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How does the advisor help clients – Key Takeaways:
When it comes to financial planning, having a knowledgeable and experienced advisor by your side can make all the difference. Long Financial Planning provides expert financial advice and guidance to clients to help them make informed decisions about their finances.
Facts and Insights
Here are some important facts and insights about Long Financial Planning:
- Assets Under Management: As of December 2020, Long Financial Planning manages over $500 million in assets for their clients.
- Number of Advisors: The firm currently has 10 financial advisors, each with their own area of expertise and a commitment to providing personalized service to clients.
- Time in Business: Long Financial Planning has been in business for over 15 years, serving clients with their financial needs and helping them achieve their goals.
Financial Services Offered
Long Financial Planning offers a wide range of financial services to meet the diverse needs of their clients. These services include:
- Investment management
- Tax planning
- Retirement planning
- Estate planning
- Insurance and risk management
Client Types
Long Financial Planning caters to a diverse group of clients, including:
- Individuals
- Families
- Businesses
- High-net-worth individuals
Fees & Compensation
Long Financial Planning operates on a fee-only model, meaning they are compensated solely by their clients for the services they provide. This approach ensures that the firm’s interests are aligned with their clients’ and that there are no conflicts of interest.
The firm’s fees are based on a percentage of assets under management, with rates ranging from 0.5% to 1.25%. This fee structure promotes transparency and accountability, as clients only pay for the services they receive and can easily see how their fees are being calculated.
Background
Founded in 2005, Long Financial Planning was established with a simple yet powerful mission – to help clients achieve their financial goals and secure their financial future. The firm’s founder, John Long, has over 20 years of experience in the financial industry and is a Certified Financial Planner™ (CFP®).
The team at Long Financial Planning is comprised of highly qualified and experienced professionals who are dedicated to serving their clients’ best interests. They stay up-to-date with the latest industry trends and continuously enhance their skills to provide the best possible service to clients.
Financial Advisor Disclosures to Know
As a registered investment advisor, Long Financial Planning is required to disclose certain information to their clients, including:
- Background and qualifications of their financial advisors
- Any disciplinary action or legal proceedings against the firm or its advisors
- Any potential conflicts of interest
- Compensation structure
It’s essential for clients to understand these disclosures to make informed decisions about their financial planning and to ensure transparency and trust in the advisor-client relationship.