Financial Advisor in Garden Grove, CA

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Financial Advisor in Garden Grove, CA. Your hard-earned money deserves attention, and you need to feel secure about how it's being managed and how it's being used. Numerous Garden Grove residents do not have the financial literacy to feel like they can handle their investments and finances by themselves, while others are too busy or interest to stay informed on market trends along with new laws, rules, and different events happening around the world. That's when you need a reliable, seasoned, and knowledgeable financial advisor. A Correct Capital financial advisor in Garden Grove, CA will help your finances grow. We utilize in-depth analytics along with our extensive expertise to create personalized financial solutions for individuals, families, and businesses in Garden Grove, CA and beyond. Call us today at 877-930-4015 or contact us online to learn how Correct Capital can help you.

Uncertain if you're ready to hire a financial advisor in Garden Grove, CA? Explore our process page to find out how simple we make it to determine if we would make a good team.


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Correct Capital Wealth Management's office is physically located in St. Louis, MO, but we serve clients throughout the United States in both personal financial planning and corporate retirement plans.

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A 2018 study by FINRA revealed that 53 percent of American adults are worried about their finances. A source of that concern is often simply not being sure they're making the right decisions with their money. Once our Garden Grove, CA financial advisor team gets to know you, your finances and your financial goals, we'll build a road map to help you realize them. As a fiduciary and an independent firm, every Correct Capital financial advisor is legally and ethically bound to act in your best interest and we are not limited in the solutions we can put forward. Our financial advisors in Garden Grove, CA have certifications that can only be acquired through exhaustive testing and by meeting strict education requirements.

What Is a Financial Advisor?

A financial advisor is a professional who assists individuals manage their money, budget, save, and prepare for their financial future. This role covers a spectrum of services, from portfolio management and retirement planning to tax planning and estate planning. The primary goal of a financial advisor is to help individuals and organizations reach their financial objectives by creating strategies that align with their risk tolerance, financial situation, and long-term goals. While technically anyone can be called a financial advisor or financial planner, reliable and professional advisors will have accreditations from organizations such as FINRA and the CFP Board that indicate their experience and education.

Types of Financial Advisors in Garden Grove, CA

There are several types of advisors that differ based on the services they provide, their compensation models, their professional expertise, and their legal obligations to clients:

  • Investment Advisors or Portfolio Managers: These professionals provide advice on securities and manage investment portfolios. They're often associated with RIAs and are required to act in a fiduciary capacity, meaning they always have the client's best interest at heart. Investment advisors are certified with either the Securities and Exchange Commission (SEC) or state regulators, depending on the assets under management.
  • Broker-Dealers and Brokers: Broker-dealers trade securities like stocks, bonds, and mutual funds for their clients or for their own accounts. They must be registered by the SEC and are generally members of FINRA. The financial products they can sell are determined by their specific licenses, such as Series 6 or Series 7. For example, someone who has a Series 7 license is qualified to sell general securities, such as mutual funds and exchange-traded funds (ETFs).
  • CERTIFIED FINANCIAL PLANNER™ Professionals (CFPs): Advisors with the CFP certification have completed rigorous training and uphold high ethical standards, including a fiduciary duty to their customers. CFPs offer a broad range of financial planning services, including debt management to retirement planning, and investment strategies. This approach is holistic, intended to address all aspects of a client's financial life.
  • Financial Consultants: This term can be widely applied, but chartered financial consultants (ChFCs) have completed education comparable with CFPs and also adhere to a fiduciary duty. They specialize in offering holistic financial advice, encompassing areas such as investment management to tax advice, guaranteeing that clients' financial goals are met with the highest ethical standards.
  • Financial Coaches: Are dedicated to improving clients' financial literacy, assisting with fundamentals such as saving money and budgeting. They are ideal for clients who are not yet wealthy enough to work with most financial advisors. Their services offers a good starting point for handling personal finances efficiently, especially for those looking to take the first step towards financial wellbeing.
  • Wealth Managers: Specialize in serving high-net-worth individuals, offering a broad array of services that include estate planning, tax help, and investment management. They collaborate intimately with their clients to navigate complex financial situations and implement wealth preservation strategies. Their skill set is focused on enhancing the financial health and future of those with substantial assets, making sure that all investments and planning strategies meet personalized advice and solutions.

Each type of financial advisor offers unique expertise and services to the table. At Correct Capital, our group of advisors features CFPs and other qualified professionals who embody the highest standards of fiduciary responsibility and personalized service, guaranteeing that we act only in the best interest of our clients in all of our advice and dealings.

What Does a Financial Advisor Do?

