Retirement Planning in Farmington, MI

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Top Retirement Planners in Farmington, MI

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Raymond James & Associates
SEC File# 801-10418
CRD# 705
4 out of 5
Location 31500 Northwestern Hwy #150, Farmington Hills, MI 48334, USA
Phone (248) 932-5450
Directions
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Lifetime Wealth Management - UBS Financial Services Inc.
Location 32300 Northwestern Hwy Suite 150, Farmington Hills, MI 48334, USA
Phone (248) 737-5457
Directions
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Merrill Lynch Wealth Management
3 out of 5
Location 39001 W 12 Mile Rd, Farmington Hills, MI 48331, USA
Phone (248) 488-5401
Directions
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Edward Jones
SEC File# 801-3297
CRD# 250
5 out of 5
Location 33312 Grand River Ave Suite 101, Farmington, MI 48336, USA
Phone (248) 474-7844
Directions
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Glen E Gheesling - Morgan Stanley
Location 35055 W 12 Mile Rd Ste 101, Farmington Hills, MI 48331, USA
Phone (248) 848-8747
Directions
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Merrill Lynch Wealth Management Advisor Carly E. Sanfield
Location 39001 W 12 Mile Rd, Farmington Hills, MI 48331, USA
Phone (248) 488-5201
Directions
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Zenith Wealth Managment, LLC
Location 30500 Northwestern Hwy Ste 430, Farmington Hills, MI 48334, USA
Phone (810) 923-4686
Directions
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The Ajlouny Group (TAG) - UBS Financial Services Inc.
Location 32300 Northwestern Hwy Suite 150, Farmington Hills, MI 48334, USA
Phone (248) 737-5472
Directions
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LPL Financial | Great Lakes Advisor Group
Location 31731 Northwestern Hwy #151w, Farmington Hills, MI 48334, USA
Phone (248) 626-2000
Directions
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Platinum Wealth Management Group, Inc.
Location 25882 Orchard Lake Rd, Farmington Hills, MI 48336, USA
Phone (586) 258-3830
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Retirement Planning in Farmington, MI

About Farmington, MI for Those Planning to Retire

Farmington, MI is a vibrant city located in Oakland County, Michigan. It is home to several notable landmarks, including the Governor Warner Mansion, the Farmington Civic Theater, and the Farmington Hills Nature Center. The city boasts a diverse economy with top employers such as Bosch, Robert Bosch LLC, and Beaumont Health. Major highways and streets that run through the city include Grand River Avenue, Orchard Lake Road, and M-5. The city is also divided into several unique neighborhoods, including Downtown Farmington, Farmington Hills, and Farmington Acres, each with its own charm and character. With its rich history, thriving economy, and beautiful neighborhoods, Farmington, MI is a wonderful place to live, work, and play.

Other Financial Planning Services for Retirement

Banks and Credit Unions

Residents of Farmington, MI can benefit from a bank in several ways. Firstly, a bank can provide financial assistance to individuals who are looking to purchase a home in the area. Farmington, MI is known for its beautiful homes and neighborhoods, and a bank can help residents secure a mortgage to make their dream of homeownership a reality. Additionally, a bank can offer various loan options to small businesses in the community, helping them to grow and expand. With a growing economy and a vibrant downtown area, Farmington, MI is a great place for entrepreneurs to start and develop their businesses. Lastly, a bank can provide residents with convenient and secure banking options, such as online banking and mobile apps. With busy schedules and hectic lifestyles, having access to banking services at their fingertips can make a huge difference in the lives of Farmington, MI residents.

Insurance Broker

Residents of Farmington, MI can benefit greatly from the expertise of an insurance broker. With the town's close proximity to major highways and busy roads, auto insurance is a top concern for many residents. However, navigating the complex world of insurance policies and coverage options can be overwhelming for those without industry knowledge. An insurance broker can help residents of Farmington, MI find the best coverage for their specific needs and budget, whether it be for auto, home, or health insurance. Additionally, with the town's growing population and diverse demographics, an insurance broker can provide tailored solutions for individuals and families with unique circumstances. From finding affordable policies for young drivers to securing comprehensive coverage for retirees, an insurance broker can offer invaluable assistance to residents of Farmington, MI.

