Broad Financial LLC Shows You How to Protect Your Money and Earn More
Introduction
Broad Financial LLC is a company that provides financial planning and investment advice to individuals and businesses. They offer a wide range of services, including retirement planning, estate planning, and investment management. In this review, we will look at their services and see how they compare to other companies in the industry.
History of Broad Financial LLC
Broad Financial LLC is a company that has been in business since 2006. They are headquartered in New York, and they have offices in Boston, Los Angeles, and San Francisco. The company has a team of financial planners and investment managers who collaborate with clients to help them reach their financial goals.
Broad Financial LLC is a fee-only financial planning firm, which means that they do not receive commissions for selling products or services. This allows them to provide unbiased advice to their clients.
Services of Broad Financial LLC
The company offers diverse services, including retirement planning, estate planning, investment management, and tax preparation. Retirement planning includes helping clients choose the right retirement account type, contributing to an IRA or 401(k), and withdrawing money from a retirement account.
Estate planning includes creating a will, trusts, and Powers of Attorney. Investment management includes managing a portfolio of investments, including stocks, bonds, and mutual funds. The company also offers tax preparation services for individuals and businesses.
Fees of Broad Financial LLC
The company charges an annual fee for its services. The fee is based on the assets under management. For example, if you have $100,000 in assets under management, the annual fee would be $1000.
The company also offers discounts for clients who sign up for multiple services. For example, if you sign up for retirement planning and investment management services, the annual fee would be reduced to $1500.
Reviews of Broad Financial LLC
Broad Financial LLC has mostly positive reviews online. The company has an A+ rating with the Better Business Bureau and is accredited by them. They have been in business for over 14 years and have helped many people reach their financial goals. Their website is user-friendly and offers many resources to help you make informed decisions about your finances.
Real Customer Reviews of Broad Financial LLC
I have been working with Broad Financial for over two years now. During that time, they have helped me save for retirement, invest in a rental property, and create a budget. I am very pleased with the services they have provided.
Satisfied Customer
Broad Financial has been a great help to me in managing my finances. They are always available to answer any questions I have and provide helpful advice.
Satisfied Customer
I would highly recommend Broad Financial to anyone who is looking for financial planning or investment management services. They have a lot of experience and knowledge, and they are always willing to help.
Satisfied Customer
Questions to Ask Before Investing with Broad Financial LLC
Before you invest with Broad Financial LLC, it is important to ask some questions. Here are some things you should consider:
Pros and Cons of Broad Financial LLC
Here are some pros and cons of investing with Broad Financial LLC:
Pros:
Cons:
Steps to Invest with Broad Financial LLC
If you are considering investing with Broad Financial LLC, here are some steps you should take:
FAQs About Retirement Planning, Estate Planning, and Tax Preparation
Estate planning is the process of creating a will, one or more trusts, and Powers of Attorney.
Investment management is the process of managing a portfolio of investments, including stocks, bonds, and mutual funds.
There are many types of retirement accounts, including traditional IRAs, Roth IRAs, and 401(k)s.
Traditional IRAs are retirement accounts that offer tax-deferred growth and allow you to make tax-deductible contributions.
Roth IRAs are retirement accounts that offer tax-free growth and allow you to make after-tax contributions.
A 401(k) is a retirement account offered by many employers. It offers tax-deferred growth and allows you to make pre-tax contributions.
There is no one-size-fits-all answer to this question. It depends on your particular circumstances, such as your age, income, and retirement goals.
Some key tips for estate planning include:
Some key tips for investment management include:
A budget is a plan for how you will spend your money. It includes income, expenses, and savings.
A financial planner helps you set financial goals and create a plan to reach those goals. An investment manager helps you choose investments and manage your portfolio.
If you need help with goal setting, creating a budget, or investing your money, you should use a financial advisor. A financial advisor can also help you with estate planning and tax preparation.
There are many reasons to hire someone for tax preparation, including:
An accountant is someone who has earned a degree in accounting. A tax preparer is someone who has completed a tax preparation course.
There are a few things to look for when finding a good tax preparer, including:
There are a few ways to protect your investments after you die, including:
Some key tips for retirement planning include:
Some common mistakes people make when planning for retirement include:
Everyone who wants to retire someday needs retirement planning. This includes saving money, investing money, and creating a retirement income plan.
The best age to start retirement planning is as soon as possible. The earlier you start, the more time your money has to grow.
Estate planning is important for everyone, but it is especially important for people who have many assets or have complex financial situations. Estate planning can help you protect your assets and distribute them according to your wishes.
An estate plan can help you:
Your estate plan should include:
You can collaborate with a financial advisor, an attorney, or a combination of both to create your estate plan. They can help you determine what type of documents you need and how to protect your assets best. You can also trust Broad Financial LLC.
You should review your estate plan at least every five years or whenever there is a major life event, such as getting married, having a child, or buying a home.
Some common mistakes people make when choosing a financial advisor include:
A fiduciary is a legal term that refers to someone required to act in your best interests. Not all financial advisors are fiduciaries, so it’s important to ask if they are before you collaborate with them.
When you are looking for a financial advisor, you should consider:
It would help if you also looked for an advisor you feel comfortable working with and who understands your financial goals.
Bottom Line
If you're looking for help with your finances, Broad Financial LLC is a company that offers a wide range of services that can assist you. They have a team of experienced professionals who will collaborate with you to create a budget, save for retirement, invest in property, etc. You can feel confident knowing that BBB has accredited them, and they have an A+ rating.