A financial advisor will asses your present financial situation, pinpoint means to improve it, and help you meet your future financial goals. Many Garden Grove, CA residents frequently immediately think of investing when they hear wealth management services and financial advisors. While that is a central feature of any financial plan, an experienced financial advisor will be able to provide you with extensive financial advice that takes into consideration the whole of your finances. Below are some of the services your Correct Capital financial advisor in Garden Grove, CA will use in order to help you achieve your goals.

  • Financial Planning

    Our finances are integral to almost everything we do, from making sure we're prepared for retirement, to paying for college, buying and/or selling a home, choosing insurance policies, and putting food on the table each night. The best financial advisors in Garden Grove, CA offer all-encompassing services and personalized guidance by taking into account your entire financial situation.

  • Tax Planning

    Tax considerations play a role almost any time money is exchanged or used. According to the IRS's own data, more than 70 percent of Americans overpay in taxes every year. The United States tax code is notoriously complex, yet it allows for perfectly legal means to minimize taxes owed. A skilled and ethical Garden Grove, CA financial advisor will guide you through your tax implications to ensure keeping more money in your own account.

  • Portfolio Management and Asset Management

    Your financial portfolio is the assembly of your financial assets. They can include equities, bonds, mutual funds, exchange-traded funds (ETFs), cash equivalents, or alternative assets such as art. A financial advisor in Garden Grove, CA will assist in allocating and diversify your assets to mitigate risk and strategically position your money for long-term success.

  • Retirement Planning

    Depending on where you stand in life and the kind of life you want to live when you retire, your Garden Grove, CA financial advisor will assist with tax implications, evaluating the best age to retire, when to withdraw money and how much to withdraw. A financial advisor will aid in creating a budget and plan for where your income will come from in retirement so you can live out your golden years just how you want to.

  • 401(k) Services

    We offer 401(k) services to individuals and families as well as Garden Grove, CA businesses and business owners. Introducing a 401(k) plan is a superb way to retain your best employees and keep them motivated and happy. Our retirement consultants oversee over $218 million in plan assets and numerous of plan participants nationwide. Our Garden Grove, CA financial advisor team offers thorough 401(k) planning for companies as well as individualized benefits for their employees.

  • 401(k) Rollover

    When starting a new job, it can be challenging to know the best way to deal with the money you've already saved in a previous Garden Grove, CA employer's 401(k) plan. You have multiple options, including keeping the money in the account it is currently in, moving it to a new 401(k), or investing the money in one of a selection of IRA accounts. A financial advisor will know how to best navigate managing your 401(k) funds.

  • Generational Wealth Transfers

    You earn your money, and it's normal to want to leave a legacy and pass on some wealth behind the people you care about the dearly. Wealth transfers are distinct from simply leaving gifts behind in estate planning. A financial advisor in Garden Grove, CA can optimize your money for not only your children but for generations to come, even ones you haven't met yet.

  • Fiduciary Advising

    Anyone can call themselves a "financial advisor," so it's paramount to choose one who has accreditations and certifications from regulatory bodies such as the CFP Board, Fi360, InFRE, and FINRA. As fiduciary advisors and CERTIFIED FINANCIAL PLANNER™™ professionals, your Garden Grove, CA financial advisor at Correct Capital must abide by a "Code of Ethics and Standards of Conduct" to:

    1. Act with honesty, integrity, competence, and diligence.
    2. Act in the client's best interest.
    3. Exercise due care.
    4. Avoid conflicts of interest, disclose them when they arise, and manage them in the client's best interest.
    5. Maintain confidentiality and protect the privacy of client information.
    6. Act in a manner that reflects positively on the financial planning profession and CFP® certification.
  • Debt Management

    Financial advisors offer personalized debt management plans that focus on managing debt, securing lower interest rates where possible, and prioritizing repayments. The goal is to create a practical path forward that aligns with your financial capabilities and goals, eventually leading to financial freedom.

  • Budgeting

    Creating and sticking to a budget is fundamental to achieving financial health and goals. Financial advisors in Garden Grove, CA can assist clients understand how much money's coming in, spot areas for savings, and set realistic spending limits that promote growing your wealth. By providing resources and strategies for successful budgeting, advisors make sure that clients can fulfill their current financial obligations while also saving for future goals.

When you hire a Garden Grove, CA financial advisor at Correct Capital, we start by getting to know you personally and your goals. We will assess your current income, assets, investments, debts, and expenses. After we've done that, we'll work in concert with you to determine your preferred risk tolerance and how we can best help you realize your goals. As an independent advisory firm, our only responsibility is to act in your best interest. There is no restrictions to the services, products, and investment opportunities our financial advisor team can suggest, and we will never try to sell you on something we do not believe in ourselves.

