Bay County, MI Financial Advisors and Resources



Financial Advisor Firms in Bay County, MI


DBS INVESTMENT ADVISERS, LLC

Website

(800) 327-2377

6006 Westside Saginaw Road

Bay City, MI 48706

SEC#: 801-116815
Years in Business: 2 years

SORRENTO PACIFIC FINANCIAL, LLC

Website

(989) 453-3113

708 Center Avenue
Thumb Bank & Trust
Bay City, MI 48708

SEC#: 801-70354
Years in Business: 12 years

HANTZ FINANCIAL SERVICES, INC.

Website

(989) 684-9813

101 First Street

Bay City, MI 48708

SEC#: 801-106859
Years in Business: 5 years


How Retirement-Friendly is Bay County, MI?

  • Population: 104,104
  • % of Population 62 Years and Over: 24.3%
  • Average Home Value: $104,100
  • Average Monthly Housing Cost: $713
  • Average Household Income: $63,415
  • Michigan Total Tax Burden: 8.34% (24th Highest in U.S.)
  • Michigan Property Tax: 3.02% (19th Highest in U.S.)
  • Michigan Individual Income Tax: 2.23% (20th Lowest in U.S.)
  • Michigan Sales and Excise Tax: 3.09% (18th Lowest in U.S.)


Bay County, MI Financial Advisor FAQs

Financial advisors are typically compensated in one of two ways: commission based, where the advisor is rewarded for selling a product, or fee-based, where the adviser is given an annual fee for managing your investments.
Yes. Your advisor is not only there to answer mundane questions about interest rates or the stock market but also to provide strategy on how best to invest your assets or make decisions about financing options like loans or even your home mortgage, and many other areas of financial management.
Financial advisors help their clients grow and protect their investments by providing personalized financial guidance. They also must keep up to date on securities laws and regulations, as well as the latest investment strategies and insights from professional investment firms and spend a lot of time researching potential investments.
How does he/she manage client portfolios? Investment practices can range from very conservative to very aggressive depending on the needs of the client.