What are some popular services for financial advising?

A financial advisor in New London County, CT can provide a wide range of financial advising services to help individuals and businesses achieve their financial goals. From retirement planning to investment management, a financial advisor can offer personalized advice and guidance tailored to each client's unique needs and circumstances. One specific aspect of New London County, CT that a financial advisor may take into account is the area's strong ties to the maritime industry. With a rich history of shipbuilding and fishing, many residents of New London County may have unique financial needs and considerations related to this industry. A financial advisor can help individuals and businesses in this field navigate the complexities of financial planning and management, providing specialized expertise and knowledge to ensure their financial success.

What are people saying about financial advising services in New London County, CT?

New London County, CT is the ultimate destination for anyone seeking top-notch financial advising services. Its strategic location along the eastern coast of the United States, coupled with the presence of a diverse and vibrant community, makes it the perfect place to access a wide range of financial advice. The county boasts of a highly skilled and experienced team of financial advisors who are well-versed in the latest financial trends and regulations. Additionally, the county is home to some of the country's leading financial institutions, which provide a wealth of resources and knowledge to those seeking financial advice. Whether you're a small business owner or an individual looking to invest, New London County, CT offers unparalleled financial advice services that are tailored to meet your unique needs. With its rich history, diverse culture, and thriving economy, this county is undoubtedly the best place to get financial advising.

What does a financial planner do?

A financial planner in New London County, CT is a professional who assists individuals and businesses in managing their finances effectively. They provide financial advice and create customized plans to help clients achieve their financial goals. In New London County, CT, financial planners also have to take into account the unique economic factors of the region. The county is home to the US Coast Guard Academy, which brings in a significant amount of federal funding and contributes to the local economy. Additionally, the county's proximity to the Long Island Sound and the Thames River means that many residents work in the maritime industry. Financial planners in New London County, CT must be well-versed in the intricacies of these industries and understand how they impact their clients' financial situations. With their expertise, financial planners can help clients navigate the complexities of their finances and make informed decisions to secure their financial futures.

When should you get a financial planner?

Residents of New London County, CT should consider reaching out to a financial advisor when they experience a significant life change, such as marriage, divorce, the birth of a child or the loss of a loved one. With its diverse population and unique economic landscape, New London County presents a complex financial landscape that can be difficult for individuals to navigate on their own. From the bustling port of New London to the quaint historic towns of Mystic and Stonington, the county offers a variety of investment opportunities and financial challenges. A skilled financial advisor can help residents understand the risks and opportunities associated with these investments, as well as provide guidance on retirement planning, tax strategies, and estate planning. Whether you are a young professional just starting out or a retiree looking to maximize your income, a financial advisor can help you achieve your financial goals and secure your financial future.

How do I choose the right financial advisor?

A financial advisor in New London County, CT must possess several important qualities to provide exceptional service to their clients. Firstly, they must have a deep understanding of the local economy and financial landscape. New London County, CT is home to several large employers and industries, including the United States Coast Guard Academy and Electric Boat Corporation, which heavily influence the region's economic growth and investment opportunities. Secondly, a financial advisor must possess excellent communication skills to effectively convey complex financial concepts to their clients. They must also be able to listen actively and empathetically to their clients' needs and concerns. Finally, a financial advisor in New London County, CT must be well-versed in the tax laws and regulations specific to the state of Connecticut, which can significantly impact their clients' investment strategies and financial planning. These qualities are essential for a financial advisor to provide the best possible service to their clients in New London County, CT.

What makes New London County, CT the top choice for financial advising?

New London County, CT is home to some of the top financial advising firms in the region. These firms offer a wide range of services, including investment management, retirement planning, and estate planning. One specific aspect that sets these firms apart is their deep understanding of the local economy and its unique challenges and opportunities. With its proximity to major cities like Boston and New York, as well as its thriving maritime industry and world-class educational institutions, New London County presents a complex and dynamic financial landscape. These top firms have the expertise and experience to navigate this landscape and provide their clients with tailored, effective financial advice that helps them achieve their goals and secure their financial future.