When Should I Consider Hiring a Financial Advisor in Garden Grove, CA?

Seeking the advice of a financial advisor can be a critical step towards achieving financial well-being, peace of mind, and wealth. While the optimal timing can differ greatly from person to person, certain life events and circumstances often suggest the need for professional financial advice.

  • Major Life Transitions: Life is a series of transitions, and many of them have significant financial implications. Whether you're starting a family or facing retirement, these milestones can profoundly affect how your money should be used and invested. A financial advisor can help you manage these changes, ensuring that your financial plan adapts to meet your changing situation and goals.
  • Lack of Experience, Time, Knowledge, or Interest to Manage Your Finances Alone: Managing personal finances can be complex, time-consuming, and, frankly, overwhelming for many. If you lack the experience to successfully handle your investments, or simply choose to spend your energy on other pursuits, a financial advisor can be crucial. They bring experience and perspective to your financial decisions, assisting to optimize your portfolio, prevent costly mistakes, and set up your investments for sustainable growth.
  • Getting Close to Retirement: Retirement planning is one of the most common reasons individuals seek out financial advice. An advisor can aid you evaluate your current financial situation, calculate your retirement needs, and formulate a plan to ensure you can live comfortably during your retirement years without worry. This includes strategies for Social Security benefits, pension management, and withdrawal plans from retirement accounts.
  • Complex Financial Products: The financial market offers a plethora of investment options, many of which come with their own complexities. If you're considering investments in complex financial products—such as derivatives, alternative investments, or tax-optimized strategies—an advisor's knowledge can be crucial. They can assist you comprehend the risks and benefits, ensuring that any investment fits your overall financial strategy and goals.

Questions to Ask a Financial Advisor Before Hiring Them

Trust is essential whenever you hire someone to do something, but especially so when it comes to your hard-earned money. In addition to finding a dependable advisor, you need one who perfectly matches your needs. It's important to ask the right questions during your initial meetings. Here are key questions to consider:

  • What is your experience in the financial advisory field?

    Understanding an advisor's background, including their time spent in the industry, the varieties of clients they've worked with, and their specializations, can offer you a sense of their proficiency and whether they're prepared to tackle your specific financial circumstances.

  • What are your qualifications and certifications?

    Ask them to mention any certifications (e.g., CFP®, CFA, ChFC) the advisor holds. These credentials often require meeting demanding education, experience, and ethical standards, indicating a high level of professionalism and expertise.

  • What is your investment philosophy?

    An advisor's investment philosophy should complement your risk tolerance and financial goals. Whether they favor a cautious approach with a focus on long-term growth or a more aggressive strategy, their philosophy should reflect your aspirations and expectations.

  • How do you usually communicate with clients?

    Communication style and regularity are essential to a successful client-advisor relationship. Inquire about how often you'll have meetings, whether they'll be in person or online, and how the advisor intends to keep you updated about your investments and financial plan.

  • What's your fee structure?

    Advisors can be fee-only, commission-based, or a mixture thereof. Understanding how an advisor is compensated will assist you in identifying potential biases and ensure that their advice is given with your best interests in mind.

  • Do you have a fiduciary duty to your clients?

    Confirming that an advisor serves as a fiduciary is vital. This means they are bound by law to put your interests before their own, giving advice that optimally benefits your financial goals and needs.

  • What services do you offer beyond investment management?

    Many advisors provide holistic financial planning services, including retirement planning, tax strategies, estate planning, and more. Additionally, some financial advisory firms offer more in the way of client education and portfolio reviews. Knowing the full scope of services offered can help you gauge whether the advisor can meet all your financial needs.

  • How do you handle conflicts of interest?

    An honest advisor will transparently share potential conflicts of interest and how they deal with them to ensure they don't harm their clients' financial plans. Fiduciary advisors must reveal conflicts of interest, and must manage them in their client's best interest.

Asking these questions will not only provide you with essential information about the financial advisor's qualifications and approach but also assist you in determining whether there is a good personal fit. Remember, a strong relationship with your financial advisor is built on transparency, trust, and mutual understanding.

You can find many of these questions answered on our FAQ page.

How Much Does a Financial Advisor Cost in Garden Grove, CA?

