The tax and accounting industry is notorious for looking in the rearview mirror rather than focusing on the future. At Hallows Financial, we think a better approach to accounting is using the past as a tool to make informed decisions for the future. For that reason, we are an advocate for having a financial advisor who can help you navigate your financial future with confidence. Below is a list of five things to consider if now is the time to start working with a financial advisor at Hallows Financial. 

ASSETS TO MANAGE 

If you only have a few thousand dollars to invest, it may not be in your best interest to work with an advisor because most of the things they will do with your money are the same things you could do on your own. However, if you have a sizable portfolio and are in a more complex financial situation,  consulting with a financial advisor at Hallows Financial would definitely be a smart move. Consultations are free and they can help you decide whether or not you have the assets available to manage. 

MAJOR LIFE CHANGES 

Being single and broke makes managing the limited assets you have fairly simple. But when you have a major milestone like getting married, having children, selling a business or property, or approaching retirement often comes with significant financial implications. A financial advisor at Hallows Financial can help you navigate these changes and adjust your financial plan accordingly. 

UNSURE ABOUT HOW TO INVEST 

If terms like diversification, risk tolerance, and asset allocation feel overwhelming, an advisor can guide you. They’ll help you develop an investment strategy tailored to your goals and risk appetite, seeking to ensure your money works effectively for you. 

NERVOUS ABOUT RETIREMENT PLANNING 

Retirement planning can be daunting, especially when considering questions like how much you’ll need and how to ensure your savings last. A financial advisor at Hallows Financial can create a comprehensive retirement plan, so you feel confident about your future. 

SEEK TO MINIMIZE TAX AND MAXIMIZE WEALTH 

Tax laws are complex and constantly changing. A financial advisor can help you make tax-efficient investment and spending decisions, seeking to ensure you keep more of your hard-earned money. At Hallows & Company, we work closely with your advisor at Hallows Financial so you are getting the best tax-related advice in seeking to maximize your wealth in the present and for the future. 

Talking to a financial advisor can provide confidence and a clear path toward financial freedom. If you resonate with any of these signs, now might be the perfect time to seek professional guidance. Contact  anthony@hallowscompany.com to find out how the professionals at Hallows Financial can make sure you are on the right path to financial success. 

*There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification and asset allocation do not protect against market risk.