What are some popular services for financial advising?

A financial advisor in Rocky Mount, NC can provide a range of financial advising services to help individuals and businesses achieve their financial goals. These services may include investment planning, retirement planning, estate planning, tax planning, risk management, and more. With its growing economy and diverse population, Rocky Mount presents unique challenges and opportunities for financial advisors. For instance, the city's location at the intersection of two major highways and its proximity to several large metropolitan areas make it an attractive location for businesses and investors alike. However, the region also faces challenges such as a high poverty rate and a rapidly aging population, which can impact financial planning strategies. A skilled financial advisor in Rocky Mount must be able to navigate these complexities and tailor their services to meet the unique needs of each client.

What are people saying about financial advising services in Rocky Mount, NC?

Rocky Mount, NC is undoubtedly the best place to get financial advising, owing to its unique blend of a thriving economy, a strong community, and a wealth of experienced financial advisors. The city's strategic location at the intersection of two major highways, I-95 and US-64, has made it a hub for commerce and industry, attracting businesses and investors from far and wide. This has resulted in a diverse and dynamic economy that offers numerous opportunities for growth and prosperity. Moreover, the city's close-knit community fosters a culture of trust and collaboration, which is essential for effective financial advising. Clients can rely on the expertise and guidance of the city's experienced financial advisors, who have a deep understanding of the local market and can tailor their services to meet the unique needs of each client. With its bustling economy, strong community, and seasoned financial advisors, Rocky Mount, NC is the ideal destination for anyone seeking top-notch financial advising services.

What does a financial planner do?

A financial planner in Rocky Mount, NC is a professional who assists individuals, families, and businesses in making informed decisions about their finances. They are experts in financial planning, investment management, retirement planning, tax planning, and estate planning. In Rocky Mount, NC, financial planners play a crucial role in helping residents navigate the complex financial landscape of the region. With its diverse economy, including industries such as healthcare, education, and manufacturing, Rocky Mount presents unique financial challenges and opportunities. A skilled financial planner in Rocky Mount must have a deep understanding of the local market, tax laws, and investment opportunities. They must also be able to help clients navigate the challenges of planning for retirement, college education, and other major life events. Overall, a financial planner in Rocky Mount, NC provides invaluable guidance and support to individuals and businesses seeking to achieve their financial goals and build a secure financial future.

When should you get a financial planner?

Residents of Rocky Mount, NC should consider reaching out to a financial advisor when they are faced with complex financial decisions. With a population of over 50,000, Rocky Mount is a thriving city with a diverse economy that includes manufacturing, healthcare, and education. The city's residents are hardworking and dedicated, but they may not have the time or expertise to effectively manage their finances. A financial advisor can provide guidance on a range of financial matters, from investing in the stock market to creating a budget and saving for retirement. They can also help residents navigate the unique financial challenges facing Rocky Mount, such as the impact of natural disasters like Hurricane Matthew and the ongoing economic effects of the COVID-19 pandemic. By working with a financial advisor, residents can gain the knowledge and support they need to make informed financial decisions and achieve their long-term goals.

How do I choose the right financial advisor?

A financial advisor in Rocky Mount, NC must possess several important qualities to succeed in this industry. Firstly, they should have exceptional communication skills to effectively convey financial concepts to clients. Additionally, they must have a deep understanding of the local economy and financial landscape of Rocky Mount, which is a city known for its diverse mix of industries, including manufacturing, healthcare, and education. Furthermore, a financial advisor in this area must be well-versed in the unique financial challenges facing the local community, such as the impact of hurricanes and other natural disasters on personal finances. They should also possess strong analytical skills to help clients make informed investment decisions in a constantly changing market. Lastly, a successful financial advisor in Rocky Mount must have a strong ethical code and always prioritize the best interests of their clients above all else.

What makes Rocky Mount, NC the top choice for financial advising?

