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The city is also famous for being the birthplace of Mardi Gras in America. The first Mardi Gras celebration took place in Mobile in 1703, long before New Orleans adopted the tradition. Today, Mobile hosts one of the country's largest and oldest Mardi Gras festivals, with parades, balls, costumes, and music.
Mobile is not only a city of history and culture but also a city of innovation and progress. Mobile is home to several major industries, such as aerospace, shipbuilding, steel, chemical, health care, and education. Mobile is also a hub for technology entrepreneurship, with several startups and incubators. It’s not surprising that Mobile is also home to many successful financial advisors and firms.
Peters Financial is an independent financial advisory firm based in Mobile, Alabama. The firm’s mission is to listen, understand, and provide thoughtful advice to help others achieve financial freedom. With over forty years of experience, our financial advisors bring a wealth of knowledge to the table and are ready to create a personalized strategy that is unique to your financial goals and dreams.
The firm offers a full range of investment and financial services and has access to a wide array of solutions. As an independent financial advisory firm, Peters Financial is under no obligation to represent or use specific financial products. Our financial advisors offer objective advice, based solely on your needs, with no obligation to proprietary products. Advisors employed by larger firms may be required to recommend products produced by their firms, which may not always be the best fit.
Peters Financial is a client-centered firm that focuses on building long-term relationships that encourage open and honest communication. Every recommendation is made with the client’s best interest at the forefront. Our financial advisors take the time to understand not only your financial situation, but your values and vision for your future and your family.
No matter where you are in life – just starting out, in your peak earning years, or nearing retirement – the Peters Financial team is here for you. We are not just your financial advisors; we are your partners in success.
Principal, Financial Advisor
Client Service Manager
Client Services Associate
Marketing & Operational Specialist
At Peters Financial, we’ve helped thousands of high net worth clients feel more confident about their money. Instead of one-size-fits-all advice, we offer customized, family-office-style solutions that provide the specialized expertise you won’t outgrow.
Financial Planning involves assessing your current financial situation and developing a clear strategy to achieve your goals. This comprehensive approach considers key areas like investments, taxes, savings, retirement, estate planning, and insurance. Our financial advisors are committed to assisting you in establishing a strong financial plan. Our goal is to alleviate any monetary worries you may have, support your present needs, and set you up for a secure future.
Investment planning is crucial for your financial security. It allows you to achieve your goals by selecting suitable investments based on your ability to handle risks and your time frame. Our financial advisors will guide you in choosing investment strategies that align with your goals. They'll also consistently assess your investment performance and make adjustments when needed to keep you on the right path. Trust our experts to help you make informed decisions and achieve financial success.
Retirement planning is preparing for life after you stop working. This includes setting a goal for when to retire, estimating your income needs, eliminating excess debt, and growing your savings. Our financial advisors will talk to you about your retirement goals and how to achieve them once you stop working. Your retirement plan will likely include qualified retirement plans, Social Security, personal savings, and investments.
Estate Planning involves preparing for end-of-life matters and taking charge of your legacy. While it may seem morbid and overwhelming, having a well-informed plan can greatly impact what you leave behind for your loved ones. Some essential components of estate planning encompass developing a will or trust, securing power of attorney, choosing beneficiaries, engaging in charitable giving, and much more. Our team of financial advisors work hand in hand with you and your attorney to ensure that your assets and intentions are clearly outlined.
College planning involves preparing for the future education expenses of your child or grandchild. These days college planning is crucial because of the persistent increase in the cost of higher education over time. To tackle this challenge, starting a college savings plan early has become extremely important. Luckily, there are several college savings programs available at both federal and state levels that offer tax advantages. Our team of financial advisors have the expertise and resources to assist you in navigating through these programs. By taking the right steps today, you can ensure that your children and grandchildren have the opportunity to pursue their dreams at their university of choice and achieve academic success.
Peters Financial understands the significance of selecting the right retirement plan for your business. Our team of financial advisors will thoroughly acquaint themselves with your business to evaluate the most suitable retirement plan choices for you and your employees. We offer a range of services, including 401(k) Plans, SEP IRA Plans, Simple IRA Plans, Profit-Sharing Plans, Combined 401(k) and Profit-Sharing Plans, Employee Stock Ownership Plans, and Solo Defined Benefit Plans. Rest assured, we have a retirement plan that will align perfectly with your specific needs and goals.
Life is unpredictable. That's why insurance exists. It's a valuable tool that safeguards you and your loved ones from unexpected situations. Whether it's an accident, an illness, or the unthinkable, insurance offers peace of mind. At Peters Financial, our financial advisors are here to guide you toward the right insurance that will bring you that sense of security. We offer three types of insurance services: life insurance, disability insurance, and long-term care insurance.
Financial advisors play a crucial role in helping individuals manage their finances and work towards their financial goals. They provide professional guidance and expertise in various areas of personal finance, ensuring that their clients make informed decisions. The general areas of expertise include financial planning, investment advice, and retirement planning. Some financial advisors may offer additional services based on their expertise and clients’ needs. These can include tax planning, estate planning, insurance analysis, education funding, and legacy planning.
Remember, the role of a financial advisor is to provide objective advice and assist in making informed financial decisions. They act as a partner and guide, helping you navigate complex financial matters and working towards your financial well-being.
Deciding when to hire a financial advisor depends on many factors. No one answer applies to all, but certain situations may require financial guidance. Here are a few key factors to consider:
The decision to hire a financial advisor is highly personal and should align with your individual needs and circumstances. Consider the complexity of your financial goals, available time and expertise, and any major life events that may impact your financial situation. By carefully evaluating these factors, you can determine whether hiring a financial advisor is the right choice for you.
Selecting the right financial advisor is a critical decision that can significantly impact your financial future. By considering these practical tips, you can ensure that you find an advisor who aligns with your individual preferences and needs.
A fiduciary is a person who must keep your financial welfare in mind legally. Not every financial advisor has this duty. So, knowing how to spot one is crucial. Here are some helpful tips:
There is no definitive answer to how much money you should have before getting a financial planner, as different types of planners may have different requirements and fees. However, some general guidelines are:
Yes, it's possible to hire an out-of-state financial advisor. Just note some key points. All investment advisors (IAs) and their representatives (IARs) must be registered with the local securities regulator or qualify for a registration exemption. If the advisor you have in mind lives out of state, they should be registered in your state. That's if they have over five clients there or meet other registration needs.
There can be a few downsides to hiring a financial advisor:
While robo-advisors are gaining popularity, they are unlikely to replace human financial advisors. Here are some reasons why: