Cold Spring, NY Financial Advisors and Resources



Financial Advisor Firms in Cold Spring, NY


MAGNOLIA CAPITAL MANAGEMENT

Website

(845) 809-5259

145 Main Street

Cold Spring, NY 10516

SEC#: 801-65323
Years in Business: 15 years


How Retirement-Friendly is Cold Spring, NY?

  • Population: 1,775
  • % of Population 62 Years and Over: 24.4%
  • Average Home Value: $531,300
  • Average Monthly Housing Cost: $1,721
  • Average Household Income: $115,444
  • New York Total Tax Burden: 12.79% (Highest in U.S.)
  • New York Property Tax: 4.40% (6th Highest in U.S.)
  • New York Individual Income Tax: 4.96% (Highest in U.S.)
  • New York Sales and Excise Tax: 3.43% (22nd Highest in U.S.)


Cold Spring, NY Financial Advisor FAQs

Most financial advisors are meant to work with families and businesses, so it would be wise to look for an advisor that matches your situation.
The only way to answer this question accurately is by providing specific information about yourself and your current situation so someone can tailor an accurate estimate for you.
They get paid through commissions, trailing commissions, fixed asset management fees, and performance-based bonuses.
Financial advisors provide a variety of services to their clients. They can work with people on retirement plan distribution decisions, tax-cutting strategies, and on saving for education costs. A financial advisor's job is not always necessary though, since people can do this themselves by opening a savings account at the bank and investing in mutual funds.