There’s a pervasive myth out there that says financial planning services are just for the wealthy; that unless you meet a certain “minimum,” you’re wasting your time seeking out financial assistance (from planners who see your assets as small peanuts, anyway.)

This myth is, simply, not true.

Attentive financial planners are in the business of helping you make the most out of your income and assets, whatever they may be. At Lake Point Advisory Group, we’re specifically interested in building lifelong relationships with our clients; we take their trust seriously. If you’ve been turned away or given the cold shoulder from a financial Advisery firm based on your net worth, you’re just not looking in the right place.

A one-size-fits-all financial planning strategy isn’t right for everyone, particularly those individuals hoping to maximize their personal financial picture.

Here are a few things that are good for your financial Adviser to know if you’re in a lower income bracket than you’d eventually like to be:

  • How have you chosen your previous investments, and are you confident they’re working for you?
  • Do you have a plan for funding your own retirement as well as life expenses like your kids’ college, weddings, etc.?
  • Are you being weighed down by debt and would like help creating a plan to become debt-free?

The strategies and, most importantly, technologies that were once only available to the mega-wealthy are now easily put in place by qualified professionals for lower-income individuals. When clients are just beginning to manage their money professionally they’re also less likely to have a vast portfolio full of different funds and strategies, keeping management costs lower.

At the end of the day, we believe it’s advice and education that make your financial planner worth the investment…and who couldn’t use more good advice? At Lake Point Advisory Group we’ve spent years developing client relationships with individuals in every tax bracket. We see an ongoing need for frank, transparent discussions surrounding personal finances in our own community and our team works hard to ensure every client feels our genuine concern for their financial future.

Would you like to speak to a Texas financial Adviser? Contact Lake Point Advisory Group today to get started – it’s easier than you think!

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance and investment products to custom suit their needs and objectives.