Boone County, IL Financial Advisors and Resources

Financial Advisor Firms in Boone County, IL



(815) 222-9413

427 W Edson St

Poplar Grove, IL 61065

SEC#: 801-71923
Years in Business: 11 years

How Retirement-Friendly is Boone County, IL?

  • Population: 53,537
  • % of Population 62 Years and Over: 18.3%
  • Average Home Value: $154,100
  • Average Monthly Housing Cost: $1,113
  • Average Household Income: $89,482
  • Illinois Total Tax Burden: 9.52% (9th Highest in U.S.)
  • Illinois Property Tax: 4.00% (8th Highest in U.S.)
  • Illinois Individual Income Tax: 2.11% (19th Lowest in U.S.)
  • Illinois Sales and Excise Tax: 3.41% (24th Highest in U.S.)

Boone County, IL Financial Advisor FAQs

Financial advisors are professionals who have studied finance, investing, and personal financial planning. They can assist people of any occupation in making smarter decisions about their money. Some basic ways an advisor might help your family include retirement planning, budgeting, college savings or paying for a medical expense.
One should always take into account the experience of the financial advisor, fees incurred, management philosophies followed, qualifications for handling clients with certain risk-profiles and assets, training in counseling or finance related topics.
If you are in need of guidance in all aspects of financial planning, you may want to go with a certified financial planner who has the designation of CFP. They can help with retirement savings, long-term care planning and health care costs, maximizing income (or minimizing taxes), wealth management, and estate planning.
Financial advisors get paid primarily by commission. This is a 'revenue sharing arrangement', where the advisor agrees to share part of their revenue from either investment or insurance products as compensation for services.