Wealth Management

Residents of Farmington, MI can benefit from a wealth manager in several ways. Firstly, a wealth manager can help them manage their finances and investments, ensuring that they are making the most of their money. This is especially important in Farmington, MI, where the cost of living is higher than the national average. Secondly, a wealth manager can help residents plan for their future, whether it be retirement or saving for their children's education. This is crucial in a city like Farmington, MI, where many residents work in industries that are subject to economic volatility. Lastly, a wealth manager can help residents navigate the complex tax laws and regulations that are unique to Michigan. This is important in a state like Michigan, where the tax code is notoriously complex and can be difficult to navigate without professional guidance. Overall, a wealth manager can provide invaluable support and guidance to residents of Farmington, MI, helping them to achieve their financial goals and secure their future.

Financial Advisor

Residents of Farmington, MI can greatly benefit from the services of a financial advisor. With the city's median household income being $76,000, it is important for individuals and families to properly manage their finances. A financial advisor can assist with budgeting, investment planning, and retirement planning. Additionally, with the city's close proximity to Detroit and its thriving automotive industry, many residents may have stock options or other investments tied to the industry. A financial advisor can help navigate the complexities of these investments and ensure they are properly diversified. Furthermore, with Farmington's diverse population, a financial advisor can also provide guidance on estate planning and tax strategies that are specific to each individual's unique circumstances. Overall, a financial advisor can provide invaluable assistance to residents of Farmington, MI in achieving their financial goals and securing their financial future.

Mortgage Loan Officer

Residents of Farmington, MI would greatly benefit from the expertise of a mortgage loan officer. Specifically, Farmington is a city that has experienced significant growth in recent years, with a population increase of over 10% since 2010. This growth has led to a surge in demand for housing, which in turn has resulted in a highly competitive real estate market. A mortgage loan officer can help residents navigate this complex market by providing personalized guidance on the best loan options for their unique financial situation. They can also assist with the pre-approval process, which is especially important in a competitive market like Farmington's, as it can give buyers a competitive edge in bidding wars. Additionally, a mortgage loan officer can help residents understand the various fees and costs associated with buying a home, such as closing costs and property taxes, and can offer advice on how to manage these expenses. Overall, a mortgage loan officer can be an invaluable resource for residents of Farmington, helping them achieve their dream of homeownership.

Tax Services

Residents of Farmington, MI could benefit from the expertise of a tax advisor in several ways. Firstly, given the city's high median household income, taxpayers may be subject to complex tax laws and regulations that require the guidance of a professional. Additionally, Farmington has a significant number of small businesses, many of which may require assistance with tax planning and compliance. Furthermore, the city is home to a large number of retirees who may require specialized advice on tax-efficient retirement planning. A tax advisor can also provide guidance on tax-saving strategies, such as deductions and credits, which can help residents maximize their tax savings. Overall, the complexity of the tax system, combined with the unique characteristics of Farmington, make it essential for residents to seek the advice of a qualified tax professional.

Estate Planning Lawyer

Residents of Farmington, MI can benefit from the services of an estate planning lawyer in several ways. For instance, the lawyer can help them draft wills, trusts, and other legal documents that ensure their assets are distributed according to their wishes after they pass away. Additionally, the lawyer can assist with setting up powers of attorney, which are crucial in case of incapacitation. In Farmington, MI, where the median age is 41.8 years, residents may also require assistance with long-term care planning and Medicaid planning, which can be complicated and overwhelming. An estate planning lawyer can help them navigate the complex legal requirements and ensure they receive the best possible care. Furthermore, the lawyer can help families with special needs children set up special needs trusts, which provide financial support without jeopardizing the child's eligibility for government benefits. In short, an estate planning lawyer can provide invaluable assistance to residents of Farmington, MI, helping them secure their future and that of their loved ones.

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