Nicholasville, KY Financial Advisors and Resources



Financial Advisor Firms in Nicholasville, KY


SPECTRUM FINANCIAL ALLIANCE, LTD., L.L.C.

Website

(859) 223-6333

105 Wind Haven Drive

Nicholasville, KY 40356

SEC#: 801-79371
Years in Business: 7 years


How Retirement-Friendly is Nicholasville, KY?

  • Population: 30,301
  • % of Population 62 Years and Over: 16.1%
  • Average Home Value: $144,700
  • Average Monthly Housing Cost: $855
  • Average Household Income: $59,747
  • Kentucky Total Tax Burden: 8.58% (22nd Highest in U.S.)
  • Kentucky Property Tax: 1.99% (6th Lowest in U.S.)
  • Kentucky Individual Income Tax: 3.17% (9th Highest in U.S.)
  • Kentucky Sales and Excise Tax: 3.42% (23rd Highest in U.S.)


Nicholasville, KY Financial Advisor FAQs

It is the responsibility of a financial advisor to help their clients put together an investment strategy that will fit with their financial goals, time frame, and risk tolerance. The term “financial advisor” can be defined as two different types of professionals who provide service at the most basic level. These are Registered Investment Advisors (RIAs) and Financial Planners.
First, are there any hidden fees in your service? Many financial advisors have annual fees that are not upfront, so ask them to clarify what you're paying for. Second, find out if they subscribe to the fiduciary standard of care, which means they must recommend products in their client's best interest. Lastly, determine if the advisor is exclusively tied to certain providers.
The cost of a financial advisor varies with the individual's situation and the type of service they need. Financial advisors usually work on an hourly rate or fixed annual fee, but more sophisticated planners may charge additional fees based upon performance levels achieved.
Financial advisors find commissions by selling financial products, variable income in the course of providing financial advice, and hourly rates for providing advice.