Facts and Insights
Financial Action, Inc. is a leading financial advisory firm that prides itself in providing expert guidance and personalized financial solutions to its clients. With a team of experienced and knowledgeable financial advisors, they help clients achieve their financial goals and secure their financial futures.
How does the advisor help clients – Key Takeaways:
Below are some key takeaways on how Financial Action, Inc. helps their clients:
- Expert Guidance: Financial Action, Inc. offers expert guidance and recommendations based on thorough analysis and understanding of each client’s unique financial situation.
- Customized Solutions: The firm understands that each client has different needs and goals, therefore they provide customized financial solutions tailored to meet their specific requirements.
- Diverse Portfolio: Financial Action, Inc. offers a diverse range of financial products and services to ensure that their clients have a well-balanced and diversified portfolio.
- Regular Monitoring and Adjustments: The firm regularly monitors the progress of their clients’ financial plans and makes necessary adjustments to ensure they stay on track.
Assets Under Management, Number of Advisors and Time in Business:
Financial Action, Inc. has been in business for 15 years and has a team of 50 seasoned financial advisors. As of December 2020, the firm’s assets under management totaled $1.5 billion, showcasing their successful track record in managing client assets.
| Year | Assets Under Management ($) |
|---|---|
| 2015 | $1.2 billion |
| 2016 | $1.3 billion |
| 2017 | $1.4 billion |
| 2018 | $1.5 billion |
| 2020 (as of December) | $1.5 billion |
Financial Services Offered:
Financial Action, Inc. offers a wide range of financial services to meet the diverse needs of their clients. These include:
- Investment Planning: This includes developing personalized investment strategies and providing guidance on managing investments effectively.
- Retirement Planning: The firm helps clients plan for a financially secure retirement by setting goals, developing a savings plan, and offering retirement income solutions.
- Insurance Planning: Financial Action, Inc. offers guidance on insurance options and helps clients choose the most suitable policies to protect their assets and loved ones.
- Tax Planning: The firm provides strategic tax planning services to help clients minimize their tax liabilities and maximize their after-tax income.
- Estate Planning: With the goal of preserving wealth for future generations, Financial Action, Inc. helps clients plan their estate and develop strategies to reduce estate taxes.
Client Types:
Financial Action, Inc. works with a diverse range of clients, including:
- High Net Worth Individuals: The firm offers specialized services to high net worth individuals to help them manage their wealth and achieve their financial goals.
- Retirees: Financial Action, Inc. helps retired individuals and couples plan for a financially secure retirement and manage their assets effectively.
- Business Owners: The firm provides financial guidance and solutions to business owners to help them grow their businesses and secure their financial future.
- Working Professionals: Financial Action, Inc. offers comprehensive financial planning services to working professionals to help them build a strong financial foundation and achieve their long-term goals.
- Families: The firm works with families to help them manage their finances, plan for their children’s education, and build a secure financial future.
Fees & Compensation:
Financial Action, Inc. operates on a fee-based compensation model, meaning that they charge a fee for the services they provide rather than receiving commissions from financial product sales. This aligns the firm’s interests with their clients’ interests, ensuring that their recommendations and advice are always in their clients’ best interest. The exact fee structure may vary depending on the services and products chosen by each client.
Background:
Financial Action, Inc. was founded in 200