Technology makes it easier than ever to invest, so what are the benefits of an independent advisor? Experts in almost any industry hear this question regularly and are asked to justify their jobs when technology is making things more accessible. Here, we explain what an independent advisor is and how we add value to your investing.
What Is an Independent Advisor?
An independent advisor is a financial advisor who can offer impartial financial advice free from the influence of certain companies, financial institutions, or services. Therefore, you can trust that the advice is based on your investment objectives rather than incentivized by interested parties.
In Canada, independent advisors have a fiduciary duty to their clients, meaning they are legally bound to put their clients’ best interests first. Your interests and investment goals will come before the independent advisor’s own interests.
What Are the Benefits of a Silver Cedar Independent Advisor?
At Silver Cedar Wealth Management, we pride ourselves on helping our clients build a strong and secure future. For you that might mean creating a robust portfolio or it might mean creating a legacy for future generations. The benefits of a Silver Cedar Independent Advisor are:
- Professional Relationships – As a boutique operation, Silver Cedar Wealth Management puts its clients at the forefront of the business. We care about you and your aspirations. We see investment as a vehicle to help you to achieve your business and life objectives. We understand that you have worked hard for your money, and we hold ourselves accountable for safeguarding your financial future. This is why our first step is always to meet with you and your family to understand what you hope to gain and what these investments mean to you.
- Transparency – Our fees are posted on our website, so our clients know exactly what they are paying. There are no unexpected costs or surprises when you check on your investments. We are happy to advise you on the advantages and disadvantages of investment decisions and any costs they may occur.
- Tailored Advice – The financial advice we give our clients is individual to their portfolio, their investment objectives, and their risk tolerance. We pride ourselves on getting to know our clients so we can tailor their investments. ETFs can add considerable value to investors’ portfolios and Silver Cedar Wealth Management can help build personalized, goals-based strategies to meet individual client needs effectively and efficiently. No matter your objectives, we can advise how investment decisions can assist or hinder those objectives. We will provide personalized, custom-tailored solutions that appeal to clients at various life stages. That means asking questions and being responsive to their needs and objectives every step of the way.
- Expertise – The Silver Cedar team has a wealth of financial knowledge and experience behind it. We work almost exclusively with high net worth individuals and have expertise in working with their unique goals. We will explain all our recommendations in accessible terms to ensure you understand your finances and the impact of an action. We help clients come up with an investment plan that looks at the big picture, no matter how complex their needs are.