Transamerica Financial Advisors

Financial Advisor in Trumbull County, OH

Firm Info
Address: 11 Central Square Suite 600, Youngstown, OH 44503, USA
Phone: (330) 967-0456

Firm Size
Assets Under Management: $1.8 billion
# of Advisors: 1,225
# of Clients: 50,030
Client to Advisor Ratio: 41:1
Average Account Size: $35,152
# of Offices: 1

Services Offered
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • Selection of Others Advisors
  • Educational Seminars & Workshops

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • Corporations or Other Businesses Not Listed Above
  • Other

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Commissions

Get Connected with a Financial Advisor

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Transamerica Financial Advisors, Inc. Overview

Transamerica Financial Advisors, Inc. is a registered investment advisory firm that has been serving clients since 1991. The company is headquartered in St. Petersburg, FL and specializes in providing investment advice through a fee based fee arrangement. Their services include investment portfolio management for individuals and small businesses, as well as businesses or institutional clients. The firm is a broker-dealer and insurance broker/agent, which means that they are authorized to buy and sell securities, and offer insurance products to their clients. They also provide a selection of other advisors to help clients make informed investment decisions. Transamerica Financial Advisors, Inc. prides itself on offering educational seminars and workshops to help clients make informed financial decisions. These seminars cover a variety of topics, including investment strategies, risk management, retirement planning, and estate planning. The firm is committed to providing personalized service and helping clients achieve their financial goals.

Transamerica Financial Advisors, Inc. is a multifaceted firm that serves a diverse range of clients. The firm's clients include individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, other corporation types not listed, and other types of clients. Transamerica Financial Advisors, Inc. has the expertise to help clients navigate the ever-changing financial landscape, whether they are looking for help with short-term investments or long-term planning for their retirement. When it comes to fee structures, Transamerica Financial Advisors, Inc. offers flexible options depending on the service provided. For some services, the fee is a percentage of assets under management (AUM), which is a common approach to charging fees in the financial industry. When Transamerica Financial Advisors, Inc. is managing a client's assets, this fee structure ensures that the advisors are incentivized to generate a return for their clients. For other services, commission-based fee structures may be used. Commission-based fees are charged when the client buys or sells a product, like a bond or a stock. This fee structure is an alternative to a percentage of AUM fee structure and can be more appropriate for short-term investments and transactions. Regardless of the fee structure chosen, Transamerica Financial Advisors, Inc. is committed to transparent and ethical practices to ensure that their clients receive the best possible service.

Typical Clients, Fee Structures & Investment Minimum

According to the note in their Part 2 Brochure, Transamerica Financial Advisors, Inc. offers programs with minimum investment amounts starting at $10.00. However, the investment minimum may vary depending on the account program selected by the client.

How This Office Can Help Trumbull County, OH Residents

Transamerica Financial Advisors offers a range of services to their clients in Trumbull County, OH. One of the main ways they assist clients is by helping them plan for their retirement. Many people in Trumbull County may not have saved enough for retirement, and Transamerica Financial Advisors can help them create a plan to save more and make their retirement dreams a reality. Additionally, Transamerica Financial Advisors can help clients in Trumbull County with other financial situations, such as debt management and budgeting. Many people in the area may be struggling with debt due to unforeseen circumstances or medical expenses. Transamerica Financial Advisors can help them find ways to manage their debt and create a budget that allows them to save for the future. Overall, the financial advisors at Transamerica are there to help their clients in Trumbull County navigate their finances and achieve their financial goals.

To view the Minimum Investment and Fee Schedule for Transamerica Financial Advisors, Inc., visit their Part 2 Brochure.

Services Offered by Transamerica Financial Advisors, Inc.

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Transamerica Financial Advisors, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Commissions
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 11 Central Square Suite 600, Youngstown, OH 44503, USA
Phone (330) 967-0456
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

Firm Headquarters
Firm headquarters location 570 CARILLON PARKWAY, ST PETERSBURG, FL 33716-1202, United States

This firm has no other locations.

State Registrations

Transamerica Financial Advisors, Inc. is registered to service clients in the following states:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Virgin Islands

Disciplinary History

Transamerica Financial Advisors, Inc. does not have any disclosures. Please visit it's Form ADV for more details.

FREQUENTLY ASKED QUESTIONS

Fiduciary Financial Advisor FAQs