Fair Lawn, NJ Financial Advisors and Resources



Financial Advisor Firms in Fair Lawn, NJ


BARON FINANCIAL GROUP LLC

Website

(201) 791-6408

16-00 Route 208 South
Suite 104
Fair Lawn, NJ 7410

SEC#: 801-67989
Years in Business: 14 years


How Retirement-Friendly is Fair Lawn, NJ?

  • Population: 33,017
  • % of Population 62 Years and Over: 22.3%
  • Average Home Value: $437,400
  • Average Monthly Housing Cost: $2,071
  • Average Household Income: $148,924
  • New Jersey Total Tax Burden: 9.98% (6th Highest in U.S.)
  • New Jersey Property Tax: 4.94% (3rd Highest in U.S.)
  • New Jersey Individual Income Tax: 2.47% (20th Highest in U.S.)
  • New Jersey Sales and Excise Tax: 2.57% (8th Lowest in U.S.)


Fair Lawn, NJ Financial Advisor FAQs

A qualified financial advisor can help you map out a strategy, but in the end it's up to you. Ultimately, when you sit down with your advisor to create your personal financial plan, it is up to you to make the final decision about the assets and liabilities that will make up your portfolio.
Most financial advisor services fall into two categories, discretionary fee based or flat fee based. The type of service you need will depend on your needs and goals.
A financial advisor will help you set up a realistic long-term plan for reaching your desired level of financial stability or wealth. This involves setting and meeting short-, medium-, and long-term goals, executing the right mix of investments, maximizing your tax exemptions to reduce accumulation and taxation fees, and decreasing your risk exposure through diversification.
Asking questions is the best way to get the information you need in order to make an informed decision. For example, when interviewing a financial advisor (or prospective financial advisor), it's important to ask yourself these two questions: What are their qualifications? Do they specialize in what I'm interested in investing my money in?