Behind the curtain...
Information compiled and provided by The Wealth Defender
Broadly defined, financial advice refers to recommendations, guidance or expertise provided by financial professionals to help individuals make informed decisions about managing their finances, achieving financial goals and navigating complex financial situations. Financial advice can span various aspects of personal finance, including but not limited to budgeting, saving, retirement planning, tax strategies, insurance, estate planning, debt management and risk management.
At The Wealth Defender, we provide financial advice and are regulated professionals with specific standards and protocols.
At the core of our work lies a recognition of the impact that effective financial advice could have on an individual throughout their life, whether it be planning for retirement, managing debt, financial planning or investing for the future. Sound financial advice can empower individuals to make informed financial decisions and achieve long-term goals.
The Value of Financial Advice
The financial advice landscape is changing in the information age. Introduction Innovations such as real-time financial product information, social media and super apps have empowered a shift in financial advice.
TREND 1 Changing demographics
As life expectancy increases and wealth is transferred to other generations, there is a need for innovative financial advice to help investors prepare for long-term financial resilience.
TREND 2 Holistic financial well-being
Holistic financial advice has the potential to help individuals achieve financial well-being. As life expectancy increases in much of the world global research indicates many individuals are not prepared financially to retire.
TREND 3 Digitally accessible and hyperpersonalized
Individuals increasingly expect digital accessibility and hyper-personalized advice.
Investors today want instant access to their financial products and accounts. Firms need to consider the entirety of their digital engagement channels and ensure that investors feel they have options to receive advice on demand.
TREND 4 Transparent and fair pricing
Industry dynamics, regulatory reforms and technological advancements are driving a rise in transparent and flexible pricing models. Shifting preferences among individuals of all generations and calls from some policy-makers advocating for transparent, flexible and fair pricing models have driven innovation for business models to offer great choice and control over advisory costs.
TREND 5 Technology innovation
Strategic use of technology is crucial to unlock the potential of financial advice by increasing adviser productivity, reducing costs and improving access. Integrating technology in financial advice can lower operational costs through automation and robo-advisers. Innovations such as these, along with digital platforms, can provide scalability through cloud infrastructure, data analytics and lower operational costs.
The End Game
At The Wealth Defender we’re gearing up for a better future, for life.
We’re building a diverse adviser team by focusing on development and retention to better reflect and serve our clients. We’re setting actionable targets, measuring progress and training our advisory force on historical barriers to entry for diverse candidates.
We’re innovating marketing and outreach strategies to better resonate with clients.
We aim to empower individuals with the knowledge and strategies needed to make sound financial decisions, ultimately enhancing their financial well-being and helping them achieve their long-term financial goals.
875 North Easton Road, Suite #2
Doylestown, PA 18902
email: ceo@thewealthdefender.com
610.633.0202
SPECIAL NOTE:
Withdrawing funds from the cash value of a life insurance policy may have negative effects on the death benefit and other features of the product. Any examples provided are for illustrative purposes only and is not guaranteed.This information is being provided only as a general source of information and is not meant to be legal or tax advice. It is not intended to be the primary basis for financial decisions and should not be construed as advice designed to meet the needs of an individual situation. Please seek the guidance of a professional regarding your specific financial needs. Consult with your tax advisor or attorney regarding specific tax or legal advice.
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