Frequently Asked Questions
Certified Financial Planner Services FAQ
Do you work with people outside of Huntsville, AL?
Absolutely! Prudent Wealth has been operating on a 100% virtual model for several years, making our services accessible no matter where you are. We've successfully maintained client relationships through various relocations, leveraging technology to ensure seamless and convenient interactions.
While Huntsville Alabama is our home base, we can serve clients nationwide, including Puerto Rico and the Virgin Islands. The flexibility of virtual meetings, whether by phone or online, allows us to consistently deliver high-quality financial planning services. The advancements in virtual communication have shown that physical distance does not impede our ability to provide excellent service.Are you a Certified Financial Planner®?
As a Certified Financial Planner® since 2003, I hold the highest standard certification in financial planning, achieved by fewer than 30% of planners.
What sets a CFP® professional apart includes: 1. Fulfilling the comprehensive requirements established by the CFP Board. 2. Committing to always act in the best interests of clients when providing financial advice and adhering to stringent ethical and conduct standards. 3. Proving the expertise required for holistic financial planning. 4. Accumulating a minimum of three years of practical financial planning experience. (www.cfp.net)Can I use just one of your services?
We aim to simplify your financial life through comprehensive solutions. Coordinating financial planning with investment portfolios usually provides the best results. Most clients benefit from our combined services, but we also offer financial planning only, especially for those without investment assets beyond their company provided retirement plan.
Standalone investment management is available for clients with assets over $4,000,000, at which point we integrate financial planning.
Why should I pay a financial advisor for guidance?
Yes, you can manage your portfolio yourself, and many do so successfully. However, we brings 25+ years of experience in navigating financial landscapes. We've guided clients through significant market events such as the Dotcom bubble, September 11th, the Global financial crisis, and the Covid-19 recession. Beyond market events, we assist clients with life-changing situations like the loss of a spouse, executing estate plans, utilizing tax strategies to reduce their tax burdens, and managing risks with informed options. Our 25+ years of experience ensure we can help you tackle future challenges, not just in markets but in personal life events that can occur suddenly.
Many choose to outsource this aspect of their lives due to a lack of time, interest, or because financial issues are stressful. Analytical individuals often fall into "analysis paralysis," where overanalyzing can lead to inaction and lost opportunities. Having a professional to consult for significant decisions, such as retirement, taxes, investments, and risk management, ensures you avoid mistakes and consider all options. We've assisted hundreds of clients over the years, addressing numerous issues and challenges. Our experience is what you are investing in. We’ve helped over 100 clients retire, you only retire once, you cannot afford to make mistakes.
Your financial future is too important for a DIY approach. Hiring a professional helps you stay accountable, proactive, and confident in your decisions, freeing up your time for a better, more assured life. Think of us as your "Thinking Partner," empowering you to make informed financial choices and enhance your overall quality of life.When to begin working with a financial planner?
Engaging with Prudent Wealth, for professional advice, can be crucial at various stages of life, especially during significant events such job changes, family milestones, or preparing for retirement.
By engaging us, you ensure that your financial decisions are well-informed and aligned with your long-term goals. We can provide tailored advice on investment management, retirement planning, and tax optimization, ensuring that your financial strategy supports your goals.How do I get started?
The first step in getting started is to schedule a call (Define the Problem) to see if we’re potentially a good fit for each other. This initial meeting helps us understand your unique needs and how we can best assist you. Click on the link below to schedule a time to talk. Click Here to Schedule