Folly Beach, SC Financial Advisors and Resources

Financial Advisor Firms in Folly Beach, SC



(843) 588-5169

105 West Huron Avenue
Suite 205
Folly Beach, SC 29439

SEC#: 801-73582
Years in Business: 9 years

How Retirement-Friendly is Folly Beach, SC?

  • Population: 2,660
  • % of Population 62 Years and Over: 30.7%
  • Average Home Value: $543,600
  • Average Monthly Housing Cost: $944
  • Average Household Income: $90,361
  • South Carolina Total Tax Burden: 7.45% (11th Lowest in U.S.)
  • South Carolina Property Tax: 2.77% (24th Lowest in U.S.)
  • South Carolina Individual Income Tax: 1.99% (17th Lowest in U.S.)
  • South Carolina Sales and Excise Tax: 2.69% (9th Lowest in U.S.)

Folly Beach, SC Financial Advisor FAQs

The fees for financial advisors vary by the type of advisor, specialty, and insurance coverages offered. In general, a fee is charged for each transaction between the client and the financial advisor. Such transactions may include an initial consultation, retirement planning advice, brokerage services such as buying or selling securities or making a portfolio allocation change to a mutual fund account.
If there is something specific about your financial situation where you require guidance from an expert in that area - such as should be the case when investing overseas for example - then having access to one would be invaluable.
Having someone knowledgeable to consult with can make all the difference because they might be able to give suggestions that you would not have thought of on your own.
In some cases, a fee-only investment advisor may be cheaper when compared to someone who charges commission plus annual account fees. Keep in mind though these independent advisors may charge an administration fee per year for any assets they invest on behalf of you which could add up to more than a percentage based commission system would cost in most cases if they perform well throughout that period.