The Charlotte office of Janney Montgomery Scott, Carolina Wealth Advisors located in SouthPark, is celebrating 20 years as a community leader. Janney traces its roots back to 1832, and has a long and unique history. With 135 offices throughout 22 states, Janney can effectively provide the resources needed to give clients good care and comprehensive services. Janney has continued to grow selectively over the years. As a result, it is very well-run and highly regarded in the financial services industry.
“We chose Janney as the right fit for our clients and our team, and we couldn’t be any happier,” shares Chad Kupreanik, CFP®, Financial Advisor, Executive Vice President of Janney Montgomery Scott.
Here, Chad tells us more about Janney, the excellence they’ve honed over 20 years, and answers our questions regarding working with their team of experts.
Who is your target clientele?
As surprising as it might sound, the first critical step in determining whether we work with someone is based on their character/personality. Our business is challenging. When it comes to people and their money, emotions can take over. We are fortunate to work with clients we really like. Our average client has approximately $3 million in investable assets.
What should someone know about their first time working with you? What is step one?
A new client relationship starts with the creation of a financial plan. This is because we need to understand the client’s total financial picture. We tailor-make each plan for the client and modify it over time to adjust to life’s inevitable changes. It’s really comforting to answer “what if” questions with the analytics of a comprehensive financial plan.
What makes your team unique?
Our team is comprised of multiple Certified Financial PlannerTM professionals. We have over 225 years of combined experience in the financial services industry. We were named a Forbes 2023 Best-In-State Wealth Management Team and the history of our team is particularly unique. It’s rare to find advisors who have stayed at one firm for so long. It’s even more rare to find a team with such a long history together (Stuart Singer, AWMA®, RIS, CLTC®, Financial Advisor, Executive Vice President, Mary Bennett, Senior Registered Private Client Associate, and I have been together for 24-plus years).
Is there a correct age or income to start talking with a financial advisor?
While it’s never too early to speak with a financial advisor, most people seek out advisors once they are established with a career. Life events, such as getting married, expanding your family, starting a business, or changing jobs are good times to leverage the knowledge of a financial advisor and they can help you develop a plan to accomplish your goals.
What is one of your top financial tips at Carolina Wealth Management?
This isn’t earth-shattering but it’s foundational for retirement success. I think we all agree that the more tax-free assets we have in retirement, the better off we’ll likely be. A Roth IRA and Roth 401(k) are opportunities for clients to build up pools of tax-free money. It is clearly important to understand the tax consequences of moving money into Roth assets but we typically find the benefits outweigh the upfront taxes.
Janney Montgomery Scott LLC. Member: NYSE, FINRA, SIPC
Located at: 4064 Colony Road, Suite #450, Charlotte, NC 28211
advisor.janney.com/carolinawealthadvisors
704.367.4502 |
The concepts illustrated here have legal, accounting and tax implications. Neither Janney Montgomery Scott LLC nor its Financial Advisors give tax, legal, or accounting advice. Please consult with the appropriate professional for advice concerning your individual circumstances. For more information about Janney, please see Janney’s Relationship Summary (Form CRS) on www.janney.com/crs which details all material facts about the scope and terms of our relationship with you and any potential conflicts of interest.
