New Castle, IN Financial Advisors and Resources



Financial Advisor Firms in New Castle, IN


SHORELINE ASSET MANAGEMENT, LLC

Website

(765) 593-2487

412 South Main Street

New Castle, IN 47362

SEC#: 801-112736
Years in Business: 3 years


How Retirement-Friendly is New Castle, IN?

  • Population: 17,287
  • % of Population 62 Years and Over: 22.2%
  • Average Home Value: $76,000
  • Average Monthly Housing Cost: $652
  • Average Household Income: $48,154
  • Indiana Total Tax Burden: 8.15% (18th Lowest in U.S.)
  • Indiana Property Tax: 2.19% (11th Lowest in U.S.)
  • Indiana Individual Income Tax: 2.05% (18th Lowest in U.S.)
  • Indiana Sales and Excise Tax: 3.91% (16th Highest in U.S.)


New Castle, IN Financial Advisor FAQs

Do you carry life insurance on your team members? (Who takes care of my family if something happens to you?) What is the trading desk policy, if the market suddenly tumbled 10%. Is that recoverable? (What will I do with equity markets dropping) What are some major drawbacks of investing in your brokerage firm's 401K plan? (How does it work?)
One good strategy is to meet with a financial advisor every five or so years (or at regular intervals) in order to review assets, portfolio mix in the light of risk tolerance, and appropriate strategies in terms of asset allocation. This frequency can be determined by assessing one's own level of understanding/comfortability with finance combined with age and time horizon for retirement.
If you are serious about selecting the right financial advisor for you, it is essential to do your homework. Here are some tips for you when looking for an adviser. Look into credentialing or qualifying exam requirements with different systems in place in your country of residence that ensure that the financial advisor practices in an ethical and responsible manner .
Most financial advisers charge a percentage of assets under management (AUM) with rates between 1%–2%. This fee is calculated each year, not each transaction. A good rule of thumb for fees is to take your current income and multiply it by 7% if you plan on using a financial adviser.