Kodiak Island, AK Financial Advisors and Resources

Financial Advisor Firms in Kodiak Island, AK

How Retirement-Friendly is Kodiak Island, AK?

  • Population: 13,451
  • % of Population 62 Years and Over: 13.3%
  • Average Home Value: $294,800
  • Average Monthly Housing Cost: $1,509
  • Average Household Income: $94,946
  • Alaska Total Tax Burden: 5.10% (Lowest in U.S.)
  • Alaska Property Tax: 3.68% (11th Highest in U.S.)
  • Alaska Individual Income Tax: 0.00% (Lowest in U.S.)
  • Alaska Sales and Excise Tax: 1.42% (5th Lowest in U.S.)

Kodiak Island, AK Financial Advisor FAQs

Hourly fees are the most common among financial advisors, with some having set hourly rates and others charging commission on assets under management for wealthy clients. Commission based compensation is another option.
A financial advisor is someone who helps you design a personal plan to meet your needs. They are professionals equipped in finance related issues.
Essentially, they offer a variety of services that can help keep clients on track financially to live life well at every stage of their journey through life.
You need a financial advisor because they create a plan that is appropriate to your personal needs. Financial advisors can help you with things like budgeting, retirement planning, insurance choices and more.