Question 1

What services do financial advisors in Vermont offer?

Accepted Answer

Financial advisors listed on our directory for the state of Vermont provide a range of services, such as retirement planning, investment management, estate planning, tax planning, insurance planning, and wealth management. The specific services that an advisor may offer depend on their area of expertise, so it's important to find an advisor whose services align with your needs and financial goals. Read on to better understand how financial advisors can assist you with the various services they provide.

Question 2

What qualifications and certifications should I look for in a financial advisor in Vermont?

Accepted Answer

When evaluating the qualifications of financial advisors in Vermont, it is important to look for someone who is licensed and registered with the Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA). You may also want to consider their educational background, years of experience, and any relevant certifications, like Certified Financial Planners (CFP), Chartered Financial Analysts (CFA), Chartered Financial Consultants (ChFC), etc. To further explore the various credentials an advisor can hold, read more about advisor designations.

Question 3

What factors should I consider when choosing a financial advisor for comprehensive financial planning in Vermont?

Accepted Answer

When choosing a financial advisor in Vermont, it's important to consider key factors including an advisor's qualifications, experience, and method of compensation. Additionally, it's important to consider their investment philosophy, approach to financial management, and whether a financial advisor is bound to act in your best interests. To ensure you are making an informed decision and choosing the right financial advisor to manage your finances, we recommend this guide on the 5 things to consider when hiring a financial advisor.

Question 4

How much does a financial advisor in Vermont typically charge for their services?

Accepted Answer

The cost of hiring a financial advisor in Vermont varies depending on the advisor's experience, services, and fee structure. Financial advisors typically charge a percentage of assets under management, ranging from approx. 1.02% or a fixed rate of approx. $7,500 and above. Meanwhile, other advisors charge an hourly rate, flat fees, or based on commission. It's important to understand the advisor's fee structure and any potential conflicts of interest before engaging in their services. To get a better understanding of how financial advisors charge and the factors influencing their fees, read more on what are the costs of hiring a financial advisor.

Question 5

How can financial advisors in Vermont help with retirement planning?

Accepted Answer

A financial advisor in Vermont can help you plan for retirement by assessing your current financial situation, determining your retirement goals, and creating a personalized retirement plan. They may consider factors like your desired retirement age, lifestyle expectations, and risk tolerance to determine the savings needed. Advisors can also help select suitable retirement accounts like IRAs, 401(k)s, etc., guide investment decisions, analyze Social Security benefits, and provide the guidance you need for a successful retirement. If you are seeking to learn more about how a financial advisor can help you secure your financial future in retirement, learn more about why you should hire a retirement advisor.

Question 6

How do I choose the right financial advisor in Vermont?

Accepted Answer

When choosing a financial advisor in Vermont, it's important to consider their credentials, experience, and track record. Look for advisors who are registered with the Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA). You can also research their background and any disciplinary history on the SEC or FINRA BrokerCheck websites. Additionally, consider meeting with multiple advisors to compare their services, fees, and investment strategies to ensure they align with your financial goals. For a streamlined approach, we suggest using the free financial advisor match tool to find and compare vetted advisors in Vermont, specifically tailored to your financial needs.

Question 7

What are the benefits of working with a financial advisor in Vermont?

Accepted Answer

Working with a financial advisor in Vermont can offer many benefits. As the advisor's client, you can benefit from the advisor's extensive knowledge, experience, and perspective resulting in you gaining peace of mind. Working with a financial advisor can also save you time managing your finances, help minimize investment risks, and potentially increase your investment returns as they can also help you identify areas of financial weakness and recommend strategies for improvement. To learn more, read on about the benefits of working with a financial advisor.

Question 8

What types of investment products may financial advisors in Vermont recommend?

Accepted Answer

Financial advisors in Vermont that offer investment management services may recommend several types of investment products, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), and alternative investments. These advisors may also assist in monitoring your investments and suggest portfolio adjustments when necessary. If you find yourself uncertain about the need for investment management services, read why professional investment management may be right for you.

Question 9

What investment strategies do Vermont-based financial advisors use to hedge against inflation and ensure a stable retirement?

Accepted Answer

Vermont-based financial advisors may suggest considering inflation-protected/indexed annuities as a potential investment strategy to help hedge against inflation and potentially ensure a more stable retirement. These annuities have the potential to protect and grow your investment in accordance with future inflation rates, potentially providing stable retirement income, reducing the risk of outliving your savings, and offering the possibility of tax deferral advantages during lower tax bracket retirement years. To learn more, read on about the ten retirement investment strategies you need to know.

Question 10

How do I know if a financial advisor in Vermont specializes in areas that are relevant to my financial goals?

Accepted Answer

To determine if a financial advisor in Vermont specializes in areas relevant to your financial goals, it is best practice to review their financial credentials and certifications. Financial advisors listed on our directory for the state of Vermont specialize in a wide range of services, including retirement planning, investment management, estate planning, tax planning, insurance planning, and wealth management. To identify an advisor's particular area of specialization, simply click the "View full profile" button next to any vetted financial advisor listed in our directory. Here you can access detailed information about an advisor's services, fees, credentials, and more. In the "Advisory Services Provided" section, you will be able to verify the specific services offered by the advisor.

Question 11

How do financial advisors in Vermont help individuals effectively manage their retirement portfolios?

Accepted Answer

Financial advisors in Vermont can offer valuable assistance in managing retirement portfolios by evaluating your current financial status, which involves examining your income, expenses, assets, and debts, crafting a tailored retirement plan that reflects your individual requirements, and taking into consideration factors such as your preferred retirement age, lifestyle expectations, and risk tolerance. These advisors also provide guidance in selecting suitable retirement accounts like IRAs or 401(k)s, offer support in making strategic investment choices to enhance your retirement savings, and conduct assessments of your potential Social Security benefits. To delve deeper into the role of financial advisors in securing your financial future during retirement, explore the benefits of hiring a retirement advisor.

