Financial Advisor Framingham & Metrowest
Tim Hayes, CRPS®, AIF®, AWMA®, CFS™, CTS™, CES™, APMA®, CAS®
I will provide expert and highly personalized financial planning, retirement planning, and wealth management when you need an independent financial advisor in MetroWest (Framingham, Acton, Hopkinton, Natick, Sherborn, Sudbury, Wayland, Westford, Needham, Wellesley). In addition, my Office of Supervisory Jurisdiction, The Professional Alliance, is in Milford. They handle much of the compliance for my broker-dealer, Cambridge Investment Research.
Wealth Management – I build portfolios for individuals, trusts, and retirement plans. The portfolios may hold stocks, bonds, cash, mutual funds, and exchange-traded funds (ETFs). The client’s goals, time horizon, and risk tolerance impact what the portfolio holds. Risk tolerance is how a client feels about a drop in their account. The time horizon is the length of time before the client needs the money.
- FinaMetrica risk tolerance questionnaire
- Portfolio rebalance when needed
- Stocks, bonds, mutual funds, annuities, ETFs
Retirement – Employees who leave their employer can keep their 401k or 403b there or move it to an IRA. If they decide to move it, I build their IRA portfolio. I also build portfolios for clients saving for retirement.
- IRAs, 403b, annuities
- 403b Financial Advisor
- Pension max for public employees
- IRA rollovers from an employer plan
Read More: Should You Roll Over Your 401k to an IRA?
Insurance – I can get clients the right type and amount of life insurance or disability insurance. I am licensed with many insurance companies, so I can find a good product.
- Needs analysis
- Whole life, term insurance, universal, and variable life
- Disability insurance
Businesses and Nonprofits – I provide investment advice or education to the individuals in your retirement plan. I can also monitor investment options and provide fee information.
- Fee reporting
- Employee education and ERISA 404(c) compliance
- Fiduciary advice
Read More: DOL Fiduciary Rule Timeline & Updates
Executives and Business Owners – I can use life insurance to facilitate ownership changes and protect a business from losing a key executive.
- Key employee insurance
- Deferred compensation
Life isn’t all about money, but it is an important tool for building the life you want. And, like any tool, best results happen when skilled, experienced hands are in control of it.
For over 30 years, I have studied the financial markets, always striving to learn and adapt my knowledge to the new financial “normal” as it is continually redefined. The result: I can help you make smart investment decisions for every stage of your life, under all market conditions.
Read More: Investing In an Overpriced Stock Market
I've held an industry securities registration for 30+ years and am subject to SEC and FINRA oversight.
Most clients pay fee-only or an hourly rate. The size and complexity of the client's wealth management and financial and retirement planning determine that fee.
Some clients pay a commission, mainly those with smaller accounts, i.e., Roth IRAs, some public-school teachers with 403b retirement accounts, or parents or grandparents who set up a 529 college savings plan.
Read More: Fee-Only or Commission What's Best for You?
The first introductory and fact-finding appointment can be in-person or by phone. The next meeting where I provide my recommendations should be in-person. (For the time being, telephone, Zoom, and email are replacing in-person meetings.)
Subsequent meetings during which we monitor your progress and investments can be done in-person or by phone, email, Zoom, or Skype - or, more likely, a combination of thee meeting types.
Please be sure to speak to your advisor to carefully consider the differences between a company retirement account and an IRA investment. These factors include changes to the availability of funds, withdrawals, fund expenses, fees, and IRA-required minimum distributions.