How Does FIRSTRUST FINANCIAL ADVISORS Help Clients – Key Takeaways:
FIRSTRUST FINANCIAL ADVISORS is a leading financial advisory firm that specializes in helping clients achieve their financial goals. With a team of experienced and knowledgeable advisors, FIRSTRUST provides clients with expert financial guidance and personalized investment strategies to help them build wealth and achieve financial security.
Facts and Insights:
FIRSTRUST FINANCIAL ADVISORS has been in business for over 30 years and has built a solid reputation in the financial industry. The firm is headquartered in Philadelphia, Pennsylvania and has multiple offices located throughout the East Coast. As of 2021, FIRSTRUST manages over $5 billion in assets and has a team of over 100 advisors.
Assets Under Management, Number of Advisors and Time in Business:
| Year Founded | Assets Under Management | Number of Advisors |
|---|---|---|
| 1987 | $5 billion | 100+ |
Financial Services Offered:
FIRSTRUST FINANCIAL ADVISORS provides a wide range of financial services to clients, including investment management, retirement planning, tax planning, estate planning, and insurance planning. The firm also offers specialized services such as college savings planning, charitable giving strategies, and business succession planning.
Client Types:
FIRSTRUST FINANCIAL ADVISORS caters to a diverse clientele, including high net worth individuals, families, and small business owners. The firm also serves corporate clients and institutions, providing customized financial solutions to meet their specific needs and goals.
Fees & Compensation:
FIRSTRUST FINANCIAL ADVISORS typically charges clients a percentage of assets under management, ranging from 1% to 2%. The firm may also charge a fixed fee or an hourly rate for certain financial planning services. FIRSTRUST is committed to transparent and straightforward fee structures, ensuring clients understand the costs associated with their investments.
Background:
FIRSTRUST FINANCIAL ADVISORS was founded by George Gerhart, a financial expert with over 40 years of experience in the industry. Gerhart leads a team of highly qualified advisors with diverse backgrounds and expertise, providing clients with a well-rounded and comprehensive approach to financial planning and wealth management.
Financial Advisor Disclosures to Know:
As a registered investment advisor, FIRSTRUST FINANCIAL ADVISORS is required to disclose certain information to clients and potential clients. This includes any conflicts of interest, disciplinary actions, and fees associated with the services offered. Clients can access this information through the firm’s Form ADV, which is available on the SEC’s website.