Beacon Wealth Advisors

Retirement Planning Firm in Cornelius, NC

Firm Info
Address: 19315 W Catawba Ave Suite 106, Cornelius, NC 28031, USA
Phone: (704) 947-8444

Firm Size
Assets Under Management: $141.7 million
# of Advisors: 4
# of Clients: 896
Client to Advisor Ratio: 224:1
Average Account Size: $158,147
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Publication of Periodicals or Newsletters

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

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


Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

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Beacon Wealth Advisors, LLC Overview

Beacon Wealth Advisors, LLC is a fee-only registered investment advisory firm that is based in McHenry, IL. Established in 2021, the firm is relatively new to the industry. However, it has quickly made a name for itself by providing top-notch investment advice to its clients. As a fee-only firm, Beacon Wealth Advisors does not accept compensation for selling insurance or investment products. Its only source of revenue is the fees it charges for its services. This fee arrangement ensures that clients receive unbiased advice and recommendations that align with their financial goals. The firm's primary focus is investment advice, and it offers financial planning and portfolio management to individuals and small businesses. Its financial planning services help clients create personalized plans that reflect their long-term goals and risk tolerance. Meanwhile, its portfolio management services help clients build and monitor investment portfolios that meet their financial objectives. In addition to its advisory services, Beacon Wealth Advisors also publishes periodicals or newsletters that provide valuable insights and updates on the financial markets. These publications are an excellent resource for clients who want to stay informed about the latest market trends and developments. Overall, Beacon Wealth Advisors is a trustworthy firm that provides exceptional investment advice and financial planning services. Its fee-only structure, personalized approach, and commitment to client success are sure to make it a leader in the industry for years to come.

BEACON WEALTH ADVISORS, LLC has an extensive range of clients served due to their versatile offerings. They cater to individuals looking to invest their money and manage their wealth efficiently. Additionally, they also cater to high net worth clients seeking to grow their wealth and protect their assets. These clients include top executives, business owners, and other affluent individuals. It is the firm's aim to help their clients achieve their financial goals through comprehensive and personalized financial planning. In terms of fees, BEACON WEALTH ADVISORS, LLC presents multiple options for their clients to choose from. They offer a percentage of assets under management (AUM) fee, which is based on the client's portfolio value. This fee structure encourages the firm to work towards improving their client's investment returns. The firm also offers hourly fees, wherein billing is based on the number of hours spent working on the client's portfolio. Lastly, fixed fees are available for specific services, such as financial planning or tax services. These fees are agreed upon in advance, providing clients with a clear understanding of the costs that they can expect. BEACON WEALTH ADVISORS, LLC believes in maintaining transparency and works alongside clients to customize the fee structure based on their individual needs.

Typical Clients, Fee Structures & Investment Minimum

According to the Part 2 Brochure of Beacon Wealth Advisors, LLC, there is no explicit mention of an investment minimum. This suggests that the firm does not impose a minimum investment requirement for clients. It is important to note, however, that investment minimums may vary depending on the specific investment products or services being offered by the firm. Therefore, prospective clients should communicate directly with Beacon Wealth Advisors to discuss any investment minimums that may apply to their individual situation.

How This Office Can Help Cornelius, NC Residents

Beacon Wealth Advisors is an independent financial advisory firm that provides customized financial planning and investment management services to clients in Cornelius, NC. The firm's approach is to build long-term relationships with clients based on trust, transparency, and a deep understanding of their unique financial goals and situations. Beacon Wealth Advisors aims to offer practical and effective financial solutions that can help clients achieve their financial objectives. Cornelius is a vibrant community that has attracted many retirees and young professionals, who are facing different financial situations. Retirees may be concerned about their retirement savings and maximizing their income during their retirement years, while young professionals may be looking for guidance on managing their discretionary income and planning for their future financial goals. Beacon Wealth Advisors understands the unique challenges that Cornelius residents face and offers personalized financial solutions that align with their individual needs. The firm can provide guidance on investment management, retirement planning, estate planning, tax planning, and many other financial planning strategies.


Services Offered by Beacon Wealth Advisors, LLC

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 Beacon Wealth Advisors, LLC 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)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
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 19315 W Catawba Ave Suite 106, Cornelius, NC 28031, USA
Phone (704) 947-8444
Opening Hours
  • Mon 9 AM–5 PM
  • Tue 9 AM–5 PM
  • Wed 9 AM–5 PM
  • Thu 9 AM–5 PM
  • Fri 9 AM–5 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:
4 Stars  |  3 Reviews

Other Office Locations

Firm Headquarters
Firm headquarters location 5435 BULL VALLEY ROAD, SUITE 224, MCHENRY, IL 60050, United States

This firm has no other locations.

State Registrations

Beacon Wealth Advisors, LLC is registered to service clients in the following states:

  • Florida
  • Illinois
  • Texas
  • Wisconsin

Disciplinary History

Beacon Wealth Advisors, LLC does not have any disclosures. Please visit it's Form ADV for more details.