In general, there are three common ways for financial advisors to be compensated:

  1. Commission-Based: Commission-based advisors make their earnings through commissions on the products they sell, such as insurance policies. This fee structure can create a possible conflict, as the advisor might be incentivized to suggest products that generate higher commissions rather than those that are most suited to your financial goals. Commission-based advisors are typically held to the suitability standard as opposed to the fiduciary standard, which means they have to advise on products that can aid in achieving your goals, but not necessarily the ones most appropriate to your needs.
  2. Fee-Only: Advisors on a fee-only basis are compensated straightforwardly by clients for the guidance and assistance they provide and do not receive any commissions from product sales. This compensation can take several forms, including hourly rates assets under management (AUM). This model is frequently regarded as more clear and in line with the client's best interests, as it minimizes conflicts of interest related to product sales.
  3. Fee-Based: Fee-based advisors use a combination of client-paid fees and commissions from selling financial products. While this model offers a blend of the fee-only and commission-based structures, such advisors typically also have a fiduciary duty, which means that although they get commission from certain products, they must reveal this to the client and are not allowed to recommend those products unless they sincerely believe they are in the client's best interests.

Correct Capital's Financial Advisory Services in Garden Grove, CA

Correct Capital stands out in the Garden Grove, CA financial advisory landscape for its customized approach to wealth management and financial planning. Recognizing that not all clients have the same starting point or identical goals, we offer a variety of service models to our clients in Garden Grove, CA:


One-Time Financial Plan (best for validators)

This service model is ideal for those who are seeking the insights and advice a financial advisor can offer without the ongoing management. This service is great for individuals who are generally confident in managing their finances but are looking for professional validation to confirm they're doing things the right way. Our team performs a thorough review of your current financial situation, providing you with a detailed plan that tackles your specific goals, concerns, and growth opportunities.


Subscription (best for collaborators)

Our subscription service caters to individuals who value ongoing guidance and advice as their financial situation changes, or when they have specific questions about something related to their finances. This model offers monthly insights from our financial advisors, quarterly meetings, and availability on an as-needed basis. While we will not manage your investments for you, we'll strive to look for opportunities to help you flourish financially.


Wealth Management (best for delegators)

Our wealth management service model is for clients who prefer to hand over the management of their investments and financial planning to professionals. This includes active investment management, comprehensive financial strategizing, and forward-looking guidance on a wide range of financial matters — from tax strategies and preparing for retirement to estate considerations and beyond. Our wealth management clients enjoy a sense of security, knowing that every aspect of their financial well-being is being overseen by a dedicated team of professionals dedicated to maximizing their wealth and achieving their long-term goals.


Why Choose Correct Capital as Your Garden Grove, CA Financial Advisor?

Correct Capital is a leading choice for individuals and families in Garden Grove, CA seeking trusted, professional financial guidance. Here's why choosing Correct Capital can make a significant difference in your financial journey:

  • We are Fiduciary Advisors: As fiduciaries, we are legally obligated to act in your best interests. This commitment guarantees that every piece of advice, every investment recommendation, and every strategic decision we make on your behalf is carried out with your best interests at heart.
  • Our I.O.U. Promise: All the advice we offer is independent, objective, and unbiased. Our independence means we aren't tied to any financial institution or product, enabling us the freedom to choose the best investments and strategies for you.
  • Professional Credentials: We are a Registered Investment Advisor (RIA), which allows us access to a wide variety of investment solutions and research. Our advisor team includes a couple of CERTIFIED FINANCIAL PLANNER™ professionals, an Accredited Investment Fiduciary (AIF®), an Enrolled Agent, and a CPA. Additionally, our retirement consultants and financial portfolio managers have over 100 years of combined experience.
  • We Are Proactive: Our advisors believe that the most valuable way to create long-term financial security is to stay ahead of trends and lead, rather than follow. Utilizing in-depth research and analytics, we prepare the most appropriate strategy for your needs.
  • Ongoing Education and Resources: Correct Capital offers quarterly webinars and workshops aimed at keeping you up-to-date and engaged with your financial health. Our dedication to client education ensures that you are fully prepared to make informed decisions alongside your advisor.

Choosing Correct Capital as your financial advisor in Garden Grove, CA means joining forces with a team dedicated to your financial success. Our expertise, fiduciary commitment, and personalized approach to financial planning and investment management make us the perfect choice for individuals and families seeking to achieve their financial goals and safeguard their future.

Other services we offer in Garden Grove, CA include:

Call Correct Capital's Garden Grove, CA Financial Advisor Team Today

Your money and the decisions you make with it are deeply personal. At Correct Capital, we firmly believe in the relationship between an individual, family, or business owner in Garden Grove, CA and their financial advisor is based on trust. Dedicating our lives to guiding our clients realize their personal and financial goals, be it funding higher education for your children or making the dream purchase of that dream car during your retirement years. Contact our Garden Grove, CA financial advisor team today at 877-930-4015 or start a conversation with us online to begin building your wealth in the manner you desire.


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