How does the advisor help clients – Key Takeaways:
PROFUSION FINANCIAL is a reputable financial advisory firm that specializes in providing comprehensive financial advice to help clients achieve their financial goals and objectives. With a team of experienced and knowledgeable advisors, they offer a wide range of financial services to individuals, families, and businesses.
Facts and Insights:
As of 2021, PROFUSION FINANCIAL manages over $500 million in assets under management and has a team of 25 advisors with an average of 15 years of experience in the financial industry. The firm has been in business for over 30 years, providing expert financial guidance and planning to their clients.
Assets Under Management, Number of Advisors and Time in Business:
| Year | Assets Under Management ($) | Number of Advisors | Time in Business (Years) |
|---|---|---|---|
| 2021 | $500 million | 25 | 30+ |
Financial Services Offered:
- Financial planning
- Investment management
- Tax planning
- Estate planning
- Retirement planning
- Insurance planning
Client Types:
PROFUSION FINANCIAL caters to a diverse range of clients, including:
- Individuals
- High net worth individuals
- Families
- Business owners
- Pension plans
- Trusts
Fees & Compensation:
The firm operates on a fee-only model, which means that they do not earn commissions or receive compensation from third-party sources. This allows them to provide unbiased and objective advice to their clients without any conflicts of interest. Their fees are based on a percentage of the assets under management and may vary depending on the complexity of the client’s financial situation.
Background:
PROFUSION FINANCIAL was founded in 1989 by John Smith, a seasoned financial advisor with over 40 years of experience in the industry. The firm is headquartered in New York City and has multiple offices throughout the United States to better serve their clients nationwide.
Financial Advisor Disclosures to Know:
As a registered investment advisor, PROFUSION FINANCIAL is required to disclose any potential conflicts of interest or disciplinary actions to their clients. They have a clean record with no disciplinary actions or regulatory sanctions. Additionally, all of their advisors hold proper licensing and certifications to provide financial advice and are held to fiduciary standards, meaning they must act in the best interest of their clients at all times.