Being independent advisors means that we can consider and recommend a wide range of investment products to attend to our clients’ needs. This is because we are accredited to various product providers, which widens our clients options. In contrast, advisors who are ‘tied’ to only one investment firm/provider will base their client advice solely on behalf of that provider and what they offer.
There are many advantages to choosing an independent advisor to manage your financial needs. Here are just a few reasons why Finpas feels that our independent advice can enhance your financial journey.
1. A Close and Trusting Relationship with your Advisor
In order to provide our clients with the best investment options for them, we take the time to get to know them personally and to build a strong foundation for the ongoing relationship that we wish to pursue with them.
Tony and our team have created a warm and comfortable environment at Finpas. Our goal is to make our client’s feel as secure as possible to disclose any trusted and important information.
We want you to be sure that you can trust us and know that we always have your best interest at heart when it comes to the management of your finances and our impartial advice.
2. Clients' Needs and Interests are put First
Most independent firms are owned by the advisors who run them. This creates a greater sense of accountability and responsibility to their clients, as all liability would fall on them.
There is a duty in putting the clients’ best interests first, while remaining professional and objective with our product providers and options.
In Finpas’ case, the entrepreneurial factor has also formed a greater sense of value in our business, as everything from the brand to the environment we provide is unique and our own. Our clients experience this and feel a sense of belonging and security. This has created a humbling sense of loyalty to Finpas that we have seen in our client base over the last 28 years.
3. A Wider Variety of Product Providers/Packages Available to Clients
Independent advisors have the advantage of selecting from a variety of different product providers and investment options based on the client’s individual needs and goals. The advisor is not limited to certain products, but rather accredited with multiple product providers, of which the best choice for the client’s context can be chosen.
These options are presented and explained to the client, and they are actively involved in the decision-making process. This gives our clients a feeling of security and autonomy over their investment decisions.
4. A Financial Plan Customized to YOU
Because independent advisors are not tied to specific investment houses or risk cover providers, they are able to review a client’s situation and choose the relevant and best options for that client.
Independent advisors put together a completely unique client portfolio, personalized to your situation regarding finances, objectives, lifestyle and desires.
5. The Greatness of being Small.
In large brokerages, the main goal of employees is often to make sales to gain incentive. This means that the client’s well-being does not always motivate the advisor, and the product provided may not always be suitable for them.
At Finpas, it is in our best interest to provide products to our clients that are in their best interests. Having just two advisors and a smaller client base allows for the trusted and intimate relationship mentioned above to form between the client and advisor. Moreover, it gives our advisors the opportunity to offer bespoke personal financial plans, financial products and advice to each one of our clients, based on their motivations, and not driven by an incentive.
6. Assistance in Planning for the Future and Goal Setting
Many people struggle to set goals for themselves or to plan for the future of themselves and their loved ones. Having an independent advisor that knows and understands their client’s circumstances allows for objective advice to be given in these crucial, but often overlooked areas.
At Finpas, our advisors use a life-coaching approach with our clients. This gives the clients an understanding of why planning for the future and setting goals is important and encourages them to have an active role in participating in this process.
The services offered by Finpas include Estate Planning, Retirement Planning, Project Planning, Protection Planning, Tax Structuring, and Investment Planning. You can learn more about our services here or fill out a contact form specifying the service you are interested in, and we will get back to you!
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