Wealth Management in Rome, NY

We did the hard work of finding trustworthy partners in Rome, NY. Fill out the form to get connected.
Scroll to List of Firms

Connect With a Wealth Manager

AS SEEN IN

Entrepreneur
MSN Money
Business Insider
Investopedia
Nasdaq
Yahoo Finance
Market Watch

List of Firms

Rome, NY Wealth Management Firms

Sam F Berardino III - Morgan Stanley
Location 106 Business Park Dr, Utica, NY 13502, USA
Phone (315) 792-1269
Directions
Birch Wealth Management
SEC File# 801-121325
CRD# 304727
Location 414 N James St, Rome, NY 13440, USA
Phone (315) 795-2005
Language http://www.birchwealth.com/
Directions
Wealth Management in Rome, NY

Where Wealth Management Advisors in Rome, NY Serve

Rome, NY is a city rich in history and culture, with a plethora of landmarks and attractions to explore. From the iconic Fort Stanwix National Monument to the breathtaking Erie Canal, there's no shortage of sights to see and experiences to be had. The city is also home to several top employers, including Rome Memorial Hospital, the Rome City School District, and the New York State Department of Transportation. Major highways and streets in the area include Route 26, Route 49, and the New York State Thruway, providing easy access to surrounding areas and neighboring cities. As for neighborhoods, Rome boasts a diverse range of communities, from the quaint and charming downtown district to the sprawling suburbs and residential areas scattered throughout the city. Whether you're a history buff, nature enthusiast, or simply looking for a vibrant and welcoming community to call home, Rome, NY has something for everyone.

Services Provided by Wealth Management Companies

Banks and Credit Unions

Residents of Rome, NY can benefit from many services offered by a bank. One of the most common ways is by providing loans for small businesses, which can help stimulate the local economy. Rome, NY is home to many small businesses that could benefit from a loan to expand their operations or invest in new equipment. Additionally, banks can provide financial education and resources to help residents manage their money more effectively. This is especially important in Rome, NY, where the cost of living is higher than the national average. By offering services such as budgeting tools, savings accounts, and investment options, banks can help residents make the most of their hard-earned money. Finally, banks can also provide safe and secure places for residents to store their money, protecting them from theft and fraud. With all of these benefits, it's clear that banks play an important role in supporting the financial well-being of residents in Rome, NY.

Insurance Broker

Residents of Rome, NY can benefit from the expertise of an insurance broker in numerous ways. With the city's rich history and diverse population, an insurance broker can provide tailored solutions to meet the unique needs of each individual. For instance, an insurance broker can help residents navigate the complexities of flood insurance, given that Rome, NY is situated near the Mohawk River and is prone to flooding. Additionally, an insurance broker can assist residents in finding affordable health insurance plans, as well as provide guidance on retirement planning and life insurance policies. With an insurance broker's vast knowledge of the industry, residents of Rome, NY can rest assured that they are receiving the best possible coverage for their specific needs.

Retirement Planning

Residents of Rome, NY could benefit from a retirement planner in a myriad of ways. Firstly, a retirement planner can help them create a customized financial plan that aligns with their retirement goals and lifestyle. This includes developing a budget, managing debt, and investing in the right assets. Secondly, a retirement planner can help them navigate the complex world of retirement benefits, such as Social Security and Medicare. This is especially important in Rome, NY, where many retirees rely on these programs for their retirement income and healthcare. Lastly, a retirement planner can provide valuable advice on tax planning, estate planning, and long-term care planning. All of these factors can have a significant impact on a retiree's financial security and quality of life, and a retirement planner can help ensure that they are well-prepared for the future.

Financial Advisor

Residents of Rome, NY can benefit greatly from the guidance of a financial advisor. With the city's diverse population and economy, a financial advisor can provide tailored advice to individuals and businesses alike. For instance, a financial advisor can help Rome's small business owners navigate the complex tax laws and regulations that may be unique to the city. Additionally, a financial advisor can assist residents with planning for retirement, managing debt, and investing in the local real estate market. With the city's proximity to the Adirondacks and its rich history, a financial advisor can also offer advice on estate planning and philanthropic giving to support local causes and preserve the city's heritage for future generations. Overall, a financial advisor can provide invaluable support to Rome's residents as they navigate the complexities of personal finance and plan for a secure financial future.

