WEALTH MANAGEMENT SERVICES - FINANCIAL ADVISOR
We are a Sacramento wealth management advisory firm staffed with advisors credentialed as a Certified Financial Planner® (CFP), as a Certified Investment Management Analyst® (CIMA), and as a Certified Public Accountant (CPA).
As a boutique wealth management firm, we have a legal fiduciary obligation to you, our client, and our fully independent financial advisors welcome helping you construct a customized, disciplined, and comprehensive financial, investment, and retirement plan.
SACRAMENTO FINANCIAL ADVISOR OVERVIEW
Serving clients in 17 states
Helping people coordinate all of their financial affairs throughout Sacramento, Northern CA, and across the United States.
26+ years of experience
Assisting higher net worth families, professionals, and retirees.
More than 300 trusted client partnerships
And continuing to strategically grow.
WEALTH MANAGEMENT FIRM INSIGHTS & INFORMATION
As a fiduciary financial advisor to our clients, we are acutely attuned, but rarely reactive, to the latest financial, societal, and economic developments. Being a boutique wealth management advisory firm, one of the ways we fulfill our legal fiduciary responsibility to you, our client, is through the publication of various wealth management informational white papers, blog posts, and educational videos.
News / Media
This Just In
FREQUENTLY ASKED QUESTIONS
Why is it important to have a financial advisor?
Accumulating money doesn’t always lead directly to economic peace of mind. This money also has to be properly managed and protected if it’s going to last you through your lifetime. It is not common to have the time, expertise, desire, patience, or discipline to establish, and then consistently execute on, a well-thought-out and customized wealth-building and wealth-protecting plan, so that when you’re ready to stop working, your net worth will be enough to help you enjoy the rest of your life.
Investing, coordinating, protecting, and managing your wealth and assets is a challenge that increases as your net worth does.
This leads to the inevitable question that many investors find themselves asking at some point in their net worth building journey – “How and where can I partner with a trustworthy, qualified, and supportive financial advisor who can help me properly manage and coordinate much of this financial heavy lifting?” Sacramento Financial Advisor Near Me
How important is it to have a local financial advisor?
We enjoy the opportunity to connect with our clients in person to deepen our relationships and foster healthy communication and planning, and though we are a Sacramento wealth management firm, we regularly partner with clients in Granite Bay, Rocklin, Roseville, Folsom, El Dorado Hills, Auburn, Davis, and throughout the Northern California region.
While important, in-person meetings aren’t a requirement for a wealth management partnership. More important is that you find someone with the best qualifications for financial advisor.
Find a Sacramento Certified Financial Planner Near You today.
What are the advantages of working with a fully independent wealth management firm?
Almost six years ago, our three founding partners were employed by a major Wall Street firm, and felt that a “graduation” was in order, for both themselves, but more importantly, for each of their clients. The decision was made to establish Towerpoint Wealth as a boutique, fully independent wealth management firm, as it had become evident that we could serve our clients’ needs much more effectively as an independent firm, with a much broader array of tools, technology, and investment products to assist our clients. Additionally, and importantly, we are now legal fiduciaries to our clients, are responsible to act in our clients’ best interests 100% of the time, and are no longer obliged to prioritize the interests of our employer over those of our clients.
The technology available to us as a fully independent firm far surpasses the financial, reporting, tax, investment, and retirement planning tools we were previously beholden to. Access to this type of technology enables us at Towerpoint Wealth to serve our clients with a wider and more advanced spectrum of resources, eclipsing our previous capabilities. This open-architecture model frees us from the legacy systems to which we were previously captive. We believe this work environment minimizes conflicts between us and the needs of our clients. As Sacramento Independent financial advisors, we work for our clients and no longer for a major bank or brokerage firm, and serve our clients in an environment free from corporate influences and mandates. Independent financial advisors.
What services do you provide exactly?
Towerpoint Wealth, a boutique investment firm in downtown Sacramento, seeks to provide clients financial peace of mind, gained from knowing that their finances are properly coordinated. Simply put, our Sacramento Financial Advisors help our clients make better financial decisions and take full advantage of the opportunities available to them, while also focusing on minimizing the ever-present risks that exist within the economy and financial markets.
At Towerpoint Wealth, a Sacramento financial advisor firm, we offer a broad-based array of resources to provide solutions, planning, counsel, and advice.