How do financial advisors get paid?

Financial advisors in New London County, CT, are compensated in several ways. One of the most common ways is through commissions earned from the sale of financial products such as mutual funds, annuities, and insurance policies. Another way is through fees charged for financial planning services, which may include investment management, retirement planning, and tax planning. Additionally, some financial advisors in New London County may charge a retainer fee or hourly rate for their services. What sets New London County apart from other counties in Connecticut is its diverse population and economy. With a mix of urban and rural areas, financial advisors in New London County must be well-versed in serving clients from all walks of life, including those in the fishing and maritime industries, as well as those in the healthcare and education sectors. This requires a deep understanding of the unique challenges and opportunities facing each client, and a commitment to providing personalized financial advice that meets their specific needs and goals.

Find the Top Financial Advisors Serving New London County, CT

Connect With a Financial Planner

List of Firms

New London County, CT Fiduciary Financial Advisors

Barnum Financial Group, New London CT

3 Shaws Cove UNIT 204, New London, CT 06320, USA

(860) 443-0266

http://www.barnumfinancialgroup.com/

Directions

Peter S. Humphrey - UBS Financial Services Inc.

2 Union St, New London, CT 06320, USA

(860) 437-2008

https://advisors.ubs.com/peter.humphrey/?utm_source=Yext&utm_medium=GMB&utm_campaign=162572&y_source=1_MTg4ODcyMzItNzE1LWxvY2F0aW9uLmdvb2dsZV93ZWJzaXRlX292ZXJyaWRl

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Will Canning - Morgan Stanley

125 Eugene O'Neill Dr Suite 100, New London, CT 06320, USA

(860) 444-9308

https://advisor.morganstanley.com/william.canning?y_source=1_MTA4Mjc3MzMtNzE1LWxvY2F0aW9uLndlYnNpdGU%3D

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Morgan Stanley Financial Advisors

125 Eugene O'Neill Dr 1st Fl, New London, CT 06320, USA

(860) 444-9300

https://advisor.morganstanley.com/new-london-branch?y_source=1_MjA3ODA5Mi03MTUtbG9jYXRpb24ud2Vic2l0ZQ%3D%3D

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Adeletti & Dowling Financial Group - UBS Financial Services Inc.

2 Union St, New London, CT 06320, USA

(860) 437-2009

https://advisors.ubs.com/adelettidowling/?utm_source=Yext&utm_medium=GMB&utm_campaign=166555&y_source=1_MTg4ODc4OTAtNzE1LWxvY2F0aW9uLmdvb2dsZV93ZWJzaXRlX292ZXJyaWRl

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Where Certified Financial Advisors in New London County, CT Serve

New London County, located in the southeastern region of Connecticut, is a vibrant and diverse area with a rich history and a plethora of landmarks. The county is home to the famous Mystic Seaport, a living history museum that showcases the maritime heritage of the area. Other notable landmarks include the Connecticut College Arboretum, the Eugene O'Neill Theater Center, and the Submarine Force Museum. The county is also home to several major employers, including Electric Boat, Pfizer, and the United States Coast Guard Academy. These companies provide jobs for thousands of residents and contribute to the county's thriving economy. New London County is well-connected to the rest of the state and beyond by several major highways, including Interstate 95 and Route 2. The county is also home to several important streets, such as Bank Street and State Street in New London, and Main Street in Mystic. The county is comprised of several distinct neighborhoods, each with its own unique character and charm.

Nearby Locations

Bridgeport, CT Cos Cob, CT Danbury, CT Darien, CT East Hartford, CT East Haven, CT Fairfield County, CT Greenwich, CT

Services Provided by Fee Based and Fee Only Financial Advisors

Banks and Credit Unions

Residents of New London County, CT can greatly benefit from the services of a financial advisor. One of the most common ways a financial advisor can help is by creating a personalized financial plan that takes into account the unique needs and goals of individuals living in this area. With its proximity to the coast and numerous military bases, New London County has a diverse population with varying financial situations. A financial advisor can provide guidance on retirement planning, investment strategies, and debt management to help residents achieve their financial objectives. Additionally, with the high cost of living in this region, a financial advisor can assist in creating a budget and finding ways to save money on expenses such as housing and transportation. Overall, a financial advisor can be an invaluable resource for residents of New London County, CT looking to improve their financial well-being.

