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Home » Wealth Management » Institutional vs. Retail

Institutional vs. Retail

Know your options

When you’re seeking financial guidance, it is helpful to understand the different types of professionals who are available and the types of services they provide.

Brokers
The retail financial industry distributes its products and advice through a broker, a person who introduces a willing buyer to a willing seller of a product. In many cases, the commission they receive depends upon the benefit to the company that manufactured the financial product.

What is a Retail Product?
Retail products, such as mutual funds, are designed to give the general public access to financial markets. Distribution and marketing costs, together with internal trading commissions, are built into these retail products.

Advisors
Institutional investments are handled by financial advisors. They normally receive a quarterly fee based on the value of the client’s assets being managed.

A financial advisor can also work directly with mutual fund money managers to help reduce the additional cost of retail products.

Wealth Management

Many financial advisors provide wealth management services. At B.O.S.S. Retirement Advisors, we use a three-step process:

  • We meet with our clients one-on-one to get to know them and understand their concerns, goals and vision for their financial future.
  • After assessing the client’s assets and current financial situation, we provide customized choices to help get them where they want to go. A financial strategy may be comprised of investment management, building a guaranteed income with insurance products and legacy planning.
  • After setting the strategy in motion, we continue to work closely with the client to make sure it is performing up to their standards and make any necessary adjustments.

Strategies for Financial Independence

It is important to feel you have control over your future. At B.O.S.S. Retirement Solutions, we offer our experience and knowledge to help you design your own strategy for financial independence.

Contact us today to schedule a complimentary introductory meeting! Call us at (801) 990-5055 or connect with us online at info@bossretirement.com.

By contacting us, you may be offered information regarding the purchase of insurance and investment products.

Your insurance professional and Registered Investment Advisor/Registered Representative is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.

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