Rocky Mount, NC is home to some of the top financial advising firms in the state. These firms have a reputation for providing comprehensive financial planning services to individuals and businesses alike. One of the unique aspects of financial advising in Rocky Mount is the firms' ability to tailor their services to the needs of the community. With a diverse population and a growing economy, these firms have developed a deep understanding of the local market and are able to provide customized solutions that meet the specific needs of their clients. From retirement planning to investment management, these firms offer a wide range of services that can help individuals and businesses achieve their financial goals. With their expertise and commitment to excellence, it's no wonder why these firms are trusted by so many in the Rocky Mount community.

How do financial advisors get paid?

Financial advisors in Rocky Mount, NC are compensated in various ways. One common method is through commissions. These commissions are earned when the advisor sells a financial product to their client. Another way is through fees, which can be charged as a percentage of the assets under management or a flat fee for financial planning services. Additionally, some advisors may receive bonuses or incentives for meeting certain performance goals. It is worth noting that in Rocky Mount, NC, financial advisors must adhere to the fiduciary standard, which requires them to act in the best interest of their clients at all times. This means that they must disclose any potential conflicts of interest and prioritize their clients' needs above their own.

Find the Top Financial Advisors Serving Rocky Mount, NC

Connect With a Financial Planner

List of Firms

Rocky Mount, NC Fiduciary Financial Advisors

Landmark Financial Services, LLC

4 out of 5

3901 Crosswinds Dr, Rocky Mount, NC 27803, USA

(252) 451-0381

http://www.lmfs.org/

Directions

Edward Jones - Financial Advisor: Ricky R Thompson

124 W St James St, Tarboro, NC 27886, USA

(252) 823-0376

https://www.edwardjones.com/us-en/financial-advisor/ricky-thompson

Directions

Wells Fargo Advisors

SEC File# 801-57434

CRD# 11025

2910 Sunset Ave, Rocky Mount, NC 27804, USA

(252) 443-7126

Directions

Statewide Insurers Group, LLC

4 out of 5

880 Country Club Rd, Rocky Mount, NC 27804, USA

(252) 316-8166

http://medicarestatewide.org/

Directions

Allstate Personal Financial Representative: Thomas Alexander

1233 Cobb Corners Dr, Rocky Mount, NC 27804, USA

(252) 207-2773

https://agents.allstate.com/thomas-alexander-rocky-mount-nc.html?utm_source=GMB&utm_medium=Website

Directions

Where Certified Financial Advisors in Rocky Mount, NC Serve

Rocky Mount, NC is a vibrant city located in eastern North Carolina, with a rich history and an array of landmarks that make it a must-visit destination. The city is home to a number of top employers, including Nash UNC Health Care, Cummins Rocky Mount Engine Plant, and MBM Corporation, which provide a wealth of job opportunities for residents and visitors alike. Major highways and streets, such as I-95, US-64, and NC-97, connect the city to other parts of the state, making it easy to get around and explore. Neighborhoods like West Haven, Englewood, and Meadowbrook offer a diverse range of housing options, from historic homes to modern apartments. Some of the city's most notable landmarks include the Rocky Mount Mills, a historic textile mill that has been transformed into a vibrant mixed-use development, and the Imperial Centre for the Arts and Sciences, which features a museum, art galleries, and a planetarium.

Nearby Locations

Alamance County, NC Albemarle, NC Asheville, NC Bermuda Run, NC Boone, NC Brunswick County, NC Buncombe County, NC Cabarrus County, NC

Services Provided by Fee Based and Fee Only Financial Advisors

Banks and Credit Unions

Residents of Rocky Mount, NC can benefit from the expertise of a financial advisor in a variety of ways. One of the most common ways is by creating a personalized financial plan that takes into account their unique circumstances. This can include setting up a budget, creating a savings plan, and developing an investment strategy. In Rocky Mount, NC, where the cost of living is slightly lower than the national average, a financial advisor can help residents navigate the local economy and make informed decisions about their money. Additionally, a financial advisor can provide guidance on retirement planning, estate planning, and tax strategies. By working with a financial advisor, residents of Rocky Mount, NC can feel more confident about their financial future and make informed decisions that align with their goals and values.