Insurance Broker

Residents of New London County, CT can greatly benefit from the services of an insurance broker. An insurance broker can help residents navigate the complex and confusing world of insurance, ensuring that they have the right coverage for their specific needs. For example, residents of New London County, CT may face unique risks due to the area's proximity to the coast, such as higher flood insurance rates or a greater need for hurricane coverage. An insurance broker can help residents understand these risks and find the best policies to protect themselves and their property. Additionally, an insurance broker can help residents save money by comparing policies from multiple providers and finding discounts and other cost-saving options. Overall, an insurance broker can be a valuable resource for residents of New London County, CT looking to protect their assets and financial well-being.

Retirement Planning

Residents of New London County, CT can benefit from a retirement planner in a variety of ways. One of the most common ways is by helping them create a personalized retirement plan that takes into account their unique financial situation, goals, and needs. Retirement planners can also assist with investment strategies, tax planning, and estate planning. In New London County, CT, where the cost of living is relatively high compared to other areas of the state, a retirement planner can help residents navigate the financial challenges of retirement and ensure that they have a secure and comfortable future. Additionally, with the county being home to a large military population due to the presence of the Naval Submarine Base, a retirement planner can help veterans and their families navigate the complex financial benefits available to them.

Wealth Management

Residents of New London County, CT could benefit from the services of a wealth manager in a number of ways. One of the most common ways is through retirement planning, as many residents in the area are nearing retirement age. A wealth manager can help them navigate the complexities of retirement planning, including determining how much they need to save, what types of investments are most appropriate, and how to manage their assets in retirement. Additionally, many residents of New London County are involved in the maritime industry, which can bring unique financial challenges and opportunities. A wealth manager with experience in this area can help clients navigate the specific financial needs of this industry, such as managing fluctuating income and planning for the future. Overall, a wealth manager can provide valuable guidance and support to residents of New London County as they work to achieve their financial goals.

Mortgage Loan Officer

Residents of New London County, CT can benefit greatly from the services of a mortgage loan officer. These professionals can assist individuals and families in securing financing for the purchase of a new home, refinancing an existing mortgage, or obtaining a home equity loan. In a county where the median home value is $233,000, having access to a mortgage loan officer can make all the difference in being able to afford a home. Additionally, with the county's close proximity to the coast, many residents may be interested in purchasing a vacation home or investment property, which a mortgage loan officer can also assist with. By working with a mortgage loan officer, residents of New London County can navigate the complex world of home financing with confidence and ease.

Tax Services

Residents of New London County, CT can benefit from the expertise of a tax advisor in numerous ways. For instance, a tax advisor can help residents navigate the complex tax laws and regulations in the state. They can provide guidance on how to minimize tax liabilities and maximize refunds. In New London County, where the cost of living is relatively high compared to other parts of Connecticut, a tax advisor can help residents identify tax credits and deductions that can reduce their tax burden. Additionally, tax advisors can assist small business owners in the county with tax planning and compliance, ensuring they stay on the right side of the law while maximizing their profits. Overall, a tax advisor can be a valuable resource for residents of New London County, CT, helping them to save money and avoid costly mistakes when it comes to their taxes.

Estate Planning Lawyer

Residents of New London County, CT can benefit greatly from the services of an estate planning lawyer. These professionals can help individuals create a comprehensive plan for their assets and property, ensuring that their wishes are carried out in the event of their passing. Estate planning lawyers can also assist with drafting wills, trusts, and other legal documents that can protect assets and minimize taxes. In New London County, CT, where there is a large population of retirees and elderly individuals, estate planning lawyers can help families navigate the complex process of Medicaid planning and long-term care planning. Additionally, with the high property values in the area, estate planning lawyers can help individuals protect their real estate assets and ensure that they are passed on to their heirs in a smooth and efficient manner.

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