Lookout Mountain, TN Financial Advisors and Resources

Financial Advisor Firms in Lookout Mountain, TN



(423) 826-0944

810 Scenic Highway

Lookout Mountain, TN 37350

SEC#: 801-70802
Years in Business: 11 years

How Retirement-Friendly is Lookout Mountain, TN?

  • Population: 1,965
  • % of Population 62 Years and Over: 26.8%
  • Average Home Value: $576,700
  • Average Monthly Housing Cost: $1,719
  • Average Household Income: $219,922
  • Tennessee Total Tax Burden: 5.74% (2nd Lowest in U.S.)
  • Tennessee Property Tax: 1.70% (3rd Lowest in U.S.)
  • Tennessee Individual Income Tax: 0.08% (8th Lowest in U.S.)
  • Tennessee Sales and Excise Tax: 3.96% (14th Highest in U.S.)

Lookout Mountain, TN Financial Advisor FAQs

You should use a financial advisor to help manage your money if you would like someone who is not only competent in the field, but cares about what's best for you. It's important for people to have financial stewardship in order to maintain stable lives.
Financial Advisors get paid through a variety of services depending on the type of advisor you use. Service providers often charge an annual fee for financial advice with a percentage of profits taken from the account, also known as a percentage-based fee. Such fees can be worth it when you're retiring and generating substantial investment income above 4% per year.
It costs around $500 for one hour of financial advising usually. Advisors charge at different rates depending on what they offer, how much work you're willing to do, and your financial situation.
A financial advisor can assist with budgeting challenges given through undesirable circumstances such as divorce or job loss. They do this by understanding your goals and objectives and then building a strategy that will allow you to take advantage of opportunities afforded by today's economy for not just now - but years into the future too.