HCR Wealth Advisors is an investment advisory firm based out of Southern California. The firm is taking a new approach to their advisory services by living out their mission of being client focused. Many other firms in the industry may state that this is what they do but their actions may say otherwise. One way HCR Wealth Advisors exemplifies this claim is by receiving compensation through fees calculated based on assets under management. Some competitors in the investment advisory industry often receive payment by selling financial products to their clients. This practice can result in transactions that may not be in clients’ best interests or consistent with their financial goals.
Another key differentiator is that HCR Wealth Advisors advocates transparency. There are no hidden agendas or product pushing going on behind the scenes. Ultimately, what a client sees is what they get. There is no “gotcha” contracts. The advisors are transparent in their business practices which can also separate them from their competitors and back up their claim of putting clients’ best interests first. This is a approach that not all firms in the industry practice.
HCR Wealth Advisors is simply that: they advise. They are not performance-based money managers. The firm helps clients with the responsibility of managing their own money, but HCR Wealth Advisors is really there to advise in the decision making process to help guide their clients towards their financial goals. And not simply benefit at the expense of their clients whether they succeed or not, like some in the industry may do. HCR Wealth Advisors educates its clients throughout the entire process to help clients reach their goals further in life. They create an environment where clients are the focus, not the company’s financial benefit. HCR Wealth Advisors takes a broad approach to the financial planning, encompassing the entire process to the best of their abilities.
The organization has a specific 7 step strategy to help create a unique financial plan for each client. The client-focused approach is evident in the work HCR Wealth Advisors does.
HCR Wealth Advisors is not affiliated with this website.