Financial advisor

Avantax: Welcoming New Advisors and Tackling Longevity Risks!

Avantax is shaking things up by welcoming new advisors and stepping into the future of financial planning with longevity assessments! Not to be missed!

In a fascinating development within the world of finance, Avantax® Inc. has recently welcomed independent financial advisor Carolyn Bare to its growing family. Avantax, operating under the Cetera Holdings umbrella, is known for its innovative approach that seamlessly blends tax-focused financial planning with wealth management. Bare’s addition is expected to enhance the team's offerings, as she brings a wealth of experience and an eye toward maximizing clients’ financial security during retirement. Whether you're saving for a rainy day or managing a portfolio, it's exciting to see new talent joining the fray!

In addition to talent acquisition, trends in financial planning reflect a significant shift towards longevity risk planning. Alexandra Macqueen, a certified financial planner and vice-president of learning, brought to light that addressing longevity risk is a relatively new concept within the financial sector, yet crucial for clients. As life expectancies increase, more planners are incorporating these assessments to guide clients through their financial journeys. After all, nobody wants to run out of funds before they run out of years! This evolving methodology promises to not only extend clients' financial legs but also ensure they enjoy a life full of freedom and adventure.

Furthermore, Avantax continues to add to its impressive team by bringing on board a former LPL advisor based in South Carolina. This move furthers the company’s stronghold in tax-focused advisement, demonstrating a growing appeal for independent advisors who share a passion for helping clients strategically navigate their financial paths. The emphasis is clear: the future of financial advising is not merely about numbers but fostering lasting relationships that thrive on trust and expertise. Avantax is setting the pace with these strategic additions, and the industry is watching closely!

With all this excitement, what can we expect in the world of financial planning? For one, more financial advisors might follow suit and provide longevity risk assessments, acknowledging that clients are living longer and need plans that reflect their extended life goals. In fact, a recent study highlights that over 63% of advisors are increasingly concerned about longevity risks! This means a potential shift in how wealth management strategies are tailored, ensuring that planning isn't just a short game but a long-term journey too.

On another note, Avantax’s strategic focus isn't just about numbers—it's about creating a supportive community where advisors can thrive! With initiatives like community forums and shared resources, they provide a platform for independent financial advisors to collaborate and innovate, ultimately benefiting clients everywhere. How cool is that? If you're looking for financial advice, you might want to hop on this Avantax train before it’s full speed ahead!