Financial Planning in Glenelg, MD

If you’re looking for a financial planning firm to help manage your assets and prepare for retirement, you want to be confident the advisor you work with has your best interests at heart. One of the best ways to achieve this is to hire a fee-only Certified Financial Planner. CFPs are among the most knowledgeable financial professionals in the industry, and by being fee-only, you can rest assured that their interests will align with your own.

Financial Consulate serves Glenelg, Maryland with a high degree of expertise and ethics. We follow a strict code of values—which includes being honest and fair in all our dealings—and we comply with the rigorous standards set by the National Association of Personal Financial Advisors (NAPFA).

Looking for fee-only financial advisors “near me”? Contact Financial Consulate to learn more about fee-only retirement planning or to request a Financial Physical®.

Glenelg Fee-Only Financial Advisors

Professionals in the investment industry can make money in two ways: commissions and fees. It was once the norm for brokers to collect commissions on the sale price of investment products. However, because this can lead to conflicts of interest, the most scrupulous advisors have switched to a fee-only system.

What Does a Fee-Only Financial Advisor Charge?

Fee-only financial planning is when the advisor collects a percentage of the assets they manage, giving the advisor an incentive to build your overall investment portfolio so both parties benefit. Don’t confuse “fee-only” with “fee-based,” a confusing term some planners use that means they collect commissions and fees.

As a fee-only certified financial planner, you can trust the professionals at Financial Consulate to always put your needs first. We never collect commissions, kickbacks, or referral fees to prevent any possible conflicts of interest.

Retirement Planning in Glenelg

You have worked hard to build your career over the past few decades. Now, you’re wondering when you can settle down for a comfortable retirement. With retirement planning services in Glenelg from Financial Consulate, we’ll help you develop a financial strategy to help you live a comfortable lifestyle after you stop working. Here are some of the critical factors we analyze:

  • Accumulated assets and debts
  • Estimated earned income and expenses from now until retirement
  • Rate of return on existing investments
  • Income needs and expenses after retirement
  • Current and post-retirement tax income and capital gains tax rates
  • Required minimum distributions and related taxes
  • Social Security, Medicare, and Medicaid eligibility and benefits

Investment Advisory & Wealth Management

Monitoring and acting upon the continually changing investment market is a delicate and time-consuming affair that is rife with potential pitfalls. The experienced and ethical investment advisory team at Financial Consulate in Glenelg can help by diversifying your portfolio and monitoring its progress with regards to your financial circumstances and life events.

Our wealth management team takes the time to carefully assess the various aspects of your financial standing before making any advisement. This gives us an insider’s view of your specific situation so that we can formulate individualized investment recommendations that suit your situation.

Certified Financial Planners (CFP) in Glenelg

It’s important to only trust your investment portfolio to a Certified Financial Planner, or CFP. These professionals are licensed by the CFP Board after completing the following qualifications:

  • Earn a bachelor’s degree from an accredited university
  • Complete the CFP Board financial planning education requirements
  • Complete the seven-hour CFP Certification exam
  • Gain three years of qualifying work experience
  • Pass the Candidate Fitness standards and background check

The financial advisors on our team are all highly qualified to manage your financial investments. At Financial Consulate, we pride ourselves on the high level of education, credentials, and experience we can bring to our clients to ensure you have a successful financial future.

Contact a Fee-Only Retirement Planner in Glenelg

Whether you’re looking for advice only or a professional to manage your assets at a reasonable rate, Financial Consulate has you covered. Our CFPs are educated, certified, and trained to advise you on important financial decisions to help grow your net worth to enjoy your golden years in comfort. Plus, since we offer fee-only retirement planning, you can have complete confidence in our services.

To speak with a Certified Financial Planner in Glenelg about your wealth management needs, please contact Financial Consulate.