Personal Financial Planning
Empowering Your Financial Future
Financial Planning
The Tennyson Group’s responsibilities to our clients in the Treasure Valley and surrounding areas is to oversee and coordinate comprehensive financial planning. Our mission is to provide the families and businesses we serve with innovative financial strategies, solutions, and planning that result in financial clarity and security.
In the financial services industry, there are generally two ways of obtaining financial advice: one is given by Stockbrokers and the other is given by Financial Advisors. While many investors are not even aware differences exist, one of the main differences is that investment advisors have a fiduciary duty to always act in the best interests of their clients.
In a TD Ameritrade Survey, the following was learned:
of investors now believe that both stockbrokers and independent Registered Investment Advisors (RIAs) have a responsibility to act in their best interests. According to the 2024 Annual Survey of Investors’ Attitudes conducted by the North American Securities Administrators Association (NASAA).
of investors stated they would prefer working with an investment advisor if they understood that advisors provide greater investor protections compared to stockbrokers. This is a 2% increase from prior years, pointing to the growing trust in RIAs among educated investors, A 2024 joint study by the Investment Adviser Association (IAA) and National Regulatory Services (NRS).
of investors still lack a clear understanding of the different obligations required of investment advisors and stockbrokers, as reported in studies by the Securities and Exchange Commission (SEC) and FINRA.
*2006 U.S. Investor Perception Study. Commissioned by TD Ameritrade.
Financial Planning
We feel that information is power in today’s difficult financial world. We strive to focus on our clients’ education over transactions. As a fee based advisory firm, we charge our client’s a fee for investment advice, instead of earning commission* to help ensure that the appropriate products are chosen based on the client’s best interest and not based on the commission generated.
*Some insurance products used during the planning process may pay commissions. As a Fiduciary we are transparent with our clients and will disclose any payments upon request.
We offer our prospective clients a complimentary, no obligation RISK ASSESSMENT. We can also provide a third party analysis of their current investments, personalized income projections, and ideas for immediate implementation. We look forward to our initial visit and finding out how we can help you get one step closer to your financial goals.
