Finance
When looking for an investment advisor, you can choose either a traditional individual service provider or an online agency or an automated Robo advisor. Fees may vary depending on the type of advisor. Here are two things to consider when looking for an investment advisor.
Look At The Services You Need
You just need help choosing the right investments. Alternatively, you may need additional services such as insurance or estate planning. Determining your service needs will help you make an informed decision.
Know Your Budget
A personal advisor offering comprehensive advice is expensive. On the other hand, an internet service provider may be more affordable. Know your budget to choose the right service provider.
Regardless of the type of investment advisor you choose, it’s important to check their qualifications and registration. The selected advisor must meet all fiduciary requirements for maximum benefit.
Markets are experiencing extreme volatility during the COVID-19 pandemic. In the midst of this uncertainty, there has never been a greater need for the best investment advisors to offer their clients sound advice to protect their investments.
Here are the top three wealth advisors in the country
Jeff Erdmann, Greenwich, Connecticut
Team Assets (Retained – $8.6 billion)
Jeff is the founder of the Erdmann Group, which serves a select group of successful high net worth clients. He prepares investment strategies according to the client’s needs. Jeff and his team work with ultra-wealthy clients to amplify their problems while taking advantage of the opportunity to build massive wealth over the years. Erdmann Group focuses on dedicated services, intellectual rigor and customized design according to customer needs. Jeff began his career at Merrill Lynch in 1984 and is a nationally recognized investment advisor. The minimum size for new corporate accounts is $2.5 million, and the typical household account size is between $2.5 million and $1 billion.
Brian C. Pfeifler, New York
Team Assets (Retained – $5.2 billion)
Brian is a financial advisor at Morgan Stanley. He worked in the industrial union for more than 27 years. Brian is licensed by the US Securities and Exchange Commission and the Financial Industry Regulatory Authority (FINRA). Total assets under management (AUM) are approximately $729.2 billion across two million accounts. The minimum size for new corporate accounts is $25 million, and typical household accounts range from $25 million to $100 million.
Christopher Errico, New York
Team Assets (Retained – $2.2 billion)
Chris began his career in financial services in 1990. His association with UBS began in 2007 and he is currently a member of the board of Pinnacle. Over the years, Chris has been among the top financial advisors in the country in various organizations. While working with Morgan Stanley, he was recognized as a member of the company’s Chairman’s Club. The minimum size for new business accounts is $2 million, and the typical household account size is between $5 million and $100 million. The above are some of the best investment advisors in the country and are used by some of the biggest high net worth investors.
