Corsicana, TX Financial Advisors and Resources



Financial Advisor Firms in Corsicana, TX


TRADEWAY

Website

(877) 777-0703

126 W. Mall Dr.

Corsicana, TX 75110

SEC#: 801-107518
Years in Business: 5 years


How Retirement-Friendly is Corsicana, TX?

  • Population: 23,746
  • % of Population 62 Years and Over: 17%
  • Average Home Value: $118,700
  • Average Monthly Housing Cost: $768
  • Average Household Income: $59,932
  • Texas Total Tax Burden: 8.19% (20th Lowest in U.S.)
  • Texas Property Tax: 3.91% (9th Highest in U.S.)
  • Texas Individual Income Tax: 0.00% (Lowest in U.S.)
  • Texas Sales and Excise Tax: 4.28% (9th Highest in U.S.)


Corsicana, TX Financial Advisor FAQs

Usually, advisors do hourly advice for $150/hour, quarterly sessions for around $600 total, biannual ones at around $1,500 total. Monthly plans are traditionally more expensive because they typically cover your entire portfolio during every meeting whereas the other options are one-time consultations that go over specific items.
You may want a financial advisor if you're not a natural-born money manager, or if you have other family members who will need to work with funds after your death.
Financial advisors can work for commission, a retainer, or a commission plus retainer.
Ask the advisor how long they have been in business. If you are looking for investments, ask what certifications they hold, specifically looking for permission to sell variable annuities. Ask them about the fees involved. Make sure it does not exceed 2% total cost of commission and expenses.