With the best financial advisor, you will have someone at your side who will help you make smart financial decisions. Want to retire early? Not sure what to do with your RSUs? Not sure if you need an estate plan? We will help you properly manage not just your money and investments, but all of your personal financial affairs, supporting you with the guidance of a well-educated, responsive, focused and diligent partner.
Our singular focus is on helping our clients towards achieving, and then maintaining, their financial independence, allowing them to live a better life and a comfortable retirement while building net worth and protecting net worth. Sacramento Wealth Management Services >
Can I retire on 2 million dollars?
Retiring with 2 million dollars for some sounds like a dream, and for others not nearly enough. A 2020 survey from Schwab Retirement Plan Services found that the average worker expects to need roughly $1.9 million to retire comfortably. Is retiring with 2 million dollars a reasonable goal? There certainly are number of things to consider before attempting to answer this question. We appreciate the responsibility of helping you to clarify questions like this one, as we believe it is essential to combine both the “art” and the “science” of wealth management and financial planning when working with you to make informed decisions about important financial matters, like when to retire.
Want to read more about our wealth management philosophy?
Want to read more about retiring with 2 million dollars?
What is your approach to helping clients?
Here at Towerpoint Wealth, we believe that money, in the purest sense of its form, is simply a means to an end. Financial independence means having enough money to ensure your peace of mind. Our wealth management philosophy is grounded in a consultative process that begins with simply sitting down, talking with, and beginning to get to know you. Understanding your hopes, dreams, background, fears, motivations, and vision you have for your and your family’s future may take a sincere investment of our (and your) time and energy, but is absolutely essential in building a long-term foundation to ensure you receive the best and most intimate planning, counsel, and guidance, and so we may construct the most customized plan for your financial future.
We also expect to regularly collaborate with your other professional service providers to ensure that the many non-investment specific aspects of your financial life are properly coordinated and integrated into your customized wealth management plan. From tax management and minimization to comprehensive estate planning, and from real estate coordination to business and insurance considerations, there are typically a myriad of components to your customized financial plan that we believe need to be considered and integrated into your strategy.
In other words, our Sacramento Financial Advisors sincerely care about understanding you and what makes you tick. Towerpoint Wealth Philosophy & Strategy >
Are you a legal a fiduciary for your clients?
Yes. We are a legal fiduciary for our clients. In the investment field, there are two types of primary parties who are able to offer investment advice to individuals, as well as to institutional clients such as pension funds, non-profit organizations and corporations. These parties are 1.) fiduciary financial advisors and 2.) investment brokers who are employees of broker-dealers.
Many clients may say “what’s the difference?” and consider the investment advice they receive from each party as similar; however, there is a key difference that oftentimes is not completely understood by the investing public. The difference pertains to two very different professional standards that fiduciary financial advisors versus investment brokers must adhere to, and the distinction has immensely important implications for individuals who hire outside financial assistance.
Learn more about what it means to have a fiduciary financial advisor.
How do I increase my net worth?
Why do investors feel smarter and more confident when the markets are rising, and dumber and less confident when the markets are declining? One word: emotions. At Towerpoint Wealth, we believe that an essential quality of a skilled financial advisor is the ability to help a client remain objective, avoid becoming overconfident, and also manage the feeling of hopelessness when the markets (and client account balances) inevitably go through temporary periods of decline. Managing emotions and remaining objective when making financial decisions can be difficult to do by oneself, but is an essential component of longer-term success in building and protecting net worth. Net Worth.
What estate planning documents do I need?
If you have a financial plan, you also have an estate. In fact, no matter your net worth, once you die, everything you own is considered part of the estate you left behind. It is essential to have an estate plan and properly drafted estate planning documents that specify how you want your assets distributed upon incapacity or death. When most individuals are thinking about estate planning and wills and assembling their estate planning documents, there are also tax consequences to think about. A truly comprehensive estate plan considers both the tax consequences for you during life, as well as those that the beneficiaries of your estate may face. Estate Planning
What do I need to understand about the taxation of restricted stock units?
Restricted Stock Units (RSUs) can be a significant component of an employee’s compensation package. But the taxation of restricted stock units, a form of stock based compensation whereby an employee receives rights to shares of stock in a company that are subject to certain restrictions, can be fairly complex. While RSUs do not represent actual ownership or equity interest in a company until they vest, they do become taxable upon vesting.