How does the advisor help clients – Key Takeaways:
RAND FINANCIAL PLANNING, LLC offers comprehensive financial planning services to individuals, families, and businesses. With a team of experienced advisors, the firm aims to provide personalized solutions to help clients meet their financial goals. The firm follows a client-centric approach, focusing on building long-term relationships based on trust and transparency.
Facts and Insights
RAND FINANCIAL PLANNING, LLC was founded in 2005 and is headquartered in New York City. The firm has a strong track record of success, with its advisors managing substantial assets and offering valuable insights to clients. The firm prides itself on staying up-to-date with the ever-changing financial landscape, creating customized strategies for each client.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 10+ | 16 years |
Financial Services Offered
RAND FINANCIAL PLANNING, LLC offers a wide range of financial services, including investment management, retirement planning, tax planning, risk management, and estate planning. The firm’s advisors work closely with each client to create a comprehensive financial plan tailored to their individual needs and goals.
Client Types
The firm serves a diverse clientele, including individuals, families, and businesses. They specialize in working with high net worth individuals and offer customized solutions to help preserve and grow their wealth. RAND FINANCIAL PLANNING, LLC also works with small businesses to provide retirement plan and employee benefit services.
Fees & Compensation
RAND FINANCIAL PLANNING, LLC follows a fee-based compensation structure, meaning the advisors are paid based on a percentage of assets under management or a flat fee. This structure is designed to align the firm’s interests with those of its clients and ensure transparency in fees. Clients can expect to pay an annual percentage fee of approximately 1.00% for investment management services.
Background
The team at RAND FINANCIAL PLANNING, LLC has a combined experience of over 50 years in the financial services industry. Their advisors hold various certifications, including Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), and Chartered Financial Consultant (ChFC). These credentials highlight the team’s expertise in providing comprehensive financial planning services.
Financial Advisor Disclosures to Know
As a registered investment advisor, RAND FINANCIAL PLANNING, LLC adheres to strict compliance and disclosure regulations. The firm prides itself on its ethical and transparent practices and provides a detailed disclosure document for clients to review before entering into any agreements. The firm also emphasizes the importance of open communication and encourages clients to ask any questions or concerns they may have about its operations.