Virtual Financial Advisor

Virtual Assistant

Are all Virtual advisors fiduciaries?

Yes!

At The Country Bank of Needham, we believe fiduciary responsibility is critical to a successful relationship and we ensure that all potential matches are fiduciary financial advisors.

This is a requirement for both Registered Investment Advisors (RIAs) and certified financial planners (CFPs).

What are fee-only financial advisors?

Fee-only financial advisors do not sell commission-based products, receive referral fees, or collect other forms of compensation, thus limiting potential conflicts of interest or potential concerns.

Location Agnostic
A virtual financial advisor allows you the ability to connect from anywhere.

With the flexibility of a videoconference, you can easily use your smartphones, tablets, or laptops to connect with your financial advisor at the click of a button. It becomes substantially easier to work together and collaborate with your advisor, as you are no longer limited in choosing the ideal.

By working with a virtual advisor, you easily eliminate friction by guaranteeing your ability to work with an expert regarding your financial plans or concerns from the comfort of your own home.

A location-agnostic financial advisor also typically has already worked out the “kinks” of communicating with their clients virtually. By doing so, they are best able to leverage the power of technology to deliver the personal finances services you need regardless of where you are located.

Location Arbitrage

Investors looking to hire an advisor in cities with a high cost of living often struggle to find an advisor that is affordable or that will take them as a client if they don’t qualify based on their asset minimum.

Having a virtual relationship allows investors in say San Francisco or New York City to hire an advisor in Scottsdale or South Carolina that will likely be more affordable and have a lower stated asset minimum even though they have the same expertise and level of service offering.