Passaic County, NJ Financial Advisors and Resources



Financial Advisor Firms in Passaic County, NJ


HALLMARK CAPITAL MANAGEMENT INC

Website

(973) 808-4144

1195 Hamburg Turnpike

Wayne, NJ 7470

SEC#: 801-25461
Years in Business: 36 years

HIGHLAND FINANCIAL ADVISORS, LLC

Website

(973) 557-2933

1680 Route 23
Suite 210
Wayne, NJ 7470

SEC#: 801-64369
Years in Business: 16 years

BEAUMONT CAPITAL MANAGEMENT, LLC

Website

(888) 777-0535

12 Sturbridge Circle

Wayne, NJ 7470

SEC#: 801-117772
Years in Business: 1 years


How Retirement-Friendly is Passaic County, NJ?

  • Population: 503,637
  • % of Population 62 Years and Over: 17.8%
  • Average Home Value: $344,000
  • Average Monthly Housing Cost: $1,552
  • Average Household Income: $93,352
  • New Jersey Total Tax Burden: 9.98% (6th Highest in U.S.)
  • New Jersey Property Tax: 4.94% (3rd Highest in U.S.)
  • New Jersey Individual Income Tax: 2.47% (20th Highest in U.S.)
  • New Jersey Sales and Excise Tax: 2.57% (8th Lowest in U.S.)


Passaic County, NJ Financial Advisor FAQs

Financial advisors typically accomplish a few basic functions. They create risk-to-reward profiles for their clients that have some mix of stocks, bonds, and some other investments to minimize short term fluctuations in the markets as well as provide security from inflation over the more long term and help with asset allocation and retirement/future planning which is typically done up to 30 years out.
You might need a financial advisor if you don't know how to do these five things. If you are paying off your student loans, selecting an insurance company or health plan for your family, deciding whether or not to save for retirement, understanding the value of investing in stocks and other securities, managing your money on a monthly basis.
Finding a financial advisor can be daunting. You need to find someone who is qualified, trustworthy, responsive, and knows the best practices when it comes to planning for your future investment goals.
Financial advisors normally get paid through clients signing up to their services and agreeing to a certain payment scheme, such as paying for monthly subscriptions.