Mortgage Loan Officer

Residents of Rome, NY can benefit from the services of a mortgage loan officer in a multitude of ways. For instance, a mortgage loan officer can help residents navigate the complex process of obtaining a mortgage loan for their dream home. This can be especially helpful for first-time homebuyers who may be unfamiliar with the process. Additionally, a mortgage loan officer can provide valuable advice on the best mortgage options available to residents based on their specific financial situation. Furthermore, with the current economic climate, residents of Rome, NY may be facing financial challenges due to the pandemic. A mortgage loan officer can assist residents in exploring options for refinancing their mortgage to lower their monthly payments or even help them avoid foreclosure. Overall, the expertise of a mortgage loan officer can be invaluable to residents of Rome, NY looking to make one of the biggest financial decisions of their lives.

Tax Services

Residents of Rome, NY can benefit significantly from the services of a tax advisor. One of the most common ways a tax advisor can help is by providing guidance on tax planning and preparation. With the ever-changing tax laws and regulations, it can be challenging to keep up with the latest updates, especially for busy individuals. A tax advisor can help residents of Rome, NY navigate the complex tax code, ensuring they are taking advantage of all available deductions and credits. Additionally, a tax advisor can provide advice on retirement planning, estate planning, and investment strategies, which can help residents of Rome, NY achieve their financial goals. The unique geography of Rome, NY, located in the Mohawk Valley, can also bring specific tax implications that a tax advisor can help with. For instance, residents who own property or businesses in flood-prone areas may need specialized tax planning to mitigate the risks associated with natural disasters.

Estate Planning Lawyer

Residents of Rome, NY can benefit greatly from the services of an estate planning lawyer. Specifically, an estate planning lawyer can assist residents in creating a comprehensive plan for the distribution of their assets upon their passing. This includes drafting a will, establishing trusts, and designating beneficiaries. Additionally, an estate planning lawyer can provide guidance on tax planning and minimizing estate taxes. In Rome, NY, where the population is aging and many residents are retirees, estate planning is especially important. An estate planning lawyer can help ensure that their wishes are carried out and their loved ones are taken care of after they pass away. Furthermore, with the increasing cost of long-term care in Rome, NY, an estate planning lawyer can assist residents in planning for potential long-term care expenses and protecting their assets from being depleted.

FREQUENTLY ASKED QUESTIONS

Comprehensive Wealth Management FAQs

A wealth manager in Rome, NY can offer a range of services to help individuals and families manage their finances and investments. From creating a personalized financial plan to providing advice on tax-efficient investment strategies, a wealth manager can help clients achieve their financial goals and protect their wealth for future generations. In Rome, NY, a wealth manager may also be able to provide specialized advice on local real estate investments, given the region's unique market dynamics and economic conditions. With a deep understanding of the local market, a skilled wealth manager can help clients navigate the complexities of buying and selling property in Rome, NY, and make informed decisions that maximize their returns. Whether you are looking to grow your wealth, protect your assets, or plan for retirement, a wealth manager in Rome, NY can provide the expertise and guidance you need to succeed.

Rome, NY is the ideal place to secure a wealth manager, given the city's rich history and economic stability. With a population of over 30,000 residents, Rome offers a diverse range of investment opportunities, including real estate, agriculture, and manufacturing. Moreover, the city is home to several reputable financial institutions, providing investors with access to a pool of seasoned wealth managers who possess a wealth of knowledge and experience in the field. Additionally, Rome's strategic location in the heart of the Mohawk Valley makes it an attractive destination for businesses seeking to expand their operations, thereby increasing the potential for lucrative investment opportunities. Whether you're a seasoned investor or just starting, Rome, NY is the place to be if you're looking to secure a top-notch wealth manager who can help you achieve your financial goals.