


Addressing the tax implications of business ownership. How does a wealth advisor help clients navigate significant life transitions, such as marriage, divorce, or the death of a loved one?
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what does a wealth advisor do
- What is risk tolerance and how is it assessed? What is the time value of money?
- Planning for healthcare expenses in retirement. What are the key considerations in estate planning that a wealth advisor can help me address?
- Analyzing the client's current debt situation, including interest rates and repayment terms.
- Recommending appropriate types and levels of coverage for home, auto, and liability insurance.
- When should I start planning for retirement? What is estate planning?
- What due diligence should be done on alternative investments? What is socially responsible investing (SRI)?
- Does the firm have a succession plan in place?
- How can I incorporate collectibles into my overall wealth plan? How does a wealth advisor handle confidential information?
- How is technology changing the wealth management industry?
- Where can I report unethical or illegal behavior by a wealth advisor? What is the role of technology in wealth management?
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