St. Clair Shores, MI Financial Advisors and Resources



Financial Advisor Firms in St. Clair Shores, MI


MCMILLAN OFFICE, INC.

Website

(313) 962-0787

25875 Jefferson Avenue

St. Clair Shores, MI 48081

SEC#: 801-72698
Years in Business: 10 years

SEQUOIA FINANCIAL ADVISORS, L.L.C.

Website

(586) 772-8100

21420 Greater Mack Avenue

St. Clair Shores, MI 48080

SEC#: 801-61089
Years in Business: 19 years


How Retirement-Friendly is St. Clair Shores, MI?

  • Population: 59,528
  • % of Population 62 Years and Over: 24.8%
  • Average Home Value: $138,700
  • Average Monthly Housing Cost: $928
  • Average Household Income: $77,141
  • Michigan Total Tax Burden: 8.34% (24th Highest in U.S.)
  • Michigan Property Tax: 3.02% (19th Highest in U.S.)
  • Michigan Individual Income Tax: 2.23% (20th Lowest in U.S.)
  • Michigan Sales and Excise Tax: 3.09% (18th Lowest in U.S.)


St. Clair Shores, MI Financial Advisor FAQs

The best way to choose a financial advisor is by reading review sites and broker-dealer websites that offer ranked lists. From there, you'll be able to compare advisors with the same qualifications and certifications.
Financial advisors can help plan your future finances. They're trained to deal with all the financial questions that come up. A professional advisor will talk about retirement, saving for college costs, how much life insurance to buy, tax management, risk management, among other things.
Financial advisors typically work with affluent clients and provide analysis of risk, offer choices that reduce risk to the client based on their plans or needs, create personalized solutions that help investors reinforce good behaviors & stay on track to meet their goals, do research to find new investment opportunities for clients by looking at how market prices are shifting in real-time and/or monitoring competitor activity within the same industry.
Financial advisors generally charge a fee or commission for their work. Some financial advisors charge an hourly rate, others will charge a flat monthly rate, and yet others will offer a commission payable from the asset being managed.