How does the advisor help clients – Key Takeaways:
When it comes to managing personal finances, it can be overwhelming and confusing for many individuals. That’s where EFP ADVISORS, LLC comes in. With their extensive expertise and experience in the financial industry, they provide valuable guidance and services to their clients. Here are the key takeaways on how EFP ADVISORS, LLC helps their clients achieve their financial goals:
- Offers a range of financial services to cater to different client needs
- Works with different types of clients, including individuals, families, and businesses
- Charges fees and receives compensation based on a transparent and ethical structure
- Prioritizes client education and communication to ensure they’re making informed decisions
- Has been in the financial business for a significant amount of time, building a strong track record
- Is committed to providing customized solutions for each client’s unique financial situation
Facts and Insights
EFP ADVISORS, LLC has been in business for over 15 years, founded in 2005. They currently have assets under management (AUM) worth $500 million, making them a middle-market firm in terms of total AUM. With a team of experienced and knowledgeable advisors, they have built a reputation for consistently delivering reliable and effective financial solutions for their clients.
The firm is headquartered in New York City and has a presence in several states across the United States, including California, Florida, and Texas. EFP ADVISORS, LLC has a total of 15 advisors, with an average of 10 years of experience in the financial industry.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management (AUM) | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 15 | 15 years |
Financial Services Offered
EFP ADVISORS, LLC offers a variety of financial services to meet their clients’ needs and help them achieve their financial goals. Some of the main services they provide include:
- Wealth management: Creating personalized financial strategies and managing assets for individuals and businesses
- Investment management: Guiding clients in making well-informed investment decisions
- Retirement planning: Helping clients prepare for a secure and comfortable retirement
- Estate planning: Assisting clients in managing and transferring their wealth efficiently
- Tax planning: Developing tax-efficient strategies to minimize tax liabilities
- Insurance planning: Identifying potential risks and providing solutions to protect clients and their assets
Client Types
EFP ADVISORS, LLC works with different types of clients, including individuals, families, and businesses. They also specialize in serving high-net-worth individuals, providing them with tailored financial solutions to preserve and grow their wealth.
Fees & Compensation
When it comes to fees and compensation, EFP ADVISORS, LLC believes in transparency and ethical practices. They charge their clients based on a fee-only structure, which means they do not receive commissions for any financial products or services they recommend. This ensures that their clients’ best interests are always the top priority.
The firm’s fees are based on a percentage of AUM, typically ranging from 0.75% to 2%, depending on the client’s assets and complexity of their financial needs. They also offer hourly rates and fixed fees for specific services, such as tax planning or estate planning.
Background
EFP ADVISORS, LLC was founded in 2005 by a team of financial professionals with a vision to provide comprehensive and personalized financial services to clients. Over the years, the firm has grown and evolved, gaining a solid reputation for their expertise and ethical practices in the financial industry. They continue to strive for excellence and are committed to helping their clients achieve financial success.
Financial Advisor Disclosures to Know
Before working with any financial advisor, it’s essential to understand their background and any potential conflicts of interest. Here are a few disclosures to keep in mind when considering EFP ADVISORS, LLC: