How does the advisor help clients – Key Takeaways:
Demers Financial Planning is dedicated to providing expert financial guidance to their clients to help them achieve their long-term financial goals. With a team of experienced advisors, they offer a range of financial services and work with a variety of client types. Through their transparent fee structure and commitment to client education, Demers Financial Planning strives to help their clients make informed financial decisions for a secure financial future.
Facts and Insights
Demers Financial Planning was founded in 2005 and has been in business for over 15 years, building a strong reputation for delivering quality financial advice. Headquartered in New York City, they currently manage over $1 billion in assets for their clients. This demonstrates their extensive experience in the financial industry and their ability to provide reliable and effective financial planning services.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $1 billion | 10 | 15+ years |
Financial Services Offered
Demers Financial Planning offers a wide range of financial services to help clients achieve their short-term and long-term financial goals. These services include:
- Comprehensive financial planning
- Investment management
- Tax planning and preparation
- Estate planning
- Retirement planning
Client Types
Demers Financial Planning works with a diverse group of clients, including individuals, families, business owners, and high net worth individuals. They understand that each client has unique financial needs and goals, and they tailor their services to meet those specific needs. Their team of advisors is skilled in working with clients from various backgrounds and walks of life.
Fees & Compensation
Demers Financial Planning follows a transparent fee structure, ensuring clients understand how their advisor is compensated for their services. They charge a percentage of assets under management, typically ranging from 0.50% to 1.50%. This fee covers all the services provided, including financial planning and investment management. As a fee-only firm, they do not earn commissions or receive third-party compensation, eliminating potential conflicts of interest. This fee structure aligns the interests of the advisor with those of the client, ensuring they are both focused on the client’s financial success.
Background
The founder of Demers Financial Planning, John Demers, has over 25 years of experience in the financial industry and is a Certified Financial Planner (CFP). He leads a team of knowledgeable and experienced advisors who are dedicated to providing top-notch financial guidance to their clients. Through their continued education and staying up-to-date on industry trends, the team at Demers Financial Planning is able to offer reliable and informed advice to their clients.
Financial Advisor Disclosures to Know
Demers Financial Planning adheres to all regulatory and compliance standards, ensuring transparency and trust with their clients. As such, they are required to disclose any potential conflicts of interest and any disciplinary action taken against their firm or advisors. Clients can access this information through the Securities and Exchange Commission’s (SEC) Investment Adviser Public Disclosure (IAPD) website or by requesting this information directly from the firm.