Question 12

Are there financial advisors in Vermont who specialize in helping individuals who are retiring without a retirement plan?

Accepted Answer

Yes, there are financial advisors in Vermont who specialize in helping individuals who are retiring without a retirement plan. These advisors understand the unique challenges faced by individuals in this situation and can provide guidance on creating a financial roadmap for retirement. They may assist in developing strategies to maximize savings, establish a sustainable retirement income, and explore investment options suited for late-stage retirement planning. To gain a deeper understanding of late-life retirement planning, read on about  how to plan for retirement if you start late in life.

Question 13

How often should I meet with my financial advisor in Vermont?

Accepted Answer

How often you should meet with your financial advisor in Vermont may depend on your specific financial situation and goals. For complex finances, you may need to meet with your financial advisor weekly or monthly, while for those with regular income and simpler investments, quarterly or annual meetings may be enough. Your advisor can assist in determining the suitable meeting frequency based on your circumstances. Read on to learn more about how often you should meet with your advisor.

Question 14

How do I ensure that a financial advisor in Vermont is trustworthy and reliable?

Accepted Answer

To ensure the trustworthiness and reliability of a financial advisor in Vermont, you can start by prioritizing those who are registered with respected regulatory organizations like the Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA). You can also use the FINRA BrokerCheck tool to conduct further research on their credentials and perform thorough background checks into an advisor's track record. Furthermore, it is beneficial to seek referrals from trusted friends and family. For a convenient and reliable option, we recommend using  the free financial advisor match tool that helps you connect with pre-screened and vetted advisors specifically matched to your financial goals.

Question 15

Are there financial advisors in Vermont who are knowledgeable about socially responsible or sustainable investing?

Accepted Answer

Yes, there are financial advisors in Vermont who are knowledgeable about socially responsible or sustainable investing. These advisors understand the growing interest in investing with environmental, social, and governance (ESG) factors in mind. When choosing a financial advisor who specializes in socially responsible investing, it may be wise to search for advisors who are members of organizations like the Sustainable Investment Professional Certification (SIPC) or the US SIF: The Forum for Sustainable and Responsible Investment. To further understand a financial advisor's approach to socially responsible investing, consider using the following  6 Questions On Sustainable Investing that you should ask your financial advisor.

Question 16

What resources or tools do financial advisors in Vermont use to track their client's investments or financial progress?

Accepted Answer

Financial advisors in Vermont typically use a range of resources and tools to track their client's investments and monitor financial progress. These may include creating regular portfolio reports to summarize investment performance and allocation, as well as utilizing risk assessment tools to help determine clients' risk tolerance and align investment strategies. Advisors may also provide educational resources to enhance financial literacy, use rebalancing tools to ensure alignment with long-term objectives, and use goal tracking to help clients monitor specific financial targets. Notably, the availability of resources can vary based on the advisor's expertise, firm practices, and individual client preferences. Therefore, it's important to inquire about an advisor's investment management process to gain more insight. To learn more, read on about how financial advisors track and monitor your financial goals.


NLG CAPITAL, INC.Montpelier, VT	43	8	$35,941,367,795	Other (AT COST TO AN AFFILIATE)
CHAMPLAIN INVESTMENT PARTNERS, LLCBurlington, VT	42	119	$17,319,756,035	A percentage of AUM, Performance Based
MANCHESTER CAPITAL MANAGEMENT LLCManchester, VT	37	1684	$3,688,455,226	A percentage of AUM, Fixed fees
ESI FINANCIAL ADVISORSMontpelier, VT	450	11558	$2,124,751,345	A percentage of AUM, Hourly charges, Fixed fees, Commission Based
MAPLE CAPITAL MANAGEMENT, INC.Montpelier, VT	23	2649	$1,723,412,484	A percentage of AUM, Hourly charges
TRG INVESTMENT ADVISORS, LLCBrattleboro, VT	7	534	$1,113,838,194	A percentage of AUM, Fixed fees
ONE DAY IN JULY LLCBurlington, VT	20	3737	$1,089,449,663	A percentage of AUM, Fixed fees
PATHWAY FINANCIAL ADVISORS, LLCSouth Burlington, VT	11	912	$782,973,506	A percentage of AUM, Hourly charges, Fixed fees
HANSON & DOREMUS INVESTMENT MANAGEMENTBurlington, VT	14	1390	$736,675,665	A percentage of AUM, Hourly charges
CLEAN YIELD ASSET MANAGEMENTNorwich, VT	9	645	$538,765,642	A percentage of AUM, Fixed fees, Other (CONSULTING FEES)
ROCK POINT ADVISORS, LLCBurlington, VT	9	483	$527,281,163	A percentage of AUM
M. KRAUS & COMPANYShelburne, VT	5	486	$523,512,825	A percentage of AUM, Hourly charges, Fixed fees
MARBLE TRAIL ADVISORSMiddlebury, VT	9	1302	$490,221,306	A percentage of AUM, Fixed fees, Other (ASSET MANAGEMET FEES RECEIVED FROM OTHER INVESTMENT ADVISORS)
SILVERLAKE WEALTH MANAGEMENT LLCWilliston, VT	10	606	$485,680,764	A percentage of AUM, Hourly charges, Fixed fees
PRENTISS SMITH & COMPANY, INC.Brattleboro, VT	9	655	$439,065,707	A percentage of AUM, Fixed fees

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