Kansas City is home to many financial professionals that can cater to your specific needs. These are just a few: Prairie Capital Management; Windward Private Wealth Management; Atwood & Palmer; and Fortune Financial. These firms offer specialized services in different areas of financial management and planning.
Prairie Capital Management
Prairie Capital Management is an advisory financial firm located in Kansas City, Missouri. They manage assets totaling $6.2 million and oversee assets of 2,528 accounts. High-net-worth individuals, corporations, as well as pooled investments vehicles, are some of their clients. They also manage estates, 401(k), and IRA plans. Although it is not registered as an investment advisor nor broker-dealer in any way, it serves as a custodian.
Prairie Capital Management charges a variety of fees depending on the services provided to clients. A typical fee structure is a combination of fixed and performance-based fees as well as asset-based or hourly fees. Prairie Capital Management can help with your financial planning, no matter how simple or complex.
Windward Private Wealth Management
Windward Private Wealth Management has offices in North Kansas City and Overland Park and provides financial planning and wealth management services. Their professionals evaluate clients' portfolio valuations and help them protect their wealth. Darrell Windward, founder and owner, has more than 30 years of experience. His expertise is in helping clients realize their financial goals. He also helps his clients save taxes and preserve capital.
Windward Private Wealth Management is focused on helping clients achieve their financial goals and feel financial freedom. They offer comprehensive financial planning and tax preparation as well as investment management. The firm provides relationship management and can link clients with other business professionals. Its team includes a Certified Financial Planner, (CFP), and a lead plan.
Atwood & Palmer
Atwood & Palmer, Inc, a Kansas City, Missouri, financial advisor firm. They have approximately $1.3B in assets and 435 clients accounts. They have five financial advisors on staff. They do not operate as a registered broker-dealer, but rather act as a registered investment adviser. Securities can be used as a form of investment.
There are many fee options available to the firm. Fixed-fee and asset-based models are offered. This fee structure aligns the clients and advisors' interests. This fee structure excludes brokerage commissions, interest and taxes.
Fortune Financial
Fortune Financial Advisors Kansas City was established over a decade back. They offer comprehensive wealth management services for individuals as well as businesses and families. The firm's team of financial advisors specializes in creating strategies that help clients meet their goals and achieve financial success. They offer business consulting, fiduciary and retirement planning services as well as career goal setting.
The firm provides fee-only financial planning services to clients as well as multiple investment options. The firm's financial advisers can provide one-stop services and integrate all client's different financial needs into a personalized holistic plan.
FAQ
What are the types of contracts available to consultants?
Standard employment agreements are signed by most consultants when they are hired. These agreements outline how long the consultant will work for the client, what he/she will get paid, and other important details.
Contracts also specify which areas of expertise the consultant will focus on and how the consultant will be compensated. For example, the agreement may say that the consultant will provide training sessions, workshops, webinars, seminars, etc.
Sometimes, the consultant agrees to do certain tasks within a given time frame.
In addition to standard employment agreements, many consultants also sign independent contractor agreements. These agreements allow the consultant work on his/her own but still receive compensation for his/her efforts.
What is the difference of a consultant versus an advisor?
A consultant provides advice on a topic. A consultant offers solutions to problems.
To help clients achieve their goals, a consultant works directly with them. Clients are referred to advisors through books, magazines and lectures.
How much should you charge to be a consultant?
It depends on your offering. If you are offering services for free, it is not worth charging anything. However, if you are selling products or services, then you need to set prices based on value.
If you are offering low-quality services, you don't have much to sell. Why would anyone pay anything for you?
You may be able to ask for a higher price if you offer high-quality services. This is because people know the value that you provide. Also, clients who purchase multiple packages from your company may get discounts.
Statistics
- Over 62% of consultants were dissatisfied with their former jobs before starting their consulting business. (consultingsuccess.com)
- So, if you help your clients increase their sales by 33%, then use a word like “revolution” instead of “increase.” (consultingsuccess.com)
- According to IBISWorld, revenues in the consulting industry will exceed $261 billion in 2020. (nerdwallet.com)
- WHY choose me: Why your ideal client should choose you (ex: 10 years of experience and 6-week program has helped over 20 clients boost their sales by an average of 33% in 6 months). (consultingsuccess.com)
- "From there, I told them my rates were going up 25%, this is the new hourly rate, and every single one of them said 'done, fine.' (nerdwallet.com)
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How To
What is a typical day for a consultant?
Depending on what type of work you do, your typical day may vary. You'll spend your time researching new ideas and meeting clients.
You will have many meetings where clients and you can discuss their issues. These meetings can take place over the phone, via email, online, or face to face.
You may also be asked to prepare proposals, which are documents outlining your ideas and plans for clients. You'll need to discuss your proposals with a mentor, colleague, or friend before you present them.
After all the preparation and planning, it's time to actually create some content. You could write articles, design websites, edit photos or conduct interviews.
You may need to conduct research depending on the scope of your project to find relevant statistics and figures. This could include finding out how many customers your company has and whether they purchase more than one product.
After gathering enough information, you can present your findings to clients. Your findings can be presented orally or written.
After the initial consultation, it is important to follow up with clients. You might contact them regularly to check on their progress or send them emails to confirm they have received your proposal.
Although it takes time, this process is worth it. It's also important to keep your eyes on the prize and maintain good relations with clients.