Choosing The Right Investment Advisor

Choosing the right investment advisor can be confusing. You want to make sure you are a good match and the advisor is giving you all the information that is available to make sound financial decisions. But choosing the right advisor is usually done by asking friends or family. Not a bad way to go, but you still need to do some homework.Sarasota-based Gulf Coast Wealth Advisors utilizes a wealth of resources to offer a holistic, all-encompassing approach that goes beyond providing investment advice. We take the time to fully understand our clients’ unique needs. We then combine comprehensive services to incorporate and address all facets of our clients’ financial lives. Before deciding on any investment advisor, be sure to ask how the Advisor is compensated.

The two most common ways an Investment Advisor is paid are Fee-based and Commission only.Fee-only – Typically, the fee will be based on assets under management (or AUM) or charged on an hourly or flat basis.

Commission only – The commission may come from a separate transaction-based fee such as with stocks. It may also be in the form of a mark-up or mark-down included in the price of the investment, such as with bonds. For mutual funds, insurance products, structured products, and alternative investments you may pay a load that reduces the initial value of the investment. An advisor may also receive ongoing commissions such as for mutual funds, called 12b-1 fees.

 

Independent, Professional Advice – Gulf Coast Wealth Advisors

Jeffrey Labelle, President of Gulf Coast Wealth Advisors, offers an independent and objective approach. Because we are independent, we are able to identify and offer strategies based on each client’s needs and goals. There is tremendous value in knowing we will work objectively with integrity, and as fiduciaries, will always put our clients’ interests first. Contact us to find out why we may be the right choice when choosing a Financial Advisor. Call (941) 362-0700 today.

Jeffrey Labelle offers Investment Advisory Services through Kovack Advisors, Inc. an SEC Registered Investment Advisor, 6451 N. Federal Highway, Suite 1201, Ft. Lauderdale, FL 33308 (954) 482-7771. Gulf Coast Wealth Advisors is not affiliated with Kovack Advisors, Inc. Jeffrey Labelle is registered as an Investment Advisor Representative in Florida.