” instead of “increase.” (consultingsuccess.com)
- Over 62% of consultants were dissatisfied with their former jobs before starting their consulting business. (consultingsuccess.com)
- WHY choose me: Why your ideal client should choose you (ex: 10 years of experience and 6-week program has helped over 20 clients boost their sales by an average of 33% in 6 months). (consultingsuccess.com)
- According to statistics from the ONS, the UK has around 300,000 consultants, of which around 63,000 professionals work as management consultants. (consultancy.uk)
External Links
How To
How do I start a consultancy company?
Start a Consulting Company to make some extra money from home. You don't have to have any business experience. To start your own consulting business, you can build a site. Once you've built a website, you'll want to use social media platforms such as Facebook, Twitter, LinkedIn, Instagram, Pinterest, YouTube, etc... to get the word out about your services.
These tools will allow you to create a marketing plan which includes:
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Create content (blogs).
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Building relationships (contacts)
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Generating leads through lead generation forms
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Selling products via ecommerce websites
After you have developed your marketing strategy, it's time to find clients willing to pay for your services. Some prefer to meet up at networking events or go to meetings, while others prefer to use online platforms like Craigslist, Kijiji, and others. Your choice is yours.
Once you have a new client, you need to discuss terms. You can discuss hourly rates, retainer agreements, flat fees, and other options. You need to be clear about what you expect of a client before they accept you as a client.
Hourly agreements are the most commonly used contract type for consultancy service. This contract allows you to pay a fixed amount each week or month for certain services. You may be able negotiate discounts depending on what service you offer. When you sign a contract, make sure you fully understand it.
Next, create invoices for your clients and send them. Invoicing is one of those things that seems simple until you actually try it. You have many options to invoice your clients. Some people prefer to email their invoices directly, while others prefer to mail them hard copies. No matter which method you choose to use, it is important that it works for you.
Once you have completed creating invoices you will want to collect payment. PayPal is preferred by most because it is easy-to-use and offers multiple payment options. You can also use Square Cash, Square Cash (Google Wallet), Square Cash, Square Cash, Apple Pay and Venmo as payment processors.
Once you're ready to begin collecting payments, you'll want to set up bank accounts. You can keep separate checking and savings accounts to track income as well as expenses. It is also a good idea to set up automatic transfers into your bank account for paying bills.
While starting a consultancy company may seem daunting, once you master the basics, it becomes easy to manage. This blog post will provide more information about starting your own consultancy business.
It's a great way for extra income without having to worry about hiring employees. Many consultants work remotely, which means they don't have to deal with office politics or long hours in the office. Being able to work remotely allows you more freedom than traditional employees.