A Well-Rounded Advisory Team

Download as PDF

A good financial advisor wears many hats in a client relationship. They might be a behavioral coach, a psychologist or a shoulder to lean on. Their most important role is serving as the “quarterback” of their respective client’s advisory team.

A well-rounded advisory team comprises the following:

Financial advisors typically play a central role in the process, focusing on your overall financial plan, and often coordinating the activities of other professionals who have expertise in specific areas.

Accountants or tax professionals provide advice on federal and state tax issues.

Estate planning attorneys help you plan your estate and give advice on transferring and managing your assets before and after your death.

Insurance professionals evaluate insurance needs and recommend appropriate products and strategies.

Investment advisors provide advice about investment options and asset allocation. They can also help you devise a strategy to efficiently manage your investment portfolio.

The most important member of the team, however, is you. Your needs and objectives should always drive the team.

The information contained herein represents the views of Westwood Wealth Management at a specific point in time and is based on information believed to be reliable. No representation or warranty is made concerning the accuracy or completeness of any data compiled herein. Any statements non-factual in nature constitute only current opinion, which is subject to change. Any statements concerning financial market trends are based on current market conditions, which will fluctuate. Past performance is not indicative of future results. All information provided herein is for informational purposes only and is not intended to be, and should not be interpreted as, an offer, solicitation, or recommendation to buy or sell or otherwise invest in any of the securities/sectors/countries that may be mentioned.