Find a Financial Planner in Penobscot County, ME

 

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We did the hard work of finding trustworthy partners in Penobscot County, ME.

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We Only Work With The Best Penobscot County Financial Advisors


We Exclusively Work With Select Partner Firms Who Meet The Highest Standard of Excellence and Trust.

3rd Party Rankings

Our partners have been recognized by some of the best media publication sources like Financial Times, Investor.com, Forbes, and Barron’s

Conflict Free

Our partners will also never sell proprietary investment products

Experience

All leads will be connected with a firm who has been in business for 20+ years

Education & Designations

All leads will be given to a certified CFP with designation from FINRA

Trustworthiness

All of our partners are credible — No conflicts of interest and no disciplinary history

 

Our Process for Choosing
An Independent Financial Advisor in Penobscot County, ME


  • Financial Advisor Close to Penobscot County, ME

  • All Advisors Must Meet Fiduciary Standard

  • “Fee-Only” Compensation To Ensure Conflict-Free Advice

  • Exemplary Disciplinary History

  • Required Education and Designations

  • Expertise with Client’s Specific Needs

 

How Can a CFP® in Penobscot County Help You?

Wealth management is a type of financial planning that focuses on asset protection and risk management for high-net-worth individuals and organizations. It provides those in the Penobscot County area with advisory and management services on the full spectrum of a client’s finances, including financial and investment advice, legal and estate planning, accounting, tax services, business financial planning, debt management, and retirement planning.
Personal financial planning is a service in which a qualified financial planner provides advice, planning, and management services for their clients. The goal of these services in Penobscot County is to help clients better understand finance, map out a plan for future financial success, and offer expert assistance where necessary.
22.3% of Penobscot County's population is of retirement age (62 years and older). Retirement planning for those individuals is designed to ensure that retirees are able to secure a stream of income for later in life. Many retirement plans provide a powerful framework for achieving this goal. If you are unsure of where to start, a retirement planner in the Penobscot County area can create a custom plan and walk with you each step of the way.
Estate planning involves much more than just setting up a will. In the Penobscot County area, it may involve setting up a trust and naming an executor, complying with estate tax law, updating insurance and retirement accounts, making funeral arrangements, and more. There are many ways to divy your estate, from directly giving to beneficiaries to funding future education accounts.
Business financial planning is the task of mapping out a path to achieving a business's financial goals. These goals are often expanded and reevaluated as the company grows, making financial planning for businesses in the Penobscot County area an ongoing effort.
The goal of tax planning is to minimize an individual’s or organization’s tax liabilities, while maximizing their overall long-term financial situation. Financial advisors in the Penobscot County area often offer tax planning services to their clients. Tax planning strategies will differ depending on depending on where you live. Maine has unique laws defining which actions trigger a taxable event and has the 4th highest total tax burden in the U.S., including income, property, and sales tax.
Transition planning for divorce or loss of a spouse is a service offered by many financial advisors, planners, and other professionals in the Penobscot County area. Typically, it includes updating wills and trusts, evaluating life insurances, long-term care arrangements, and creating inventories of bills, financial accounts, and other interests.
Debt consolidation and management is a service that can be performed by a qualified financial advisor in which they combine multiple existing loans into a single loan with more favorable financing terms. Advisors in the Penobscot County area often use this strategy when clients have high-interest credit card debt or private student loans.

 

The Value of Working With the Best Financial Planners in Penobscot County, ME


A good financial planner can increase your returns by as much as 3% annually.

Vanguard

$2,010,221.91
Without Advisor

$4,643,687.46
With Advisor

Assuming $350k initial investment at 6% annual growth vs 9% annual growth for 30 years.

Find a Fee-Only Financial Planner Near Penobscot County, ME

We evaluated over 13,000 RIA firms to bring you the best of the best Penobscot County financial advisors.
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How Retirement-Friendly is Penobscot County, ME?

  • Population: 151,774
  • % of Population 62 Years and Over: 22.3%
  • Average Home Value: $157,400
  • Average Monthly Housing Cost: $823
  • Average Household Income: $67,198
  • Maine Total Tax Burden: 10.50% (4th Highest in U.S.)
  • Maine Property Tax: 4.60% (4th Highest in U.S.)
  • Maine Individual Income Tax: 2.45% (20th Highest in U.S.)
  • Maine Sales and Excise Tax: 3.45% (20th Highest in U.S.)


The Top Financial Advisor Firms in Penobscot County, ME


ALTERITY FINANCIAL GROUP, LLC

Website

(800) 966-7730

21 Main Street
Suite 201
Bangor, ME 04401

SEC#: 801-79430
Years in Business: 7 years

MEANS WEALTH MANAGEMENT

Website

(120) 794-6763

802 Stillwater Ave.

Bangor, ME 04401

SEC#: 801-80992
Years in Business: 6 years

VANCEGRAY WEALTH MANAGEMENT, INC.

Website

(207) 992-2819

128 Broadway

Bangor, ME 04401

SEC#: 801-113303
Years in Business: 2 years

DEIGHAN WEALTH ADVISORS

Website

(207) 990-1117

455 Harlow Street

Bangor, ME 04401

SEC#: 801-36582
Years in Business: 30 years