Facts and Insights
Preferred Retirement Options, Inc. is a financial advisory firm that specializes in retirement planning. Founded in 2002, the firm has established itself as a leading provider of retirement solutions to its clients.
Assets Under Management, Number of Advisors and Time in Business:
According to public records, as of 2020, Preferred Retirement Options, Inc. has over $500 million in assets under management. This number has steadily increased over the years, showcasing the firm’s success in managing its clients’ investments.
The firm has a team of 10 experienced advisors who work closely with clients to develop personalized retirement plans. Each advisor has an average of 15 years of experience in the financial industry, ensuring that clients receive expert advice and guidance.
Financial Services Offered
Preferred Retirement Options, Inc. offers a wide range of financial services aimed at helping clients achieve their retirement goals. These services include:
- Retirement planning
- Investment management
- Estate planning
- Tax planning
- Insurance services
The firm follows a holistic approach to retirement planning, considering all aspects of a client’s financial situation to create a comprehensive solution.
Client Types
Preferred Retirement Options, Inc. caters to a diverse range of clients, including individuals, families, and small businesses. The firm’s expertise in retirement planning allows it to serve clients at any stage of life, from young professionals just starting to save for retirement to pre-retirees looking to optimize their savings.
Fees & Compensation
Like most financial advisory firms, Preferred Retirement Options, Inc. charges clients a percentage of their assets under management as fees. The exact fee percentage varies depending on the client’s investment amount and the services required. Additionally, the firm may also charge a one-time consultation fee for creating a personalized retirement plan.
Background
Michael Smith, a certified financial planner, founded Preferred Retirement Options, Inc. with the goal of helping people achieve their retirement dreams. With over 30 years of experience in the financial industry, Mr. Smith has built a team of knowledgeable advisors dedicated to providing top-notch retirement planning services.
Financial Advisor Disclosures to Know
As a registered investment advisor, Preferred Retirement Options, Inc. is required to disclose any potential conflicts of interest to its clients. These disclosures may include:
- Ownership of specific investments recommended to clients
- Compensation from third-party institutions for recommending their products
- Any relationships with other financial institutions that may influence the advisor’s recommendations
The firm takes these disclosures seriously and ensures that all recommendations are in the best interest of its clients.
Preferred Retirement Options, Inc. is committed to helping its clients achieve their retirement goals by providing expert advice and guidance. With a strong track record and a team of experienced advisors, the firm is a reliable choice for those planning for their golden years.