Insurance Broker

Residents of Rocky Mount, NC can benefit greatly from the services of an insurance broker. With the unpredictable weather patterns in the area, homeowners insurance is crucial for protecting homes from damages caused by hurricanes, tornadoes, and flooding. Additionally, many residents in Rocky Mount work in industries that require specialized insurance coverage, such as construction or transportation. An insurance broker can help these individuals find the right insurance policies to protect their businesses and employees. Furthermore, with the rising costs of healthcare, an insurance broker can assist residents in finding affordable health insurance plans that meet their specific needs. Overall, an insurance broker can provide invaluable guidance and support to residents of Rocky Mount, NC in navigating the complex world of insurance.

Retirement Planning

Residents of Rocky Mount, NC can benefit greatly from the services of a retirement planner. Retirement planners can help residents in a variety of ways, such as creating a personalized retirement plan, analyzing investment options, and developing an estate plan. One specific way that retirement planners can help residents of Rocky Mount is by providing guidance on how to navigate the local economy. With a history rooted in the manufacturing industry, Rocky Mount has experienced economic shifts in recent years. Retirement planners can help residents understand how these changes may impact their retirement savings and provide advice on how to adjust their financial plans accordingly. By working with a retirement planner, residents of Rocky Mount can feel confident in their financial future and enjoy a comfortable retirement.

Wealth Management

Residents of Rocky Mount, NC could benefit from a wealth manager in a variety of ways. One specific example is that a wealth manager could help residents navigate the unique economic challenges faced by the city. Rocky Mount has a higher poverty rate than the national average and a lower median household income. A wealth manager could work with residents to create a personalized financial plan that takes into account their individual circumstances and helps them achieve their financial goals. They could also provide guidance on investing, retirement planning, and tax strategies to help residents build and protect their wealth. By partnering with a wealth manager, residents of Rocky Mount could feel more confident and in control of their financial futures.

Mortgage Loan Officer

Residents of Rocky Mount, NC can benefit greatly from the expertise of a mortgage loan officer. These professionals can help residents secure financing for their dream homes, investment properties, and other real estate purchases. Specifically, in Rocky Mount, NC, a mortgage loan officer can help residents navigate the local housing market, which has seen a recent surge in demand due to the city's growing economy and affordable cost of living. With a mortgage loan officer's guidance, residents can find the best loan options and interest rates to fit their unique financial situations, making the home buying process easier and more accessible. Additionally, a mortgage loan officer can help residents refinance their current mortgages to take advantage of lower interest rates, which can save them thousands of dollars in the long run.

Tax Services

Residents of Rocky Mount, NC could benefit greatly from the expertise of a tax advisor. One of the most common ways a tax advisor could help is by assisting with tax planning and preparation. With the recent economic downturn in Rocky Mount, many residents may be struggling financially and could benefit from advice on how to minimize their tax liability. Additionally, a tax advisor could help residents navigate the complex tax laws and regulations specific to North Carolina and Rocky Mount. For example, Rocky Mount has a local sales tax rate of 2.25%, which can be confusing for residents who are not familiar with the area. A tax advisor could provide valuable guidance on how to properly file taxes and take advantage of any available deductions or credits. Overall, a tax advisor could provide invaluable assistance to residents of Rocky Mount, NC in navigating the often-complicated world of taxes.

Estate Planning Lawyer

Residents of Rocky Mount, NC can greatly benefit from the services of an estate planning lawyer. One of the most common ways an estate planning lawyer can help is by creating a comprehensive estate plan that addresses the unique needs of each client. This can include drafting wills, trusts, and other legal documents that ensure a smooth transfer of assets to beneficiaries. In Rocky Mount, NC, where the population is aging, an estate planning lawyer can also assist with long-term care planning, such as Medicaid planning and nursing home care. Additionally, an estate planning lawyer can provide guidance on tax planning and asset protection strategies to help preserve wealth for future generations. Overall, an estate planning lawyer can offer peace of mind and security for residents of Rocky Mount, NC by helping them plan for the future and protect their assets.

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