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How does the advisor help clients – Key Takeaways:
AVANTAX PLANNING PARTNERS, INC. is a leading financial planning and advisory firm that is dedicated to helping clients achieve their financial goals. With a team of experienced advisors and a wide range of services, AVANTAX PLANNING PARTNERS, INC. provides individuals and businesses with the tools and resources they need to make smart financial decisions.
The following key takeaways highlight the ways in which AVANTAX PLANNING PARTNERS, INC. helps its clients:
- Comprehensive financial planning services
- Expertise in tax planning and optimization
- Access to a wide range of financial products and services
- Personalized strategies based on individual goals and needs
- Ongoing support and guidance from a team of experienced advisors
Facts and Insights:
Founded in 1992, AVANTAX PLANNING PARTNERS, INC. has been providing financial planning and advisory services for nearly 30 years. With over 20,000 clients and $13.8 billion in assets under management (AUM), the firm has established itself as a leader in the industry.
The table below provides a breakdown of AVANTAX PLANNING PARTNERS, INC.’s assets under management, number of advisors, and time in business:
| Assets Under Management (AUM) | Number of Advisors | Time in Business |
|---|---|---|
| $13.8 billion | 3,159 | 29 years |
Financial Services Offered:
AVANTAX PLANNING PARTNERS, INC. offers a wide range of financial services to its clients, including:
- Retirement planning
- Investment management
- Tax planning and optimization
- Estate planning
- Risk management
- Education funding
- Business planning and succession
Client Types:
AVANTAX PLANNING PARTNERS, INC. serves a diverse client base, including:
- Individuals
- Families
- Business owners
- High net worth individuals
- Retirees
Fees & Compensation:
AVANTAX PLANNING PARTNERS, INC. charges fees based on a percentage of assets under management. The firm may also receive compensation from the sale of financial products or services, such as insurance policies or mutual funds. However, the firm adheres to a fiduciary standard, meaning it is legally required to act in the best interests of its clients.
Background:
AVANTAX PLANNING PARTNERS, INC. is a subsidiary of Avantax Wealth ManagementSM, which is a part of Blucora, Inc. (NASDAQ: BCOR). The firm operates as an independent registered investment advisor, meaning it is not tied to any specific financial products or services. This allows the firm to provide unbiased and objective advice to its clients.
Financial Advisor Disclosures to Know:
When working with a financial advisor, it is important to understand the potential conflicts of interest that may arise. AVANTAX PLANNING PARTNERS, INC. has disclosed the following potential conflicts of interest:
- Compensation from the sale of certain financial products or services
- Affiliation with a parent company that offers financial products and services
- Use of third-party custodians
However, as a fiduciary, AVANTAX PLANNING PARTNERS, INC. is legally required to always act in the best interests of its clients, and to disclose any potential conflicts of interest.